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BingX Launches ‘ShieldX’ to Protect Against Future Hacks

  • BingX introduced ShieldX, an upgraded wallet firewall, to enhance security following a $52 million hack in September.
  • The hack resulted in the theft of various cryptocurrencies from BingX's hot wallets, prompting temporary withdrawal suspensions.
  • ShieldX aims to make it more challenging for hackers to breach BingX's security measures by providing advanced threat monitoring and additional layers of protection.
  • BingX has resumed full operations, assuring users that no customer will incur losses as they covered the stolen assets themselves.

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