VILNIUS, October 24, 2024 — BingX, one of the leading cryptocurrency exchange platforms globally, has fully restored its operations following a recent incident involving its hot wallet. Deposits and withdrawals are back to normal, and the platform has announced the launch of “ShieldX,” an integrated plan to enhance the platform’s security infrastructure.
The “ShieldX” project introduces an updated firewall for the portfolio, designed to offer advanced protection against external threats and ensure greater security of users’ assets. Additionally, BingX has partnered with major cybersecurity companies to implement continuous monitoring and a threat detection system, to promptly identify and address any vulnerabilities.
In addition to updates in the firewalls and external collaborations, BingX will undergo frequent and rigorous security audits by independent agencies. The platform will also launch a rewards program for “ethical” hackers, incentivizing securi
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