TAIPEI, May 19, 2022 /PRNewswire/ — Leading blockchain security firm CoolBitX is combining cold storage and hot pizza to bring some well-needed cheer to the slumping crypto sector amidst tough market conditions this coming Bitcoin Pizza Day on 22 May 2022.
Its CoolWallet team has announced a limited edition Bitcoin Pizza Day hardware wallet and activities to celebrate both the milestone crypto event and its DeFi-focused flagship product CoolWallet Pro’s first launch anniversary.
Since its release 12 months ago, CoolWallet Pro has gone from strength to strength by rolling out several decentralized finance (DeFi) and non-fungible token (NFT) services and integrations. This comes on the back of devastating DeFi and NFT exploits adding up to billions of lost dollars through increasingly sophisticated phishing scams, exploits and hacks.
Cold storage is considered the most sensible security solution available for the retail investor, as it requires physical confirmation of all transactions and keeps users’ private credentials offline at all times. CoolWallet Pro, which resembles a credit card with a small e-ink screen, has garnered industry acclaim for its EAL 6+ secure element, military-grade encrypted Bluetooth communication and various biometric security measures.
CoolWallet Pro redefines DeFi and NFT cold storage
Since May 2021 CoolWallet Pro has added an innovative slew of DeFi-facing features, integrations and supported coins. With its recent in-app integration of Rarible and OpenSea, the Pro became the first cold wallet to support the two biggest NFT trading platforms. In addition, it also integrated 1inch and MetaMask support into its app, and optimized its WalletConnect interface to meet the evolving needs of DeFi and DApp users.
In the last year CoolWallet Pro also added native support for many top-tier coins and tokens such as DOT, ATOM,BSC, ADA, MATIC, and CRO, and its development team is working on more, such as Solana (SOL).
However, as the world’s first Bitcoin mobile wallet in 2016, the cold storage wallet has retained a special affinity for the original cryptocurrency. As a result, CoolWallet is celebrating CoolWallet Pro’s first birthday and the upcoming Bitcoin Pizza Day, the equivalent of Crypto Christmas or Thanksgiving, with a special edition Pizza Day CoolWallet Pro as well as a range of themed activities and giveaways for its community.
About Bitcoin Pizza Day
On May 22, 2010, American programmer Laszlo Hanyecz spent 10,000 BTC to buy two pizzas (valued at $27 at the time) from another forum user. Recognized as the first recorded Bitcoin transaction in history, the original 10,000 BTC is now worth around $300 million and remains an important milestone in the real-world adoption and valuation of cryptocurrencies.
About CoolWallet Pro’s Pizza Day Edition Hardware Wallet
CoolWallet is releasing a limited CoolWallet Pro – Pizza Day Edition ($149) in celebration of this day, with a unique pizza box packaging design and themed accessories for international markets. Over in Taiwan, CoolBitX is partnering with Pizza Hut Taiwan to introduce a co-branded version for the local audience to enjoy hot pizza and cold storage.
Other CoolWallet Pro Anniversary Activities
CoolBitX has both new and existing users in mind for the activities. It’s teaming up with its long-standing crypto exchange partner, ChangeHero, and will entice users with zero trading fees to use its integrated ChangeHero service on the CoolBitX App Marketplace for a 10-day period and the chance to win over USD500 in BTC.
Moreover, users are also invited to share their most desired new CoolWallet feature with the team, who will add the most voted request to their CoolWallet Pro roadmap. To say thanks, 10 lucky winners will be drawn each week during the campaign period of May 23rd to June 19th 2022, with a total of 40 winners each receiving 100,000 Satoshi BTC.
Historically, cold storage devices have lacked the user-friendliness of software wallets. However, the new generation of hardware wallets like CoolWallet Pro are closing the perceived gap of convenience between hot wallets and cold storage devices by offering the same functionality, only with better, physically tangible security. As with most things in life, adding some hot pizza to the equation makes these changes even more palatable.
About CoolBitX Ltd. (CBX)
Founded in 2014 by Michael Ou and backed by SBI Holdings, CoolBitX is a global blockchain security company building the next-generation infrastructure necessary to maximize digital asset adoption.
CoolBitX provides solutions for a rapidly-changing blockchain industry in order to foster the mass adoption of virtual assets through its two product lines: CoolWallet and Sygna.
CoolWallet is a credit card-sized hardware wallet range that allows for Bluetooth-enabled pairing with users’ mobile phones. The Sygna line of regulatory compliance products is tailored toward Virtual Asset Service Providers (VASPs), simplifying the compliance efforts of VASPs through the use of effective and secure technology.