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Project Overview
Founded in 2018, Bitget is a cryptocurrency exchange and Web3 company. As of early 2024, Bitget provides services to more than 100 countries and regions around the world, helping more than 25 million users achieve smart transactions through leading trading solutions such as copy trading.
Bitget Partners with Reality and Keyring to Publish Research Report, Plans to Launch Onchain Stock Basis Trading Strategy
Odaily Report: Bitget, in collaboration with Reality and Keyring, has published a research report exploring the synergies between tokenized stocks, perpetual contracts, and decentralized lending, while assessing the potential returns and risks of related strategies through simulated calculations. The report notes that the application of tokenized stocks is expanding from traditional stock trading to collateralized lending, asset management, and systematic investment strategies.The research is based on Reality's rToken, combined with stock perpetual contract hedging and onchain lending mechanisms, to explore stock basis yield strategies. Historical simulation data shows that from December 15, 2025, to October 19, 2026, the strategy index achieved annualized net returns of approximately 7% and 4% in-sample and out-of-sample, respectively, with a gross funding rate premium of approximately 11%–14%. The report also notes that financing costs, trade execution fees, market liquidity, and risk management are key factors affecting the strategy's actual returns.It is understood that Bitget and Keyring plan to jointly develop a stock basis index and build an onchain lending market based on Reality's rToken. Reality will provide exposure to tokenized stock assets, while Keyring will be responsible for developing the index methodology and building the related lending market. The index aims to capture funding rate and basis yield opportunities by combining rToken holdings with hedged positions in corresponding stock perpetual contracts, providing a new strategic pathway for the application of tokenized stocks in onchain financial scenarios.
Bitget Wallet Integrates RWA Protocol Reality, Supporting Over 1,700 Tokenized US Stocks
Odaily News: Bitget Wallet has announced its integration with RWA protocol Reality, opening trading access to over 1,700 rToken tokenized US stocks. Through this integration, users can trade tokenized US stocks 24/7 on Arbitrum and Morph without needing to open an overseas brokerage account, submit KYC, complete a W-8BEN form, or arrange a wire transfer. Dividends generated by the corresponding underlying assets will be credited to Bitget Wallet in USDT at a 1:1 ratio.Reality is a compliant tokenized asset issuance platform, licensed under El Salvador's digital asset issuance law framework. Its issued rTokens are backed 1:1 by real US stocks, currently supporting over 1,700 tokenized US stocks including rTSM, rNVDA, rAAPL, and rQQQ, covering approximately 95% of US market trading volume. rTokens can connect directly to liquidity across all US markets including Nasdaq and the NYSE, with underlying assets compliantly custodied by FINRA-licensed broker-dealer Alpaca Securities, maintaining a reserve ratio exceeding 100%, with third-party CPA firms issuing daily real-time Proof of Reserve (PoR). This integration will further advance Bitget Wallet's Everyday Finance strategy, aiming to enable users to seamlessly conduct everyday transactions of traditional financial assets through an on-chain wallet.
Jack Ma Increases Stake in Alibaba's Hong Kong-Listed Shares by Over HK$600 Million; US-Listed Stock Rises Approximately 2% in Pre-Market Trading
According to The Securities Times citing sources, as Alibaba launched a placement to raise capital, founder Jack Ma has purchased additional shares of the company's Hong Kong-listed stock over consecutive days, with a total value exceeding HK$600 million. According to Bitget market data, possibly influenced by this news, Alibaba's US-listed stock (BABA.N) rose approximately 2% in pre-market trading, following an earlier drop of more than 1%.
As trading activity heats up in global markets, Bitget's TradFi futures trading volume surpassed 150 million trades in August
Odaily News: According to the latest data from Bitget, as of August 20, the cumulative number of TradFi futures trades on the platform in August has exceeded 150 million, with a peak of 13.64 million trades in a single day. As demand for trading traditional financial assets such as U.S. stocks, forex, precious metals, and commodities continues to rise, trading activity on Bitget's TradFi segment has further increased.
Bitget Launches Stock+ US Stock Margin Trading, Initially Supporting 3,800+ Margin Trading and 2,300+ Short Selling Targets
Odaily News: According to Bitget's official announcement, the platform has officially launched the Stock+ US stock margin trading service. Users can access this feature by simply opening a Bitget Stock+ account. The initial offering supports margin trading for over 3,800 targets and short selling for over 2,300 targets (currently only supporting short selling of ETBs), with leverage of up to 3x. Among these, the annual interest rate for margin trading is 5%; during the promotional period, the annual interest rate for short selling is as low as 0%.The launch of this product further enriches the US stock trading scenarios available under Stock+. Users can engage in margin trading by using securities or assets in their accounts as collateral to borrow funds to purchase securities; they can also borrow securities to sell short, and later buy them back to return after the stock price declines, thereby meeting the needs of two-way trading (long and short) and improving capital efficiency.
Bitget Launches $300 Million "Archimedes Program" to Provide Dedicated Funding Support for Quantitative and Asset Management Institutions
Bitget announces the launch of the "Archimedes Plan (Project Archimedes)", establishing a dedicated fund with a total size of $300 million to provide capital support to quantitative trading firms, asset management institutions, and market makers. The plan comprises two sub-projects: a $100 million "Funding Support Plan" focusing on supporting emerging and growth-stage quantitative institutions adopting market-neutral strategies; and a $200 million "Interest-Free Loan Plan" targeted at institutions with mature strategies and certain trading volumes, where those meeting corresponding trading volume or position standards can obtain interest-free funds to reduce financing costs and expand strategy scale. Bitget CEO Gracy Chen stated that as institutional trading competition intensifies, capital, execution efficiency, and risk control are becoming key factors determining whether strategies can achieve scalability. Project Archimedes aims to help teams with mature capabilities expand strategy scale through capital support, and is expected to support over 50 projects within the next six months. Meanwhile, leveraging the Bitget Unified Account (UTA), institutions can use rToken spot positions as derivatives margin, maintaining tokenized stock exposure and contract strategies simultaneously without cross-account transfers, thereby further improving capital efficiency. Project Archimedes will adopt a long-term cooperation framework, implementing rolling access and phased deployment, and will subsequently disclose progress regularly, including the number of participating institutions, fund deployment scale, and strategy distribution.
Bitget Wallet Launches USD/EUR Virtual Accounts, Enabling Account Opening Without US or EU Identity
Odaily Report: Bitget Wallet has officially launched its Virtual Account feature, allowing users to open a real USD or EUR account for free within the wallet without requiring US or EU residency status, enabling them to directly receive salaries, freelance income, and cross-border remittances.The feature is supported by licensed banking partner Noah for compliance, is globally available, and can be set up within minutes after completing KYC. It supports major receiving channels including ACH, Fedwire, SWIFT, and SEPA, with fees significantly lower than traditional remittance services. After users transfer USD or EUR to the virtual account, incoming funds are automatically and instantly converted to stablecoins, which can be directly used for wealth management within the wallet, crypto card spending, and QR code payments.This move marks Bitget Wallet's payment ecosystem extending from the "spending side" to the "receiving side," building a complete monetary account system covering receiving, savings, wealth management, and spending. Currently, Bitget Wallet serves over 100 million users globally, and the launch of virtual accounts is a key step in advancing its Everyday Finance strategy, aimed at bringing bank-grade receiving capabilities into the self-custody wallet ecosystem.
Bitget to Acquire Thai Licensed Exchange, Accelerating Southeast Asia Localization Strategy
Odaily reports: According to Bitget's official announcement, the platform has announced the acquisition of Bangkok-based digital asset exchange and broker GMO-Z.com Cryptonomics (Thailand) Co., Ltd. The acquisition involves all shares of the target company held by shareholders including GMO Internet and its related subsidiaries.GMO-Z.com Cryptonomics (Thailand) holds a Thai digital asset exchange and brokerage license. The acquisition will leverage its existing compliance foundation and local market experience to strengthen Bitget's localized operations in Thailand and further enhance its strategic layout in the Southeast Asian market.Bitget CEO Gracy Chen stated that Thailand is an important digital asset market in Southeast Asia, and this acquisition will help Bitget establish a localized operational system, gradually expanding the application of its global trading services in the Thai market while complying with local regulatory requirements.
Bitget Adds 108 Stock Spot rTokens Including BYD ADR, Total Support Now Exceeds 3,000 rTokens
Odaily News: According to an official announcement, Bitget has listed 108 stock spot rTokens, including rTCEHY (Tencent Holdings ADR), rBYDDY (BYD ADR), rXIACY (Xiaomi Group ADR), and rVWAGY (Volkswagen ADR). As of now, the Bitget platform supports a total of 3,035 rTokens.It is reported that rTokens, identified by the letter "r" plus the stock ticker (e.g., rNVDA for Nvidia), are issued by Reality, a licensed RWA protocol under Bitget, through a partnership with compliant broker Alpaca to directly connect to global liquidity pools such as Nasdaq and the NYSE. Their features include: underlying assets backed by 1:1 reserves and custodied by licensed custodians, stock dividends distributed 1:1 in token form, support for synchronous mapping of corporate actions (stock splits and reverse splits, etc.), and holdings can serve as joint margin for the unified account and USDT-margined futures, allowing users to hold global stock assets while still managing funds flexibly.
Bitget to Cease Services for Certain Users, Involving $388 Million Security Incident
Odaily reports: Cryptocurrency exchange Bitget has announced that it will cease providing services to certain users through a one-time measure. Bitget stated that user funds remain safe during the related service adjustments, and the platform will continue to operate.Affected users will receive follow-up steps, relevant deadlines, and fund withdrawal arrangements via email, in-app messages, and/or push notifications. Users who have not received official notifications from Bitget may continue to use their accounts normally.Bitget's customer support team will assist users with pending orders, withdrawals, and other account issues during the process, and reminds users to use only official channels and to beware of phishing links, impersonation accounts, and unverified information.On September 25, Bitget confirmed an unauthorized transfer and temporarily suspended withdrawals to investigate a security breach. Subsequent disclosures revealed that the incident involved approximately $388 million in stolen assets. (Cointelegraph)
Xie Jiayin: Users Are Becoming More Professional, Reverse-Defining Products to Form a Virtuous Cycle
Xie Jiayin, Head of Bitget Greater China, posted on X sharing his thoughts from attending Token2049 Singapore. First, users are becoming increasingly professional and have begun to reverse-define products—demands such as options and strategy marketplaces to amplify capital efficiency were all raised by users; for institutions, the capital efficiency gains brought by tokenization are a core need. Second, the bubble is being cleared out, with projects beginning to de-tokenize—no longer relying solely on token issuance for marketing, but instead creating real value through payments, asset management, and brokerage services. Third, the industry is welcoming a clear regulatory framework, which will inevitably bring short-term pain, but in the long run, compliance and institutionalization will drive the industry to consolidate into mature financial infrastructure.
Bitget hacker transfers $3.9 million in ZEC into Zcash privacy pool
Odaily reports: A wallet linked to the $387.5 million Bitget exploit transferred 2,746 ZEC into Zcash's Ironwood privacy pool on Wednesday across three transactions, worth approximately $3.9 million.The funds account for roughly 15% of the ZEC stolen on September 24. The Ironwood privacy pool can conceal the sender, recipient, and transfer amount, but investigators may still be able to trace the path of funds returning to public addresses through transaction timing and amounts. (CoinDesk)
ZachXBT: Stolen funds from Binance and Bitget flow into the same address, suspected work of the same hacker
ZachXBT stated that approximately 45 minutes ago, the stolen funds from the $6.3 billion Binance hack and the $388 million Bitget hack were transferred via THORChain and pooled into a single on-chain address. This flow of funds indicates that both incidents may have been carried out by the same attacker. ZachXBT pointed out that the Bitget attack was previously attributed to the North Korea-affiliated hacker group TraiderTraitor, which is also connected to earlier attacks, including those on Kelp DAO.
ZachXBT: Stolen funds from Binance and Bitget hacks flowed into the same address, likely the work of the same attacker
Odaily reports: On-chain detective ZachXBT posted on X that approximately 45 minutes ago, stolen funds from the $6.3 billion Binance security incident and the $388 million Bitget security incident flowed through THORChain into the same address and were mixed, indicating that both incidents were likely carried out by the same attacker.ZachXBT noted that the Bitget attack had previously been attributed to the North Korea-linked hacking group TraiderTraitor, which has also been linked to other security incidents such as Kelp DAO.
OKX Star: Calls for Joint Industry-Level Security Standards, Opposes Security Becoming a Competitive Domain
According to official sources, in response to recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be an area of commercial competition, but rather a shared responsibility of the entire crypto industry. Over the past decade, major exchanges have made significant progress in private key protection, but potential risks remain in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at any exchange could undermine trust in the entire industry.Star called on major exchanges in the crypto industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including adding verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, and implementing key security restrictions at the cryptographic signing layer. Meanwhile, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as quantum-resistant cryptography and AI-driven security threat defense. He emphasized that no single company can safeguard the future of the crypto industry alone.
ZachXBT: Axis Robotics insiders dumped token AXIS, dropping 40% in 24 hours
According to on-chain detective ZachXBT, insiders at Axis Robotics (AXIS) withdrew over 76 million AXIS tokens from a multisig wallet, valued at over $12 million. They subsequently dumped them via a decentralized exchange (DEX) and transferred part of the tokens to Bitget, causing AXIS to drop by approximately 40% over the past 24 hours.
Bitget to List AXIS for Spot Trading
Bitget will list Axis Robotics (AXIS) for spot trading in the AI zone. The deposit channel is now open, and the trading channel will open on October 21 at 21:00 (UTC+8).
$1.3 Million in QU Stolen, 1,404 Qubic Wallets Emptied and Network Paused
Odaily reports: Blockchain project Qubic has disclosed that between October 17 and 18, approximately 2.94 trillion QU worth $1.3 million was transferred out of 1,404 wallets. The unauthorized transfers occurred between 23:42 and 01:26 the following day, after which network validators paused transactions at tick 85,371,949.Qubic stated that the incident involved predictable wallet seeds generated by older Apple devices and browsers, and that the issue has been fixed in version 4.26.4. Developers also secured other at-risk funds before the attacker could move them.About 87.1% of the stolen QU remains within the paused Qubic network, while approximately 12.9% was transferred to cryptocurrency exchange MEXC and frozen. Cryptocurrency exchange Bitget has suspended QUBIC deposits and withdrawals. Whether victims will be compensated is to be decided by Qubic's Computor cluster, and QEARN staking remains unaffected. (Bitcoin.com News)
AI Agents Accelerate Cyberattacks, Binance Incident Estimated to Have $6.3 Billion Impact
AI is accelerating the cyberattack process, with researchers noting that attackers have already used autonomous tools to automate phishing, vulnerability research, and credential theft. Binance stated that its October 30 incident is estimated to have caused a $6.3 billion impact; the Bitget incident in September involved approximately $387.5 million transferred to attacker-controlled addresses. Neither company has publicly attributed the incidents to AI.Google's threat intelligence unit said attackers are shifting from simple AI prompts to agentic attack workflows. In a 2026 case disclosed by Google, attackers used AI agents to carry out large-scale credential theft in under 6 hours, resulting in the leakage of thousands of third-party credentials; Anthropic has also observed attackers running AI agents in parallel to conduct reconnaissance, vulnerability exploitation, and theft.This summer, a partial seed randomness flaw in COLDCARD-generated seeds was linked to the theft of 1,367 bitcoins across more than 4,500 addresses, worth close to $116 million at the time. Keystone disclosed that an October website incident leaked personal information related to 25,964 buyer records; FBI records show that from January to November 2025, reported losses from account takeovers exceeded $262 million. (Bitcoin.com News)
Bitget Wallet: We have immediately collaborated with the Binance Security Team. Information transparency is a principle we consistently uphold.
According to official statements, Bitget Wallet stated that in response to the security incident at Binance today, it has immediately collaborated with Binance's security team to continuously track the flow of involved funds, including those transferred via the Bitget Wallet cross-chain bridge.
ZachXBT: Stolen funds from Binance and Bitget flow into the same address, suspected work of the same hacker
ZachXBT stated that approximately 45 minutes ago, the stolen funds from the $6.3 billion Binance hack and the $388 million Bitget hack were transferred via THORChain and pooled into a single on-chain address. This flow of funds indicates that both incidents may have been carried out by the same attacker. ZachXBT pointed out that the Bitget attack was previously attributed to the North Korea-affiliated hacker group TraiderTraitor, which is also connected to earlier attacks, including those on Kelp DAO.
ZachXBT: Stolen funds from Binance and Bitget hacks flowed into the same address, likely the work of the same attacker
Odaily reports: On-chain detective ZachXBT posted on X that approximately 45 minutes ago, stolen funds from the $6.3 billion Binance security incident and the $388 million Bitget security incident flowed through THORChain into the same address and were mixed, indicating that both incidents were likely carried out by the same attacker.ZachXBT noted that the Bitget attack had previously been attributed to the North Korea-linked hacking group TraiderTraitor, which has also been linked to other security incidents such as Kelp DAO.
OKX Star: Calls for Joint Industry-Level Security Standards, Opposes Security Becoming a Competitive Domain
According to official sources, in response to recent security incidents involving Bybit, Bitget, and Binance, OKX founder and CEO Star stated that security should not be an area of commercial competition, but rather a shared responsibility of the entire crypto industry. Over the past decade, major exchanges have made significant progress in private key protection, but potential risks remain in access control and wallet management systems. He emphasized that no system is absolutely secure, and any major security breach at any exchange could undermine trust in the entire industry.Star called on major exchanges in the crypto industry to strengthen cooperation and jointly establish stricter industry security standards and coordinated response mechanisms, including adding verification and security delays for large withdrawals to unknown addresses and smart contract authorization transactions, and implementing key security restrictions at the cryptographic signing layer. Meanwhile, the industry should establish real-time security incident reporting, joint monitoring of suspicious funds, and rapid response mechanisms, and promote collaborative research in areas such as quantum-resistant cryptography and AI-driven security threat defense. He emphasized that no single company can safeguard the future of the crypto industry alone.
OKX Founder Star: Security should not be a domain for commercial competition; a stronger coordinated response mechanism should be established.
OKX founder Star stated that following a series of security incidents at Bybit, Bitget, and Binance, he called on industry CEOs to join forces and establish stronger security standards and coordinated response mechanisms, including mandatory security restrictions at the signature layer, real-time incident reporting, and rapid freezing of stolen assets.
Bitget CFD Forex Leverage Upgrade: 21 Currency Pairs Now Support Up to 2,000x Leverage
Odaily reports: According to an official announcement, Bitget will implement dynamic leverage management for 21 forex currency pairs, including EURUSD (Euro/US Dollar) and USDJPY (US Dollar/Japanese Yen), starting November 1, with maximum leverage upgraded to 2,000x. The platform will also adopt a tiered margin calculation mechanism, applying corresponding margin rates to positions within different exposure ranges.This adjustment further enriches CFD leverage configuration options, enhances capital efficiency and strategy flexibility, and meets users' trading needs across different market environments.
Bitget Lists Perpetual Contracts for 3 Stocks Including Pfizer and Fortinet
Bitget has listed perpetual contracts for 3 popular stocks: FTNT (Fortinet), EWZS (iShares MSCI Brazil Small-Cap ETF), and PFE (Pfizer).These contracts are settled in USDT and support up to 20x leverage and 24/7 trading. As of now, Bitget supports a total of 392 stock contract underlying assets.
Bitget: The platform operates securely and stably, and stands ready to collaborate with Binance and the industry to jointly address security challenges.
Bitget stated that the platform remains stable and secure, with all services fully operational. Bitget expressed support for Binance and the broader cryptocurrency industry, emphasizing that security is not a competitive matter but a shared responsibility across the sector. Bitget will continue to uphold professional security standards, prioritize user experience, and has expressed readiness to provide support within its capabilities.
Bitget Launches Perpetual Contracts for 5 Stocks Including Petrobras and Nubank
Bitget lists five popular stock perpetual contracts: ITUB (Itaú Unibanco), DASHSTOCK (DoorDash), NU (Nubank), PBR (Petrobras), and CLS (Tianhong Technology). These contracts settle in USDT, support up to 20x leverage, and enable 24/7 trading. To date, Bitget supports a total of 389 stock contract underlying assets.
Likely influenced by Google's third-quarter earnings report, Bitget GOOGL contract open interest increased by over 69% in 24 hours.
According to market news, Alphabet, the parent company of Google, saw its stock fall nearly 10% in after-hours trading following the release of its third-quarter earnings report early today. Likely driven by market volatility, data from CoinGlass shows that the total open interest for GOOGL contracts across platforms increased by 64.32% over the past 24 hours, with a current position value of approximately $637 million. Specifically, Bitget's GOOGL contract open interest reached $52.69 million, surging by over 69% within the same period.
Bitget PoolX: Lock BGBTC to Unlock 7,100 UNI Airdrop
Bitget PoolX is launching a BGBTC lock-up event, where users can lock BGBTC to participate in the distribution of 7,100 UNI airdrop, with a maximum lock-up limit of 30 BGBTC per user. The lock-up period is from October 29, 18:00 to November 3, 18:00 (UTC+8).
Related news
AI Agents Accelerate Cyberattacks, Binance Incident Estimated to Have $6.3 Billion Impact
AI is accelerating the cyberattack process, with researchers noting that attackers have already used autonomous tools to automate phishing, vulnerability research, and credential theft. Binance stated that its October 30 incident is estimated to have caused a $6.3 billion impact; the Bitget incident in September involved approximately $387.5 million transferred to attacker-controlled addresses. Neither company has publicly attributed the incidents to AI.Google's threat intelligence unit said attackers are shifting from simple AI prompts to agentic attack workflows. In a 2026 case disclosed by Google, attackers used AI agents to carry out large-scale credential theft in under 6 hours, resulting in the leakage of thousands of third-party credentials; Anthropic has also observed attackers running AI agents in parallel to conduct reconnaissance, vulnerability exploitation, and theft.This summer, a partial seed randomness flaw in COLDCARD-generated seeds was linked to the theft of 1,367 bitcoins across more than 4,500 addresses, worth close to $116 million at the time. Keystone disclosed that an October website incident leaked personal information related to 25,964 buyer records; FBI records show that from January to November 2025, reported losses from account takeovers exceeded $262 million. (Bitcoin.com News)
Bitget CFD Forex Leverage Upgrade: 21 Currency Pairs Now Support Up to 2,000x Leverage
Odaily reports: According to an official announcement, Bitget will implement dynamic leverage management for 21 forex currency pairs, including EURUSD (Euro/US Dollar) and USDJPY (US Dollar/Japanese Yen), starting November 1, with maximum leverage upgraded to 2,000x. The platform will also adopt a tiered margin calculation mechanism, applying corresponding margin rates to positions within different exposure ranges.This adjustment further enriches CFD leverage configuration options, enhances capital efficiency and strategy flexibility, and meets users' trading needs across different market environments.
Bitget Wallet: We have immediately collaborated with the Binance Security Team. Information transparency is a principle we consistently uphold.
According to official statements, Bitget Wallet stated that in response to the security incident at Binance today, it has immediately collaborated with Binance's security team to continuously track the flow of involved funds, including those transferred via the Bitget Wallet cross-chain bridge.
Bitget rToken and Stock+ trading will switch to winter time starting November 1.
According to official announcements, due to the US market's switch to winter time, the trading hours for Bitget rToken and Stock+ will follow the winter time schedule starting November 1, with the overall trading session delayed by one hour.
ZachXBT: Stolen funds from Binance and Bitget flow into the same address, suspected work of the same hacker
ZachXBT stated that approximately 45 minutes ago, the stolen funds from the $6.3 billion Binance hack and the $388 million Bitget hack were transferred via THORChain and pooled into a single on-chain address. This flow of funds indicates that both incidents may have been carried out by the same attacker. ZachXBT pointed out that the Bitget attack was previously attributed to the North Korea-affiliated hacker group TraiderTraitor, which is also connected to earlier attacks, including those on Kelp DAO.
ZachXBT: Stolen funds from Binance and Bitget hacks flowed into the same address, likely the work of the same attacker
Odaily reports: On-chain detective ZachXBT posted on X that approximately 45 minutes ago, stolen funds from the $6.3 billion Binance security incident and the $388 million Bitget security incident flowed through THORChain into the same address and were mixed, indicating that both incidents were likely carried out by the same attacker.ZachXBT noted that the Bitget attack had previously been attributed to the North Korea-linked hacking group TraiderTraitor, which has also been linked to other security incidents such as Kelp DAO.