Gracy Chen has criticized Hyperliquid’s response to an incident on its perpetual exchange, warning that the platform’s actions could result in it becoming the next FTX. Her remarks come after the company’s decision to delist JellyJelly (JELLY) perpetual futures contracts. Decentralization and Structural Risks On March 26, Hyperliquid announced that it was removing JELLY’s future...Read More
Bitget, a Seychelles-based crypto exchange, has unified its native cryptocurrencies, Bitget Token (BGB) and Bitget Wallet Token (BWB), into a single utility token, BGB. The move has led to an impressive 22% rise in Bitget Token’s price in the last 24 hours, pushing it to an all-time high (ATH) of $8.45. In addition, the company...Read More
Bitget revealed that its native wallet has surpassed 40 million users, representing a growth of over 100% since March 2024. This brought the platform closer to Binance, making it the second most downloaded crypto app in the world. In fact, Bitget Wallet recorded 6 million downloads in September alone. In a recent blog post, Bitget...Read More
