SQ - Jack Dorsey's Block Bitcoin Hardware Wallet BitKey Approach An Official Launch | Benzinga
After sending out indications about Web5 and BitKey in June 2022, Block (NYSE: SQ) is officially launching its self-custody hardware wallet, BitKey.
Benzinga's Future of Digital Assets conference, scheduled for Nov. 14, is poised to be a pivotal gathering for the digital assets community. The event will spotlight the latest trends, innovations, and challenges in the digital asset realm.
What Happened: Global tech company Block will soon release its inaugural Bitcoin (CRYPTO: BTC) hardware wallet, BitKey, publicly.
The goal is to provide additional layers of security and eliminating intermediary roles are the highlights of the product.
The news was announced via X. Many beta users highlighted the image of the wallet, which is like a compact hexagon. The device with a stone-like exterior also adds a fingerprint sensor increasing the layers of bitcoin security to the device. The launch comes amid the overall crypto industry facing security and governance issues.