The whole market is still in shock after the implosion of FTX, and many of our friends have been affected. Our thoughts go out to those who lost funds.
At Waggle, we continue to feel the pressures of the bearish market conditions, but rest assured that Waggle had zero exposure to FTX. Our core team continues to function normally.
Despite some of the setbacks we've all endured recently, we believe there is still a bright future for DeFi and Crypto.
The whole market is still in shock after the implosion of FTX, and many of our friends have been affected. Our thoughts go out to those who lost funds.
At Waggle, we continue to feel the pressures of the bearish market conditions, but rest assured that Waggle had zero exposure to FTX. Our core team continues to function normally.
Despite some of the setbacks we've all endured recently, we believe there is still a bright future for DeFi and Crypto.
Most people buy Bitcoin via exchanges, such as Coinbase. Exchanges allow you to buy, sell and hold cryptocurrency, and setting up an account is similar to opening a brokerage account—you’ll need to verify your identity and provide some kind of funding source, such as a bank account or debit card. Major exchanges include Coinbase, Kraken, and Gemini. You can also buy Bitcoin at a broker like Robinhood. Regardless of where you buy your Bitcoin, you’ll need a digital wallet in which to store it. This might be what’s called a hot wallet or a cold wallet. A hot wallet (also called an online wallet) is stored by an exchange or a provider in the cloud. Providers of online wallets include Exodus, Electrum and Mycelium. A cold wallet (or mobile wallet) is an offline device used to store Bitcoin and is not connected to the Internet. Some mobile wallet options include Trezor and Ledger.
Why Telegram?
Telegram has no known backdoors and, even though it is come in for criticism for using proprietary encryption methods instead of open-source ones, those have yet to be compromised. While no messaging app can guarantee a 100% impermeable defense against determined attackers, Telegram is vulnerabilities are few and either theoretical or based on spoof files fooling users into actively enabling an attack.
