According to Foresight News, monitored by Lookonchain, BGB has completed a major update, having destroyed 220 million BGB (worth approximately 1.09 billion USD), and will transfer another 220 million BGB (worth approximately 1.09 billion USD) to a new Wallet for locking. This move is related to the exclusive strategic partnership announced between Bitget and Morph. Morph will use BGB as its Gas and governance token, and the Morph Foundation will update the BGB Burn Mechanism, linking it to Morph network activities until the total supply of BGB is reduced to 100 million.

BlockBeats news, on September 2, according to market information, BGB briefly pumped over 11%, currently quoted at 5.28 USD. According to previous news, BGB has upgraded to the Morph public chain Token, with a one-time destruction of 220 million.

Bitget launches the smart money ranking event, where users can upload their Wallet Address to unlock rewards, with a maximum of 300 BGB per individual. The event runs from August 27 to September 4, and each person can submit up to 5 addresses, with no more than 3 winning addresses.

Gate News bot message, SoSoValue's latest data shows that the Crypto Assets market has experienced an overall Rebound, with various zones showing a 24-hour rise between 2% and 6%. The CeFi zone performed the best, with a rise of 6.35%, among which OKB had a big pump of 48.80%, while BNB, BGB, and GT rose by 5.95%, 7.16%, and 12.15%, respectively. Bitcoin (BTC) broke through $114,000, with a 24-hour rise of 1.57%. Ethereum (ETH) saw an even larger increase, reaching 5.39%, with a price surpassing $4,300. Other indices such as MAG7.ssi, DEFI.ssi, and MEME.ssi also showed an upward trend, with rises of 3.25%, 7.91%, and 4.47% respectively. The DeFi zone rose by 6.06%, and Chainlink (LINK) had a rise of 9.74%. M