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Xie Jiayin: The peer-to-peer program has covered over 2.2 million people, with rewards totaling 3.49 million USD

Bitget held an offline event today to celebrate its eighth anniversary. The head of the Greater China region, Xie Jiayin, reflected on the platform's eight-year development journey, stating that Bitget has gradually expanded from a single cryptocurrency trading platform to a panoramic exchange (UEX) covering diverse scenarios such as stocks, commodities, and AI trading. As of the second quarter, the trading volume of non-cryptocurrency assets accounted for 40%, with approximately 1 in every 4 new users starting their Bitget journey through rToken.Looking towards the next phase, Xie Jiayin stated that Bitget will continue to advance the UEX strategy, expand more diverse assets and trading scenarios, and improve institutional-grade custody and over-the-counter settlement infrastructure to meet the differentiated needs of various types of institutions through diversified custody and settlement models. Institutional services will also continue to be an important strategic direction for Bitget in the next phase.At the event, Bitget simultaneously disclosed the progress of the third batch of rewards for the "Peer Program": a total of $3,495,658 in rewards has been distributed, benefiting 2,277,318 participants. Xie Jiayin expressed that the platform hopes to implement "user first" into concrete actions through product development, service upgrades, and user feedback.

DeAgentAI launches $AIA principal-protected staking financial plan: full refund of USDC at maturity, plus an additional reward of up to 50% AIA

According to official news, the DeAgentAI token $AIA has been launched on the South Korean exchange Bithumb's Korean Won market, opening the AIA/KRW trading pair. Its principal-protected staking financial plan has also officially opened. Users can participate with USDC, and upon maturity, the platform will return the equivalent amount of USDC in full according to the product terms, while additionally earning rewards of up to 50% of the actual staked AIA amount.The plan features three staking pools: Ultra, Boost, and Fast, with total AIA rewards over a 12-month period being 50%, 40%, and 35% of the actual amount bought and staked, respectively. The first rewards from the three pools will be distributed uniformly after the fundraising period ends in the 3rd, 2nd, and 1st months, respectively, and will then be automatically distributed monthly. The amount of USDC returned at maturity does not fluctuate with the AIA coin price, and the originally bought and staked AIA will not be returned.The initial open quota is 500,000 USDC, with a minimum participation amount of 350 USDC per transaction, and it will close once full. Users can buy AIA using USDC on the BNB Chain through the official page and complete the staking in the same transaction. For participation methods and complete rules, please refer to the official staking page.

first_img Reports say Samsung phones will reduce production by up to 30% in the fourth quarter of 2026

IT Home cited a report from Money Today on October 8, stating that Samsung Electronics' Mobile Experience (MX) division plans to cut smartphone production, with a maximum reduction of 30% in the fourth quarter of 2026. Several IT industry insiders have indicated that Samsung's MX division has notified multiple partners to reduce product supply by 20% to 30%. IT Home noted that the original text did not specify whether this 30% is compared to the previous quarter, year-on-year, or against earlier expected production.In terms of production, Samsung Electronics originally planned to rely on new products like the Galaxy Z Fold8 to produce up to 270 million smartphones for the year. After the significant reduction in the fourth quarter, the final annual production is expected to drop to just over 200 million units, exceeding market expectations. IDC data shows that smartphone shipments in the first and second quarters of this year were 62.4 million and 62.7 million units, respectively, with previous forecasts predicting shipments of 59 million and 52 million units for the third and fourth quarters, indicating a decline of about 12% in the fourth quarter compared to the third quarter.Money Today reported that the rise in memory prices is the core driving factor behind the production cuts. TrendForce data shows that the price of 12GB low-power DRAM (LPDDR5X) for smartphones was $145 to $146 in the second quarter of this year, an increase of 175% compared to the same period last year. The report also stated that demand for artificial intelligence has driven up memory prices, with smartphone DRAM prices expected to rise by about 20% in the third quarter, reaching as high as $180. IT industry insiders stated that Samsung's current smartphone sales are no longer profitable, and the production cuts are a strategy to maintain overall profitability.
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