Trezor releases new crypto wallet model with support for thousands of digital assets
Trezor Safe 5 has an EAL 6+ security certification, confirming that the chip has passed rigorous testing and can withstand sophisticated attacks
14.06.2024 - 15:25
197
1 min
0
What’s new? During the BTC Prague conference, Trezor, a hardware crypto wallet maker, has unveiled a new device model Trezor Safe 5, as well as its separate version exclusively for bitcoin storage and the Trezor Suite app. Trezor Safe 5 supports thousands of cryptocurrencies, it offers a larger color touchscreen and an advanced 20-word seed-phrase recovery mechanism.
What else is known? The Trezor Suite app for computers and cell phones allows users to manage their assets on the device, including staking.
Trezor Safe 5 is EAL 6+ security certified, confirming that the chip has undergone rigorous testing and can withstand sophisticated attacks.
The backup is created using Shamir’s secret sharing scheme to divide the private key into several parts, the number of which the user can set independently. The owner can also decide how many parts of the secret key are needed to restore access to the wallet.
The new device is also compatible with the Trezor Keep Metal device, which is designed to store the secret key and protect it from external physical influences.
Priced at $169 for the standard Trezor Safe 5 device, bitcoin storage-only versions and a model in the Black Graphite color are available for pre-order and will ship in July. Green Beryl and Violet Ore colors will be available by mid-August.
The company introduced the previous Trezor Safe 3 device last October, which was the first release of a new Trezor crypto wallet after a five-year hiatus. The model is aimed at newcomers to the crypto space.
The company also offers Trezor Expert service to help with hardware wallet setup and private key management.
Useful material?
Telegram 
Twitter Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Market
The company predicts that the rate of the first cryptocurrency will grow to $200 000 by the end of next year
Nov 11, 2024
Cryptocurrency rates
-
Bitcoin
$96 798
BTC
+2.41%
-
Ethereum
$3 291.2
ETH
+5.42%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.11
XRP
-1.19%
-
Dogecoin
$0.38156
DOGE
-1.95%
-
Cardano
$0.782263
ADA
-6.62%
-
Bitcoin Cash
$478.92
BCH
+6.42%
-
Polkadot
$5.79
DOT
-2.03%
-
Stellar XLM
$0.239484
XLM
-8.21%
-
Litecoin
$88.59
LTC
+2.8%