–News Direct–

At this months Blockchain Life Dubai conference, Bitget Wallets Chief Operating Officer Alvin Kan joined industry experts from SafePal, Ledger, Trust Wallet, Telegram Wallet, and CoinTelegraph journalists to discuss strategies for building more secure and user-friendly decentralized wallets. The discussion revolved around the comprehensive application of various wallet technologies, including hot wallets, cold wallets, MPC wallets, AA wallets, and multi-signature wallets.

Kan emphasized the widespread security vulnerabilities in the Web3 environment, pointing out that every operation carries the risk of privacy leakage.

In order to build a secure wallet platform, a comprehensive and systematic security solution has to be implemented, he said on the panel at the conference. This means ensuring that security measures are introduced at every stage of the users journey, and at every phase on the back-end as well, to ensure thorough construction, expansion, and re-evaluation of the wallets security parameters.

Kan provided a detailed analysis of Bitget Wallets security array, and outlined some of the common causes of asset loss, which often stem from incidents such as losing ones private key, unknowingly signing malicious contracts, and interacting with fraudulent DApps or tokens. To address these issues, Bitget Wallet has implemented a suite of security measures, including the introduction of keyless MPC Wallets, as well as hardware wallet connectivity and strong partnerships with renowned security partners in the industry to conduct rigorous audits for the core codes of the wallets Swap and NFT Marketplace. Additionally, the wallet also shares in a $300 million user protection fund with Bitget, further enhancing its risk resistance capability.

Explaining that these features are not simply an add-on but a mandatory requirement in todays Web3 climate, Alvin stressed that it is imperative for builders and developers to pay close attention to the growing risks in Web3. As threats become more complex and covert, it is important for projects to introduce not just reactionary, but also pro-active measures to ward against these threats. Examples cited included Bitget Wallets use of in-built risk alerts for potentially dangerous tokens and DApps, and even Flashbots to combat potential Maximum Extractable Value (MEV) attacks on the Ethereum blockchain. For popular Bitcoin on-chain assets over the past six months, asset isolation and DApp interaction isolation measures have also been implemented by the wallet to prevent users assets from being mistakenly transferred or burned, according to Kan.

The war against malicious activity does not stop there, however. On the panel, Kan also emphasized the significance of providing adequate educational material for users, so that users themselves may keep themselves updated on the latest threats on Web3. This also forms part of the overall user experience, which should be kept smooth and uninterrupted, even against the backdrop of a robust security array.

When designing a wallet, it is crucial to find the optimal balance between convenience and security, Alvin said as he closed off the panel discussion. We need to constantly keep ourselves updated on the latest technologies and methodologies employed by malicious actors, and implement proactive prevention measures under the hood that can be kept both seamless and targeted to still maintain a smooth user experience.

About Bitget Wallet

Bitget Wallet is Asias largest and a leading global Web3 wallet with over 20 million users worldwide. It offers a comprehensive range of features, including asset management, intelligent market data, swap trading, launchpad, inscribing, and DApp browsing. Currently, it supports more than 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet enhances liquidity by aggregating it across hundreds of top DEXs and cross-chain bridges, facilitating seamless trading on nearly 50 blockchains.

For more information, visit: Website | Twitter | Telegram | Discord

Contact Details

Bitget

Rachel Cheung

[email protected]

Company Website

https://www.bitget.com/

View source version on newsdirect.com: https://newsdirect.com/news/bitget-wallets-chief-operating-officer-presents-web3-wallet-security-strategies-at-blockchain-life-dubai-961601008

Bitget

COMTEX_451290504/2655/2024-04-23T12:35:36

New Expert Advisor Utilizes Advanced Grid Trading Strategy to Enhance Trading Efficiency and Profitability

Dubai, United Arab Emirates, 23rd Apr 2024 – In an exciting development for forex traders and financial technology enthusiasts, Avenix Fzco has officially launched Majestic EA, its state-of-the-art Expert Advisor for the MetaTrader 5 platform. This innovative trading software is designed to revolutionize the way traders engage with forex markets, offering an advanced grid trading strategy combined with superior automation capabilities.

Majestic EA’s introduction into the market comes at a time when traders are increasingly seeking automated solutions that can offer precision, reliability, and ease of use. The software’s grid trading approach allows for the execution of multiple trading positions at varying price levels, providing significant opportunities for profit while managing potential risks. This method proves especially effective in capturing gains in a fluctuating forex environment.

Majestic EA, an advanced forex robot for MetaTrader 5, features several key functionalities to enhance forex trading. It operates 24/7, ensuring that no profitable trading opportunities are missed due to downtime. Additionally, it offers customizable strategies, allowing traders to adjust trading parameters and risk levels according to their individual preferences and goals. The system also performs real-time market analysis, automatically adapting its strategies to optimize trading effectiveness in response to market conditions.

The launch is accompanied by a promotional offer, slashing the price of Majestic EA from $8,000 to $4,000. This initiative is aimed at making advanced trading technology accessible to a broader audience, from novice traders to seasoned professionals. More details can be found here.

Majestic EA is more than just a tool; it represents a pivotal shift in automated forex trading. By handling complex trading strategies and decision-making processes, Majestic EA allows traders to focus on refining their strategies and scaling their trading operations.

About Avenix Fzco

Avenix Fzco is a leader in developing forex trading solutions that combine innovation with user-friendly interfaces. The company is dedicated to providing tools that traders of all levels can use to increase their trading accuracy and efficiency. For more information about Majestic EA, visit majesticea.com.

Media Contact

Organization: Avenix Fzco

Contact Person: Robert Swanton

Website: https://majesticea.com/

Email: [email protected]

City: Dubai

State: Dubai

Country: United Arab Emirates

Release Id: 23042411328

The post Majestic EA Debuts Revolutionary Forex Trading Automation on MetaTrader 5 appeared first on King NewsWire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

Zurich, Switzerland, 23rd April 2024, ZEX PR WIRE, Biceps Coin has announced a unique feature for its $BICS token holders. By holding at least 50 million tokens, $BICS holders can earn additional Bitcoin rewards. 

Thanks to Bitcoin’s popularity and growth over time, many early investors are already looking into this young project. With a 3-phased roadmap, Biceps Coin wants to establish itself as a sustainable and profitable contributor to the Bitcoin ecosystem.

Bitcoin Rewards for $BICS Holders

The Biceps Coin project’s core is a direct link to the Bitcoin world. The project rewards all holders with Bitcoin if they hold a certain amount (50 million $BICS tokens minimum). 

Every transaction made with the token generates a fee that the system converts into Bitcoin and shares among $BICS holders. This unique feature can potentially drive future growth for both the token itself and Bitcoin. 

The team shared a compelling example of how this could work in practice. If $BICS has a 1 million daily trading volume, that would mean an automatic purchase of $27,000 worth of Bitcoin. As more and more people hold the token to receive Bitcoin rewards, this amount will continue to increase over time. 

There are already several hints to the success and potential impact of this project in the market:

• Biceps Token has over 2.4k holders and has recently been on a bullish trend
• The token completed the listing process on both CoinGecko and CoinMarketCap
• The team has applied for a Certik audit to further validate its sustainable foundation 
• Recently, the token went live on the Bitmart exchange
• Biceps Token has gained public visibility, appearing on New York Times Square big screens and SpaceX billboards. 

The coin is fully decentralized, with all tokens pooled in pancakeswap, making it deflationary and impossible to manipulate. Additionally, the contract is renounced, meaning no entity has control over the token supply.

Tokenomics and Future Plans

The project’s token ($BICS) has strong tokenomics, with a total supply of 1,000,000,000,000 tokens.

There is a small tax of 4.9% on all buys and sells, but no tax on transfers. Of this 4.9% tax, 2.7% will automatically become BTC and go to $BICS holders.

Additionally, a 0.8% tax will fund buybacks, development, and marketing efforts.

The token also has a deflationary mechanism, with 1.4% of every transaction being burned forever. This trick adds scarcity to the token, potentially increasing its value over time. 

The project also has a strong roadmap. Specifically, the team mentioned plans for partnerships, listings on major exchanges, and even physical product collaborations with gym partners. 

The team behind Biceps (BICS) focuses on creating a strong image for the token through various marketing efforts. These include TikTok campaigns and billboards in New York City. 

In the future, the team plans to continue with strong marketing and partnerships and list on more exchanges. 

Overall, Biceps (BICS) is a decentralized project with a strong focus on community. The team plans to keep the power in the hands of its users and has renounced ownership of the contract. This strategy makes Biceps Coin a truly decentralized ecosystem. 

About Biceps Coin

Biceps Coin is marketing itself as “the easy Bitcoin miner.” The idea is simple: holding onto $BICS will generate additional Bitcoin for every buy and sell. Users must buy a minimum of 50,000,000 $BICS to participate. 

This process is straightforward and eco-friendly, with no need for expensive rigs. The project runs on the BNB Chain and is 100% decentralized. 

The team behind Biceps Coin has renounced ownership of the contract, giving all power to the community. With a strong roadmap, the project plans to establish itself as a sustainable contributor to the Bitcoin ecosystem.

The first step in joining this Biceps Coin is to learn more about it on its official website. Furthermore, the social media channels below are helpful to receive the latest news on the project. 

X (Twitter) | Telegram