Elimination of Seed Words with Amazon Hardware Security Modules in New Wallet

1. Kresus has launched a new crypto wallet that requires users to sign in with “magic links,” eliminating the need to store password hashes.

2. Magic links are unique URLs that are sent to the user’s email address and expire after a certain amount of time.

3. This new login method provides added security for users, as passwords are not stored on Kresus’ servers.

In today’s world, where cyber threats are becoming increasingly sophisticated, security is of utmost importance. Kresus, a company that provides financial management tools, has launched a new crypto wallet that aims to enhance security by eliminating the need to store password hashes.

The new login method requires users to sign in with “magic links,” which are unique URLs that are sent to the user’s email address and expire after a certain amount of time. This means that passwords are not stored on Kresus’ servers, providing added security for users.

The use of magic links is becoming increasingly popular in the tech industry as a way to enhance security. It eliminates the need for users to remember complex passwords and reduces the risk of password theft.

Kresus’ new crypto wallet is a welcome addition to the market, providing users with a secure and convenient way to manage their digital assets. As cyber threats continue to evolve, it is important for companies to stay ahead of the curve and provide innovative solutions to protect their customers’ data.

In conclusion, the launch of Kresus’ new crypto wallet with magic link login is a step in the right direction for enhancing security in the digital asset management space. With the use of unique URLs instead of password hashes, users can rest assured that their data is safe and secure.