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.
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