News Flash ⚡️ :Starting Jan. 1, 2026, UK 🇬🇧 crypto firms must collect and report detailed customer data for all trades and transfers to improve crypto tax reporting.
biggest Telegram Airdrop?HOT Protocol: Revolutionizing Decentralized Wallets in 2025
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The blockchain ecosystem continues to evolve at a breakneck pace, and one project making significant waves in 2025 is the **HOT Protocol**. Built on the foundation of decentralized Multi-Party Computation (MPC) wallets and chain abstraction, HOT Protocol is redefining how users interact with Web3 across multiple blockchains. As of June 17, 2025, HOT Protocol has solidified its position as a cornerstone of secure, efficient, and user-friendly cross-chain transactions. This article explores the latest developments, features, and impact of HOT Protocol in the decentralized finance (DeFi) and Web3 space.
## What is HOT Protocol?
HOT Protocol is an open network of validators designed to create decentralized MPC wallets, enabling secure and seamless interactions across various blockchain networks. Initially launched on the **NEAR Protocol** chain abstraction stack, HOT has expanded its reach to support a wide array of ecosystems, including Ethereum, Solana, Arbitrum, Optimism, TRON, Base, Stellar, TON, and other EVM and non-EVM chains. By leveraging **Chain Signature** technology and gas-optimized bridges, HOT Protocol ensures secure cross-chain transactions with minimal friction.
At its core, HOT Protocol addresses the pain points of traditional wallet systems, such as seed phrase vulnerabilities, limited chain compatibility, and complex user experiences. Its non-custodial **HOT Wallet** allows users to manage assets across multiple chains while introducing advanced security features like two-factor authentication (2FA), replaceable seed phrases, and account recovery mechanisms.
## Key Milestones in 2025
As of June 17, 2025, HOT Protocol has achieved several significant milestones that underscore its growing influence in the blockchain space:
### 1. **Mobile and Browser Accessibility** In April 2025, HOT Protocol launched its **HOT Wallet** on both **Android** and **iOS**, transitioning multichain activities from Telegram to mobile platforms and a browser extension. This move has made the protocol more accessible to newcomers, with an updated user interface (UI) designed for intuitive navigation. The mobile launch has significantly boosted adoption, with millions of users now managing their assets on the go.
### 2. **HOT Omni Bridge V2** The release of **HOT Omni Bridge V2** in April 2025 marked a major upgrade to the protocol’s cross-chain capabilities. The enhanced bridge prioritizes security without relying on public liquidity deposits, making it easier to attract partner liquidity and pass audits. It also introduced **cross-chain swaps**, allowing users to seamlessly exchange assets between different blockchains with improved efficiency and lower gas costs.
### 3. **Integration of FROST MPC Protocol** Earlier in 2025, HOT Protocol integrated the **FROST MPC Protocol**, enabling support for non-EVM networks like Solana, TON, and Stellar. This integration has paved the way for advanced security features, including 2FA, changeable seed phrases, and robust account recovery options. By addressing vulnerabilities associated with traditional seed phrases, HOT has set a new standard for wallet security.
### 4. **Massive User Adoption** HOT Protocol’s mining program has attracted over **4 million users**, with **15 million HOT tokens** mined to date. The protocol has also distributed over **$500,000** in giveaways, including tokens like $UWON, $BENDOG, $AURORA, $NVIDIA, $USDT, and $HAPI. The success of these initiatives, coupled with listings on exchanges like **MEXC** and **Whitebit**, has driven significant community engagement.
### 5. **HOT Chain Signature and Validator Network** The protocol’s **Chain Signature** technology, rolled out across major EVM chains like Base, Arbitrum, and Optimism, has streamlined cross-chain interactions. The decentralized validator network ensures that transactions are secure and efficient, with validators playing a critical role in maintaining the integrity of the MPC wallet system.
## HOT Wallet: A Game-Changer for Web3
The **HOT Wallet** is the flagship product of the HOT Protocol ecosystem. Unlike traditional wallets, HOT Wallet is non-custodial and powered by MPC technology, meaning private keys are split and distributed across multiple parties to enhance security. Key features of HOT Wallet include:
- **Multichain Compatibility**: Users can manage assets on Bitcoin, Ethereum, Solana, NEAR, and other chains within a single interface. - **Security Enhancements**: Support for 2FA, replaceable seed phrases, and account recovery ensures users remain in control of their funds even in the event of device loss or compromise. - **Cross-Chain Swaps and Bridges**: The HOT Omni Bridge V2 enables seamless asset transfers and swaps across chains, reducing gas fees and transaction times. - **User-Friendly Design**: The updated UI, launched in 2025, caters to both crypto novices and seasoned users, making Web3 more accessible.
Additionally, HOT Wallet has integrated tokens like **USD1** by World Liberty Financial, further expanding its utility for stablecoin transactions.
## The Roadmap Ahead
HOT Protocol’s roadmap for the remainder of 2025 and beyond is ambitious. According to posts on X, the team plans to:
- Expand support for additional blockchains, further solidifying its position as a leader in chain abstraction. - Enhance the HOT Wallet with new features, such as advanced DeFi integrations and staking options. - Scale the validator network to improve transaction throughput and decentralization. - Launch additional community-driven initiatives, including more token giveaways and NFT campaigns.
## Why HOT Protocol Matters
In a fragmented blockchain landscape, HOT Protocol stands out for its commitment to interoperability, security, and user experience. By abstracting the complexities of cross-chain transactions and introducing innovative wallet features, HOT is lowering the barriers to entry for Web3 adoption. Its integration with both EVM and non-EVM networks positions it as a versatile solution for developers, DeFi enthusiasts, and everyday users alike.
Moreover, HOT Protocol’s focus on security—through MPC wallets, FROST integration, and gas-optimized bridges—addresses critical vulnerabilities in the crypto space. As hacks and exploits continue to plague the industry, HOT’s proactive approach to safeguarding user funds is a breath of fresh air.
## Community Sentiment and Market Impact
The sentiment around HOT Protocol on platforms like X is overwhelmingly positive, with users praising its ease of use, innovative features, and community engagement. The protocol’s mining program and giveaways have fostered a loyal user base, while its technical advancements have earned the respect of developers and industry insiders.
From a market perspective, HOT tokens have gained traction, with listings on major exchanges and growing liquidity. While exact price data is not covered here, the protocol’s partnerships and integrations suggest a strong foundation for future growth.
## Conclusion
HOT Protocol is at the forefront of the Web3 revolution, delivering a secure, multichain wallet solution that empowers users to navigate the decentralized world with confidence. With its mobile launch, upgraded bridge, and innovative MPC technology, HOT is well-positioned to shape the future of #blockchain interoperability. Whether you’re a crypto newbie or a seasoned DeFi trader, HOT Protocol offers a glimpse into the next generation of decentralized finance. #Near #telegramMining #HOTProtocol #MPC $NEAR
News alert 🚨 🆘 A wallet address associated with the TRUMP 🇺🇸 team has once again deposited 3.5 million $TRUMP tokens (worth approximately $52.66 million) to CEXs.
CoinGlass: the largest liquidation of shorts since 2021 has occurred. Shorts have liquidated ~$800 million in the last 24 hours.
Binance has not fully disclosed the liquidations and the actual numbers are higher.
CoinGlass reported that the cryptocurrency market experienced the largest liquidation of short positions since 2021, with approximately $800 million in shorts liquidated over a 24-hour period. This event was driven by a significant altcoin rally, particularly in Ethereum (ETH), Cardano (ADA), Dogecoin (DOGE), and Solana (SOL), which triggered widespread liquidations. the total liquidations reached around $837.8 million, with major contributions from Bitcoin ($341.3 million), Ethereum ($283.61 million), and Solana ($25.64 million). The largest single liquidation order was on Binance’s BTCUSDT pair, valued at $11.97 million. Notably, Binance has not fully disclosed its liquidation data, suggesting the actual figures could be higher. This short squeeze, described as the biggest since 2023 in some posts, reflects intense market volatility and leveraged trading activity, catching many bearish traders off-guard. $BTC #coinglass #SHORT📉
Sonic Labs surpasses 1m $S tokens distributed via Fee Monetization (FeeM) which lets builders earn 90% of the network fees they generate.
Sonic Labs has surpassed 1 million $S tokens distributed through its Fee Monetization (FeeM) program, a significant milestone for the EVM-compatible Layer-1 blockchain. The FeeM model allows developers to earn up to 90% of the network fees generated by their applications, mirroring Web2 ad-revenue models like YouTube but in a decentralized framework. This incentivizes developers to build high-quality, user-engaging apps, as their revenue is directly tied to the traffic and activity their apps drive on the Sonic network.
For context, when a user pays a gas fee in $S tokens for a transaction on a FeeM-participating app, 10% of the fee goes to network validators, while the remaining 90% is allocated to the FeeM contract (or "fee treasury"). Oracles monitor on-chain transactions to trace gas consumption, ensuring accurate distribution to developers based on their app’s activity. If an app does not participate in FeeM, 50% of the transaction fee is burned, and the rest is split between validators and the Ecosystem Vault, creating a deflationary mechanism for the $S token.
This milestone highlights Sonic’s developer-centric approach, apps have collectively earned significant $S tokens through FeeM, fostering a "meritocratic and symbiotic" relationship between developers and the network. The program’s success is further evidenced by its integration of key tokens like wS, USDC, USDT, WETH, and WBTC into the FeeM Vault, which captures 90% of fees from these contracts to support ecosystem growth, such as liquidity incentives and protocol integrations. Sonic’s high throughput (10,000+ TPS) and sub-second finality complement this model, making it an attractive platform for DeFi and Web3 innovation.#soniclabs $BTC #BTCBackto100K