Crypto

Tonkeeper: TON Network Native Cryptocurrency Wallet – Blockonomi

Published

12 months ago

July 23, 2024

Tonkeeper: TON Network Native Cryptocurrency Wallet – Blockonomi

Ever since its launch in 2022, the TON network has risen to prominence in the blockchain space, becoming one of the most dominant blockchains out there.

Today, its token stands as the 8th biggest cryptocurrency by market capitalization, a feat that has earned all projects related to it with a massive boost.

One such project is Tonkeeper, the go-to wallet for most TON network users and one of the most versatile wallets any blockchain has to offer.

As a non-custodial crypto wallet, Tonkeeper already comes with the myriad of benefits that decentralized wallets have to offer.

These include full control over one’s private keys, enhanced security, and the ability to interact directly with decentralized applications (dApps) without intermediaries.

In addition to these, Tonkeeper goes beyond the basics to offer a comprehensive suite of tools tailored specifically for the TON ecosystem.

One of the most important elements that stand out about Tonkeeper is its development as an open-source project. This means that any user is able to audit the entirety of its code, ensuring transparency and fostering trust within the community.

It also means that developers all over the world can contribute security upgrades and new features that can be easily integrated after being reviewed.

The result of this design philosophy is a TON-native crypto wallet that is not only easy to use and versatile but also quite powerful. Tonkeeper is not only accessible via a browser extension as most web-based wallets and an iOS/Android app like mobile wallets but also through Telegram, an instant messaging service expected to hit 1 billion users this year.

Who is Behind Tonkeeper?

Tonkeeper is developed by TON Apps, a 23-member team that has been developing decentralized apps since its founding in 2021. In addition to Tonkeeper, the team has also developed TonAPI, TONViewer, and TONConsole. These three solutions allow individuals, businesses, and investors looking to interact with the TON ecosystem at a deeper level.

Former VK Lead Architect and Stellar Development Foundation Protocol Architect Oleg Andreev is currently serving as TON Apps’s Chief Executive Officer, leading the company’s effort to become a major player in the TON ecosystem.

TON Apps co-founder Vladimir Makhov also plays an active role in the company, using his experience as a seasoned entrepreneur and 6-time founder to establish partnerships within the space. Makhov is a big believer and player in the TON ecosystem, currently running two other projects around the TON blockchain.

The Dubai-based company has managed to achieve some impressive statistics over the past couple of years, reaching over 24 million active users and 240 million sessions each year, all across 240 countries. When it comes to Tonkeeper, the company has reported that it has been installed over 25 million times already.

Tonkeeper Features

Let’s talk about the features Tonkeeper has to offer its users and how these set it apart from other wallets. These features include those that we have come to expect from any crypto wallet, such as send/receive, token swapping, and NFT storage, as well as others a little bit more exclusive like staking, NFT marketplace integration, QR payments, and built-in DEX.

Two features that stand out are Tonkeeper’s subscriptions, Domains, and Fragment features, which we will discuss in more detail in a moment. These are features that are not very common in the world of crypto wallets but will certainly become more appealing as the ecosystem grows.

Send/Receive/Swap Cryptocurrency

These are the bread and butter of any cryptocurrency wallet and as such, Tonkeeper possesses such a feature. By using Tonkeeper, users will be able to transact with popular cryptocurrencies such as USDT, GLINT, TON, and many more, whether it is by transferring or swapping them.

However, what makes this special in Tonkeeper, is that the wallet has been offering gasless transfers on specific coins like USDT and Notcoin. This makes this wallet a great option for users looking to avoid the costly transaction fees associated with networks like Ethereum, all without sacrificing the fast settlement.

Any fees associated with sending or swapping cryptocurrency with Tonkeeper are paid by using the wallet’s “Battery”. This off-chain account is used for token swaps, token transfers, and NFT transfers, using a system of “charges” that makes it easy to know how much is being paid for each transaction. This battery can be charged with as little as 3 USDt or 300 NOT by transferring on-chain or paying via the Android/iOS app stores.

Pay/Subscribe with Cryptocurrency

As a wallet designed to be as versatile as possible, Tonkeeper is all about covering as many use cases as it can. This means having functionalities that can be used on a daily basis, such as online and QR payments. This feature makes Tonkeeper quite a good option for those who aim to or have made crypto an integral part of their daily lives. Buying goods and paying for services is as easy as scanning a QR or completing the payment within the app.

Tonkeeper especially shines when it comes to paying for subscriptions, as it comes with a subscription management tool. This allows users to monitor their active and expired subscriptions, providing granular control over each of them.

Staking

One of the biggest benefits of cryptocurrency is the possibility to earn on your holdings passively. To achieve this, staking has become one of the most popular tools at the moment and as such, Tonkeeper supports it. The staking feature allows users to stake their TON to start earning rewards, adding value to their crypto experience without requiring them to take any further steps.

Decentralized Apps Integration

Cryptocurrency is becoming more popular by the day and as such, new tools and apps are created every hour. Apps running on the TON network are available to Tonkeeper users looking to make their experience more personal and customized, all without leaving their wallets.

One such example is TON Diamonds, a marketplace for digital artists and collectors looking to create/collect high-quality assets while using the benefits of technologies like NFTs and blockchain. Tonkeeper users can interact easily with the marketplace, storing their NFTs directly in their wallets and easily accessing them.

Domains/ Fragment

The TON domains feature allows Tonkeeper users to assign a human-readable name to their wallets, similar to how a website URL or email address works. This makes it easy to share a wallet address with other people, removing the complexity and anxiety caused by the unreadable string of characters that wallet addresses are.

Similarly, Fragment allows users to buy and sell Telegram usernames and anonymous numbers, something that is becoming increasingly popular as Telegram and privacy concerns grow around the globe.

STON.FI

Tonkeeper users can access ston.f directly from their wallet. This cross-chain DEX offers access to thousands of cryptocurrencies across multiple networks, all with instant transaction settlement, low slippage, and no fees. This, combined with the staking capabilities, makes it easy for investors to access the best deals at any time, maximizing their profits at every step of their journey.

Bug Bounty Program

To keep its users’ funds even more secure and their experience at its best, Tonkeeper has created a bug bounty program. This program allows anyone to report issues with Tonkeeper to the support team, get them fixed by the developers, and get rewarded.

The rewards for Tonkeeper’s bug bounty program vary based on the severity and impact of the reported issues. While the exact reward structure is not openly published by Tonkeeper, these are usually high enough to incentivize security researchers and users to actively look for and report potential vulnerabilities.

Conclusion

Tonkeeper is a feature-rich, user-friendly, and secure wallet that will cater to the needs of most cryptocurrency users, no matter their level of experience. The range of functionalities and widespread availability makes it easy to take advantage of, no matter where you are or what you need to do.

Need to check on your crypto, change your investment, pay your subscription to your favorite game, or anything else? No problem, the Telegram, browser, or mobile integration has got you covered.

The bug-bounty program and the open-source nature of Tonkeeper, help the wallet keep up to date with the latest security practices and threats, something essential in any financial product. In addition to this, being non-custodial also means that users are in control of their funds at any given time.

For users looking to engage with the TON network, whether for simple transactions or more complex decentralized finance activities, Tonkeeper offers a comprehensive solution that balances functionality with ease of use.

Crypto

I Asked ChatGPT To Explain TRUMP Crypto to Me Like I’m 12: Here’s What It Said

Published

8 hours ago

July 12, 2025

Press Room

I Asked ChatGPT To Explain TRUMP Crypto to Me Like I’m 12: Here’s What It Said

Some people think there’s no better way to get rich quick than by risking your money on an unproven cryptocurrency. Many crypto projects boast stability and long-term returns, only to fall off a cliff shortly after launch, leaving small-time investors to pick up the pieces. However, on Jan. 18, two days before President Donald Trump was sworn in for his second term, a meme coin in his name launched, leading many to question if it was a scam.

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I posed five questions to ChatGPT to get the breakdown on $TRUMP and whether it’s a good idea for someone to invest in it. Because crypto can be a bit complicated for some, I asked ChatGPT to explain the answers as if I were a 12-year-old. This is how it responded.

ChatGPT said, “So, TRUMP cryptocurrency is a digital coin or token, like Bitcoin or Ethereum, but it’s named after Donald Trump, the former U.S. president. It’s not actually created or run by him, though. It’s made by a group of people who think it’s fun or interesting to have a cryptocurrency with the Trump name on it. This coin exists on the internet, and you can buy or trade it just like other cryptocurrencies.”

$TRUMP is a type of cryptocurrency known as a meme coin. Meme coins aren’t as serious as the major coins like Bitcoin, and many begin as a joke. These coins are often much more volatile, taking off or crashing in seconds.

Also, some groups like NPR dispute the fact that a group of people completely independent of President Trump created the coin, claiming he and his business partners coordinated the operation. However, after its launch, Trump and his sons publicly distanced themselves from any involvement.

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ChatGPT’s response: “TRUMP cryptocurrency makes money mainly by people buying and selling it. Here’s how:

Imagine you buy a TRUMP coin when it’s cheap.
Then, you sell it later when it gets more expensive.
The people who create or run the coin usually make money from transaction fees (when someone buys or sells) and sometimes by selling coins themselves.

Basically, TRUMP cryptocurrency could make money for people if the price goes up, but it’s risky — prices can go up or down quickly.”

This is an accurate breakdown of how any cryptocurrency works. However, ChatGPT doesn’t explain one of the biggest risks in investing in meme coins, which is the rug pull. This is when the coin’s developers secure a large number of coins at a low price. Once the public begins to buy coins and raises the value, the developers quickly trade their high-value assets and abandon the project, leaving the other investors with nothing.

“Here’s the thing: Donald Trump has nothing to do with this cryptocurrency. Even though it’s named after him, he’s not involved in it, and he doesn’t make any money from it. The people behind it are the ones making money when the price of the coin goes up, but Trump himself hasn’t earned anything from it,” ChatGPT said.

While ChatGPT is adamant that Trump had nothing to do with the coin and made no profit, the truth is hard to say. Some news sources claim the entire project to be a scandal, but no charges have been filed.

ChatGPT said: “The value of cryptocurrencies, including TRUMP, is super sensitive to what’s happening in the world economy. If people are feeling good about money and want to take risks, the price of crypto can go up. But if people are scared about losing money, the price can drop.

Things like inflation, interest rates, or government decisions can affect how much people are willing to pay for TRUMP or other cryptocurrencies. When the economy is doing well, people might feel more comfortable buying coins. But when things are shaky, they might sell and make the price drop.”

ChatGPT is correct about the connection between the economy and cryptocurrencies. For example, look at what happened during COVID-19. The U.S. government issued stimulus checks to citizens in an attempt to boost the economy. This led to many new buyers taking a risk with the “free” money they’d received and trying out cryptocurrency. The government issued three rounds of stimulus checks between March 2020 and March 2021. For Bitcoin, on Feb. 29, 2020, its price opened at $8,671.21. And on April 1, 2021, after all stimulus checks were out, Bitcoin’s price opened at $58,926.56.

For its final answer, ChatGPT responded with, “Here’s the important part: Cryptocurrencies are risky. Just like if you were to invest in stocks or other things, the price of TRUMP can change very quickly, and sometimes it can drop a lot. There’s also the fact that TRUMP is not as popular or well-known as big cryptocurrencies like Bitcoin, so it could be even riskier.

If you’re thinking about investing in TRUMP, ask yourself:

Do I understand what I’m investing in?
Can I handle it if the price goes down?
Is it just a fun thing, or do I think it will be worth more in the future?

It might not be the best idea to put all your money into something like TRUMP, especially if you don’t know much about cryptocurrencies. But if you’re just having fun with a small amount, that’s okay — just don’t expect it to be a guaranteed way to make money.”

Remember, investing in cryptocurrency or meme coins is especially risky. If you’re not sure whether it’s a good idea, speak with a finance professional before making any investments.

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This article originally appeared on GOBankingRates.com: I Asked ChatGPT To Explain TRUMP Crypto to Me Like I’m 12: Here’s What It Said

Crypto

5 Reasons to Invest in Crypto When You’re Retired — And 5 Reasons to Avoid It

Published

1 day ago

July 11, 2025

Press Room

5 Reasons to Invest in Crypto When You’re Retired — And 5 Reasons to Avoid It

As cryptocurrency continues to mature as an asset class and Bitcoin reaching new highs, more retirees are considering whether digital currencies deserve a place in their retirement portfolios. The debate over investing in crypto for retirement has intensified as inflation and cost of living depletes savings.

However, this decision involves careful consideration of both compelling opportunities and significant risks.

According to Kiplinger, some financial experts now recommend cryptocurrency for diversification in retirement accounts. Cryptocurrency often moves independently of traditional stocks and bonds, potentially providing valuable diversification during market downturns. For retirees who have most of their wealth in conventional assets, a small crypto allocation could reduce overall portfolio volatility.

With retirees particularly vulnerable to inflation’s impact on fixed incomes, cryptocurrency’s potential as an inflation hedge becomes attractive. Bitcoin’s limited supply of 21 million coins creates scarcity similar to precious metals, potentially protecting purchasing power over time. Unlike cash or bonds that lose value during inflationary periods, crypto assets may maintain or increase value as traditional currencies weaken.

Despite volatility, cryptocurrency has demonstrated remarkable long-term growth potential. Retirees focused on leaving a larger inheritance might allocate a small percentage to crypto for its upside potential. Even modest gains could significantly benefit beneficiaries, while limiting exposure prevents catastrophic losses to essential retirement funds.

According to The Wall Street Journal, Fidelity’s decision to allow Bitcoin in 401(k) accounts highlights the tax advantages of holding cryptocurrency in retirement accounts. Crypto held in traditional IRAs or 401(k)s grows tax-deferred, allowing compounding without annual tax consequences. While eventual withdrawals face ordinary income tax rates, the ability to trade between different cryptocurrencies without immediate tax implications provides flexibility that taxable accounts don’t offer.

As governments worldwide increase money printing and debt levels, cryptocurrency offers exposure to an alternative monetary system. Retirees concerned about long-term currency stability might view crypto as insurance against potential dollar devaluation or economic instability over their retirement years.

The Government Accountability Office warns that crypto assets have often been characterized as high-risk, high-reward, experiencing both record highs and devastating crashes. Retirees depending on their portfolios for living expenses cannot afford the dramatic swings that could eliminate years of savings in weeks. The volatility that creates opportunity also threatens financial security.

Financial experts recommend extreme caution with crypto in retirement portfolios. As reported by TIME, the Department of Labor has stated that cryptocurrencies “present significant risks and challenges” to future retirees, and that employers offering such plans “should expect to be questioned.”

Even when crypto is available in retirement accounts, allocation recommendations remain conservative. Kiplinger notes that while some experts now recommend crypto for diversification, buyer beware remains the watchword.

These cautious positions suggest professionals view crypto as unsuitable for significant retirement holdings.

The regulatory environment surrounding cryptocurrency remains fluid and unpredictable. Government actions can dramatically impact crypto values overnight, from taxation changes to outright bans. The Department of Labor has issued guidance warning that crypto assets are highly speculative and volatile, are difficult to assess and value, have custody issues, and face an uncertain regulatory environment. Retirees need stability, not assets subject to regulatory whiplash.

Charles Schwab points out a significant tax disadvantage: if the cryptocurrency you hold in a traditional 401(k) or IRA appreciates, those gains will be subject to ordinary income taxes upon withdrawal — whereas crypto held in a taxable account for longer than a year would be subject to the more favorable long-term capital gains rates. This means retirees could pay 10-15% more in taxes on crypto gains compared to holding the same assets in taxable accounts.

Cryptocurrency requires technical knowledge that many retirees lack. Private key management, wallet security, and exchange risks create additional layers of complexity beyond traditional investments. Exchange failures, hacking incidents and lost access credentials have cost investors billions. Retirees who struggle with digital technology face heightened risks of permanent loss through technical errors.

The cryptocurrency decision for retirees ultimately depends on individual circumstances, risk tolerance, and financial goals. According to Kiplinger, crypto may be coming to more 401(k) plans, making this decision increasingly relevant for retirement savers. Those considering crypto should evaluate several key factors:

Financial Stability: Only retirees with solid emergency funds and secure income streams should consider crypto exposure. Essential living expenses should never depend on volatile investments.

Risk Tolerance: Retirees comfortable with potentially losing their entire crypto investment might allocate 1-5% of their portfolio to digital assets. Those requiring stability should avoid crypto entirely.

Technical Competence: Successful crypto investing requires ongoing education and technical skills. Retirees uncomfortable with digital wallets and security protocols should reconsider.

Time Horizon: Retirees with 10-20+ year time horizons might weather crypto volatility better than those needing immediate income stability.

Given cryptocurrency’s complexity and risks, retirees considering crypto investment should consult qualified financial advisors with digital asset experience. The decision involves not just investment analysis but tax planning, estate considerations, and overall retirement security.

The crypto question for retirees isn’t black and white. While digital assets offer compelling diversification and growth potential, they also present risks that could jeopardize retirement security. The key lies in understanding both sides and making informed decisions aligned with individual financial situations and goals.

For most retirees, the prudent approach involves either avoiding crypto entirely or limiting exposure to amounts they can afford to lose completely. The promise of cryptocurrency gains must be weighed against the paramount importance of retirement financial security.

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This article originally appeared on GOBankingRates.com: 5 Reasons to Invest in Crypto When You’re Retired — And 5 Reasons to Avoid It

Crypto

HMRC to Require Crypto User IDs for Tax Starting 2026 – Regulation Bitcoin News

Published

2 days ago

July 10, 2025

Press Room

HMRC to Require Crypto User IDs for Tax Starting 2026 – Regulation Bitcoin News

The United Kingdom’s tax authority will implement new regulations starting January 1, 2026, requiring crypto asset users to provide tax identification numbers and other personal information to service providers. Streamlining Tax Assessments and Penalties The United Kingdom’s tax authority, His Majesty’s Revenue and Customs (HMRC), has announced new regulations that will require crypto asset users […]