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Crypto Exchange Hack : Bitget’s $352 Million Breach Came From Spoofed Transfers, Not Stolen Keys

Bitget revealed that a $351.6 million breach was not a private-key theft. According to CEO Gracy Chen, attackers broke into a critical wallet backend, fed forged transfer data into the exchange’s own approval process, and walked funds out of hot and warm wallets as if… Read More

If The CLARITY Act Does Not Become Law It Would Be Terrible For The US

With a cloture vote scheduled for today and market participants hopeful the bill will move forward, the CLARITY Act, crypto market infrastructure legislation, continues to have a dim outlook on prediction markets that the bill will be approved. Kalshi currently has just a 33% expectation that… Read More

Digital Assets Thoughts of the Week: Crypto Markets

Digital Assets minds had plenty to say about crypto markets this week. “On regulation, the SEC has proposed a framework for crypto assets, while the CFTC is advancing related regulatory and enforcement initiatives. The market is now watching the next procedural steps for the Clarity… Read More

The Earnings Call Went 24/7. Wall Street’s Clock Did Not.

Markets now price the news around the clock. The exchanges that host them still keep office hours. That gap is about to matter to everyone, not just to traders. Start with a scene that now plays out every few weeks. A large company reports its… Read More

Bitget CEO Says US Open-Market Bitcoin (BTC) Buys for Strategic Reserve are Not Likely

Bitget Chief Executive Officer Gracy Chen has expressed strong skepticism that the United States government will actively purchase Bitcoin on the open market to expand its Strategic Bitcoin Reserve before the end of President Donald Trump’s current term. In a recent interview, Chen described such… Read More

Payrolls Decline, Missing Estimate, Could Impact Crypto Near Term

Monthly payroll numbers were released this morning and the closely watched metric caused markets to jump as bad news is good news. Non-farm payrolls dropped by 23,000 in contrast to estimates that pegged the number at around 83,000 job gains. A revision for the previous… Read More

rSPAX: Republic’s SpaceX Offering Should Create an Exit Opportunity for Investors

Online investment marketplace Republic listed an offering for a digital representation of SpaceX shares via the platform’s “Mirror Tokens,” or rSPAX, which is a tokenized Contingent Payout Note. The offering had a funding cap of $8 million. The successful initial public offering (IPO) of  SpaceX (NASDAQ:SPCX) should provide… Read More

Tokenized SpaceX IPO Allocations Cancelled by Digital Assets Platforms Binance, Bybit, Bitget Due to Shortage of Shares

Digital assets investment platforms Binance, Bybit, and Bitget have scrapped their campaigns offering tokenized exposure to SpaceX’s highly anticipated initial public offering. The cancellations stemmed from an inability to secure sufficient underlying shares through their tokenized equity partner, highlighting persistent challenges in bridging on-chain products… Read More

Tokenized Stocks Grow, Trade Like Traditional Shares

Tokenized securities continue to grow. Digital assets that are securities are broadly viewed as the future of equities, debt, and more. The current administration in the US has embraced the transition to digital assets, which has fueled sector growth with legislation in the queue that… Read More

Bitget Wallet Adds Tokenized Stocks with xStocks

Bitget Wallet says it has integrated xStocks, thus providing access to self-custodied tokenized equities and ETFs for its users. According to a company release, over 130 tokenized assets are now available via the digital wallet. Bitget reports having over 300 assets, including stocks, crypto, commodities, and… Read More

Republic, Bitget Offer Pre-IPO Shares to Non US Investors

Bitget and Republic, via Republic International Cayman, have partnered on a new service called IPO Prime. The collaboration enables access to tokenized shares in pre-IPO firms. First on the list is an offering referencing SpaceX shares, a company expected to float on a US exchange… Read More

Netstars, Bitget Wallet Exploring Japanese Crypto Payments Union

Bitget Wallet is exploring the integration of self-custodial crypto payments into Japan’s stablecoin payment ecosystem through discussions with Netstars, a payment infrastructure provider. The initiative centers on how Web3 wallets can connect to existing merchant networks, marking a potential step toward bringing stablecoin payments into… Read More

Bitget now Offers Crypto Card Enabled by Visa

Bitget has partnered with Visa and DCS to launch the Bitget Card across various markets in the Asia Pacific (APAC). Powered by Visa, the card will allow users to spend with crypto. At first, the card will be digital-only, but a physical card is expected to arrive… Read More

South Africa’s Bitget Wallet Expands Crypto Payment Offering to Asia

South Africa-based Bitget Wallet launched the Bitget Wallet Card in selected Asia-Pacific markets, including Malaysia, expanding the crypto firm’s payments reach in a region it says is the world’s fastest-growing for digital assets. The self-custodial card connects users’ crypto balances to Mastercard’s network of more… Read More

Bitget Wallet Introduces Crypto Payments via Brazil’s Pix System

In a move for cryptocurrency adoption in Latin America, Bitget Wallet, a non-custodial cryptocurrency wallet, announced its integration with Pix, Brazil’s widely used instant payment platform. This innovative partnership, facilitated through collaboration with local licensee Aeon, allows Bitget Wallet users to make direct payments using… Read More

Bitget Says July was a Landmark Month

Crypto exchange Bitget is describing July as a landmark month for the firm. Bitget notes that it is ranked by Coingecko Spot ranking as  the 3rd largest crypto exchange [CoinMarketCap has Bitget at 5th place]. The company proclaims that July was another month of strong… Read More

Bitget Adds Instant Deposits Via Visa, Mastercard

Crypto exchange Bitget is now enabling instant deposits from users of Visa and Mastercard. The goal is to speed up transactions while providing alternatives to bank transfers and peer to peer funding. “Visa and Mastercard are among the most widely accepted payment methods worldwide. Giving… Read More

Bitget Forays into RWAs with BGUSD, Merges TradFi with Crypto

Bitget, the cryptocurrency exchange and Web3 company, has announced the launch of BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide “passive income opportunities for users worldwide.” BGUSD is integrated into the platform’s “trading and wealth management infrastructure, offering a multifaceted… Read More

Bitget Wallet to Offer Index Funds for Crypto Investors

Bitget Wallet, a non-custodial wallet, says it will soon offer “an on-chain index fund experience to retail crypto users.” The Reserve’s Decentralized Token Folios (DTFs) is said to be a diversified group of digital assets in a single token. Bitget is describing the token as… Read More

Bitget Initiates Legal Action Against Accounts in $20M VOXEL Market Manipulation Incident

The Citizens Jury Wheel Legal Court Trial Justice Judge Law

Cryptocurrency exchange Bitget has announced plans to pursue legal action against eight accounts suspected of orchestrating a sophisticated market manipulation scheme involving the VOXEL token, resulting in illicit profits exceeding $20 million. The move comes in response to unusual trading activity detected on April 20,… Read More

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