Japanese cryptocurrency exchange DMM Bitcoin is preparing to wind down its operations following a massive $320 million loss in Bitcoin due to a private key hack in May. The breach left the company ...

Losses from crypto scams, hacks, and exploits increased by approximately 21% year-over-year in 2024 — with threat actors paying particular attention to centralized services and private keys this year, ...

A private key, also known as a secret key, is a cryptographic key that is used to decrypt or digitally sign data. It is a crucial component in asymmetric encryption algorithms like RSA and ECC ...

Losing a private key means losing access to Bitcoin permanently because there is no recovery system. For long-term storage, offline wallets like hardware devices or metal backups reduce risk exposure.