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A Look Into OKX’s MPC Pay Wallet

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The OKX Pay Wallet is set to launch, aiming to bring cryptocurrency to one billion users. It’s a private keyless wallet using MPC technology, splitting keys into three shares for enhanced security without seed phrase risks. Running on OKX’s Ethereum Layer 2 (X Layer), it focuses on US fairies and USDC payments with low gas fees and fast confirmations. The wallet requires KYC and will introduce a card for payments, blending exchange and on-chain functionality for seamless, private user experience.

Targeting one billion users signals OKX’s ambition to make crypto mainstream, leveraging a user-friendly, keyless wallet to lower entry barriers for non-technical users. MPC technology eliminates seed phrases, reducing risks of hacks or user errors. However, reliance on OKX’s infrastructure could raise concerns about centralization and trust in their key management.

Running on X Layer with low fees and fast transactions could boost DeFi adoption, especially for USDT/USDC payments, but its KYC requirement may deter privacy-focused users. The planned card bridges crypto and fiat, potentially rivaling services like Coinbase Card. Success hinges on merchant acceptance and competitive fees.

OKX Pay positions OKX against giants like MetaMask, Trust Wallet, and Binance, intensifying competition in the wallet space. Its exchange integration could attract users but may lock them into OKX’s ecosystem. KYC compliance aligns with global regulations but could limit adoption in regions with strict or unclear crypto laws, impacting OKX’s global reach.

Heavy reliance on X Layer could drive its adoption, but it ties OKX Pay’s performance to the layer’s scalability and stability, potentially limiting cross-chain flexibility. OKX Pay could reshape crypto payments and wallet security but faces challenges in balancing accessibility, privacy, and regulatory compliance.

Multi-Party Computation (MPC) Technology is a cryptographic technique that allows multiple parties to jointly compute a function over their private inputs without revealing those inputs to each other. In the context of the OKX Pay Wallet, MPC is used to enhance the security of cryptocurrency private keys. Here’s a clear explanation tailored to its application:

How MPC Works in Crypto Wallets

Instead of a single private key (or seed phrase) controlling a wallet, MPC splits the key into multiple “shares” (e.g., three in OKX’s case). These shares are distributed across different entities, such as the user’s device, OKX’s servers, and a third party or backup. No single share can access the wallet on its own. To sign a transaction (e.g., send crypto), a minimum number of shares (e.g., two out of three) must collaborate, ensuring no single entity has full control.

When a transaction is initiated, the parties perform computations on their shares without reconstructing the full private key. The result is a valid signature for the blockchain, keeping the key fragments private. Users don’t manage a seed phrase or private key, reducing risks of loss, theft, or phishing. The wallet feels “keyless” while still being cryptographically secure.

Benefits in OKX Pay Wallet

It eliminates seed phrase vulnerabilities, a common attack vector in crypto hacks. Simplifies onboarding for non-technical users by removing complex key management. Even if one share is compromised (e.g., a user’s device), the wallet remains secure without the other shares. Lost shares (e.g., a lost phone) can be regenerated using backup mechanisms without exposing the full key.

OKX likely holds one share, introducing some trust in their infrastructure. If their servers are hacked or collude, security could be compromised. MPC is computationally intensive, potentially increasing latency or costs compared to traditional wallets. Users rely on OKX’s systems for share management and transaction signing, reducing full self-custody.

Since OKX enforces KYC, MPC shares may be linked to user identities, limiting privacy compared to fully decentralized wallets. Think of MPC like a bank vault requiring three keys held by different people. To open it, two must collaborate, but no one person can access it alone, and the contents stay secret during the process. In OKX Pay, this ensures your crypto is secure without you needing to guard a single, vulnerable key.

MPC’s use in OKX Pay aligns with the goal of making crypto accessible and secure for a billion users, but its reliance on OKX’s infrastructure means it’s not as decentralized as traditional self-custodial wallets.

Tekedia Capital Congratulates Revna Biosciences for AstraZeneca Partnership

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Tekedia Capital congratulates our portfolio company, Revna Biosciences, for a groundbreaking collaboration between AstraZeneca, a global biopharmaceutical company, and the sub-Saharan African leader in precision medicine and advanced diagnostics. This strategic partnership will deepen Epidermal Growth Factor Receptor (EGFR) biomarker testing in Africa, significantly enhancing early diagnosis and personalized treatment for patients with non-small cell lung cancer (NSCLC).

EGFR is a protein that plays a crucial role in cell growth and division. Mutations in the EGFR gene can cause cancer cells—particularly in NSCLC—to grow more rapidly. Testing for EGFR mutations helps physicians determine the best course of treatment, including targeted therapies that offer better outcomes with fewer side effects than traditional chemotherapy.

Tekedia Capital continues to fund the future of Africa by investing in innovative startups which are fixing frictions in the Africa market. To the Revnabio Team, well done!

Dear Entrepreneur, You’re the Product!

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Yes, the best time to audition for a job is when there is no job. And the best time for an entrepreneur to raise money is when he/she is not actively raising money. What you did ten years ago can prevent your classmate or co-worker or uncle or anyone, who may have money to spare, to invest in you.

It comes down to integrity, trust and tenacity; I call this ITT Capital, and it is not built in a day or during fundraising. Rather, these are things which are demonstrated over years in transactional forms in dorms, canteens, etc. Can your classmate give you money? Can your colleague at work do the same? Can your auntie invest in your business? If you think they have the resources but refuse, it is possible your ITT Capital is poor before them.

Investing life is made up of two phases – the transactional and relational. The ITT Capital takes care of the transactional part. If you do well therein, you will unlock the relational component which opens opportunity for investment and ideally a long-term relationship with your investor.

And in that relationship, you must keep answering: Who comes first in a moment of truth? The person who gave you money or you? That woman or man or company which believed in you to give money should at all times come before you. If you have that understanding, you will win the future.

Get it from me. People can only give you money if they respect you. An investor can only invest in YOU if they feel they can work with you. Forget your idea or whatever you think you’re building, the real product and company is YOU. If they do not like YOU – the product – they will not buy those shares (yes, invest in your company). To build a great company, you must first build YOU (i.e. yourself) for investors to have confidence to support your journey.

Airport Maintenance Bays Are Upgrading Power Safety With Ground-Level Busway Drops

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In the airline industry, aircraft maintenance is vital to both safety and reliability. As demand grows for efficient air travel, airports are rethinking how power is delivered within their maintenance bays—spaces that keep operations moving without delays.

One major shift involves replacing overhead cabling with ground-level busway drops. This approach reduces hazards, clears up work areas, and makes daily tasks easier for maintenance crews. Better access to power and fewer obstacles on the floor contribute to a more practical, safer environment for technicians handling time-sensitive repairs.

Why Overhead Cabling Is Being Replaced in High-Risk Maintenance Zones

High-risk spots in maintenance bays, like aircraft jacking points and service pits, come with unique challenges when powered by overhead cabling. That old method can lead to cluttered spaces, raising the chance of accidents for the maintenance teams. Ground-level busway systems offer a cleaner layout, making it easier to organize electrical setups without worrying about cables hanging above.

With a well-designed bus way power system, technicians face fewer tripping hazards and can move freely through maintenance zones. Clear walkways support steady workflows, reducing the chance of delays caused by avoidable incidents. Easy access to tools and equipment not only saves time but also supports safer, more controlled repairs during high-pressure maintenance windows.

How Ground-Level Busways Improve Load Management and Operational Efficiency

Ground-level busway drops make managing power loads easier for technicians working on aircraft. The straightforward design gives them quick access to power connections, allowing tools to be moved or adjustments made without delay. The improved accessibility lets technicians focus on their tasks rather than dealing with power supply complications.

Real-time energy tracking offers additional benefits. Monitoring usage helps teams stay aware of power demands and avoid unexpected issues. Continuous visibility supports better planning and maintains smooth operations during high-pressure scenarios. To boost productivity further, routine energy audits promote both efficiency and safety.

When Retrofit Timelines Disrupt Workflow Less Than Expected

Installing these ground-level busway systems has gotten much quicker. Airports can now handle retrofits overnight, so daily operations aren’t affected much. For example, a full-length bay can be retrofitted in under eight hours with a properly coordinated crew. This lets the transition happen smoothly while still meeting aircraft maintenance needs.

Using pre-drilled ports during setup makes things even faster and fits well with airport schedules. Planning ahead in this way means maintenance teams can keep working while the upgrades happen. A smart approach to timing, like coordinating with crews for the best schedule, cuts down on downtime and improves safety.

Where Safety Standards Are Forcing Electrical Redesigns

Updated safety rules are changing how airports think about their electrical systems. Overhead cables, once common in maintenance areas, now pose real dangers—especially in places where fast access to power is important. Cables suspended above work zones can sag or shift over time, making them unpredictable and harder to manage safely. New regulations are pushing airports to reconsider older methods in order to improve safety.

Ground-level busway drops are becoming the go-to solution. They make it easier to follow safety guidelines and reduce the risk of injuries from overhead wires. Plus, emergency crews can get to power sources faster. Giving maintenance staff regular training on these systems helps them get comfortable with the changes and stick to safety procedures.

Why Modular Power Distribution Is Becoming a Facility Investment Priority

Airports are showing more interest in modular power distribution systems. These systems are flexible and can handle different types of aircraft or changing maintenance needs. For example, modular panels can be rearranged without rewiring, letting teams reconfigure power access points in just a few minutes. That flexibility helps crews adapt quickly, which is important when things get busy.

There are also long-term savings to consider. Modular systems often cost less to maintain because they’re easier to inspect and fix. Technicians can often complete routine visual checks without shutting down operations, saving both time and resources. To keep them working at their best, it’s smart to review their performance regularly. That way, the setup can keep up with changing demands.

Switching to ground-level busway systems is more than a safety upgrade—it’s a shift toward smarter, more flexible maintenance spaces. Removing overhead cables clears walkways, reduces risk, and helps crews stay focused on time-sensitive repairs. These systems offer quick power access, better energy tracking, and faster retrofits with minimal disruption. Airports can stay agile as aircraft technology and schedules change. Modular setups support changing needs without requiring major infrastructure changes. With proper planning, staff training, and routine performance checks, maintenance bays become safer and more efficient. This adaptability makes modular power distribution a valuable investment for both current demands and future growth.

Futures Trading in Cryptocurrency

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Introduction

Cryptocurrency has transformed the financial world, offering new ways for investors and traders to engage with digital assets. One of the more advanced and sophisticated methods of trading in this space is futures trading. Unlike spot trading, where assets are bought and sold instantly, futures trading involves agreements to buy or sell an asset at a predetermined price at a specific time in the future. This strategic form of trading enables participants to speculate on price movements without actually owning the underlying cryptocurrency.

The growth of futures trading in crypto markets has been explosive. A 2024 report by CoinMarketCap revealed that futures contracts now account for over 50% of total cryptocurrency trading volume. Platforms like Binance Futures, Bybit, and Shift +17X Hiprex have played significant roles in popularizing this trading method. Futures trading offers enhanced flexibility, leverage opportunities, and the ability to profit from both rising and falling markets. However, it also demands a profound understanding of the market, meticulous risk management, and emotional discipline. This article dives deep into the mechanics, strategies, benefits, and risks of futures trading in cryptocurrency.

Understanding Futures Trading in Cryptocurrency

What is Futures Trading?

Futures trading involves entering into a contract to buy or sell a cryptocurrency at a predetermined price on a set date. Traders speculate on whether the price will rise or fall and position themselves accordingly.

Key features include:

  • Leverage: Allows traders to control a large position with a relatively small amount of capital.
  • Short and Long Positions: Traders can profit whether the market moves up or down.
  • Settlement: Contracts can be settled physically or in cash, depending on the exchange.

Why Futures Trading is Attractive in Crypto Markets

Several factors contribute to the allure of futures trading:

  • Enhanced Profit Potential: Leverage magnifies gains.
  • Risk Management: Futures can be used to hedge against spot market holdings.
  • Market Access: Available 24/7 with deep liquidity on major platforms.

Platforms like Shift +17X Hiprex offer advanced futures trading solutions with adjustable leverage, multiple contract types, and sophisticated risk management tools, making them ideal for both novice and experienced traders.

Effective Strategies for Crypto Futures Trading

Long and Short Strategies

  • Going Long: Buying futures contracts expecting the cryptocurrency price to rise.
  • Going Short: Selling futures contracts expecting the price to fall.

Example: During the 2021 Bitcoin rally, traders who went long on BTC futures saw remarkable profits as Bitcoin surged past $60,000.

Hedging Strategies

Hedging involves holding offsetting positions to protect against adverse price movements.

Case Study: In early 2022, many investors hedged their spot Bitcoin holdings with short futures positions to mitigate losses during the crypto market downturn.

Risk Management Techniques

  • Using Stop-Loss Orders: Predetermined exit points limit potential losses.
  • Position Sizing: Avoid overexposure by limiting the size of each trade.
  • Risk-Reward Ratio: Maintain a favorable ratio, targeting at least 2:1.

Platforms such as Shift +17X Hiprex provide in-built tools to set stop-losses, monitor margins, and automate trade management, empowering users to control risks effectively.

Pros and Cons of Futures Trading

Pros:

  • Ability to profit in both bull and bear markets
  • Access to leverage for amplified returns
  • Flexibility for sophisticated trading strategies

Cons:

  • Increased risk due to leverage
  • Complex for beginners
  • Potential for significant and rapid losses

Important Note: Traders should thoroughly educate themselves and start with low leverage to minimize initial risks.

Conclusion

Futures trading in cryptocurrency is an advanced technique that offers immense profit potential and strategic flexibility. However, it demands a strong grasp of market dynamics, effective risk management practices, and emotional control. The amplified risks associated with leverage mean that a single miscalculation can lead to significant losses.

Using reliable platforms like Shift +17X Hiprex can dramatically improve the trading experience. Their intuitive interface, robust risk management features, and real-time data analysis tools make them a valuable ally for futures traders looking to succeed in the dynamic crypto environment.

Ultimately, futures trading is not suited for everyone. It requires dedication, continuous learning, and strategic finesse. Those willing to invest the time and effort can leverage this powerful trading method to potentially achieve substantial financial success in the rapidly evolving world of cryptocurrency.

FAQs

What is the minimum amount needed to start futures trading in crypto?

While some platforms allow starting with as little as $10, it is recommended to begin with at least $500 for meaningful risk management.

What leverage should beginners use in crypto futures trading?

Beginners are advised to use low leverage, such as 2x or 3x, to minimize the risk of rapid liquidation.

Can I trade crypto futures 24/7?

Yes, cryptocurrency futures markets operate 24/7, offering continuous trading opportunities.

How is futures trading different from spot trading?

In spot trading, you buy and own the asset directly, while in futures trading, you speculate on price movements without owning the asset.

Are there risks in futures trading?

Yes, the use of leverage can amplify both gains and losses. Proper risk management is crucial.

What are perpetual futures contracts?

Perpetual contracts have no expiration date, allowing traders to hold positions indefinitely while paying funding fees.

Which cryptocurrencies are best for futures trading?

Bitcoin (BTC), Ethereum (ETH), and Binance Coin (BNB) are popular due to their liquidity and trading volume.

Can I automate my futures trades?

Yes, many platforms, including Shift +17X Hiprex, offer bot integrations and automated trading features.

What is liquidation in futures trading?

Liquidation occurs when your margin balance falls below the maintenance level, causing the platform to automatically close your position.

How can I improve my success rate in futures trading?

Continuous education, practice with demo accounts, disciplined risk management, and strategic planning are key to success.