Investment
Features
FeesSafety
Academy
More
Pluang+

David Schwartz proposes a Bitcoin inheritance method splitting wallet devices and PINs among trusted parties.

Protocol Fundamentals
03 Aug 2026
Crypto news
View Source
Neutral
pluang ai news

David Schwartz, co-creator of XRP Ledger and Ripple board member, suggested a Bitcoin inheritance setup where two duplicate hardware wallets share the same recovery phrase and PIN, but access is split between relatives holding the devices and friends holding the PINs. This method aims to secure Bitcoin access after death without using multisignature wallets, which require separate keys. The proposal follows security concerns after a Coldcard firmware flaw exposed some wallets to theft. While the setup offers a practical inheritance approach, it depends on trust and coordination among parties and does not guarantee security like multisignature systems. Legal and procedural steps remain essential for effective inheritance planning.

More News (XRP)

Bitcoin rebounds above $63,800 amid strong US manufacturing data and oil price drop.

Bitcoin rebounds above $63,800 amid strong US manufacturing data and oil price drop.

Bitcoin rose above $63,800 following the strongest US ISM Manufacturing PMI in over four years, signaling economic expansion without immediate inflation pressure. Oil prices fell sharply after the US called off strikes on Iran, easing geopolitical te...

Market News
Bullish
4 hours ago
XRP holders can now borrow RLUSD stablecoin on Ethereum without selling their XRP.

XRP holders can now borrow RLUSD stablecoin on Ethereum without selling their XRP.

XRP holders can borrow Ripple's RLUSD stablecoin on the Ethereum network by using their XRP as collateral, allowing them to access liquidity without selling their crypto assets. This borrowing mechanism locks the XRP in a lending vault while providin...

Protocol Fundamentals
Bullish
4 hours ago
XRP holders can now borrow Ripple's stablecoin RLUSD using FXRP as collateral on Ethereum.

XRP holders can now borrow Ripple's stablecoin RLUSD using FXRP as collateral on Ethereum.

Flare Network's FXRP token is now approved as collateral in Sentora's $280M RLUSD lending vault on Ethereum, allowing XRP holders to borrow Ripple's stablecoin without selling their XRP. FXRP tokens, backed 1:1 by XRP, can be bridged to Ethereum and ...

Protocol Fundamentals
Bullish
4 hours ago
Mastercard completes $1.8B BVNK acquisition to link traditional finance with blockchain payments.

Mastercard completes $1.8B BVNK acquisition to link traditional finance with blockchain payments.

Mastercard has finalized its $1.8 billion acquisition of BVNK, a Ripple partner, to enhance the integration of traditional finance and blockchain-based payments. This move aims to create a seamless financial ecosystem where fiat currencies, stablecoi...

Market News
Bullish
4 hours ago
Cryptocurrency prices show mixed movements with Bitcoin near $64K and notable gains in altcoins like ATOM and ALGO.

Cryptocurrency prices show mixed movements with Bitcoin near $64K and notable gains in altcoins like ATOM and ALGO.

Cryptocurrency prices are fluctuating with Bitcoin trading around $63,832, showing a slight increase of 0.92%. Ethereum and other major coins like BNB and SOL have minor changes, while some altcoins such as ATOM (up 7.12%) and ALGO (up 5.59%) experie...

Protocol Fundamentals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App