Odaily Planet Daily reported that Sygnum Bank announced that it has become the first bank to support Web3 wallet recovery! 🎉Even if users lose their signing keys, they can regain access to their cryptocurrencies. This groundbreaking feature is due to Sygnum's cooperation with multi-signature wallet provider Safe. Sygnum is now designated as a "restorer" and users can approve Sygnum for Web3 recovery to re-enable it when they lose access to their wallets. 🔑💼
This move undoubtedly provides more security for cryptocurrency users and makes us more confident in the future of Bitcoin! 🚀