Not exactly, but kinda. "Hot" means connected to the internet – like hot wallets (online wallets). They're super convenient for quick transactions but being online means there's a higher risk of hacks.
On the flip side, "cold" storage (like hardware wallets) is offline, so it's way more secure against online threats.
So hot doesn't mean unsecure by default, but it's definitely hotter in terms of risk! 🔥🔒