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1inch's hardware wallet is undergoing its final stages of development and testing before being released for sale later this year. The hardware wallet will be a physical device that claims to offer a secure way to store users' private keys offline, and comes alongside 1inch's existing web-based wallet.
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The move shows the project's efforts to diversify its business. The 1inch team noted: “As the 1inch Network is eager to expand its ecosystem of products and projects, here comes the 1inch hardware wallet, a cutting-edge solution for cold crypto storage."
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