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BingX Launches $150M Shield Fund for User Protection

Summary by Bitcoin Ethereum News
The post BingX Launches $150M Shield Fund for User Protection appeared on BitcoinEthereumNews.com. BingX has introduced a $150 million Shield Fund to protect users from cyber threats and extreme market volatility. The fund operates independently with continuous audits and risk assessments. This initiative builds on BingX’s Proof-of-Reserve efforts, reinforcing its transparency, security, and user-first innovation. BingX, a leading global crypto …
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The BingX announced the launch of the Shield Fund, a security fund worth US$ 150 million, designed to save its users from cybernetic incidents and fluctuations on the market. This fund, which is self-funded, will always be available to ensure smooth responses in crisis situations, demonstrating the firm's commitment to security and transparency. With constant internal audits and real-time risk assessments, the Shield Fund provides an additional …

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cloudprwire.us broke the news in on Thursday, June 5, 2025.
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