Hotcoin Crypto Pulse Check with SuiEcoNews, ZetaChain and DepoCoin

Recorded: Aug. 8, 2025 Duration: 0:27:49
Space Recording

Short Summary

In a recent Hotcoin XSpace session, industry leaders discussed the evolving landscape of cryptocurrency, highlighting trends in regulatory clarity, partnerships enhancing security, and the growing interest from institutional investors. Coin Depot's innovative yield-generating platform and recent audits were also key points, showcasing the ongoing growth and adoption in the crypto space.

Full Transcription

Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Thank you. Hello everyone, welcome to today's Hotcoin XSpace.
I'm Svetlana, cross-listed manager at Hotcoin. Welcome to today's HotCoin XSpace.
I'm Svetlana, Cross and Listing Manager at HotCoin.
And this is Alpha Radar. Our weekly briefing on the most relevant trends, shifts, and signals across the crypto market.
So each week we speak with key builders ecosystem leaders experts to better understand
where the market is headed and today we have excellent lineup of speakers BD at Sui Econ Use, Choi, CEO at Deepa Coin.
we had Alex from Zeta Chain.
Unfortunately,
something urgent just came up.
we are currently
unsure if he will be able
to join us. Maybe Jonathan,
his colleague,
will jump in shortly but
anyway we are happy to kick off this xbase with so you can use in coin
depo hello guys let's make a micro Mike check Jason. How is it going? Hi.
Hello, Choi here from Coin Depot. Yeah, I can hear you when mic's working.
Yeah, thank you so much for joining.
Jason, how is it going for you?
OK, Jason, you're muted maybe you could unmute yourself and say hi so we could
check that your mic is okay okay let me invite you to speak again.
All right, so while we wait for Jason to reconnect, so Choi, so glad to have you at our Xspace today.
So we would love to learn more about you, about DepoCoin.
So could you please briefly introduce yourself and your project?
Yeah, thank you for having us. So I lead Coindepo. We are a crypto savings platform. We try to model
ourselves as you know a new yield generating platform. So you deposit the crypto with us and we have fixed rates of
return so for your assets we partnered with fireblocks for our custody and insurance
and yeah that's what we do in a nutshell you know just making it easier for people to
deposit tokens and earn a simple interest with none of the complicated
stuff like hot wallets and liquidity pools and stuff like that.
I think we at Target is usually people coming from traditional finance, traditional saving
instruments.
They're able to leverage crypto as their method of earning a higher, slightly higher
yield than say a traditional account
okay sounds great thank you so much uh by the way just uh i'm just curious um is coin depot offer
uh like uh much higher yields uh than competitors so uh why users should deposit and stake on Depple coin?
Oh, sorry, CoinDepple.
Yeah, I think what we have going for us is your tokens are not locked, right?
So, for example, you deposit today and tomorrow you have an emergency
or you need the funds immediately.
There's no lock-in period uh what what what happens is uh you'll probably just earn a day's interest so because you have kept the tokens for locked up only for a day so i think that helps as
well all right so uh like is your uh like deposits and funds are more liquid, but, uh, anyway, during, uh, this deposit users could earn, uh, yield. Cool. So yeah. Awesome. Um, by the way, uh, what is happening with, uh, traditional funds for, uh, Coindepo, for example, because like now more institutional investors from traditional or how you like actually could check
your users so really curious yeah i think with all the positive news right especially
coming from the united states with regards to crypto clarity i think the sec also just announced
you know the lawsuit against xrp is over we have a large number of users, for example, that hold XRP.
And so the demand, we are getting a lot of incoming requests.
We are also seeing a lot of small companies or large or medium companies.
Oh, Choi, I guess I lost you.
So I can't hear you now.
Maybe you could mute yourself and try to mute again.
What is happening today with our speakers?
We lost Jason and no Choi as well well uh so maybe you could like reconnect uh to the XP so I'll hear you, I guess. Yep, now I can hear you, I guess.
Yep, go ahead.
It's the same issue, so we can't hear you.
I even don't see your mic.
Let me remove you from the speakers and invite again.
Oops. Oops.
Choi, I just invited you to speak.
So could you try to accept?
Yeah, I guess like, yeah, I see that X Twitter recently had so many tech issues.
There is so much upgrades and there is happening so regular recently.
So speakers has issues.
Joy, I'm inviting you to speak again
um okay guys just a few moments uh we will try to invite to speak to you again.
Also, let me ping Jason.
Yeah, Jason, I guess you are here.
So could you please request my?
Oh, yep. I hear you. Yeah, I'm sorry. I i don't know something wrong with the application no oh it's
okay no worries i guess it's issues on x side so okay so go ahead happy to hear you again
yeah i'm so sorry uh so yeah like i was saying, you know, with a lot of countries now opening up regulation, the SEC case ending up against XRP yesterday, a lot of the customers hold XRP.
We are also getting a lot of inbound requests from smaller offices, smaller family offices, trying to understand what you know how to enter the crypto space uh how
should they diversify their portfolio for example uh so yeah requests coming in i think we are also
seeing a lot of retail participants uh the volume increasing so yeah all in all it's good
yeah this sounds really great so yeah uh happy to hear that you're on the curve. Because yeah, traditional adoption is like the great area right now for DeFi projects. So cool.
Cool. So, Terry, also I'd love to hear from you.
Looking at the past few weeks, what crypto use also catch your eyes recently?
I think, again, leading with the United States, I think I was reading that people you know, people are now able to buy cryptocurrencies
for their 401k, which is their retirement accounts.
So I think, again, capital-wise, I think that is a great initiative, brings more liquidity
to the market.
I also think about being more crypto-friendly, trying to bring out regulations.
I think we're still lacking in that space but uh yeah positive news uh all around i guess
okay yeah thank you so much yeah i i also really aligned uh there is actually yeah i also like uh catched and yelled the space uh is so bullish uh about this uh also what catch like
has coin recently it's just again this meme coin meta uh just uh explored yesterday with this uh
mean mean coin ibiza boss so we also listed this token and like so such a great volume there so um yeah
that's interesting that market is still so alive uh in both ways like in bitcoin uh a serum and also
in meme coins again so uh okay okay um so maybe you also could share in dive into um coin depot or
depot coin i still didn't figure out so um uh yeah could you maybe share uh your recent uh
milestones or maybe future product updates that you're releasing soon.
So our listeners also could maybe jump in to try it
to see value for them.
So could you please share anything
you're particularly excited about?
Yeah, excited to share.
You know, we had just tied up with Hackin.
They were auditing our platform with the penetration
testings and APIs.
So I think that report just came out yesterday,
and happy to announce that there were no vulnerabilities
We also have a smart contract audit
that is being taking place with CertiK.
They are reviewing the code.
And again, results should be out soon.
We are also another third-party auditor
on the platform is going on as well.
I think those are the key things that, you know,
that decisions we made.
Oh, sorry.
I guess I lost you.
Okay, now it's good.
Okay, go ahead.
Just some issues
that customer
unfortunately we're like oh i like hear you just for one second after this one second gap.
Oh my gosh.
X is making me crazy.
Okay, Choi, let me try to reconnect you again because there is still some issues.
Oh my gosh maybe uh okay x is also tired on friday
and wanna some rest um
okay we also like lost today all of our speakers maybe it's a sign to go rest on friday evening or day for somebody yeah actually the
space is so hot recently there is so much bullish uh signals so we really expect uh to see really
hot august but yeah of course august uh usually is not the hottest months
because people are like having rest vacations but yeah what is happening now it's crazy so
uh it's really important to watch what's happening like in crypto every day so there is no time to lost the line
and yeah I guess this concludes today our X space for some reason.
But yeah, thank you so much, Choi.
I know you can't answer me now.
But thank you so much for your insights,
also sharing your perspectives,
sharing more about Coin Depot.
more about Coin Depot,
so every listener can also check your project,
product, full of your eggs.
So thanks everyone who joined us today.
We are happy to see that you like to stay informed.
So be sure to follow our speakers
and stay connected with HotCoin for future Alpha Radar briefings.
So as always, we wish you big moves ahead and also great weekends.
So bye bye.

Host

Speaker