Risk Disclosure

Security review status (truthful disclosure)

External security audit has not yet been completed. Public launch is proceeding under an owner-approved risk acceptance based on completed internal security review, production hardening, and limited-mainnet validation. Biaka does not claim to be externally audited, independently audited, certified secure, or guaranteed secure. An independent external audit is planned as a post-launch milestone.

What Biaka is — and is not

• Biaka is a non-custodial wallet. Your recovery phrase, generated on your device, is the wallet. We never see it, store it, or transmit it.
• There is no account and no server-side recovery of any kind. If you lose your recovery phrase and your devices, your funds are permanently unrecoverable — by anyone, including us.
• The PIN protects the app on your device only; a forgotten PIN is recoverable only with the recovery phrase.

Risks you accept

1. Irreversible transactions. Blockchain transfers cannot be cancelled, reversed, or refunded.
2. Total responsibility for the recovery phrase. Anyone who obtains the 12/24 words controls the funds. Never photograph it, type it into another app, or share it — support will never ask.
3. Device compromise. On a rooted or malware-infected device, secrets can be captured as you view or enter them. Hardware keys and secure screens reduce, but cannot eliminate, this risk.
4. Token and network risk. USDT is issued by a third party and may be frozen at contract level, de-pegged, or affected by regulatory action. Networks can congest, fork, or raise fees.
5. Network fees. Every on-chain transfer costs fees (ETH/BNB/TRX) set by the networks; fees fluctuate and are paid even if a transaction fails on-chain.
6. Third-party RPC/provider risk. Balance and broadcast paths depend on public blockchain providers that can fail or misbehave; the app fails closed and rotates providers, but availability is not guaranteed.
7. Encrypted sync is not a backup. It stores encrypted metadata only and cannot restore a wallet.
8. Service availability. Convenience services may be limited or withdrawn, including in restricted jurisdictions; your keys and your ability to restore from the recovery phrase are never affected.
9. Availability & sanctions. Biaka is intended for global availability, except where access, distribution, or use is prohibited or restricted by applicable law, sanctions, or platform policy.
10. No investment advice; no guarantee of value. Nothing in the app or this site is investment advice; asset values can go to zero.
11. Legal/tax. Holding and transferring cryptocurrency may be regulated or taxed where you live; compliance is your responsibility.