logo logo

Where Web 2.0 social media meets Web 3.0. On Lit.it watch viral videos & earn points for watching & sharing videos or inviting people.

The Lit.it

Lit.it Telegram

Join the lit.it community and get current news and the official launch time.

Join Now
CryptoLit.it

Block Delivers: Bitkey Bitcoin Wallets Arrive

Buckle up, crypto enthusiasts! Block, the company spearheaded by the visionary Jack Dorsey, has officially begun shipping its highly anticipated Bitkey Bitcoin wallets. This isn’t your run-of-the-mill digital wallet; Bitkey empowers you to take control of your financial future by placing the keys to your Bitcoin directly in your hands. The Inside Scoop on Bitkey […]

Share on:

Buckle up, crypto enthusiasts! Block, the company spearheaded by the visionary Jack Dorsey, has officially begun shipping its highly anticipated Bitkey Bitcoin wallets. This isn’t your run-of-the-mill digital wallet; Bitkey empowers you to take control of your financial future by placing the keys to your Bitcoin directly in your hands.

The Inside Scoop on Bitkey

Block first introduced Bitkey for pre-order in December of last year. After a meticulous beta testing phase, the wait is finally over, and these sleek wallets are ready to be delivered to eager customers. But the excitement doesn’t stop there! Bitkey seamlessly integrates with Cash App, Block’s ubiquitous payment platform. This integration allows you to effortlessly buy and sell Bitcoin directly within the Bitkey app, streamlining your cryptocurrency transactions.

Security First: Keeping Your Bitcoin Safe

In the realm of cryptocurrency, security reigns supreme. Bitkey understands this critical principle and implements a robust three-pronged security approach to safeguard your valuable Bitcoin. The first line of defense is the hardware device itself, designed with user safety in mind. The second layer of security comes in the form of a user-friendly mobile app that seamlessly complements the hardware device.

But what happens if you misplace your phone or hardware device? Fear not, for Bitkey has your back! This innovative wallet boasts a comprehensive set of recovery tools, ensuring you can regain access to your funds even in unforeseen circumstances. Let’s say the unthinkable happens, and your phone or hardware device goes missing. With Bitkey’s ingenious “Trusted Contacts” feature, you can designate reliable individuals to verify your recovery request.

CoinDesk: Your Trusted Source for All Things Crypto

Speaking of trust, when it comes to navigating the ever-evolving cryptocurrency landscape, having access to reliable information is paramount. CoinDesk stands out as a beacon of journalistic integrity, consistently delivering accurate and insightful crypto news. Their team of seasoned journalists adheres to rigorous editorial standards, ensuring you can make informed decisions about your digital assets.

While CoinDesk became part of the Bullish Group in November 2023, this integration doesn’t compromise their journalistic independence. The Bullish Group, which also owns the Bullish digital assets exchange, is majority-owned by Block.one, a company with a vested interest in the future of blockchain technology and digital assets, much like CoinDesk itself.

So, how does CoinDesk maintain its journalists’ objectivity? A dedicated editorial committee acts as a guardian of journalistic independence. To further bolster neutrality, CoinDesk offers stock options in the Bullish Group to its employees, including its journalists. This unique approach ensures that everyone benefits from CoinDesk’s success, while simultaneously preventing journalists’ financial stake in the company from swaying their editorial judgment.

Dive Deeper into the World of Crypto

Intrigued by the world of cryptocurrency and eager to learn more? CoinDesk offers a treasure trove of informative articles and resources to quench your thirst for knowledge. For those seeking an immersive crypto experience, CoinDesk also hosts Consensus, a one-of-a-kind event that serves as a central hub for everything crypto, blockchain, and Web3. Whether you’re a seasoned crypto aficionado or a curious newcomer, CoinDesk provides the perfect entry point to explore the exciting world of digital currency.

avatar

Experienced Developer with a demonstrated history of working in the computer software industry.

Kamala Harris Goes All In: Crypto and Cannabis

Kamala Harris, Vice President and 2024 presidential candidate, has unveiled an ambitious campaign platform focusing on economic empowerment, federal cannabis legalization, and pro-crypto policies. With this strategy, Harris aims to woo Black entrepreneurs and emerging industries, reshaping perceptions about her stance on innovation and regulation. This “Economy of Opportunities” agenda reflects both political calculation and […]

Is Len Sassaman the Real Satoshi Nakamoto?
8.5

Is Len Sassaman the Real Satoshi Nakamoto?

Cryptocurrency enthusiasts are buzzing about a possible revelation—could Len Sassaman be the elusive Bitcoin creator, Satoshi Nakamoto? Recent events have sparked a new wave of speculation, with Sassaman’s name gaining attention in a prediction market. Let’s dive into the twists and turns of this latest crypto mystery. The Sassaman-Satoshi Connection: What’s the Deal? Len Sassaman, […]

Miami Crypto King: Alleged Mastermind Behind $230 Million Scam

In the vibrant city of Miami, a drama unfolded that left many scratching their heads and checking their wallets. A local man has found himself at the center of a whirlwind scandal, accused of orchestrating a staggering $230 million cryptocurrency scam. But how did it come to this? Let’s peel back the layers and uncover […]