Bybit Hack Highlights Want For Self-Custody As Web3 Pockets Greatest Pockets Soars Previous $10.5M In Presale

The Greatest Pockets ($BEST) presale hit $10.5 million in funding on Monday, extending a streak of surging funding.

The most recent inflow of capital follows the Bybit hack, which noticed $1.4 billion in funds stolen from the change.

This underscores the rising demand for self-custody wallets as a safer method to shield digital belongings. Greatest Pockets not solely gives this safety but additionally options which have made it a best choice amongst traders in lower than a 12 months.

Presently, Greatest Pockets’s funding stage costs every token at $0.0241 for the subsequent 11 hours earlier than the subsequent spherical will increase the value.

With the presale working for over three months, Greatest Pockets could also be nearing its funding purpose. Lacking out now – whereas $BEST is at certainly one of its lowest costs – may very well be like passing on a presale for a greater model of MetaMask.

Bybit Hack To Hasten Shift To Non-Custodial Options Like Greatest Pockets

Dubai-based Bybit suffered a hack on February 21 that drained its ETH chilly pockets. The attacker, believed to be North Korea’s Lazarus Group, used a “masked” URL to trick signers into making it seem reliable by means of Secure. 

By altering the contract logic, the hacker was in a position to take management of the chilly pockets. 

Following the assault, Bybit moved shortly to revive its skill to again investor belongings 1:1. In keeping with Lookonchain, the change acquired 446,870 ETH – value $1.23 billion at present costs – by means of loans, massive deposits, and ether purchases over the previous two days.

Since being hacked, #Bybit has acquired ~446,870 $ETH($1.23B) by means of loans, whale deposits, and ETH purchases.#Bybit has practically closed the hole. pic.twitter.com/0oz3ytLi4X

— Lookonchain (@lookonchain) February 24, 2025

The incident highlights the rising sophistication of hacks concentrating on multi-signature chilly storage options. 

Former Binance CEO CZ identified that regardless of utilizing completely different multi-sig suppliers, each WazirX and Phemex suffered related breaches, underscoring the rising dangers within the business.

CZ careworn the significance of customers safeguarding their belongings, referencing a 2020 article he wrote on the basics of doing so. Final week, he additionally inspired utilizing wallets for each day crypto transactions quite than relying completely on exchanges, which stay prime targets for assaults.

Some ideas on the latest hack(s).

There’s a sample the place hackers have been in a position to steal massive quantities of crypto from multi-sig “chilly storage” options, as with ByBit, Phemex, WazirX and probably others. In the newest ByBit case, the hackers have been in a position to make the…

— CZ 🔶 BNB (@cz_binance) February 22, 2025

Amid these developments, the brand new non-custodial Web3 pockets Greatest Pockets has seen a surge in presale purchases, pushing it nearer to its funding purpose.

This inflow of contemporary capital isn’t simply because of the crypto pockets’s self-custody options, which assist traders keep away from exchange-related dangers, but additionally due to its superior capabilities, setting it aside from older-generation wallets within the house.

Greatest Pockets Has Superior Safety And Transaction Capabilities

Greatest Pockets has constructed a robust popularity, attracting over 500,000 customers since its launch lower than 12 months in the past.

A lot of its success comes from its superior capabilities, that are more and more priceless in as we speak’s crypto market.

In terms of transactions, Greatest Pockets stands out with lowered charges, making it extremely aggressive. Customers can additional profit from decrease prices by holding $BEST tokens. Its in depth integration with over 200 decentralized protocols and 20 cross-chain bridges additionally ensures quick transaction speeds.

Greatest Pockets can be a frontrunner in on-ramping, providing customers fast and simple conversion of over 100 fiat currencies to crypto on the lowest change charges and processing charges available in the market.

Because the latest Bybit hack demonstrated, reliance on exchanges can create market panic, making self-custody options extra interesting.

Past performance, Greatest Pockets prioritizes consumer expertise with a easy, intuitive UI and streamlined transactions.

Its multichain capabilities stand out in two key methods: customers can simply import and handle a number of wallets inside the app and seamlessly conduct cross-chain transactions.

💡 Have to import your pockets into Greatest Pockets? Right here’s how.

Watch our step-by-step tutorial on find out how to import all of your wallets into Greatest Pockets and handle all the pieces in a single place.

This video will present you:
✅ Find out how to import your current wallets
✅ Find out how to handle a number of wallets… pic.twitter.com/j133Pb0Gzb

— Greatest Pockets (@BestWalletHQ) February 23, 2025

One rising crypto undertaking leveraging these options is BTC Bull Token, which permits holders to earn Bitcoin as in the event that they have been working mining operations. By securing the ERC-20 token $BTCBULL, customers obtain $BTC airdrops – all inside a single app.

Upcoming Tokens: Unlocking Alpha Alternatives

One in every of Greatest Pockets’s standout options is its skill to present customers a buying and selling edge.

Whereas CZ means that exchanges needs to be reserved for skilled merchants, Greatest Pockets might eradicate the necessity for them completely as, along with enabling environment friendly each day transactions, it permits customers to commerce straight inside the app.

Moreover, its Upcoming Tokens function additional units it aside by figuring out promising initiatives with long-term buying and selling potential in a crowded market.

Buyers who purchased early into Pepe Unchained ($PEPU) and Catslap ($SLAP), featured in Upcoming Tokens, have seen good points of over 700% and seven,000%, respectively.

BTC Bull Token additionally made the Upcoming Tokens checklist and has already raised $2.75 million in simply two weeks.

🚨 $BTCBULL is Stay in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new value ranges.

With built-in incentives for purchasing, holding, and buying and selling, $BTCBULL provides holders a brand new method to stack BTC.… pic.twitter.com/BMzBHcLltU

— Greatest Pockets (@BestWalletHQ) February 10, 2025

Right here’s How To Purchase $BEST Tokens

To get probably the most out of Greatest Pockets, customers ought to maintain $BEST tokens.

Go to the Greatest Pockets presale web site, join your pockets, and buy $BEST, or purchase it straight inside the Greatest Pockets app.

The app gives a number of methods to amass $BEST, together with purchases with different cryptocurrencies or a financial institution card. Customers can change crypto for ETH or USDT for $BEST.

Obtain Greatest Pockets on Google Play or the Apple App Retailer.

Be part of the dialog on X, Telegram, and Discord.

Study extra about Greatest Pockets.