Bitget Named Among Top 12 Finalists for Digital Currency Exchange of the Year at Australia’s 2024 Blockies Awards

[PRESS RELEASE – Victoria, Seychelles, October 31st, 2024] Bitget, the leading crypto exchange and Web3 company, has been selected as a finalist in the Digital Currency Exchange (DCE) of the Year category at Australia’s 2024 Blockies Awards. Only 12 finalists were announced for this competitive category among more than 400 registered...

Stablecoins Will Thrive Over CBDCs: Circle CEO (Binance Blockchain Week)

Speaking at the current Binance Blockchain Week in Dubai, the CEO of Circle, the issuer of the second-largest stablecoin, expressed optimism regarding global regulation toward the sector. He also asserted that people would prefer privately-issued stablecoins over government-launched CBDCs, which has been evident in China. Allaire spoke a lot about...

Polymarket Election Betting Rife With Wash Trading: Report

Polymarket’s odds as an election indicator have been questioned in a new report despite its widespread citation in mainstream media. On Oct. 30, Fortune reported that analysts at two crypto research firms had found evidence of “rampant wash trading” on the blockchain betting platform. The findings come from separate investigations...

Visa Partners With Coinbase to Enable Real-Time Cash Outs

In an announcement on Oct. 29, international credit giant Visa unveiled the partnership enabling real-time money movement between traditional banking and crypto services using the Visa Direct network. “This partnership adds convenience and new services for Coinbase customers across the US and EU, including real-time, reliable, and secure money movement,”...

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