As crypto exchange outflows near all-time highs, hardware wallet provider Trezor saw its sales revenue surging 300% week-on-week.
Amid growing concerns over centralized cryptocurrency exchanges in the wake of the FTX crisis, investors are increasingly moving to hardware crypto wallets.
Trezor saw its sales revenue surge 300% week-on-week and it’s still growing, Tetek reported, adding that the current sales are higher than a year ago whenat $68,000. Trezor has also recorded a significant spike in its website traffic, which increased 350% over the same period, the exec noted. Trezor expects further growth in new users in the near future as the failure of middlemen in crypto would only continue to unfold, Tetek suggested, stating:
According to the executive, Trezor is able to satisfy current levels of demand in the short to medium term. “Even if sales continue at this elevated rate, we are confident there would be a limited impact on our stock in the longer term, as we were already planning for an uptick in sales,” Tetek said. He also noted that Trezor doesn’t plan to increase the prices for its hardware wallets in line with its vision to make “self-custody accessible to all.
México Últimas Noticias, México Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
FTX Founder Secretly Moved Funds Through Backdoor: FTX InsiderFTX insider has reportedly stated that recent FTX 'hack' was illegal withdrawal of funds from FTX to Alameda Research
Leer más »
FTX fallout, Walmart earnings, retail sales and inflation data top week aheadInvestors are monitoring the FTX fallout as well as a corporate earnings from Walmart and other big retailers and key economic reports on retail sales and producer prices.
Leer más »
Evolution of the tree roots may have caused mass extinction 300 million years agoThe emergence of tree roots may have set off a sequence of major extinctions.
Leer más »
FTX Implosion TL;DR and Why Proof of Reserves is NOT the Solution We Need | HackerNoonYou're reading this because the FTX implosion cascade sent every crypto-influencer into an engagement farming overdrive - 'Get Your Crypto off Exchanges - crypto cryptocurrency
Leer más »
Another Crypto Exchange Halts Withdrawals on Heels of FTX Collapse: DetailsHong Kong-based crypto exchange suspends withdrawals days after FTX token listing Crypto FTT
Leer más »