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Blockchain Press Releases

Bitget Unveils Proof of Reserves (POR) in March 2024: BTC & ETH Assets Surge by 20%

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VICTORIA, Seychelles, March 22, 2024 /PRNewswire/ — Bitget, the world’s leading cryptocurrency exchange and Web3 company, has introduced its latest monthly Proof of Reserves (PoR) report, showcasing its strong dedication to transparency. The report reveals an exceptional total reserve ratio of 173%, with the assets of BTC, ETH, and USDT increasing by over 20%. It emphasizes Bitget’s unwavering commitment to ensuring user funds are consistently supported by substantial reserves. With these regular PoR disclosures, Bitget upholds its pledge to maintain 100% backing for user funds.

 

Bitget reaffirms its unwavering commitment to sound financial practices and stability as evidenced by its latest PoR data. The impressive reserve figures underscore Bitget’s utmost devotion to protecting user assets and maintaining a high level of transparency. As of March 22nd,  Coinmarketcap reports that Bitget’s total reserves exceed $2.5 billion, comprising prominent cryptocurrencies like BTC, ETH, USDT, and USDC. By conducting routine audits, Bitget ensures continuous visibility and upholds its responsibility to openness and accountability.

Gracy Chen, Managing Director at Bitget said: Bitget is committed to delivering the utmost security and transparency for its users, emphasizing financial stability and technical resilience to establish unwavering trust in the platform. We take great pride in upholding the strongest reserve ratio among prominent exchanges, cementing Bitget’s position as a dependable and credible cryptocurrency exchange. This steadfast dedication to financial stability further bolsters the confidence of Bitget’s users in the platform’s reliability.

Bitget’s dedication to transparency aligns with its focus on maximizing user protection. In addition to its robust reserves, Bitget has established a Protection Fund and publishes monthly valuations to further safeguard users from unforeseen threats.

About Bitget

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Established in 2018, Bitget is the world’s leading cryptocurrency exchange and web3 company. Serving over 20 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

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Blockchain Press Releases

BingX AI Evolution Begins: A $300M Vision to Build the Future of AI-Powered Crypto

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PANAMA CITY, May 20, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, is excited to announce a bold, incremental strategy BingX AI Evolution to mark its 7th anniversary. This is a transformative blueprint that places artificial intelligence at the core of its innovation and operational roadmap. As part of this strategic shift, BingX plans to invest $300 million over the next three years to accelerate AI integration across its platform and ecosystem. This milestone initiative underscores BingX’s mission to redefine crypto with AI, driving meaningful progress across the Web3 space by embedding AI into every aspect of user experience, exchange operations, and future industry collaboration.

“We are thrilled to share this evolution as we celebrate our 7th anniversary. This is not just a product update — it’s a strategic reorientation,” said Vivien Lin, Chief Product Officer at BingX. “In the future, AI will become a defining engine of our evolution, enabling faster and smarter experiences. We want BingX to be more than just a trading platform — we want it to be a place where users feel empowered and genuinely supported by intelligent tools at every step of their journey. As AI grows more powerful, it’s crucial that innovation remains aligned with user needs and long-term trust. This drives our commitment to leading AI integration in crypto with both ambition and responsibility.”

AI as a Companion in Every User Journey

BingX will deploy AI across every stage of the user experience, beginning with an AI-powered tool to support users across various scenarios. From real-time market insights and position diagnostics to intelligent trade suggestions and trader analysis, the tool is designed to help users trade smarter and feel more confident. It addresses common concerns like market uncertainty and complex strategies. This marks the first step in making AI a true companion in every user journey.

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Meanwhile, BingX Labs will accelerate investments in AI-native Web3 projects, incubating innovations that bridge decentralized technologies with machine learning capabilities.

AI at the Core of BingX DNA

Looking ahead, BingX is set to become an AI-native company in its operations, culture, and decision-making. From internal processes to strategic direction, AI will influence how BingX thinks, acts, and grows.

This long-term vision goes beyond the exchange platform, as BingX commits to playing a leadership role in building a responsible, resilient, and interoperable Web3 AI ecosystem. Through deep collaboration with industry partners, the exchange aims to co-create frameworks that ensure innovation is aligned with security, ethics, and shared standards.

AI x Web3: Shaping the Intelligent Future of Crypto

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BingX recognizes that talent is the cornerstone of this revolution and aims to become the top-of-mind destination for individuals eager to lead and shape the next wave of breakthroughs in this dynamic field.

Meanwhile, BingX will establish a dedicated institute for AI research and innovation, designed to be the engine room for breakthroughs at the intersection of AI and Web3. This initiative reflects BingX’s long-term vision to not only adapt to the future — but actively build it.

BingX’s growth underscores its commitment to this AI evolution. The platform now serves over 20 million users worldwide and ranks among the Top 5 crypto derivatives trading platforms. Through BingX Labs, over $15 million has already been invested to accelerate innovation and support the broader Web3 ecosystem. As BingX moves forward, its AI-driven approach will continue to shape a more intelligent, inclusive, and connected digital economy — leading with purpose, inspiring progress, and unlocking smarter ways to AI-native future of crypto.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

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For more information please visit: https://bingx.com/ 

(PRNewsfoto/BingX)

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HTX Unveils Finalists for $6M Mars Program Special Edition, Space Journey Selection Enters Final Phase

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SINGAPORE, May 20, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, has officially announced five new finalists for its Mars Program: Special Edition, a once-in-a-lifetime spaceflight campaign personally funded by Advisor to HTX and Founder of TRON, Justin Sun. This brings the total number of candidates vying for a seat on a historic $6 million space voyage to twelve, as the program enters its final selection phase.

The five new candidates were chosen based on multiple factors including user registration duration, trading activity, asset balance, and referral contributions.

The UIDs of the newly selected candidates are: 269****10, 394****24, 448***68, 470****46 and 545****46. These five will join the seven previously selected Mars Program finalists—UIDs: 305****92, 416****94, 427****63, 436****64, 449****70, 464****24 and 471****74—forming a shortlist of 12 final candidates who will compete for one seat on a commercial spaceflight with Justin Sun in July 2025.

Official Announcement: https://www.htx.com.ec/support/85001963095003

The Mars Program: Special Edition is fully sponsored by Justin Sun, and represents a $6 million investment to make space exploration accessible to the broader crypto community. As the first initiative of its kind in the industry, the campaign underscores HTX’s mission to push the boundaries of user engagement and bring real-world value to its global community. Since its launch, the campaign has attracted a large number of participants from around the world.

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Following the selection of the 12 finalists, the program now enters a critical evaluation phase. Candidates will undergo training and assessment organized by the HTX team. The final space representative will be selected based on performance during this stage. The winner and further updates will be announced through HTX’s official channels.

HTX emphasized that this initiative is not only a continuation of the Mars Program, which has completed seven previous rounds, but also a strategic effort to enhance the platform’s global visibility and user loyalty. By offering extraordinary experiences to everyday users, HTX demonstrates its commitment to innovation, inclusion, and long-term value creation within the Web3 ecosystem.

About HTX
Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on XTelegram, and Discord.

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Blockchain Press Releases

HTX Launches Multi-Assets Collateral Mode for USDT-Margined Futures, Empowering Traders With Enhanced Capital Efficiency

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SINGAPORE, May 20, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange has rolled out a major product upgrade with the official launch of the Multi-Assets Collateral Mode for USDT-margined futures, now available to all users. This new feature marks a significant step forward in flexible capital deployment, enabling users to trade more efficiently without the need to convert collateral assets.

A New Standard for Futures Flexibility

The Multi-Assets Collateral mode introduces a breakthrough in futures trading by allowing users to use BTC, ETH, and other non-USDT assets as collateral when trading USDT-margined futures.

This innovation breaks away from the conventional requirement of posting margin in USDT, offering enhanced flexibility for traders. At launch, supported collateral assets include USDT, BTC, and ETH, with HTX planning to expand the list based on market dynamics and technical readiness. Users are encouraged to stay updated via HTX’s official announcements for future asset additions.

A Capital Efficiency Booster for Long-Term Holders

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The core benefit of the Multi-Assets Collateral mode lies in maximizing capital efficiency. It’s particularly attractive to long-term holders who prefer to retain exposure to major cryptocurrencies like BTC and ETH while remaining active in the futures market.

Previously, users had to convert their BTC or ETH into USDT to access the USDT-margined futures market, a step that not only added friction and cost but also introduced the risk of missed market opportunities. Now, with multi-assets collateral enabled, users can directly transfer assets, such as BTC and ETH into their USDT-M Futures accounts as margin with no conversion required.

For example, BTC holders who are bullish on the long term can now leverage their holdings for short-term USDT futures trades, profiting from market volatility while maintaining upside exposure. This dual approach — asset preservation and active trading — enhances portfolio diversification and performance, injecting fresh energy into the market.

HTX Continues to Set the Pace for Futures Innovation

The launch of the Multi-Assets Collateral mode for USDT futures reaffirms HTX’s commitment to delivering user-centric innovation and shaping the next phase of the crypto trading infrastructure.

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Looking ahead, HTX will continue to optimize the new feature performance, enhance trading stability, and expand supported collateral assets to better meet diverse user needs. The platform is also working to introduce more advanced trading tools and strategies, aiming to offer a comprehensive, professional-grade futures trading experience.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on XTelegram, and Discord.

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