The desktop app reportedly provides "More robust protection" than Trezor's browser-based wallet.
Crypto wallet provider Trezor has launched a new desktop app called Trezor Suite for its hardware wallet.
According to an Oct. 14 blog post, Trezor's parent company Satoshi Labs claimed its desktop app provides "More robust protection" than its browser-based wallet, and said they have eliminated the risk of phishing attacks that often target crypto users.
"People have the right to privacy and security online but few know how to achieve it," stated the Trezor blog.
"Using Trezor Suite should help everyone take full advantage of Bitcoin more easily and open the door to a more privacy-aware, crypto-competent, and self-sovereign society."
In January, Kraken Security Labs showed that hackers could extract private keys from a Trezor hardware wallet with just 15 minutes of physical access to the device.
There has been fierce competition among major cryptocurrency wallet providers, with data security often at the forefront of the discussion.
Cointelegraph reported in September that hackers had been targeting users on Electrum - a Bitcoin hot wallet - in phishing scams resulting in the loss of millions of dollars.
Ledger, another hardware wallet provider, confirmed a data breach in June that compromised more than one million user email addresses.
Trezor noted that its desktop app would be in public beta until January, at which time its old browser-based Trezor Wallet would be deprecated.
Trezor claims new "phishing proof" desktop wallet
Udgivet den Oct 14, 2020
by Cointele | Udgivet den Coinage
Coinage
Seneste nyheder
Se alt
First Mover: What's Next for Bitcoin as Wall Street Gets Vaccine Booster
Bitcoin was higher for a second day, staying in a range of between roughly $15,200 and $15,600, as news of progress in developing a coronavirus vaccine appeared to touch off a rally in U.S. stocks.
Market Wrap: Bitcoin Fails to Break $15.9K; Over 50K ETH Staked on Eth 2.0 Contract
Bitcoin gained Wednesday while Ethereum 2.0 staking has been ramping up.
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin.
Blockchain Bites: Data Unions. Hard Forks. And One Citi Analyst's Case for $300K BTC.
A Citibank managing director thinks bitcoin could hit $318,000.