RE: Trezor Review: Stop Blindly Trusting Hardware Wallets

[edicted]

Reminds me of Binance's "spiritual headquarters" in Malta. LOL!

I failed the pin entry 2 out of 3 tries or something and had one left before it wiped I think.

I actually use this feature to wipe the device on purpose.
I think it's neat.
If you know the seed phrase, the money is safe.
All the private keys are created with those 12-24 words.

Comments

[shortsegments]

So are you saying Binance doesn't actually have a headquarters in Malta?
How did I miss that?

[edicted]

https://finance.yahoo.com/news/binance-not-authorised-operate-malta-125821489.html

https://www.theblockcrypto.com/linked/56603/binance-is-not-authorised-to-operate-in-malta-says-the-countrys-financial-regulator

https://decrypt.co/19191/binances-real-headquarters-are-in-the-cayman-islands

https://cryptobriefing.com/binance-not-licensed-in-malta-says-nations-financial-watchdog/

https://coingeek.com/binance-not-licensed-to-operate-in-malta-regulators-say/

I'm not sure how you missed it :D

While it is not clear whether Binance currently has any offices in Malta, it reportedly has had. “We have offices in Malta for customer services, and some compliance people there, but it’s not the headquarters per say. It’s the spiritual headquarters,” Ted Lin, Binance’s chief growth officer told Decrypt in a previous interview. “It’s a name that people think about when they think about Binance.”

[cmplxty]

Ah yes that’s a good point. I may have remembered that at one time but it was a while since I used it so I think I forgot. I wouldn’t turn that type of feature off, that’s a bit of security to prevent brute force.