Can Crypto Wallets Be Hacked?

Many investors believe crypto wallets are completely safe, but the reality is more complex. While blockchain technology itself is highly secure, crypto wallets can still be hacked if proper security measures are not followed. The risk largely depends on the type of wallet you use—hot wallets connected to the internet are more vulnerable to phishing, malware, and exchange breaches, whereas cold wallets offer stronger protection but are not entirely immune to physical theft or recovery phrase loss.


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