However, having such a high and secure level of security, all the hackers failed to hack into the wallets. They even organized a competition to invite hackers to hack accounts holding 1BTC. There are no cases of ZenGo being hacked as their security processes are robust, leveraging 3FA and advanced MPC cryptography. They have also implemented a guaranteed access solution called “Chill Storage™” that allows you to access your funds in extreme cases. This wallet also uses MPC-based cryptography technology, making it extremely secure. Lastly, you will need to set your encrypted biometrics. Once you have completed those steps, your decryption code will be saved on your cloud storage.
Best crypto wallet registration#
After that, you’ll need to confirm your registration by clicking the link in your email. When you sign up, you’ll need to use 3FA level security. ZenGo’s advanced security makes it very difficult for hackers to access your wallet. ZenGo offers 24/7 in-app customer service with real people and supports 70+ assets, including Bitcoin, Ethereum, and Tezos.
With no private key to lose or steal, ZenGo’s wallet removes the main vulnerability leading to NFT theft – a hacker’s worst nightmare.
Millions of dollars of NFTs have been lost or stolen because of private key mismanagement. While this technology has been used by billion-dollar institutions for years, ZenGo is the 1st wallet to offer these advanced security features as a crypto wallet. ZenGo is the first Web3 wallet with no private key vulnerability, secured by encrypted biometrics.
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