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Why IoT Devices Threaten Cryptocurrencies’ security
Locking your doors, shutting the blinds and getting under your blanket doesn’t cut it anymore. As long as you have an internet connection, and you operate within the fair usage of the internet (at least), there is a chance of being watched, tracked and attached. Cryptocurrencies might seem almost bulletproof when it comes to privacy and security, but many forget about the security of the wider network – their smart device filled Wi-Fi network. How do ill-protected IoT devices pose a danger to your cryptocurrency private keys? With that knowledge comes the urgency to heighten your defenses, which will also be outlined in the following.
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