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Bitget Sets to List Over 130 New Web 3 Projects Next Month

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Bitget, leading global crypto exchange has announced its initiative to expand its platform with new and valuable Web 3 projects, Bitget ABC (Always the Best Crypto).

Bitget

The Bitget ABC will introduce more than 130 valuable projects over the month, offering users almost 500 spot trading pairs on the platform, the largest amongst any centralised crypto exchange.

Through thorough evaluations and feedback from community members, Bitget revealed it has selected 138 potential projects to be listed on a daily basis in alphabetical order.

The listings will be followed by more projects over the month, with  $100,000 prize pool giveaways featuring the new assets to reward active users.

In the last week, Bitget introduced Bitget ABC’s ‘A-Team’, featuring Arcblock (ABT), Alchemy Pay (ACH), Aergo (AERGO), Akropolis (AKRO), Alpine F1 Team Fan Token (ALPINE), apM Coin (APM), Bounce Finance Governance Token (AUCTION); it’s Busy Bs’, featuring Badger DAO (BADGER), Biconomy (BICO), Bluzelle (BLZ), BarnBridge (BOND), BurgerCities (BURGER), BakeryToken (BAKE), Bella Protocol (BEL), BORA (BORA), Bitcoin Standard Hashrate Token (BTCST); and many more. All new listings can be followed here on Bitget’s official announcement channel here.

Trading the newly listed assets in the spot market will also be covered by the Zero Trading Fee benefit that was launched in early September, offering users fee-free spot trading on all trading pairs.

Commenting, the Managing Director of Bitget, Gracy Chen says, “Bitget always strives to serve as a one-stop trading platform with innovative products and diversified choices for users, to better satisfy the demands of different investors in this ever-evolving crypto market.

“We believe that our latest push to broaden our crypto asset range on the platform, to nearly 500 spot trading pairs, will give Bitget the jump on other exchanges.”

Gracy added: “While the new listings will undoubtedly aid traders as they diversify their portfolios during this market, Zero Trading Fee Campaign will also help users reduce their trading costs and incentivise their trading experience.
“Both moves represent Bitget’s long-simmering aspiration for further financial inclusion and reflect its vision to increase financial independence.
“We will continue to enhance the platform, giving investors assistance in seeking gems in the crypto world and capturing opportunity when it strikes.”

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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

General News

Vitel Wireless, First MVNO  Begins SIM Distribution

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Vitel Wireless, Nigeria’s first Mobile Virtual Network Operator (MVNO) has entered into partnership with Slot Systems Limited for distribution of its SIM cards and other gadgets around the country.

Vitel Wireless, First MVNO  Begins SIM Distribution

Chudi Nwabueze, managing director, Vitel Wireless who described the partnership as a defining moment for his company said Vitel Wireles’s purpose is clear: to transform connectivity in Nigeria  through innovation, affordability, and seamless access.

Nwabueze, who spoke in Lagos recently at the official engagement with Slot said Vitel Wireless, as the nation’s first Mobile Virtual Network Operator is committed to creating smart, reliable  solutions that break down barriers to communication and make it easier and more cost-effective for people to stay connected anytime, anywhere.

“This partnership with SLOT is a meeting of shared values and vision. By combining our innovative mobile services with SLOT’s extensive retail presence,  we are making Vitel Wireless SIM cards and the connectivity they offer more accessible than ever before. Customers will now be able to purchase, register, and  top-up their SIM cards conveniently within their own communities.”

He described the  collaboration as more than just distribution, ”it is about empowering  people. It is about bridging the connectivity gap with technology, accessibility, and affordability at the heart of everything we do.”

Nwabueze further explained Vitel Wireless SIM card is a location technology awareness card. It can track whereabouts of a person. This information can help the police, on official demand, in case of unfortunate incident.

He said the disadvantages of tracking a person’s whereabout outweighs the advantages.

He explained that access code is given to another person for tracking.

“We operate as a core network and we have integrated with all the major networks in Nigeria, including international calls. So, on a simple language, we are a GSM company, that you do call, SMS, data and we offer more value like safety. And the  good news is that we are spread out in the 36 States plus Abuja FCT in Nigeria.


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Digital Realty Nigeria Launches ServiceFabric Platform Today

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Digital Realty Nigeria, a carrier-neutral data centre operator, will be launching its ServiceFabric® platform alongside opening of its new LKK2 Data Centre in Lagos today.

ServiceFabric Platform in Lagos Nigeria, aligned with Digital Realty’s commitment to enabling seamless global interconnectivity for businesses, providing enterprise customers in Nigeria with the ability to connect whenever, wherever, and to whoever they need to.

Engr. Ikechukwu Nnamani, managing director, Digital Realty Nigeria, said that the presence of ServiceFabric in Lagos will support the growing demand for hybrid IT and multi-cloud connectivity, empowering businesses with a secure, software-defined interconnection platform.

“As you are aware, data is driving our world forward across every aspect of the economy. To unlock the opportunities of data we provide the meeting place for Companies, Technologies and Data to come together across Africa, one of the fastest growing continents, and in the process, we enable bold new ways to expand and grow,” he said.

Digital Realty’s global data centre footprint gives customers access to the connected communities that matter to them with over 300 facilities in 50 global metros across 25 countries on six continents. Digital Realty currently maintains client base of over 5,000 customers including over 1,500+ enterprises, 1,300+ networks service providers, and over 1,000+ cloud and IT providers. It offers datacentre services to 250+ of the Fortune 500 companies.


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Meta Refactors AI Strategy, Freezes Hiring to Focus on Superintelligence

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Meta Platforms has frozen hiring in its artificial intelligence division following months of aggressive recruitment, according to sources familiar with the matter.

The hiring freeze, which took effect last week, coincides with a broader restructuring of the company and restricts current employees from moving between teams within the AI division. The duration of the freeze has not been disclosed.

“There might be exceptions to the block on external hires, but they would need permission from Meta’s chief AI officer, Alexandr Wang,” the sources said. A Meta spokesperson confirmed the freeze, describing it as “basic organizational planning: creating a solid structure for our new superintelligence efforts after bringing people on board and undertaking yearly budgeting and planning exercises.”

Meta has been a leading player in the AI talent race, offering some researchers pay packages worth nine figures and acquiring startups to secure key personnel. Analysts have raised concerns over the high cost of such hiring, warning that Meta’s stock-based compensation could affect shareholder returns.

The restructuring divides Meta’s AI operations into four teams: TBD Lab, focused on superintelligence; an AI products team; an infrastructure team; and a long-term exploratory team called Fundamental AI Research. The reorganization follows criticism of the company’s previous AGI Foundations team, responsible for Meta’s Llama large language models, which underperformed expectations after its latest release.

After the Llama release in April, CEO Mark Zuckerberg became personally involved in recruiting, reaching out to researchers at OpenAI, Google DeepMind, and other labs. Offers sometimes reached $100 million in total compensation, with one overture to Thinking Machines Lab co-founder Andrew Tulloch valued at $1.5 billion, though he declined.

To strengthen its AI efforts, Meta also brought on Scale AI co-founder Alexandr Wang, former GitHub CEO Nat Friedman, and Safe Superintelligence co-founder Daniel Gross, with the company acquiring stakes in their ventures as part of the recruitment. By mid-August, Meta had hired over 50 AI researchers and engineers from companies including OpenAI, Google, Apple, xAI, and Anthropic.

Investor concern over the cost of tech giants’ AI expansions has contributed to a recent selloff in technology stocks. In an August 18 research note, Morgan Stanley analysts warned that rising stock-based compensation at Meta and Google could either drive AI breakthroughs or dilute shareholder value without clear innovation gains.


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