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].