Core Points - Bitget, the world's largest universal exchange (UEX), is collaborating with the Google Developer Community (GDG) to host the "AI Accelerate Hack" hackathon as part of its Blockchain4Youth corporate social responsibility initiative [2][5] - The hackathon will take place on October 29, 2025, at KU Leuven in Belgium, aiming to encourage young talent to utilize innovative tools in the tech industry [2][3] - The event will gather around 200 participants from diverse backgrounds to develop technology-driven solutions for real-world business challenges [2][3] Event Details - The hackathon will last for 10 hours, featuring a brief opening ceremony where Bitget will introduce its Blockchain4Youth initiative and a recent graduate program aimed at recruiting top talent from universities [4] - The graduate program offers opportunities for graduates to engage in Web3 workflows, providing a clear career development path, mentorship, competitive compensation, and opportunities to showcase their skills [4] - The event will conclude with teams presenting their final projects, with awards for the winning teams [4] Previous Collaborations and Future Plans - This is the second collaboration between Bitget and GDG, following a successful hackathon at Constructor University in May [5] - Bitget's Blockchain4Youth initiative includes various global programs aimed at spreading knowledge and education in the blockchain field, with recent events such as a Web3 career sharing session at HKUST and a cryptocurrency experience month that reached over 15,000 participants [5] - Upcoming events under this initiative include the WAIB summit AI x Web3 hackathon from November 14 to 16 at KU Leuven, which will explore breakthroughs in AI and Web3 [6] Company Background - Bitget, established in 2018, serves over 120 million users across more than 150 countries, focusing on innovative trading solutions and real-time cryptocurrency price information [7] - The company is a strategic partner in promoting cryptocurrency, including collaborations with La Liga in East Asia, Southeast Asia, and Latin America, and plans to provide blockchain education support to 1.1 million people by 2027 in partnership with UNICEF [7]

Core Insights - Bitget, a leading cryptocurrency exchange and Web3 company, has released its August 2025 Proof of Reserves (PoR) report, demonstrating its commitment to transparency and user protection [2][4] - The overall reserve ratio for major assets at Bitget stands at 188%, significantly above industry standards [2][4] Summary by Category Reserve Data - As of August 22, 2025, Bitget holds 28,022.72 BTC with a user asset scale of 7,681.36 BTC, resulting in a reserve ratio of 365% [3] - The USDT reserves amount to 1,953,837,757.51 tokens, with user assets at 1,933,428,717.47 tokens, leading to a reserve ratio of 101% [3] - For ETH, Bitget's reserves are 283,323.26 tokens against user holdings of 141,470.62 tokens, achieving a reserve ratio of 200% [3] - The USDC reserves total 172,087,642.62 tokens, which is double the user asset scale of 86,012,252.81 tokens, also resulting in a 200% reserve ratio [3] - Notably, USDC reserves have seen a 46% quarter-over-quarter growth, indicating enhanced asset strength and growing user confidence [3] Transparency and Security - Bitget maintains over 100% reserve for all major asset categories, reinforcing its position as one of the most transparent and secure platforms in the industry [4] - The exchange regularly publishes PoR reports verified by the Merkle Tree method, allowing users to independently verify their account balances and ensuring their funds are adequately protected [4] Company Overview - Founded in 2018, Bitget serves over 120 million users across more than 150 countries, offering innovative trading solutions and real-time cryptocurrency price information [5] - Bitget Wallet supports over 130 blockchains and millions of tokens, facilitating multi-chain trading, staking, and payments [5] Strategic Partnerships - Bitget is the official cryptocurrency partner of LaLiga in East Asia, Southeast Asia, and Latin America, enhancing its global outreach [6] - The company collaborates with UNICEF to provide blockchain education support to 1.1 million people by 2027 [6] - Bitget is also the exclusive cryptocurrency exchange partner for MotoGP™, one of the most exciting motorcycle racing championships [6]

Core Viewpoint - Bitget has launched its second annual "Anti-Scam Month" to enhance public awareness of cryptocurrency security, emphasizing that safety is a shared responsibility between the platform and its users [2][3]. Group 1: Anti-Scam Month Initiative - The initiative aims to transform fear into empowerment and confidence under the theme "Smarter Eyes, Stronger Shields," incorporating gamified education, community storytelling, and interactive content [3]. - Bitget has established an Anti-Scam Center, featuring various interactive resources, a social media campaign, a series of safety blogs, and a mini-game called "Wise Eye Challenge" [3][4]. - The initiative is supported by a growing network of security experts and top security companies, including GoPlus, SlowMist, OneKey, BlockSec, and Security Alliance, to promote safety awareness [3][4]. Group 2: Collaboration and Community Engagement - The campaign has received strategic support from other notable Web3 participants like Bitget Wallet, Morph, and Tapswap, reflecting a broader commitment to a safer Web3 ecosystem [4]. - Bitget's CEO, Gracy Chen, stated that building a secure Web3 future is a collective mission, emphasizing that protecting users is not just a technical responsibility but a shared goal [4][5]. - In addition to user-focused activities, Bitget will collaborate with Slowmist and Elliptic to release the "2025 Anti-Scam Report," analyzing evolving scam tactics and showcasing how Bitget enhances its internal systems to mitigate security threats [4][5]. Group 3: Industry Context and Future Outlook - The cryptocurrency sector has seen a significant rise in scams, with losses exceeding $9.9 billion in 2024 and a 24% annual growth rate since 2020 [2][5]. - As the industry grows, the need for enhanced security measures and awareness becomes increasingly critical, with predictions that deepfake technology could account for about 70% of cryptocurrency crimes in the next two years [5]. - Bitget is committed to promoting safety awareness and education in collaboration with the global community and renowned security institutions [5].