TLDR
Hackers stole cryptocurrencies worth $600m (£433m) in the biggest crypto heist in history so far. Some have termed cryptocurrencies as ‘unsafe'. People who want to benefit from decentralization and unrestricted transfers are also pulled towards cryptocurrencies. To better understand how crypto theft occurs, we must analyze how public keys, private keys, and seed phrases work. A Cryptocurrency wallet is like a home. You have an address (the equivalent of a public key) that identifies your home. People can then send letters and postcards as long as they have your address. A private key is equivalent to the key to your home.via the TL;DR App
no story
Written by kadeemclarke | Head of Labs @ Momentum 6 | Tech Entrepreneur | Blockchain Investor | Car Enthusiast | Ask me about crypto and NFTs
