BingX Blog

Your go-to source for BingX stories, company news, and product updates.

BingX Sponsors CoinGecko's 2024 Q3 Report: Bitcoin Dominance Grows as Gold and Prediction Markets Outperform in a $2.33T Market

VILNIUS, October 22, 2024 — BingX, a leading global cryptocurrency exchange known for its user-centric platform and innovative trading solutions, proudly announces its sponsorship of CoinGecko’s 2024 Q3 Crypto Industry Report. This sponsorship is a continuation of BingX’s dedication to fostering transparency, empowering users, and promoting greater understanding within the Web3 industry. “BingX’s sponsorship of CoinGecko’s quarter report reflects our commitment to transparency and education within the crypto space,” said Vivien Lin, spokesperson at BingX. “By supporting this report, we ensure that users have access to independent, reliable data to make informed trading decisions. Trust and knowledge are fundamental to success in this industry, and we are proud to play a part in delivering these to the global crypto community.” CoinGecko’s 2024 Q3 Crypto Industry Report offers a detailed overview of the crypto landscape. The total cr
4 min

AMA Recap: AgentLayer and AI in Web3 – A Conversation with Professor Liu Yang and Vivien

In a recent AMA hosted by BingX, Professor Liu Yang, a renowned AI researcher and key figure in the AgentLayer project, and Vivien Lin, Chief Product Officer from BingX, shared their insights into the intersection of AI and Web3, as well as the transformative potential of AgentLayer. The conversation covered the unique value of decentralized AI, the project’s vision, and how AgentLayer incentivizes long-term community engagement. Here’s a recap of the key highlights from the session. AgentLayer stands out by bringing AI to the Web3 space through a decentralized platform, allowing users to interact with AI while maintaining control over their data. This approach aligns with the core principles of the crypto industry—transparency and privacy. Vivien highlighted that most AI projects rely on centralized systems, making AgentLayer’s decentralized model a refreshing alternative. It ensures users’ data security while offering powerful AI solutions. Vivien highlighted BingX’s strong focus on
4 min

Vivien's Weekly Insights 26

BingX Swiftly Recovers from Hot Wallet Incident, Ensures User Asset Security The original post can be found here.   Dear BingX Community, We understand that the past few days have been challenging, and we truly appreciate your patience and trust during this time. In our latest AMA, our Chief Product Officer, Vivien Lin, provided a sincere and transparent update on the steps we’ve taken following the recent hot wallet incident. We want to keep you informed every step of the way and remain fully committed to protecting your assets while continuing to strengthen our platform. 1. Resumption of Withdrawal and Deposit Services: Back on Track We’re happy to share that key services have resumed swiftly: Withdrawal services were restored within 24 hours of the incident for major assets such as USDT, USDC, BTC, ETH, TRX, XRP, and SOL by September 21, 08:30 (UTC+8). Deposit services resumed within 48 hours, starting with the same batch of major assets, by September 22, 08:30 (UTC+8). Altcoi
9 min

AMA Recap with BingX CPO Vivien Lin: Progress on the Recent Hot Wallet Incident

Dear BingX Community, We understand that the past few days have been challenging, and we truly appreciate your patience and trust during this time. In our latest AMA, our Chief Product Officer, Vivien Lin, provided a sincere and transparent update on the steps we’ve taken following the recent hot wallet incident. We want to keep you informed every step of the way and remain fully committed to protecting your assets while continuing to strengthen our platform. 1. Resumption of Withdrawal and Deposit Services: Back on Track We’re happy to share that key services have resumed swiftly: Withdrawal services were restored within 24 hours of the incident for major assets such as USDT, USDC, BTC, ETH, TRX, XRP, and SOL by September 21, 08:30 (UTC+8). Deposit services resumed within 48 hours, starting with the same batch of major assets, by September 22, 08:30 (UTC+8). Altcoin withdrawals are being reopened gradually, with an additional 20 altcoins available for withdrawal as of Sep
5 min

AMA Recap with BingX CPO Vivien Lin: Addressing the Recent Hot Wallet Incident

Dear BingX Community, Following the recent AMA hosted by our Chief Product Officer, Vivien Lin, we’re here to provide a full recap of the session and share essential updates regarding the recent hot wallet incident. In line with our commitment to transparency, we’re addressing key points from the AMA to keep you informed about our actions and next steps. What Happened At approximately 4AM UTC+8 on September 20, we confirmed an incident that affected one of BingX’s hot wallets. Our immediate priority was to ensure the safety of user funds and to take swift action to contain the situation. We want to reassure our community that we are fully focused on resolving the issue and mitigating the impact. BingX’s Immediate Response Vivien Lin highlighted BingX’s rapid response to the hot wallet incident. BingX quickly isolated the compromised system, preventing further damage and protecting user assets. In addition, we have brought in external security experts and a
3 min

Vivien's Weekly Insights 25

BingX Lists AgentLayer on Launchpool, Unlocking New Staking Opportunities I’m excited to share that BingX is introducing an innovative digital asset to our Launchpool: AgentLayer ($AGENT). As a pioneering decentralized network for autonomous AI agents, AgentLayer represents a significant leap forward in permissionless collaboration between AI and human oversight. Powered by $AGENT, this new currency drives the Agent Economy on the Base blockchain, facilitating on-chain minting, deployment, and swapping of AI assets. At BingX, we remain committed to delivering cutting-edge blockchain projects, and the listing of AgentLayer is another testament to that mission. We believe that AgentLayer represents a significant step forward in how AI agents can collaborate autonomously across industries. This token listing should make it easier for users to engage with this exciting new frontier of decentralized AI, unlocking incredible opportunities for growth and innovation. With AgentLayer, Bin
8 min

Vivien's Weekly Insights 24

Announcement: BingX to Attend TOKEN2049 Singapore as Title Sponsor I’m pleased to announce that BingX will be a title sponsor at TOKEN2049 Singapore, held at the prestigious Marina Bay Sands. This premier event in the crypto ecosystem aligns seamlessly with BingX’s mission to make crypto accessible and friendly to everyone At BingX, our commitment to putting users first is unwavering. We are excited to offer an immersive experience at our booth, complete with cutting-edge demonstrations, interactive sessions, and opportunities to connect with the BingX community. I will be participating as a distinguished panelist, where I will share my expertise on the latest developments in the web3 industry. This event is a fantastic opportunity for us to showcase BingX’s innovations and connect with the vibrant crypto community. Our participation underscores our commitment to providing a trustworthy and transparent platform, inspiring users to stay ahead of the curve and accomplish more with
6 min

Vivien's Weekly Insights 23

Announcement: BingX Introduces Pre-Launch Futures for Innovative Crypto Trading Last week, BingX announced the exciting launch of its Pre-Launch Futures. This innovative feature allows BingX users to trade futures on new tokens, enabling them to predict and speculate on future values before the tokens are officially listed. This feature empowers traders to secure potential profits ahead of the broader market by offering early access and leverage. It is a significant step forward in helping BingX users stay ahead of the curve and maximize their crypto investments. Our mission at BingX is to provide a secure and user-first platform that continually innovates to meet the evolving needs of our users. Introducing Pre-Launch Futures aligns with our vision of building a gateway for the next billion crypto users. This new feature exemplifies our commitment to offering diverse and advanced trading tools that elevate our users’ trading proficiency. Pre-Launch Futures on BingX allow users to part
6 min

Sony Group Teases Launch of Ethereum Layer-2 Blockchain With Startale Labs

Join the Trading Community: Learn & Earn with BingX.   Today’s Cryptocurrency Headline Global conglomerate Sony Group’s joint blockchain venture with Startale announced the development of Soneium, its first Ethereum Layer-2 blockchain that focuses on scalability and user-friendliness, aiming for mainstream adoption. Soneium, upon launch, plans to deliver Web3 apps across a multitude of fields, including entertainment, gaming, and finance, leveraging Sony’s global Web2 presence, Sony Block Solutions Labs said in a statement.“Sony Group has strong distribution channels in multiple industries and existing users in our daily lives,” Sota Watanabe, Founder of Astar Network and Director of Sony Block Solution Labs, said in the press release. “Through Soneium, we will make something people want and go mainstream beyond Web3.” The joint venture is currently preparing the blockchain’s testnet launch, but the date of launch has yet to be announced. Sony Block Solutions Labs said that So
5 min

Vivien's Weekly Insights 22

Announcement: BingX Partners with Blockpit to Enhance Crypto Tax Reporting for Users Globally BingX is excited to announce its strategic partnership with Blockpit, a renowned European crypto tax solution provider. As of August 8, 2024, BingX users can effortlessly manage tax obligations with Blockpit, saving both time and money. Blockpit provides legal security, ensuring compliance with ever-changing regulations, and giving BingX users significant improvement in trading experience and confidence in their investments. BingX users receive a 15% discount on their first Blockpit license as a bonus. With this collaboration, BingX users gain access to Blockpit’s cutting-edge tax reporting capabilities, enabling them to manage their tax obligations and streamline their financial planning effortlessly. The advanced portfolio management tools provided by Blockpit also allow users to track and optimize their investments with greater precision, ensuring they can make informed decisions in real-ti
6 min

AMA with Head of BingX Labs Vivien Lin

On August 7, 2024, BingX Labs, represented by Vivien Lin, Head of BingX Labs and Chief Product Officer at BingX, participated in an insightful AMA session on X.com. The discussion provided an in-depth look at BingX Labs’ mission, operations, and future goals, highlighting its pivotal role in advancing blockchain innovation. TL;DR In an AMA on August 7, 2024, Vivien Lin, Head of BingX Labs and Chief Product Officer at BingX, discussed BingX Labs’ mission to support high-potential blockchain projects. Launched on August 1, 2024, BingX Labs provides technical support, strategic consulting, and investment to accelerate project growth. The initiative is timely due to the growing interest in blockchain and cryptocurrencies. BingX Labs uses a rigorous screening process to select promising projects, offering tailored financial and strategic support. The team also focuses on community engagement to connect projects with potential investors. Looking ahead, BingX Labs aims to expand i
5 min

BingX Partners with Blockpit to Enhance Crypto Tax Reporting for Users Globally

VILNIUS, August 13, 2024 — BingX, a global leading cryptocurrency exchange, is excited to announce its strategic partnership with Blockpit, a renowned European crypto tax solution provider. Starting August 8, 2024, BingX users can effortlessly manage tax obligations with Blockpit, saving both time and money. Blockpit provides legal security, ensuring compliance with ever-changing regulations, and giving BingX users significant improvement in trading experience and confidence in their investments. As a bonus, BingX users receive a 15% discount on their first Blockpit license. Vivien Lin, Chief Product Officer of BingX, commented on the new integration. She stated: “We are thrilled to integrate Blockpit’s innovative tax solutions into the BingX platform. This partnership is a testament to our commitment to ongoing global compliance and providing users with state-of-the-art tools for financial decision-making. By enhancing our presence in the European market, we are empowering
3 min