Bitget has pledged $10 million for the development of Fetch.ai's ecosystem, which provides infrastructure to build autonomous services using AI agents. Bitget, currently the world's eighth-largest crypto spot exchange, plans to provide consultations on marketing and other services to help Fetch.ai expand its business partnerships. Fetch.ai's smart wallet features automation and integration with OpenAI's ChatGPT API, which surpassed 100 million users in January 2023. Bitget recently acquired a regulatory license to provide services in Lithuania and invested $30 million in multichain wallet provider BitKeep, becoming its controlling shareholder.

BitKeep has established deep cooperation with multiple projects within the LayerZero ecosystem, and this event has also garnered substantial support from LayerZero communities and projects.

The Bitget exchange – a global crypto derivatives and copy trading platform, has been expanding into the Web3 environment with renewed force since the beginning of 2023, releasing several new products and acquiring several others. The exchange has decided to increase its engagement with users by releasing an updated whitepaper, which outlines new benefits the community can expect from holding the exchange’s native BGB token.

April 23 (Cointime) - According to official sources, the Bitget team now has over 1,300 employees from more than 60 countries and regions, providing services to over 8 million users in more than 100 countries and regions worldwide. The company is committed to providing a safe and efficient one-stop solution to assist users in trading more intelligently. Bitget has obtained MSB licenses in the United States, Canada, and Australia, and has completed cryptocurrency business registration in Italy, Poland, and Lithuania. At the same time, Bitget is actively promoting license applications and cryptocurrency business registration in places such as Hong Kong, the Czech Republic, Turkey, Dubai, and Bermuda.

Cryptocurrency trading platform BitGet has registered as a service provider in Lithuania, allowing the Seychelles-based firm to operate in the European country. The exchange has met compliance standards with regional laws and regulations in the Baltic state, which is identified as an emerging digital asset market in Europe and a haven for cryptocurrency and blockchain projects. Lithuania has seen a fivefold increase in cryptocurrency company registrations through 2022, and BitGet noted that it remains a favorable hotspot for cryptocurrency users and companies looking to register legal entities to offer cryptocurrency-related services. The registration comes in the same week as the European parliament is expected to pass the Markets in Crypto-Assets legislation.

SUIBG (SUI Futures Token) is a futures token jointly launched by BitKeep & Bitget. It serves as the swap certificate for the native token SUI of Sui Network after the launch of its mainnet.

Despite the challenges of 2022, the African continent's blockchain community has continued to attract significant investments, with blockchain venture funding increasing five-fold on a yearly level.

Core DAO has established a $200 million Ecosystem Fund in collaboration with Bitget and MEXC to finance early-stage decentralized applications and protocols on the Core layer-1 blockchain. The Ecosystem Fund will provide financial support for various growth initiatives such as research and development, recruitment, marketing, and community-building programs. Unlike other grant-based systems, the Ecosystem Fund will incentivize each project to achieve pre-agreed benchmarks that provide tangible value to the Core community. Bitget plans to become one of the validators of the Core network and support Core staking on the exchange. Additionally, Bitget has launched a $100 million Web3 fund for crypto projects in Asia. The other strategic partner of the Ecosystem Fund of Core DAO is MEXC, a cryptocurrency trading platform offering various digital assets and trading features.

<b>Cointime News: </b>According to the official announcement on April 17th, the "Power of B, 2023 Annual Airdrop Plan", jointly launched by BitKeep &amp; Bitget, has launched the second airdrop activity for one week. This activity is aimed at the holders of the NFT "KEY" and airdrops the corresponding "Hold" NFT according to the user's holding level. BitKeepers who received the "Hold" NFT can then unlock more benefits.

Binance CEO Changpeng Zhao has said that regulation, rather than lack of clarity, is a better option for the crypto industry. However, he added that regulation by enforcement is bad.