DeFi crypto wallet aims to decentralize inheritance of crypto and NFTs

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

United States Headlines News

United States Latest News,United States Headlines

A potential solution for inheritance concerns? Crypto software provider KIROBO5 is moving to tackle a void in the DeFi industry by providing crypto investors with an opportunity to pass private keys or transfer funds according to their last will.

The concept of cryptocurrency inheritance continues to rapidly evolve as the decentralized finance industry spawns more ways to make a “crypto will.”

The firm announced on Tuesday the launch of an inheritance feature on its decentralized crypto wallet Liquid Vault, allowing users to designate crypto wallets to inherit their funds.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

DeFi isn’t dead, it just needs to fix these 3 critical problemsSomething is wrong with DeFi, and it won’t be fixed until projects focus more on improving usability, security and self-regulation. Guys rate my nude photos) Let's Chaingefinance with real DeFi products 🪩
Source: Cointelegraph - 🏆 562. / 51 Read more »

Prada becomes the latest fashion brand to launch NFTsLuxury fashion brand Prada is launching NFTs, available for free to those who purchase items from its Timecapsule initiative. Selling overpriced clothes leads to selling overpriced jpegs NFTs as a gift to some physical product is actually pretty cool.
Source: TheBlock__ - 🏆 464. / 53 Read more »

Cardano price potential grows with the launch of Ethereum bridge, ghost transactions, and millions of NFTsCardano likely to slow down and pull back to the $0.516 support level after a 55% rally. A bounce around the aforementioned level could trigger another 52% uptrend. A four-hour candlestick close below $0.471 will invalidate the bullish thesis for $ADA
Source: FXStreetNews - 🏆 14. / 72 Read more »

Founder of largest decentralized derivatives exchange believes DeFi may soon see millions in new usersIn this episode of The Scoop, Antonio Juliano explains how dYdX v4 completely decentralizes the derivative platform's governance, and why Juliano believes recent 'custodial DeFi' improvements will bring in millions of new users to the DeFi space. Aren’t there only like 1-3k weekly users? Dydx may be best positioned but it will be tough. The true revolution will come when Fiat ramps lose meaning. The gate keepers are on borrowed time
Source: TheBlock__ - 🏆 464. / 53 Read more »

A $90 million DeFi exploit on Terra went unnoticed for seven monthsA security bug allowed a hacker to drain about $90 million from Mirror Protocol on the old Terra blockchain. I bet I know who is responsible Did you ever report on this exploit? SAFU funds have not been paid to the victims.
Source: TheBlock__ - 🏆 464. / 53 Read more »