Thorium Space S.A. ogłasza zakończenie sukcesywnych testów nowego terminala satelitarnego AURORA Ka-Band, potwierdzając swoją pozycję lidera w innowacyjnych technologiach kosmicznych. Firma jest uznana za lidera w dziedzinie zaawansowanych systemów komunikacji satelitarnej.
Bitget, the top cryptocurrency exchange and Web3 company, has announced the latest valuation of its Protection Fund for July 2024. Despite market fluctuations, the fund remains well-insured, surpassing the company’s initial commitment of $300 million and maintaining an average of $407 million last month.
Bitget’s Protection Fund was created to protect users’ assets and is a crucial part of the company’s security measures. Launched in December 2022, the Protection Fund is self-funded and stored in publicly visible wallets for transparency and quick access. In addition, Bitget’s Proof of Reserves, introduced in December 2022, adds an extra layer of security by maintaining a reserve ratio of at least 1:1 for user assets, demonstrating the company’s dedication to asset safety.
„Our priority is to safeguard user assets amidst market fluctuations and uncertainties. Bitget’s Protection Fund is an additional layer of trust to elevate our user security. By maintaining a substantial reserve, we ensure a reliable and secure trading environment,” says Gracy Chen, CEO at Bitget.
July saw a lot of volatility, causing the Protection Fund’s valuation to fluctuate greatly. It reached a high of $443,574,608 on the 29th and a low of $363,222,440 on the 8th. These changes are closely tied to fluctuations in the price of BTC, which hit a high of $68,242 and a low of $55,880 on the same dates.
Changes in valuation closely followed the price movements of BTC, as the BTC balance remained steady at 6,500 BTC. The daily fluctuations in valuation underscored the volatility of the market, with the biggest increase occurring between July 20 and July 21, when the valuation rose by $3,357,354. The largest decrease was seen between July 1 and July 2, with a drop of $4,552,172.
Bitget’s updated Protection Fund demonstrates our commitment to securing a safe trading environment. With a substantial reserve and diversified assets, we strive to protect users’ assets from potential risks and market fluctuations. Our ongoing efforts prioritize user safety and trust, reinforcing our dedication to providing a secure and reliable platform for crypto trading.
About Bitget
Bitget, established in 2018, is a leading cryptocurrency exchange and Web3 company. With over 25 million users in 100+ countries and regions, Bitget is dedicated to helping users trade smarter with its innovative copy trading feature and other trading solutions. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet offering a wide range of comprehensive Web3 solutions and features, including wallet functionality, swap, NFT Marketplace, DApp browser, and more. Bitget collaborates with credible partners, including legendary Argentinian footballer Lionel Messi and Turkish national athletes Buse Tosun Çavuşoğlu, Samet Gümüş, and İlkin Aydın, to inspire individuals to embrace crypto.
For more information, visit our website at www.bitget.com or follow us on social media: Twitter, Telegram, LinkedIn, and Discord. You can also access our Bitget Wallet at web3.bitget.com/en
Find the photos related to this announcement at the following link:
https://www.globenewswire.com/NewsRoom/AttachmentNg/3bfa50fc-e750-46a9-a73d-d0cbeb676332
Link do załącznika: https://www.globenewswire.com/NewsRoom/AttachmentNg/291bd18f-157f-402a-81df-275fdf27e550
Informacja pochodzi z serwisu: pap-mediaroom.pl
