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The Seychelles-based cryptocurrency exchange Bitget announced Feb. 25 that it had integrated with the payment solutions provider Callpay to “offer deposit and withdrawal services in South African rand (ZAR).” It described the integration as a move to enhance accessibility and streamline fiat-to-crypto transactions for South African users. According to a statement, the collaboration enables South Africa-based users to deposit and withdraw rands via ‘a secure and efficient gateway.’ Gracy Chen, CEO of Bitget, characterized the latest collaboration as a demonstration of how far the exchange is willing to go to make crypto accessible. “Our partnership with Callpay underscores our commitment to making crypto trading more accessible and user-friendly. By integrating ZAR deposits and withdrawals, we are empowering South African users with a reliable and convenient way to participate in the global crypto economy,” Chen said. As previously reported by Bitcoin.com News, Bitget had a phenomenal 2024 in Africa, where the number of users increased by 1,600%, with Nigeria emerging as one of its top three markets for crypto usage. The report attributed Bitget’s success on the African continent to the role played by key opinion leaders (KOLs) in spreading educational awareness about its ecosystem. The rapid growth of the TON ecosystem was another factor that fueled user growth in Africa. Meanwhile, the Bitget statement revealed that the exchange is running a promotion to mark the integration announcement. As part of this campaign, South African users who convert ZAR to crypto between Feb. 24 and March 10 are eligible to receive BGB rebates of up to 25%. To participate in the promotion, South Africa-based Bitget users must complete identity verification, make a ZAR deposit via Callpay, and convert it to crypto. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Matt Cole, CEO of Strive Asset Management, recommended in a Feb. 24, 2025 letter that Gamestop (NYSE: GME) allocate a portion of its nearly $5 billion cash reserves to bitcoin, framing it as a strategic hedge against inflation and a potential boost to shareholder value. The proposal, confirmed by Gamestop Chairman Ryan Cohen via social media, aligns with broader corporate trends but stops short of advocating a full conversion of cash holdings. Replying to a Coindesk X post, Cohen acknowledged that he received the letter. Cole, a longtime bitcoin advocate and former portfolio manager, leads Strive—a $1.6 billion asset firm co-founded by Vivek Ramaswamy. His letter highlights Gamestop’s strong liquidity position, bolstered by recent financial stabilization efforts, as an opportunity to diversify reserves. Strive holds Gamestop shares through its exchange-traded funds (ETFs), tying its interests to the company’s performance. The suggestion mirrors moves by firms like Microstrategy, now rebranded as Strategy, which holds over 499,096 bitcoin (BTC) in its treasury. Cole proposed that Gamestop focus exclusively on bitcoin—not other cryptocurrencies—and explore financial tools like convertible debt to fund purchases, rather than depleting cash reserves entirely. Cohen’s brief acknowledgment of the proposal on X has fueled speculation, with analysts divided on whether adoption would elevate Gamestop beyond its “meme stock” reputation and introduce a new financial paradigm. The company has not disclosed any such timeline for this decision. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Market maker Chainflip has announced it will proceed with a plan to enable interfaces to block illicit flows within the Chainflip protocol. Specifically, the market maker said a new upgrade would block funds from the Bybit hack. Chainflip, which describes itself as one of the largest decentralized cross-chain services, said it took this step because there is broad consensus that such funds expose liquidity providers (LPs) to excessive risk. A statement shared via X on Feb. 25 said Chainflip had moved quickly to cut off access to its main interface after flows from the Bybit hack were detected Feb. 22. This was a few hours after alleged North Korea-backed hackers stole digital assets worth nearly $1.5 billion. Chainflip added that its network participants have no interest in supporting criminal activity. Explaining how the upgrade to existing broker-level screening tools is expected to help thwart the Bybit hackers and other bad actors, Chainflip said: Currently, brokers (a state chain role used by interfaces to interact with the network) can reject incoming BTC deposits if they detect a high-risk transaction using any screening tool of their choice (or a combination thereof). Rejected deposits are sent back directly to the refund address specified by the user. This feature is now being extended to Ethereum and all ERC20 tokens. Shortly after conducting what has been described as the “largest financial heist” in history, the Bybit hackers began converting and swapping the stolen digital assets into bitcoin (BTC). Some reports suggested hackers had succeeded in cashing out digital assets worth millions of dollars. To stop the hackers, some in the crypto industry called on platforms like Chainflip to freeze the illicit funds. At the time, Chainflip argued its decentralized protocol could not completely block the funds. However, in one of its posts on X since the hack, Chainflip suggested the upgrade, expected to go live within 72 hours, would provide robust and permanent protection for LPs on the network. It claimed the upgrade would make its platform unattractive to criminals looking to launder stolen funds. Meanwhile, Chainflip suggested to its users that the steps it has taken are based on commercial reasons and not due to regulatory pressure. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

Story ecosystem app Aria acquiring partial rights to BTS song 'The Truth Untold' Intellectual property blockchain Story $IP announced via X that its ecosystem app, Aria, is acquiring partial rights to South Korean music group BTS' single "The Truth Untold." Notably, the acquired rights can be tokenized.

Quai Network mainnet is now fully operational, employing the innovative Proof-of-Entropy-Minima (PoEM) consensus mechanism, combined with execution sharding and merge-mining. Currently, the network boasts over 150,000 GPU miners, 3.3 million transactions, and hundreds of consensus nodes worldwide. Additionally, Quai Network launched its native token, $QUAI, via a TGE in February 2025, with its FDV exceeding $1 billion.