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Crypto Exchange BingX Rolls Out Advanced Security Feature Following $52M Hack

Crypto Exchange BingX Rolls Out Advanced Security Feature Following $52M Hack

After a recent security breach, crypto exchange BingX has released “ShieldX,” an advanced update geared toward improving the platform’s security from a similar attack.

After a recent security breach, crypto exchange BingX has released “ShieldX,” an advanced update geared toward improving the platform’s security from a similar attack. On Oct. 24, Singapore-based crypto assets platform BingX announced that it had released ShieldX to secure users against any further cyber attacks following the September hot wallet exploit that cost $52 million.

The ramp-up in security introduces an improved wallet firewall system, among others, in addition to partnerships with security firms to monitor and detect threats continuously. Vivien Lin,…

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