Crypto wallets
Bitkey privacy rating
Bitcoin wallet from Block made of a phone app, a hardware key and a Block-run server key in a 2-of-3 multisig setup, with recovery without a seed phrase.
Summary
Bitkey scores 40 out of 100 (grade D) on the crypto wallets criteria. It meets 1 of 4 criteria: open source. It partly meets no ads or data sales. It does not meet no trackers or telemetry and independent audit. It is based in the United States: Five Eyes member; subject to the US CLOUD Act.
Score 40 out of 100. How scoring works
Criteria
-
Yes
Open source Weight 3 of 3
Is all the source code needed to run the product public?
MIT for the app, firmware and server code, published as a copy of the internal repository.
-
No
No trackers or telemetry Weight 3 of 3
Are the website and apps free of third-party trackers, with any analytics anonymous and any telemetry off by default?
Exodus finds Bugsnag in the Android app, and the website loads Google Tag Manager and Amplitude.
-
Partial
No ads or data sales Weight 2 of 3
Is the product funded without advertising, ad targeting or selling user data?
Funded by hardware sales with no ads in the app and no sale of personal information, but website data is shared with advertising platforms to market Bitkey.
-
No
Independent audit Weight 2 of 3
Has an independent security or privacy audit been published within the last three years?
No independent audit is published.