Crypto exchange Bitget has reported a $700 million capital inflow and a 50% increase in website traffic for Q2 2024. The exchange attracted 10 million monthly visitors and gained 2.9 million new users. Bitget's Bitcoin, Tether, and Ether holdings rose by at least 70%, contributing to the capital inflow. The company also partnered with three Turkish athletes and launched a $20 million ecosystem fund in collaboration with Foresight Ventures. Bitget's proof-of-reserves report shows ratios above 100% for all major assets, and its protection fund is valued at over $420 million. The company is also combating deepfake scammers through a partnership with KYC verification provider Sumsub.