Thursday, June 9th 2022

KINGMAX Makes Crypto Hardware Wallet Debut With SecSycript Card X1

KINGMAX, a world-renowned professional supplier of memory products, is launching into the cryptocurrency and NFT market with SecSycript Card X1, a highly secure cryptocurrency hardware, or cold, wallet. After microSD memory cards for smartphones and fingerprint USB flash drives, KINGMAX's R&D team has come up with a new high-specification offering to cater to the rapidly growing blockchain market that imposes even more stringent requirements over security.

Coming with Bluetooth 5.0 transmission technology and an industry-leading CC EAL 6+ certified chip embedded, SecSycript Card X1 provides cryptocurrency owners with a highly secure hardware private key for asset protection. Moreover, this cold wallet's capacity for offline storage means a wide range of corporate or individual applications in different settings, such as electronic signing of smart contracts, that promise to ensure the security of both assets and data in blockchain applications.
Good for trading of major cryptocurrencies and digital signing of smart contracts

In conjunction with a specially developed smartphone app, SecSycript Card X1 can be used on virtually all the most traded cryptocurrencies: Bitcoin, Ethereum, BNB, Tether, Ripple, Dogecoin, Litecoin, ERC20, etc. (*the number of supported cryptocurrencies still on the rise). To accommodate blockchain smart contracts and NFT transactions that are becoming increasingly ubiquitous, the aforesaid app has an embedded DApp browser to link the card with other DApps developed for the Ethereum and Binance platforms (such as websites for NFT and DeFi transactions) and can perform digital signing of a wide range of smart contracts.

Three lines of defense: encryption chip, extra-wide display, image-corresponding password

In a departure from most other USB-linked hardware wallets on the market, SecSycript Card X1 represents a major upgrade in security while serving as a hardware wallet or completing digital signing. Apart from offline storage of private keys, KINGMAX's latest cold wallet adopts Bluetooth connection in conjunction with a specially developed smartphone app to minimize the risk of hacker interception without undermining user convenience. A three-tiered defense mechanism further ensures security: (1) an embedded CC EAL 6+ certified chip is capable of defending against data theft by external intruders; (2) an extra-wide e-paper display helps users confirm the transaction hash suffix, thereby warding off hacker alteration of account numbers or theft of digital signatures; and (3) a patented image-corresponding method (patent number I729832) is adopted to protect against peeping or interception by substituting numerals with images during password key-in. These features go a long way toward meeting the stringent security requirements for blockchain applications and justify why SecSycript Card X1 stands out as a cold wallet in a class of its own.

A light, thin, compact portable

SecSycript Card X1 stores private keys offline and thus offers greater security than its hot wallet counterparts that always stay connected, be it in trading cryptocurrencies or applying digital signatures to smart contracts. As light and slim as a credit card, it is easy to carry, store, and use anytime anywhere. With its embedded ultrathin lithium battery comes the possibility of switching on or off the device by means of a "smart multifunction button." The card's electronic screen can show the QR code or other details of a given transaction account in entirety. While users are required to use an exclusive USB charger, standby time runs approximately 2-3 weeks, depending on the frequency of use. Users are thus recommended to recharge the card every two weeks to maintain the battery in optimal condition. The aforesaid app specially developed for SecSycript Card X1 works on both the iOS and Android platforms.

Specifications
  • Bluetooth version: BLE 5.0 (encrypted communication)
  • Security Feature: CC EAL6+ certified security element embedded
  • Improvement Proposals: BIP32, BIP39 and BIP44, (Hierarchical Deterministic wallet)
  • Cryptocurrency: BTC, ETH, BNB, OMNI USDT, XRP, DOGE, LTC and ERC20 tokens (more cryptocurrencies are increasing)
  • Digital Display: 1.43" 30K pixel ePaper
  • Battery: 30 mAh
  • Size: 85.60 x 53.98 x 0.9 mm
  • Working temperature: 0~50℃
  • Warranty: 1 year
  • Content: SecSycript card X1, charging case, user manual and cue card.
Source: KINGMAX
Add your own comment

8 Comments on KINGMAX Makes Crypto Hardware Wallet Debut With SecSycript Card X1

#1
Jism
I bet within 2 months a backdoor can be found. Or a flaw. But most hardware based encrypted devices somehow always have a way in. Like USB sticks.
Posted on Reply
#2
R-T-B
JismI bet within 2 months a backdoor can be found. Or a flaw. But most hardware based encrypted devices somehow always have a way in. Like USB sticks.
Hardware wallets have pretty high security standards. I'm not aware of many incidents of one being compromised vs the deployment rate, certainly not like you imply.
Posted on Reply
#3
Bruno_O
sigh... so much over engineering when all you need is just:
- an 8GB+ flash drive
- any recent live Linux (Ubuntu/LinuxMint/Fedore/etc)
- Electrum wallet

Create your live USB, boot to it, install Electrum, create your wallet with 2FA enabled, while storing your seed phrase in a safe place (offline preferably).

Now copy and use your wallet file into any computer, by using your password and Google 2FA to spend coins.

If you ever need to restore your wallet from scratch (lost access to 2FA, forgot password, etc) just build a new live Linux, install Electrum and use your seed phrase again.

This approach is much safer than any proprietary wallet, as you can always download the latest (and safest) Linux for free.

edit: Electrum for BTC, for alts the crypto.com defi wallet has 2FA as well, same process as above
Posted on Reply
#4
Tsukiyomi91
no matter how secure it is, human stupidity is something no security systems can cover.
Posted on Reply
#5
silentbogo
R-T-BHardware wallets have pretty high security standards. I'm not aware of many incidents of one being compromised vs the deployment rate, certainly not like you imply.
There were quite a few. Two of the biggest ones, Ledger Nano and Trezor, had several vulns over the years, anything from unintentionally exposing data during communication, to hardcoding "funny" offsets that compromise firmware security etc. That's without mentioning advanced stuff like fault injection, data line fuzzing, destructive messing with eeprom in MCU or with cryptographic controller itself... or the good-ole brute force attacks :banghead:
Posted on Reply
#6
R-T-B
silentbogoThere were quite a few. Two of the biggest ones, Ledger Nano and Trezor, had several vulns over the years, anything from unintentionally exposing data during communication, to hardcoding "funny" offsets that compromise firmware security etc. That's without mentioning advanced stuff like fault injection, data line fuzzing, destructive messing with eeprom in MCU or with cryptographic controller itself... or the good-ole brute force attacks :banghead:
I guess I am out of date. Appreciate the insight... When I last was in this, Trezor was well regarded lol.
Posted on Reply
#7
silentbogo
R-T-BI guess I am out of date. Appreciate the insight... When I last was in this, Trezor was well regarded lol.
It's just one of those things that's not really about security, but more about "feelgood" trendiness. Had a few friends that gave up on their hardware wallets altogether, because they cause more problems than give benefits. Though, the device itself is pretty cool. I'm wondering if there's a dev kit like that...
Posted on Reply
#8
R-T-B
silentbogoIt's just one of those things that's not really about security, but more about "feelgood" trendiness. Had a few friends that gave up on their hardware wallets altogether, because they cause more problems than give benefits. Though, the device itself is pretty cool. I'm wondering if there's a dev kit like that...
Well to a degree hardware is always about convienience. Afterall nothing is more secure than doing your encryption by pen and paper and memorizing the key... that convienience though...

PS: glad to see you posting again. Hang in there.
Posted on Reply
Dec 26th, 2024 08:16 EST change timezone

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