Under her leadership, Bitget has experienced remarkable growth, quadrupling its user base and securing a place among the top four crypto exchanges in terms of derivatives trading volumes.

Gracy’s expertise and unwavering commitment to empowering women have positioned her as a prominent figure in the industry.

As a strong advocate for diversity and inclusion, she actively promotes the involvement of women in the crypto space.

Her dedication to empowering women has not only served as an inspiration to countless individuals but has also paved the way for increased representation and equal opportunities within the market.

Gracy’s significant contributions earned her recognition as a Global Shaper by the World Economic Forum in 2015.

Partnerships With Messi And Juventus

Among her noteworthy achievements, Gracy spearheaded partnership deals with the legendary footballer Leo Messi before the World Cup. Especially during and after the World Cup Qatar 2022 period, Messi helped Bitget better engage its community and expand its reach in the sports space.

The marketing campaign and various activities done with Messi further escalated the brand to gain considerable visibility and trust thanks to the Championship of Argentina team largely contributed by the team captain, Messi.

The collaboration played a big role in raising awareness about digital technologies among young users in Latin America, contributing to better finance literacy.

Partnership with the Juventus Team is another highlight. Collaborating with Juventus players Moise Kean and Wojciech Szczesny, Bitget initiated a charity project in Los Angeles to raise funds for DIY Girls, a non-profit organization dedicated to fostering girls’ interest in STEM education.

This partnership represents a significant milestone in expanding the reach of crypto to a broader female audience and shattering barriers in traditionally male-dominated fields.

Gracy’s dedication to providing women with increased opportunities within the crypto space is evident in Bitget’s workforce composition, where 40% of employees are female. This accomplishment solidifies Bitget’s position as one of the industry’s leading equal-opportunity employers.

Research on Inclusivity and Women’s Engagement

Bitget has been analyzing the women-related market data to find possible gaps and reach better inclusivity.

One of its latest reports delved into the key reasons for the ongoing disparity, identifying that female-led blockchain startup funding is influenced by general investing trends, the overall crypto market situation, and investor bias.

The latter factor is the result of over 90% of the funding going to male-led projects.

Here are some interesting takeaways:

• Female-led blockchain startups secured only 6% of the overall funding.
• The number of female-led blockchain startups has fallen by 45.2% since the beginning of 2022 but is already showing a recovery.
• The share of female-led startups has seen a slight increase from 8.3% in 2022 to 8.6% by Q3 of 2023.
• Female-led blockchain project funding is more sensitive to negative changes but less sensitive to bullish trends.
• There is a strong need for incubators capable of nurturing female startups and fostering a more inclusive and encouraging environment for their development.

Incubator Programs And Women Support Initiatives

During the World Economic Forum 2024, Bitget presented the Blockchain4Her initiative aimed at promoting gender diversity and inclusivity in the blockchain industry, with a $10 million commitment.

Key Initiatives of Blockchain4Her:

— Female Entrepreneur Incubation Programs and Pitch Competitions

These programs provide comprehensive support, mentorship, and resources, empowering women to navigate and succeed in the blockchain industry. Blockchain4Her will host pitch competitions for female-founded startups, offering them a platform to showcase their innovations and secure potential investments.

— Women in Blockchain Summit Awards

Blockchain4Her will feature an exclusive experience called the Women in Blockchain Summit Awards, serving as a platform to celebrate and recognize the outstanding achievements of women in the blockchain space.

— Ambassador program

Bitget also invites industry leaders to join as ambassadors for the Blockchain4Her program, supporting gender diversity in blockchain. At present, the Ambassador Program has already attracted many prominent individuals, including Tess Hau, the founder of Tess Ventures, and Bros Hevan, the CEO of Hacken.

Killer Whales

Beyond her responsibilities at Bitget, Gracy also is known as a judge on the popular TV show “Killer Whales“, a program co-created by Hollywood producers. In the show the judges evaluate Web3 and blockchain projects, deciding whether they are worthy of their support.

Killer Whales is the first TV reality show about crypto inspired by the famous Shark Tank program. The show produced by HELLO Labs and TV-producing veteran and creative director of the MTV VMA awards Paul Caslin, and co-produced by CoinMarketCap features an exciting lineup of judges that include the biggest and the boldest industry leaders like Anthony Scaramucci.

The concept replicates the famous TV show Shark Tank but with a twist of crypto, reaching a billion homes through global prime-time television by the end of 2023.

Shot in Hollywood, Los Angeles, the show is broadcast to over 55 countries across the World‘s biggest streaming platforms.

According to Coinglass data, a staggering 176,752 traders found themselves liquidated within the last 24 hours. Now you are beginning to understand why #BitcoinCrash is trending on X (formerly Twitter).

This casts doubts on Finder’s BTC price predictions that Bitcoin is set to peak at $42K this year.

As #BitcoinCrash trends, the cumulative value of these liquidations has reached an estimated $1 billion. This is the biggest liquidation in the last eight months.

As of the time of my writing, Coinmarketcap data reveals that BTC is currently hovering slightly above $26,000.

Etherium, also known as ETH, has followed suit with a decline of over 6%, settling at a trading price of $1,663. Reflecting market sentiment, the Fear and Greed Index on Coinmarketcap stands at 37%, it serves as a gauge for market sentiment.

Over the past day, the global crypto market capitalization has encountered a sharp drop of over 6%, now resting at $1.05 trillion.

The dynamics of this shift have significantly impacted other cryptocurrencies, including XRP, Solana, Litecoin, Bitcoin Cash, and Chainlink.

These assets, influenced by the dominant force of BTC in the market, also suffered substantial losses in the span of 24 hours.

Various sources have put forth diverse narratives regarding this market selloff. A prevailing perspective, highlighted by a Wall Street Journal report, asserts that Elon Musk’s SpaceX marked down the value of its BTC holdings by $373 million and reportedly executed undisclosed sales.

Additionally, reports suggest that the crypto market downturn might have been initiated by derivative traders liquidating substantial sums of options and futures contracts.

Options offer the traders the leverage to sell and buy at specific time and price. Futures on the other hand, allows the holder to puchase only at predetermined rate at a specific time.

Prolonged depreciation of an asset often prompts derivative traders to offload their positions. This scenario could likely explain BTC’s downward trajectory over the past few weeks.

Another angle to consider is the limited influx of impactful news within the crypto sphere. News developments exert a notable influence on crypto trade volumes.

The initial enthusiasm sparked by the prominent investment firm BlackRock’s application for a Spot Bitcoin ETF, a product designed to mirror actual Bitcoin prices, seems to have waned. The US Security and Exchange Commision (SEC) do not seem to be in a hurry to approve this investment vehicle.

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The government stated that it had launched investigations “to establish the authenticity and legality of the activities, the security and protection of the data collected, and how the collectors intend to use the data” because it was concerned about Worldcoin’s activities that involved registering citizens through the collection of eyeball and iris data.

The Worldcoin system, which was introduced by Sam Altman, OpenAI CEO at the end of June in Germany, is also being looked into by European regulators, particularly in France and Germany.

Two million people registered during the test phase of Worldcoin’s initiative, which took three years to build, to receive a digital passport called a “World ID.” Some 1,500 “orbs” will be deployed worldwide to enable millions of other users to sign up, according to the Worldcoin website.

According to reports on Tuesday, thousands of people lined up in Nairobi’s main conference center and commercial malls to have their irises scanned in exchange for virtual currency worth 7,000 shillings (45 euros). Most people subsequently sold their “tokens” again right away. The value of the token, initially $1.70, jumped to $3.58 before falling back to $2.37, according to CoinMarketCap.

Kithure Kindiki, the Cabinet Secretary of Interior and National Coordination said that relevant security, financial services, and data protection agencies have started investigations to establish the authenticity and legality of the firm, the safety and protection of the data being harvested, and how the harvesters intend to use the data.

Why the Eye Scans?

The World App serves as a kind of entry point to an increasing number of decentralized finance (DeFi) applications. Users may be certain that they are communicating with others who have also been independently verified to be human thanks to this feature. Users can join networks with a significantly lower chance of so-called Sybil attacks, in which a single user establishes numerous pseudonymous accounts to acquire control in a virtual system, by having a WorldID and World App.

The World App can also store a constrained number of various crypto tokens. Users can store Bitcoin, Ethereum, and USDC through their World Apps as of their debut.

Worldcoin aims to develop into a kind of blockchain-based digital passport that would allow users to authenticate themselves online without disclosing any private information. Users must submit to an iris scan via an “orb,” a biometric technology created by Worldcoin, to receive this sesame.

In a statement released on Wednesday, the Kenyan Ministry of Home Affairs said it was “immediately suspending Worldcoin activities until the relevant government agencies certify the absence of any risk to the public.”

Worldcoin has not yet reacted to the suspension.