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Wallets, Custody & Security · 16 articles
What Is a Wallet Drainer? — OTCN Research cover
Wallets, Custody & Security 07 Oct · 5 min

What Is a Wallet Drainer?

A wallet drainer is a phishing kit that tricks you into signing a transaction or permission that empties your wallet. How drainers work and how to defend.

Seed Phrase Mistakes That Lead to Lost Funds — OTCN Research cover
Wallets, Custody & Security 07 Oct · 6 min

Seed Phrase Mistakes That Lead to Lost Funds

Run this seed phrase check: digital copies, typing it into sites, who has seen it, single copies, untested backups, passphrases, split words and inheritance.

How to Back Up a Seed Phrase Safely — OTCN Research cover
Wallets, Custody & Security 07 Oct · 6 min

How to Back Up a Seed Phrase Safely

Write your seed phrase offline, check every word, choose paper or metal, store copies in separate places, test recovery and decide who can reach it if needed.

What Is a Seed Phrase? — OTCN Research cover
Wallets, Custody & Security 07 Oct · 5 min

What Is a Seed Phrase?

A seed phrase is 12 or 24 words that can restore every key in a crypto wallet. How it works, why it is the most important secret you hold, how to keep it safe.

What Is a Multisig Wallet? — OTCN Research cover
Wallets, Custody & Security 07 Oct · 5 min

What Is a Multisig Wallet?

A multisig wallet needs several keys to approve a transaction, such as 2 of 3. How multisig works, who uses it, its trade-offs and what the Bybit hack showed.

What Happened to Mt. Gox? — OTCN Research cover
Wallets, Custody & Security 07 Oct · 7 min

What Happened to Mt. Gox?

Mt. Gox handled most bitcoin trading before losing about 850,000 BTC in 2014. The timeline from collapse to repayments, why it failed and what it changed.

How to Set Up a Hardware Wallet Safely — OTCN Research cover
Wallets, Custody & Security 07 Oct · 5 min

How to Set Up a Hardware Wallet Safely

Buy from the maker, check the device, set it up yourself, write the seed phrase offline, verify addresses on the screen and test a small transfer before more.

What Happened When FTX Collapsed? — OTCN Research cover
Wallets, Custody & Security 07 Oct · 7 min

What Happened When FTX Collapsed?

FTX went from a $32 billion exchange to bankruptcy in days in November 2022 after customer funds were used by Alameda. The timeline, trial and repayments.