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Blockchain Press Releases

Bitget’s Native Token BGB to Be Listed on MEXC, Ushering in Heights of Price and Liquidity

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VICTORIA, Seychelles, July 28, 2023 /PRNewswire/ — Bitget, top crypto derivatives and copy trading platform, is delighted to announce the listing of its native token BGB on the renowned cryptocurrency exchange MEXC, which will happen on July 31. This strategic move is expected to further boost liquidity, accessibility, and the overall value and utility of the BGB token. Traders will be able to engage in seamless BGB/USDT trading on MEXC, accessing a broader range of opportunities and privileges.

With a circulating supply of 1,400,000,000 BGB and a total supply of 2,000,000,000, BGB plays a pivotal role in Bitget’s ecosystem. The token offers users exclusive privileges and a variety of rights on the Bitget exchange, encompassing fee discounts, access to high-quality tokens through Launchpad and Launchpool participation, the ability to Super Airdrop, and much more.

The decision to list BGB on MEXC came along with the surging demand for the token in the market, where it has already amassed over 300,000 holders and achieved a total trading volume of more than two billion USD since the beginning of the year. BGB experienced significant price growth, reaching an all-time high of over 0.51 USDT in February and was the best-performing exchange token in H1 2023, outpacing BTC.

This remarkable surge in BGB’s value can be attributed to Bitget’s successful and steady growth. With a rising share in both the spot and derivatives trading markets and a reputation for high financial security, Bitget has garnered significant traction. Additionally, Bitget’s impressive track record of listing over 180 coins in 2023 and boasting the best Launchpad performance, with an ATH average ROI of 41.9x, have strengthened the use cases and attractiveness for BGB.

The updated BGB whitepaper, released in April, revealed exciting new features in development, including the BGB lottery, trial fund for futures trading, and exclusive earning services. Additionally, the team is actively considering a BGB buyback and burn mechanism, aimed at reducing the token’s circulating supply and bolstering its overall value. In May, Bitget introduced yet another innovative feature called “Super Airdrop” for its platform token, BGB. This feature offers eligible BGB holders the opportunity to receive airdrops of any new crypto assets listed on the Bitget platform.

In addition to the developments of BGB functionalities, Bitget’s continuous growth and influence in the cryptocurrency market also serve as key drivers for the demand and price performance of BGB. According to TokenInsight’s Crypto Exchange Report Q2 2023, Bitget ranks the fourth in trading volume among all CEXs, and its market share increased by 1.81% to 8.7%, the second-highest increase among the Top5 CEXs. Bitget experienced a significant increase in market share in both the spot market and open interest, solidifying its position as a leading player in the industry.

Gracy Chen, Managing Director of Bitget, commented on the listing:

The listing of BGB on MEXC is a testament to the recognition and achievements of Bitget in the dynamic crypto space. As we continue to expand our ecosystem in both the CeFi and DeFi realms, enhancing BGB’s visibility and utility remains one of our top priorities. We are excited to unlock new possibilities and reach a broader audience through this strategic collaboration with MEXC.

BGB is now available for public exchange and trade on MEXC, along with Bitfinex and Bitget, with a total daily trading volume of $10 million. The Bitget team is continuing to explore future listing opportunities for BGB in the coming months.

About Bitget

Established in 2018, Bitget is the world’s leading cryptocurrency exchange that offers Copy Trading services as one of its key features. Serving over 20 million users in more than 100 countries and regions, the exchange is committed to helping users trade smarter by providing a secure, one-stop trading solution. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit: Website  |  Twitter  |  Telegram  |  LinkedIn  | Discord

Photo – https://mma.prnewswire.com/media/2163810/Bitget_s_Native_Token_BGB_Be_Listed_MEXC_Ushering_Heights_Price.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/bitgets-native-token-bgb-to-be-listed-on-mexc-ushering-in-heights-of-price-and-liquidity-301888204.html

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Blockchain Press Releases

Bitget to Take Center Stage at Blockchain Life and Token2049 Dubai

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VICTORIA, Seychelles, April 12, 2024 /PRNewswire/ — Bitget, the world’s leading cryptocurrency exchange and Web3 company, is excited to announce its participation in two prestigious blockchain conferences in Dubai, Blockchain Life and Token2049. Additionally, Bitget will co-host exclusive afterparties, further solidifying its presence in the global crypto community.

In joining these prestigious events, Bitget aims to actively participate in shaping the future of the blockchain and cryptocurrency industry. Aligned with our mission to empower the future of finance by ensuring secure, efficient, and smart digital transactions for smarter trading, we recognize the significance of these platforms in driving innovation and adoption within the crypto space. By engaging with global attendees, Bitget seeks to contribute to the ongoing dialogue surrounding the adoption and evolution of blockchain technology. The company also believes that participation in such events is instrumental in driving mass adoption of crypto, as it facilitates knowledge-sharing, networking, and collaboration among industry stakeholders, paving the way for a more inclusive and efficient financial ecosystem.

Here are some of the events details:

Blockchain Life Dubai 2024
Blockchain Life 2024 is set to be one of the premier crypto events of the year, attracting over 8,000 crypto enthusiasts and thousands of international companies to Dubai, the globally recognized crypto capital. Bitget’s Chief Operating Officer, Vugar Usi Zade, will take the stage to share insights during a panel discussion titled “Conductors in the World of Cryptocurrencies: What Top Exchanges Think About 2024?”

Token2049 Dubai
Bitget’s COO, Vugar will once again represent the company to showcase his expertise at Token2049 Dubai with a keynote speech and panel discussion surrounding the theme of Crypto Entrepreneurs and Real-World Assets Tokenization. This event promises to bring together top industry leaders and innovators to explore the latest trends and developments in the world of decentralized finance.

Exclusive Side Events:
At these exclusive events, attendees will have the opportunity to network and even participate in a car race with industry leaders and influencers, including executives from Bitget, TRON, P2P.org, Zircuit, Morph, Merlin Chain, Trust Wallet, Quantstamp, Foresight Ventures and many more on the guest list. The events, including “Bitcoin Track Day”, “The Crypto Trio Beach Night” and “K-pop Party featuring tripleS,” will take place on Apr 17 and 18 respectively.

“We are thrilled to be a part of Blockchain Life and Token2049 Dubai,” said Vugar Usi Zade, COO of Bitget. “These conferences provide an excellent platform for us to engage with the global crypto community, share our insights, and strengthen partnerships. We look forward to connecting with industry leaders, innovators, and enthusiasts from around the world.”

Aside from the aforementioned events, the Bitget team will also be present at various conferences and events, including the Global Blockchain Show, where they will share valuable insights and connect with attendees from around the world. For more information, please stay tuned at Bitget’s social media channels.

About Bitget
Established in 2018, Bitget is the world’s leading cryptocurrency exchange and Web3 company. Serving over 25 million users in 100+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget inspires individuals to embrace crypto through collaborations with credible partners, including legendary Argentinian footballer Lionel Messi and official eSports events organizer PGL.

For more information, visit: Website  |  Twitter  |  Telegram  |  LinkedIn  | Discord | Bitget Wallet

 

View original content:https://www.prnewswire.co.uk/news-releases/bitget-to-take-center-stage-at-blockchain-life-and-token2049-dubai-302115345.html

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Blockchain Press Releases

aelf Leads the Fusion of AI and Blockchain to Shape the Future of Technology

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Singapore-based blockchain pivots to artificial intelligence to unlock new frontiers in blockchain efficiency, scalability, intelligence, and security; and deploys $50 million ecosystem fund to support the AI transformation initiatives.

SINGAPORE, April 12, 2024 /PRNewswire/ — In a transformative move for the blockchain industry, aelf, a pioneering blockchain network, has announced its strategic shift to integrate artificial intelligence (AI) within its blockchain. This significant leap forward marks the beginning of a new phase for the aelf blockchain, transitioning from a decentralised network to a vibrant ecosystem enriched with state-of-the-art AI models and agents, broadening its functionalities and enriching user experiences.

“The integration of computation, LLM (large language model) and agents within the aelf’s blockchain is not just an enhancement; it’s an evolution,” stated Auric, Founder of aelf. “7 years ago, we have identified blockchain’s future and been relentlessly developing modular systems, parallel processing, cross-chain bridges and cloud-native architecture, which are now what the industry has been talking about. Now, we envision AI as the next catalyst for the future of blockchain and are determined to be the first in Asia to bring this evolution to fruition. This AI transformation is about cultivating a self-evolving system—a smarter, self-learning blockchain where each new block is more advanced than the last.”

To nurture and accelerate the convergence of AI and blockchain, aelf Ventures, aelf’s investment arm, will be strategically deploying its $50 million Ecosystem Fund to support innovative AI initiatives seeking blockchain enablement. With the roll-out of developer-friendly toolkits, aelf will further catalyse this AI blockchain innovation by empowering the community to utilise those new technologies for data pre-processing, model training, fine-tuning and deployment, agent development, on-chain deployment and monetization with the aelf blockchain environment.

Existing projects and games on the aelf blockchain are set to integrate these AI capabilities while new projects will benefit from aelf’s robust foundation, offering a dynamic and responsive blockchain ecosystem that delivers enhanced efficiency, strengthened security protocols, and sophisticated intelligent automation.

This AI transformation embodies aelf’s commitment to fostering an environment of continuous innovation and maintaining its position at the forefront of blockchain technology. With a steadfast dedication to expanding its capabilities, aelf remains focused on generating user-centric value and propelling the entire blockchain domain forward.

About aelf

aelf, the pioneer Layer 1 blockchain, features modular systems, parallel processing, cloud-native architecture, and multi-sidechain technology for unlimited scalability. Founded in 2017 with its global hub based in Singapore, aelf is the first in the industry to lead Asia in evolving blockchain with state-of-the-art AI integration, transforming blockchain into a smarter and self-evolving ecosystem.

aelf facilitates the building, integrating, and deploying of smart contracts and decentralised apps (dApps) on its blockchain with its native C# software development kit (SDK) and SDKs in other languages, including Java, JS, Python, and Go. aelf’s ecosystem also houses a range of dApps to support a flourishing blockchain network.

For more information, visit https://aelf.com.

View original content:https://www.prnewswire.co.uk/news-releases/aelf-leads-the-fusion-of-ai-and-blockchain-to-shape-the-future-of-technology-302115323.html

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Blockchain Press Releases

Bitrue Gears Up for 2024 Bitcoin Halving with Trading Competition

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SINGAPORE, April 12, 2024 /PRNewswire/ — Leading cryptocurrency exchange Bitrue unveiled a new competition available to all users on the platform that comes with a total prize up to $850,000 USDT in a recent X announcement.

The contest is being held in honor of the much anticipated Bitcoin Halving – an event that occurs once every four years to regulate the supply of new BTC entering the digital asset economy, and helps ensure long-term value through scarcity of supply.

The competition will rank traders according to their trading volume on the exchange during the contest period. The competition begins on Thursday April 11th and will continue until the halving event occurs (estimated April 20th). The prizepool will increase according to the number of valid participants in the competition, with the grand prize winner set to take home 25% of the total reward (212,500 USDT). All participating users will have a chance to win prizes regardless of their final rank.

With all eyes on this historic event, Bitrue is thrilled to be able to offer an exciting and rewarding way for its 10 million users to mark the occasion and provide them with an opportunity to earn a life changing amount of money. Interested parties should sign up on the Bitrue exchange now in order to be ready for when the contest goes live on April 11th.

About Bitrue

Launched in July 2018, Bitrue is a diversified digital exchange that supports trading, loans and investments. Bitrue aims to utilize blockchain technology to bring financial opportunities to everybody regardless of their location or financial position. It has offices in Asia and Europe, and continues to develop new features at a rapid speed to fully service the new wave of the digital economy. More information is available at Bitrue’s website.

Logo – https://mma.prnewswire.com/media/2385358/Bitrue_BitrueOfficial_Bitrue_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/bitrue-gears-up-for-2024-bitcoin-halving-with-trading-competition-302115311.html

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