BingX Labs, the innovation arm of BingX, announced a strategic partnership with Bitcoin staking agreement Babylon to invest $5.30 million in the Babylon project through its $100 million ecosystem fund.
BingX launched its "ShieldX" wallet firewall months after the $52 million hack, and the exchange said in a statement on October 24 that ShieldX launched an "upgraded wallet firewall" to provide advanced protection against threat actors and protect user assets on the platform.
BingX has fully resumed operations following the recent hot wallet incident, and all deposits and withdrawals are back to normal. In response to this incident, BingX has launched the new ShieldX program, a comprehensive program designed to enhance the platform's security infrastructure. ShieldX has introduced 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 firm...
According to SlowMist MistTrack analysis, there is a suspected connection between the Indodax hacker, which operates at Polygon, and the BingX hacker, which operates at BSC, and the BingX hacker, which uses the same address for money laundering. Previously, it was reported that on September 11, the wallet of Indonesian crypto trading platform indodax carried out more than 150 suspicious transactions on different networks, with a total loss of about 18.20 million US dollars. The suspicious addres...
According to Cyvers Alerts, crypto exchange BingX has seen a shift in hacker money laundering tactics. Previously, attackers used eXch to launder money. More recently, attackers moved stolen assets from the OP chain to the ETH chain and deposited them into Tornado Cash.
PeckShield's disclosure monitoring on the X platform revealed that the address marked as a BingX hacker had changed.
BingX, the crypto exchange that was hacked on September 20, posted on the X platform today: "We have made substantial progress in our investigation this week. After extensive research and inspection, we have determined that this incident was carried out by the same gang as other similar attacks in the industry. We are working closely with security organizations including SlowMist and 911 to conduct a full investigation and report. Law enforcement agencies are now involved and we have submitted a...
BingX Chief Product Officer Vivien Lin wrote that the withdrawal service is being gradually resumed. BSC network withdrawals (including USDT, USDC, BTC, ETH, XRP, TRX, SOL) will be open at 08:30 2024-09-21. Yesterday, the cryptocurrency trading platform BingX was attacked, and the total amount of stolen assets has exceeded 43 million US dollars.