Bitget COO Highlights DeFi’s Future at Vietnam Blockchain Week 2025

At the recent Vietnam Blockchain Week in Hanoi, key figures from the decentralized finance (DeFi) sector, including Bitget COO Vugar Usi Zade, gathered to discuss the next evolution of DeFi. The panel explored advancements beyond traditional lending protocols, focusing on payments, tokenization, and on-chain scoring. Insights from industry leaders like Manta Network's Kenny Li and D3's Fred Xue underscored the growing innovation in the space. This event marked a significant moment for DeFi's expansion into new financial use cases, with Bitget playing a prominent role in shaping the conversation.

DeFi Leaders Discuss Payments, Tokenization, and On-Chain Scoring at Vietnam Blockchain Week

Hanoi's Vietnam Blockchain Week became a focal point for decentralized finance (DeFi) innovation as industry leaders gathered to explore emerging use cases. The event featured insights from Bitget COO Vugar Usi Zade, Manta Network Co-Founder Kenny Li, Moca Network Project Lead Kenneth Shek, and D3 Co-Founder Fred Xue.

Panelists examined DeFi's evolution beyond lending protocols, with particular emphasis on payment solutions, asset tokenization frameworks, and decentralized credit scoring systems. These developments signal DeFi's maturation from speculative trading toward tangible financial infrastructure.

The discussions occurred against the backdrop of growing institutional interest in blockchain applications, though participants acknowledged persistent challenges around scalability and regulatory clarity. Side events surrounding the main GM Vietnam conference provided fertile ground for cross-pollination between Asian and Western crypto ecosystems.

XRPL Validator Alleges Signs of XRP Price Manipulation

Grapedrop, an XRP Ledger validator, has uncovered transaction patterns suggesting potential market manipulation of XRP. Since launching his validator node on July 12, 2025, he has monitored real-time blockchain activity, flagging suspiciously large transfers exceeding 10,000 XRP.

The validator noted transactions involving 49,900 XRP, 67,655 XRP, and 146,757 XRP—amounts inconsistent with typical retail activity. Many traced back to exchange addresses including Bitget, indicating possible coordinated trading. Wash trading could artificially inflate volume-weighted price metrics, distorting market perception.

With only 150-170 active validators processing XRPL transactions, the findings spotlight vulnerabilities in decentralized networks where concentrated activity may influence valuations. The revelations come as regulatory scrutiny of crypto market practices intensifies globally.