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Over the first half of 2025, centralized exchanges have already seen over $2.17 billion stolen, surpassing the total for all of 2024. Hacks are only increasing, illustrating how vulnerable even the most prominent platforms can be. As malicious actors get more tech-savvy, ordinary investors are increasingly turning to cold storage—a method of securing cryptocurrencies offline, away from internet threats.
This trend is fueling innovation in the hardware wallet space. No longer are wallets just simple USB sticks; they are becoming compact, feature-rich devices, each catering to different needs, preferences, and budgets. Whether for security, convenience, or design flair, there's a broad spectrum of options emerging in 2025.