What features does Bitsfull offer?

Bitsfull offers three core feature systems: · Professional Trading System - Spot and futures trading based on real-time market data, including perpetual contracts, leverage, options trading, etc. · Intelligent Trading Ecosystem - Through AI Trading, copy trading, trading competitions and beginner tutorials, help users lower the trading threshold and quickly grow into professional traders · Gamified Incentive Mechanism - Invitation rewards and team mining system, allowing users to earn rewards while learning to trade, promoting rapid community growth

Why start with a simulation platform?

Bitsfull adopts a "simulation first" strategy, based on three main considerations: · Lower User Threshold - Provide a risk-free learning environment, allowing beginners to familiarize themselves with cryptocurrency trading without financial losses, developing trading skills and habits · Rapid Product Validation - Test trading systems, matching engines and risk control mechanisms in an environment without real capital risk, quickly iterate and optimize product experience through user feedback · Build Compliance Foundation - Simulation platforms can launch without financial licenses, giving the team time to apply for exchange licenses while accumulating millions of users, preparing for real trading launch

What can $BITS be used for?

$BITS has different use cases at different stages: Current Stage (BITS Points): · Top up to purchase for simulated trading · Participate in team mining to earn rewards · Current invitation numbers, BITS top-ups, trading activity, etc. will be used as weights for future token initial distribution Future Stage (Platform Token): · Trading Discounts - Hold $BITS to enjoy trading fee discounts · Membership Benefits - Stake $BITS to upgrade VIP level, unlock exclusive features · New Token Subscription - Priority access to platform IEO/Launchpad new token offerings · Community Governance - Participate in platform major decision voting · Staking Mining - Lock tokens to earn passive income · Airdrop Rewards - Enjoy regular airdrop benefits $BITS will achieve deflation through buyback and burn mechanisms, building a complete tokenomics closed loop.

What's the current funding progress?

Currently well-funded, no financing needed. Will introduce heavyweight strategic investors later based on project development needs.

Aave liquidates Kelp DAO hacker's rsETH positions on Ethereum, Arbitrum

Bitsfull2026/05/07 15:0718646

Summary:

Galaxy Digital’s Thaddeus Pinakiewicz noted that Aave is now only 10% short of recovering from the bad debt that hit its lending protocol after the Kelp DAO hack.