Cryptocurrencies are here to stay, and it seems these will continue to evolve until they become mainstream. While the global shift is not happening anytime soon, considering the volatility, it’s only a matter of when and not if.
According to Crypto.com, there are around 100 million crypto users globally. In general, cryptocurrencies are held in digital wallets, protected by keys, cold wallets, and so on. If a cold wallet is lost or an investor forgets one’s private key, access to the digital coins can be lost forever.