نویسنده: AliBina

  • Unitronix Adds Bitcoin to Treasury in Strategic Crypto Shift

    Unitronix Adds Bitcoin to Treasury in Strategic Crypto Shift


    • Unitronix adds Bitcoin to treasury, advancing its digital asset strategy.
    • Company plans $2M Bitcoin allocation to boost financial flexibility.
    • Expanding crypto portfolio includes Ethereum, stablecoins, and DeFi tokens.

    Unitronix Corp. has recently taken a significant step to expand its presence in the digital asset space. The company that specializes in blockchain technology, real-world asset (RWA) tokenization and crypto asset management revealed that it has updated its company strategy of its investor. This development involves acquiring Bitcoin for its treasury.

    Unitronix to Allocate $2M to Bitcoin

    This step is an indication of a larger direction in the company. Unitronix began as a digital asset portfolio management firm, but is now involved in the new technology of cryptocurrency investment with conventional treasury management strategies. The choice shows the increasing tendency of tech-related companies to use Bitcoin both as a store of value and financial development tool.

    The rationale of this change lies in the fact that Bitcoin may be used in two major ways. On the one hand, it will provide a strong core treasury reserve that will help in the consolidation of the finances of the business. Second, it will serve as a major asset in the crypto investment tentative of the firm. With this, Unitronix anticipates to control more of the liquidity, ensure protection against the depreciating value of fiat currencies, and follow the long-term capital gains.

    With this strategy, the company intends to allocate a preliminary amount of up to 2 million Dollars into Bitcoin. The takeover is projected to be realized in the near future. After the initial investment, Unitronix may buy more Bitcoin depending on market performance and available funds. Additionally, the company is exploring decentralized finance (DeFi) options. These options could help Unitronix generate income. At the same time, it plans to protect its core capital through careful financial planning.

    Unitronix Highlights Growing Corporate Interest in Bitcoin

    This accompanies the fact that the firm is still expanding its crypto portfolio. Up to now, it contains a combination of Ethereum, stablecoins, and DeFi tokens. The introduction of Bitcoin, however, is another indicator of long-term dedication to digital assets, which the company is committed to. This dedication was initially exercised when the company made its soft launch at the end of 2024, recording an exceeded 300% in gains realized.

    As part of its broader financial management, Unitronix has also undertaken a stock buyback program. By January 2025, the company had repurchased its amount of outstanding shares by 165 million. This move is an indication that the management has long-term prospects of its changing strategy and a desire to strengthen the investor confidence.

    Furthermore, Unitronix adopts a strategy that balances innovation with caution. By integrating Bitcoin into both its treasury and investment operations, the company enhances its adaptability. As a result, Unitronix positions itself to remain secure and responsive in today’s rapidly evolving financial landscape. Its main objective is to deliver sustained value to the shareholders and be at the forefront of the digital economy.

    According to the observers, this is an indication of an increasing interest in digital currencies by progressive companies. As other companies continue researching how to employ the crypto asset, and Bitcoin in particular, the move by Unitronix could affect other practices.

    Ultimately, Unitronix uses Bitcoin in its financial activities, demonstrating a significant shift in the attitude of businesses to digital currencies. In such a way, this tactic is helping this company not only redefine its future but also the overall use of decentralized financial instruments.



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  • Bybit Pay Now Lets Filipinos Use Crypto with QR Ph Payments

    Bybit Pay Now Lets Filipinos Use Crypto with QR Ph Payments


    Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.

    Crypto enthusiasts from the Philippines and Vietnam can now use Bybit Pay, a crypto payment service by the international cryptocurrency exchange that allows users to shop at supported merchants, including mobile top-ups, using the 16 available cryptocurrencies through QR code payments.

    To celebrate the launch, those who use the feature can earn $BTC cashback airdrops, according to Bybit.

    Photo for the Article - Bybit Pay Now Lets Filipinos Use Crypto with QR Ph Payments

    Bybit Pay Can Now Read QR Ph

    In a statement, Bybit confirmed that the feature is fully integrated with the QR Ph national standard, allowing users to scan QR codes and make payments on the Bybit Pay interface at participating merchants, including those under AEON Pay.

    AEON, a partner in the launch, provides QR payment acceptance across a wide merchant network, especially in urban areas.

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    Aside from its launch in the Philippines with QR Ph integration, Bybit has also rolled out Bybit Pay in Vietnam, supporting the country’s VietQR.

    Earlier this year, in January, the crypto exchange introduced Bybit Card QR Pay in Brazil, integrating with the country’s Pix payment system, which enables real-time transfers and offers lower transaction fees.

    Photo for the Article - Bybit Pay Now Lets Filipinos Use Crypto with QR Ph Payments

    How it Works

    Transactions through Bybit Pay follow a streamlined, QR-based process aligned with the QR Ph standard:

    Step 1: Users scan a merchant’s QR Ph code using the Bybit Pay app.

    Step 2: The app generates a unique payment QR code for the user to approve the crypto transaction.

    Step 3: The merchant scans the approved QR code, completing the payment instantly.

    $BTC Cashback Airdrop

    As part of its Southeast Asia rollout, Bybit also announced that Bybit Pay is offering $BTC cashback airdrops for users in the Philippines and Vietnam who pay using QR Ph or VietQR codes.

    Running until June 30, 2025, at 6:00 p.m., PH time, the promo rewards users who spend at least $5 per day with $1 worth of $BTC per eligible transaction.

    Photo for the Article - Bybit Pay Now Lets Filipinos Use Crypto with QR Ph Payments

    How to Join:

    Step 1: Register for the promo on the Bybit platform.

    Step 2: Open the Bybit app and scan QR Ph (Philippines) or VietQR (Vietnam) codes at participating stores.

    Step 3: Spend at least $5 (or local equivalent) on eligible purchases.

    Step 4: Claim your BTC rewards through the event page.

    The promo applies to daily spending across everyday categories like food, drinks, and fashion, with participating merchants including UNIQLO.

    Transactions are fee-free, with QR payments made through Bybit Pay processed instantly. 

    What is Bybit Pay?

    According to its website, Bybit Pay supports both online and in-store transactions and integrates with national QR code payment systems.

    It also allows users to transfer crypto to other users with zero fees.

    Key features include:

    • QR code-based payments for seamless checkout at retail merchants.
    • Multi-currency support, including $BTC, $ETH, $USDT, and fiat like BRL.
    • Instant payment processing with no transaction fees during promos.
    • Integration with AEON Pay for wide retail coverage.
    • Secure blockchain encryption for private, tamper-proof transactions.
    • Available globally to verified users, except in restricted countries.

    This article is published on BitPinas: Bybit Pay Now Lets Filipinos Use Crypto with QR Ph Payments

    What else is happening in Crypto Philippines and beyond?



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  • Green Minerals Enters Bitcoin Market with $1.2 Billion Strategy

    Green Minerals Enters Bitcoin Market with $1.2 Billion Strategy


    • Green Minerals invests $1.2B in Bitcoin to hedge inflation risks.
    • Company shifts treasury strategy, reducing reliance on unstable fiat currencies.
    • Blockchain to improve transparency, traceability, and mining supply chain efficiency.

    Green Minerals, a company based in Norway, is well known for its work in deep-sea mining and sustainable mineral extraction. Recently, the company made an important announcement. It has adopted a Bitcoin Treasury Strategy. This resolution is the first step for Green Minerals to adopt the concept of blockchain technology on a larger scale.

    Green Minerals Turns to Bitcoin to Escape Inflation Risk

    This move is chiefly caused by the need to save the financial situation of the company. Green Minerals would like to decrease its dependence on the regular currencies. These are the currencies that are influenced by inflation and the instability in the world politics. Investing in Bitcoin, the company wants to be sure that its assets are safe and they will not lose their place in the world where everything can change at any moment.

    Executive Chairman Stale Rodahl clarified the situation at the company. He remarked that we are in an age of monetary inflation. Even more now when conditions are weak, a good balance sheet is important. In his view, Bitcoin is a decentralized system that is not tied to inflation like other currencies, which makes it a good alternative.

    Under this plan, Green Minerals has set a target of raising an amount up to 1.2 billion US dollars. Partners will be involved in realizing this aim. Significant bit of this money will be spent in order to develop the Bitcoin reserves of the company. It is a set strategy. The company is sure that due to Bitcoin it is possible to overcome the risks in the future and be ready to the long-term development.

    Meanwhile, Green Minerals is also paying attention to other applications of blockchain. As an example, the blockchain can enhance transparency in the supply chain. It is also useful to confirm the origin of minerals and enhance the efficiency of operations. This can be useful in terms of the compliance to new regulations as well as with keeping ahead of the rivals.

    Bitcoin Strategy to Support Green Minerals’ Core Projects

    Although the company is moving into digital assets, its main focus remains the same. Green Minerals remains dedicated to its central business in sustainable mineral mining. The Bitcoin Treasury Strategy is meant to endorse, not substitute, these objectives. The company reckons that it can have a good financial foundation for upcoming projects through digital assets. These would comprise investments in equipment and infrastructure required for deep-sea mining.

    Another thing that should be mentioned is that other firms take the same steps. Such as ProCap, which recently increased its position in Bitcoin. Strategy, which used to be called MicroStrategy, and Know Labs and Metaplanet have also added Bitcoin to their balance sheets. All these demonstrate that the global business community is getting more interested in Bitcoin.

    Green Minerals also aims at transparency. The firm desires to handle its ownership of Bitcoin in an open and accountable manner. To this end, it will develop a safe platform for purchasing, storing, and reporting on Bitcoin. A new measurement by the name of Bitcoin per share will also be introduced in the company. This will demonstrate to the shareholders the value of Bitcoin that is attached to the number of shares held by each of them.

    Lastly, Green Minerals makes a brave and progressive move. This company is already looking to the future by investing in Bitcoin and implementing blockchain in its business. This plan is likely to enable Green Minerals to expand and remain safe in a world undergoing changes.

     



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  • #CryptoPH Leaders: PH Must Adopt AI, Builders are Arriving

    #CryptoPH Leaders: PH Must Adopt AI, Builders are Arriving


    Disclaimer: This article is for informational purposes only and does not constitute financial advice. BitPinas has no commercial relationship with any mentioned entity unless otherwise stated.

    Filipino-led blockchain platform Sovrun CEO Renz Chong warned that those who fail to adopt artificial intelligence (AI) risk becoming irrelevant in today’s rapidly changing digital landscape.

    Meanwhile, Bicol-based web3-AI project Sparkpoint CEO Ismael Jerusalem shared that after attending SuperAI Singapore 2025, he believes that the “real builders” of the AI industry are already coming.

    Sovrun CEO: PH Must Adopt AI

    In an X post, Chong emphasized that AI is transforming how economies and industries operate, noting that the impact is already being felt in the Philippines’ business process outsourcing (BPO) industry.

    “We are standing on the brink of yet another tectonic shift, one that will redefine how economies function, how jobs evolve, and how entire societies adapt. But unlike previous waves of innovation, this one is arriving faster, and the signs are impossible to ignore.”

    Renz Chong, Chief Executive Officer, Sovrun

    Chong stressed that the BPO sector, which contributes nearly 8% to the country’s GDP and employs over 1.5 million Filipinos, is now facing challenges as AI begins to automate tasks like call handling, document summarization, and content creation.

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    In 2023, BPO firm Accenture announced a $3 billion investment in artificial intelligence over a three-year period, aiming to drive business transformation, enhance its AI capabilities, and ensure responsible AI adoption. The initiative covers research and development, the establishment of AI centers, talent expansion, and the rollout of tools such as its generative AI platform to support clients in scaling AI across various industries.

    Chong then cited the Harvard Business Review, which stated that, “What gets measured, AI will automate.”

    Despite the challenges, Chong highlighted ongoing efforts to help Filipinos adapt. He pointed to initiatives like Bitskwela, which offers blockchain and AI education in local languages, and the Department of Information and Communications Technology’s digital literacy programs.

    Call to Action

    Accordingly, the Sovrun CEO called for stronger collaboration between the private sector and government, support for AI-focused startups, and updates to the national curriculum to prepare students to build and work with AI.

    “Innovation must not be siloed in Metro Manila. It must reach Visayas, Mindanao, and every corner of the archipelago.”

    Renz Chong, Chief Executive Officer, Sovrun

    In 2022, Chong was among the Filipino founders of local web3 companies who were recognized in Forbes Asia’s 30 Under 30 list.

    SparkPoint CEO: Real AI Builders are Coming

    On the other hand, Jerusalem shared in an X post that the SuperAI Singapore 2025 reflected a strong corporate and investor-driven atmosphere, noting the increasing enterprise interest and serious capital backing in AI.

    The event, which he attended, was held at Marina Bay Sands and brought together leading voices in artificial intelligence and highlighted key trends shaping the industry. He also noted that unlike more mature tech gatherings, the event had few side events.

    “Super AI 2025 felt like the ground floor of a skyscraper being built at light speed. The real builders are just arriving.”

    Ismael Jerusalem, Chief Executive Officer, SparkPoint

    The SparkPoint CEO then concluded that Asia’s AI conference ecosystem is still in its early stages, which presents an opportunity for first-movers and innovators to shape the space moving forward.

    Jerusalem also highlighted the strong presence of Chinese companies at the event, calling attention to China’s rapid innovation in applied AI and infrastructure. He further noted the emergence of confident Chinese women leading business development efforts in AI firms as a noteworthy trend.

    However, consumer and entertainment applications of AI were notably absent.

    Saying that there is “no waifu AI yet,” Jerusalem expressed that the current focus is on B2B solutions, productivity, and real-world use cases.

    SparkPoint is currently exploring the cutting-edge AI advancements showcased at the conference to enhance its web3 offerings and push forward innovation at the intersection of blockchain and artificial AI industries.

    To explore further applications of AI, read these BitPinas articles:

    This article is published on BitPinas: CryptoPH Leaders: PH Must Adopt AI, Builders are Arriving

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  • SwissBorg Meta-Exchange Connects To BNB Smart Chain


    Lausanne, Switzerland, June 18th, 2025, Chainwire

    SwissBorg, Europe’s leading app for investing and earning crypto, today announced the integration of BNB Smart Chain (BNB Chain) into its Meta-Exchange (MEX), connecting one of the largest decentralized ecosystems in crypto directly into its one-tap trading experience. Through this integration, SwissBorg users can trade BNB Chain-native assets, including $BNB and $CAKE, in a single tap with all SwissBorg supported assets. 

    The Meta-Exchange enhances trading efficiency by aggregating liquidity from five major centralized exchanges, over 20 decentralized exchanges, and 16 fiat currencies. The integration of BNB Chain means SwissBorg’s users gain access to one of the most actively used blockchains, recognized for its high speed, low transaction fees, and a robust DeFi and NFT ecosystem. BNB Chain, launched by Binance in 2020, has evolved into a dominant smart contract platform, hosting millions of monthly active users and offering full EVM compatibility for seamless app migration.

    SwissBorg’s Meta-Exchange abstracts away the fragmentation typically found across wallets, bridges, and networks. The MEX delivers optimal liquidity and pricing in real time, offering users unified trading that avoid complexities involved with bridging or switching apps. Through this latest integration, users can instantly swap BNB Chain-native tokens without leaving the app or dealing with manual steps. All trades are executed with route-optimized pricing to ensure best-in-class execution.

    With support for PancakeSwap—the flagship decentralized exchange on BNB Chain—SwissBorg increases access to one of the most liquid and widely used DeFi platforms in the ecosystem. Further integration with additional BNB Chain-based DEXs will follow the same path as SwissBorg’s rollouts for Avalanche and Solana.

    The timing of this integration aligns with key developments on BNB Chain, including the launch of OpBNB, a Layer 2 chain built on Optimism technology; rapid growth in innovative DeFi protocols like Thena and Helio; and increasing institutional adoption for Web3 applications. These advancements affirm BNB Chain’s position as a high-performance, low-cost, and scalable environment for both developers and users—and make its integration into SwissBorg’s Meta-Exchange a highly strategic move.

    For the SwissBorg community, this means greater access to BNB Chain-native tokens, improved swap execution through deeper liquidity pools, and the ability to discover and trade new assets even before they list on centralized exchanges. More importantly, it expands the app’s capability as a seamless, cross-chain trading hub—empowering users to swap from $BNB to $ETH, $SOL, or $AVAX in a single tap, without the need for bridges or external wallets.

    About SwissBorg

    SwissBorg is the leading community-driven crypto wealth management platform, engineered in Switzerland and licensed in the EU. Committed to trust and transparency, SwissBorg is on a mission to democratise the future of finance. At its core is the groundbreaking Meta-Exchange, which seamlessly connects to multiple centralised and decentralised exchanges to secure the best liquidity and prices for users. Beyond trading, SwissBorg offers curated yield strategies through DeFi, and empowers users to access early Web3 opportunities through its Alpha Pre-Sales. Swissborg’s token, BORG, sits at the heart of their ecosystem providing a multitude of benefits to its holders.

    Website | X | LinkedIn | Discord

    Contact

    Head of Growth
    Micah Thompson
    micah@swissborg.com

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  • SuperAI Singapore 2025 Sells Out with 7,000 Attendees and 1,000+ Global AI Companies


    • 1,000+ AI companies from 100+ countries converge at Marina Bay Sands, Singapore
    • East meets West on stage—with voices like Balaji Srinivasan, Dwarkesh Patel, and Edward Snowden alongside China’s Unitree Robotics, Zhipu AI, and Manus AI
    • Full AI development lifecycle on display—from builders in the 36-hour NEXT Hackathon to frontier startups in the Genesis Competition, immersive workshops, and dedicated Community Hubs

    PRESS RELEASE | SINGAPORE, 17 June 2025 — SuperAI Singapore 2025 has officially sold out, with 7,000 attendees confirmed to gather at Marina Bay Sands tomorrow for Asia’s largest and most influential AI conference. The event will convene AI leaders, frontier technologists, investors, and researchers from across 100+ countries—representing more than 1,000 of the world’s most forward-thinking AI companies.

    This is a press release submitted to BitPinas

    This year’s edition signals a major inflection point in the AI industry, with SuperAI becoming the global stage where East meets West, frontier meets enterprise, and ideas become products.

    Photo for the Article - SuperAI Singapore 2025 Sells Out with 7,000 Attendees and 1,000+ Global AI Companies

    Visionaries across robotics, healthcare, and finance will explore AI’s industrial and societal impact—with speakers Balaji Srinivasan, Dwarkesh Patel, Tao Cheung (Manus AI), Edward Snowden, Felix Shang (Unitree Robotics), Nicolaus Radford (Persona AI), and Pippa Malmgren among the roster of over 100 to take the stage.

    The 36-hour NEXT Hackathon, and the Genesis Startup Competition will take place at the heart of SuperAI on June 18 to 19, with over US$250,000 in builder capital available for the next generation of AI and machine learning engineers and entrepreneurs. Meanwhile, immersive workshops, AI labs, and community hubs will showcase the full lifecycle of AI development—from code to capital to community. 

    “SuperAI is no longer just a conference—it’s where the next wave of AI gets defined,” said Peter Noszek, co-founder of SuperAI. “What’s most exciting is the calibre of people in the room: engineers, founders, policy makers, investors—all here to shape what comes next.”

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    150 Exhibitors Power a Sold-Out Exhibition Floor

    The expo floor is fully booked, featuring over 150 exhibitors across AI infrastructure, robotics, cloud, and deep tech innovation. Highlights include robotics pioneers Unitree Robotics and Quikbot, infrastructure innovators Google Cloud, FuriosaAI, Groq, and AMQ Semiconductor, and startups pioneering the future of agentic AI like Manus AI.

    Attendees will journey into an AI-enabled future, with live robotic art displays, AI-generated visual immersions, and the AI Creator Lab presented by AMD, which will teach creators how to turn raw ideas into finished videos, music, and graphics in minutes by putting AI to work.

    AI’s cultural and societal impact will be unveiled at SuperAI’s community hubs—with activations from Tatler and Mixmag exploring AI’s impact on culture, art, and music, while the participation of IMDA (Infocomm Media Development Authority), DISG (Digital Industry Singapore), and Startup Island Taiwan, spotlighting both Singaporean and regional government perspectives.

    SuperAI Diamond Sponsors include agentic AI launchpad WOW.ai.; Auki Labs—building a collaborative sense of space for robotics, XR and smart cities; WEKA—the foundation for enterprise AI; io.net—scalable compute for the AI economy; Bright Data—limitless web data infrastructure; and Amazon Web Services (AWS).

    SuperAI Returns for Its Biggest Edition Yet: 10-11 June 2026

    SuperAI today confirmed its return to Singapore on June 10 to 11, 2026, once again at Marina Bay Sands. 

    Following overwhelming demand and a sold-out 2025 edition, next year’s event will feature expanded exhibition space, new content tracks, and deeper integration of AI technologies to produce its most immersive edition yet. SuperAI will continue to serve as the global nexus for AI’s builders, thinkers, and decision-makers—shaping not just the future of the industry, but the future of frontier technologies.

    Join the early access waitlist for SuperAI Singapore, June 10 to 11, 2026: super-ai.co/singapore-2026

    About SuperAI

    SuperAI is Asia’s largest AI event. Showcasing the transformative power of artificial intelligence, SuperAI brings together frontier technology visionaries, developers, startups, enterprises, researchers, and policymakers to shape the future. Taking place June 18 to 19, 2025, at the iconic Marina Bay Sands, SuperAI Singapore will convene over 7,000 attendees from more than 100 countries to explore and unveil developments in robotics, healthcare, finance, and AI’s impact across industries and society.

    This press release is published on BitPinas: SuperAI Singapore 2025 Sells Out with 7,000 Attendees and 1,000+ Global AI Companies

    What else is happening in Crypto Philippines and beyond?



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  • Which Is Right for You? – CoolWallet

    Which Is Right for You? – CoolWallet


    As crypto adoption grows, choosing the right wallet has become a critical decision for users. You’ve probably heard of custodial and non-custodial wallets. But what exactly is the difference? Which one offers better security?

    This article breaks it down in simple terms.

    Contents:

    Custodial vs. Non-Custodial Crypto Wallets: Which One Is Right for You?

    What Is a Crypto Wallet

    In traditional finance, we store money in bank accounts and make payments with credit cards. In the crypto world, a wallet is a tool used to store, receive, and send digital assets like Bitcoin (BTC) and Ethereum (ETH).

    From a technical perspective, crypto wallets don’t actually “store” your coins. The coins themselves exist on the blockchain. What wallets do is generate and manage the keys that control your assets: the private key and the public key.

    In simple terms:

    Think of it this way:

    Whoever holds your private key controls your crypto. There’s no “forgot password” button. If you lose the key, your assets are likely lost forever.

    Besides managing access, wallets are also used to sign transactions, proving they’re authorized by you. This cryptographic signature is then verified and recorded on the blockchain.

     

    Types of Crypto Wallets

    Crypto wallets can be categorized based on who controls the private key and how the key is stored.

    Based on Private Key Ownership:

    • Custodial Wallet: Your private key is held by a third party (e.g., an exchange).

    • Non-Custodial Wallet (Decentralized Wallet): You hold your own private key and control your assets.

    Based on Storage and Connectivity:

    • Software Wallet (Hot Wallet): Stores the private key on your device and connects to the internet.

    • Hardware Wallet (Cold Wallet): Stores the key on a physical device, kept offline for enhanced security.

    Other Specialized Wallet Types:

    • Multi-Signature Wallet: Requires multiple signatures to authorize a transaction. Common in DAOs and enterprise treasury setups.

    • Smart Contract Wallet: Governed by programmable logic (e.g., spending limits, social recovery) instead of just a private key.

    • Social Recovery Wallet: Replaces private key management with a group of trusted “guardians” who can help recover access.

    In this article, we’ll focus on the core distinction between custodial and non-custodial wallets. This is a decision that shapes how much control (and responsibility) you have over your crypto.

    What Is a Custodial Wallet

    A custodial wallet is one where a third-party platform holds and manages your private keys on your behalf. The third-party platforms are usually an exchange or financial service provider. In other words, you don’t fully control your funds.

    Most centralized exchange accounts (like Binance, Coinbase, or OKX) are custodial by default. They’re easy to use: log in, see your balance, and trade instantly. If you forget your password, you can usually recover access via email or customer support.

    Custodial wallets also require KYC (Know Your Customer) identity verification. You’ll need to submit documents like an ID, proof of address, and a selfie. These details are stored by the platform and may be shared with authorities upon request. This helps prevent fraud and enables fiat on- and off-ramps but also means reduced privacy and increased exposure to data breaches or account freezes.

    Benefits:

    • Beginner-friendly: No need to understand key management; easy to set up and use.

    • Supports fiat integration: Easily buy crypto with credit card or bank transfer.

    • Advanced trading features: Limit orders, margin, OCO, etc.

    • Account recovery: Lost your password? You can recover your account.

    • KYC adds compliance and fraud protection.

    Risks & Drawbacks:

    • No key = no true ownership: If the platform goes down or gets hacked, you could lose access.

    • Mismanagement risk: As seen with FTX, user funds may be misused.

    • History of platform failures: From Mt. Gox to FTX, custodial platforms have failed before.

    • Requires trust: You must trust the provider’s security, solvency, and ethics.

    • Lower privacy: Personal data is stored and may be disclosed to third parties.

    Tips for Custodial Wallet Users:

    • Check if the provider is regulated in a trusted jurisdiction.

    • Look for proof-of-reserves audits.

    • Check if your assets are insured.

    • Make sure account recovery is available and secure.

    For beginners or short-term users, custodial wallets can be a convenient starting point. They also simplify inheritance planning, allowing access sharing and recovery setups. But remember, you’re trading control for convenience, so choose a provider you can trust.

     

    What Is a Non-Custodial Wallet

    A non-custodial wallet puts the private key and full asset control directly in your hands. No third party can access or freeze your funds. This is the foundation of self-sovereign finance in the Web3 era.

    Popular non-custodial wallets include:

    If a custodial wallet is like putting your money in a bank, a non-custodial wallet is like storing your cash in a personal safe. You’re the only one with the key but if you lose it, no one can help you get it back.

    Setting up a non-custodial wallet is simple: just download an app or activate a hardware wallet. No KYC or personal information required. You’re anonymous and independent, which is the core values of decentralization.

    When using these wallets with DApps, DEXs, or NFT platforms, your wallet address becomes your identity. Not your name, phone number, or ID.

    But be aware: although non-custodial wallets don’t require KYC, blockchains are public. All transactions are traceable. If you interact with a KYC’d wallet or exchange, your activity could be de-anonymized. Without privacy tools (e.g., Tornado Cash or zk-rollups), your wallet’s activity may still be exposed.

    Benefits:

    • You hold the keys = you own the funds

    • No reliance on third parties

    • Fast, unrestricted transactions

    • No service or withdrawal fees

    • KYC-free setup = stronger privacy and pseudonymity

    • Essential for using Web3 tools: DEXs like Uniswap, DeFi apps, NFT platforms, and more
       

    Risks & Responsibilities:

    • Lose your key = lose your funds forever

    • Risk of scams: Phishing sites and malicious DApps can trick users

    • Public ledger visibility: Activity is traceable unless privacy protocols are used

    Because you alone control your assets, you also carry all the responsibility. There’s no password reset or customer support. That’s why seed phrase security and safe signing practices are essential.

    Best Practices for Non-Custodial Wallets:

    • Back up your seed phrase and store it offline

    • Use strong passwords and enable 2FA where available

    • Avoid suspicious links or downloads

    • Keep your wallet software and device updated

    • Consider wallets with beginner-friendly recovery options (e.g., CoolWallet Go)

    Despite the steeper learning curve, modern non-custodial wallets like CoolWallet have made self-custody more accessible with improved UX and simplified recovery features.

    Non-custodial wallets mean freedom but also full responsibility. You alone own and control your crypto. If you’re ready to be your own bank, this is where your journey begins.

    Which Type of Wallet Should I Use?

    Both custodial and non-custodial wallets can store crypto and NFTs. Most users end up using a mix depending on their needs:

    • Use custodial wallets for trading, fiat access, and short-term storage

    • Use non-custodial wallets (especially hardware wallets) for long-term, high-value holdings

    If you value privacy and control, go non-custodial. If you prioritize ease and fiat onramps, start with custodial.

    Just as important: choose a wallet that supports the blockchain and tokens you need. Ethereum (ERC-20), BNB Chain (BEP-20), and Tron (TRC-20) all have different standards. Sending tokens to an incompatible wallet or chain can result in permanent loss.

    If you’re active across chains or frequently interact with DApps and NFTs, opt for a multi-chain, Web3-compatible non-custodial wallet.

    For example, CoolWallet supports multiple chains, Web3 DApps, and features a Smart Scan tool that analyzes contracts in real time to help you avoid risky interactions.

     



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  • Crypto News You May Have Missed This Week | June 14, 2025



    From Stripe acquiring Privy to crypto updates in Singapore, here are the stories you may have missed this week.



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  • What does “P2E” stand for…

    What does “P2E” stand for…


    Dropee continues to raise the bar with its June 14, 2025, edition of the “Question of the Day,” keeping trivia lovers sharp and fast on their feet. Every day, a new question hits Telegram feeds, and thousands of players race to answer it correctly before time runs out. It’s more than a quiz—it’s a daily mental marathon.

    This time, the spotlight falls on gaming—a world where digital coins and new-age strategies collide.

    Today’s Question and Answer

    Question: What does “P2E” stand for in gaming?
    Answer: Play-to-Earn

    “P2E,” or Play-to-Earn, refers to a gaming model where players earn real-world rewards—often in the form of cryptocurrency or digital assets—by actively participating in games. These games reward performance, progress, and in-game achievements with tokens that hold real value.

    The concept has taken off in blockchain-based platforms, turning casual gaming into a legitimate income stream for some.

    How the Challenge Works

    Dropee’s format stays simple, but the competition is fierce. Every day, the Telegram-based game releases one question that covers a wide range of categories—from science to pop culture, history to cryptocurrency.

    Here’s how to play:

    • Join on Telegram: Search for and open the official Dropee bot.

    • Access the Challenge Hub: Tap into the “Question of the Day” section.

    • Focus on the Details: Read the question carefully before you answer.

    • Submit Quickly: Type and send your answer within the limited time frame.

    • Earn and Climb: Correct answers unlock XP, game currency, and leaderboard boosts.

    Why It Keeps Players Coming Back

    Each correct answer helps players earn more than just in-game perks. Dropee rewards accuracy and consistency with digital currency and competitive positioning. Maintaining a daily streak unlocks more valuable rewards and brings players closer to the top of the leaderboard.

    The excitement lies in the balance between learning and competition. Regular players develop sharper instincts, deeper knowledge, and a faster reaction time.

    Stay Ahead with Daily Play

    Dropee’s June 14 trivia pick on “P2E” taps directly into a growing trend in the digital world. Players who stay informed and respond quickly not only climb the ranks—they stay ahead of the curve.

    Each day presents a new opportunity. Log in, lock in your answer, and let your knowledge power your rise.



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  • What Is a UTXO? The Key to Bitcoin Privacy and Lower Fees | by Henry Windle | May, 2025


    You might be wondering if this is even a problem for you right now, and honestly, it depends on your situation. The fact is that it does effect everyone, so you need to be aware. Still, if you’ve received a large amount of UTXOs (for example, if you buy a small amount of bitcoin regularly and spend a lot of bitcoin), you should start considering taking steps to manage your UTXOs sooner rather than later. Since the bitcoin you own today may be worth far more in the future, it’s better to be cautious.

    Now that we know that managing these UTXOs is essential, wouldn’t it be great if you could organize them? Yes!

    Let’s introduce the concept of UTXO consolidation: the process of combining smaller UTXOs into one larger UTXO by sending a transaction to yourself. This will help reduce fees and simplify your future transactions.

    You would usually only want to consolidate UTXOs from the same source (for example, keeping business payments separate from personal savings). This way, you can maintain your privacy while managing your UTXOs efficiently and saving on future fees.

    *It’s usually recommended to avoid combining all your funds into a single UTXO*

    How do you do this?

    First, wait until bitcoin fees are quite low. Then, select which UTXOs you want to combine and send them to yourself, creating a new, single UTXO. This is easy to do in Trezor Suite.

    So in practice, you can consolidate UTXOs selectively, maintain your privacy, and avoid higher fees.

    Important: If you’re not careful, UTXO consolidation comes with a privacy risk. Although it will reduce future fees, if you merge UTXOs linked to different addresses, you could end up revealing your total wallet balance on the blockchain.

    Billy buys bitcoin monthly, and each time it’s sent to a different address.

    He also receives regular bitcoin payments for freelance work he does to the same wallet.

    Billy’s wallet contains UTXOs that aren’t linked, so his overall wallet balance remains private, but all these UTXOs will result in higher transaction fees. So Billy decides to consolidate his bitcoin by sending it all to his wallet, creating a new, single UTXO.

    By combining and consolidating all these UTXOs at once, Billy is revealing his entire bitcoin wallet balance to the blockchain. Both the exchange that he was buying bitcoin from and anyone who was paying him in BTC can now see his total wallet balance!

    *This is irreversible*

    Once you do this, it cannot be reversed. If your holdings become publicly known, this could lead to future security issues.



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