Bitget and Avalanche Forge Strategic Partnership to Boost Web3 Adoption in India

In a significant move to accelerate blockchain adoption, Bitget, a top-tier cryptocurrency exchange, has partnered with Avalanche (AVAX) to drive Web3 solutions across India. Announced on April 28, 2025, this collaboration leverages Avalanche’s scalable ecosystem and Bitget’s trading infrastructure to empower grassroots communities with digital asset accessibility. The partnership also includes engagements with Indian government agencies to foster blockchain innovation.

Bitget and Avalanche Partner to Drive Web3 Adoption in India

Bitget, a leading cryptocurrency exchange, has joined forces with Avalanche (AVAX) to accelerate the adoption of digital asset trading and blockchain technology across India. The strategic collaboration, announced on April 28, aims to bring Web3 solutions to grassroots communities, leveraging Avalanche’s robust ecosystem and Bitget’s trading infrastructure.

The partnership includes initiatives with Indian government agencies, focusing on welfare projects and mini-grants. Devika Mittal, regional head at Ava Labs, emphasized the mission to create inclusive spaces for Web3 enthusiasts nationwide—"whether in Delhi or Varanasi."

This alliance builds on both entities’ ongoing efforts to expand crypto accessibility. Avalanche’s institutional partnerships and Bitget’s market reach position the collaboration as a potential catalyst for India’s blockchain evolution.

Bitget Initiates Legal Action Over $20M VOXEL Market Exploit

Bitget has launched legal proceedings against eight accounts implicated in a market manipulation scheme involving the VOXEL/USDT trading pair, which led to $20 million in losses. The exchange swiftly reversed affected trades and pledged full restitution via airdrops to impacted users.

The incident unfolded on April 20 when VOXEL—the native token of blockchain game Voxie Tactics—spiked over 500% within 30 minutes. Bitget’s investigation revealed irregular trading patterns between 16:00-16:30 UTC, prompting immediate intervention. Regular traders remain unaffected by the anomalous activity.

This marks the latest in a series of crypto exchange crackdowns on market abuse. Bitget’s decisive response underscores growing institutional sophistication in combating exploitation, setting a precedent for fund recovery in decentralized environments.