Block Manager Sees Self-Custody as Future of Crypto Post-FTX

In order to move funds with the wallet, the user decides when they want to use just their phone with the app or their phone and the hardware together to move money. Without the two, Guise said, “Block can’t move their money for them.” The third key, which is held by Block in its “cloud recovery services,” is available for users who lose their phone or wallet, he said.