Tropic Square

Announcement

Tropic Square joins IoT Security Foundation to Drive Transparent IoT Solutions

May 23, 2024

3 min read

Tropic Square, innovators in transparent and auditable secure semiconductors joins the IoT Security Foundation (IoTSF), the global association committed to ensuring the security and reliability of Internet of Things (IoT) devices.

Tropic Square's IoTSF member badge

IoTSF unites companies worldwide to enhance cybersecurity defenses by collaborating with its members to offer guidelines, best practices, and resources for secure IoT deployments. As IoT devices become more integral in both personal and professional environments, IoTSF tackles the challenge of mobilizing robust security measures.

Tropic Square develops open secure chips that protect IoT devices from advanced attacks. These chips serve as a hardware Root of Trust (RoT), with the security based on transparency. Technical details on the security design and logic are made accessible to the open source community. The openness serves to equip design engineers with components that empower secure product development, as well as cross communication for resolving vulnerabilities.

Tropic Square’s approach aligns with IoTSF's mission to inform the public and ensure the ongoing safety of IoT systems. The joint efforts aim to strengthen security defenses to evolve alongside emerging challenges in IoT devices, while aligning IoT product lifecycle to upcoming legislation like the EU’s Cyber Resilience Act and Cybersecurity Act.

Learn more about the IoT Security Foundation by visiting https://iotsecurityfoundation.org/

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About Tropic Square

Tropic Square is a fabless semiconductor and IP company founded in 2020 as a response to the need for secure open hardware co-processors. We stand for TRuly Open Integrated Circuits by developing and producing secure cryptographic coprocessors and IPs.  Our designs are tested by experts in the open source community and made available for community use.

For more information, visit tropicsquare.com

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Non-profit Initiative Trezor Academy Expanded to 21 Countries in 2024

Trezor

2 min read

  • In 2024, Trezor Academy has run 42 educational programs across 21 countries with more than 800 graduates
  • Trezor Academy supports local educators who teach bitcoin fundamentals. It focuses mainly on Africa

Trezor Academy, a non-profit educational initiative by Trezor, dedicated to promoting Bitcoin adoption in developing regions, made remarkable strides in 2024 in democratizing access to financial knowledge across underserved regions, particularly in the Global South. 

In 2024, Trezor Academy achieved significant milestones:

  • Conducted 42 educational programs, each comprising three consecutive meetups
  • Expanded to 21 countries, with a primary focus on Africa, as well as programs in South America, Mexico, or the Caribbean
  • The lectures were conducted in English, Spanish, and French, but also in local African languages
  • Educated over 800 local participants, equipping them with essential Bitcoin knowledge

Driven by its mission to accelerate Bitcoin adoption worldwide, Trezor Academy leverages interactive meetups led by local educators. These sessions, attended by 20-30 participants each, cover Bitcoin fundamentals — explaining its importance, functionality, and practical use for making payments.

Empowering Local Educators
Trezor Academy emphasizes local engagement by training and supporting educators to teach in their native languages and adapt content to align with cultural and economic contexts. These educators are provided with Bitcoin literature, resources, and modest financial support to ensure sustainability and impact.

Trezor Academy partnered with grassroots organizations globally, collaborating with initiatives such as Bitcoin Dada in Kenya, Bridgesats in the Democratic Republic of Congo, Nova Stars in Suriname, or African Bitcoiners, a Pan-African effort.

“We are proud to see Trezor Academy bring the transformative potential of bitcoin closer to communities that stand to benefit most,” said Josef Tětek, Trezor’s well-known Bitcoin evangelist who is the founder and driving force behind Trezor Academy. “Our mission has only just begun, and we look forward to expanding this initiative globally.”

Looking Ahead
Building on its success, Trezor Academy aims to continue its efforts in 2025 and expanding further by reaching new countries and engaging passionate local educators to spread Bitcoin knowledge within their communities.

For Bitcoin educators interested in organizing a Trezor Academy meetup, the initiative offers collaboration opportunities to bring Bitcoin education to local communities.

For more information about Trezor Academy, including upcoming meetups and highlights from previous events, visit academy.trezor.io

Photos from the Trezor Academy meetups : click here

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About Trezor Academy 

Trezor Academy is a nonprofit educational initiative by Trezor, designed to promote bitcoin adoption through grassroots education. Trezor Academy provides localized bitcoin education for communities in underserved regions, equipping individuals with financial literacy and the knowledge to navigate the digital economy securely.

About Trezor 

Trezor is the original bitcoin hardware wallet company, founded in 2013. It pioneered the development of the self-custody of crypto assets, empowering individuals with an open-source device that enables anyone to easily and securely hold cryptocurrencies.

Trezor has expanded to offer a whole ecosystem of easy-to-use both hardware and software products that help protect users - from crypto novices to crypto experts. In 2023, the company launched its Trezor Academy initiative which educates grassroots communities across the African continent on safe participation in the bitcoin ecosystem. Trezor is part of SatoshiLabs, a technology holding company with various interests in crypto and bitcoin companies.

Trezor Achieves Milestone with 100k ETH Staked Through Recently-launched Staking Feature

Trezor

2 min read

Staking was launched only a few months ago in May in Trezor Suite.

Service is in collaboration with reputable Everstake.

Only 0.1 ETH required to start staking.

Trezor, the world’s leading open-source cryptocurrency hardware wallet producer, proudly announces that its users have staked a remarkable 100,000 ETH since the company introduced secure staking in its Trezor Suite in May 2024. Through this new feature, Trezor enables users to earn rewards by participating in Ethereum’s network security directly from their Trezor wallets.

Trezor’s staking service, launched in collaboration with Everstake, a well-regarded staking-as-a-service platform, requires a minimum stake of just 0.1 ETH, making it accessible for a wide range of Ethereum holders. With auto-compounding rewards and a user-friendly setup within Trezor Suite, Trezor has simplified the staking process while maintaining top-tier security standards.

“We are thrilled to see such strong adoption of our staking feature,” said Matěj Žák, CEO of Trezor. “Trezor users believe in self-custody, but also want to see their holdings grow. In fact, staking is a great embodiment of that philosophy - holding rather than selling, but earning interest while allowing the community to benefit from the staked coins, all while keeping them maximally secure. We sensed that there was serious interest for such a service, but even we didn’t expect that we’d blast through this milestone within this year. This impressive level of engagement underscores our community’s commitment to both security and network participation.”

For more information on how to stake ETH using Trezor Suite, visit www.trezor.io

-ENDS-

Note to editors

Product images and Trezor logos are available for download at the following link: https://trezor.visualbook.pro/en/imagery 

About Trezor 

Trezor is the original bitcoin hardware wallet company, founded in 2013. It pioneered the development of the self-custody of crypto assets, empowering individuals with an open-source device that enables anyone to easily and securely hold cryptocurrencies.

Trezor has expanded to offer a whole ecosystem of easy-to-use both hardware and software products that help protect users - from crypto novices to crypto experts. In 2023, the company launched its Trezor Academy initiative which educates grassroots communities across the African continent on safe participation in the bitcoin ecosystem. Trezor is part of SatoshiLabs, a technology holding company with various interests in crypto and bitcoin companies.

Trezor Safe 5 launches, bringing everyday convenience to crypto hardware wallets

Trezor

2 min read

Premium device combines color touchscreen with haptic feedback, EAL 6+ Secure Element, and enhanced backup processes

Trezor Safe 5

Trezor, the original bitcoin hardware wallet company, today introduces the Trezor Safe 5, which brings everyday convenience to securely storing, managing and buying cryptocurrencies in a cold-storage wallet. Drawing on more than ten years’ experience of open source security, the Trezor Safe 5 packs an array of powerful attributes that support active, regular management of crypto assets, while maintaining Trezor’s commitment to exceptional levels of usability and security:

  • Color touchscreen and Trezor Touch haptic engine for a richer interactive experience 
  • NDA-Free, EAL 6+ certified, Secure Element designed to protect sensitive information and perform cryptographic operations
  • An enhanced, more robust, 20-word backup process offers a seamless upgrade from a standard Single-share Backup to an Advanced Multi-share Backup
  • All Gorilla-Glass surface protects device from scratches and damage

With a vibrant color touchscreen, the Trezor Safe 5 delivers a visually engaging interface. Its large screen gives users additional reassurance about the transactions they’re processing. The Trezor Touch haptic engine enriches interactions to deliver an experience so intuitive users can feel it. 

As with all Trezor hardware, the Trezor Safe 5 is designed on open source security principles, enabling the Trezor community to verify the technology and giving them confidence in the integrity of the wallet. The device’s Secure Element has EAL 6+ certification, confirming that the chip has undergone extensive testing and can withstand sophisticated attacks. The absence of non-disclosure agreements (NDAs) covering use of the Secure Element in the device provides a transparent foundation for security to further enhance protection.

The new, enhanced backup standard, which now uses 20 words, improves the user-friendliness of the backup and recovery process. The upgraded wordlist contains carefully selected words that are easily distinguishable from each other.

Most importantly, with the enhanced backup users can seamlessly upgrade from a standard Single-share Backup to an Advanced Multi-share Backup, offering superior security with no single point of failure. The backup is created using Shamir's secret sharing to split the master secret key into multiple unique shares. Users can decide how many unique shares the advanced backup consists of and how many are needed to restore the wallet. Even if some shares are lost, users can still access their crypto. 

To protect wallet backup phrases from fire, water and physical damage, Trezor will also offer a 20-word version of its Trezor Keep Metal solution for USD 99 at the beginning of July. 

The Trezor Safe 5 will still support other legacy backup processes if users prefer those options, and earlier standards are still functional when recovering from older models.

The high-performance specifications of the wallet are matched in its sleek, appealing design. Available in Black Graphite, Violet Ore and Green Beryl, the device is encased in damage-proof Gorilla Glass, providing durability along with a refined look and feel.

 

Supporting a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and thousands more, Trezor Safe 5’s extensive compatibility ensures that users can securely store, manage, stake, and use their crypto all in one place via the Trezor Suite desktop and the accompanying mobile app to monitor crypto from a mobile phone on the go. Additionally, users can draw on Trezor’s extensive network of third-party services, empowering them to fully customize their crypto experience according to their unique needs.

Trezor Safe 5 extends the Trezor Safe product family following the launch of the Trezor Safe 3 – an easy-to-use, secure hardware wallet for crypto novices – in October 2023. 

Special devices just for bitcoiners

For Bitcoin devotees, Trezor is also introducing a new Bitcoin-only option that removes non-bitcoin related features and code, ensuring a smooth and optimized bitcoin-only experience. After a limited run of Bitcoin-only Trezor Safe 3s sold out in a matter of hours at launch, Trezor will now offer an unlimited edition of the Bitcoin-only Trezor Safe 3 and Trezor Safe 5 – both sporting the familiar fiery orange shade – for general sale.  

Trezor Safe 5 Bitcoin-only

Matěj Žák, Trezor’s Chief Executive Officer, said: “Understandably, many crypto enthusiasts lack trust in exchanges and are looking for an easy and secure way to interact with their crypto assets. However, with hardware wallets often designed more for ‘hodling’ crypto rather than using crypto on a more regular basis, we saw that there was an opportunity to  bring something new to the sector – enter the Trezor Safe 5, the ultimate hardware wallet for crypto users looking for everyday utility along with the highest level of security and effortless usability.”

Matěj Žák launched the Trezor Safe 5 on stage at BTC Prague 2024 where he also introduced new service, Trezor Expert, a service dedicated to building user confidence in self-custody. Trezor Expert specialists provide personalized, one-on-one online onboarding sessions for Trezor customers, helping them to set up their hardware wallets. The service eases customer concerns about making errors and gives them an improved understanding of the security considerations surrounding self-custody. 

The Trezor Safe 5 is available for preorder today at a retail price of USD 169. Trezor Safe 5 Bitcoin-only and Black Graphite are also available for preorder with shipping at the beginning of July. Trezor Safe 5 Green Beryl and Violet Ore will be available by mid-August. 

For more information please visit: https://trezor.io/trezor-safe-5 

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Note to editors

Product images and Trezor logos are available for download at the following link: https://trezor.visualbook.pro/en/imagery 

About Trezor 

Trezor is the original bitcoin hardware wallet company, founded in 2013. It pioneered the development of the self-custody of crypto assets, empowering individuals with an open-source device that enables anyone to easily and securely hold cryptocurrencies.

Trezor has expanded to offer a whole ecosystem of easy-to-use both hardware and software  products that help protect users - from crypto novices to crypto experts. In 2023, the company launched its Trezor Academy initiative which educates grassroots communities across the African continent on safe participation in the bitcoin ecosystem. Trezor is part of SatoshiLabs, a technology holding company with various interests in crypto and bitcoin companies.

Trezor Sees Record Sales Week as Bitcoin Approaches $100K

Trezor

2 min read

The hardware wallet company reported a 600% surge in sales following the U.S. elections
Trezor also achieved its highest single sales day in history

Trezor, the original bitcoin hardware wallet company, has reported the most successful sales week in its history. This milestone coincides with Bitcoin's sharp price surge, nearing the $100,000 mark. The beginning of a new bull market, increased interest in cryptocurrency, and a growing shift away from centralized exchanges toward self-custody have significantly driven Trezor’s record-breaking sales.

The historic sales week followed the U.S. presidential election, with Trezor experiencing an extraordinary 600% increase in weekly sales compared to the previous six-month average.
This surge peaked on Friday, November 22, when Trezor achieved its best single sales day ever. Sales were 11 times higher than the typical daily average over the last six months, and it eclipsed its previous high on May 17, 2023, when Ledger announced its "Ledger Recovery" service. 

Danny Sanders, Trezor's Chief Commercial Officer, commented on the milestone: “These unprecedented results highlight the growing interest in cryptocurrencies. A pivotal moment was Bitcoin becoming one of the topics during the U.S. presidential elections, which served as a catalyst for further adoption. Moreover, these remarkable results were fueled by a long-term increase in awareness among crypto users about the importance of self-custody. The mantra ‘not your keys, not your coins’ remains highly relevant, as the market continues to recognize the risks of leaving assets on centralized exchanges — a hard lesson learned from the collapse of numerous exchanges in the past. All of this underpins the success of our expanded product range with the new Safe and Keep Series and Expert onboarding making it easier for new people to onboard to hardware wallet ”.

The Shift Towards Self-Custody

The shift towards self-custody is evident as Bitcoin reserves on exchanges have declined to their lowest levels in six years. In 2024 alone, approximately 427,000 BTC, valued at $40 billion, were withdrawn from centralized exchanges (source Cryptoquant). High-profile exchange failures, regulatory uncertainty, and increased user education have driven this movement. Self-custody solutions like Trezor ensure users maintain full control of their funds, mitigating the risks associated with third-party custodians.

New Product Line Drives Record Sales

Trezor’s new product families played a key role in achieving these outstanding results. The hardware wallets Trezor Safe 3 and Trezor Safe 5 have attracted significant attention for their user-friendly features, sleek modern design, and robust security backed by Trezor's open-source philosophy. Complementing these wallets, the Trezor Keep Metal — a durable solution for securely safeguarding wallet backups — and Trezor Expert, a personalized 1-to-1 online onboarding service, have seamlessly integrated into Trezor's portfolio. Together, these innovations have made self-custody more accessible to both seasoned crypto enthusiasts and newcomers, empowering more users to take control of their financial future.

Trezor’s commitment to empowering individuals through security, transparency and innovation continues to resonate with a global audience, driving record-breaking growth and positioning the company for continued success as the bull market accelerates.

— ENDS — 

Note to editors

Product images and Trezor logos are available for download at the following link: https://trezor.visualbook.pro/en/imagery 

About Trezor 

Trezor is the original bitcoin hardware wallet company, founded in 2013. It pioneered the development of the self-custody of crypto assets, empowering individuals with an open-source device that enables anyone to easily and securely hold cryptocurrencies.

Trezor has expanded to offer a whole ecosystem of easy-to-use both hardware and software  products that help protect users - from crypto novices to crypto experts. In 2023, the company launched its Trezor Academy initiative which educates grassroots communities across the African continent on safe participation in the bitcoin ecosystem. Trezor is part of SatoshiLabs, a technology holding company with various interests in crypto and bitcoin companies.