hot wallet

Search documents
Avoid This Common Mistake with Your Crypto Wallet!
Digital Asset Newsยท 2025-10-21 13:34
is that the person that had the Ellipal cold storage device, what they did to lose their 1.2% million XRP tokens, which is worth about 3 million bucks, is that they used the pneummonic or the uh seed phrase, and they for some reason they I don't know why they did this. They took the seed phrase from a cold storage device and they put it into a hot wallet, and everything got transferred over there. And because it's a hot wallet, it's connected to the internet.Uh hackers got into it and drained the account in ...