{"id":16153,"date":"2024-10-24T10:45:10","date_gmt":"2024-10-24T10:45:10","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=16153"},"modified":"2024-10-24T10:45:10","modified_gmt":"2024-10-24T10:45:10","slug":"bingx-restores-full-operations-and-unveils-shieldx-for-enhanced-security","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=16153","title":{"rendered":"BingX Restores Full Operations and Unveils \u2018ShieldX\u2019 for Enhanced Security"},"content":{"rendered":"

[PRESS RELEASE \u2013 Vilnius, Lithuanian, October 24th, 2024]<\/strong><\/p>\n

BingX<\/a>, a global leading cryptocurrency exchange, has fully restored its operational capacity following a recent hot wallet incident, with all deposits and withdrawals back to normal. In response to the event, BingX is unveiling its new \u201cShieldX\u201d initiative, a comprehensive plan aimed at enhancing the platform\u2019s security infrastructure.<\/p>\n

\u201cShieldX\u201d introduces an upgraded wallet firewall designed to provide advanced protection against external threats, further safeguarding user assets. BingX has also partnered with leading third-party security firms to implement extra round-the-clock monitoring and threat detection, ensuring any vulnerabilities are identified and addressed swiftly and proactively.<\/p>\n

In addition to enhanced firewalls and partnerships, BingX will undergo regular, rigorous security audits conducted by independent security agencies. The exchange is also rolling out a new hacker bounty program, offering rewards to security researchers who help identify potential vulnerabilities, reinforcing its dedication to continuous improvement.<\/p>\n

Utilizing its new cybersecurity initiative, BingX is reaffirming its position as a leader in the cryptocurrency space by putting user safety at the forefront. This initiative not only enhances security but also emphasizes the exchange\u2019s long-term commitment to transparency, resilience, and innovation in the face of evolving cybersecurity challenges.<\/p>\n

Vivien Lin<\/a>, Chief Product Officer at BingX, emphasized the importance of the platform\u2019s swift recovery and ongoing commitment to user security. \u201cWe are pleased to confirm our platform has not only returned to standard operations but the platform has also been thoroughly enhanced to a higher performance level than before the incident. BingX\u2019s quick response highlights our dedication to safeguarding user assets, with trust, efficiency, and transparency at the heart of our approach. The launch of \u2018ShieldX\u2019 marks a crucial step in proactively strengthening our platform\u2019s defenses,\u201d Lin said. \u201cOur priority remains ensuring a secure environment for all users through continuous improvements and strategic partnerships. Furthermore, we are committed to collaborating with industry leaders to drive higher security standards across the crypto ecosystem.\u201d<\/p>\n

About BingX<\/h2>\n

Founded in 2018, BingX<\/a> is a leading cryptocurrency exchange serving over 10 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management \u2013 all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became Chelsea FC\u2019s principal partner, marking an exciting debut in the world of sports.<\/p>\n

For media inquiries, users can contact: media@bingx.com<\/a><\/p>\n

For more information, users can visit: https:\/\/bingx.com\/<\/a><\/p>\n

The post BingX Restores Full Operations and Unveils \u2018ShieldX\u2019 for Enhanced Security<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

[PRESS RELEASE \u2013 Vilnius, Lithuanian, October 24th, 2024] BingX, a global leading cryptocurrency exchange, has fully restored its operational capacity following a recent hot wallet incident, with all deposits and withdrawals back to normal. In response to the event, BingX is unveiling its new \u201cShieldX\u201d initiative, a comprehensive plan aimed at enhancing the platform\u2019s security […]<\/p>\n","protected":false},"author":0,"featured_media":16154,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-16153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16153"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16153"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/16153\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/16154"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16153"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}