Hack Jitters Push Bitcoin Investors Back to the future

Following a string of thefts in which hackers stole close to $2 billion, many people are worried about the security of their cryptocurrency funds.

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In the first seven months of the year, digital thieves stole $1.9 billion in cryptocurrency, up 60% over the same period last year.

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It has fueled the demand of wallets, specifically hardware wallets around the world.

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By 2030, the $245 million market for hardware wallets worldwide is projected to reach over $1.7 billion.

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The investors mainly focus on cold wallets as hot wallets are more vulnerable to be hacked.

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On the Solana blockchain, almost 8,000 cryptocurrency wallets were attacked by hackers in August, who stole more than $5 million in cryptocurrency.

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