Cointime

Download App
iOS & Android

BitKeep 2023 Roadmap Reveals Its Plan to Rebrand as Bitget Wallet and Strengthen Security

Cointime Official

BitKeep, one of the world's leading non-custodial cryptocurrency wallets, has announced its new 2023 roadmap, following a $30 million fundraising from Bitget, a top crypto derivatives and copy trading platform. The roadmap reveals plans by the multi-chain wallet to revamp its brand, restructure the management team, and strengthen the overall security system.

One week ago, Bitget announced the $30 million investment in BitKeep, increasing its shareholding and becoming the controlling stakeholder. Beyond extending the exchange’s range of services, the investment also involves its support for BitKeep in global expansion and security upgrades.

According to the 2023 roadmap published on Twitter, BitKeep has started a rebranding that aims to deliver a more uniform visual presence as part of the Bitget ecosystem. As part of this rebranding, the DeFi wallet will be renamed as Bitget Wallet, and the updated logo, app, and website will undergo stylistic alterations in the coming weeks.

Leveraging Bitget’s expertise in building a robust crypto trading platform, BitKeep unveils multiple measures to evolve its security infrastructure, including a more stringent pre-release review process, partnerships with security auditing firms like Certik, the inclusion of MD5 verification for APK packages, and the support of hardware wallet providers like KeyStone. Moreover, the integration will allow BitKeep users to be protected by the $300 million Bitget User Protection Fund in the event of any potential security threats in the future. BitKeep also declared that it has fully compensated all the eligible users affected by the security incident last December.

The roadmap also highlights its plan to build a more product-focused team. At the management level, Kevin Como, one of the co-founders at BitKeep, will be stepping down as CEO of the company. Karry Cheung, the current Chief Product Officer (CPO) of BitKeep, will be promoted as the new CEO. Several talents from Bitget will join the BitKeep R&D and security team to improve the service stability and security of the non-custodial wallet. Following the investment, BitKeep will continue to function as an independent entity both operationally and structurally.

Moving forward into the rest of 2023, BitKeep will continue to enrich its suite of product offerings and will be looking to delve into the realms of MPC (multi-party computation) and AA (account abstraction). It is also developing features related to Web3 DID (decentralized identity) and is in the process of supporting the ZK-Rollup ecosystem, providing users with seamless access to everything they could need as they explore the frontiers of Web3.

Moka Han, Chief Operating Officer at BitKeep, commented: “We have successfully established ourselves as a reputable crypto wallet with a wide range of services including storage, swap, NFT marketplace, and more. After joining the Bitget ecosystem, we will be more confident in competing in the global market, reaching higher as more quality services and features are introduced - all in our endeavor to redefine what it means to serve as the ultimate portal into the Web3 space.”

Gracy Chen, Managing Director of Bitget, states: “We have seen a surging demand for a safer way to store their digital assets and a more user-friendly approach to dive into the Web3 world in the crypto community, and Bitget is actively exploring smarter solutions. We are working with the BitKeep team to bring the most-used DeFi features, swap, NFT marketplace, and dApps, to the millions of users in the Bitget ecosystem, inspiring the next 1 billion individuals to embrace crypto as we expect in our mission.”

Founded in 2018, BitKeep Wallet began its journey with a focus on building a secure, reliable, and convenient way for users to manage their digital assets in a decentralized manner. As time progressed, the team behind BitKeep Wallet recognized the growing importance of addressing the increasingly diverse needs of their users within a rapidly evolving Web3 space. This realization inspired the team to explore new ways to improve its range of offered services and adapt to dynamic user demands, on top of serving as a decentralized wallet solution.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange with futures trading and copy trading services as its key features. Serving over 8 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. It also inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi, the leading Italian football team Juventus, and official eSports events organizer PGL. According to Coingecko, Bitget is currently a top 5 futures trading platform and a top 10 spot trading platform.

About BitKeep

BitKeep is a decentralized multi-chain digital wallet that provides an all-in-one solution for a comprehensive portfolio of services, including an integrated NFT Marketplace, wallet function, swap services, DApp Browser, and Launchpad. It offers reliable and secure asset management and trading services to more than 9.5 million users worldwide, covering 168 countries in North America, Europe, and Asia, and is the top-rated wallet on Google Play globally, surpassing Metamask. BitKeep currently supports over 255,400 types of cryptocurrencies across over 90 chains, including major ones such as Bitcoin, Ethereum, Polygon, BNB Chain, Fantom, and Solana.

Comments

All Comments

Recommended for you

  • Bank of Japan to Maintain Interest Rates in April

    On April 21, according to Nikkei News: The Bank of Japan will maintain interest rates unchanged in April.

  • Iranian Military: Ready to Respond Decisively to 'Enemy's Breach of Promises'

    On April 21, local time, Abdollahi, commander of the Khatam al-Anbiya Central Command of the Iranian Armed Forces, stated that Iran is prepared to respond decisively to the 'enemy's breach of promises.' Abdollahi emphasized that the current Iranian military possesses 'authority, readiness, and comprehensive strategic capabilities.' He noted that the Islamic Revolutionary Guard Corps and other defense forces have demonstrated combat capabilities in relevant operations, putting 'Israel and the United States in a difficult and fatigued position,' forcing them to 'seek a ceasefire.' Abdollahi also stressed that the Iranian armed forces maintain a high level of unity with the government and the people under the supreme leader's unified command, and will respond 'decisively, resolutely, and promptly' to any threats and actions. (CCTV News)

  • Another Iranian Oil Tanker Returns to Iran After Breaking US Blockade

    On April 21, according to CCTV News, maritime intelligence company 'TankerTrackers' reported that a tanker belonging to the National Iranian Tanker Company returned to Iran after unloading approximately 2 million barrels of crude oil in Indonesia, crossing the relevant maritime blockade line. The tanker is currently en route to Iran's main oil export hub, Khark Island, and is expected to arrive on April 22 local time. It is reported that the tanker set sail from Iran in late March, heading towards the Riau Islands of Indonesia.

  • White House: US and Iran on the Verge of Reaching an Agreement

    On April 21, White House Press Secretary Kayleigh McEnany stated in an interview with Fox News on the evening of the 20th that the United States and Iran are on the "verge of reaching an agreement." McEnany remarked, "The US has never been closer to achieving a truly good deal." However, she did not disclose any information regarding the current status of the negotiations. McEnany noted that even if an agreement is not reached, President Trump has multiple options and is not afraid to utilize these measures. Previous actions have demonstrated that Trump is not just "bluffing."

  • Kelp DAO Attacker Transfers 30,800 ETH to Special Address

    On April 21, news emerged that, according to monitoring by PeckShield, the Kelp DAO attacker transferred 30,800 ETH to a special address starting with 0x00000, possibly indicating a destruction action.

  • Trump: 'Midnight Hammer' Completely Dismantled Iran's Nuclear Dust Base

    On April 21, U.S. President Trump stated that the 'Midnight Hammer' operation has completely destroyed the 'nuclear dust' base within Iran. As a result, the cleanup will be a long and arduous process. The fake news media, including CNN and other corrupt media networks and platforms, have failed to give our great pilots the credit they deserve, instead always attempting to belittle and undermine them. They are losers!!! (Dongxin News Agency)

  • BTC Drops Below $76,000

    Market data shows that BTC has dropped below $76,000, currently priced at $75,999.63, with a 24-hour increase of 1.68%. The market is experiencing significant volatility, so please ensure proper risk management.

  • Japan Officially Allows Export of Lethal Weapons Through Cabinet Resolution

    On April 21, according to Kyodo News, the Japanese government officially revised the 'Three Principles on Transfer of Defense Equipment' and its operational guidelines during a cabinet meeting, which will, in principle, allow the export of lethal weapons. (Xinhua News Agency)

  • Trump Claims Iran Will Negotiate

    On April 21, during a phone interview with CNN, U.S. President Trump stated that Iran "will negotiate" and expressed confidence in potential talks set to take place in Pakistan. Trump remarked, "They will negotiate; if they don't, they will face unprecedented problems." He also expressed hope that both sides could reach a "fair agreement" and emphasized that Iran "will not have nuclear weapons." Additionally, he defended military actions against Iran by stating there was "no choice" and claimed that they would ultimately "wrap things up."

  • Web3 data and AI company Validation Cloud completes $10 million in new round of financing

     Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.