Stride (STRD) news

Real-World Assets (RWAs) Unpacked

If you're scratching your head wondering what all the buzz is about, you've come to the right place. Think of this as your friendly guide to understanding real-world assets (RWAs) in a way that won't make your eyes glaze over. We're talking about bridging the gap between the physical world and blockchain, making tangible assets more accessible, and why big players like BlackRock are getting all excited about it. What Are RWAs? Let's say you own a piece of artwork, a chunk of gold, or even a piece of real estate. Pretty straightforward, right? Now, imagine you could take those physical assets and turn them into digital tokens that you can buy, sell, or trade online just like you do with cryptocurrencies. That's the magic of Real-World Assets (RWAs) in the digital space. RWAs are essentially physical, tangible assets with 'real' value — like real estate, gold, fine art, or even carbon credits — that have been digitised and can be traded on the blockchain. This digitisation process, known as tokenisation, breaks down these assets into digital tokens, making them easier to trade and invest in, even in fractional amounts. It's like owning a piece of the pie without needing to buy the whole pie. How Do RWAs Work? The process of turning real-world assets into RWAs is a bit like creating a digital twin for your physical assets. It involves three main steps: off-chain formalisation, information bridging, and demand and supply within RWA protocols: (1) Off-chain formalisation: Before anything else, the real-world asset has to be legitimised in the physical world. Its value, ownership, and legal status need to be unequivocally established. This is where we consider market price, ownership history, and legal documentation. Think of it as setting the stage before the asset goes digital. (2) Information bridging: Next up, the asset's data is converted into a digital token through tokenisation. This token carries all the essential info about the asset—value, ownership, etc.—in its metadata. The blockchain’s transparency ensures anyone can verify the token's legitimacy. In scenarios where assets fall under regulatory watch, this phase incorporates regulatory technologies to maintain compliance. (3) RWA protocol demand and supply: This is where DeFi protocols focused on RWAs come into play in that they help to introduce new RWAs to the market and stimulate investor interest in them. In a nutshell, the asset is first evaluated and verified for its authenticity and value, then represented as a digital token on the blockchain, with each token reflecting a portion of the asset's value. RWAs, therefore, allow you own a digital share of a Picasso painting or a slice of a commercial building without physically holding the asset. RWAs Redefine How We Interact With And Perceive Value In The Financial World One major advantage of RWAs is fractionalisation, meaning individuals can now own fractions of many assets that are indivisible in the real world. By doing so, RWAs are lowering barriers to entry for average investors, enabling broader portfolio diversification without requiring substantial initial capital. At the same time, the digisation of real-world assets is meant to enhance liquidity for those traditionally illiquid. Assets such as real estate and art can be easily traded on secondary markets, providing sellers with quicker access to capital and offering buyers more opportunities for investment and exit strategies. The blockchain's inherent transparency and security further bolster this new asset class, with each transaction and ownership change recorded on a public ledger and tamperproof. This level of transparency diminishes the risk of fraud, increases trust, and could significantly decrease the costs associated with verification and due diligence processes. In a sense, the concept of asset ownership is also evolving with RWAs. Digital tokens representing a share of an asset's value change the traditional notion of ownership, making it more inclusive and adaptable. This shift in perception allows for a broader range of individuals to participate in asset ownership, aligning with individual financial capabilities and goals. Moreover, RWAs can act as a conduit between TradFi and DeFi by merging the stability and value of real-world assets with the efficiency and innovation of DeFi. This interconnection not only introduces real-world economic value into the DeFi ecosystem, making it more robust, but also allows traditional financial markets to leverage DeFi's efficiencies for asset management and accessibility. When used as collateral for loans in the DeFi ecosystem, RWAs facilitate real-time asset management and financing, thereby have the ability to transform asset leveraging for financial growth, offering quicker and more efficient processes compared to traditional methods. And don't forget that the nature of DeFi and blockchain in general is borderless, which means that the global accessibility provided by RWAs enables investment in diverse assets worldwide and thereby helps to not only diversify investment portfolios but also democratise access to investment opportunities across different regions. We have to admit that these developments are challenging traditional investment and ownership models, paving the way for a more inclusive and interconnected financial future. From a crypto advocate's perspective, RWAs bring stability, variety, and new opportunities for investments, making the volatile crypto market more appealing to traditional investors who prefer something tangible behind their investments. BlackRock Is In BlackRock's recent foray into the realm of RWAs marks a pivotal moment in the convergence of TradFi and DeFi. This venture, spearheaded through the launch of the BlackRock USD Institutional Digital Liquidity Fund on Ethereum, not only showcases the asset management giant's acknowledgment of blockchain technology's potential but also signifies a major stride towards integrating digital assets within the established financial ecosystem. The fund, represented by its blockchain-based BUIDL token, leverages cash, U.S. Treasury bills, and repurchase agreements to provide daily yields to token holders, effectively marrying the stability of traditional assets with the innovation and efficiency of blockchain technology. The implications of BlackRock and other TradFi behemoths venturing into the digital asset tokenisation space are profound. It promises to inject significant liquidity, driving development, innovation, and stability, and addressing valuation concerns of tokenised assets, while TradFi players joining the space is expected to spur clearer, supportive regulatory frameworks as they will push for regulations that foster rather than hinder blockchain-based financial products. This regulatory progress is key for reducing risks and building investor trust, thus fast-tracking digital assets' mainstream integration. Additionally, collaborations between BlackRock and blockchain firms highlight the need for synergy between traditional finance and blockchain, essential for creating platforms that are secure, compliant, and user-friendly. This trend towards integration indicates a future of mutual learning and potentially more investments and partnerships aimed at leveraging blockchain technology in financial services, marking a significant step towards bridging traditional finance with the digital asset space. Closing Thoughts The integration of RWAs into the crypto space represents a fascinating evolution of both traditional and decentralised finance. As these two worlds continue to converge, the potential for innovation and growth seems limitless. With the backing of TradFi giants like BlackRock and the ingenious use of blockchain technology, RWAs stand poised to reshape our understanding of investment, ownership, and the very fabric of financial markets. Whether it’s owning a piece of a skyscraper or a fraction of a masterpiece painting, the future of investing is here, and it’s more accessible, stable, and interconnected than ever.

Exploring Multibit: Bridging Bitcoin and EVM Networks for Enhanced Cross-Chain Liquidity

The year 2023 marked a new beginning for Bitcoin. Thousands of new tokens were released under the BRC-20 token standard. These tokens, unique to the Bitcoin base chain, form the cornerstone of Multibit's offering, leveraging Ordinals and Inscriptions for a novel approach to tokenization. The platform's defining feature, the Multibit Bridge, expertly facilitates the transfer of these tokens between the ETH chain, BNB chain, and BTC network. This bridging mechanism not only enhances the liquidity and utility of BRC-20 tokens but also marks a significant stride in cross-chain interoperability, a critical aspect of blockchain evolution. What is Multibit (MUBI)? Multibit Protocol is a groundbreaking endeavor aiming to unify liquidity among the Bitcoin network and Ethereum Virtual Machine (EVM) networks. Central to its offerings is Multibit Bridge, a secure and efficient solution for seamless token transfers between the ETH chain, BNB chain, and BTC network. This innovative bridging mechanism not only enhances the liquidity of BRC-20 tokens but also fosters the growth and development of the entire Bitcoin ecosystem. How MUBI works Migrating Ethereum’s most dominant application - decentralized exchange - to the Bitcoin blockchain, Multibit seeks to empower users across different ecosystems by offering a seamless cross-chain experience. Multibit Protocol consists of 4 major components: DeFi for BRC-20 tokens Multibit is driven by a bold vision: to revolutionize decentralized finance (DeFi) for BRC20 tokens, thereby unlocking their untapped potential. By bridging BRC20 tokens with Ethereum, Multibit enables their participation in critical DeFi activities such as lending, borrowing, yield farming, and decentralized exchanges. This integration not only elevates their utility and market presence but also invites more participants into the crypto space. Their innovative bridging technology also promises to improve market dynamics, benefiting token holders and enriching the DeFi landscape. Ordinals Automated Market Maker (OAMM) Multibit's Ordinals Automated Market Maker (OAMM) represents a groundbreaking decentralized exchange protocol tailored for trading Ordinals ($ORDI) tokens. This platform adopts automated market making principles to ensure liquidity, enabling efficient and seamless swaps of $ORDI with other paired tokens. In this ecosystem, users can effortlessly exchange $ORDI tokens through the AMM, which intuitively calculates and executes trades based on current reserve ratios, facilitating instant transactions at fair market prices. The AMM's dynamic nature continuously adjusts token prices in response to trading activities and liquidity pool interactions, ensuring effective price discovery rooted in the supply and demand dynamics of the traded assets. Additionally, users have the opportunity to contribute to the liquidity pool by depositing $ORDI tokens and their paired counterparts, receiving liquidity provider (LP) tokens in return. These LP tokens denote their pool share, entitling liquidity providers to a proportionate slice of the trading fees while bolstering the pool's liquidity, crucial for trader transactions. Liquidity farming Farming Ordinals ($ORDI) at Multibit offers a rewarding opportunity for the BRC community to earn additional tokens by engaging in liquidity farming and staking. Through liquidity farming, participants add $ORDI tokens and a compatible token (like ETH or stablecoins) to Ordinals liquidity pools or automated market makers (AMM). This process not only facilitates trading pairs but also significantly enhances the liquidity of the $ORDI token. Furthermore, users can participate in staking by locking their $MUBI tokens in specific staking pools. This staking activity contributes to the network's stability and security, rewarding users with additional $ORDI tokens. These farming mechanisms within Multibit allow users to actively contribute to the $ORDI ecosystem's liquidity while benefiting from their investment and support. Stablecoin Multibit's Ordinals Stablecoin, anchored in stability and transparency, is bolstered by a collateralization mechanism using Ordinals ($ORDI) tokens. This system maintains the stablecoin’s value, pegging it to a 1:1 ratio with USDC. The key features include offering a stable medium of exchange and a resilient store of value within the Ordinals ecosystem, effectively countering the typical volatility of cryptocurrencies. Additionally, the stablecoin's value preservation is reinforced by the collateralization process, providing users with a dependable asset. Transparency is integral to this system, with the collateralization ratio and $ORDI token reserves being transparent and auditable on the blockchain, ensuring trust and visibility. The use of $ORDI as collateral also amplifies the token's utility and demand within the ecosystem, strengthening the Ordinals platform's overall functionality. MUBI goes live on Bitget Multibit is revolutionizing the crypto landscape with its novel protocol that seamlessly bridges BRC20 tokens with ERC20 tokens. This initiative greatly expands token migration possibilities, allowing users to effortlessly transfer their BRC20 tokens to the Ethereum network, thus opening up a new realm of opportunities. With Multibit, users are no longer confined by the constraints of individual blockchain ecosystems, enabling them to tap into Ethereum's extensive network, robust infrastructure, and vibrant DeFi ecosystem. This platform promises enhanced liquidity, interoperability, and financial flexibility, making it a gateway to a broad spectrum of investment opportunities within the decentralized finance space. Multibit (MUBI) will be listed on Bitget on December 13. How to trade MUBI on Bitget Step 1: Go to the MUBIUSDT spot trading page Step 2: Enter the amount and the type of order, then click Buy/Sell. For detailed instructions on how to trade spot in Bitget, please read ​​The Uncensored Guide To Bitget Spot Trading. Multibit stands as a testament to the evolving capabilities of blockchain technology, particularly in enhancing cross-chain interoperability. Its innovative approach to bridging Bitcoin and EVM networks opens up new avenues for DeFi and DApps, allowing them to leverage the unique strengths of these diverse blockchain ecosystems. As the blockchain industry continues to mature, platforms like Multibit will play a crucial role in driving innovation, security, and efficiency, shaping the future of decentralized finance and blockchain integration. Trade MUBI now on Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitcoin's Meteoric Rise to $44,000 and What Lies Ahead for Investors

The crypto market has no shortage of high volatility and dramatic shifts, but Bitcoin's recent ascent to a staggering $44,000 is a tale worth delving into. This surge not only underscores Bitcoin's resilience but also its growing acceptance in the financial world. With a market capitalization that ranks 9th on CompaniesMarketCap, Bitcoin is now standing among giants like Apple and silver, a testament to its increasing relevance and influence. Bitcoin's journey to $44,000 - an overview of the crypto market Bitcoin did not skyrocket overnight. Having built a solid foundation over the entire 2023, Bitcoin was already standing tall and proud on the $40,000 mark, and going above $44,000 is just another statement Bitcoin has made to the world. Several factors have fueled this remarkable rise at the end of this year. Key among them is the excitement surrounding Bitcoin Spot Exchange-Traded Funds (ETFs). The potential approval of these ETFs has sent waves of optimism across the market, as they promise easier access for everyday investors and signify a milestone in regulatory acceptance. Another crucial element is the Bitcoin halving event, a predetermined process that reduces the reward for mining new blocks by half, consequently slowing down the creation of new bitcoins. This scarcity effect has historically led to price increases, as seen in previous bull runs. Moreover, bullish predictions from renowned names and major media outlets like Bloomberg have added to the fervor. These endorsements not only boost investor confidence but also attract new participants to the crypto arena, further driving up demand and prices. Future predictions for Bitcoin and the crypto market Looking ahead, several pivotal events loom on the horizon for Bitcoin and the broader crypto market. The approval of Bitcoin ETFs is eagerly anticipated. Such a development would not only broaden the asset's appeal but also represent a significant stride in instilling confidence through regulatory oversight. Bitcoin halving, scheduled for 2024, is also set to be a major event. If history repeats itself, this could trigger another price rally as the supply of new Bitcoins reduces. Additionally, increasing investments from countries and institutional investors are likely to bolster the market. As more nations explore digital currencies and more institutions allocate portions of their portfolios to crypto, the influx of capital could drive further growth and stability in the market. What should your average investor do? For investors, especially beginners, traversing these exciting but turbulent waters requires a blend of caution and strategy. One effective approach is Martingale strategy, also known as Dollar Cost Averaging (DCA). This technique involves investing a fixed amount of money at regular intervals, regardless of the asset's price. Martingale is particularly suitable for beginners as it mitigates the risks of volatile market movements and avoids the pressure and pitfalls of trying to time the market. Investors should always exercise caution regarding news and predictions from media and prominent figures. While such information can be valuable, it's crucial to understand that it may not always represent genuine market sentiments. Therefore, conducting thorough due diligence before making investment decisions is essential. Understanding the fundamentals of Bitcoin and the crypto market, staying updated with regulatory developments, and assessing one's risk tolerance are all part of this process. Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Unearthing the Industry Impact of Crypto Staking

With staking emerging as a pivotal player in this digital renaissance that is happening within the crypto industry. Staking, a process where crypto holders lock up their assets to support network operations and in return, earn rewards, is steadily gaining traction not only with retail, but now also institutional showing an increased interest in staking. This makes the question: "Is staking crypto safe?" something worth talking about. Let's explore this topic by looking at it from an industry wide perspective. Industry Adoption: A Leap Towards Maturity The adoption of staking is a testament to the industry's stride towards maturation. Unlike the traditional Proof of Work (PoW) model, staking, propelled by the Proof of Stake (PoS) mechanism, offers a more energy-efficient alternative. This paradigm shift is enticing not only for the crypto aficionados but also for traditional financial behemoths who are now eyeing the crypto space with a renewed interest. The amalgamation of traditional finance with staking platforms is gradually blurring the once rigid boundaries, heralding a new era of financial innovation. Fostering Partnerships: Bridging Old with the New A notable facet of this evolution is the burgeoning partnerships between staking platforms and traditional financial institutions. These collaborations are forging a pathway for the seamless integration of conventional financial principles with decentralized financial (DeFi) models. For instance, staking platforms partnering with banks or financial service providers can facilitate a smoother, safer, and more regulated staking experience. This synergy not only augments the safety net around staking, answering in part the question, "Is staking crypto safe?" but also elevates the credibility and accessibility of staking platforms. Innovation and Security: The Twin Pillars of Staking Staking is not merely a passive participant in the crypto evolution; it's a driving force of innovation. By offering a platform for the development and deployment of new financial products and services, staking is catalyzing a wave of creativity within the crypto sphere. Moreover, the inherent security protocols of PoS, coupled with the collective vigilance of a robust staking community, contribute to enhancing the safety quotient of staking. The continual technological advancements are also fortifying the security infrastructure, making a compelling case for the safety of staking crypto. Moreover, staking's ability to incentivize good behavior among network participants through rewards, while penalizing malicious activities, adds an extra layer of security. This, in turn, makes the broader crypto ecosystem more resilient to potential threats, thus, resonating with the narrative that staking crypto can indeed be safe. Conclusion: Staking a Claim in the Future The journey of staking from a nascent concept to a burgeoning industry player reflects the dynamic nature of the cryptocurrency realm. As staking continues to knit closer ties with traditional financial institutions and propel innovation, it's carving a niche for itself in the financial tapestry. The quest for answering "Is staking crypto safe?" is an ongoing one, yet the strides made so far spotlight a promising trajectory towards enhanced safety and broader industry adoption. Feeling ready? Start your staking today with Bitget! Disclaimer: The opinions expressed in this article are for informational purposes only. This article does not constitute an endorsement of any of the products and services discussed or investment, financial, or trading advice. Qualified professionals should be consulted prior to making financial decisions.

Bitget Research: Macro Uncertainty Leads to Market Downturn, BTC Tests $26,000 Support Level

the past 24 hours, there have been many new popular tokens and topics emerging in the market, and perhaps they could be the next market spotlight. In Summary: 1.Popular Tokens: SHANG (Token) — Named after Shanghai Inu, SHANG is a memecoin representing a futuristic cyborg hybrid dog. It possesses AI services, Liquid Staking, NFT, and P2E features. After experiencing a 5x increase yesterday, it is currently fluctuating at a high level. Its 24-hour trading volume is US$6 million, with a market cap of US$4 million. WAGMI (Token) — Originated from the phrase commonly seen on the internet, “we are gonna make it.” Vitalik Buterin was spotted wearing a T-shirt with this phrase at the Montenegro Conference not long ago. The token continued to fall after intense hype and has been consolidating at the bottom for several days. It experienced a rebound yesterday, doubling in value. Its 24-hour trading volume is US$5 million, with a market cap of US$8.3 million. BEN (Token) — A meme project initiated by Ben.eth, later acquired by the staking platform owner, Ben Armstrong. The token recently benefited from PSYOP’s pump, reaching an all-time high. Its market cap is nearing US$100 million, with a 24-hour trading volume of US$33 million. MRF (Token) — A memecoin related to the message “MR F WAS HERE” in the first block after the Ethereum Beacon Chain was launched in 2020. Created by MR F, the creator of the block, this token is known for its large initial liquidity pool. Upon launch, it experienced substantial hype, with a high market cap reaching US$45 million. Currently, the price has seen a significant decrease, with the market cap reduced to US$6.3 million and a 24-hour trading volume of US$23 million. AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 34,900, with a trading volume of US$1.28 million. There are no apparent risks in the contract. AI PEPE KING (Token) — A PEPE replica on Polygon chain, launched through an airdrop, with a 24-hour trading volume of $4,900. Due to the airdrop on the Polygon network, the cost of interaction is relatively low. On-chain data indicate relatively high activity, but the actual popularity is moderate. SHAKA (DApp) — A new meme project on Arbi. The contract has trading pause and blacklist functions. The project was launched via an airdrop, and blue-chip token holders from ecosystems like Arb, Magic, and GMX can claim the airdrop. The price currently remains high with a 24-hour trading volume of US$1.14 million and a market cap of US$1.46 million. DMT (Token) — This newly launched NFT retro game is experiencing high market popularity. As a new project with no additional sell-off pressure, it has imposed a 25% sales tax. The token’s price increased substantially in the early stages of hype, but with the project team’s cancellation of the sell tax, significant price fluctuations have occurred. The 24-hour trading volume is US$1.46 million, with a market cap of US$13.39 million. GMD (Token) — This is a DeFi protocol on Arb. Its launchpad platform had two successful projects consecutively, with high price increases. One of them is the recently incubated project by the project team, Ghast, a leverage protocol. The token price shows a strong upward trend, bringing additional leveraged mining income to the protocol. As a result, the token’s value was discovered by the market, with the price increasing by 50% in the past two days, and a 24-hour trading volume of US$1.03 million. 2.Popular NFTs: RSTLSS (NFT) — A project team enabling wearable gear for the future, primarily involved in Web3, Gaming, and Social sectors. Today, they released a collaborative NFT with RSTLSS and Claire Silver, totaling 1470 items. Currently, there are 1000 unique holders, with a floor price of 0.162 ETH, and the total trading volume is 9 ETH. Draftkings (NFT) — A gaming and sports betting website. The US Golf PGA Tour has recently started, and users can purchase corresponding passes to enjoy corresponding benefits. The on-chain minting is very hot and the project previously created NFT passes for football. 3.Popular DApps: Coinbase (DApp) — The contract of the Coinbase wallet currently ranked among the top interactions for new users on the Ethereum network, indicating a significant number of on-chain active users. Recently, Coinbase’s subsidiary Layer2 network, Base, released its mainnet roadmap, signaling preparations for the launch of the mainnet. The release criteria include proving the stability of the testnet, successful upgrade of Bedrock, and completion of internal reviews and external audits. It’s important to note that Base does not plan to issue a token. After the generation of the genesis block of the mainnet, the Genesis Window will open for developers to deploy DApps on the Base mainnet. Given Coinbase’s exchange users, it is anticipated that Base L2 will attract a decent potential user base. Uniswap (DApp) — The contract of the Uniswap router stands at the forefront of all DEXs on Ethereum, far exceeding 1inch, Metamask, and 0X by several times. Due to the prevalence of MEV Bot, aggregator routes are prone to be targeted by MEV Bot for arbitrage. It’s easier for old users to avoid sandwich attacks by trading directly through Uniswap. TinyTap (DApp) — A decentralized education platform supported by Animoca Brands. Established in 2012, TinyTap is a tech startup based in Tel Aviv, Israel that focuses on user-generated content (UGC). It is among the top 10 highest-grossing children’s mobile apps on the App Store and Google Play. Yesterday, the project team initiated an AMA and is about to launch NFTs and other products. There is certain hype around EDU in the market, and it has risen against the trend by 7% in the past 24 hours, with a trading volume of US$120 million. Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. Last week, the project announced a $15 million bug bounty program in collaboration with Immunefi. Recently, rumors in the community suggested that LayerZero had taken a snapshot for airdrop, but this was later denied by the official team. The daily on-chain interactions hit a historic high in May, with over 285,000 transfers in a single day, showing a high level of activity. Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community. Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. MetaMask Swap (DApp) — The activity level of the DEX trading aggregator built into MetaMask continues to rise. Benefiting from a large user base, the number of unique addresses conducting transactions on MetaMask has reached 1.742 million, with a total of 15.75 million interactions. The estimated total revenue is US$207 million, with this week’s revenue at US$383,000. One World Nation (DApp) — This is a global gaming platform, notable for its flagship game, Crypto Fantasy. This fantasy crypto portfolio game allows players to earn stablecoin rewards using NFTs called Cryptonites, which are based on real-world cryptocurrencies like BTC, ETH, BNB, SOL, and others. Each token has a limited Genesis NFT collection, which players can breed to create additional NFTs. These NFTs can be freely traded on the platform’s market or loaned to other players for daily passive income. In Crypto Fantasy, players can create a five-person team, which includes power-boosting knights and guards. The game allows players to rank based on the performance of their fantasy crypto portfolio in real matches, thereby becoming masters of the volatile crypto market. The platform also offers other games such as predictions, lottery rewards, and slots, where players can win up to US$3500 in USDC daily. Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 4.Twitter Hot Topics: UMEE (Token) — UMEE is a protocol that prioritizes compilable and secure blockchain lending. The project’s token, UMEE, is currently promoting its Liquid Staking feature, and Stride has launched staking services for this token, offering a staking annual percentage yield (APY) of up to 17.5%. UMEE increased by 5.63% today, with a total market trading volume of $690,000, indicating moderate popularity. 5.Regional Trending Searches: ARPA (Token) — The project is in the phase of development. It recently completed the building of a random number generator. After the first phase of the testnet, it optimized the network, fixed bugs, and conducted tests on the second phase of the testnet. Currently, the ARPA BLS-TSS network interacts with Ethereum Sepolia 200,000 times a day. The mainnet will be launched soon. There is a strong willingness to speculate on the project, with the ARPA token rising 30% in 24 hours, and the total market trading volume reaching a staggering $680 million in 24 hours. The community’s enthusiasm for speculation is very high. ADA (Token) — ADA is currently promoting SPO-Poll’s launch on the mainnet, which can help ADA achieve more open and transparent community bid governance. The proposal has garnered significant attention from the ADA community and was retweeted by the Cardano Foundation, making it one of the most important recent events in the ADA ecosystem. Main Body Written by: Bitget Research Data collection time: May 25, 10:30 Data sources: Dune, DApps, Twitter, Google Note: 1) New active users: Refers to wallet addresses that were newly created on the chain in the past 24 hours and had interactions on the chain. 2) Existing active users: Refers to wallet addresses that were created on the chain 24 hours ago and had interactions on the chain in the past 24 hours. 3) DApp daily activity (UAW: unique active wallets) 4) TGE (Token Generation Event) 1.Blockchain Profile — ETH Chain 1.1 User Profile 1.1.1 Core Data Total active users of ETH: 394,346 New active users of ETH: 70,962, with a daily decrease of 3.74% Existing active users of ETH: 323,384, with a daily decrease of 0.40% 1.1.2 New User Profile Core data: There were a total of 70,962 new active users on ETH yesterday, with a daily decrease of 3.74% Popular Sectors Popular Projects Key Projects: Coinbase (DApp) — The contract of the Coinbase wallet currently ranked among the top interactions for new users on the Ethereum network, indicating a significant number of on-chain active users. Recently, Coinbase’s subsidiary Layer2 network, Base, released its mainnet roadmap, signaling preparations for the launch of the mainnet. The release criteria include proving the stability of the testnet, successful upgrade of Bedrock, and completion of internal reviews and external audits. It’s important to note that Base does not plan to issue a token. After the generation of the genesis block of the mainnet, the Genesis Window will open for developers to deploy DApps on the Base mainnet. Given Coinbase’s exchange users, it is anticipated that Base L2 will attract a decent potential user base. 1.1.3 Existing User Profile Core data: The number of ETH active existing users is 323,384, with a daily decrease of 0.40% Popular Sectors Popular Projects Key Projects: Uniswap (DApp) — The contract of the Uniswap router stands at the forefront of all DEXs on Ethereum, far exceeding 1inch, Metamask, and 0X by several times. Due to the prevalence of MEV Bot, aggregator routes are prone to be targeted by MEV Bot for arbitrage. It’s easier for old users to avoid sandwich attacks by trading directly through Uniswap. 1.2 Popular Trading Pairs 1.2.1 Uniswap V2 SHANG (Token) — Named after Shanghai Inu, SHANG is a memecoin representing a futuristic cyborg hybrid dog. It possesses AI services, Liquid Staking, NFT, and P2E features. After experiencing a 5x increase yesterday, it is currently fluctuating at a high level. Its 24-hour trading volume is US$6 million, with a market cap of US$4 million. https://www.dextools.io/app/en/ether/pair-explorer/0xf0d417fc9fb2f1b6efe51b39db7ed60117dcd2e6 SAMO (Token) — After SAMO in the Solana ecosystem exploded yesterday, many imitations with the same name appeared on other chains. These tokens carry high risks, and investors should be cautious. WAGMI (Token) — Originated from the phrase commonly seen on the internet, “we are gonna make it.” Vitalik Buterin was spotted wearing a T-shirt with this phrase at the Montenegro Conference not long ago. The token continued to fall after intense hype and has been consolidating at the bottom for several days. It experienced a rebound yesterday, doubling in value. Its 24-hour trading volume is US$5 million, with a market cap of US$8.3 million. https://www.dextools.io/app/en/ether/pair-explorer/0xd6c2af244dd56db3c9d276808eda8b5fb040007b 1.2.2 Uniswap V3 BEN (Token) — A meme project initiated by Ben.eth, later acquired by the staking platform owner, Ben Armstrong. The token recently benefited from PSYOP’s pump, reaching an all-time high. Its market cap is nearing US$100 million, with a 24-hour trading volume of US$33 million. https://www.dextools.io/app/en/ether/pair-explorer/0xdce93ed9ae7c53143e19cf799d156b72d1cc2777 MRF (Token) — A memecoin related to the message “MR F WAS HERE” in the first block after the Ethereum Beacon Chain was launched in 2020. Created by MR F, the creator of the block, this token is known for its large initial liquidity pool. Upon launch, it experienced substantial hype, with a high market cap reaching US$45 million. Currently, the price has seen a significant decrease, with the market cap reduced to US$6.3 million and a 24-hour trading volume of US$23 million. https://www.dextools.io/app/en/ether/pair-explorer/0xdb1d1c9a42e3d10717c415bd06853ea7ae818823 2.Blockchain Profile — BSC Chain 2.1 User Profile 2.1.1 Core Data Total active users on BSC: 1,416,857 New active users on BSC: 195,513, with a daily decrease of 5.18% Existing active users on BSC: 1,221,344, with a daily decrease of 3.42% 2.1.2 New User Profile Core data: There were a total of 195,513 new active users on BSC yesterday, with a daily decrease of 5.18% Popular Sectors Popular Projects Key Projects: TinyTap (DApp) — A decentralized education platform supported by Animoca Brands. Established in 2012, TinyTap is a tech startup based in Tel Aviv, Israel that focuses on user-generated content (UGC). It is among the top 10 highest-grossing children’s mobile apps on the App Store and Google Play. Yesterday, the project team initiated an AMA and is about to launch NFTs and other products. There is certain hype around EDU in the market, and it has risen against the trend by 7% in the past 24 hours, with a trading volume of US$120 million. 2.1.3 Existing User Profile Core data: The number of BSC active existing users is 1,221,344, with a daily decrease of 3.42% Popular Sectors Popular Projects Key Projects: Layerzero (DApp) — A cross-chain protocol that allows DApps deployed on different chains to communicate with each other without the need for any intermediate chain or consensus mechanism. Last week, the project announced a $15 million bug bounty program in collaboration with Immunefi. Recently, rumors in the community suggested that LayerZero had taken a snapshot for airdrop, but this was later denied by the official team. The daily on-chain interactions hit a historic high in May, with over 285,000 transfers in a single day, showing a high level of activity. 2.2 Popular Trading Pairs 2.2.1 PancakeSwap V2 AiONE (Token) — A platform for AI as a Service (AIaaS) that has raised US$3 million in private funding. Its financing information has been published on the U.today website and on Twitter. The website appears to be quite professionally done, and there’s already a usable product. The on-chain transactions in the past 24 hours have reached 34,900, with a trading volume of US$1.28 million. There are no apparent risks in the contract. On BSC, there are numerous fake tokens with identical names, posing a risk. These include popular ones like SAMO, PEPE, and NOMAD. Caution is advised. 3.Blockchain Profile — Polygon Chain 3.1 User Profile 3.1.1 Core Data Total active users on Polygon: 463,537 New active users on Polygon: 133,008, with a daily increase of 6.43% Existing active users on Polygon: 330,529, with a daily increase of 2.44% 3.1.2 New User Profile Core data: There were a total of 133,008 new active users on Polygon yesterday, with a daily increase of 6.43% Popular Sectors Popular Projects Key Projects: Socket (DApp) — A multi-chain application. Its main product is the Bungee cross-chain aggregator, which has been activated in May to test the network. The project has been very well received by the market. Its user-friendly gas rebate has garnered positive feedback in the community. AI PEPE KING (Token) — A PEPE replica on Polygon chain, launched through an airdrop, with a 24-hour trading volume of $4,900. Due to the airdrop on the Polygon network, the cost of interaction is relatively low. On-chain data indicate relatively high activity, but the actual popularity is moderate. 3.1.3 Existing User Profile Core Data: The number of Polygon active existing users is 330,529, with a daily increase of 2.44% Popular Sectors Popular Projects Key Projects: Lens (DApp) — Lens Protocol Profile, a leading on-chain social platform, is rumored to launch its token and conduct an airdrop to users in June. However, this news has not been confirmed. As a result, there has been an increase in NFT trading activity on the platform. Users are advised to stay tuned for updates on its ecosystem projects such as Phaver, Lenster, and Orb. 3.2 Popular Trading Pairs 3.2.1 Uniswap V3 The main trading volume of Uni V3 on the Polygon network is contributed by mainstream tokens, with virtually no altcoins. 4.Blockchain Profile — Arbitrum Chain 4.1 User Profile 4.1.1 Core Data Arbitrum Active Users: 223,095 Arbitrum New Active Users: 44,737, with a daily decrease of 4.04% Arbitrum Existing Active Users: 178,358, with a daily decrease of 4.99% 4.1.2 New User Profile Core data: There were a total of 44,737 new active users on Arbitrum yesterday, with a daily decrease of 4.04% Popular Sectors Popular Projects Key Projects: Dabidou (NFT) — This is a meme project on Arbitrum, and its NFTs have been removed from Opensea. Tokens can be acquired by interacting with virtual crypto giants within the project, but overall popularity is average. 4.1.3 Existing User Profile Core data: The number of Arbitrum active existing users is 178,358, with a daily decrease of 4.99% Popular Sectors Popular Projects Key Projects: SHAKA (DApp) — A new meme project on Arbi. The contract has trading pause and blacklist functions. The project was launched via an airdrop, and blue-chip token holders from ecosystems like Arb, Magic, and GMX can claim the airdrop. The price currently remains high with a 24-hour trading volume of US$1.14 million and a market cap of US$1.46 million. https://www.dextools.io/app/en/arbitrum/pair-explorer/0x765d9715986327422fb0308e6e75d06adfcc3b0f 4.2 Popular Trading Pairs 4.2.1 Uniswap V3 DMT (Token) — This newly launched NFT retro game is experiencing high market popularity. As a new project with no additional sell-off pressure, it has imposed a 25% sales tax. The token’s price increased substantially in the early stages of hype, but with the project team’s cancellation of the sell tax, significant price fluctuations have occurred. The 24-hour trading volume is US$1.46 million, with a market cap of US$13.39 million. GMD (Token) — This is a DeFi protocol on Arb. Its launchpad platform had two successful projects consecutively, with high price increases. One of them is the recently incubated project by the project team, Ghast, a leverage protocol. The token price shows a strong upward trend, bringing additional leveraged mining income to the protocol. As a result, the token’s value was discovered by the market, with the price increasing by 50% in the past two days, and a 24-hour trading volume of US$1.03 million. 5.DApp Ecosystem — All Chains SLM Games (DApp) — A crypto-based gambling platform that spans multiple chains, including BTC and ETH. There are currently six types of games, and the project has 513 followers on Twitter. SLM joined the OKX chain on April 18th. It had frequent promotions in May, but overall popularity is average. WOOFi (DApp) — A decentralized exchange launched by WOO X. It provides users with the best unilateral passive income and the most powerful cross-chain exchange function. Its main modules include Swap, Earn, Stake, and an order book-style decentralized exchange. The project’s most recent audit was in October 2022. According to DeFiLlama data, the current total TVL of WOOFi is US$20.33 million, mainly formed by the staking of WOO tokens. 6.DApp Ecosystem — ETH Chain MetaMask Swap (DApp) — The activity level of the DEX trading aggregator built into MetaMask continues to rise. Benefiting from a large user base, the number of unique addresses conducting transactions on MetaMask has reached 1.742 million, with a total of 15.75 million interactions. The estimated total revenue is US$207 million, with this week’s revenue at US$383,000. 7.DApp Ecosystem — BSC Chain Meta Merge (DApp) — This is a collectible-type AIGC game on BSC, closely related to UltiverseDAO. It has 60,000 followers on Twitter, including 26 influencers. The project is very active on Twitter with frequent promotions. 8.DApp Ecosystem — Polygon Chain One World Nation (DApp) — This is a global gaming platform, notable for its flagship game, Crypto Fantasy. This fantasy crypto portfolio game allows players to earn stablecoin rewards using NFTs called Cryptonites, which are based on real-world cryptocurrencies like BTC, ETH, BNB, SOL, and others. Each token has a limited Genesis NFT collection, which players can breed to create additional NFTs. These NFTs can be freely traded on the platform’s market or loaned to other players for daily passive income. In Crypto Fantasy, players can create a five-person team, which includes power-boosting knights and guards. The game allows players to rank based on the performance of their fantasy crypto portfolio in real matches, thereby becoming masters of the volatile crypto market. The platform also offers other games such as predictions, lottery rewards, and slots, where players can win up to US$3500 in USDC daily. 9.DApp Ecosystem — WAX Chain Alcor.exchange (DApp) — It provides the fastest and cheapest transactions for EOS, WAX, TELOS, and PROTON. The project launched the Alcor Swap V2 version on April 24th and has significant popularity in the EOS and WAX ecosystems. 10.DApp Ecosystem — Solana Chain Orca (DApp) — A decentralized exchange built on Solana. It launched a new product on May 5 and has been running promotions frequently. However, the overall UWA data is low. Its future development is highly linked with the Solana ecosystem. 11.DApp Ecosystem — Arbitrum Chain ODOS (DApp) — A DEX aggregator that supports one-click token swapping. Recently, it has been expanding rapidly on Arbitrum, and it has partnered with Camelot, as well as VE (3,3) Dex ChronosFi, and integrated with their platform. Odos has aggregated most of the DEX pools on Arbi to find the best prices, resulting in high activity on the Arbitrum chain. 12.DApp Ecosystem — GameFi Sector Across All Chains Pixels Game (DApp) — Pixels is a pixel-style, interactive Web3 farming game. In the game, players can use memecoins like PEPE to purchase fertilizer. Recently, several in-game parties were held in collaboration with other projects, stimulating daily activity. 13.Gas Fee Consumption — ETH Chain RSTLSS (NFT) — A project team enabling wearable gear for the future, primarily involved in Web3, Gaming, and Social sectors. Today, they released a collaborative NFT with RSTLSS and Claire Silver, totaling 1470 items. Currently, there are 1000 unique holders, with a floor price of 0.162 ETH, and the total trading volume is 9 ETH. https://opensea.io/collection/rstlss-claire-silver 14.Gas Fee Consumption — BSC Chain Link3 (DApp) — The protocol behind this product, CyberConnect, announced the launch of its native token CYBER. CyberConnect raised $5.4 million through its token sale on CoinList. A total of 532,000 users from 112 countries registered, and 11,540 participants participated in the token sale. Stargate (DApp) — Twitter user zhouzhou tweeted that there seems to be a bug in the Stargate cross-chain bridge, which a certain whale is exploiting to earn $1000 — $2000 with each cross-chain transaction. However, later on, smart contract developer 0xlittledevil tweeted that this user’s behavior is actually in line with the Stargate protocol and is helping with pool rebalancing. 15.Gas Fee Consumption — Polygon Chain Draftkings (NFT) — A gaming and sports betting website. The US Golf PGA Tour has recently started, and users can purchase corresponding passes to enjoy corresponding benefits. The on-chain minting is very hot and the project previously created NFT passes for football. https://opensea.io/collection/draftkings-2022-reignmakers-football-field-pass 16.Gas Fee Consumption — Arbitrum Chain Gelato (DApp) — Gelato Network is a protocol focused on automating Ethereum smart contracts. Essentially, it’s an execution-layer infrastructure and a powerful tool for Web3 developers, aiming to build a large and perfect smart contract robot system. When certain preset conditions are triggered (both on-chain and off-chain), the system captures the signal and automatically executes the corresponding operations of the smart contract as required. The token GEL has shown no significant fluctuations recently. It is essential to observe this project. 17.Twitter Trends Token Top 20 UMEE (Token) — UMEE is a protocol that prioritizes compilable and secure blockchain lending. The project’s token, UMEE, is currently promoting its Liquid Staking feature, and Stride has launched staking services for this token, offering a staking annual percentage yield (APY) of up to 17.5%. UMEE increased by 5.63% today, with a total market trading volume of $690,000, indicating moderate popularity. 18.Google Trends — Global ARPA (Token) — The project is in the phase of development. It recently completed the building of a random number generator. After the first phase of the testnet, it optimized the network, fixed bugs, and conducted tests on the second phase of the testnet. Currently, the ARPA BLS-TSS network interacts with Ethereum Sepolia 200,000 times a day. The mainnet will be launched soon. There is a strong willingness to speculate on the project, with the ARPA token rising 30% in 24 hours, and the total market trading volume reaching a staggering $680 million in 24 hours. The community’s enthusiasm for speculation is very high. https://www.bitget.com/en/spot/ARPAUSDT_SPBL?type=spot ADA (Token) — ADA is currently promoting SPO-Poll’s launch on the mainnet, which can help ADA achieve more open and transparent community bid governance. The proposal has garnered significant attention from the ADA community and was retweeted by the Cardano Foundation, making it one of the most important recent events in the ADA ecosystem. 19.Google Trends Surge — East Asia, South Asia, Southeast Asia, Hong Kong, Macau, and Taiwan a) South Asia Region India Trending Tokens: BOB, ARPA, ADA, BTC Pakistan Trending Keywords: FOMC, Airdrop, Coindesk b) Southeast Asia Region Indonesia Trending Keywords: Faucet, Bob, Dogecoin Malaysia Trending Keywords: CoinGecko Thailand Trending Keywords: Cryptonews Philippines Trending Tokens: Holy c) East Asia and Hong Kong, Macau, and Taiwan Trending Tokens: XDC, GPT 20.Google Trends Surge — English-speaking Countries, Europe, CIS Region a) CIS Region Trending Keywords: Xen, Dune, CryptoNews, CMC b) English-speaking Countries Canada Trending Tokens: Polygon, Sandbox, ORCA UK Trending Tokens: ADA, Gala, Ladys, SBF USA Trending Tokens: ARPA, Tenet, PYR Australia Trending Tokens: LHINU, ARPA, QNT, WAVES, DOGE, XEN, SAND, BONE c) Europe Spain Trending Tokens: ARPA, HEX, PI, BTC France Trending Tokens: FTM, ICP, ARPA, IOTA Germany Trending Keywords: Opensea, LHINU, Matic, ADA Italy Trending Tokens: ARPA, KAS Poland Trending Tokens: ARPA Switzerland Trending Tokens: Pepe Turkey Trending Tokens and Keywords: DXY, Free ETH, MONG, VBET crypto login 21.Google Trends Surge — Middle East, Latin America, Africa a) Africa Trending Keywords: Etoro, Juno, Valr, Uniswap, XRP b) Middle East Trending Keywords: Uniswap, Rain, CMC, Crypto News c) Latin America Brazil Trending Tokens: Free BTC, ARPA, RADIX, ETH Argentina Trending Keywords: CMC, TradingView Mexico Trending Keywords: Bitcoin

Bitget Hot Takes (August 01 - August 07)

Bitget Hot Takes is the exclusive weekly newsletter series by Bitget Academy, the 360-degree onboarding guide for all crypto enthusiasts. Bitget Hot Takes last week can be found here. Central Themes BGB beat Bitcoin, Ethereum and most exchange tokens in 7-day return. A new wave of big names is coming to the crypto space. Around US$200 million was stolen in three attacks; data shows the vulnerability of bridge protocols. BGB’s Stemina Surprisingly, Bitcoin and Ethereum closed the first week of August with a loss. Meanwhile, BGB was going strong, having achieved an 8.11% growth in the last seven days. That puts BGB in the second place of the exchange token category. Bitget users’ trading activities over the same period were remarkable with US$1.183 trillion in aggregated futures volume and US$305 million in spot volume. Historical data proves that BGB tends to perform exceptionally well in uncertain times and sideways markets, while maintaining a steady performance in the uptrend. Need to check on BGB’s self-sustained growth? Here are our BGB Report for the last three months: BGB Sail: July Edition BGB Sail: June Edition BGB Sail: May Edition Big Names Join The Space Crypto’s Staples As seen above, Bitcoin cumulative returns have decreased by 2.83% at the end of August’s first week. BTC was trading between US$22,400 and US$23,600, seeing considerably less volatility than the week before. The hype for Bitcoin remains high as firms propose new hedging solutions using the largest cryptocurrency. Galoy, a banking software company that closed a US$4 million fundraise on August 3, has launched a Bitcoin-backed stablecoin called Stablesats shortly later. Meanwhile, the number of perpetual futures contracts with a negative funding rate has been on the way down, and so has Bitcoin risk signal. A reduction in negative funding rates means short sellers are less dominant; we could really consider this a positive sign for the following weeks. Source: Glassnode LVMH, Gucci, Tiffany, BlackRock and More Luxury brands are deepening their crypto involvements. If you don’t know about Aglaé Ventures yet, now is the time to do some research. The venture capital firm backed by Arnault, the controlling shareholder of LVMH, has launched a €100 million investment fund for Web3 projects at all stages. Former executives at CoinFund and Aave are leading the expansion of the VC from Web2 to Web3. Another lux giant, Gucci, now accepts ApeCoin payments through BitPay, becoming the first major brand to add APE to their payment options. Luxury jeweller Tiffany Co. explored another approach to the NFT space with their NFTiff collection. CryptoPunk owners would purchase a NFTiff pass, choose the punk of their preference, and wait for their bespoke pendant to be delivered around February 2023. All 250 NFTiffs were sold out for US$12,500 each, earning Tiffany Co. US$12.5 million in just 20 minutes. Within the same week, the world’s largest asset manager, BlackRock, entered into a partnership with Coinbase (COIN) to offer institutional investors direct access to crypto. The news immediately pushed COIN’s share price to go up by 31% to open last Thursday at US$106 - roughly one week after Cathie Wood’s Ark Invest dumped 1.41 million COIN at US$53. Even pension funds are eyeing the digital space. Fairfax County Retirement Systems, a $6.8 billion Virginia pension fund, has turned to yield farming for lucrative earnings. The iconic Starbucks and Meta decided to expand their business with the help of NFTs. After Meta successfully integrates Coinbase’s Wallet and DApp into the platform, the firm will release cross-platform NFTs across 100 countries. Starbucks, on the other hand, will incorporate NFTs in their customer loyalty program, allowing Starbucks lovers to earn digital collectibles through their everyday purchase. That could be the ultimate solution the NFT industry is looking for. Other crypto investments include: US$1 billion for Brevan Howard’s crypto fund US$20 million in Series A funding for NFT counterfeit detector MarqVision US$6.7 million in seed funding for Cosmos’ liquid staking protocol Stride Security Concerns Amplified On the first days of the new month, US$190 million was syphoned out of the Nomad cross-chain token bridge. A white-hacker who tried to protect Nomad’s funds at the time of attack has returned US$9 million to the protocol; and Nomad is offering a 10% bounty on any funds returned. An estimation by Chainalysis, which was released around the same time shows that cross-chain bridges appear to be the Achilles’ heel of the digital space: 13 hacks targeting this protocol type has resulted in a US$2 billion loss so far this year. The data platform also calls for ‘extremely rigorous code audits’ and ‘timely countermeasures’ to improve the security of cross-chain bridges. Source: Chainalysis Solana was the next victim of hackers. Nearly 8,000 wallets were compromised, mostly those provided by Phantom and Slope and US$5.2 million was stolen. Another Layer 1, Near Protocol, also notified its users of a wallet data breach that took place in June. Although the situation did not lead to any unfortunate consequences and the team had fixed the bug, it still adds to the concerns of blockchain security. ZB.com is a middle-tier crypto exchange that halted withdrawal only one day due to ‘sudden failure of some core applications’ before losing US$4.8 million. The Latest Bitget News Determined to bring our users the best crypto experience, Bitget constantly adds new trading pairs each week alongside the interesting, bountiful events. Don’t forget to register your Bitget account here to join the weekly, exclusive Live Trader AMA in our community group! Moreover, as pressure mounts on crypto firms, many exchanges have shut down or are about to, and you know that millions were drained from crypto wallets over the last seven days. That is to say how timely the launch of Bitget Investor Protection Fund is; with more than US$200 million available for any emergency compensation, Bitget is showing that nothing can stop us from providing an impeccably safe and reliable environment for crypto traders! To find out more about Bitget's Protection Fund, please visit here. New Listings CSPRUSDT CMPUSDT WOMBATUSDT ALPACAUSDT New Events Bitget Futures Trading Competition: US$10K and Samsung S22 Up For Grab! Buy Crypto With 0% Credit Card Fees Upgraded Bitget Referral Program Super Airdrops For Active Users Receive $4,163 In Welcome Bonus! Star Traders Recruitment - Bitget Copy Trade Needs You 1,000,000 SHIB For New Users Good Reads ​​How to Use Bitget - The Beginner's Guide (Tutorial Video) Crypto Rookie Mistakes Bitget Semi-annual Report 2022 Follow us for the latest updates: Twitter | Telegram | LinkedIn | Facebook | Instagram