Why Installing A Crypto Wallet On A Rooted Phone Is A Bad Idea

In July 2017, about $32.6 million worth of ether tokens were stolen, while in 2019, hackers raked in more than $4BN in cryptocurrency through multiple scamming techniques. Millions of others are lost every year from hacking attacks. Cryptocurrency is often seen as the most secure mode of payment. However, recently, data breaches and malware attacks were observed in Bitcoin and Ethereum blockchains and noted to be caused by insecure systems. Although system loopholes are sometimes to be blamed, crypto wallet…