For cryptocurrencies, security is an issue of particular importance. Of course, this could be said about anything, but ensuring reliable storage of digital assets requires more complex technological solutions than, for example, storing jewels in bank vaults.

The cryptocurrency industry has introduced humanity to a lot of previously unknown technologies for storing digital assets. Whilst some of these technologies existed before, after the appearance of Bitcoin they began to be actively used around the world.

This article will consider the multi-signature technology, which is often mentioned during the discussion of cryptocurrencies, but not everyone understands how it works and what…


Blockchain technology and cryptocurrencies have given the world many opportunities, although many may not realize it, do not notice it, or even deny it.

First of all, for people from anywhere in the world, there is an opportunity to self-actualize and acquire financial independence with a balanced approach to investment and self-control. Of course, there are also gambling enthusiasts who have lost a fortune on cryptocurrencies and are now convinced that the whole industry is just a bloated bubble, although they only lack the knowledge that would allow them to multiply their capital without any incredible labor costs.

On the…


Faith often leads people to think that everything is predetermined for them or that any things that happen to them can be signs affecting the future course of events. Of course, there are often coincidences that are hard to believe, and people can be lucky, leading to unimaginable results.

There is definitely a category of those people in the world who can read signs and use them for professional, personal purposes, as well as in order to increase capital, for example, in the cryptocurrency market. …


If back in March 2020, when the price of Bitcoin fell to $3,700, an ordinary cryptocurrency investor or trader was asked if he believed that in a year the price would increase more than 15 times, by 1,571%, the answer would most likely be negative. Not everyone is fully aware of the prospects of the flagship cryptocurrency, even now, when its potential is just being revealed.

Of course, such a “bloated” industry could be called a “bubble”, but the fact is that Bitcoin attracts people as an alternative to traditional assets that are controlled by the state or large corporations…


Situation 2021

Today, you can watch the history of cryptocurrencies formation as an international means of payment and at the same time a profitable investment tool. Since the appearance of Bitcoin, a long way has been passed, the flagship cryptocurrency has grown in price multiplying every year, and despite the fact that growth has slowed down, and the periods of reaching new peaks have increased, it continues promtly and now we already see Bitcoin at $50,000. The idea that there will be only two forms of wealth in the foreseeable future — Land and cryptocurrency — does not seem absurd…


Every person who has at his disposal such an asset as cryptocurrency, sooner or later faces the need to safely store their funds. Investors who have managed to buy Bitcoin at low prices, or those who are just looking at the asset, should be aware that Bitcoin is too high a value to take its storage lightly. Bitcoin is the digital currency of the future, constantly growing in price, due to the limited number and increase in resources necessary for its issuance, which is laid at the software level at its core.

In which country to store Bitcoins?

To begin…


Stablecoins are cryptocurrencies that are backed by fiat currencies, physical or digital assets.

One of the features of stablecoins linked to fiat currencies is their low exposure to price fluctuations in the market, so in the short term they are suitable for preserving the value of cryptocurrency savings in a case of a market fall.

Stablecoins backed by BTC are more suitable for long-term storage. The idea of such stablecoins is that the growth of Bitcoin, although permanent, but high volatility allows you to correctly fix the profit in a year or several years after the investment.

For a better…


Modern technology continues to capture the hearts and minds of more enthusiasts, who are able to discover and implement ideas, inspiring the development of entire innovative industries.

Representatives of both tech giants and start-ups unite, exchange ideas and compete with each other, while preferring to be located in the neighborhood for convenience and optimization of common business processes. Silicon Valley, located in the state of California (USA), is the world most famous example of the phenomenon.

Another prime example of it is the Crypto Valley in Zug, Switzerland. ZUG is a canton (with the capital of the same name), by…


Interest in cryptocurrencies follows the upward trend. According to Google Trends, the number of search queries for the phrase “buy crypto” has increased significantly in recent months.

There is one country that stands as a benchmark for assessing the performance of the queries against Bitcoin. For the past year, Nigeria has been firmly at the top of the list. Only a few other African countries were able to come close to its indicators, in particular, Ghana and South Africa.

Nigeria has the largest economy in Africa with more than $ 500 billion in nominal gross domestic product.

Of course, the…


The growing demand for digital assets from both institutional investors and people who have turned their eyes to cryptocurrencies for the first time allows us to be optimistic about the future of the entire industry. According to data provided by analysts of cryptocurrency exchanges, the amount of monthly deposits of platform users from Russia for the first half of 2020 increased almost 5 times.

Despite the presence of unforeseen market crashes in the past, which were accompanied by expert forecasts about the sudden end of the market for cryptocurrency assets as profitable investment cells, currently Bitcoin feels confident afloat while…

SIMBA STORAGE

Simba.Storage offers innovative services on safe and highly secure storage of your funds combining advantages of both cold and hot wallets.

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