Trezor Debuts Flagship Safe 5 Crypto Hardware Wallet

• Trezor has announced the launch of its new flagship crypto hardware wallet.
• The wallet features additional security features.
• It comes in two versions.

Crypto hardware wallet manufacturer Trezor announced on Friday the launch of its latest flagship product, which features upgraded security features to encourage self-custody of digital assets.

The company’s CEO, Matej Zak, made the announcement at BTC Prague 2024, the largest Bitcoin event in Europe. Over 100 speakers attended, including Michael Saylor, whose company and its subsidiaries held over 1% of the entire BTC supply as of March.

Trezor’s New Crypto Hardware Wallet

Named Trezor Safe 5, the new device allows users to store, manage, stake, send, and receive over 9,000 supported digital coins and tokens in one place via the Trezor Sute mobile app and desktop.

“This integration simplifies tasks such as buying, selling, and exchanging cryptocurrencies. Additionally, users have access to a wide array of third-party services, enabling them to tailor their cryptocurrency experience to their individual preferences and requirements,” Trezor said.

The hardware wallet features an enhanced 20-word backup process and a large color touchscreen with confirmation haptic feedback to protect sensitive information and perform cryptographic operations.

Security-wise, Trezor Safe 5 is an open-source device, meaning it is community-based and audited. This allows for faster detection and remediation of vulnerabilities.  

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While this might make the device easy to hack when stolen, given that its tech is publicly available, Trezor 5 features the NDA-free EAL 6+ Secure Element along with PIN and passphrase protection to establish a strong defense against online and offline threats.

Trezor Safe 5 is currently available for pre-order. Options include a universal hardware wallet or a Bitcoin-only hardware wallet designed exclusively for the BTC experience.  

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