About Bitget Token
Bitget Token (BGB) is the native utility token of the Bitget ecosystem, used across the Bitget centralized exchange and Bitget Wallet. Bitget created it and launched it on July 26, 2021. BGB is an ERC-20 token on the Ethereum blockchain and does not operate on its own independent network or consensus mechanism. Holders use BGB for trading fee discounts, access to Launchpad and Launchpool offerings, voting on token listings, and other privileges within Bitget services. It functions as a platform utility token for Bitget-related trading and wallet activity, not as a general-purpose payment currency. The initial supply was capped at two billion BGB. A burn event documented in a 2024 whitepaper update reduced this to 1.2 billion, and a continuing burn program brought the circulating supply down to around 910.9 million as of 2026.
Suspected Axis Robotics insiders sold 42M AXIS tokens, ZachXBT says, as price falls 40%
The incident highlights the vulnerabilities in token lock-up agreements and raises concerns about insider trading and market manipulation risks.
Bitget Wallet targets cross-border payments with new virtual accounts
Bitget Wallet's Virtual Account could revolutionize cross-border transactions, offering a cost-effective, self-custodial alternative to traditional banking.
Qubic halts mainnet after wallet drain empties 1,404 accounts
The incident highlights vulnerabilities in third-party wallet software, impacting user trust and necessitating stronger security measures in decentralized networks.
Bitget to end services for select users in one-off move
Bitget's service cut for select users highlights the growing regulatory pressures and security challenges facing crypto exchanges globally.
THORChain fees rebound but remain far below September surge
THORChain's reliance on exploit-driven surges highlights the need for sustainable growth strategies to maintain liquidity and fee stability.
Tether froze 1.45 million USDT in THORChain vaults, then reversed course three hours later
The incident highlights the vulnerability of DeFi protocols to centralized issuer actions, emphasizing the need for diversified asset management.
A sourced map of Bitget Token's relationships is on the way.
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The Crypto Briefing podcast is on the way.
Conversations on Bitget Token and the wider market, hosted by our team, will appear here once episodes are live.