The ELLIPAL X Card is a game-changer, being the first air-gapped card wallet globally. The air-gapped design ensures total offline security, safeguarding against cyber threats such as hacking, malware, and phishing. It’s the ideal secure solution for crypto users, ensuring their investments are safe from online vulnerabilities. It keeps vital data and private keys entirely segregated from the internet, whether you’re transacting, storing, or receiving cryptocurrency.

One unique feature setting the ELLIPAL X Card apart is its ability to generate and restore seed phrases offline. Unlike conventional wallets relying on apps or software for backups, the X Card creates and saves seed phrases entirely offline, reducing online exposure risks. It also allows up to 10 simultaneous backups using a single seed phrase, providing additional security even if a backup card is lost or damaged.

The ELLIPAL X Card offers robust security with its CC EAL6+ secure chip, providing powerful protection against unauthorized access. With this chip, private keys never leave the card’s secure environment, offering unmatched defense against potential threats. The card’s PIN protection, which cannot be reset or bypassed, further enhances security.

The X Card offers a tap-to-go feature for quick, secure transaction signing, making it perfect for on-the-go transactions. Whether transacting with friends, making purchases, or interacting with DeFi platforms, the X Card ensures a seamless transaction experience.

The ELLIPAL X Card is not just a backup tool; it can also operate as an independent wallet. It can manage assets and serve as a standalone wallet, providing additional security and flexibility with up to 10 backup copies. It supports over 40 blockchains and 10,000+ tokens, including popular ones like Bitcoin, Ethereum, USDT, BNB, and XRP, accommodating users with varied crypto portfolios.

The X Card also simplifies wallet migration with its BIP39 compatibility, enabling easy offline recovery of wallets from other devices. The ELLIPAL X Card is now available for pre-order, with an exclusive Premium Limited Edition X Card, a leather card case, and additional gifts for orders placed before May 30th.

ELLIPAL, established in 2018, is a recognized leader in air-gapped cold wallets and has been named one of the top three hardware wallets by Forbes. Focusing on 100% offline, decentralized digital asset storage solutions, ELLIPAL supports over 40 blockchains and 10,000+ tokens and serves users in 140+ countries.

The post Unveiling the Future of Crypto Security: The ELLIPAL X Card Air-Gapped Wallet appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

Metamask and Coinbase users may now connect to Facebook and Instagram.
Users of crypto currencies were curious about how Meta will make use of NFT data.
Represantatives of Meta said that they gather and arrange data from open blockchains.
They can only identify collectors’ and makers’ collectibles from public blockchain data when users link third-party wallets to Instagram.

Meta closed its crypto wallet Novi, which was formerly known as Libra, in July.

It designed the wallet with the intention of facilitating borderless crypto and fiat payments, but ended the project when regulators in numerous countries complained.

The company granted access to user information to unaffiliated third parties. Cambridge Analytica was caught stealing Facebook user data from a quiz app.

A former employee revealed the data leak. He said the company illegally created 50 million accounts using personal data. The dispute between Meta and Cambridge Analytica was resolved.

Yet, Meta’s data protection wasn’t the only issue. A hacker forum posted 533 million Facebook users’ personal data in April 2021, Business Insider reported. 32 million Americans, 11 million Brits, and 6 million Indians were victims.

Concerns about the Safety of Wallets

Because of Meta’s past, members of the cryptocurrency community is skeptical about the safety of wallets and NFTs. NPC-Picac tweeted that they don’t believe connecting digital things to Meta is wise.

Another member of the cryptocurrency community expressed confusion on the way in which Meta will exploit NFT data. He was concerned that Meta would link the data from public blockchains to its existing database.

Secure Wallets on Meta

Use two-step verification if you use Coinbase’s wallet.
Enable Google Duo on the Coinbase wallet app.
Use multisigs for non-custodial wallets; this will need you to store your private key in a few different locations.
You may also choose to write or save information offline.
For optimal security, use a hardware wallet.

The post Meta Is Now Open for NFT posting. Wallet Security Concerns appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.