Crypto
Bitlock Unveils Telegram-Native Multi-Chain Wallet Focused on Privacy
With advanced built-in security features, trusted token sniping, and cross-chain interoperability, Bitlock positions itself as the ultimate high-performance wallet for traders and DeFi enthusiasts who value complete control and anonymity.
Power (Back) To The Users
Over the past decade and a half, the crypto wallet landscape has evolved dramatically. As more platforms pursue mainstream adoption, users are increasingly asked to sacrifice their privacy, accept custodial risk, or juggling multiple tools—even devices—to complete a trade.
Bitlock, a new multi-chain wallet, is flipping that script. Rather than layering on more browser extensions or KYC hoops, Bitlock strips the wallet experience down to what matters: speed, control, and anonymity.
Designed for both crypto newbies and veterans—either traders, memecoin aficionados, or DeFi users—Bitlock combines professional-grade tools, cross-chain compatibility, and a privacy-first architecture within a sleek interface. And it’s based on Telegram.
“Bitlock is your private crypto arena,” the team said in a statement. “A self-custodial command center built for speed, stealth, and serious trading—no extensions, no data trails. Just pure control in your hands.”
Users can enjoy full custody of their private keys, significantly diminishing the risks associated with centralized attacks, leaving them with greater autonomy over their assets.
Telegram-Native, But Built For Expansion
Besides X, Telegram has emerged as one of the leading hubs for crypto culture. It’s fast, permissionless, and user-oriented – exactly what wallets should be, too.
At its launch, the Bitlock wallet has integrated directly into Telegram’s vibrant ecosystem, enabling users to trade, snipe, and manage assets across multiple chains—all without ever leaving the app and with actions synced across devices.
According to the team, it’s about giving users options right where they already are and spend a lot of their time—thus eliminating the friction that typically slows down real-world crypto adoption.
But Bitlock is not confined to the messaging app. In the second phase of its rollout, scheduled for early next year, the wallet will expand further with a dedicated mobile app and browser extension, enhancing its impact across various platforms.

A Multi-Chain Universe In A Single Arena
While many platforms and wallets do offer multi-chain support, they come with varying levels of complexity. Bitlock, on the other hand, is laser-focused on seamless UX, convenience and swift execution – it handles the heavy lifting of cross-chain transactions behind the scenes, so that users can bypass third-party platforms and transact across different networks with just a few clicks.
In its launch version, Bitlock supports asset moves across popular chains like Ethereum, Base, BNB Smart Chain, Polygon, and Solana. As the wallet evolves and adds new features, it will integrate more top-tier chains, including Arbitrum and Sui.
Memecoin Sniping with a Shield
Built as a one-stop shop for community-first cryptocurrency and memecoin trading, Bitlock will soon integrate popular token-generating ecosystems, such as Pump.fun and others, directly into the wallet, allowing users to trade early-stage memecoins with unparalleled speed and convenience. Additionally, it will serve as a launchpad for promising projects and respective tokens, continually expanding the spectrum of choice for eager investors.
Thanks to token sniping, one of Bitlock’s most distinctive features, users will be able to tap into new token pools straight from their wallet at the launch moment – crucial for high-frequency traders and memecoin enthusiasts.
But there’s more to it. The wallet’s sophisticated fraud detection layer filters out risky or malicious tokens before users could even access them.
This powerful automation-security combo makes Bitlock one of the first crypto wallets to natively support real-time token sniping while protecting against scams like honeypots and rug pulls – an invaluable feature in a myriad of daily token launches across the crypto space.
Advanced Trading For Everyone
On the crypto trading front, Bitlock has set out to provide an impressive arsenal of tools for crypto traders who value accuracy and swift execution, aiming to reduce slippage and maximize profits. This includes integrated limit buy and sell orders, as well as copy trading functionality, which is planned for release in the coming months.
With a special focus on UX and adoption, Bitlock’s copy trading feature will allow users to replicate strategies from top-performing traders with just a few clicks, which will ultimately lower the entry bar for newbies and streamline portfolio-building for everyone.

Bitlock Token: Calling Early Adopters
Bitlock’s native token, planned for launch in late 2025, is designed as a both utility and governance asset to support the wallet’s functionalities while giving users the opportunity to participate in its evolution.
Token holders will enjoy incentives, such as passive income from daily wallet-generated fees, up to 50% trading fee reductions, and exclusive benefits tied to ecosystem participation.
Additionally, they will be able to vote on future product developments, integrations, and its positioning in the ecosystem.
The Bitlock team is planning a series of targeted airdrops where a substantial portion of the initial token supply will be allocated to early adopters and engaged community members. The more users engage with the wallet, test its features, and provide feedback in the vibrant community channels, the greater the rewards they could receive at token launch.
More Than A Wallet
Bitlock is built for users who move fast, think tactically, and want a platform that works the way they do. The private crypto arena is a Telegram-native, self-custodial wallet built for speed, stealth, and pro-level trading. Core features include:
- Multi-Chain Support: Trade on Ethereum, Base, BNB Smart Chain, Solana, (soon also Arbitrum and Sui),
- Token Sniping with Scam Protection: Snipe newly launched tokens straight from the wallet and stay safe from scammers.
- Pro-Level Trading Tools: Trade with limit buy and sell orders, soon by copying popular traders, too.
- Launchpad Access + Protocol Integration: Invest in promising projects and new tokens across the ecosystem without leaving the app.
- Privacy by Default: No KYC, no browser history, no server-side tracking. Just user power over assets, safety and speed.
Crypto
Cross River Bank Unveils Stablecoin Infrastructure Platform, Calling It “the Future of Finance”
Cross River Bank, one of the United States’ leading fintech and banking infrastructure providers, has launched a new stablecoin payments platform designed to merge traditional finance with blockchain technology. Announced on November 24, 2025, the system aims to give businesses a unified way to handle fiat and stablecoin transactions without relying on fragmented providers or slow legacy processes.
A Unified Rails System for Fiat and Blockchain
The new platform integrates directly into Cross River’s real-time banking core, COS, enabling on-chain settlement, merchant payouts, crypto on-/off-ramps, and treasury management in one place. Companies can move funds across blockchain networks and bank payment rails while maintaining federally regulated compliance standards.
This interoperability addresses long-standing inefficiencies in stablecoin operations—such as pre-funding requirements, high capital costs, and disjointed vendor stacks—that have hindered broader adoption despite annual stablecoin volumes surpassing $20 trillion.
Why It Matters for the Future of Finance
Cross River’s Head of Crypto, Luca Cosentino, said the launch eliminates the “inefficient choices” companies previously faced when adopting on-chain finance. CEO Gilles Gade emphasized that the bank is “reimagining every corner of banking,” positioning this platform not only as a payments upgrade but as infrastructure for future blockchain-based financial services.
Who Can Access It?
The platform is initially open to approved fintechs, enterprises, and crypto-native firms, with wider geographic availability expected. It extends Cross River’s long-running strategy of supporting digital asset integrations while staying fully within the U.S. regulatory perimeter.
As institutional interest in digital assets accelerates, Cross River is positioning itself as a key bridge for the next generation of on-chain financial services—combining programmability and blockchain speed with bank-grade trust.
Crypto
Tether’s 116-Ton Gold Reserve Now Rivals National Central Banks: Jefferies
Tether has quietly become one of the world’s largest private gold holders, amassing 116 tons of physical gold — a reserve size comparable to the central banks of South Korea, Hungary, and Greece, according to an analysis by Jefferies shared via the Financial Times.
Jefferies notes that Tether is now “the largest holder of gold outside central banks,” and its rapid accumulation may be influencing global gold markets more than previously recognized. The firm estimates that Tether’s purchases last quarter accounted for nearly 2% of total global demand and almost 12% of all central bank buying, contributing to short-term supply tightening and bullish market sentiment.
Investors expect Tether to acquire an additional 100 tons in 2025, a target made feasible by the company’s projected $15 billion profit this year.
Tether Expands Deeper Into the Gold Industry
This year alone, Tether has spent over $300 million acquiring stakes in precious-metal producers, including a 32% stake in Canada’s Elemental Altus Royalties. The company is reportedly exploring broader investments across the gold ecosystem — from mining to refining — as part of its strategy to diversify reserves beyond U.S. Treasurys.
Tether’s gold-backed token Tether Gold (XAUt) has also seen rapid growth. On-chain data shows issuance doubling in six months, with an additional 275,000 ounces (worth ~$1.1 billion) minted since August. Tether argues that tokenized gold removes traditional barriers such as custody, storage, and ETF fees.
A Stablecoin Issuer Behaving Like a Central Bank
Tether’s operational model increasingly mirrors that of a sovereign monetary authority. The company mints and redeems USDT, manages vast reserves — including gold, Bitcoin, and short-term U.S. Treasurys — and even exercises powers like freezing addresses linked to illicit activity.
With its expanding gold portfolio and influence on global liquidity, Tether’s role is beginning to resemble that of a non-state central bank in the digital asset economy.
Crypto
Upbit Faces $32 Million Hack, Exchange Vows Full Repayment to Users
Upbit, South Korea’s largest cryptocurrency exchange, has confirmed a major security breach in which attackers stole roughly 44.5 billion KRW ($32–38 million) worth of Solana-based tokens on November 27, 2025. The incident has reignited concerns over hot-wallet vulnerabilities and shaken confidence across the Korean crypto market.
A Major Breach and Immediate Response
According to Upbit operator Dunamu, the unauthorized withdrawals were detected quickly, prompting the exchange to freeze deposits and withdrawals and move remaining assets to cold storage. CEO Oh Kyung-seok reassured users that all losses will be covered in full using Upbit’s own reserves, stating:
“We immediately identified the extent of the digital asset outflow… and will cover the entire amount with Upbit assets to ensure no damage to members.”
The exchange has since partnered with local law enforcement and blockchain security firms to track and freeze the stolen funds.
Impact on Solana Markets and Korean Traders
The hack triggered sharp disruptions in trading activity, particularly on Solana-based tokens, which began trading at notable premiums on Upbit. With arbitrage bots halted and deposits disabled, Korean prices temporarily drifted far above global averages.
Market sentiment also weakened, with Solana and related ecosystem tokens experiencing immediate price declines internationally as traders reacted to news of the breach.
Historical Context and Outlook
This is not Upbit’s first major incident—the exchange was previously hacked in 2019, an attack later linked to North Korean state-backed groups. The recurrence has reignited debate about hot-wallet security standards in centralized exchanges.
In response, Upbit says it is accelerating system audits and reviewing infrastructure upgrades. Industry analysts expect the breach to influence upcoming security guidelines, exchange risk management frameworks, and wallet-segmentation standards in South Korea.
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