It appears financial services giant Block is closer to going public with its first Bitcoin hardware wallet product.
Teased yesterday by a beta tester, the images offer a first glimpse of Block’s new Bitcoin hardware wallet, first announced in 2022, and reveal a small hexagon-shaped device complete with a fingerprint censor, which adds an extra layer of biometric security to the device.
The unveiling comes on the heels of several hints and teasers from Block, the financial services company co-founded by Twitter CEO Jack Dorsey.
Block’s entry into the hardware wallet market comes at a time when Bitcoin security and self-custody is of paramount importance, as evidenced by the ongoing trial of disgraced former FTX CEO Sam Bankman-Fried.
Bankman-Fried’s mismanagement of the exchange contributed to the loss of billions worth of customer crypto, funds that otherwise would have been unaffected had users had control of the private keys for these assets.
In previous reports, Dorsey has hinte
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