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Wallet recovery firms buzz as locked-out crypto investors panic in bitcoin boom
The recent surge in bitcoin prices has the phones at crypto wallet recovery firms ringing off the hook, as retail investors locked out of their digital vaults make frantic calls to regain access to their accounts. Cryptocurrencies exist on a decentralized digital ledger known as blockchain and investors may opt to access their holdings either through a locally stored software wallet or a hardware wallet, to avoid risks related to owning crypto with an exchange, as in the case of the former FTX. Losing access to a crypto wallet is a well-known problem. Investors forgetting their intricate passwords is a primary ... (full story)
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- Posted: May 15, 2024 9:45am
- Submitted by:Category: Fundamental AnalysisComments: 0 / Views: 264
