Also Interesting
How and Where to Store Cryptocurrency Safely
Owning crypto is one thing but storing it well enough is as important as owning it. Crypto doesn’t have the same protection as traditional currencies; money held in banks is safer than storing crypto the way it’s stored; because you need to keep it yourself.
Once you lose access to your crypto, chances are you’ll never get it back again; this is a prevalent issue for crypto owners. Since the inception of crypto, over 3.7 million Bitcoins have been lost.
There are different ways to store your crypto; you can keep them on hardware devices, applications, or even paper. When you learn about the various forms of storing crypto, you can choose a storing method that’s favourable for you and can keep your crypto safely.
Just as cash is saved or kept in physical wallets, so is bitcoin; the latter is stored in a digital wallet.
You can keep your bitcoin by printing the private keys and addresses on paper and using them whenever possible. Some of the best bitcoin wallets in Canada for storing cryptos are web-based or hardware-based. A digital wallet can also be on a smart device, like a smartphone, tablet or desktop computer.
Sometimes, not all digital wallets are safe enough to store crypto; securing crypto on a digital wallet depends on how the user manages the wallet. Each digital crypto wallet has a private key; without that private key, an owner of a bitcoin can’t access their bitcoin.
When your key is stolen, your bitcoin isn’t safe anymore. Once you lose your private key, it’s hard to get your bitcoin and thus, it’s hazardous to lose your private key. Crypto owners can also lose their bitcoin through hardware crashes or computer hacking.
Storing Cryptocurrency in a Custodial Wallet
A custodial wallet is a default option for storing crypto; by keeping your crypto in a custodial wallet, a third-party stores crypto for you, either offline or online – cold or hot storage – or a combination of the two ways.
At any point in time, when you buy crypto from crypto exchanges, apps or brokers, they store the crypto in a custodial wallet – a wallet that either the trade, app or broker company usually controls. Suppose you choose to keep your crypto. Yourself, you can transfer it to your hold or cold wallet.
Storing Cryptocurrency in a Cold Wallet
A cold wallet is usually an offline crypto wallet, and there are several ways one can store crypto in cold crypto storage; even better, you can keep your crypto private key on paper by writing the keys on paper. Still, the most common way of storing crypto on a cold wallet is by using hardware.
Hardware wallets are small devices that are usually connected to a computer and store cryptocurrency. These hardware devices for storing crypto are connected to the internet when you want to send and receive cryptocurrency, but when you aren’t sending crypto, you can keep your coins offline.
Store coins in a hot Wallet
A hot wallet; is an app that stores coins online; you can access a hot wallet from a desktop or mobile app and web-based wallets.
Store Cryptocurrency in a Physical Wallet
Storing cry top wallet involves having a paper containing your private keys in both strings, characters, and scannable QR codes.
These keys are used to make cryptocurrency transactions; you receive crypto with a paper wallet using the public key. To send crypto, you need to scan public and private keys.
Conclusion
Offline wallets are considered the best way to store crypto because they are secure, and many crypto platforms employ hardware storage to store their crypto. You can keep your crypto in a cold wallet for large amounts of coins. You can purchase hardware wallets for prices ranging from $50 to $150.
Alberta
From Underdog to Top Broodmare
WATCH From Underdog to Top Broodmare (video)
Executive Producers Jeff Robillard (Horse Racing Alberta) and Mike Little (Shinelight Entertainment)
What began as an underdog story became a legacy of excellence. Crackers Hot Shot didn’t just race — she paved the way for future generations, and in doing so became one of the most influential producers the province has known.
The extraordinary journey of Crackers Hot Shot — once overlooked, now revered — stands as one of Alberta’s finest success stories in harness racing and breeding.
Born in humble circumstances and initially considered rough around the edges, Crackers Hot Shot overcame long odds to carve out a career that would forever impact the province’s racing industry. From a “wild, unhandled filly” to Alberta’s “Horse of the Year” in 2013, to producing foals who carry her spirit and fortitude into future generations.
Her influence ripples through Alberta’s racing and breeding landscape: from how young stock are prepared, to the aspirations of local breeders who now look to “the mare that did it” as proof that world-class talent can emerge from Alberta’s paddocks.
“Crackers Hot Shot, she had a tough start. She wasn’t much to look at when we first got her” — Rod Starkewski
“Crackers Hot Shot was left on her own – Carl Archibald heard us talking, he said ‘I’ll go get her – I live by there’. I think it took him 3 days to dig her out of the snow. She was completely wild – then we just started working on her. She really needed some humans to work with her – and get to know that people are not scary.” — Jackie Starkewski
“Crackers Hot Shot would be one of the top broodmares in Albeta percentage wise if nothing else. Her foals hit the track – they’re looking for the winners circle every time.” — Connie Kolthammer
Visit thehorses.com to learn more about Alberta’s Horse Racing industry.
Also Interesting
Alberta Moves Toward Legal iGaming; Impact on Red Deer
Alberta is the latest province in Canada looking to welcome a new regulated iGaming market. Regions like Ontario have already proved how successful the industry can become. It’s not just for the gambling industry itself but for the infrastructure and development it can foster through the astounding amounts of tax revenue it can bring in. According to Delasport, in 2024 alone, Ontario reported Gross Gambling Revenue (GGR) figures of CA$3.2 billion. The staggering amount also represented a year-on-year increase of over 30%.
Given the potential for much-needed tax revenue injections, Alberta now wants to follow suit, albeit via its own regulatory model. The notion of regulated iGaming in the province has long been debated and is now finally ready to go ahead. While there is much work to be done, authorities are optimistic that the move will be a rousing success.
Early reactions point to the growing appetite for digital platforms that offer secure and convenient play. Industry observers often point to resources like an Esports Insider guide when discussing how online gaming continues to expand. Guides like these highlight safe and secure casino sites that locals can access and play on. The best sites provide a gold standard that Albertan sites should look to emulate. By offering expansive gaming libraries, together with generous player bonuses, fast payments, and adequate safeguards for players, these sites have become trusted members of the global industry.
For local regions like Red Deer, legal iGaming could have a positive effect if handled properly. The tax revenue generated from the industry could go a long way toward helping a lot of locals. Programs like the Integrated Coordinated Access (ICA), which help connect people in need with appropriate social services, could be better provided for. Of course, the final regulations will dictate how many and which programs benefit from tax revenues. However, social causes like this are a good example of how tax revenues can be used to help as many people as possible.
Local areas like Red Deer may also benefit through reinvestment. Infrastructure projects, community programs, or healthcare funding could all be supported by revenue streams that come from regulated play. While projections vary, the expectation is that even a small share of provincial income could create visible change at the municipal level. So long as the funds are allocated with appropriate oversight, the province as a whole would benefit greatly from iGaming revenue. The extra funding is needed more than ever in the wake of US tariffs and the realignment of global trade.
Local businesses could also feel an indirect boost. With online platforms drawing more attention to gaming as a form of entertainment, cafes, bars, and sports lounges may see opportunities to host events tied to esports or watch parties. This type of cross-promotion has worked well in other regions where iGaming has become part of mainstream culture. Red Deer, with its active student population and lively arts scene, is well-positioned to adapt.
With gambling regulations often being harsh in other regions, there’s often pushback whenever the industry wants to gain a foothold in a new locality. While many look at societal issues, those who are pro-business are quick to point out that gambling represents huge inflows of revenue wherever it’s treated fairly by regulators. That kind of windfall simply can’t be ignored. In many ways, the gambling industry is treated differently, usually subjected to higher taxes than other industries to balance out any concerns that may exist.
Technology also plays a major role in shaping this future. Faster internet connections, mobile devices, and secure payment tools have made it possible for online gaming to be part of everyday life. Players in Red Deer already use digital wallets for shopping, subscriptions, and travel bookings. Extending that convenience to entertainment feels like a natural step. The province’s move to regulate iGaming is less about introducing something entirely new and more about bringing order to a practice that already exists in the shadows.
Cultural attitudes also matter. Red Deer is a community that blends tradition with a growing openness to digital solutions. Events like esports tournaments and online streaming have already captured attention among younger residents. The addition of regulated iGaming could be viewed as part of this broader shift toward digital entertainment. As with music, film, and television, the move from physical venues to online access has reshaped how people engage with their favourite pastimes.
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