BingX has fully restored its operational capabilities after a recent hot wallet incident, and all deposits and withdrawals have resumed normal operation.

In response to this event, BingX has launched the new ShieldX plan, which is a comprehensive plan aimed at enhancing the platform's security infrastructure. ShieldX introduces an upgraded wallet firewall designed to provide advanced protection against external threats, further protecting user assets. BingX has also partnered with leading third-party security companies to implement additional round-the-clock monitoring and threat detection to ensure the prompt and proactive discovery and resolution of any vulnerabilities.

Previously reported on September 20th, cryptocurrency trading platform BingX was attacked, with security firms estimating that BingX's stolen assets totaled over $43 million.