Block Revamps Bitcoin Ecosystem With Bitkey Wallet, Cash App Features, And Proof Of Reserves

Block (NYSE: XYZ) introduced a series of bitcoin-focused products and features aimed at strengthening its position across custody, payments, and financial infrastructure. The announcements include a new Bitkey hardware wallet with a built-in screen, expanded bitcoin earning tools within Cash App, a Proof of Reserves system, and a forthcoming Square tap-to-pay experience for bitcoin transactions.

The updated Bitkey hardware wallet marks a shift in how users interact with self-custody. The device has a secure touchscreen that serves as the verification layer for transactions and security settings.

Block said via a note shared with Bitcoin Magazine that they designed the interface…

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