Source: Benzinga

Block: Jack Dorsey Says Major Changes Coming To Block's Self-Custody Bitcoin Wallet: What To Expect

Fintech company Block, Inc. (NYSE:XYZ), announced major changes to its self-custody Bitcoin (CRYPTO: BTC) wallet Tuesday, focusing on improved safety, privacy, and usability.What Happened: Co-founder Jack Dorsey took to X to share the upcoming improvements to Bitkey, the cryptocurrency wallet launched in December 2023.The changes include providing stronger and more convenient transaction verification, the ability to reset a fingerprint after a security delay, and a new tab on the Bitkey mobile app called Bitkey Security Hub.In terms of privacy, Block introduced the private wallet balances feature, which limits visibility into users' balances and transactions. Additionally, there will be the option of not revealing one's home or billing address when purchasing a Bitkey gadget and picking it up in person.transaction verification, fingerprint reset, private ...Full story available on Benzinga.com

Read full article »
Annual Revenue
$10-50B
Employees
10-50K
Jack Dorsey's photo - Chairman & CEO of Block

Chairman & CEO

Jack Dorsey

CEO Approval Rating

82/100

Read more