Podcast
UBCNews - Cryptocurrency
Hosted by UBCNews · EN
UBCNews - Cryptocurrency is your favorite digital storyteller and trustworthy news source.
10episodes
Episodes
Newest firstAll episodes
Decentralized Banking System & Understanding How Deobanking Works: Let’s Discuss
Mar 1100:07:10Tap to summarizeFor decades, banking has followed the same basic model. You deposit money. The bank holds it. In return, you get savings accounts, loans, and payment services. It’s regulated and familiar. But it also means someone else controls your funds, sets the rules, and charges the fees. Crypto banking offers a different structure. Built on blockchain technology, it allows people to hold assets directly, transact without intermediaries, and access financial services with only an internet connection. It sounds disruptive. The real question is what that actually looks like in practice. This episode breaks down crypto banking, DeFi, and onchain finance in clear terms so you can understand what’s happening and decide if it matters to you. Crypto banking refers to financial services built on blockchain networks rather than traditional institutions. Instead of a bank holding your money and approving transactions, software protocols manage lending, borrowing, trading, and payments. The key shift is control. In traditional banking, institutions act as gatekeepers. In crypto banking, assets sit in a digital wallet you control. Transactions follow code, not institutional policy. That structure is powered by blockchain technology. A blockchain is a distributed ledger maintained across thousands of computers. No single entity owns it. Transactions are transparent and verified by the network itself, removing the need for a centralized intermediary. DeFi, short for decentralized finance, sits at the core of crypto banking. It refers to financial applications built directly on blockchain networks, most commonly Ethereum. In traditional finance, lenders evaluate credit, set terms, and manage repayments. In DeFi, lending and borrowing occur through smart contracts. These are self-executing programs that automatically enforce agreements when conditions are met. For example, if you deposit crypto as collateral, a DeFi protocol can issue a loan instantly. No credit check. No approval process. The contract handles it. This structure allows services to run continuously. DeFi platforms operate 24/7, without geographic restrictions or identity-based discrimination. Anyone with a wallet can interact with the system. Onchain activity refers to transactions recorded directly on a blockchain. Offchain activity happens outside the blockchain, such as on centralized exchanges or traditional financial platforms. Onchain finance matters because it is transparent. Anyone can verify transactions on a public ledger. Records cannot be quietly altered or hidden. When you lend, borrow, or trade through a DeFi protocol, the transaction is recorded onchain. That transparency builds trust without relying on a central institution. Several elements make crypto banking function. Wallets allow you to store assets and interact with blockchain networks. Non-custodial wallets give you full control, meaning only you can access your funds. That control also brings responsibility. If you lose your private keys, recovery is impossible. Stablecoins are cryptocurrencies pegged to traditional currencies like the US dollar. They reduce price volatility while maintaining the speed and flexibility of crypto transactions. Decentralized exchanges (DEXs) allow users to swap tokens directly through smart contracts. There is no centralized company holding funds during the trade. Lending protocols let users deposit assets to earn interest or borrow against collateral. Loans are overcollateralized, meaning you must deposit more value than you borrow. Staking and yield strategies provide ways to earn returns by locking assets into networks or liquidity pools. Higher potential returns usually come with higher risk. Using crypto banking looks different from traditional banking. Sending funds requires only a wallet address. Transfers can settle globally in minutes without wire fees or banking hours. Earning interest involves depositing assets into lending protocols. Rates fluctuate based on supply and demand. Borrowing requires posting collateral. If the value of that collateral drops below a threshold, the system automatically liquidates it to repay the loan. Trading on a DEX happens by connecting your wallet and approving a transaction. There is no account approval process. The experience is fast and direct. It is also less forgiving if mistakes are made. The Advantages Crypto banking attracts attention for several reasons. Access is global. Anyone with internet access can participate. Control remains with the user. Accounts cannot be frozen by a central institution. Transparency allows public verification of transactions. Potential yields often exceed traditional savings rates. Services operate around the clock. For people underserved by traditional banks, these features are meaningful. The Risks The tradeoffs are significant. Cryptocurrency markets are volatile. Asset values can change dramatically. Smart contracts can contain vulnerabilities. Hacks have resulted in major losses. Regulatory frameworks are still evolving. Rules may change. There is no FDIC insurance. Losses are typically permanent. User error is common. Sending funds to the wrong address or mismanaging private keys cannot be reversed. Crypto banking offers autonomy, but it removes many traditional safeguards. Getting Started Carefully Anyone exploring this space should proceed deliberately. Choose a reputable wallet and understand the difference between custodial and non-custodial options. Learn about transaction fees, often called gas fees, which can fluctuate. Start small. Treat early activity as education. Use trusted educational resources and avoid hype-driven decisions. Looking Ahead Crypto banking and onchain finance remain early-stage technologies. Institutional participation is growing. Regulatory clarity is slowly developing. Traditional financial companies are experimenting with blockchain integration. The long-term vision is a financial system that is more open and transparent. Whether that vision fully materializes depends on how the technology, regulation, and market behavior evolve. Want to learn more how to get started in this space? Check out the link in the description. https://frank.jbeanwefiteam.com City: Box Elder Address: 514 Americas Way Website: https://frank.jbeanwefiteam.com Phone: +1 845 728 1489 Email: frankg@jbeanwefiteam.com
Transcribe →Hillorie Le’s Crypto Trading Method Helps Young People Gain Financial Freedom
Feb 700:04:19Tap to summarizeCrypto Queen Hillorie Le hopes to help other young people and millennials achieve financial freedom through cryptocurrency trading and enjoy the lifestyle they crave. Twelve years ago, Ms Le found herself stuck in an uninspiring nine-to-five office role that often left her feeling drained and bored. But soon, the businesswoman will mark ten years since she quit her job as an accredited accountant and begin to live off the consistent, significant income she's achieved through cryptocurrency trading. Now, Ms Le wants to help others do the same. In 2014, Ms Le began to trade on the foreign exchange (forex) market under the guidance of a mentor. It took her two-and-a-half years of consistent, sustained training to reach a point where she could make a day’s salary on her own time, before heading into work. It was then she knew she could afford the lifestyle she wanted, without working for someone else. The accountant-turned-trader spent the next year travelling with her partner through Australia and Southeast Asia. At the same time, she began to consider applying her knowledge to cryptocurrency. “I first looked at Bitcoin back in 2014 but was too fearful to enter with my real money due to a lack of trustworthy information on how to acquire and trade Bitcoin safely,” Ms Le said. “I knew cryptocurrency was the promised future, so I took my success and knowledge in the forex market, applied the same principles and strategies, but tweaked them until I found something that worked in the fast-moving crypto markets.” Once back in her home base of Toronto, friends and family began to see Ms Le’s success. While she spent hours studying charts, analyzing cryptocurrency price movements, and backtesting trading strategies to determine profitability, others asked for help, wanting in too. Ms Le was giving one-on-one Bitcoin and cryptocurrency trading advice to friends, old classmates, and even people she had only met once when the coronavirus pandemic hit. From there, interest in her teachings only rose as the health crisis began to affect people financially worldwide. In May 2020, she launched her Crypto Trading Mastery class, designed to teach novices how to open their first Bitcoin wallets and learn the fundamentals of buying, using, and spending their funds. “This is a global revolution by education, and I’m set on helping people step into the world of cryptocurrencies. “Crypto is not supposed to be scary or over-complicated. Even if you don’t currently own crypto, never traded before, didn’t take finance in school, and even if you aren’t good at math, this can work for you. “My goals are to single-handedly have a huge part in driving crypto adoption by helping others open their first Bitcoin wallets and get comfortable understanding, buying, using, and spending cryptocurrency because I know it’s our future.” Ms Le’s Crypto to Riches Trading Education business has helped thousands of people in more than 65 countries start their crypto journeys. Her mission is not over yet, as she hopes to equip one million additional families worldwide with crypto and financial literacy and empower them to achieve financial freedom. “There are no get-rich-easy schemes with crypto - anything worth doing takes work and commitment. You need to learn a simple and proven strategy before you can profit,” Ms Le said. The businesswoman primarily wants to help young women enter the male-dominated field and set themselves up independently. “As the first female crypto trading mentor and course creator in this male-dominant arena,” she says, “I hope this course will help introduce more women into crypto, trading, and finance." "Women naturally make better traders and investors, a well-known statistic reported by Wall Street and institutional trading floors." “I had a lot of expecting moms and new moms in my course because of the COVID-19 baby boom. I am so grateful I was given the chance to positively impact these women’s lives, enabling them to spend time with their newborns and family without sacrificing their family’s financial stability.” Crypto To Riches Trading Education City: Toronto Address: 2967 Dundas Street West Website: https://www.cryptotoriches.com/ Email: support@cryptotoriches.com
Transcribe →Want To Trade Crypto While You Sleep? Here's The Cost Of The 24/7 DeFi Market
Feb 600:09:03Tap to summarizeSo here's something that keeps a lot of crypto traders up at night - literally. The market never closes. While you're sleeping, prices are moving, opportunities are passing by, and somewhere across the globe, someone's making a trade. But is this 24/7 access really the advantage it seems to be? WaDeGo Media LLC City: Broken Arrow Address: E 32nd Pl S Website: https://wadegomedia.com/
Transcribe →What Is a Deobank & Why Does It Matter for Your Crypto Financing Plan?
Jan 1500:03:15Tap to summarizeWhat happens when you take everything you expect from a bank—payment cards, transfers, savings tools—and rebuild it on blockchain infrastructure? The answer is something called a Deobank, and it's changing how people think about managing money. Let me back up for a second. Traditional banks operate on systems that are, frankly, ancient. They were built for a world where digital assets didn't exist. That's why so many crypto holders run into problems. You try to move funds from an exchange to your checking account, and suddenly you're on the phone with a fraud department explaining what Ethereum is to someone who's never heard of it. Deobanking solves this by putting cryptocurrency and fiat currency in the same account. You hold both. You spend both. And here's the part that really matters—you actually control your assets instead of trusting a bank to hold them for you. Now, the on-chain aspect is what makes this different from regular crypto exchanges. Every transaction gets verified on the blockchain. There's no mysterious back-end processing. You can see exactly what's happening with your money at any time. That level of transparency simply doesn't exist in traditional banking. What really caught my attention though is how these platforms handle rewards. Instead of earning tiny interest rates like you'd get from a savings account, Deobank users can participate in programs like ITO mining. This isn't the hardware-intensive Bitcoin mining you might be picturing. It's participation-based, meaning you earn rewards through ecosystem activity without needing expensive equipment or technical expertise. The experts at JBean WeFi Team have been breaking this down for newcomers in ways that actually make sense. They explain that the goal isn't to replace your understanding of finance—it's to give you tools that work better for how money actually moves today. Globally accessible, mobile-first, and transparent by design. Payment cards connected to these accounts work at any merchant that accepts standard cards. You're spending crypto, but the store receives regular currency. It happens automatically at checkout. No awkward conversations, no declined transactions. If you've been curious about how decentralized banking actually works in practice, the JBean WeFi Team offers guided resources and educational materials that walk you through everything step by step. Check out the link in the description to explore whether this approach fits your financial goals. Disclaimer: The information provided on this page does not constitute investment advice, financial advice, trading advice, or any other sort of advice and it should not be treated as such. This content is the opinion of a third party and this site does not recommend that any specific cryptocurrency should be bought, sold, or held, or that any crypto investment should be made. The crypto market is high risk, with high-risk and unproven projects. Readers should do their own research and consult a professional financial advisor before making any investment decisions. https://frank.jbeanwefiteam.com City: Box Elder Address: 514 Americas Way Website: https://frank.jbeanwefiteam.com Phone: +1 845 728 1489 Email: frankg@jbeanwefiteam.com
Transcribe →Crypto Hedge Funds Open Doors for Retail Investors, But Are They Worth It?
Dec 900:08:48Tap to summarizeWelcome back, everyone. Today, we're getting into something that could really shake up the investment world. Can everyday retail investors actually get into crypto hedge funds? A new report is breaking down the barriers, and honestly, the findings are pretty eye-opening. WaDeGo Media LLC City: Broken Arrow Address: E 32nd Pl S Website: https://wadegomedia.com/
Transcribe →Worried About Your Financial Future? Here's How To Start Retirement Planning Now
Nov 2600:07:53Tap to summarizeWelcome back, everyone! Today we're tackling something that affects, well, pretty much all of us - retirement planning. And I know, I know, if you're in your twenties or thirties, retirement feels like a lifetime away. But here's a stat that might wake you up: 56% of Americans are not financially ready for retirement. Wealth Building Way City: Austin Address: 16238 Highway 620 N. Website: http://wealthbuildingway.com
Transcribe →Want to Win with Bitcoin? Free Training Shows You How Without the Hype
Nov 1600:02:15Tap to summarizeEntrepreneurs, investors, and visionaries who want to gain confidence and clarity before diving into the Bitcoin world, The Heights Project is offering a free on-demand training now available. The training will be held at The Heights Project community and will take less than 1 hour. For full details, interested parties are encouraged to view the website and join the community at https://theheightsproject.com/. Areas of Free Bitcoin Training for Entrepreneurs & Investors Launched by The Heights Project that will be covered include: Getting Clarity on Bitcoin — Without the Hype - Discover the truth about Bitcoin in simple terms. Learn how it really works, why it exists, and how everyday people are using it to protect and grow their wealth — no charts, no jargon, no hype. Building Bitcoin Foundations Step by Step - Understand exactly how to start — from choosing the right platform to making the first purchase safely. People will get a guided walkthrough of trusted tools and simple strategies that anyone can follow. The Mindset and Strategy of a True Bitcoin Conqueror - Go beyond price speculation. Learn the long-term wealth-building principles and disciplined approach that helped Vlad go from uncertainty to financial freedom with Bitcoin — one clear move at a time. When asked about the reasons behind the decision to provide free training on such an in-demand topic, Vlad Castillo, Founder of Castegy & The Heights Project said, “Most people lose with Bitcoin because they overcomplicate it. My goal with this training is to give you the same simple, proven approach that’s helped me win consistently — without hype, stress, or endless noise.” Entrepreneurs, investors, and visionaries who want to gain confidence and clarity before diving into the Bitcoin world, can find the most up-to-date information about the free training at https://theheightsproject.com/. Customers who have specific questions about the training itself may contact The Heights Project via their website. Castegy LLC City: Parsippany-Troy Hills Address: 2001 U.S. 46 Website: https://castegy.com/
Transcribe →Crypto Hedge Fund For The Small Investor
Nov 1600:06:02Tap to summarizeWelcome back, everyone. Today we're tackling something that's been making waves in the crypto world - hedge funds specifically designed for small investors. You know, traditionally these funds have been the playground of the wealthy, but that's changing. I'm joined by someone who's been following this space closely. Let's start with the basics - what's been keeping average investors out of hedge funds? WaDeGo Media LLC City: Broken Arrow Address: East 32nd Place South Website: https://wadegomedia.com/ Email: support@wadego.com
Transcribe →Why Crypto Traders Fail: The Hidden Psychology Destroying Trading Accounts
Nov 1600:06:50Tap to summarizeWelcome back, everyone. Today we're examining something that might hit close to home for many of our listeners - why so many crypto traders end up losing money. I'm talking about the psychological traps that destroy trading accounts. Here's what research consistently shows: studies indicate that a significant percentage of cryptocurrency traders lose money and eventually quit, with some estimates ranging from 70% to over 90%. Our guest today has spent years analyzing what separates the winners from the losers in traditional and crypto markets. So, uh, what's really happening here? MW Trading World City: Frankfurt am Main Address: 4 Börsenplatz Website: https://www.mwtradingworld.com/
Transcribe →United Network Redefines Self-Custody with a Next-Gen Cold Wallet
Nov 1600:06:06Tap to summarizeFor more than a decade, crypto has promised financial freedom — but for most people, securely storing their digital assets still feels like a trap. Keep funds on a smartphone wallet, and one hack or malware attack can wipe everything out. Trust an exchange, and one risk's waking up to headlines about bankruptcies or frozen withdrawals. They’ve all seen what can go wrong — from the dramatic FTX collapse to billions lost in exchange hacks each year. In 2024 alone, over $2.2 billion worth of crypto was stolen, according to Chainalysis. The first half of 2025 already surpassed that figure, including what experts called the largest centralized exchange hack in history. If trends continue, global losses could exceed $4 billion in 2026. These numbers tell a clear story: centralized custody is not real ownership. When one's crypto sits on an exchange, it’s not truly one's — it’s just a number in someone else’s database. The Hardware Wallet Dilemma: In theory, hardware wallets were designed to solve this — giving users full control of their keys. But let’s be honest: for many, setting up a traditional hardware wallet still feels like rocket science. Seed phrases, firmware updates, and confusing interfaces scare away regular users. Many investors who made millions in early Bitcoin days admit they have no idea how to safely manage or even access those funds today. The result? People end up leaving their coins on exchanges “for convenience,” hoping for the best. But as they learned from FTX and countless hacks before and after it, convenience without control is an illusion. United Network’s Approach: A Cold Wallet That Feels Familiar: United Network is reimagining self-custody from the ground up — by making it as intuitive as tap-to-pay. Instead of clunky devices or cables, their hardware wallet takes the familiar form of a bank card. It’s a multichain, non-custodial cold wallet that supports native Bitcoin, Solana, EVM networks, Tron (TVM), and more. To send, receive, or swap crypto, users simply tap the card on their smartphone, just like making a contactless payment. Behind that simplicity is serious cryptographic engineering: the private key is generated and stored only inside the card’s secure chip — and it never leaves. According to co-founder Danylo Rumiantsev, “Each time you tap to sign a transaction, it’s verified directly by the chip — not through any server or backend. That means no data leaves your card, and no one else can access your funds.” The chip is the same kind used in certified banking systems, and communications between the phone and card are encrypted using the FIDO protocol for maximum protection. Why Cold Wallets Matter More Than Ever Cold wallets — meaning devices that keep private keys offline — have always been the safest way to store crypto. Unlike software wallets that can be compromised through malware or phishing, or exchanges that can collapse overnight, United Network's Cold Wallet give's one true ownership and sovereignty over one's funds. The FTX disaster was the wake-up call for millions. When the exchange froze customer withdrawals and later collapsed, billions in deposits vanished overnight. None of those users technically “owned” their crypto — the exchange did. With United Network’s approach, ownership finally means control — without needing to understand complex cryptography or hardware setup guides. From Complexity to Simplicity: United Network’s co-founder, Danylo Rumiantsev isn't a newcomer to hardware security. His previous work in secure product design taught them how hard it is to make security usable. When he turned his attention to blockchain, he saw the same problem: tools that promised safety but alienated normal users. “We live in times where users want everything simple and transparent,” says Rumiantsev. “If crypto is to achieve mass adoption, people shouldn’t need to be experts to stay safe.” Watch Backstory of United Network Self Custody Cold Wallet on Video link here from Danylo Rumiantsev. That insight inspired the company’s guiding principle: combine security, self-custody, and accessibility into one elegant form factor. No cables. No apps to install. No backend servers to trust. Just a card — secure, portable, and as easy to use as one's debit card. A New Standard for Self-Custody United Network's Cold Wallet isn’t just for individuals. The startup also offers white-label solutions for institutions and enterprises that want to provide secure, branded digital asset storage to their clients. With its mix of simplicity, transparency, and independence, United Network may represent the next step in crypto’s evolution — one where security and usability finally meet. The wallet is now available for worldwide shipping, with expanded network support and new user-friendly features planned for the coming months. Because at the end of the day, crypto’s promise was never about speculation — it was about sovereignty. And sovereignty begins with self-custody. Click here for stay in touch with them over Twitter (X) for the latest updates from United Network Wallet including the Wallet Activation Guide shared at Token2049 Event in Singapore dated 1 & 2nd October, 2025. The United Network Wallet is a hardware NFC wallet card that lets the one securely store his assets in full self-custody. Synergy Global Enterprise LLC City: singapore Address: 111 North Bridge Road #21-01 Website: https://pixelproduction.com/
Transcribe →