Cryptocurrency
SafeWallet Announces Updated Application for Secure Cryptocurrency Management
[PRESS RELEASE – Dubai, UAE, October 2nd, 2024]
SafeWallet, a leading non-custodial cryptocurrency wallet, has released an updated version of its app. This release enhances functionality and security, allowing users to manage digital assets more effectively. Trusted by thousands.
What’s New in SafeWallet?
The updated SafeWallet brings a number of improvements and new features. The application supports the most popular cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), Tron (TRX), and many other tokens. They constantly expand the list of supported assets, adding new tokens as they become popular. The app also includes smooth animations that improve user experience, making asset management more intuitive and visually engaging.
One of the key updates is the addition of new tools for asset management. Users can now track their investments, analyze current rates and forecasts, and perform Ethereum blockchain exchanges with minimal fees. SafeWallet is integrated with leading decentralized exchanges, allowing users to trade cryptocurrencies without trusting their assets to centralized platforms.
Convenience and Usability
SafeWallet is designed for both beginners and experienced users. The app now offers customizable features: users can manage token displays, change token order, address placement, and even rename tokens, tailoring the app to their preferences.
SafeWallet provides users with the ability to flexibly manage the appearance of the application. On the token homepage, users can enable or disable token displays, change their order, manage the placement of addresses within each token, and even rename them. This makes the app experience highly customizable, allowing each user to tailor the interface to their preferences.
Additionally, SafeWallet makes cryptocurrencies accessible to everyone, regardless of knowledge or experience. The company is actively developing educational materials to help users better understand how blockchains, tokens work, and how to safely use these technologies in everyday life. The app includes detailed instructions and tips for working with cryptocurrencies, making it an ideal choice for beginners.
SafeWallet offers users a unique feature to generate personalized addresses on the TRC-20 network. When creating an address, users can choose the last three characters, making their address unique and memorable. This not only adds an element of individuality but also provides a convenient way to identify wallets during transactions.
Security and Privacy
Security is SafeWallet’s top priority. Unlike other wallets, SafeWallet does not require KYC, allowing users to remain anonymous while fully controlling their private keys. This prevents third-party access and ensures privacy.
SafeWallet uses advanced encryption to protect data and transactions, minimizing risks associated with cryptocurrency theft or loss. The application is continuously evolving, with the team regularly introducing new technologies to further enhance user security.
Support and User Interaction
The SafeWallet team is committed to providing top-notch customer service. Users can rely on round-the-clock support via chat and email. In case of any questions or issues, the support team will promptly resolve them, which is especially important for those just getting started in the world of cryptocurrencies.
SafeWallet is also building an active user community, giving them access to forums, discussions, and the latest crypto news. This allows users to stay up to date with the latest trends and events in the digital asset world while sharing their experiences and knowledge.
Additionally, SafeWallet has integrated Wallet Connect, which allows users to easily connect to decentralized applications and interact with DeFi services directly from the wallet, simplifying the process of working with various blockchains and platforms.
SafeWallet’s Future Plans
SafeWallet is actively working on further development and plans to introduce even more features in the near future. Planned improvements include expanded support for additional cryptocurrencies, the ability to use multi-signatures to enhance transaction security, and integration with decentralized financial tools (DeFi).
The company also plans to introduce new market analysis tools that will allow users to make more informed decisions about managing their assets. SafeWallet aims to become not just a storage wallet for cryptocurrencies, but a full-fledged platform for interacting with the financial products of the next generation.
Secure Solution
SafeWallet strengthens its position as a trusted, non-custodial wallet. With each update, it becomes more functional, providing full control over assets and reducing risks from centralized platforms. Through innovation and constant improvement, SafeWallet remains a reliable solution for secure cryptocurrency management.
About SafeWallet
SafeWallet is an innovative non-custodial cryptocurrency wallet that offers users full control over their digital assets. The wallet supports a wide range of cryptocurrencies and allows users to securely conduct transactions without third-party involvement. SafeWallet was created with the goal of providing a simple and reliable tool for anyone who wants to manage their crypto assets safely.
Website – https://safecryptowallet.io
X – https://twitter.com/intent/follow?screen_name=safewallet_io
Telegram User – @SafeWalletCommunity
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Cryptocurrency
Ripple (XRP) Price Prediction for This Week
XRP seems to have found support around 50 cents. Can buyers push the price higher this week?
Key Support levels: $0.50
Key Resistance levels: $0.54, $0.68
1. Price Finds Support
After a sharp fall last week, bulls appear to be back. XRP opened this Monday in green and is keen to return on an uptrend. As long as the key support at 50 cents holds, buyers have a good chance to return on the offensive.
2. Sellers are Retreating
Early October saw a spike in sell volume, but now sentiment across the market is improving, which could see the momentum shift back into the bulls’ favor. If so, buyers can aim to take XRP back above 60 cents. However, once there, sellers could return, as in late September.
3. MACD Momentum Shifting
After a difficult start this month, the momentum on the daily MACD is showing the first signs of a reversal, with a histogram making higher lows. If this trend continues, buyers could soon take over the price action and push XRP to break higher again.
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Cryptocurrency
The Unexpected Crash of Bitget’s BGB Price: CEO Speaks Up, Promises Compensation
The price of Bitget’s BGB token unexpectedly dropped by 50% on the morning of October 7 before beginning to recover.
The platform has announced that it will compensate users for any losses resulting from the sudden volatility, which is still under investigation.
Exchange Promises Full Compensation
According to CoinGecko data, the incident saw the token’s value fall from $1.14 to $0.64 before staging a quick recovery. In a post on X, Bitget addressed the situation, saying, “BGB experienced unexpected volatility today due to market conditions, but the price has quickly stabilized.”
The platform reassured its users, promising to fully compensate for any asset losses. It also announced that a detailed compensation plan would be released within 24 hours, with the entire process set to be completed within 72 hours.
Bitget CEO Gracy Chen reiterated this message in a separate X post:
“The incident is still under investigation, but I want to assure everyone affected that we will not let any Bitget users suffer losses.”
Chen emphasized that Bitget’s overall standing remains strong, noting that the platform achieved a global market share of 11% in the third quarter of 2024, making it the fourth-largest exchange globally. Additionally, it boasts an asset reserve exceeding 176% and holds the second-largest protection fund globally, which is designed to compensate users quickly in the event of such incidents.
The Nature of Flash Crashes
Meanwhile, this incident mirrors a past development that occurred earlier this year with OKB, the native cryptocurrency of the OKX exchange. The token faced sudden price collapses, falling from a high of $48 to $25 within hours. The event was reportedly triggered by several large leveraged position liquidations, leading to further sell-offs and price declines.
At the time, OKX responded by reassuring its users that it would compensate them for the losses incurred from the unusual liquidation. While OKB’s crashes were linked to market-wide volatility, Bitget has yet to pinpoint the exact cause behind today’s event.
A cryptocurrency “flash crash” occurs when several holders rapidly sell a specific crypto asset, surpassing buyer demand and causing the price to drop sharply in a short amount of time. Unlike a typical collapse, the price usually recovers quickly, often returning to a level close to where it started.
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Cryptocurrency
Blockchain Life 2024 in Dubai: A Gathering of Market Insiders Ahead of the Bull Run
[PRESS RELEASE – Dubai, UAE, October 7th, 2024]
On October 22-23, the Blockchain Life 2024 forum will take place in Dubai. Over 10,000 participants from 120 countries will come together for the crypto event to share industry insights on the eve of Bull Run 2025.
Participants will hear from leading voices in the blockchain space, who will share market analysis on market trends and potential future developments.
Confirmed figures include:
- CEO Tether – Paolo Ardoino
- Co-Founder Animoca Brands – Yat Siu
- CEO Ledger – Pascal Gauthier
- CEO Cardano Foundation – Frederik Gregaard
- CEO Dubai Blockchain Center – Dr. Marwan Alzarouni
- Co-Founder Litecoin Foundation – Xinxi Wang
- CEO Vechain – Sunny Lu
- CEO of dYdX Foundation – Charles d’Haussy
- Founder Listing.Help, Jets Capital – Sergei Khitrov
- Founder DWF Labs – Andrei Grachev
- Co-Founder Tezos – Arthur Breitman
- CEO Trust Wallet – Eowyn Chen
- Co-Founder Osmosis Labs – Sunny Aggarwal
- Co-Founder of Sui (Mysten Labs) – Kostas Chalkias
- Head of Investments at Maelstrom Fund – Akshat Vaidya
- Founder Notcoin – Sasha Plotvinov
- Co-Founder, CEO Celestia Labs – Mustafa Al-Bassam
- Google Cloud – Tiago Henriques
- Program Lead MetaMask – Zied Brini
In addition to the lineup of speakers, Blockchain Life 2024 is also set to include behind-the-scenes discussions that will provide an opportunity for networking and exchanging information on the latest advancements in the sector.
The forum is coming soon. Readers can purchase tickets with a 10% discount using promo code chainwire.
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