Kresus, a new crypto wallet available on Apple's App Store, has introduced a Web2 feature that eliminates the need for seed phrases or passwords. The wallet stores users' private keys in an Amazon Web Services Hardware Security Module and uses "magic links" and 2FA to authenticate users. Unlike other crypto wallets, Kresus does not require users to write down a recovery phrase or "seed words" when setting up an account. The app also allows users to register for a free .kresus domain name through Unstoppable Domains to send crypto to others.