BingX Launches $150M Shield Fund
BingX launched a $150 million self-funded Shield Fund to protect user assets in real time. Consisting of 1,000 BTC, 4,000 ETH and $40M in USDT, the insurance fund compensates users in case of platform issues.
More about Darren Lim
Darren Lim contributed 9 articles:
What Are Leveraged Tokens, And Why You Should Avoid Trading Them
Leveraged crypto tokens offer fast, high-risk exposure to market moves without the fuss of margin or futures or the risk of liquidation. But trading them is still very risky, so read our guide to better understand why you should avoid them.
Binance Enforces Mandatory KYC Re-Verification For Indian Users
Binance has made KYC re-verification mandatory for Indian users to meet stricter anti-money laundering (AML) rules, and PAN linking is required. Find out what this means for trading crypto in India and how to find alternative exchanges.
Bybit Hack: Unraveling the $1.5 Billion Security Breach and Its Aftermath
Bybit suffered a $1.5 billion hack on earlier today, when attackers exploited a vulnerability in an Ethereum cold wallet transfer. Despite the breach, Bybit reassured users that all funds remain backed 1:1, withdrawals are open, and security measures are being enhanced.
Bitget Launches BitEXC, Local Exchange in Vietnam
Bitget just launched a standalone Vietnam crypto exchange BitEXC, tailored for the local market. We took a look at the platform and wrote a review, so find out if BitEXC is good or not.
Gemini and Bitrue Receive New Regulatory Licenses in Singapore and Lithuania
Gemini receives Singapore MPI license, allowing it to provide full set of crypto trading and custody services in Singapore. In addition, Bitrue receives VASP license in Lithuania, expanding its European footprint.
Dead Cat Bounce in Crypto Trading: A Comprehensive Guide
Dead Cat Bounce is a common pattern in crypto trading, indicating a potential trend reversal. Learn how to identify dead cat bounces and how to exit the market at the right time.
Crypto CFD vs Perpetual Futures Trading – Key Differences Explained
CFD and perpetual futures trading both enable speculation on crypto prices without owning the asset, but they differ in contract nature, margin requirements, and costs. CFDs involve spread and financing charges, while perpetual futures use funding rates and have exchange-set margins.
Understanding Shark Fin in Crypto Investing
Shark Fin is a low-risk investment with guaranteed returns and principal funds protection. Learn more about SharkFin, and how to profit from crypto exposure without risk to assets.