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rewards

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Article
Flash

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.

Pump.fun adjusts the Callout reward mechanism: high-frequency releases lead to diminishing marginal returns, with rewards placing greater emphasis on content quality

Alon, co-founder of Pump.fun, stated that two months after the launch of the platform's $15 million Callout reward program, it was found that the initial mechanism inadvertently incentivized undesirable behavior, leading to a flood of low-quality content and weakening users' willingness to continuously create high-quality content.Pump.fun subsequently adjusted the reward algorithm to place greater emphasis on content quality rather than the quantity of posts. According to the new mechanism, the more Callouts a user posts each day, the lower the marginal returns from the new content. Alon mentioned that the reward mechanism is still undergoing iterations, but there is still a lot of work to be done to ensure that a large number of users can sustainably produce high-quality content over the long term.He also stated that the rewards currently cover both top accounts and accounts with fewer than 10 followers, with no favoritism or preferential treatment. Alon suggested that users focus on recommending quality tokens, building trader trust through content, and earning rewards based on the trading volume generated by their Callouts. He emphasized that simply flooding the platform with Callouts or dumping tokens to followers will not yield sustainable returns.

first_img Binance announced the launch of the Binance Points rewards program

Binance announces the launch of a long-term rewards program, Binance Points. Starting from September 15, 2026, 00:00 (UTC), eligible users can earn points through daily trading and related tasks. Users can view tasks in the personal center of the Binance App or Rewards Hub; this feature will be rolled out in phases, and there may be a brief delay in displaying it in the account. Users can also directly access it through the Rewards Hub.After completing tasks, users need to go to the Rewards Hub to claim their points. Current tasks cover spot trading, contracts, instant exchanges, P2P / fiat deposits, bStocks, and Square postings, with tasks related to payments, dual-currency investments, and the academy being rolled out gradually. Users who complete 5 or more eligible daily tasks within a week can additionally unlock a 5-day weekly reward. Points must be claimed within 14 days after issuance; otherwise, they will expire. Tasks reset daily, weekly, or monthly based on their type.Points can be redeemed in the Rewards Hub for trading fee rebates, contract experience positions, wealth management experience funds, VIP upgrades, and merchandise, with more regional rewards to be provided gradually. The thresholds, tiers, and redeemable rewards vary by region, and some tasks are only available to specific regions and eligible users. Binance states that Binance Points have no intrinsic monetary value, do not constitute financial instruments or tradable assets, cannot be transferred between users, and are subject to regional restrictions; using bots or automated tools to complete tasks may result in account suspension.
2026-09-15

first_img Core DAO Emergency Hard Fork Due to Validators Over-Claiming Rewards Plan

Core DAO is coordinating an emergency hard fork due to some validators receiving CORE rewards that exceeded the protocol's expected issuance. Core stated in an update that the situation has been brought under control, and "malicious validators" can no longer claim excess rewards. This fork is a forward upgrade and will not roll back the network or revoke any confirmed transactions.Previously, Core indicated in a status update on Monday that the rewards accumulated by a small number of validators were significantly higher than the protocol's expected issuance. The incident was limited to the reward distribution phase, user assets remain secure, and they promised to release a technical review report. Following the incident, several exchanges restricted CORE transfers: Coinbase suspended deposits and withdrawals on the Core network, Bithumb and Coinone suspended deposits and withdrawals, Bitget suspended deposits and withdrawals citing wallet maintenance, and LBank suspended deposits at the request of the project party.Core has not disclosed the amount of excess issued CORE, the duration of the activity, or whether additional tokens have entered circulation, nor have they provided details on the vulnerability that allowed validators to receive rewards. Cointelegraph reached out to Core for further information but had not received a response by the time of publication.
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