List of questions about [Crypto wallet]
A total of 23 cryptocurrency questions
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Missed the Crypto Wave in 2021? Here’s Your Second Chance in 2025
If you're feeling like you "missed" Bitcoin or Shiba Inu in their early days, don’t worry — 2025 is already shaping up to be another massive year in the world of digital assets.
Here’s why:
- Bitcoin Halving Effect: The halving in 2024 historically triggers bull runs about 6–12 months later. That’s now.
- Institutional FOMO: Major funds are moving back into crypto, with ETFs and global regulation becoming clearer.
- Retail Momentum: More average users are entering crypto again, especially from countries like Indonesia, the UAE, and Latin America.
Top 5 Best Coins to Buy Right Now
1. Pepe 2.0 (PEPE2) — Best Meme Coin to Buy Now
- Why: Meme coins are no longer just jokes — they’re marketing machines. PEPE2 is building on the hype of the original with actual utility, staking rewards, and NFT integration.
- Market Cap: Still under $200M = Huge upside potential
- Risk Level: High, but with moonshot potential
If you're searching for the best meme coin to buy right now, this could be your golden ticket , just remember, meme coins are extremely volatile.
2. Fetch.AI (FET) — Best AI-Powered Coin to Watch
- Why: AI is trending across every industry. Fetch.AI focuses on decentralized machine learning and autonomous economic agents.
- Recent Surge: Up 140% YTD, but still undervalued according to experts.
- BYDFi Availability: Yes
3. Chainlink (LINK) — Underrated Blue Chip
- Why: Real-world data is essential for smart contracts. Chainlink dominates this space.
- Perfect for: Traders looking for stability + long-term growth
- Price Prediction 2025: Analysts expect $50–$75 range if bull trend continues
4. Kaspa (KAS) Fastest Growing L1 Coin
- Why: Uses GhostDAG protocol , faster than traditional blockchains, with low fees and energy efficiency.
- Trending: Strong community support, growing developer interest
- Ideal For: Traders looking for a next-gen infrastructure coin
5. Arbitrum (ARB) — Layer 2 King
- Why: Ethereum’s gas fees are still high. Arbitrum offers a scalable, cheaper solution.
- Commercial Use: Many dApps and DeFi platforms are migrating to it
- Long-Term Potential: High adoption = strong hold potential
What Is the Best Coin to Buy for You?
Everyone’s situation is different. Before you decide what is the best coin to buy right now, ask yourself:
- Are you a beginner? Stick with established coins like LINK or ARB.
- Do you like high risk, high reward? Try meme coins like PEPE2.
- Want to build long-term wealth? Look at infrastructure and AI-based coins like FET and Kaspa.
Questions People Are Asking:
- Which crypto coin is best to buy now for beginners? → Try LINK or ARB
- What is the best coin to buy right now under $1? → PEPE2 or KAS
- Which coin will explode in 2025? → FET and KAS are top contenders
Let is choose for you the best exchange platform
BYDFi - Safe and reliable , high liquidity , simple and intuitive
How to Buy These Coins on BYDFi (Step-by-Step)
- Create a BYDFi account , Use your email or phone number
- Verify your identity (KYC) , Takes 5–10 minutes
- Deposit funds , You can use USD, EUR, AED, INR, or even crypto
- Search for the coin Example: Type in “LINK” or “FET” in the search bar
- Buy using spot or convert , Choose limit or market order
Final Thoughts: What Is the Best Crypto Coin to Buy Right Now?
The truth is , there's no single “best” crypto coin for everyone. The best coin for you depends on your risk tolerance, investment goals, and how much time you're willing to spend researching and tracking the market.
Here’s a quick summary to guide your decision:
Ready to learn more about trading strategies and crypto safety? Check out BYDFi for beginner tutorials, expert insights .
B22389817 · 2026-01-20 · a month ago1 01171EVM Unlocked: The Secret Engine Powering Your Entire Crypto Portfolio
EVM Unlocked: The Secret Engine Powering Your Entire Crypto Portfolio (And How to Use It)
You’ve seen the term everywhere. In whitepapers, on CoinMarketCap, in your crypto wallet. EVM. It’s one of those cryptic acronyms that the crypto elite throw around, leaving you to nod along pretending you get it.
But what if I told you that understanding this single piece of tech is the key to unlocking the entire world of DeFi, NFTs, and smart contracts? What if it’s the secret handshake that lets you navigate the crypto universe with confidence?
Stop scrolling and wondering, what does EVM mean in crypto? You’re about to find out. This isn't just tech jargon—it's the foundation of your digital assets.
What is the EVM? No, Really. The Simple Explanation.
Imagine a single, giant computer that exists nowhere physically but is run simultaneously by thousands of nodes (computers) all around the world. This computer has one job: to execute code exactly as it's written, with no downtime, censorship, or possibility of interference.
That’s the Ethereum Virtual Machine.
It’s the runtime environment for every single smart contract on the Ethereum blockchain. When you interact with a DeFi protocol, mint an NFT, or provide liquidity, you're essentially sending a request to this global computer, saying, Hey EVM, run this code for me.
So, What Does EVM Mean for You, the User?
In practical terms, the EVM is the reason you can do more with crypto than just send and receive coins. It’s the engine that powers:
1- DeFi (Decentralized Finance): Lending on Aave, swapping on Uniswap.
2- NFTs (Non-Fungible Tokens): Minting and trading digital art on marketplaces like OpenSea.
3- dApps (Decentralized Applications): Thousands of applications running on a decentralized network.
Without the EVM, Ethereum would just be another simple cryptocurrency. With it, it became a global settlement layer for a new internet.
Beyond Ethereum: The EVM Domination Effect
Here’s where it gets really exciting. The EVM was so brilliantly designed that it became the gold standard. Other blockchain projects looked at Ethereum and thought, Why reinvent the wheel?
This led to the rise of EVM-compatible blockchains. These are separate, independent blockchains like BYDFi Smart Chain (BSC), Polygon, Avalanche, and Fantom that have built their systems to understand and run the same code as the Ethereum EVM.
Why This is a Game-Changer for Your Crypto Experience
1- Seamless Cross-Chain Movement: Because these chains speak the same language (EVM), you can easily port projects and assets between them. A developer can deploy their dApp on Ethereum, Polygon, and Arbitrum with minimal changes.
2- Wallet Simplicity: Your same Ethereum wallet address (like your MetaMask) can be used across all EVM-compatible chains. You don't need a new wallet for every network; you just need to add the new network to your existing one.
3- Lower Fees and Faster Speeds: Stuck with Ethereum's high gas fees? Simply bridge your funds to an EVM-compatible chain like Polygon or Arbitrum, where transactions cost pennies and are confirmed in seconds, all while using the same familiar tools and interfaces.
This ecosystem of interconnected, EVM-powered chains is what we often refer to as the "EVM ecosystem." And the assets that live on these chains are your EVM tokens.
What is an EVM Token? (It's Probably in Your Wallet Right Now)
An EVM token is any cryptocurrency or digital asset that exists on an EVM-compatible blockchain. This is a critical concept to grasp.
It’s not just one type of coin. It’s a category that includes:
1- The Native Coins: ETH (Ethereum), BNB (BSC), MATIC (Polygon), AVAX (Avalanche). These are used to pay for transaction fees (gas) on their respective networks.
2- ERC-20 Tokens: This is the token standard on EVM chains. If you hold USDT, USDC, SHIB, or any of the thousands of other tokens, you are holding an EVM-compatible token.
3- ERC-721 & ERC-1155 Tokens: These are the NFT standards. So yes, your prized CryptoPunk or Bored Ape is also an EVM token.
So, when you see "EVM coin," people are often referring to the native gas asset of an EVM-compatible chain. When you see "EVM token," they're likely talking about the broader universe of assets built on top of these chains.
The Practical Power: How to Leverage EVM Compatibility Today
Understanding this isn't just academic; it puts power in your hands. Here’s how you, as a user or trader, can actively use this knowledge.
1. Mastering Your MetaMask for Multiple Chains
Your MetaMask wallet is your passport to the EVM world. You don't need a separate wallet for each chain. Simply:
1- Go to your MetaMask settings.
2- Find "Networks" and Add a Network.
3- Add the RPC details for chains like Polygon, Arbitrum, or Avalanche (easily found with a quick Google search).Now you can manage assets on dozens of chains from one single interface.
2. Bridging Assets Like a Pro
Got ETH on Ethereum Mainnet but want to use it on Polygon for cheaper fees? You use a bridge. Bridges like the official Polygon Bridge or third-party services like Hop Protocol or Synapse allow you to teleport your EVM tokens from one compatible chain to another.
3. Identifying Investment Opportunities
When a new, promising dApp launches on Ethereum, savvy investors watch for its deployment on other EVM chains. Often, these "cross-chain" launches come with lucrative liquidity mining incentives and airdrops. By understanding the EVM landscape, you can be an early participant.
The Future is Multi-Chain, and the EVM is its Backbone
The debate isn't Ethereum vs. The Rest anymore. The future is a multi-chain universe where hundreds of specialized blockchains interoperate. The EVM has emerged as the common ground, the lingua franca of this new digital economy.
Newer, non-EVM chains (like Solana, Cardano, or Bitcoin's Lightning Network) have their own strengths and innovations. However, the massive network effect, developer mindshare, and deep liquidity of the EVM ecosystem make it an undeniable force.
For you, the user, this means the skills and knowledge you build today—using MetaMask, navigating DeFi protocols, bridging assets—will remain relevant and valuable as this ecosystem continues to expand.
Final Thoughts: Your Key to the Crypto Kingdom
So, the next time you see "EVM," don't gloss over it. See it for what it is: the foundational layer of the decentralized internet.
It’s the reason you have choices. It’s the reason you can escape high fees without leaving the ecosystem you know. It’s the reason a vibrant world of financial and creative applications exists at your fingertips.
2026-01-16 · a month ago0 0423Download MetaMask Now: The Easiest Way to Install and Start Using Your Crypto Wallet Today
Venturing into the world of decentralized finance (DeFi) and Web3 can seem overwhelming at first, but with the right tools, it becomes an exciting journey. One essential tool for anyone interested in managing cryptocurrencies and interacting with decentralized applications (dApps) is MetaMask. If you’re wondering how to download MetaMask, install MetaMask, or looking for the best way to get started, this guide will walk you through everything you need to know.
What is MetaMask?
MetaMask is a widely used Web3 wallet that functions as a browser extension and mobile app, allowing users to interact with Ethereum and other blockchain networks without running a full node. It acts as a secure gateway between your browser and decentralized applications, providing a simple interface to store private keys, manage tokens, and execute blockchain transactions.
More than just a wallet, MetaMask connects you to the decentralized internet, enabling you to participate in token sales, mint NFTs, play blockchain games, and explore a growing ecosystem of dApps.
Why Choose MetaMask?
Before downloading, it’s helpful to understand why MetaMask is a top choice for millions of users worldwide:
- User-Friendly Interface: Designed for both beginners and experienced users, MetaMask offers an intuitive and straightforward experience.
- Cross-Browser Compatibility: Available on Chrome, Firefox, Brave, and Edge, MetaMask fits seamlessly into your existing browsing habits.
- Robust Security: Your private keys are encrypted and stored locally, and MetaMask encourages best security practices.
- Active Development & Community: Backed by ConsenSys, MetaMask receives regular updates and benefits from a vibrant user community.
Step-by-Step Guide to Download and Install MetaMask
1. Choose Your Platform
MetaMask is available as a browser extension and mobile app. Decide whether you want to install it on your desktop browser or smartphone.
2. Visit the Official Website
Go to metamask.io to ensure you download the authentic version. Beware of phishing sites—always verify the URL and look for the official MetaMask icon.
3. Download MetaMask
- For Browsers: Click “Download,” select your browser (e.g., Chrome), and you’ll be redirected to the official extension store. Click “Add to Chrome” (or equivalent) and confirm.
- For Mobile: Visit the Apple App Store or Google Play Store, search for “MetaMask,” and install the official app.
4. Set Up Your Wallet
After installation, open MetaMask and click “Get Started.” Choose to create a new wallet or import an existing one using your secret recovery phrase.
5. Create a Strong Password
Set a unique password to secure your wallet on your device. Avoid reusing passwords from other sites.
6. Backup Your Secret Recovery Phrase
MetaMask will generate a 12-word secret recovery phrase. Write this down and store it securely offline—this phrase is the only way to recover your wallet if you lose access.
7. Explore MetaMask
Familiarize yourself with sending and receiving tokens, connecting to dApps, and managing your assets.
Tips for a Secure MetaMask Experience
- Always download MetaMask from official sources.
- Never share your secret recovery phrase.
- Use hardware wallets for added security if possible.
- Keep your software updated to benefit from the latest security patches.
Summary
Downloading and installing MetaMask is your gateway to the decentralized web. With its user-friendly design, strong security, and broad compatibility, MetaMask empowers you to manage your crypto assets and explore blockchain applications confidently. Follow this guide to safely download MetaMask, set up your wallet, and start your journey into Web3 today.
Ready to learn more about trading strategies and crypto safety? Check out BYDFi for beginner tutorials, expert insights.
2026-01-16 · a month ago0 0672Trade Smart: Why Cetus Coin Is the Most Underrated DeFi Token on BYDFi
Why Cetus Coin is Stealing the Spotlight in the Sui Ecosystem
Imagine this: you’re a crypto trader balancing your 9-to-5 job while scanning the market for that next DeFi gem that’s more than just hype. You’ve got $1,000 in your Coinbase or BYDFi wallet, itching to deploy it smartly. You want utility, innovation, and safety—not another rug pull. Enter Cetus Coin (CETUS)—the comeback hero of the Sui ecosystem. After enduring one of 2025’s worst crypto hacks, this project didn’t just survive—it’s now leading the charge in DeFi efficiency, transparency, and investor confidence.
For anyone searching “what is Cetus protocol or is Cetus coin a good investment after the hack,” this guide is your answer. Drawing from years of navigating bull and bear markets—from Bitcoin’s 2013 glory days to Solana’s explosive 2021 rally—this article takes you through everything: the rise, the fall, and the phoenix-like resurgence of Cetus Coin.
What is Cetus Protocol? The DEX Powering Sui’s DeFi Revolution
At its core, Cetus Protocol is the backbone of decentralized trading within the Sui and Aptos blockchains. Launched in May 2023, it brought to life one of the biggest innovations in modern DeFi: concentrated liquidity. Built for speed and low fees (we’re talking less than $0.01 per swap), Cetus eliminates the sluggish, inefficient liquidity of earlier decentralized exchanges.
Unlike most DEXs, Cetus isn’t just about swapping tokens—it’s Liquidity as a Service. Developers can integrate its deep liquidity pools into their dApps using the Cetus SDK, while ordinary traders enjoy frictionless swaps without KYC barriers. The protocol’s design mirrors Uniswap V3’s precision, but it runs smoother thanks to Sui’s object-centric architecture that allows near-instant trades.
Key features that make Cetus protocol stand out:
1- Concentrated Liquidity (CLMM): This allows liquidity providers to allocate their funds within specific price ranges, amplifying efficiency up to 4000x compared to traditional AMMs. In simpler terms: more returns, less idle capital.
2- Super Aggregator: Cetus routes trades across top Sui sources like DeepBook, Kriya, and FlowX, guaranteeing users the best possible rates even during high volatility.
3- Permissionless Design: Anyone can create pools, add incentives, or deploy strategies—no centralized approvals, no limits on creativity.
In short, Cetus doesn’t just enhance trading—it redefines it. Whether you’re in Europe trading EUR-stable pairs or in Asia chasing arbitrage profits, its cost efficiency gives you a real edge.
Cetus Token: The Beating Heart of Sui’s Liquidity Engine
The Cetus Token (CETUS) is far more than a trading asset—it’s the energy source driving the entire protocol. It’s designed for governance, rewards, and staking, with a fixed total supply of 1 billion tokens.
With 859 million tokens already circulating, the supply strategy emphasizes long-term sustainability—no artificial burns or gimmicky deflation. Holders can stake their CETUS for xCETUS, a non-transferable version that grants voting rights and a share of trading fees generated across the DEX.
For active traders, this means earning passive income while influencing protocol upgrades and ecosystem direction. Staking rewards currently yield between 15%–25% APY, paid from real protocol revenue rather than inflationary emissions—a rarity in DeFi today.
If you’re using BYDFi, you can easily monitor CETUS market trends or hold it alongside your other DeFi assets. BYDFi’s interface simplifies trading for beginners while offering advanced charting and portfolio tracking for pros—perfect for managing your Sui-based positions efficiently.
The $223M Hack Horror Story: The Darkest Hour That Forged a Stronger Protocol
May 22, 2025, marked a day of chaos in the DeFi world. Cetus, then Sui’s largest DEX, suffered a $223 million exploit after an attacker leveraged an integer overflow bug in a shared math library. Within minutes, pools drained, and confidence in Sui’s DeFi layer plummeted. CETUS prices crashed by 70% overnight, and social platforms flooded with despair: “Is Cetus dead?
But what followed set a new benchmark for recovery in crypto history.
1- Immediate Freeze: Sui validators executed a governance vote to freeze $162 million of the stolen funds—an unprecedented move, with 90.9% approval.
2- Full Compensation: The Sui Foundation stepped in with a $30 million USDC loan, while Cetus used $7 million from its treasury to ensure 100% user reimbursement.
3- Relaunch Rocket: By June 8, liquidity pools were back at 99%, audits were redone, and Cetus returned stronger, more transparent, and technically bulletproof.
This swift, collective response showcased why Sui’s ecosystem resilience is unmatched—and why investors regained trust so fast. Today, Cetus stands not as a victim of a hack but as a symbol of recovery and reliability in decentralized finance.
Price Analysis and 2025 Forecasts: Can Cetus Coin 10x from Here?
Fast-forward to November 2025. CETUS trades around $0.046, showing a 105% rebound from its October lows. Volume has surged past $13 million daily—a clear sign of renewed market confidence. With an RSI at 35.8 (oversold zone), smart traders are quietly accumulating.
Let’s break down the major factors pushing Cetus forward:
1- Sui’s Explosive Growth: Sui’s total value locked (TVL) now exceeds $5 billion, with Cetus handling nearly 40% of DEX transactions.
2- Healthy Tokenomics: Only 300 million tokens in effective circulation keep supply pressure low.
3- Macro Trends: Potential Fed rate cuts could trigger altcoin rallies, with CETUS poised to benefit given its modest $40 million market cap.
Analyst Predictions (not financial advice):
1- Short-Term (Q4 2025): Breaking $0.07 resistance could drive prices toward $0.10.
2- Mid-Term (2026): Analysts project $0.30+ if Sui enters the global top 10 chains.
3- Risks: A renewed crypto winter or DEX regulatory actions (especially from the SEC) could push CETUS down to $0.03.
The math speaks for itself. Even a conservative rally to $0.30 delivers a 6–10x upside for patient holders.
How to Buy and Trade Cetus Token (CETUS): Step-by-Step
If you’re ready to act, here’s how to get started with real-world steps:
1- Set Up a Wallet: Install a Sui-compatible wallet like Sui Wallet or Backpack. Fund it with SUI tokens via exchanges like Binance, OKX, or BYDFi.
2- Acquire CETUS: Centralized Exchanges: Trade on Gate.io, MEXC, or BYDFi (CETUS/USDT pair). Decentralized Option: Visit Cetus.zone, connect your wallet, and swap USDC/SUI for CETUS directly.
3- Stake for Rewards: Convert CETUS to xCETUS to start earning 20% APY in trading fees.
4- Manage Risks: Set stop-loss orders around 10% below entry, and never invest more than you can afford to lose.
For traders in regions with high fees—like India or Brazil—Cetus DEX offers the cheapest route with near-zero swap costs. Use BYDFi or CoinMarketCap for real-time price tracking and alerts.
Conclusion: Why Cetus Coin Deserves a Spot in Your 2025 Portfolio
Cetus Coin has been through the storm and come out stronger. It’s more than a token—it’s a proof of concept that resilient projects can rebuild trust and lead innovation in DeFi. Its deep integration with Sui, solid tokenomics, and complete recovery after the hack make it one of the most undervalued assets heading into 2026.
For traders looking to diversify portfolios, BYDFi offers one of the most user-friendly ways to buy, track, and manage CETUS and other DeFi tokens safely. Whether you’re a beginner seeking steady staking income or a veteran trader hunting the next 10x play, Cetus Coin stands as a compelling opportunity.
The bottom line? Don’t sleep on Cetus. The comeback story isn’t just inspiring—it’s profitable. The next Sui-era rally could turn this survivor into a star.
2026-01-16 · a month ago0 0370Your crypto wallet is your digital passport
For years, the narrative around crypto wallets has been simple: they are digital vaults for your Bitcoin, Ethereum, and NFTs. But that definition is rapidly becoming outdated. As Web3 matures, your wallet is evolving into something far more profound—it is becoming your digital passport.
In the shifting landscape of the internet, we are moving away from centralized entities holding our data. Instead, we are entering an era of true self-custody, where your wallet doesn’t just hold your money; it holds your identity, your reputation, and your history.
From Storage to Identity: The Evolution of the Wallet
In the Web2 world (think Google, Facebook, and banks), your identity is fragmented. You have a login for your email, a profile for your social media, and a separate account for your finances. In every instance, a third party owns your data. If they shut down your account, you lose your digital existence on that platform.
Web3 flips this script. A crypto wallet acts as a portable identity container. It allows you to carry your credentials with you across the internet, logging into apps, proving your age, or verifying your funds without ever handing over control to a centralized server.
The Power of Zero-Knowledge Proofs
One of the biggest hurdles to digital identity has always been privacy. How do you prove who you are without doxxing yourself? Enter Zero-Knowledge Proofs (ZK-proofs).
ZK-proofs are the technological breakthrough making the "wallet as a passport" concept possible. They allow you to verify a piece of information—like your age, citizenship, or creditworthiness—without revealing the underlying data.
- Verify Age: Prove you are over 18 to access a site without uploading a photo of your driver's license.
- prove Solvency: Show a lender you have enough collateral for a loan without revealing your total net worth or transaction history.
This technology transforms your wallet into a privacy-preserving tool that verifies facts about you, rather than exposing your identity.
Bridging the Gap Between Web2 and Web3
For this digital passport to go mainstream, the user experience needs to be seamless. Currently, there is a chasm between the ease of Web2 (one-click logins) and the complexity of Web3 (seed phrases and gas fees).
The next generation of smart wallets is closing this gap. By integrating biometric security and account abstraction, these wallets offer the familiar ease of use we expect from modern apps while maintaining the security properties of blockchain technology. The goal is simple: users shouldn't need to know they are using a blockchain; they just need to know they own their data.
Why Self-Custody Matters More Than Ever
As AI agents and automated bots flood the internet, verifying "humanness" will become the most valuable currency online. Your crypto wallet will serve as the anchor for your digital reputation.
It will store "attestations"—digital stamps of approval that prove you are a real person, that you have participated in certain communities, or that you have a verified credit history. This creates a portable trust layer that you take with you wherever you go online.
Conclusion
The crypto wallet is no longer just about finance; it is the foundational tool for digital sovereignty. By combining self-custody with privacy-preserving tech like ZK-proofs, we are building a future where you are the sole owner of your digital life.
To build a robust digital portfolio, you need a reliable gateway to the crypto world. Start building your Web3 journey today with BYDFi, your trusted partner for secure trading and asset management. Sign up on BYDFi now to take control of your financial future.
Disclaimer
This content is for educational purposes only and does not constitute financial or investment advice. Cryptocurrency trading, especially with leverage or meme coins, involves a high level of risk and may result in the loss of your entire capital. Always perform your own research (DYOR) and consult a professional advisor before making any investment decisions. BYDFI is not responsible for trading losses.
2026-01-16 · a month ago0 0283User Loses $282M in Massive Social Engineering Crypto Heist
$282 Million Vanishes Overnight: Inside One of Crypto’s Most Devastating Social Engineering Heists
A Single Mistake That Cost Hundreds of Millions
In one of the most staggering crypto thefts ever recorded, a single user lost more than $282 million worth of digital assets after falling victim to a highly sophisticated social engineering scam. The incident, which occurred on January 10, 2026, highlights how human error, not broken code, remains the weakest link in crypto security.
Unlike traditional hacks that exploit smart contracts or exchange vulnerabilities, this attack succeeded through deception alone. The victim was reportedly convinced they were communicating with official Trezor support, only to unknowingly hand over the one piece of information that should never be shared: their hardware wallet seed phrase.
Within minutes, years of accumulated wealth were no longer under the victim’s control.
How the Attack Unfolded
According to blockchain investigator ZachXBT, the theft took place around 11:00 pm UTC. The attacker, impersonating a legitimate Trezor representative, manipulated the victim into revealing the recovery phrase associated with their hardware wallet. Once the seed phrase was exposed, the attacker gained complete and irreversible control over the wallet.
There was no exploit to patch, no password to reset, and no transaction to reverse. On-chain ownership changed hands instantly, and the funds were gone.
What followed was a rapid and highly coordinated laundering operation designed to erase any trace of the stolen assets.
Breaking Down the Stolen Assets
The scale of the theft stunned even seasoned blockchain analysts. The wallet contained approximately 1,459 Bitcoin, valued at around $139 million, alongside a massive 2.05 million Litecoin, worth roughly $153 million at the time of the attack.
Almost immediately, the attacker began dispersing the funds across multiple networks, fragmenting the transaction trail and complicating any recovery attempts. Large portions of the stolen crypto were converted using instant exchange services, while others were bridged across different blockchains to further obscure the source.
Monero Surge Raises Red Flags
A significant portion of the stolen assets was swapped into Monero, a privacy-focused cryptocurrency known for its untraceable transactions. This sudden influx of capital caused a noticeable spike in Monero’s price, drawing attention from traders and analysts who quickly suspected illicit activity.
The use of Monero was no coincidence. By converting Bitcoin and Litecoin into a privacy coin, the attacker dramatically reduced the effectiveness of blockchain tracking tools, making it far more difficult for investigators to follow the money.
THORChain and the Cross-Chain Controversy
In parallel with the Monero conversions, the attacker used THORChain to bridge large amounts of Bitcoin across networks such as Ethereum, XRP, and Litecoin. This strategy allowed value to move seamlessly between blockchains without relying on centralized exchanges, avoiding traditional compliance checks and account freezes.
The incident reignited a heated debate within the crypto community. Critics argued that decentralized cross-chain protocols are increasingly being exploited as laundering tools during large-scale thefts, while defenders countered that open infrastructure should not be blamed for criminal misuse.
Regardless of where one stands, this attack demonstrated how powerful and dangerous cross-chain liquidity can be in the wrong hands.
A Small Win Amid a Massive Loss
Despite the speed and complexity of the laundering process, not all hope was lost. Cybersecurity firm ZeroShadow revealed that blockchain monitoring teams managed to track part of the stolen funds in real time. Within approximately 20 minutes, around $700,000 worth of assets were flagged and frozen before they could be fully converted into privacy coins.
While this represents only a fraction of the total loss, it proved that rapid coordination between analytics firms and platforms can still make a difference, even in fast-moving attacks of this magnitude.
Clearing the Air on State-Sponsored Claims
As rumors spread across social media, some speculated that the theft might be linked to a state-sponsored hacking group, particularly North Korea, which has been associated with several high-profile crypto crimes in the past.
ZachXBT was quick to dismiss these claims. It’s not North Korea, he stated plainly, emphasizing that the attack bore all the hallmarks of a classic social engineering scam rather than a geopolitical cyber operation.
Not an Isolated Incident
This $282 million loss is not an anomaly. Just one year earlier, an elderly Bitcoin holder in the United States reportedly lost $330 million in another social engineering scam. That victim had quietly held more than 3,000 BTC since 2017, with minimal activity, making the sudden movement of funds immediately suspicious.
In that case, the attacker used peel chains and instant exchanges before converting much of the stolen Bitcoin into Monero, following a pattern eerily similar to the 2026 heist.
The Real Lesson: Security Is Human
These incidents underscore a harsh truth about crypto security. Hardware wallets, cold storage, and decentralized networks can be nearly unbreakable from a technical standpoint, but none of them can protect users from manipulation, impersonation, and misplaced trust.
No legitimate wallet provider will ever ask for a seed phrase. Once it is shared, ownership is effectively transferred, and recovery becomes almost impossible.
As crypto adoption grows and individual wallets hold increasingly life-changing sums, social engineering is emerging as the most dangerous attack vector in the industry. The code may be secure, but the human element remains vulnerable.
Whether you’re a beginner or a seasoned investor, BYDFi gives you the tools to trade with confidence — low fees, fast execution, copy trading for newcomers, and access to hundreds of digital assets in a secure, user-friendly environment
2026-01-26 · a month ago0 0270Ledger Nano S Plus – The $79 Device That Could Save Your Crypto from Hackers
Ledger Nano S Plus Review: Is This $79 Crypto Vault Your Key to Unhackable Wealth?
In 2025, with crypto hacks costing investors billions—$2.2 billion in 2024 alone—securing your digital assets has never been more critical. If you’re searching for a reliable way to protect your Bitcoin, Ethereum, or NFTs, you’ve likely stumbled across the Ledger Nano S Plus. But is this hardware wallet worth your investment? In this Ledger Nano S Plus review, we’ll dive deep into its features, security, usability, and value to answer your burning questions like: How to use Ledger Nano S Plus? and Does Ledger Nano S Plus have Bluetooth? Whether you’re a crypto newbie in the U.S. or a seasoned trader in Europe, this guide will help you decide if the Nano S Plus is your ticket to peace of mind.
Why Choose a Hardware Wallet Like the Ledger Nano S Plus?
Cryptocurrency is a wild west of opportunity, but it’s also a magnet for hackers. Unlike hot wallets that stay online, hardware wallets like the Ledger Nano S Plus keep your private keys offline, making them nearly impossible to hack. With a sleek design, support for over 5,500 cryptocurrencies, and a price tag of just $79, the Nano S Plus is a top contender for both beginners and pros. But does it live up to the hype?
Ledger Nano S Plus: A Game-Changer for Crypto Security
Design and Build: Compact Yet Premium
The Ledger Nano S Plus is a pocket-sized powerhouse, measuring 62.39 x 17.40 x 8.24mm and weighing only 21 grams. Its brushed stainless steel and durable plastic build feels sturdy, resisting scratches even when tossed in a bag with your keys. The upgraded 128x64-pixel screen is a massive improvement over the original Nano S, making it easier to verify transactions. Available in colors like matte black, electric blue, and flamingo pink, it’s as stylish as it is functional.
What’s in the Box?
- Ledger Nano S Plus device – the hardware wallet itself.
- USB-C to USB-A cable – for connecting the device to your computer.
- Three recovery phrase sheets – to securely write down your 24-word seed phrase.
- Keychain strap – for carrying convenience.
- Getting-started guide – quick instructions for setup.
- Ledger stickers – branded stickers for personalization.
This thoughtful packaging ensures you have everything needed to start securing your crypto safely. Just make sure the shrink wrap is intact to avoid tampering risks.
Unbreakable Security: Your Crypto’s Fort Knox
When it comes to protecting your wealth, the Ledger Nano S Plus doesn’t mess around. Here’s why it’s one of the most secure wallets in 2025:
1- Certified Secure Element Chip (CC EAL6+): This chip, used in passports and credit cards, keeps your private keys offline, safe from hackers.
2- BOLOS Operating System: Ledger’s proprietary OS isolates apps for maximum protection.
3- PIN Protection: Set a 4- to 8-digit PIN to lock your device. Enter the wrong PIN three times, and it resets, wiping all data.
4- 24-Word Recovery Phrase: This backup lets you restore your wallet if the device is lost. Store it offline in a safe place—never online!
5- Physical Transaction Confirmation: Every transaction requires button presses on the device, thwarting phishing attempts.
Pro Tip: Consider Ledger’s optional Ledger Recover service ($9.99/month) for encrypted backup of your recovery phrase, perfect for those worried about losing their seed phrase. However, privacy-focused users may skip this due to its KYC requirements.
How to Use Ledger Nano S Plus: A Step-by-Step Guide
1- Download Ledger Live: Get the app from ledger.com for Windows, macOS, Linux, or Android.
2- Connect the Device: Plug the Nano S Plus into your computer or Android phone using the USB-C cable.
3- Set Up as New Device: Follow the on-screen prompts to initialize your wallet.
4- Choose a PIN: Pick a 4- to 8-digit PIN and confirm it.
5- Backup Your Recovery Phrase: Write down the 24-word phrase displayed on the screen. Store it securely—consider a fireproof safe or a product like Billfodl.
6- Install Apps: Use Ledger Live to install apps for your favorite cryptocurrencies, like Bitcoin or Ethereum.
7- Add Accounts: Create accounts for each blockchain to start sending and receiving crypto. The Ledger Live app is your hub for managing assets, staking, and even swapping crypto. Its clean interface suits both newbies in Canada and advanced traders in Singapore.
Does Ledger Nano S Plus Have Bluetooth?
Here’s the straight answer: No, the Ledger Nano S Plus does not have Bluetooth. Unlike its pricier sibling, the Ledger Nano X ($149), the Nano S Plus relies on a USB-C connection. This makes it less convenient for iOS users or those who prefer wireless connectivity but enhances security by eliminating potential Bluetooth attack vectors. If you’re using a Windows laptop or Android phone, the USB-C cable works flawlessly. For iOS users, consider the Nano X for Bluetooth support.
FAQs
Can the Ledger Nano S Plus be hacked?
No device is 100% hack-proof, but the Nano S Plus’s offline storage and secure chip make it extremely secure. Follow best practices: keep your recovery phrase offline and update firmware regularly.
How do I recover my funds if I lose my Nano S Plus?
Use your 24-word recovery phrase to restore your wallet on a new Ledger device or compatible software wallet. Never share this phrase online.
Does it support staking?
Yes, you can stake coins like Ethereum, Solana, and Tezos via Ledger Live, keeping your keys secure.
Supported Cryptocurrencies: A Portfolio Powerhouse – Explained
1- Wide Asset Support
The Ledger Nano S Plus supports over 5,500 cryptocurrencies and tokens, which means you can store, send, and receive a massive variety of digital assets in one place. This is especially valuable for traders and investors who hold a diverse portfolio rather than sticking to just one or two coins.
2- Major Coins
It’s compatible with leading cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), Cardano (ADA), and Binance Coin (BNB). These are among the most widely traded and recognized coins in the crypto market.
3- Stablecoins
Supports popular stablecoins such as Tether (USDT) and USD Coin (USDC). Stablecoins are pegged to the value of fiat currencies (like the US dollar), offering more stability compared to volatile cryptocurrencies.
4- NFT Support
You can store and manage NFTs (non-fungible tokens) directly on Ethereum and Polygon blockchain through the Ledger Live app. This allows safe storage of unique digital assets like art, collectibles, or gaming items.
5- Generous App Storage
With 1.5 MB of internal storage, you can install up to 100 apps simultaneously. Each app usually represents a cryptocurrency’s blockchain integration, so this is perfect for users managing many different coins at once.
6- DeFi Integration
The device works with wallets like MetaMask, enabling you to interact with decentralized applications (dApps) in a secure way. This is ideal for DeFi users who stake, lend, borrow, or trade assets on decentralized platforms.
Staking and DeFi: Grow Your Wealth Securely
The Ledger Nano S Plus supports staking for coins like Ethereum, Solana, Tezos, and Cosmos through Ledger Live. Simply select a validator, confirm the amount, and approve the transaction on your device. Your private keys stay secure during staking, unlike with some hot wallets. The wallet also connects to DeFi platforms like Lido and 1inch, making it a versatile tool for modern crypto investors.
Pricing: Affordable Security for All, the Ledger Nano S Plus offers premium features at a budget-friendly price. Compared to the Nano X or Trezor Safe 3, it’s a steal for its security and functionality. Occasional promotions, like in Bitcoin during festive seasons, sweeten the deal. There are no recurring fees for standard use, though network fees (e.g., Ethereum gas fees) apply for transactions.
Nano S Plus vs. Nano X: Which Should You Choose?
The Ledger Nano S Plus is a middle ground between the discontinued Nano S and the premium Nano X. Here’s a quick comparison:
Final Verdict: Is the Ledger Nano S Plus Worth It in 2025?
The Ledger Nano S Plus is a stellar choice for anyone serious about crypto security. Its robust security features, support for thousands of assets, and seamless Ledger Live integration make it a no-brainer for beginners in the U.S. or seasoned traders in the UK.
While the lack of Bluetooth may disappoint iOS users, its $79 price tag and unhackable design outweigh minor drawbacks. If you’re ready to protect your crypto from the next big hack, the Nano S Plus is your vault.Ready to secure your crypto? Buy the Ledger Nano S Plus directly from Ledger’s official website to avoid tampered devices.
Final Thought
In a crypto world where billions vanish each year to hacks, the Ledger Nano S Plus offers peace of mind for the price of a nice dinner. It’s not flashy with Bluetooth or batteries, but that’s exactly what makes it a hacker’s nightmare and a holder’s best friend. Whether you’re storing your first Bitcoin or managing a diverse portfolio of altcoins, NFTs, and DeFi assets, this $79 vault delivers rock-solid protection without the premium price tag.
Your gateway to the crypto world starts here. Join BYDFi and trade Bitcoin & altcoins in minutes
2026-01-16 · a month ago0 0359Uniswap Launches on OKX X Layer as Exchange Expands DeFi Push
Uniswap Goes Live on OKX’s X Layer, Accelerating the Shift Toward Exchange-Led DeFi
Uniswap’s expansion to OKX’s X Layer represents more than a routine blockchain deployment. It signals a strategic acceleration in how major crypto exchanges are reshaping their role within decentralized finance. By bringing Uniswap’s liquidity and trading infrastructure directly onto its proprietary layer-2 network, OKX is positioning itself at the center of a rapidly evolving DeFi landscape where scalability, accessibility, and integration matter more than ever.
The launch enables users on X Layer to access Uniswap’s markets with lower transaction costs and faster execution, leveraging layer-2 efficiencies while remaining fully compatible with Ethereum’s ecosystem. For traders and liquidity providers alike, this integration removes many of the traditional barriers associated with mainnet congestion and high gas fees, making decentralized trading more practical for everyday use.
X Layer’s Role in OKX’s Long-Term DeFi Vision
X Layer, introduced in 2024, serves as the foundational infrastructure behind OKX’s decentralized ambitions. Built as an Ethereum Virtual Machine–compatible network, it allows developers to deploy familiar smart contracts while benefiting from reduced costs and improved scalability. More importantly, X Layer is deeply integrated with OKX’s centralized exchange and wallet services, creating a unified environment where users can move seamlessly between centralized and decentralized finance.
This level of integration reflects a deliberate strategy. Rather than treating DeFi as a separate ecosystem, OKX is embedding it directly into its broader product offering. Assets can flow from exchange accounts to onchain applications with minimal friction, helping onboard users who may be new to decentralized finance but already trust established platforms.
Why Uniswap’s Integration Matters
Uniswap’s presence on X Layer immediately strengthens the network’s credibility. As one of the most widely used decentralized exchanges in the world, Uniswap consistently ranks among the top DeFi protocols by total value locked and trading volume. Its liquidity pools support thousands of token pairs, making it a critical component of the broader crypto market infrastructure.
According to Uniswap Labs, swaps on X Layer are executed without additional protocol fees, allowing users to benefit directly from lower layer-2 costs. Uniswap founder Hayden Adams has emphasized that expanding to new networks like X Layer is essential for driving long-term growth, increasing liquidity, and reaching users where they already operate.
For OKX, Uniswap is not just another application; it is a cornerstone of the exchange’s second-phase rollout, which focuses on integrating major DeFi protocols and reinforcing core infrastructure. This phase is part of a larger, multi-stage roadmap aimed at transforming OKX into a hybrid platform that bridges centralized liquidity with decentralized innovation.
Exchanges Embrace Layer-2 Networks to Capture Onchain Activity
OKX is not alone in this approach. Across the industry, major exchanges are increasingly launching or supporting layer-2 blockchains as a way to connect centralized user bases with onchain activity. Coinbase’s launch of Base demonstrated how quickly exchange-backed networks can gain traction when paired with strong developer tools and popular DeFi protocols.
Base rapidly emerged as a dominant environment for decentralized exchange trading, with Uniswap accounting for a significant share of its activity. This success has reinforced the idea that exchanges can play a pivotal role in scaling DeFi adoption by offering familiar interfaces, trusted infrastructure, and seamless access to decentralized applications.
Other platforms have followed similar paths, using layer-2 technology to reduce costs, improve performance, and retain users within their ecosystems. These developments suggest that the future of crypto trading will increasingly blur the line between centralized and decentralized models.
BYDFi and the Expanding DeFi Access Landscape
As exchange-led DeFi strategies continue to mature, platforms like BYDFi are also becoming increasingly relevant. BYDFi has built its reputation by offering flexible trading tools that cater to both beginners and experienced traders, while maintaining a strong focus on accessibility and global reach.
As more users seek exposure to decentralized finance without sacrificing usability or security, exchanges that support both traditional trading and DeFi access stand to gain a competitive edge. BYDFi’s growing presence in the crypto market highlights how platforms can complement the broader DeFi ecosystem by providing gateways to onchain opportunities, whether through direct integrations or simplified access to decentralized markets.
What This Means for the Future of DeFi
The launch of Uniswap on OKX’s X Layer underscores a broader shift in how decentralized finance is being built and distributed. Rather than existing solely on independent blockchains, DeFi protocols are increasingly being embedded within exchange-backed networks that offer scalability, liquidity, and user-friendly access.
This model has the potential to accelerate adoption by lowering technical barriers and aligning incentives between exchanges, developers, and users. At the same time, it intensifies competition among layer-2 networks, where success will depend on liquidity depth, application diversity, and real-world usability.
With Uniswap now live on X Layer and further integrations expected, OKX has taken a decisive step toward shaping the next phase of decentralized finance. As platforms like OKX, Coinbase, and BYDFi continue to evolve, the crypto industry appears to be moving toward a more interconnected future—one where centralized exchanges and decentralized protocols work together to define how digital finance operates at scale.
2026-01-21 · a month ago0 0232The Best Way to Store Cryptocurrency: Security Guide
You've made the smart move to invest in cryptocurrency. Now comes the even more important question: where do you store it?
The way you answer this will determine the security of your entire portfolio. It’s a choice that can feel overwhelming, with terms like "hot wallets," "cold storage," and "private keys" creating more confusion than clarity.
Let's cut through the jargon. As your guide, I'm not just going to list options. I'm going to give you a simple, powerful framework to help you build the right security strategy for your specific needs.
It's Not a Place, It's a Strategy
The first thing to understand is that the "best place" isn't one place. The smartest crypto investors use a hybrid strategy. Think of it like managing your traditional money:
- You keep some cash in your wallet for daily spending (a hot wallet).
- You keep most of your money in a secure, insured bank for easy access (a top-tier exchange).
- You might keep your most valuable assets, like gold bars or important documents, in a private vault (cold storage).
Your crypto is no different. Let's look at the options on this security spectrum.
1. On a Secure Exchange (Like BYDFi) - The "Checking Account"
This is the most common and convenient way to store your crypto. When you buy crypto on an exchange, it's held for you in a wallet managed by that platform.
- Best for: Active traders, beginners, and holding funds you plan to use soon.
- Pros:
Convenience: Extremely easy to buy, sell, and trade your assets instantly.
No Lost Keys: You don't have to worry about losing a complex private key; you log in with a username and password.
- Cons:
Not Your Keys, Not Your Coins: Technically, the exchange holds the final private keys.
- The BYDFi Difference: This is where choosing a top-tier exchange is critical. At BYDFi , we mitigate the risks with industry-leading security, including multi-factor authentication, holding the vast majority of user funds in offline cold storage, and comprehensive insurance funds.
2. Software Wallets - The "Personal Wallet"
These are apps you install on your computer or phone (like MetaMask or Trust Wallet). You are in 100% control of your private keys.
- Best for: Interacting with DeFi, NFTs, and dApps.
- Pros: Full control over your assets.
- Cons: You are solely responsible for security. If your computer gets a virus or you lose your "seed phrase" (your master password), your funds could be lost forever.
3. Hardware Wallets - The "Private Vault"
This is the ultimate answer to "how to store crypto offline." A hardware wallet (from brands like Ledger or Trezor) is a small physical device that keeps your private keys completely disconnected from the internet.
- Best for: Long-term "HODLing" of large amounts of cryptocurrency.
- Pros: The highest level of security possible. Your keys never touch an internet-connected device, making them immune to online hacking.
- Cons: Inconvenient for active trading; requires a small investment in the device itself.
The Expert's Choice: The Hybrid Strategy
So, what’s the best way? It’s not choosing one—it’s using them together strategically.
- Decide Your Allocation: Determine what percentage of your crypto is for long-term holding and what is for active trading or spending.
- Secure Your Core: Move the long-term portion to a hardware wallet. This is your vault.
Use a Trusted Hub: Keep your active trading funds on a highly secure and regulated exchange like BYDFi. This is your secure "checking account" for market activities.
This approach gives you the best of both worlds: elite security for your core holdings and liquid convenience for your trading activities.
Open your BYDFi account and experience the peace of mind that comes with a top-tier, security-focused platform.
2026-01-16 · a month ago0 1587Top 5 Most Trusted Ordinals Wallets to Secure Your Bitcoin NFTs in 2025
Casey Rodarmor’s Ordinals protocol has revolutionized how digital artifacts—unique inscriptions on individual satoshis—are created and traded on the Bitcoin blockchain. While running a full Bitcoin node is the recommended way to participate, it’s often impractical due to high storage needs and technical complexity. That’s where Ordinals wallets come in, offering an accessible and secure way to store, manage, and trade these digital treasures without the heavy lifting.
To help you get started safely, here’s a rundown of five trusted Ordinals wallets that stand out in 2025 for their features, security, and user experience.
1. The Ordinals Wallet
Launched on February 16, 2023, The Ordinals Wallet is a community-funded, non-custodial wallet designed specifically for Bitcoin Ordinals. It lets users hold, view, send, and even buy and sell Ordinals all within one intuitive interface. With over 470,000 wallets created and more than $82 million in trading volume, it’s a proven platform for collectors and traders alike.
2. Xverse Wallet
Xverse is a Bitcoin Web3 wallet that supports Ordinals without requiring a full node. Launching its Ordinals service just before The Ordinals Wallet, Xverse focuses on combining advanced Bitcoin wallet features with robust Ordinals support. It also integrates a fiat on-ramp, allowing users to buy Bitcoin and pay transaction fees directly within the app.
3. Hiro Wallet
Hiro Wallet was an early entrant into the Ordinals space, launching its services on February 14, 2023. It offers secure storage and management for Bitcoin and Ordinals NFTs, with compatibility across popular Ordinals platforms like Gamma and OrdinalsBot. The wallet also supports Stacks and will soon integrate Lightning Network features.
4. MetaMask with Generative XYZ Integration
Though traditionally an Ethereum wallet, MetaMask now supports Bitcoin Ordinals through its integration with Generative XYZ. This setup allows users to link their MetaMask wallet to generate Bitcoin Taproot keys securely, giving full control over Ordinals assets. For enhanced security, users can combine MetaMask with hardware wallets like Ledger or Trezor.
5. OKX Wallet
OKX Wallet offers a multichain experience with full support for Bitcoin Ordinals, integrating seamlessly with the Taproot upgrade. Beyond Bitcoin, it supports over 50 blockchains, simplifying asset management for users. OKX also allows easy purchase and staking of BRC-20 tokens, making it a versatile choice for active traders.
Final Thoughts
The rise of Bitcoin Ordinals has opened exciting new frontiers for digital art and collectibles. Choosing the right Ordinals wallet is crucial to securely store and manage your digital artifacts. Whether you prioritize ease of use, security, or multi-chain support, wallets like The Ordinals Wallet, Xverse, Hiro, MetaMask with Generative XYZ, and OKX Wallet offer trusted solutions tailored to different needs.
By selecting a wallet that fits your style and following best security practices—such as using hardware wallets and enabling two-factor authentication—you can confidently participate in the growing Ordinals ecosystem.
Ready to learn more about trading strategies and crypto safety? Check out BYDFi for beginner tutorials, expert insights .
2026-01-16 · a month ago0 0884
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