Kraken launches self-custodial mobile wallet called Kraken Wallet

  • 📰 TheBlock__
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 53%

Kraken Wallet News

United States Latest News,United States Headlines

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.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 464. in US

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.

Kraken Releases Own Crypto Wallet, Joining Competition With Coinbase, MetaMaskMargaux Nijkerk reports on the Ethereum protocol and L2s. A graduate of Johns Hopkins and Emory universities, she has a masters in International Affairs & Economics. She holds a small amount of ETH and other altcoins.
Source: CoinDesk - 🏆 291. / 63 Read more »

Kraken's institutional platform debuts custody service named Kraken CustodyThe move creates competition for Coinbase, which become the custody platform of choice for institutional investors issuing spot bitcoin ETFs.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Bitget Wallet Reaches 20 Million Users, Becoming the Fourth Largest Global Web3 WalletCrypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Google Wallet is rolling out support for Apple Wallet pass filesJohanna 'Jojo the Techie' is a skilled mobile technology expert with over 15 years of hands-on experience, specializing in the Google ecosystem and Pixel devices. Known for her user-friendly approach, she leverages her vast tech support background to provide accessible and insightful coverage on latest technology trends.
Source: PhoneArena - 🏆 322. / 59 Read more »

HackerNoon's Emoji Credibility Indicators are Live on GitHub and Figma!Emoji Credibility Indicators by HackerNoon are now live on GitHub and Figma!!! Read on to learn more.
Source: hackernoon - 🏆 532. / 51 Read more »

GitHub Copilot gets a new ChatGPT-like assistant to help developers write and fix codeGitHub is upgrading its AI-powered Copilot system. Developers will get access to a ChatGPT-like chatbot and can also use their voice to write code.
Source: verge - 🏆 94. / 67 Read more »