The Good Tech Companies - BingX Launches $150M Shield Fund To Set a New Benchmark For User Protection

Episode Date: June 5, 2025

This story was originally published on HackerNoon at: https://hackernoon.com/bingx-launches-$150m-shield-fund-to-set-a-new-benchmark-for-user-protection. Unlike conventional insurance models, the Shield Fund is entirely self-funded and always active, enabling BingX to respond swiftly during crises. This initiativ Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #bingx, #btcwire, #press-release, #bingx-announcement, #crypto-exchange, #blockchain-development, #good-company, and more. This story was written by: @btcwire. Learn more about this writer by checking @btcwire's about page, and for more stories, please visit hackernoon.com. BingX has introduced the Shield Fund, a permanent $150 million safety reserve dedicated to safeguarding users against unforeseen cyber threats and extreme market volatility. The Shield Fund is entirely self-funded and always active, enabling BingX to respond swiftly during crises. This initiative underscores BingX’s commitment to transparency, accountability, and its unwavering user-first vision.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Binx launches $150 million shield fund to set a new benchmark for user protection. BYBTC Wire Panama City, June 5, 2025 Binx, a leading global cryptocurrency exchange and Web3 AI company, has introduced the shield fund, a permanent $150 million safety reserve dedicated to safeguarding users against unforeseen cyber threats and extreme market volatility. Unlike conventional insurance models, the SHIELD Fund is entirely self-funded and always active, enabling Binx to respond swiftly during crises. This initiative underscores Binx's commitment to transparency, accountability, and its unwavering user first vision. Built with long-term sustainability in mind, the SHIELD fund features continuous internal audits and dynamic risk assessments to adapt to evolving market conditions.

It offers Binx users an added layer of real-time protection and peace of mind, solidifying Binx's position as a leader in secure and responsible crypto trading. Greater than, the launch of the Binx Shield Fund is a strategic extension of our greater than user first vision. It is not simply a financial safeguard, it is a symbol of greater than how we view responsibility at scale," said Vivian Lin, chief product officer greater than at Binx. Greater than, we are reaffirming our commitment to building a secure, transparent, and greater-than-forward-thinking trading environment. As our platform grows, so does our duty greater than to empower users with tools and systems that ensure confidence, resilience, greater than and long-term trust. Greater than greater than following the implementation of proof of reserve, the SHIELD fund represents greater than the next chapter in BINx's ongoing mission to elevate platform integrity and greater than user protection.

Together, these initiatives form a robust foundation for a greater than more transparent, secure, and accountable trading environment. Looking ahead, greater than Binx remains committed to delivering proactive safety measures and pioneering greater than infrastructure innovations to safeguard user interests. About BinGX founded in 2018, Binx is a leading crypto exchange and Web3 AI company. Serving a global community of over 20 million users. With a comprehensive suite of iPowered products and services, including derivatives, spot trading, and copy trading, Binx caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, Binx empowers users with

innovative tools designed to enhance performance and confidence. In 2024, Binx proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship. For media inquiries, please contact media at binks.com For more information please visit https://binks.com This story was published as a press release by BTC Wire under Hacker Noon's Business Blogging Program. Thank you for listening to this Hacker Noon story, read by Artificial Intelligence. Visit hackernoon.com to read, write, learn and publish.