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bitkey

Jack Dorsey’s Block Inc Furthers Bitcoin Foray With New Hardware Wallet Called Bitkey

 Block Inc. is offering a new hardware Bitcoin wallet as crypto advocate Jack Dorsey focuses the payments company formerly known as Square more on security and self-governance for the digital-asset sector.  Called Bitkey, the wallet allows users to self-custody the cryptocurrency on a hardware device that resembles a USB thumb drive. While similar products have been available for a while, the majority of crypto assets are still held on trading platforms.  Dorsey unveiled the San Francisco-based company's efforts to…

How to Store Bitcoin Offline in Cold Storage

Bitcoin's streak of breaking its own record price has been relentless for the past few months, with the cryptocurrency climbing over $14,000 (about Rs. 9 lakh) this week, from having been less than $800 (about Rs. 51,600) this time last year. This unprecedented growth – nearly 10 times its value since the start of 2017 – has brought Bitcoin squarely into mainstream attention.Though the debates over the currency being in a bubble continue to have voices from all directions, what's clear is that those with a big stake with…