SafePal, a comprehensive noncustodial crypto wallet suite backed by industry leaders Binance Labs and Animoca Brands with over 10 million users, has made its offerings open-source and launched the X1, a new bluetooth hardware wallet
The X1 is the second addition to SafePal’s hardware wallet arsenal and introduces open-sourcing to the highly popular wallet suite., a comprehensive noncustodial crypto wallet suite backed by industry leaders Binance Labs and Animoca Brands with over 10 million users, has made its offerings open-source and launched the X1, a new bluetooth hardware wallet. The move comes strategically to better compete with other industry heavyweights, such as Ledger and Trezor.
“Our continued efforts to give crypto users accessible and secure cold-storage solutions over the past five years have culminated in the creation of the X1, and we are excited to go open-source for our wallet suite,” said Veronica Wong, CEO and co-founder of SafePal. Security audits for the X1 were completed by Keylabs, with all significant findings carefully addressed before confirming release to maximize safety. Relevant parts of the major code for the X1 have also been made open-source in stages to further strengthen transparency and trust.“The evolution of SafePal toward open source is especially exciting for us to see, given that we are enthusiastic backers of both open source and SafePal.
Paying homage to the flagship S1, the X1 retains notable features, including an anti-tamper self-erasing mechanism, a CC EAL5+ secure element, improved portability, a larger 1.8’ screen with high-speed bluetooth connectivity, and an intuitive 12-button D-pad.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Animoca plans to develop digital IDs and point system for Web3The Moca ID will also be used for access to the larger ecosystem which makes up over 450 companies in Animoca’s portfolio and over 700 million user addresses.
Read more »
Polygon Labs asks senators to consider apple orchard as they tax cryptoPolygon Labs brought up apple farming in a letter about how it thinks U.S. lawmakers should look to tax crypto staking rewards.
Read more »
Startale Labs to develop a blockchain with Sony in a joint ventureAfter securing seed funding in June, Startale Labs is joining with Sony to create a blockchain and push for greater web3 adoption.
Read more »
Decentralized exchanges a magnet for crypto wash traders: Solidus LabsDecentralized exchanges saw $2 billion worth of wash trades over the past three years, according to market surveillance firm Solidus Labs.
Read more »
Binance Says SEC’s Request for Depositions is ‘Overbroad’ and 'Unduly Burdensome'Binance says the SEC has no evidence to support its allegations that imply investor assets have been wrongfully diverted
Read more »
Binance.US calls SEC’s court requests 'unreasonable' in new filingBinance.US has responded to the motion to compel and reply by the SEC, calling most of its requests “unreasonable” and “unduly burdensome.”
Read more »