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    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    The Human Rights Foundation funds the Bitcoin ecosystem (BTC) with $325,000

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    Waltio outlines strategy to reduce its taxation on cryptocurrencies

    BlockFi files for bankruptcy after FTX collapse

    BlockFi files for bankruptcy after FTX collapse

    Solana’s Phantom wallet opens to Ethereum and Polygon

    Solana’s Phantom wallet opens to Ethereum and Polygon

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    How do Web3 and NFTs enrich the live music experience?

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    SOL down 96.5% since its ATH: Will the Solana blockchain survive FTX?

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Ngrave raises $6 million to remain the most secure crypto wallet on the market

January 25, 2022
in News
Ngrave raises $6 million to remain the most secure crypto wallet on the market

Buying cryptocurrencies is a first step that has become much easier. Storing them safely while keeping them on hand, however, is much trickier. Indeed, over the past year, the equivalent of $3.2 billion in crypto-currencies have been stolen from their online custodians. A real digital wild west taken over by pirates of all kinds. NGRAVE has been offering a real pocket safe for some time now. Today, the company concludes a masterful fundraising to remain the leader of the “cold” crypto storage wallet.

The crypto anti-theft device that investors are clamoring for

According to Chainalysis’ Crypto Crime Report 2022, cryptocurrency thefts increased by 516% between 2020 and 2021. The fact is that keeping your cryptocurrencies on online solutions or exchanges is a risky practice. That’s why the NGRAVE wallet takes the problem at the source. This completely offline wallet has no network connection. No wifi, no bluetooth, no 4G, not even a USB port. This while the majority of competitors base the transit of cryptocurrencies as transactions on these technologies.

Excluding these means of communication, the NGRAVE portable vault resolutely takes the side of maximum security. No external data will compromise your tokens. The device also embeds a biometric identification. It remains to date the only wallet stamped with the highest security certification EAL7, used for military applications. An extreme security of digital assets that has not escaped the attention of large crypto investment funds. Woodstock Fund, Morningstar Ventures and Moonrock Capital, among others, have just participated in a $6 million fundraising round to accelerate the development of NGRAVE.

The ZERO wallet described as the “coldest crypto hardware wallet” has already conquered 90 countries. The reason is that it has been developed by the world’s best cryptographic specialists. For example, Jean-Jacques Quisquater is quoted in the original Bitcoin white paper. In addition, the device was proclaimed wallet of the year at the AIBC 2021 conference. So it’s no surprise that high demand has caught the whole team off guard. Currently out of stock, a waiting list allows to be notified when it will be possible to get your hands on it again. A good news which, let’s hope, will be soon

The Ngrave wallet: a wall between your cryptos and hackers

This impenetrable wallet is part of a suite of complementary products. They guarantee an unmatched security today:

  • ZERO: this is the star product. In order to interact with the blockchain technology, the wallet is equipped with a camera that allows it to read a QR code. Thus, it updates all its data offline. In return, it communicates its operations by displaying a one-way QR code that can be read and transmitted by your phone.
  • GRAPHENE: these stainless steel plates carry the keys to recover your assets (seed phrase). These supports are resistant to wear and tear, accidents, and can withstand over 1660 degrees of heat! No comparison with the paper solution used by over 90% of crypto holders.
  • LIQUID: the mobile app communicates with the ZERO wallet via QR code without ever having access to confidential information such as your private keys.

Getting to grips with the ZERO wallet is a breeze as its development has focused on a smooth user experience. The lightweight case (180g) fits in the palm of the hand and its large touch screen is reminiscent of smartphones for maximum familiarity. The high-end wallet embeds an impressive list of corner tokens from many different networks, starting with Bitcoin ($BTC) and Ethereum ($ETH).

The crypto ecosystem is facing increasing attacks on centralized exchanges and in investors’ wallets. Protecting assets from hackers has become a central concern. NGRAVE has taken the side of the 100% offline wallet. No network connection, no USB, no bluetooth. With its modern and readable design, this wallet is a reference that combines fun and maximum security to keep your precious assets.

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