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Victoria, Seychelles, April 17th, 2024, Chainwire 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 region s 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 region al hub in the UAE and hire 60 employees as part of its global scaling strategy. In the last six month s, 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 proje...

Brian Armstrong’s U.S. crypto exchange emailed some users about a court summons received from the CFTC regarding rival platform Bybit. Coinbase, America’s largest crypto exchange, sent emails to select customers concerning a subpoena the company received from the Commodity Futures Trading Commission (CFTC) in the regulator’s investigation into Bybit, a Dubai-headquartered digit asset trading venue.  The notice posted by Coinbase customers on social media explained that the exchange may submit information on certain accounts and their transaction histories by U.S. laws.   No action is required from you, but Coinbase may respond to the Subpoena unless served before November 30, 2023 with a motion to quash or other objection to the subpoena that has been filed with the Court – including by sending information concerning your Coinbase account to the Commodity Futures Trading Commission. Coinbase email on CFTC-Bybit subpeona CFTC Subpoena to Coinbase In The Matter O...

The scammers will use wallet addresses generated from vanity address generators and match the first and last characters of their victim’s wallet address. A new crypto wallet address scam that tries to take advantage of user carelessness has been on the rise, according to the MetaMask team.  In an announcement, digital Wallet provider MetaMask warned users of what is called an “ address poisoning scam,” where attackers “poison” transaction histories by sending users tokens that are worth $0 to their wallets. The scammers will use Wallet address es generated from vanity address generators and match the first and last characters of their victim’s Wallet address . This is done in hopes of getting unsuspecting users to send their funds to the wrong copycat address . A new scam called 'Address Poisoning' is on the rise. Here's how it works: after you send a normal transaction, the scammer sends a $0 token txn, 'poisoning' the txn history. (1/3) — MetaMask Support (...