Kraken launches self-custodial mobile wallet called Kraken Wallet

The firm published the app's open-source code on GitHub so that third-party review strengthens the wallet's security.

The crypto exchange giant Kraken released a self-custodial mobile wallet called Kraken Wallet, and it even published the app's code at launch.

The firm also released Kraken Wallet's code on the developer platform GitHub, stating that third-party review strengthens the wallet's security. "This means that the private keys must be exposed — at least during signing — within the memory of the sandboxed app environment. This leaves them more exposed to potential threats than a wallet which uses a secure element to sign transactions," the firm said.

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