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Block, the Bitcoin company co-founded and helmed by Jack Dorsey, has implemented a new feature that solves one of the biggest problems in the crypto space: inheritance. While fiat systems are usually identity-based, allowing for the transfer of assets to next of kin in case of death, bitcoin is different. Crypto is based on data access, where a private key is what allows funds to be moved without third parties. This means that if access to this key is lost with the death of its owner, funds risk being lost forever. Block’s system, which was first announced back in November and works in tandem with its in-house developed Bitkey hardware wallet, seeks to solve this issue by linking a wallet to another private key. This will allow for the transfer of funds six months after the user’s death. Jason Karsh, Bitkey’s head of business, highlighted that the need for this kind of solution in the crypto space would only grow in the future. He stated: A lot of people have significant amounts of bitcoin at this point, or appreciating bitcoin, that’s sitting in a place where it’s not going to get to their loved one. Karsh stated that this was a solution for a multibillion-dollar problem waiting to happen, allowing family or loved ones to reclaim the funds after the user’s demise. He also differentiated Block’s system, which doesn’t involve third parties, with more elaborate schemes, that might require extensive documentation from the people involved. Hardware wallets are but one of Block’s growth areas. The company is also working to produce its mining chips, which might be vertically integrated with another of Block’s envisioned businesses: bitcoin mining infrastructure. Read more: Jack Dorsey’s Block Targets Chip Advancement With 3nm Bitcoin ASIC Mining Rig Read more: Jack Dorsey’s Block Bets Big on Bitcoin Mining 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Wrench attacks are rising in the cryptocurrency space. Local reports state that a Chinese national was found dead in a luxury hotel in Jeju City, South Korea. The individual who was found dead was allegedly trading crypto while this happened. The man, identified by Korean media as Mr. E, was found in his hotel room on February 24th with multiple stab wounds. Before this, an acquaintance reported that he could not contact the man, who went to the hotel to trade cryptocurrency. Local authorities are currently investigating the case, and have already arrested four Chinese nationals that are suspected to have organized the crime. One of the perpetrators surrendered and others were arrested at other locations, including an airport and a hotel casino. Reports indicated that besides murdering the trader, the assassin also ran away with nearly $59,000 belonging to the victim. However, it is still unclear if these funds were stolen in crypto or fiat. No more details were shared by the local press as the local Jeju City police are currently investigating the details of the crime and the possible chain of events that led to the death of the victim. This kind of crime linked to crypto, where attackers use violence or coercion, has been on the rise lately, with experts claiming this will become more common as crypto gets mainstream. Another crime involving a kidnap and a crypto ransom was revealed this month when unsealed court records indicated that a family of four paid $15 million to be released in Chicago. Read more: Grand Theft Crypto: Family Kidnapped for $15 Million Ransom in Chicago Not even executives of crypto companies seem to be safe from these incidents. In January, Ledger co-founder David Balland was rescued after a two-day manhunt. Reports indicate the executive lost a finger that was sent along with a ransom note. Read more: Ledger Co-Founder Kidnapped and Released After Intense Rescue Mission 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Sweat Economy, a Web3 platform with 20 million mobile users incentivizing physical activity, has announced at EthDenver the launch of its new artificial intelligence-powered personal agents in its Sweat Wallet app. The initiative was developed in partnership with NEAR.AI, NEAR Protocol’s (NEAR) AI unit. This new large-scale AI deployment is powered by 700,000 queries from $SWEAT token holders and represents a milestone for consumer crypto by introducing personalized assistance to individual users. You might also like: Theta Labs and FlyQuest launch AI esports chatbot Bringing AI-powered assistance to millions With over 19 million $SWEAT token holders and 3 million monthly active users, Sweat Wallet is the first major consumer crypto app to integrate AI agents at scale. These AI-powered assistants will help users with staking, trading, movement incentives, and navigating the Web3 space with ease. “AI Agents will make Sweat Wallet the smartest omnichain Consumer Crypto app in the world, removing complexity and helping users become both healthier and wealthier,” said Oleg Fomenko, Co-Founder and CEO of Sweat Economy. “The large-scale deployment of AI Agents to millions of mobile SWEAT users marks the beginning of a trillion-agent future, where AI enhances human intelligence and transforms how users interact with crypto.” Unlike traditional AI-powered chatbots, SWEAT’s AI Agents directly connect to NEAR’s blockchain, allowing for real-time, on-chain personalized assistance. The system is designed for continuous upgrades, ensuring users receive evolving AI-powered support. Enhancing the Web3 experience with AI The Sweat Wallet AI agents will learn from individual user behavior, enhancing the Web3 experience by lowering entry barriers and providing AI-driven movement incentives. The personalized approach aims to boost engagement and retention, making Web3 as seamless as Web2. Following the launch, Sweat Wallet will roll out a plug-in with four new AI-powered modules: Health – Tracks and incentivizes physical activity. News – Provides curated updates on Web3 and crypto. Token Trends – Monitors $SWEAT and other token movements. Security – Enhances user protection and transaction safety.

As Cryptocurrency Exchange Traded Funds (ETFs) solidify their position in the broader market, market players await new rollouts. Following the successful integration of Bitcoin—and Ethereum-based ETFs in 2024, community members have heightened their anticipation for a Cardano-based ETF poised to strengthen ADA’s price. A new development from the U.S. Securities and Exchange Commission fuels this bullish outlook. The regulatory body has officially recognized a Cardano-based Exchange-Traded Fund (ETF) filled by leading investment firm Grayscale. The SEC’s acknowledgment of Grayscale’s ETF puts its application ahead of competitors and further demonstrates the regulator’s interest in accommodating altcoin-based ETFs. Notably, the American digital asset management firm Grayscale, with $50 billion worth of assets under management, has advocated for digital asset-based ETPs. ETFs are especially useful for traditional investors seeking to expand their portfolios without wanting to enter the volatile cryptocurrency space directly. Over the years, key figures in the conventional finance space have increased their cryptocurrency holdings through ETFs. After successfully launching a Bitcoin Spot ETF in January 2024, the investment firm has continued to expand its reach. Alongside its Cardano ETF filing, Grayscale has launched several altcoin-based ETFs, centering on altcoins like Dogecoin and Polkadot. Like Bitcoin (BTC) and Ethereum (ETH), Cardano’s ADA could greatly benefit from the long-term integration of a Cardano-based ETF. Notably, BTC recorded a massive jump in its price value following the inception of several new Bitcoin-based ETFs in the first quarter of the previous year. At report time, Cardano (ADA) faces renewed selling pressure as the global cryptocurrency market bleeds. The asset moved from $0.82 to $0.73 to consolidate at $0.63. At press time, ADA trades at $0.65.

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