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Bitget Launches $100M EmpowerX Fund to Expand Crypto Ecosystem and Invest in Regional Exchanges and Entities

Bitget, a crypto derivatives platform, has announced the launch of a $100 million fund called Bitget EmpowerX Fund. The fund will invest in regional exchanges, media organisations, analytics firms, and entities that can contribute to its growth. Bitget believes that diversifying its services to meet the needs of its global user base is key to expanding the native crypto ecosystem.

Bitget Released the August Reserve Report, the BTC Reserve Ratio Reached 416%

September 8th, Bitget released its August reserve report with a comprehensive reserve ratio of 208%. Among them, the reserve ratios for BTC, ETH, USDT, and USDC are 416%, 159%, 132%, and 1839% respectively. 

Bitget Launches NT$100 Million Web3 Fund To Support the Construction and Innovation of Taiwan’s Blockchain Ecosystem

Bitget held a "Mining the Web3 Future with AI" five-year starlight evening party in Taiwan. That night, Bitget announced the launch of a NT$100 million Web3 fund to help build and innovate Taiwan's blockchain ecosystem. The fund will be used for cryptocurrency education, support for hackathons, promotion of cryptocurrency community growth, and innovative research and development. 

CMS Holdings Withdrew 354,579 DYDX From Binance 9 Hours Ago

Lookonchain monitoring shows that CMS Holdings withdrew 354,579 DYDX tokens from Binance 9 hours ago. Since July 21st, CMS Holdings has withdrawn a total of 1.64 million DYDX tokens from Bitget and Binance.

Bitget Announced the Upgrade of the KYC Process

On August 21, Bitget announced that it will fully upgrade its KYC process to better protect user rights.. Starting from September 1, new registered users who complete KYC certification can use the full range of Bitget services. To ensure normal use, existing users must complete KYC certification before October 1. If you encounter any problems, you can contact customer service to receive 24/7 official service support.

Bitget Blockchain4Youth Hosts U30 Hackathon, Offers $50,000 to Young Innovators

Bitget will hold the "Under30 Hackathon" from August 12th to September 18th, with a total prize pool of up to 50,000 US dollars. The registration channel is now open. This U30 Hackathon will join forces with top partners such as Foresight Ventures, ForesightX, and HackerEarth to provide new impetus for the innovation and development of Web3.

Bitget Innovation Zone and Layer 1 Zone will list Sei (SEI)

According to an official announcement, Bitget will list Sei (SEI) on the Innovation Zone and Layer 1 Zone. The recharge channel is now open and SEI/USDT trading will start tonight at 20:00 (UTC+8).

BitKeep Rebrands to Bitget Wallet and Launches Cross-Chain Swap Mechanism with User Protection Fund

BitKeep has been renamed Bitget Wallet after a crypto exchange purchased a controlling stake for $30 million in March. <br>

Bitget Singapore EmpowerX Summit will cooperate with Hello Labs to present the Web3 project roadshow

Bitget will hold the EmpowerX Summit in Singapore on September 12th, with the theme of empowering society with cryptocurrency and Web3. At that time, Bitget will collaborate with Hello Labs to present the Web3 project roadshow section. Inspired by the upcoming reality show "Killer Whales," four participating Web3 project teams will introduce their projects to celebrity judges from the show and conduct roadshows.

Bitget Will Host the 5th Anniversary Starlight Party Themed “Mining the Web3 Future With AI” in Taiwan

According to TechFlow news, Bitget will hold the "Give me five" fifth anniversary starlight party in Taiwan on August 31st. The theme of this conference is "Mining the Web3 Future with AI". It will gather experts and KOLs from the coin circle across Taiwan, and there will be a roundtable forum for exchanging ideas to explore the new direction of Web3 under the AI wave. Earlier, Bitget announced its brand upgrade, with "Trade smarter" as its core concept, committed to shaping a smarter digital future.