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Contact Us Privacy Policy. AppleInsider is supported by its audience and may earn commission as an Amazon Associate and affiliate partner on qualifying purchases. These affiliate partnerships do not influence our editorial content. The Arculus card is a new cryptocurrency cold wallet for your iPhone that secures your private keys.
It does its job well but reeks of as-of-yet unfulfilled potential. The news is ripe with stories of novice users getting their crypto investments swindled away through inexperience or downright fraud. A cold storage wallet won't prevent all forms of cryptocurrency theft, but it can help with some of it.
In reviewing the Arculus card, we aren't advocating for investing in cryptocurrency by any means, but we are supporting proper security for anything you do in the digital world. Whether that is using two-factor authentication for your online accounts, using a Yubikey for physical security, or cold storage for your crypto wallet. Arculus is a cold storage crypto wallet, meaning it's not connected to the internet or any device.
Anyone who wants access to the cryptocurrency tied to your Arculus wallet will need your physical card. The card is stainless steel on the front with the Arculus logo printed on it, and is the same size and shape as a typical credit card or ID. The reverse is plastic, allowing for the NFC signal to pass through when placed near your phone. As slim as a credit card, you can store it at home, in your wallet, or anywhere that's safe.
Where you keep the card will probably depend on how often you intend on accessing your crypto. The card looks neat, following the trend of high-end credit cards made of metal. At its price point, we'd expect a premium-looking card. First-time users get prompted to create their accounts when opening the Arculus app.
This involves writing down a lengthy twelve-phrase security code. The words can't even be copied, pushing users towards storing this phrase outside their phone like in a home safe. You'll also have to pair your Arculus card, which is done through NFC. There's an indicator on the rear of the card, but an in-app animation makes it abundantly clear where to tap. Apple's stock NFC modal will appear from the bottom and show your progress as you write your information to the card.
This is a little fickle as you can't move the card while scanning, and we failed twice during our setup before just placing it on the table. Currently, investors of the wildly popular and controversial NFTs can't use this for storage. At the moment, NFTs aren't supported in the app, but Arculus says it is on their roadmap and will be coming soon.
If you should ever lose your phone or card, there's no reason to fret. If someone else has one or both of these devices, there is still no way they can access your funds without your biometric authentication. Sans Arculus card, you can order a replacement card and go through the recovery process in-app. It will ask you to tap your new card and enter your word security phrase. Similarly, if you lose your phone, you go through the recovery process of tapping the card to your new phone and putting in your security phrase.
This multi-factor authentication always gives you a way to recover your account while offering plenty of security. Just don't lose that security phrase.
You'll land on your wallet with your current balance displayed in the top-left corner, above a list of all the crypto you're currently tracking.
You can see the current market price for each cryptocurrency, how much you own of that currency, and what it is worth in dollars. Each of these can be toggled in settings. This is not the most exhaustive list of currencies, and it can be limiting depending on what crypto you're invested in. You can add funds to Arculus in multiple ways. If you already own the cryptocurrency, you can transfer it to your Arculus wallet.
You can also receive it from anyone who is sending it to you. If it is a currency you're bullish on and looking to purchase, you can buy it within the Arculus app. Arculus has partnered with Simplex to facilitate purchases without kicking you out into an external browser. Simplex is very easy to use and even lets you pay via Apple Pay. It isn't necessarily the cheapest way to buy cryptocurrency, but it is very straightforward and clear about any purchases you make.
If you're into crypto, Arculus is one of many cold storage options on the market. It's coming to market with a flashy metal card, a dark, brooding website, the promise of security for your digital assets. The hardware is solid, but the software has much left to add. This includes NFT support, support for additional currencies, and being used as an authentication key. You're welcome to buy Arculus now, and it does deliver on what it promises.
The app is sleek and effective, it's easy to transfer crypto to and from your wallet, and it is certainly safer than not having a cold storage wallet. Apple has updated its regional website in China for the Chinese New Year, promoting gifts such as limited-edition AirPods Pro and its Shot on iPhone short film before festivities begin on February 1.
Apple is opening up a number of its Apple Stores in the UK to walk-in customers, by dropping a requirement to attend a session with a reservation. The U. Federal Trade Commission and Justice Department want to update merger rules that will affect Apple and other tech giants, in a joint effort to prevent illegal or anticompetitive acquisitions or mergers from taking place.
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Here's how it compares to Apple's Intel-based Mac Pro tower, and why folks that rely on that machine may need to consider the laptop as a viable upgrade. Apple urges lawmakers to reject bill that would force it to allow side-loading.
Facebook rebuilding ad platform due to App Tracking Transparency, data laws. Apple's board recommends voting against all shareholder proposals. Apple Watch Series 7 has a fast charging problem. How AppleInsider staff continue to work from home, two years later. One of the few new features that arrived with the Apple Watch Series 7 was faster charging. In the months since launch, it's clear that the Apple Watch Series 7 charges significantly quicker — when you can find a fast charger combo that works.
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New benchmark tests confirm that the Alder Lake Core i9 processor features significant performance gains compared to its predecessor, but the flagship Intel chip is still not going to unseat the M1 Max as an overall package.
Woolnut's new line of water-resistant iPad Pro covers ditch the leather to help protect your Apple tablet while also looking great. Earthworks Audio has built two quality products that compete with the most popular USB and broadcast microphones on the market. Toggle navigation. AAPL: A physical card for your digital currency. A middling app experience. With your account configured, you're able to buy crypto, store your crypto, and pay with crypto. In case of loss or theft. Bring your own crypto.
Plus, the currency is then available right away in your Arculus wallet. Should you buy the Arculus card? Plus, unlike many others, it doesn't need to be charged to be functional. NFC support is great and easy to use Great looking app Secure, three factor authentication Quick crypto buying with Apple Pay via Simplex Track crypto prices on your customizable dashboard. No NFT support Lots of promise, bare bones features. Rating: 2.
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Apple urges lawmakers to reject bill that would force it to allow side-loading Apple is urging top Senate lawmakers to reject a new piece of antitrust legislation that would force it to allow iOS users to download apps from outside of the App Store. By Mike Peterson 9 hours ago. Facebook rebuilding ad platform due to App Tracking Transparency, data laws 10 hours ago. Facebook rebuilding ad platform due to App Tracking Transparency, data laws Meta will rebuild Facebook's ad infrastructure to ensure it can still deliver "high-quality personalized ads" after the implementation of new data regulations and Apple privacy features.
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Arculus review: A crypto cold storage wallet with promise
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