Thursday, 9 January 2025

BITGET EXPANDS BGB ECOSYSTEM WITH MORPH CHAIN INTEGRATION AND $1.1M LIQUIDITY POOL ON BULBASWAP

VICTORIA, Seychelles, Jan 9 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the cross-chain integration of its native token, Bitget Token (BGB), onto the Morph Chain. This strategic move marks another milestone in expanding BGB's on-chain ecosystem and its commitment to empowering users with expanded accessibility and utility.

With the integration, BGB is now available on the Morph Bridge, facilitating seamless token transfers across multiple blockchains. Bitget has also launched a liquidity pool for BGB on Bulbaswap, the central trading and liquidity marketplace on Morph, with the Total Value Locked (TVL) exceeding $1.1 million within days of its launch. Users can now participate in the liquidity pool to earn rewards while supporting BGB's ecosystem growth.

To incentivize on-chain activities related to BGB, participants of The Great Token Migration (Morph Zoo Season 2) can include BGB in their bridging activities to earn Morph Points. Eligible actions include bridging BGB from Ethereum to Morph, bridging it back from Morph to Ethereum, and holding BGB on Morph to accumulate Season 2 points. Bitget Wallet users benefit from a 1.2x multiplier on bridge scores during the event.

Gracy Chen, CEO of Bitget, commented on the integration: "Our commitment to BGB's long-term growth and utility remains resolute. By bridging BGB to the Morph Chain and introducing new liquidity pools, we are expanding its reach and providing users with more opportunities. This integration aligns with our vision to make BGB a cornerstone of both decentralized and real-world applications, empowering the BGB community to participate in the evolving Web3 ecosystem fully."

The Morph Chain integration is aligned with Bitget's broader strategy to enhance BGB's utility in both on-chain and off-chain scenarios. Recently, Bitget unveiled a new BGB whitepaper, outlining its ambitious plans for the token's future. Key initiatives include a buyback and burn program to establish a deflationary model to support long-term value. The first phase of this initiative has seen 800 million BGB burned, representing 40% of the total supply.

The whitepaper also outlines plans to position BGB as a core asset for staking, liquidity provision, and on-chain DeFi applications. Additionally, Bitget is actively working on integrating BGB into PayFi use cases, enabling real-world utility that includes payments for dining, travel, and shopping via the Bitget Card.

In 2024, BGB demonstrated remarkable growth, achieving a tenfold increase over the year and solidifying its position as one of the best-performing exchange tokens. According to CoinMarketCap, BGB now ranks #25 with a market capitalization of 74 billion.

Morph is an advanced Layer 2 scaling solution built on Ethereum, designed to enhance transaction speed and reduce costs while maintaining Ethereum’s security and decentralization. Backed by leading investors such as DragonFly Capital, Pantera Capital, and Foresight Ventures, Morph launched its mainnet in late 2024, introducing seamless cross-chain bridging and supporting a growing ecosystem of decentralized applications (dApps).

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, Bitget is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin price, Ethereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM market, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/4f042830-e0ae-43ad-9503-71c971587134

SOURCE: Bitget Limited

--BERNAMA


DISCLAIMER: BERNAMA MREM are not accountable for any causes of website defacement, misuse, or illegal activities connected to cryptocurrency, blockchain, tokenisation, or bitcoin. This material should not be considered as guidance or an opinion, as it does not constitute financial or investment advice. Use this information at your own risk; we are not liable for any losses or damages caused by the republication of this article.

Wednesday, 8 January 2025

BITGET INTRODUCES BANK DEPOSITS WITH ZEN INTEGRATION, ENABLING ACCESS FOR ELEVEN FIAT CURRENCIES

VICTORIA, Seychelles, Jan 8 (Bernama-GLOBE NEWSWIRE) -- Bitget, the leading cryptocurrency exchange and Web3 company, is excited to announce the integration of ZEN.com, a renowned banking solution, into its fiat deposit and withdrawal channel. With this integration, Bitget users can now seamlessly deposit and withdraw funds using 11 supported fiat currencies, including PLN, CZK, DKK, AUD, CAD, NOK, SEK, CHF and HUF.

This collaboration shows Bitget’s focus on enhancing accessibility and improving the user experience, particularly in underserved European markets and major regions such as Oceania.

“Our partnership with ZEN.com aligns with our plans of making crypto trading more accessible to users worldwide. By supporting more fiat currencies than our competitors and offering instant fiat on-ramp options, we’re empowering users with convenient and innovative trading solutions," said Gracy Chen, CEO at Bitget.

Bitget’s ZEN integration offers a multitude of benefits. Users can deposit and withdraw funds in 11 fiat currencies, more than what other CEXs currently provide. With instant fiat on-ramp, users gain access to instant cash conversion to crypto via Bitget. There are no hidden charges, and zero deposit fees help users benefit from fee rebates during the promotional period.

To celebrate this partnership, Bitget and ZEN are launching an exclusive campaign, rewarding users with a 3-month ZEN PRO trial, zero deposit fees, and up to 25% rebates on fiat-to-crypto conversions.

The event runs from January 7th, 2025, 18:00 (UTC+8) to February 4th, 2025, 18:00 (UTC+8). Participants can register here by creating a ZEN account for a free 3-month PRO trial, making a fee-free deposit in supported fiat currencies, and converting fiat to crypto to earn up to 25% rebates.

For detailed instructions on how to deposit via ZEN, visit here.

About Bitget

Established in 2018, Bitget is the world's leading cryptocurrency exchange and Web3 company. Serving over 45 million users in 150+ countries and regions, the Bitget exchange is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to Bitcoin priceEthereum price, and other cryptocurrency prices. Formerly known as BitKeep, Bitget Wallet is a world-class multi-chain crypto wallet that offers an array of comprehensive Web3 solutions and features including wallet functionality, token swap, NFT Marketplace, DApp browser, and more.

Bitget is at the forefront of driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets, as well as a global partner of Turkish National athletes Buse Tosun Çavuşoğlu (Wrestling world champion), Samet Gümüş (Boxing gold medalist) and İlkin Aydın (Volleyball national team), to inspire the global community to embrace the future of cryptocurrency.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: media@bitget.com

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c5896ba2-052c-4cfa-8f39-e222f41ad1be

SOURCE : Bitget Limited

CARTERRA SHIPS ULTRA BIOSENSOR PLATFORM, WRAPS UP 2024 WITH DOUBLE-DIGIT GROWTH

KUALA LUMPUR, Jan 8 (Bernama) -- Carterra Inc, the world leader in enabling high-throughput biology, announced it has delivered its first Carterra Ultra biosensor platform and closed 2024 with double-digit growth and record revenues.

Announced in September 2024, the Ultra instrument provides a full complement of small and large molecule applications while reprising gold-standard surface plasmon resonance (SPR) detection, high-throughput, and the minimal sample requirements of Carterra’s systems.

Its Chief Commercial Officer, Tim Germann acknowledged the challenges in capital equipment spending over recent years.

“Even so, drug and vaccine discovery groups are focused more than ever on going faster and spending less money to bring life-saving therapies to market, that is exactly what Carterra platforms enable,” he said in a statement.

The Ultra is capable of characterising molecules as small as 100 Daltons, with early customers utilising it to study molecular glues, PROTACS, DNA-encoded libraries (DELs), kinases, membrane proteins, and ligandability.

The platform also boasts faster analysis speeds, flexible referencing, and new screening software for fragment and small molecule applications.

For the first time, investigators can conduct fragment-based lead discovery, small-molecule analysis, and large molecule protein-protein interactions, including on- and off-target measurements at industrial scale.

Leading biopharma scientists will be showcasing groundbreaking new data generated with the Carterra Ultra platform this month with presentations at SLAS2025 International Conference & Exhibition, and Drug Discovery Chemistry 2025, both to be held in San Diego, California.

These presentations will highlight the platform's impact on advancing fragment and small molecule drug discovery while also demonstrating how Ultra enables innovative workflows and accelerates discovery timelines.

-- BERNAMA

Saturday, 4 January 2025

IHERB DEBUTS DIGITAL WELLNESS HUB TO EMPOWER PERSONAL HEALTH GOALS

Complimentary online resource offers over 1,200 informative articles, recipes, videos and podcasts from numerous wellness experts and translated in 14 languages

IRVINE, Calif., Jan 3 (Bernama-GLOBE NEWSWIRE) -- iHerb, one of the world's leading online retailers for vitamins, minerals, supplements and other health and wellness products, today announced the launch of its iHerb Wellness Hub, an online multimedia destination for wellness, fitness, nutrition, beauty and more. This innovative global platform features a wide array of health articles, recipes, videos, and podcasts, providing valuable insights on the role vitamins, minerals, and supplements, herbs and natural remedies play in promoting a healthy lifestyle.

Available in 14 languages, the iHerb Wellness Hub empowers its global community to make informed decisions about health and wellness products through comprehensive, accessible resources. The platform offers a diverse range of content, including over 1,200 articles written by experts, including doctors, naturopathic doctors, physicians, registered dietitians, and other leaders in the healthcare industry.

“With the abundance of misinformation available online, finding trustworthy sources for health-related content has never been more important,” said Neil Folgate, SVP of Global Marketing at iHerb. “The iHerb Wellness Hub is designed to help address this issue by curating objective, research-based content that covers a variety of topics related to diet and nutrition, longevity, energy, metabolism, and overall health. We're proud to help consumers confidently make informed choices about their health and will continue these efforts in the spirit of advancing wellness globally.”

The expert-driven content ensures that individuals have unlimited access to reliable information when making decisions about their well-being, empowering them to take the next step in their health journey. This is particularly impactful at a time when, according to NIH*, nearly 60 percent of adults struggle to distinguish reliable sources of health information online. Staying true to its decades-long mission of making health and wellness accessible to all, the iHerb Wellness Hub is completely free and doesn’t require visitors to create an online profile to gain access.

Whether consumers are wanting to learn about the potential benefits of specific vitamins, the importance of essential minerals, or the most effective supplements for their needs, the iHerb Wellness Hub serves as a trusted resource for all their health-related queries.

The iHerb Wellness Hub will replace the popular iHerb Blog, which attracted nearly 20 million visitors in 2024. The new Wellness Hub organizes iHerb’s extensive blog content, enabling consumers to easily navigate the vast library that is now categorized by Wellness, Fitness, Nutrition and Beauty. The iHerb Wellness Hub offers tips on managing sleep, gut health, menopause, bone health, hair loss, and so much more. Some of the articles also include natural ways to increase testosterone, how to support healthy aging, and the benefits of snail mucin for daily skincare.

Anyone who is ready to take charge of their health can join the growing community of wellness enthusiasts who are utilizing the iHerb Wellness Hub to guide and enhance their personal health journey.

The following insightful articles: “How to Start a Healthy Lifestyle” and “How to Detox your Body in 8 Simple Steps” offer practical guidance for a fresh start to the new year.

The Wellness Hub does not intend to provide diagnosis, treatment, or medical advice.

https://newsinhealth.nih.gov/2020/08/finding-reliable-health-information-online

About iHerb:
iHerb is one of the world's leading online retailers dedicated to offering an unbeatable selection of vitamins, minerals, supplements and other health and wellness products, including sports nutrition, beauty, bath and personal care, grocery, baby and pet care from over 1,800 reputable brands. Supported by a global workforce of 3,000 team members, iHerb serves over 12 million global customers across 180 countries and 22 languages. iHerb's sophisticated global logistics network is anchored by seven climate-controlled fulfillment centers located in the U.S. and Asia, providing customers a seamless and reliable shopping experience. Founded in 1996 and based in Irvine, California, iHerb is on a mission to make health and wellness accessible to all. For more information, please visit corporate.iherb.com.

iHerb Media Relations:
press@iherb.com

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/3f0d1fca-e9f3-4169-9306-072eef590ef7 

SOURCE: iHerb Holdings, Inc.

--BERNAMA