After the hot wallet theft incident, BingX has fully resumed operations

ChainCatcher news, according to Decrypt, the cryptocurrency exchange platform BingX has fully restored its operational capabilities following a recent hot wallet incident, with all deposits and withdrawals back to normal. To address this incident, BingX has launched a new "ShieldX" program, a comprehensive initiative aimed at enhancing the platform's security infrastructure.

"ShieldX" 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 additional round-the-clock monitoring and threat detection, ensuring the swift and proactive identification and resolution of any vulnerabilities.