Cold Storage vs. Web3 Wallets: A Multi-Layered Strategy for Digital Assets

Cold-Storage-web-wallets

In cryptocurrency niche, one maxim reigns supreme: “Not your keys, not your coins.” This simple phrase captures the fundamental truth of digital asset management. Living by this truth requires two essential tools: the Cold Wallet, built for security, and the Web3 Wallet, built for connectivity. Think of a cold wallet as a high-security vault: physically […]

Understanding Cold Wallet & the Concept of Cold Storage

Understanding Cold Wallet & the Concept of Cold Storage

For enterprises and institutions entrusted with managing substantial crypto assets, security is mission-critical. Control over private keys directly equates to control over funds, and in the event of a breach, the consequences are immediate and irreversible. With sophisticated online attacks, ranging from targeted malware to phishing campaigns, emerging daily, robust security protocols are no longer […]

Ooi Sang Kuang

Chairman, Non-Executive Director

Mr. Ooi is the former Chairman of the Board of Directors of OCBC Bank, Singapore. He served as a Special Advisor in Bank Negara Malaysia and, prior to that, was the Deputy Governor and a Member of the Board of Directors.