Companies Editor's Picks News

SafePal Launches a Wallet on Telegram and Improves Security of Its Hardware Devices

SafePal Launches a Wallet on Telegram and Improves Security of Its Hardware Devices

TL;DR

  • SafePal launched a Telegram-integrated wallet with banking support and a digital Mastercard, now available to over 950 million users.
  • It upgraded its hardware wallets with CC EAL 6+ security chipsets without changing prices, enhancing protection in the S1 and X1 models.
  • It added transaction simulation, data analysis, and Safe support in multisig, improving control over dapp operations.

SafePal introduced a series of updates aimed at improving the security and functionality of its wallet ecosystem, both in hardware and software. Among the most notable announcements is the launch of a Telegram-integrated wallet and the upgrade of security chipsets across its entire line of physical devices.

The new Telegram Mini-wallet includes an integrated banking gateway and support for a digital Mastercard. This product has already passed its testing phase and is available to more than 950 million Telegram users.

It allows users to send and receive cryptocurrencies across more than 40 networks, including Ethereum, TON, BNB Chain, and Arbitrum, with future integrations planned for others such as Solana. Additionally, users can link bank accounts in USD, EUR, CHF, and CNY through entities regulated by FINMA, the Swiss financial authority. They can also use their digital Mastercard with providers such as PayPal, Apple Pay, Google Pay, and Samsung Pay.

SafePal Upgrades Chipsets in S1 and X1 Models

At the same time, SafePal improved the security of its hardware wallets by adopting CC EAL 6+ certified chipsets, replacing the previous EAL 5+ version. This certification level is used to assess security in devices that handle sensitive data, such as passports or credit cards. The upgrade applies to both the S1 and X1 models and does not affect device pricing. Although some warehouses still hold units with the older standard, the company states that these continue to provide adequate protection for cold storage.

SafePal post

Updates also extended to the mobile and software versions, including features for data analysis and transaction simulation for dapps. These tools allow users to check the potential impact of an operation before confirming it, giving them greater control over their funds. For multisig wallets, specific support for transactions with Safe (formerly Gnosis) was added.

Lastly, SafePal highlighted its recent integration with WalletConnect in its SFPlus staking platform, aimed at enhancing the utility of the SFP token within the ecosystem. The company continues to expand its strategy in decentralized financial services.

Related posts

Bitcoin Mining Firm GRIID Debuts on Nasdaq

jose

Bitmain is sued because of the abolition of IPO

alfonso

Analysis of the Crypto Market amid Rising Global Tensions

Afroz Ahmad