Investment
Features
FeesSafety
Academy
More
Pluang+

Bitget launches $300M Project Archimedes to fund quantitative trading firms and asset managers.

Market News
12 Aug 2026
BeInCrypto
View Source
Bullish
Bitget launches $300M Project Archimedes to fund quantitative trading firms and asset managers.

Bitget, the world's largest Universal Exchange, has introduced Project Archimedes, a $300 million capital program aimed at supporting quantitative trading firms, asset managers, and market makers. The program offers $100 million in capital to emerging firms and $200 million in interest-free loans to established institutions, helping them scale their market-neutral strategies. This initiative addresses the growing need for capital and improved execution in institutional crypto trading, with a focus on sustainable performance and risk control. Bitget plans to support over fifty projects within six months and will provide ongoing updates on the program's progress.

More News

Bitcoin donations to charities in Germany are tax-deductible, with deductions based on holding period and acquisition cost.

Bitcoin donations to charities in Germany are tax-deductible, with deductions based on holding period and acquisition cost.

In Germany, donating bitcoin to a charitable organization is tax-deductible as a donation in kind. The deductible amount depends on whether the bitcoin was held for more than one year: if so, the fair market value on the donation day is deductible; i...

Market News
Neutral
4 hours ago
Key U.S. inflation data and Fed decision in October to impact Bitcoin and crypto markets.

Key U.S. inflation data and Fed decision in October to impact Bitcoin and crypto markets.

October brings crucial U.S. economic data releases including the Consumer Price Index on Oct. 14 and Producer Price Index on Oct. 15, followed by the Federal Reserve's rate decision on Oct. 28. These events will influence monetary policy and economic...

Market News
Neutral
4 hours ago
Aave v3 exploit drains $310K by abusing a third-party Safe module on Ethereum multisigs

Aave v3 exploit drains $310K by abusing a third-party Safe module on Ethereum multisigs

On October 1, 2026, an attacker exploited a vulnerability in a third-party FlashLoopAdapter module linked to Aave v3 to drain about $305K-$310K from two Safe multisig wallets on Ethereum. The attacker forged Safe authentication to bypass access contr...

Market News
Bearish
4 hours ago
Bitcoin's October gains hinge on continued buying amid rising Treasury yields and key economic data.

Bitcoin's October gains hinge on continued buying amid rising Treasury yields and key economic data.

Bitcoin's price outlook for October depends on sustained buying demand as higher inflation-adjusted Treasury yields compete for investors' money. Bitfinex highlights 17 key economic events this month, including the Federal Reserve's rate decision on ...

Market News
Bullish
4 hours ago
XRP Ledger's PermissionDelegationV1_1 amendment set to activate on Oct 8, enabling delegated rights without master key loss.

XRP Ledger's PermissionDelegationV1_1 amendment set to activate on Oct 8, enabling delegated rights without master key loss.

The XRP Ledger is set to activate the PermissionDelegationV1_1 amendment on October 8, 2026, allowing accounts to delegate specific transaction rights to others without giving up their master key. This change, approved by 29 of 35 validators, enhance...

Protocol Fundamentals
Neutral
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App