Trove

Bitget responds to campus ambassador controversy: has always upheld its bottom line and will launch the "Green Campus Program."

ChainCatcher news, Bitget's Chinese head, Xie Jiayin, released a clarification and explanation regarding the campus ambassador program on social media, stating, "In response to today's Rhythm BlockBeats initiative urging major trading platforms to stop promoting contract experience funds to college students, Bitget makes the following statement:Regarding the campus ambassador program: Bitget's campus ambassador program aims to promote blockchain knowledge and provide internship opportunities, and does not encourage contract trading or distribute contract experience funds. The program was launched on February 18, and due to user misunderstandings related to contract rebates, Bitget quickly took it offline globally on February 19, with all applications not being approved during this period.Upholding principles, refusing inducement: Bitget has never distributed contract experience funds to students in any form, which is Bitget's bottom line. We welcome social supervision; if such behavior is discovered, please take a screenshot and report it. Bitget will handle it seriously and offer a reward of up to 1000 USDT to valid reporters.University cooperation limited to popular science and employment: Bitget's cooperation with universities focuses on Web3 popular science, internships, and employment guidance, such as the 2025 campus recruitment (28 people already hired), Zhejiang University hackathon, and Hong Kong University of Science and Technology Web3 sharing session, etc.Bitget always supports industry self-discipline and actively responds to the Rhythm BlockBeats initiative. Based on this, Bitget will launch the "Green Campus Program" to help college students understand Web3 and explore the future in a healthier way. We welcome everyone to supervise and provide suggestions."

The audit of the U.S. gold reserves has sparked controversy, with the crypto community supporting BTC as a means of value storage

ChainCatcher news, according to Cointelegraph, U.S. Senator Rand Paul called yesterday for an audit of the Fort Knox gold reserves led by Elon Musk's Department of Government Efficiency (DOGE) to verify whether it actually holds 147.3 million ounces (4,600 tons) of gold from the U.S. Treasury, sparking a debate about the transparency of Bitcoin compared to traditional assets and financial trust.The Fort Knox gold has not been audited for 50 years since 1974, primarily because the U.S. government has refused external audits on the grounds of national security, while its gold reserves are seen as a symbol of national credit, and public audits could trigger market volatility and a crisis of trust. Bitcoin supporters, including Senator Cynthia Lummis, stated: "Bitcoin solves this problem. Bitcoin reserves can be audited at any time through basic computers, year-round." Unlike physical gold, which requires external audits, Bitcoin allows anyone to verify ownership, supply, and transactions through the blockchain.Riot's research director Pierre Rochard said: "Gold requires trust in the auditor, while Bitcoin allows anyone to be an auditor." Bitcoin cannot be forged, whereas gold can. Although the U.S. has the largest gold reserves in the world, incidents of fake gold bars have occurred in recent years. In 2019, the CEO of Swiss refinery Valcambi admitted that counterfeiting technology has become increasingly sophisticated, suggesting that thousands of fake gold bars may go undetected. In contrast, Bitcoin cannot be forged, with a fixed total supply of 21 million coins, and its smallest unit, "satoshi," can be tracked on-chain. Bitcoin advocate Max Kaiser wrote in 2018: "Bitcoin is the most perfect hard currency humanity has ever known. Holding Bitcoin is a declaration of liberation from tyranny and government intervention, achieving individual sovereignty."
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