This is also known as a “hardware wallet” and is a physical device that acts as a wallet to store, manage, and transfer cryptocurrencies. Cold wallets are often used for security reasons since they are not constantly connected to the internet.

Ledger Hacker Dumps Hardware Wallet Users’ Personal Info on Public Server
Ledger, the leading cold wallet manufacturing company, appears to be reaping the consequences of an earlier hack that compromised its clientele base.
Europol Empowers Victims with Tools to Fend Off Ransomware Attacks
Europol, European Union’s law enforcement agency, has put together an anti-ransomware initiative that has managed to intercept $630 million dollars and more in ransomware demands, since 2016.
IDAX Freezes Cold Wallet Transactions Following CEO Disappearance
Something fishy might be happening as the IDAX cryptocurrency exchange’s CEO goes missing and its users are advised to halt using the exchange’s services.

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