Sygnum Becomes First Bank To Support Web3 Wallet Recovery

According to Odaily, Sygnum has announced that it is the first bank to support Web3 wallet recovery, allowing users to access their cryptocurrencies even if they lose their signature keys. The team stated, 'Through a partnership with multi-signature wallet provider Safe, Sygnum now acts as a designated 'recoverer,' enabling users to approve Sygnum Web3 recovery to regain access in case of wallet loss.'