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Bitget has onboarded over 2.5M users in MENA region in the past six months

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–News Direct–

Bitget, the world's leading cryptocurrency exchange and Web3 company, has released a report on the growth recorded in the Middle East and North African regions since its launch in November 2023. With over 2.5M users from the region alone, Bitget has now reached 25M users worldwide.

Last year, Bitget announced its expansion into the Middle East region with plans to establish its regional hub in the UAE and hire 60 employees as part of its global scaling strategy. In the last six months, Bitget has grown its MENA trading volumes by over 500% from its initial launch, aiming to bring in more localized solutions for its users.

Sam A Spiers, Regional Director for Bitget MENA, states: Bitget will strengthen its operations in the MENA region, leveraging the region's high adoption rates and crypto-friendly landscape. We are exploring blockchain and crypto projects to support home-ground projects for listing and providing more exposure to Middle Eastern founders and products.

In February 2024, Bitget Research released a Bitcoin Halving report that highlighted over 80% of MENA investors considered the halving to have a significant price impact, while the recent Bitcoin bull run to renew its all-time high value was anticipated by 88% of respondents more than in any other region.

The is higher optimism in comparison to the surveys other regional participants, as MENA users were the most willing to increase their crypto holdings, with 82% reporting affirmatively. In contrast, the global average didnt exceed 70%.

As part of its focus on the MENA region, Bitget has Arabic lingual support for its website and mobile application. Bitget users in the Middle East also benefit from zero fees for buying and selling cryptocurrencies through Bitget P2P, aiming to ensure a seamless and user-friendly experience for traders. This week Bitget partnered up with OnRamp, a leading crypto payment solution provider allowing its users to buy and sell crypto using various local currencies, including AED and other fiat currencies.

With the MENA region representing a significant share of the global crypto transaction volume in 2023, it is poised to grow exponentially in the years to come. Bitget has already begun exploring license applications to operate in target Middle East markets. It's our priority to obtain operating licenses and support our users with a secure WEB3 platform. Gracy Chen, Managing Director of Bitget.

Bitget has been expanding its operational reach globally in recent months, including registering as a VASP (Virtual Asset Service Provider) in Poland and obtaining similar crypto registration in Lithuania. The new expansion plan in the Middle East compliments its launch in Trkiye, which now features full localization, including its Turkish website Bitgettr.com featuring tailored services for users in Trkiye.

Bitget's growth plans go hand-in-hand with creating a seamless ecosystem of crypto products for users locally. By personalizing the platform offerings, Bitget recently launched a Ramadan campaign to celebrate the holy month with its users. Additionally, Bitget offers 0 fees for buying Bitcoin and Ethereum on spot trading along with free bank transfers.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 25 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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PR Team

[email protected]

Company Website

https://www.bitget.com/

View source version on newsdirect.com: https://newsdirect.com/news/bitget-has-onboarded-over-2-5m-users-in-mena-region-in-the-past-six-months-165061077

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Match System’s CEO Andrei Kutin Announces Full Recovery of $68 mln Stolen Crypto Assets

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Summary:  $68 million from the incident occurred on May 3, 2024 related to the “dust” attack were fully returned to the victim today with the participation of the cybersecurity agency Match Systems and the Cryptex cryptocurrency exchange. At the moment, the victim has no complaints against the attacker.

On May 3, 2024, one of the crypto whales became a victim of a classic dust attack (or “dandruff attack”) resulting in the theft of 1,155.28 WBTC, worth over $68 million.

The stolen tokens were received by an unknown scammer to the address 0xd9A1C3788D81257612E2581A6ea0aDa244853a91, from which the funds were moved to the address 0xfB5bcA56A3824E58A2c77217fb667AE67000b7A6. After which the stolen funds began to be distributed in parts to several scammer’s addresses. 

The victim immediately sought assistance from Match Systems. As a result of promptly conducted work, the assets were found and returned to the crypto whale in full in just a week. 

This incident perfectly demonstrates that promptly contacting specialists in case of theft of crypto assets significantly increases the chances of the crypto fraud victim to get them back. Moreover, the earlier the victim seeks help, the higher the probability of getting the stolen funds back in full.

More detailed information about this type of theft is contained in the article:

https://journals.nauss.edu.sa/index.php/JISCR/article/view/2237/1275

About Match Systems:

Match Systems, is a leading company specializing in AML services, blockchain investigations, and implementation of compliance procedures for cryptocurrency projects around the world. By leveraging advanced technology and expertise in financial crime detection, the company is poised to help organizations to navigate the complex regulatory landscape as well as minimize the risks associated with digital currencies.

Media contacts:

Name: Joseph Anderson

Website:  https://matchsystems.com/    

Email: [email protected]

Address: Dubai, UAE

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Arch Town Labs Announces Focus on Investing in and Supporting Non-profit Organizations and Social Impact Initiatives

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In the realm of non-profit organizations and social enterprises, funding is a critical factor that often determines the success or failure of the mission. One increasingly popular source of capital is Venture Philanthropy, a practice of making investments in non-profit or social enterprises that aim to generate both a social return and a financial return. In this article, we will explore three prominent venture philanthropy firms that non-profits and social entrepreneurs should be aware of.

Arch Town Labs

Arch Town Labs is a prominent venture philanthropy firm founded by Artem Vershinsky and Pavel Ryzhykh in 2023. It focuses on investing in and supporting non-profit organizations and social enterprises that are dedicated to creating positive social change. This organization believes in the power of social entrepreneurship and uses its resources to help these organizations scale and maximize their impact.

New Profit

New Profit is a venture philanthropy organization that aims to break down the barriers standing between people and opportunity in the United States. It seeks to transform the way America educates its children, propels people towards social mobility, and re-engineers our workforce for the future. The organization provides funding and strategic support to a portfolio of social enterprises to accelerate their impact.

The Edna McConnell Clark Foundation

The Edna McConnell Clark Foundation has been a pioneer in the world of venture philanthropy. The foundation is committed to helping financially disadvantaged youth in the United States. It achieves this by making large, long-term grants to non-profits that have demonstrated the potential to significantly improve the lives of these children.

The Skoll Foundation

The Skoll Foundation is another key player in the field of venture philanthropy. It was established by Jeff Skoll, the first employee and first president of eBay. The foundation invests in, connects, and celebrates social entrepreneurs and innovators who are committed to solving the world’s most pressing problems.

The Omidyar Network

The Omidyar Network is a philanthropic investment firm. It was established by eBay founder Pierre Omidyar and his wife Pam. The network supports innovative start-ups and non-profits in areas ranging from education and financial inclusion to property rights and government transparency.

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Media Details:

Website URL: https://archtown.org/labs

Company Name: Arch Town Labs

Contact Person: Artem Avershinsky

Email: [email protected]

Company Address: London, United Kingdom

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Embracing a World of Mutual Understanding among People through Mountain Tourism – “International Mountain Tourism Day 2024” Theme Events Will Kick Off

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China, 19th May 2024 – The “International Mountain Tourism Day 2024” Theme Events will be held in Nice, Alpes-Maritimes, France on May 29. The Events is hosted by the International Mountain Tourism Alliance (IMTA), a non-profit international organization initiated and established by China. A series of activities will be held around the events theme “Mutual Understanding among People through Mountain Tourism” and the forum theme “Mountain Tourism Destinations Responding to Climate Change“, including a launching ceremony, theme forum, promotion conference, negotiation meeting, exhibition, etc. 

Scenery of the Nice Côte d’Azur. Image source: Nice Côte d’Azur Tourism Board 

@Ville de Nice.

The year 2024 marks the 60th anniversary of diplomatic ties between China and France, and is also the “China-France Culture and Tourism Year”. France is a cultural and artistic center of Europe and one of the earliest countries to develop mountain tourism, the Theme Events held here will be meaningful. Through multi-perspective, multi-field, and multi-topic discussions and interactions, it will bring in-depth thinking and experience to the attendees. Through various exchange activities, it will showcase and disseminate the development concept of mutual understanding among people, and promote the innovation of the “Mountain Tourism Plus” model.

At the opening ceremony on the morning of May 29, leaders and representatives from IMTA, relevant institutions in Nice, France, relevant Chinese institutions in France, and international organizations will make wonderful addresses and give high-level speeches. At the theme forum, representatives from international tourism organizations, tourism-related institutions and enterprises of related countries, and experts and scholars will propose forward-looking and guiding opinions and solutions based on challenges brought by climate change to mountain tourism, ice-snow tourism and other aspects, as well as the interrelationship between sustainable tourism and climate change. In the afternoon, a Mountain Tourism Promotion & Sino-European Entrepreneurs Exchange Conference will be held to build a platform for exchange and cooperation between mountain tourism industry in China and Europe. With the purpose of exploring models and paths for multi-field and multi-level business cooperation, IMTA will exchange MOU with the International Nordic Walking Federation (INWA), World Association for Hospitality and Tourism Education and Training (AMFORHT), and SAS Maxi Event’s FRANCE.

Recently, Serge Koenig, a professor from Ecole Nationale de Ski et d’Alpinisme (ENSA) and an expert from IMTA, and Yang Xiaohua, a mountaineering coach from China, successfully summited Mont Blanc on behalf of the IMTA. According to information, this is one of a series of events of “International Mountain Tourism Day 2024”. Following the successful summit of Mount Everest with the “International Mountain Tourism Day” flag on May 29, 2019, the summit of the highest peak in Western Europe in 2024 symbolizes the contemporary move of mountain tourism in the two countries going forward hand in hand with courage. It not only aligns with the sportsmanship spirit of the Paris Olympics but also vividly reflects the synergy and interaction between sports and mountain tourism, symbolizing the ongoing, upward and forward friendship between the Chinese and French people.

Serge Koenig (right) and Yang Xiaohua successfully summited Mont Blanc, France. Image source: IMTA.

In order to deepen international friendly exchanges and promote understanding and respect of different cultures, IMTA will host the “Nice Night” Dinner and the Mountain Community & Art Exhibition. The fusion of traditional Chinese Miao and Dong ethnic songs, dances, Western orchestral music, and the interaction between global mountainous natural scenery and humanistic life, will surely bring unique experiences to the guests. During the event, the Global Initiative of “Mutual Understanding among People through Mountain Tourism” will also be released. Relying on mutual learning among civilizations, the inheritance of mountain civilization will be empowered with new connotations of the era and will contribute to enhancing the integration and mutual understanding of world civilizations.

Dong Grand Choir of Guizhou, China. Image source: IMTA, photographed by Wang Xiao.

The “International Mountain Tourism Day” is an international commemorative day initiated and established by IMTA in 2018. At present, it has become an international platform for the global tourism industry and IMTA members to jointly cultivate, participate in, and benefit from. It is an institutional brand for IMTA to participate in the establishment of a global tourism governance system. IMTA will start with “International Mountain Tourism Day” to promote innovation of the “Mountain Tourism Plus” model, facilitate the development of the global tourism industry, and join hands with others in the industry to work together to build a sustainable tourism community a with shared future.

Media Contact

Organization: International Mountain Tourism Alliance

Contact Person: Zhang Yijing

Website: http://www.imtaweb.net/

Email: Send Email

Country: China

Release Id: 19052412304

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