Vietnam has officially passed a groundbreaking law recognizing cryptocurrency and digital assets, set to take effect on January 1, 2026. 

The S&P 500 rose 0.94% Monday as investors shrugged off Middle East tensions, turning attention to the Fed and retail sales data. Gold rebounded near $3,380 as Israel-Iran tensions and trade fears boosted safe-haven demand. A dovish Fed outlook could push prices toward $3,500 despite a stronger US Dollar. The Coindesk Indices, which tracks the broader crypto market, rose 1.54%, with Bitcoin and Ether up 3.19% and 6.80%, respectively in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is PENDLE, up 8.3% after GAIB integrated AIDa yields with Pendle, offering fixed returns, Spice rewards, and liquidity boosts.

Pendle (PENDLE), launched in June 2021, is a DeFi protocol on Ethereum and Arbitrum that lets users trade tokenized future yields using principal tokens (PT) and yield tokens (YT). Its unique time-decaying AMM allows flexible strategies like fixed yield, long yield, and discounted asset exposure. 

, with bonus Spice points. Now live on Pendle, AIDa can be split into PT (fixed yield) and YT (leveraged Spice rewards). Users can also provide liquidity to earn swap fees, Pendle incentives, and boosted Spice points—unlocking multiple ways to maximize returns.

Check out the latest prices, charts, and data of 

, set to take effect on January 1, 2026. The legislation provides a clear legal framework for crypto and virtual assets, focusing on blockchain innovation while excluding securities and traditional currency representations. It also introduces tax and land-use incentives for tech companies, mandates cybersecurity and AML compliance, and aligns with global regulatory standards. This move positions Vietnam as a regional leader in crypto regulation and digital innovation.

Yesterday, BTC spot ETFs saw $142 million in total inflows, with $129.2 million from non-GBTC funds and $12.8 million from GBTC.

, letting eligible SUI holders support their favorite hackathon projects. Voters can earn part of a $25,000 reward pool and receive an exclusive NFT. Vote at 

Beginner

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Vietnam becomes regional crypto leader with new digital asset law

In this article, we’ll dive into what Plasma is, the founders and investors backing Plasma, how Plasma works and the roadmap of the stablecoin-focused blockchain.

 are one of the biggest success stories from the blockchain industry. This blistering growth saw the total supply of stablecoins reach $247 billion as of May 2025, which is 

 of all the US physical currency in circulation. 

The stablecoin that currently dominates this sector is 

, which controls 66% of market share. So when a new blockchain that’s purpose-built for stablecoin transactions and backed by Tether announced a $50 million public round, it’s no surprise that the round 

In this article, we’ll dive into what Plasma is, the founders and investors backing Plasma, how Plasma’s blockchain architecture works and the roadmap of the stablecoin-focused blockchain. 

 (L1) blockchain designed from the ground up for stablecoins. The idea is that traditional blockchains aren't optimized for the unique demands of stablecoins. Therefore, creating a purpose-built, high-performance, scalable and secure blockchain for stablecoins could drive global stablecoin adoption to the next level and capture the trillion-dollar stablecoin opportunity. 

Plasma is being developed by a team of engineers and traders with experience at top-tier firms like Apple, Microsoft and Goldman Sachs, and is backed by both Framework Ventures and Bitfinex/Tether. Its strategy is to integrate directly with issuers, on-ramps and financial institutions so that stablecoins can flow seamlessly across borders and applications without encountering issues like high fees and low scalability that hinder existing networks.

Plasma was co-founded by Paul Faecks and Christian Angermayer. Faecks serves as CEO. Before Plasma, he co-founded Alloy (an institutional crypto operations platform) in 2021, and he has extensive experience in crypto infrastructure. Angermayer, a German entrepreneur and investor, is known for founding Apeiron Investment Group and the biotech firm ATAI Life Sciences.

Plasma’s formidable market opportunity and talent have also drawn significant capital from major crypto personalities and venture capitalists. Notably, Paolo Ardoino of Tether/Bitfinex and later PayPal co-founder Peter Thiel were early backers, reflecting confidence from stablecoin and fintech veterans. The funding timeline for the project so far is as follows:

Plasma’s blockchain design blends high speed and Ethereum compatibility with Bitcoin-backed security. Key architectural points include the following:

Plasma is technically a standalone blockchain, but it 

 for security. A native, trust-minimized 

 periodically commits Plasma’s state roots onto Bitcoin. In other words, Plasma functions as a Bitcoin sidechain so that blocks can be periodically finalized on Bitcoin’s ledger.

Because Plasma is built from first principles for stablecoin use, its core features 

. For example, Plasma allows gas fees to be paid in stablecoins, such as USDT or , rather than a separate fee token. An embedded oracle-based swap converts any whitelisted asset into the native fee token in the background, avoiding situations in which users can’t pay gas fees. Another innovation is zero-fee USDT transfers, which facilitate simple USDT payments without any fee.

In deploying shielded transactions, Plasma aims to protect users’ financial histories by concealing transaction details, thereby enhancing privacy while maintaining security and compliance, in the hopes of 

making the chain appealing for users who value their financial privacy, such as high–net worth individuals or hedge funds.

Plasma is primarily targeting the broad expansion of stablecoins across crypto and traditional finance as follows:

Plasma’s immediate road map centers on launching a mainnet neta and forming ecosystem partnerships. According to its 

, Plasma’s team plans to deploy the core system early, and then begin integrations with stablecoin issuers, on-ramps, liquidity providers, DeFi platforms and fintechs. The mainnet beta will include the PlasmaBFT consensus, and the EVM layer as a stable foundation. 

Looking further ahead, Plasma’s official communications emphasize growing the network’s use for payments, remittances, DeFi and personal financial solutions. For example, the 

 notes plans to “accelerate development of our testnet as well as mainnet, and expand our ecosystem to support payments, remittances, DeFi and personal financial solutions.”

Ultimately, Plasma envisions a long-term future in which stablecoins power mainstream finance. The project’s progress is notable. Well-known founders, high-profile backers and substantial funding rounds signal confidence from the market. If successful, the chain will have the capacity to redefine the rails on which global digital money moves. Whether that vision materializes will depend upon the Plasma team’s execution, as well as its adoption by stablecoin issuers — and, of course, the competition.

Intermediate

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Plasma (XPL): Stablecoin layer on Bitcoin backed by Tether and Peter Thiel

If you’re interested in trading crypto, forex and/or CFDs with Bybit’s MT5 trading platform, follow our detailed step-by-step guide to get started right away.

MetaTrader 4 has long been one of the most widely used platforms in the trading world. With the introduction of MetaTrader 5 (MT5), it’s expected that more people will transition to this upgraded version to take advantage of its enhanced capabilities. 

Bybit TradFi (Bybit's MT5 platform) is designed to navigate the intricate financial markets with ease, allowing users to trade cryptocurrencies, forex and CFDs on metals, oil and indices. Equipped with top-tier liquidity, competitive fees and dedicated 24/7 customer support, Bybit TradFi offers an unparalleled trading experience.

Bybit TradFi is a state-of-the-art trading platform that allows users to engage in multi-asset trading. This includes cryptocurrencies, forex and contracts for difference (CFDs) across various commodities like metal, oil and indices. What sets Bybit TradFi apart is its ability to provide traders with advanced technological tools, including more than 90 indicators for thorough market analysis; flexible order management systems; and the ability to automate trades using Expert Advisors (EAs).

Traders can enjoy unparalleled benefits such as 500x leverage, 0-pip spreads and access to over 100 popular trading pairs. Bybit's commitment to ensuring optimal trade execution is evidenced by its emphasis on providing deep liquidity and ensuring minimal price impact on trades. Additionally, the platform offers tailored fee structures that reward traders with competitive rates, enhancing their overall trading experience.

If you’re interested in trading crypto, forex and/or CFDs with Bybit TradFi, you’re in the right place! Follow our detailed step-by-step guide below to get started right away.

How to set up your Bybit TradFi Account on the Bybit App

: Open the Bybit App on your mobile device and ensure that you’re logged in. 

tab at the top of the page. Then, tap on 

: Read the terms and conditions, and once you’ve fully read and understood them, tap on 

Congratulations! You’ve successfully created a Bybit TradFi Account. 

: You can input the amount of USDT you wish to transfer from your Funding Account to your TradFi Account, and you may also tap on 

to transfer all available funds in your Funding Account over to your TradFi Account. Once you’re done, tap on 

Congratulations! You’ve successfully funded your TradFi Account.

Now that your account has been funded, you can proceed to trade your preferred trading instrument, such as 

 and more. Navigate between the different types of trading instruments by tapping on the corresponding tabs.

If you would like to trade any of them, simply tap on your preferred trading pair. In this example, we’ll use 

: Input the amount you would like to buy or sell, and tap on the 

How to withdraw funds from your Bybit TradFi Account

: Navigate to the TradFi page and tap on 

to withdraw your funds from your Bybit TradFi Account to your Funding Account.

: Input the amount you wish to withdraw, and tap on 

The Bybit TradFi platform is tailored for traders who seek a robust, feature-rich trading environment. With its comprehensive set of tools and features, MT5 allows traders to effectively analyze markets, execute trades and manage their portfolios across multiple financial instruments. Whether you’re at home or on the go, Bybit TradFi ensures you’re always equipped to make informed trading decisions and maximize your trading opportunities. 

Start your journey on Bybit TradFi today and experience trading like never before, with the flexibility to trade anytime, anywhere on any device.

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How to use Bybit TradFi (MT5) to trade crypto, forex & CFDs

In this article, we'll explore what Bybit Pay is, what AEON is and how you can use both to make instant payments using your crypto assets in Vietnam and the Philippines.

 is the payment solution launched by Bybit to bridge the gap between Web3 and traditional Web2 payments through innovative real-world solutions and partnerships.

Bybit Pay recently announced a collaboration with 

, enabling users in Vietnam and the Philippines to make crypto payments seamlessly through popular national QR code payment networks — VietQR and QR PH. This partnership brings a new level of real-world utility to cryptocurrencies, enabling users to spend their assets effortlessly at supported merchants.

Let’s explore what Bybit Pay is, what AEON is and how you can use both to make instant crypto payments in Vietnam and the Philippines. From now through Jun 30, spend with Bybit Pay and stand a chance to get 

 is the crypto payment solution offered by 

, a leading global crypto exchange with over 70 million global users. Bybit Pay enables anyone to send and receive payments using cryptocurrencies like 

The mission behind Bybit Pay is simple: to make spending crypto as intuitive as traditional payment methods. Whether you’re shopping online or in person, Bybit Pay helps bridge the gap between Web2 payment systems and Web3 financial tools.

Bybit Pay is so much more than just a crypto wallet. It’s been designed to function as an all-in-one crypto payment platform to serve the needs of both individual users and merchants. Here’s how:

Bybit Pay supports local payment systems through QR code scanning, allowing users to make real-world transactions using their crypto balances. You can scan merchant QR codes directly through the Bybit app and settle payments instantly.

With support for simplified payment codes and blockchain addresses, users can send and receive funds without the need for complex wallet setups. Payments are processed instantly thanks to Bybit’s efficient network integrations.

The auto-savings feature allows you to earn passive income on idle crypto assets, turning your wallet into an interest-generating tool even while it’s ready for payments.

Bybit Pay supports 16 leading cryptocurrencies, including:

Bybit Pay offers real-time crypto-to-fiat conversions. Users can pay in crypto, and merchants receive fiat — instantly and with zero transaction fees, making it an attractive alternative to traditional credit card payments.

Bybit partners with AEON in Vietnam and the Philippines

Bybit’s new partnership with AEON, a Web3 infrastructure provider, connects Bybit Pay with local QR code payment systems (VietQR in Vietnam and QR PH in the Philippines), allowing users to spend their crypto at thousands of physical and online stores.

 is a crypto payment solution provider that simplifies crypto payments across multiple major blockchains, including Ethereum, Solana, BNB Chain, Tron, Arbitrum and TON.

Through various products, like its crypto payment API, Web3 online and mobile payment and more, AEON connects crypto businesses and users with merchants in Southeast Asia, Africa and Latin America.

 designed for AI, enabling AI agents to autonomously search, purchase and pay through a robust infrastructure called AI Payment.

enables customers in Vietnam to make mobile QR payments and is widely adopted by major Vietnamese banks and merchants, facilitating quick, cashless transactions.

 (QR Ph) enables secure, fast and in-person digital payments via QR codes across various banks in the Philippines. It aims to unify fragmented QR payment services into a single, efficient platform.

AEON’s integration with these payment networks means that any merchant that accepts VietQR or QR PH payments can now receive crypto payments from Bybit Pay users via AEON.

Here’s how Bybit Pay users can benefit from the partnership between Bybit Pay and AEON:

How to use Bybit Pay in Vietnam with VietQR

Here’s an easy step-by-step guide to making crypto payments in Vietnam using Bybit Pay and VietQR:

How to use Bybit Pay in the Philippines with QR PH

The process is almost identical for users in the Philippines, with the same steps 1 through 3. The following steps differ:

Bybit Pay’s integration with AEON brings real-world crypto utility to millions of users across Vietnam and the Philippines. Crypto holders can now make payments with ease at numerous merchants country-wide through widely available national payment systems like VietQR and QR PH.

From now through Jun 30, any Bybit Pay users who travel to Vietnam and the Philippines have a chance to receive Bitcoin in cashback. Simply spend at least $5 at any local merchants that accept QR Ph or VietQR codes with Bybit Pay and claim your BTC airdrop. 

Whether you’re shopping in Hanoi or Manila or dining in Halong Bay or Boracay, Bybit Pay allows you to spend crypto like cash — instantly, securely and fuss-free.

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How to use Bybit Pay with AEON (Viet QR and QR PH)

Bybit Learn

Crypto

Ledger and Trezor are the two most well-known cold wallet brands out there, but how do they compare? In this article, we take a look at how they do.

Ledger_Recover.jpeg

In the rapidly evolving world of cryptocurrencies, the concept of a 

 plays a crucial role in securely managing digital assets. As its name suggests, a crypto wallet functions similarly to a physical wallet, but instead of holding cash and cards, it stores private keys, public keys and other essential information necessary for accessing and managing various cryptocurrencies.

To store your cryptocurrencies, you essentially have two options. You could use software wallets, also known as hot wallets, where your crypto is stored online — for example, through an exchange. You could also use hardware wallets. 

Hardware (physical) wallets are also known as cold wallets or cold storage. Two of the most prominent cold wallets are Trezor and Ledger.

In this article, we’ll explore everything you need to know about the similarities and differences between these two hardware wallets as well as their pros and cons so that you know which one suits you better.

A crypto wallet serves as a digital storage and management system for cryptocurrencies, enabling users to store, send and receive digital assets in a secure and user-friendly manner.

Crypto wallets provide a gateway to the decentralized realm of cryptocurrencies, empowering individuals to take control of their financial transactions and participate in a peer-to-peer (

Crypto wallets come in various forms, catering to the diverse needs and preferences of users. They can be broadly categorized into two main types: 

. Hot wallets, including desktop, mobile, and web-based options, are applications or platforms that are installed on computers or mobile devices. On the other hand, cold wallets are physical devices designed specifically to secure cryptocurrencies offline, offering enhanced protection against online threats.

Regardless of the type, crypto wallets share a common purpose: to facilitate the storage and management of cryptocurrencies and interaction with them. However, it's important to note that crypto wallets do not physically store the digital currencies themselves, as cryptocurrencies exist on a blockchain network. Instead, they store the 

 required to access and manage the funds associated with specific blockchain addresses.

So why exactly use hardware wallets instead of software wallets?

As suggested, hardware wallets offer you a way of storing private keys without the risk of your data being stolen or manipulated.

You may wonder: Why not just use a software wallet and simply secure my device? You can do that, but computer malware can be disguised as a legitimate software program and trick you into authorizing access to your computer. It may even get past your antivirus. 

Additionally, no one can access a hardware wallet without your permission. A hardware wallet operates offline, offering greater security for your private keys. Thus, using a hardware wallet is safer because it prevents hackers from accessing your private keys and stealing your cryptocurrency.

Cold wallets are physical hardware (like USB flash drives). They usually have a hard plastic case surrounding a small screen that distributes the information. In order to access your private keys, you’re required to set up a PIN. When you set up for the first time, the PIN is a list of around (generally) 12 to 24 words. This set of words is known as the 

Write down the seed phrase and keep it somewhere safe, because if you lose your cold wallet or it becomes corrupted, you’ll need this seed phrase to re-access your crypto. You can then complete transactions with ease and simply confirm them through your hardware.

 was launched in 2014 by a French company of the same name. The company was founded to find an optimal solution for securing private keys when performing transactions on a blockchain. 

Over the years, Ledger has launched a few products along with Ledger Live. One of its most successful products is the Ledger Nano S, released in 2016. Back then, Ledger Nano S was known as the “original hardware wallet.” It was priced economically at $59, and could be used to purchase, secure and manage cryptocurrencies. 

 was released in 2019 at the price of $149. The Nano X is an advanced model of the Nano S, with improved features such as more battery power, bluetooth communication (end-to-end encrypted), mobile usage and a bigger screen.

 to replace the Ledger Nano S. The Ledger Nano S Plus is by far Ledger’s best model, thanks to its affordable price tag of $79 and its myriad features such as bluetooth connectivity, large capacity, wide range of coin support, advanced security and easy setup. The Ledger Nano S Plus also differs from its predecessor as it’s DeFi- and NFT-friendly. With the introduction of the Ledger Nano S Plus, Ledger eventually 

Ledger will soon be releasing another product known as the 

 in the spring of 2023. Pre-orders have already closed for the $279 Ledger hardware device, but interested customers can opt to sign up for email notifications and be informed when the Ledger Stax becomes available for purchase. 

Both existing models of the Ledger are widely used, and the one that will suit you will depend on your needs. If you’re more likely to hold your cryptocurrencies over the long term, Ledger Nano S Plus might be suitable for you. However, if you actively (daily) trade cryptocurrencies, then you might find Ledger Nano X to be the better choice. 

, centered around user identification. This feature enables users to safeguard a backup of their recovery seed phrase, offering a way to regain access to their private keys if they ever lose their recovery phrase. However, Ledger has faced substantial criticism from users who perceive this development as a direct contradiction to the fundamental principles of noncustodial wallets. Additionally, the recovery service necessitates the submission of government-issued identification, resulting in KYC registration for each user. 

Ledger has attempted to assure users that their private keys and crypto funds are safe, and that the feature is an optional one that isn’t automatically enabled. However, users are still concerned about the security of their assets, as they believe the existence of such a feature can create vulnerability to potential attacks.

With the resulting backlash over the past week, Ledger has announced on its 

 that the company has taken the crypto community’s feedback into consideration and will be 

 of the Ledger Recover feature. Charles Guillemet, the chief technology officer of Ledger 

 stating that a white paper on the Recover Protocol will be released “in the coming days” to “bring more verifiability to everything” the company does. 

 is based in the Czech Republic. As with Ledger, the purpose of this hardware wallet is to keep private keys offline and secure from potential hackers on the internet.

As the first hardware wallet ever released, Trezor has paved the way for the formation of other cold wallets. However, Trezor has established itself as one of the most eminent and safe cold wallets. The two models for purchase are the 

Trezor One was released in July 2014 at the affordable price of $69. It has a 128×64 pixel, bright OLED screen that can display all the details required for a user to verify a transaction, and it comes with two buttons for navigation. In terms of connectivity, it uses a micro USB connector and is equipped with a 120-MHz embedded ARM processor (Cortex-M3). It supports over 1,000 cryptocurrencies.

The Trezor Model T is the updated model of Trezor Model One and costs $219. While Trezor Model One remains the more popular purchase among the two, Trezor Model T has more features that increase the efficiency of this cold wallet. The most significant new feature on the Trezor Model T is its 1.54” color LCD touchscreen.

Both the Ledger and the Trezor have made it much easier to securely store private keys. However, while the two are similar, they also have their differences. We’ll briefly compare and contrast these two hardware wallets so you’ll know which one suits you.

Trezor supports more than 1,000 cryptocurrencies, while Ledger supports over 5,500 digital assets.

When it comes to the basic models — Trezor Model One vs. Ledger Nano S Plus — the latter is superior in that it supports more altcoins. In addition, Trezor One doesn’t support some major and popular cryptocurrencies, such as 

 (XTZ). Only the Trezor Model T supports them, but it’s also more expensive.

There hasn’t been any reported case where Trezor or Ledger has failed to protect people’s data. Both wallets require a pin code and seed phrase to let you access your crypto wallet. Ledger also has a Secure Element chip to 

. The only way you’ll be vulnerable is if you write your seed phrase on a computer or other smart device that gets hacked (or otherwise share the seed phrase). So both the Ledger and Trezor wallets are safe to use. 

Of course, as mentioned above, there are doubts about Ledger’s security, due to its recent launch of Ledger Recover. However, since the company has decided to delay the launch of the feature and to instead accelerate its open-sourcing road map, users may feel more at ease when deciding whether or not to purchase Ledger. 

On the other hand, Trezor is open-source, which allows people to see the source codes and redistribute or modify them. This means bugs can be identified more easily, but there’s also a slightly enhanced security risk.

Both Ledger and Trezor are very simple to use. The basic models, Trezor Model One and Ledger Nano S Plus, have a two-button system. Once you learn how to operate it, it’s very easy to access your crypto wallet.

In addition to Ledger Nano S Plus, Ledger Nano X also has a two-button system. 

Trezor Model T, on the other hand, is free of buttons and has a touchscreen. It’s much easier to use as compared to the two-button version.

So the Trezor Model T has the upper hand when it comes to ease of use.

Price plays a key role when you want to decide which brand to buy.

The Ledger Nano S Plus costs around $79, while Trezor Model One costs around $69. The difference between the two is minor.

The upgraded models are certainly more expensive. While the Ledger Nano X costs around $149, the Trezor Model T costs approximately $219. The difference in price between the pair is greater than with the basic models. However, the Trezor Model T doesn’t have any major advantages over the Ledger Nano X to justify this difference. 

Moreover, the Ledger Nano X offers Bluetooth connectivity, and the Trezor Model T doesn’t. So the $70 difference in price isn’t reasonable.

In terms of price, Ledger has the obvious edge over Trezor.

When it comes to the size of a hardware wallet, it depends on personal choice. Both the Ledger and Trezor are relatively small and easy to carry around. 

However, if you prefer a smaller, flash drive–style hardware, then Ledger is the choice for you.

If you want something that’s about the same size as car keys, then Trezor is the solution for you.

The Ledger Nano X has a stainless steel cover, which makes it very durable.

Both Trezor wallets have a plastic cover, which makes them less durable than Ledger. Of course, you can purchase silicone cases to protect your Trezor hardware, but that still doesn’t make Trezor as durable as Ledger. 

So Ledger takes the crown as the more durable hardware wallet.

A good display is important when it comes to reading crypto addresses, since every detail of a transaction should be carefully checked. 

When it comes to screen display, Trezor has a larger screen than Ledger. Many users consider this a huge benefit, because the information is more organized and easily comprehensible.

Moreover, the Trezor Model T comes with a colorful touchscreen that makes the display superior and much easier to use as opposed to the upcoming Ledger Stax’s E Ink touchscreen.

So when it comes to their displays, Trezor has the edge.

To conclude, both Trezor and Ledger are useful and safe options if you want to store cryptocurrencies. Whether one is better than the other depends on your personal preferences.

If you want a greater number of supported cryptocurrencies, cheaper hardware, smaller size and more durability, then Ledger might be the better choice for you.

If you want a better display, slightly more security, bigger size and easier-to-use hardware, then Trezor may be the better choice for you.

Interested in buying Ledger or Trezor? Ensure that you only do so through their official websites. If you don’t buy from secure websites, you run the risk of purchasing fake and malicious hardware wallets. 

Looking to purchase cryptocurrencies and store them in your newly-bought hardware wallets? 

 and kick-start your trading journey here! 

Ledger vs. Trezor: Which Is Better?

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Ledger vs. Trezor: Which Is Better?

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