![]() In a blog post on September 22, Robinhood said that with its new crypto wallets, it aims to make the otherwise “seemingly unwelcoming” crypto space more accessible for more people at an affordable cost. Amid rising cases of crypto-theft, it is deemed essential by wallet players that they ensure the safety of crypto assets that people store, and protect them from hacks and other cyberattacks. Trying to establish its upcoming crypto wallets as “cyber safe,” Robinhood claims to have built security features around identity verification and authentication. These digital wallets allow people to send, receive, and store cryptocurrencies. Robinhood announced that it is indeed going to test crypto wallets starting October.
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