gracy

In today's community live broadcast, Bitget CEO Gracy responded to recent security incidents and the platform's financial status. She candidly stated that this is the first security incident encountered since Bitget was established 8 years ago. After a complete trace, it was found that hackers exploited vulnerabilities in third-party security products to steal internal network access credentials, forged withdrawal commands to the wallet system, and deceived the wallet into executing abnormal transfers that bypassed risk checks. Gracy emphasized that no private keys were leaked, and cold wallets were unaffected; specific technical details will be disclosed in the formally released security report.Gracy pointed out that the verified losses from this incident are within the coverage of the protection fund, and user funds are not affected. The platform's own funds exceed $1.4 billion, which includes approximately $464 million in the user protection fund. The platform will continue to uphold the security commitments made when the protection fund was established in 2022, planning to replenish the fund to the baseline of $300 million within a week."The protection fund is not just a slogan, but an important mechanism that provides tangible security for users in the event of extreme security incidents," Gracy stated. In the face of sudden security challenges, the platform's comprehensive strength and its ability to take responsibility are important criteria for measuring its risk response capability and long-term credibility. Bitget will continue to uphold its long-term commitment to prioritize user interests.

Bitget's Chinese region head, Xie Jiayin, issued a statement indicating that Bitget will ensure users can withdraw funds in an orderly manner in a sufficiently secure environment. Thank you all for your patience. Please understand that due to the different methods of theft, in order to absolutely eliminate all potential risks, the handling of this case is also different from others.Xie Jiayin also stated that he will have a live broadcast with Bitget CEO Gracy Chen at 3:30 PM on Monday (30 minutes before the withdrawal starts) to discuss this security incident and answer questions raised by the community.

According to the official announcement, Bithumb has announced that GRACY, SPURS, ZTX, WIKEN, and FITFI will be placed on the trading warning list, with a tentative notice for designated postponement/cancellation/termination of trading support to be issued during the third week of July (between July 13 and July 17).

Bitget Academy's public welfare project "Blockchain4Youth" participated in the Hong Kong University of Science and Technology's "AI & Web3 Builders" event. CEO Gracy Chen and Chinese lead Xie Jiayin were invited to attend the public lecture, sharing industry trends and personal growth experiences on-site.During the lecture, Gracy analyzed the structural changes in the new round of industry cycles, focusing on the gradual dominance of institutional funds, the large-scale development of RWA, and the reshaping of decision-making logic by AI. Xie Jiayin, drawing from his own professional experience, shared insights on career choices and growth paths in the crypto industry. He encouraged young people to build a reusable skill set from a long-term perspective, maintaining patience and a continuous learning ability in uncertain market cycles.Previously, Bitget Academy announced that it would invest $10 million in the "Blockchain4Youth" public welfare project over the next five years to support youth learning, practice, and long-term development in the fields of AI and Web3. Bitget Academy hopes to deepen communication and understanding through this public lecture, bringing discussions of technology and trends back to personal growth and long-term value.

Bitget announces the launch of Gracy AI, the first animated digital person in the cryptocurrency industry, aimed at introducing the mindset of real managers and long-term decision-making perspectives into user interactions through one-on-one conversations. Gracy AI is built on the experience and decision-making logic of Bitget CEO Gracy Chen, focusing on topics such as market cycles, industry trends, strategic thinking, and career development, helping users form clearer judgments in a complex market environment.This product is also an important part of Bitget UEX (Universal Exchange) transformation process and further expands the AI strategy, building on the data analysis and decision support capabilities previously covered by GetAgent, to a more humanized interaction layer. To coincide with the official launch of Gracy AI, Bitget will simultaneously introduce diverse themed conversation scenarios for Valentine's Day, Spring Festival, and more, enriching the AI interaction experience and enhancing practicality and immersive scenarios.Bitget CEO Gracy Chen stated, "A crucial part of work is listening to the real needs of users, delving into details, and helping everyone understand the true dynamics of the market. The team has created Gracy AI with this philosophy in mind, hoping to connect more users with me and the team, and learn and grow in the process of receiving support."

Bitget CEO Gracy Chen released five major predictions for cryptocurrency in 2026 on the X platform:Integration of cryptocurrency and traditional finance into a single market: Cryptocurrency exchanges will offer traditional assets (stocks, ETFs, commodities), while banks and fintech companies will adopt cryptocurrency trading and custody services, blurring the lines between cryptocurrency and traditional finance. Around-the-clock global trading will become the standard rather than an innovation.Stablecoins as global infrastructure: Stablecoins will surpass the digital dollar, becoming programmable settlement channels for remittances, salaries, fund management, and cross-border trade, especially in emerging markets where traditional banking services are slow and costly.The end of altcoin season: The long-anticipated altcoin season has never truly arrived; it is structural rather than cyclical. (In other words, it will never come.)Regulation is imperative: As global rules become increasingly clear, the "Wild West" era of offshore exchanges is coming to an end. Platforms that evade regulation will exit the market within three years.Structural rather than speculative growth: The next phase of cryptocurrency will be determined by macro factors and infrastructure: the global scaling of capital flows, market settlements, and payments.

Bitget CEO Gracy Chen accepted an interview with Bloomberg on cryptocurrency, sharing four key market insights: DATs primarily benefit project teams, raising doubts about their value for investors. After the crash on October 11, altcoins are under pressure due to structural issues rather than temporary phenomena, and market pricing power has shifted to Wall Street. December will be a critical macro window, as the end of the government shutdown and interest rate adjustment policies will set the tone for the market. Chen specifically pointed out that if the liquidity environment improves, cryptocurrencies and U.S. stocks may gain upward momentum simultaneously.

ChainCatcher news, Bitget CEO Gracy posted on X, stating that after recent discussions with several leading market makers and VCs, the industry consensus is becoming conservative. She pointed out that the current risk-reward ratio for retail investors in altcoins is extremely poor, and VC funding has significantly withdrawn from the Web3 primary market. Only infrastructure projects with real resources, such as stablecoins, RWA, and payments, still hold value, but most of these projects will not issue tokens. She also believes that the DAT bubble is bursting, and long-tail projects lack genuine buying interest. Recent financing has mostly taken the form of "exchange coins for shares," and investors are generally facing high risks. Gracy further stated that after the 1011 black swan event, market trading volume has decreased by 20%-40%, and many market makers have been severely impacted. The current market is in a phase of repair and consolidation.

ChainCatcher news, CoinDesk released the "50 Women in Web3 and AI" list. The list features female leaders in the blockchain and artificial intelligence fields, with evaluation criteria including technological innovation, business strategy, regulatory compliance, and ethical frameworks. Among those successfully selected are Bitget CEO Gracy Chen, BlackRock CIO Samara Cohen, and Coinbase President and COO Emilie Choi.The selection process was carried out by the CoinDesk editorial team and an external panel of female judges, which includes Rosetta Analytics co-founder Julia Bonafede, Google Global Client Director Olivia Bolec, and Women in Defi founder Sarah Idahosa, among others.

ChainCatcher news, Bitget CEO Gracy Chen was interviewed by CNBC during Bitcoin2025. In the interview, she shared her views on the next round of cryptocurrency catalysts, the level of participation from institutional investors, and Bitget's strategic planning in the Asian market.When discussing the launch of USD1 on Bitget, Gracy stated, "We launched USD1, which is the stablecoin issued by WLF. On one hand, it is due to user demand, and on the other hand, we also see WLF promoting its ecological partnerships, which may lead to deeper cooperation with us in the future."

ChainCatcher news, Bitget appoints Gracy Chen as CEO, effective this May. Former CEO Sandra Lou will leave the company to focus on personal endeavors.Gracy has over 10 years of management, marketing, and investment experience and joined Bitget as Managing Director in 2022. During her tenure, she and the management team led Bitget in advancing its globalization strategy, signing celebrities like Messi, and building an international alliance network, increasing Bitget's user base by four times and propelling its total trading volume and overall strength into the global top five.Gracy actively promotes the integration of blockchain with public welfare, leading Bitget to launch the #Blockchain4Youth initiative aimed at encouraging young talents to embrace blockchain technology, as well as the #Blockchain4Her public welfare initiative supporting female entrepreneurs and professionals. Gracy is also a columnist for well-known media outlets such as Forbes and Cointelegraph. Additionally, she was invited to join the first crypto reality TV show Killer Whales, produced by a Hollywood team, as a judge to find promising Web3 startups. Gracy holds a bachelor's degree from the National University of Singapore (NUS) and an MBA from the Massachusetts Institute of Technology (MIT).

ChainCatcher news, the Harvard Entrepreneurship Club and the Berkeley Chinese Music Industry Association jointly launched the AMIF Music Venture Special Forum. Gracy Chen, Managing Director of Bitget, was invited to attend the forum, where she discussed the latest trends in the global music industry, investment, and entrepreneurial opportunities with George Howard, Professor of Music Business Management at Berkeley, and Gao Yang, Co-founder of MIXX Lifestyle Group.

ChainCatcher news, invited by Forbes, Bitget's Managing Director Gracy Chen has been selected as a member of the Forbes Business Council. The Forbes Business Council is an invitation-only community for entrepreneurs and business leaders. Gracy Chen passed the review and selection process by the advisory board and officially became a member of the Forbes Business Council due to her achievements in the management field.Bitget's Managing Director Gracy Chen stated, "I am very honored to join the Forbes Business Council and look forward to collaborating with the business leaders of the council. This is an opportunity to drive the development of the digital space and further realize our mission."

ChainCatcher news, Bitget's General Manager publicly stated regarding the recent malicious events in the industry: "Since the birth of the industry, we have experienced many ups and downs together, traversing bull and bear markets, and witnessing the rapid development of the industry. Along this journey, we have gathered industry practitioners with a shared goal and common aspirations. Some have exited but still hold a passion, while many more, like Bitget, focus on enhancing product experience and service quality as builders of the industry."She pointed out, "Deliberate smearing and slandering of competitors will hinder the progress of the industry; obstacles to industry development should not come from peers. Bitget will always be a builder of the industry and a practitioner of positive energy. We once again thank our users who have always trusted us. Bitget will uphold the original intention of the cryptocurrency industry, resolutely maintain a fair and orderly positive environment, and truly create value for the industry and users."

ChainCatcher news, August 25, Benzinga selected 30 global figures to watch, among which Gracy Chen, Managing Director of Bitget, made the list.Benzinga explained the reason for Gracy Chen's inclusion on the list: "Chen actively promotes the development of cryptocurrency, launching innovative tools that combine artificial intelligence to effectively lower the entry barriers to the crypto space. Her profound understanding of blockchain and artificial intelligence, combined with her extensive experience as a professional speaker and interviewer, makes her the perfect ambassador between traditional finance and crypto investment."