Crypto

Jack Dorsey’s Square to Invest More on Bitcoin Mining, Self-Custody Wallet and Wind Down ‘Web5’ Unit TBD

Square is ramping up efforts on its self-custody wallet, Bitkey, which it began shipping in March. Bitkey not only offers standard wallet features but also seamlessly integrates with Block’s payments platform Cash App and popular crypto exchange Coinbase (COIN) for easy buying and selling of Bitcoin.

With an emphasis on empowering users to have full control over their digital assets, Square’s Bitkey aims to provide a secure and user-friendly experience for cryptocurrency enthusiasts. The wallet’s integration with Cash App and Coinbase adds convenience for those looking to easily manage their Bitcoin holdings.

As Square continues to prioritize self-custody solutions for its users, Bitkey represents a significant step towards offering a comprehensive suite of tools for managing and transacting in the digital asset space. With the growing interest in cryptocurrencies, having a secure and accessible wallet like Bitkey can help users navigate the evolving landscape with confidence.

Carmen Brooke Martin

Finance Analyst Hello, my name is Carmen Brooke Martin and I am an expert finance journalist with a master's degree from New York University in Business and Economics. I'm passionate about helping startups spread the word, discover and promote great projects in the crypto and fintech industry. What I am working on is to provide basic cryptocurrency education and benefits to the crypto community through video tutorials and written content. As a business developer, I help crypto projects structure and create a whitepaper that can stir investors' interest, advice on marketing strategies and promotions.

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