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Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British Users

Bitget Re-Launches UK Website, Expanding Access to Digital Assets for British UsersBitget has officially re-launched its UK website in compliance with the Financial Conduct Authority’s (FCA) Financial Promotions Regime. With Archax’s approval, British Bitget users can now access a range of crypto services, including trading and custody for tokenized real-world assets. “At Bitget, compliance is the core of our expansion strategy,” said Gracy Chen, CEO of […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Telegram is becoming a one-stop app like China’s WeChat — Bitget CEO

According to DemandSage, Telegram boasts approximately 950 million monthly active users and has raised over $4 billion since its launch.

Telegram and the separate, decentralized Open Network have the potential to elevate the messaging platform into an all-encompassing application that includes social media, payments, finance, entertainment, gaming, and communication capabilities — much like China's popular WeChat app.

According to Gracy Chen, the CEO of exchange and wallet provider Bitget, Telegram's symbiotic relationship with the independent Open Network and its crypto trading features distinguishes the application from competitors and positions it for massive growth. The CEO told Cointelegraph:

The Bitget CEO also cited the meteoric adoption of Telegram in emerging market economies — particularly among young people in Africa as further evidence of the application's potential to become an everything app used by billions of individuals.

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Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Bitget wallet on Telegram hits 6 million users 3 days after launch

Bitget Wallet’s Telegram Mini App, Bitget Wallet Lite mini, has attracted more than six million users in just three days after its soft launch.

Bitget Wallet, a self-custodial cryptocurrency wallet operated by Bitget exchange, is gaining popularity on Telegram, where its Mini App attracted millions of users within days of launch.

On Oct. 31, Bitget Wallet announced the official launch of Bitget Wallet Lite, a multichain wallet integrated into Telegram, allowing users to buy, store and send crypto within the app.

The official launch comes three days after the Bitget Wallet Lite’s soft launch on Oct. 28, with six million users joining the Mini App on Telegram since.

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Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

XRP may face volatility as market waits for ‘concrete results’ — Analyst

A crypto analyst opined that XRP’s price "is likely to fluctuate between $0.50 and $0.80" for the rest of 2024 with strong emphasis on regulatory developments.

The latest appeal by the United States regulator in its case against blockchain payments firm Ripple may further push market participants to adopt a more risk-off approach to XRP in the short term, according to a crypto analyst.

The comments come despite the recent filing not directly challenging the ruling that XRP is not a security. The appeal asked the court to review its decisions regarding Ripple’s XRP sales on exchanges and personal XRP sales by Ripple CEO Brad Garlinghouse and co-founder Chris Larsen.

The legal uncertainty could widen XRP’s (XRP) price volatility, pushing the asset to potentially fluctuate within a range of nearly 50%, the analyst believes.

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Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Ethena to launch new stablecoin backed by BlackRock’s BUIDL

Ethena’s synthetic stablecoin USDe can benefit from incorporating UStb during periods of weak funding conditions, Ethena Labs said.

Ethena Labs, developer of the decentralized stablecoin protocol Ethena, is working on a new stablecoin backed by a tokenized fund from BlackRock.

Ethena Labs took to X on Sept. 26 to announce its new stablecoin project, UStb (USTB), which will be built in partnership with major Bitcoin investor (BTC) BlackRock and the digital securities platform Securitize.

The stablecoin will be backed by BlackRock’s tokenized BlackRock USD Institutional Digital Liquidity Fund (BUIDL), which offers a stable value of $1 per token.

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Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Bitget Reports 1,600% Surge in African Users

Bitget Reports 1,600% Surge in African UsersBitget has seen a significant increase in African users, driven by factors like copy trading popularity and the growth of the TON ecosystem. The exchange has focused on user education and accessibility to attract users in the region. Bitget Wallet has become a top-ranked app in Nigeria, surpassing popular platforms like Tiktok and Whatsapp. Copy […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business

Crypto exchange BitGet now has more than 45 million registered users worldwide as the platform’s global user count has surged by 400% since 2023. BitGet CEO Gracy Chen revealed the numbers as the platform marks its sixth year in business. This year alone, the exchange’s growth rate in Africa is up by 1,614%. BitGet’s userbase […]

The post Crypto Exchange BitGet Says Userbase Has Now Exceeded 45 Million After Six Years in Business appeared first on The Daily Hodl.

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La Liga

Crypto Exchange Bitget Secures Multi-Million Dollar Partnership With La LigaBitget, a leading cryptocurrency exchange, has announced a multi-million dollar partnership with La Liga, the popular Spanish football league. This deal establishes Bitget as the official crypto partner for La Liga across Eastern Asia, Southeast Asia, and Latin America. Bitget and La Liga Join Forces The collaboration was revealed at the Token2049 event in Singapore […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Bitget and Foresight Ventures invest $30M in TON blockchain

With the new investment, Bitget and Foresight expect to increase their involvement in the TON’s governance and future development plans.

Telegram-linked blockchain platform, The Open Network (TON), has received another financial boost from Bitget and Foresight Ventures.

Bitget officially announced on Sept. 18 a $30 million strategic investment in the TON blockchain in a move to scale the development of TON applications on Telegram.

The company emphasized that the investment specifically targets major play-to-earn (P2E) games on Telegram, such as Hamster Kombat and Notcoin.

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Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec

Bitget Launches Direct Deposit Option for Mexican Pesos

Bitget Launches Direct Deposit Option for Mexican PesosCryptocurrency exchange Bitget has announced a strategic partnership with Swapple to facilitate crypto payments in Mexican Pesos (MXN) via the Interbank Electronic Payment System (SPEI). Operated by Banco de México, SPEI allows for near-instantaneous electronic funds transfers between bank accounts in Mexican pesos, providing a secure and efficient way to move money. This integration aims […]

Polter hit by flash loan attack, man gets 24 years for scam: Crypto-Sec