Safe

Bitcoin

Secure

when

Security

<ul>
 <li>Secure cold storage to prevent theft; even home-stored private keys are at risk, warns Mow.</li>  
 <li>Mow emphasizes cold storage security: Safeguard Bitcoin from easy access, even by owners.</li>  
 <li>Mow predicts Bitcoin surge with potential big investments from Apple, Buffett's Berkshire Hathaway.</li> 
</ul>  
<p>Samson Mow, the CEO of JAN3, has given an important warning about the need to secure Bitcoin correctly in cold storage. Mow highlighted that Bitcoin owners must ensure their assets are not easily accessible, even when stored in cold storage. He strongly advised against keeping private keys at home, where they could be at risk of theft.</p>  
<h2 class="wp-block-heading" id="h-video-demonstrates-risks-thieves-steal-safe-from-a-home">Video Demonstrates Risks: Thieves Steal Safe from a Home</h2>  
<p>Mow recently shared a video demonstrating the risks of inadequate cold storage. The footage showed three thieves removing a large safe from a house after failing to open it on-site.&nbsp;</p>  
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
  https://twitter.com/Excellion/status/1822145356932448644
 </div>
</figure>  
<p>This example underscores Mow’s point that cold storage must be secure enough to prevent easy movement or access, even by the owner. He emphasized that the security of cold-stored Bitcoin should be so robust that it becomes difficult for anyone, including the owner, to move the assets without considerable effort.</p>  
<p>Moreover, Mow has expressed a highly optimistic outlook on <a href="https://cryptonewsland.com/capula-management-unveils-464-million-investment-in-bitcoin-etfs/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin’s</a> future.. According to Mow, this significant price surge, which he refers to as an "Omega candle," could be triggered by large-scale investments from major corporations such as Apple or Warren Buffett’s Berkshire Hathaway.</p>  
<h2 class="wp-block-heading" id="h-mow-s-optimistic-bitcoin-outlook-major-investments-could-trigger">Mow's Optimistic Bitcoin Outlook: Major Investments Could Trigger</h2>  
<p>His recent tweets reflect this optimism, speculating on the impact&nbsp; companies could have on Bitcoin's price if they decide to invest heavily in the cryptocurrency.</p>  
<p>Mow's warning is an important reminder to the Bitcoin community that while cold storage is essential for keeping digital assets safe, it still has risks.&nbsp;</p>  
<p>He stressed the importance of not only relying on the cryptographic security of blockchain technology but also ensuring the physical security of the storage device. Bitcoin holders are urged to review their cold storage methods to make sure their assets stay secure.</p> 
<p>The post <a href="https://cryptonewsland.com/bitcoin-security-alert-samson-mow-highlights-risks-of-inadequate-cold-storage/" rel="noopener noreferrer nofollow">Bitcoin Security Alert: Samson Mow Highlights Risks of Inadequate Cold Storage</a> appeared first on <a href="https://cryptonewsland.com" rel="noopener noreferrer nofollow">Crypto News Land</a>.</p>

Bitcoin Security Alert: Samson Mow Highlights Risks of Inadequate Cold Storage

Table of Contents

Crypto News Land

Other articles published on Aug 10, 2024

Bitcoin Indicator Signals Bull Market After Brief Bearish Phase

Near Protocol (NEAR) Investors May Gain 500% In New Launchpad Token on BLAST

Ethereum Leads in Blockchain Revenue By $2.7 Billion In 2024.

SSV Network Reaches 40,000 Validators on Ethereum Mainnet

CBOE Resubmits Bitcoin ETF Options Plan After SEC Feedback

U.S. vs. Russia: Trump and Putin Race for Bitcoin Mining Dominance

Join our free newsletter for daily crypto updates!