The Bybit hack has put the demand for self-custody wallets into overdrive, and now the $BEST ICO is exploding as Best Wallet goes viral.
Best Wallet’s ($BEST) funding milestone continues to break records week after week, reaching $10.5 million on Monday.
The latest influx of capital into its presale follows the ByBit hack, which saw $1.4 billion in funds stolen from the exchange.
This underscores the growing demand for self-custody wallets as a safer way to protect digital assets. Best Wallet offers this security and features that have made it a top choice among investors in less than a year.
Best Wallet’s funding stage currently prices each token at $0.0241 for the next 11 hours before the next round increases the price.
With the presale running over three months, Best Wallet may be nearing its funding goal. While $BEST is at one of its lowest prices, missing out now could be like passing on a presale for a better version of MetaMask.
Dust Settles Over ByBit Hack: Self-Custody Solutions Like Best Wallet Are Seeing Viral Growth
Dubai-based ByBit suffered a hack on February 21 that drained its ETH cold wallet. The attacker believed to be North Korea’s Lazarus Group, used a “masked” URL to trick signers into making it appear legitimate through Safe.
By altering the contract logic, the hacker could take control of the cold wallet.
Following the attack, ByBit moved quickly to restore its ability to back investor assets 1:1. According to Lookonchain, the exchange received 446,870 ETH—worth $1.23 billion at current prices—through loans, large deposits, and ether purchases over the past two days.
Since being hacked, #Bybit has received ~446,870 $ETH($1.23B) through loans, whale deposits, and ETH purchases.#Bybit has nearly closed the gap. pic.twitter.com/0oz3ytLi4X
— Lookonchain (@lookonchain) February 24, 2025
The incident highlights the increasing sophistication of hacks targeting multi-signature cold storage solutions.
Former Binance CEO CZ pointed out that despite using different multi-sig providers, both WazirX and Phemex suffered similar breaches, underscoring the growing risks in the industry.
CZ stressed the importance of users safeguarding their assets, referencing a 2020 article he wrote on the fundamentals of doing so. Last week, he also encouraged using wallets for daily crypto transactions rather than relying entirely on exchanges, which remain prime attack targets.
Some thoughts on the recent hack(s).
There is a pattern where hackers were able to steal large amounts of crypto from multi-sig “cold storage” solutions, as with ByBit, Phemex, WazirX and potentially others. In the most recent ByBit case, the hackers were able to make the…
— CZ 🔶 BNB (@cz_binance) February 22, 2025
Amid these developments, the new non-custodial Web3 wallet Best Wallet has seen a surge in presale purchases, pushing it closer to its funding goal.
This influx of fresh capital isn’t just due to the crypto wallet’s self-custody features, which help investors avoid exchange-related risks, but also because of its advanced capabilities, setting it apart from older-generation wallets in the space.
Best Wallet Superior Transactional Capacity bolsters Industry Leading Security
Best Wallet has built a strong reputation, attracting over 500,000 users since its launch less than 12 months ago.
Much of its success comes from its advanced capabilities, which are increasingly valuable in today’s crypto market.
Regarding transactions, Best Wallet stands out with reduced fees, making it highly competitive. Users can further benefit from lower costs by holding $BEST tokens. Its extensive integration with over 200 decentralized protocols and 20 cross-chain bridges also ensures fast transaction speeds.
Best Wallet is also a leader in on-ramping, offering users quick and easy conversion of over 100 fiat currencies to crypto at the lowest exchange rates and processing fees in the market.
The recent ByBit hack demonstrated that reliance on exchanges can create market panic, making self-custody solutions more appealing.
Beyond functionality, Best Wallet prioritizes user experience with a simple, intuitive UI and streamlined transactions.
Its multichain capabilities stand out in two ways: users can easily import and manage multiple wallets within the app and seamlessly conduct cross-chain transactions.
💡 Need to import your wallet into Best Wallet? Here’s how.
Watch our step-by-step tutorial on how to import all your wallets into Best Wallet and manage everything in one place.
This video will show you:
✅ How to import your existing wallets
✅ How to manage multiple wallets… pic.twitter.com/j133Pb0Gzb— Best Wallet (@BestWalletHQ) February 23, 2025
One emerging crypto project leveraging these features is BTC Bull Token, which allows holders to earn Bitcoin as if they were running mining operations. By securing the ERC-20 token $BTCBULL, users receive $BTC airdrops within a single app.
$BEST Is Your Ticket To ‘Upcoming Tokens’ Alpha Signals
One of Best Wallet’s standout features is its ability to give users a trading edge.
While CZ suggests that exchanges should be reserved for professional traders, Best Wallet could eliminate the need for them entirely as, in addition to enabling efficient daily transactions, it allows users to trade directly within the app.
Furthermore, its Upcoming Tokens feature further sets it apart by identifying promising projects with long-term trading potential in a crowded market.
Investors who bought early into Pepe Unchained ($PEPU) and Catslap ($SLAP), featured in Upcoming Tokens, have seen gains of over 700% and 7,000%, respectively.
BTC Bull Token also made the Upcoming Tokens list and has already raised $2.75 million in just two weeks.
🚨 $BTCBULL is Live in Upcoming Tokens! 🚨@BTCBULL_TOKEN is a Bitcoin rewards-based meme token that delivers milestone-based airdrops as Bitcoin hits new price levels.
With built-in incentives for buying, holding, and trading, $BTCBULL gives holders a new way to stack BTC.… pic.twitter.com/BMzBHcLltU
— Best Wallet (@BestWalletHQ) February 10, 2025
What’s The Best Way to Accumulate $BEST Crypto?
To get the most out of Best Wallet, users should hold $BEST tokens.
Visit the Best Wallet presale website, connect your wallet, purchase $BEST, or buy it directly within the Best Wallet app.
The app offers multiple ways to acquire $BEST, including purchases with other cryptocurrencies or a bank card. Users can exchange crypto for ETH or USDT for $BEST.
Download Best Wallet on Google Play or the Apple App Store.
Join the conversation on X, Telegram, and Discord.
EXPLORE: The History Books Will Remember Crypto 2025: But What’s The Best New Crypto to Buy?
Join The 99Bitcoins News Discord Here For The Latest Market Updates
Why you can trust 99Bitcoins
Established in 2013, 99Bitcoin’s team members have been crypto experts since Bitcoin’s Early days.
Weekly Research
100k+Monthly readers
Expert contributors
2000+Crypto Projects Reviewed
Free Bitcoin Crash Course
- Enjoyed by over 100,000 students.
- One email a day, 7 days in a row.
- Short and educational, guaranteed!
Maximize Your Trading With Margex’s 20% Deposit Bonus
Hottest Meme Coins to Buy in April? Retail Target Latest Crypto For Mega Gains
AR.IO Brings The Permanent Cloud to AI Storage Crisis
10 Best Crypto Bonuses in 2025 – Top Exchange Offers & Promotions
4 Days Left For Early Investors in World’s First Meme Coin Index: Meme Coin Mcap Hits $56Bn
