BingX Blog

Your go-to source for BingX stories, company news, and product updates.
BingX Shards: A New Rewards Ecosystem for Enhanced User Engagement
BingX, a leading cryptocurrency exchange and Web3 AI company, is proud to announce BingX Shards Program, its brand-new rewards mechanism for spot trading. With BingX Shards, users can now earn rewards, level up by completing tasks, and unlock exclusive benefits based on their activity levels.   BingX Shards is a system representing users' identity and status on the platform. Users can earn Shards through various activities on BingX, including completing KYC verification, depositing funds, trading, participating in campaigns, and inviting new users. Each user's level is determined by the amount of Shards they accumulate, unlocking a wide range of rewards and benefits, such as:   Access to airdrops and exclusive tokens Trading fee discounts and vouchers VIP privileges and special benefits, and more.   Vivien Lin, Chief Product Officer at BingX, commented: "Users are the cornerstone of our success and we are dedicated to delivering user-centric products and service
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Tokenized Real-World Assets: The Path to a True Hybrid Financial System?
As crypto matures, one of the most important developments reshaping the market is the rise of tokenized real-world assets (RWAs) — digital representations of traditional assets like bonds, real estate, and commodities on the blockchain. RWAs are emerging as the bridge between Traditional Finance (TradFi) and DeFi, fusing the stability of the former with the innovation and accessibility of the latter. What Are Tokenized RWAs? At their core, RWAs turn physical or traditional financial assets into blockchain-based tokens that represent ownership or economic rights. This involves a two-part process: legal recognition off-chain and secure representation on-chain, typically verified by custodians and oracles. The result is a system where a U.S. Treasury bond, an office building, or even a kilogram of gold can exist as a tradable token within a crypto ecosystem. Why RWAs Matter Tokenized RWAs combine TradFi’s reliability with DeFi’s efficiency and inclusiveness. They open n
4 min
BingX AI Arena Goes Live, Join the AI Battles, Watch, Copy and Win!
The world of trading just got a whole lot smarter — and more entertaining. BingX has officially launched the BingX AI Arena, a first-of-its-kind competition where some of the most advanced AI models battle it out in live trading duels. Think of it as the Olympics for AI traders, where performance, strategy, and adaptability decide who comes out on top — and you get to take part. The lineup reads like an all-star roster of large language models: Claude 4.5 Sonnet, DeepSeek V3.1 Chat, Gemini 2.5 Pro, GPT-5, Grok 4, and Qwen 3 Max. Each contender starts with the same setup — $10,000 in real trading funds, identical data access, and the same market conditions. From there, it’s all about how each AI interprets the markets, executes trades, and manages risk in real time. But this isn’t just about watching algorithms compete. The BingX AI Arena is built around a simple idea: Watch, Copy, and Win. As users follow live matchups between these AI tita
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How Dubai’s Crypto-to-AED Stablecoin Pilot is Paving the Way for Web3 Payments
In a major leap toward real-world Web3 integration, the Dubai government has successfully completed a pilot program that allows payments in cryptocurrency converted into AED-backed stablecoins, marking one of the first government-led initiatives in the world to enable crypto transactions for official services. In collaboration with the Dubai Department of Finance (DoF), the Dubai Land Department (DLD), and supported by the Digital Dubai Authority via Dubai Pay, the trial enabled payments of certain government service fees using major cryptocurrencies such as Bitcoin (BTC) and Ethereum (ETH), converted into an AED-pegged stablecoin. This initiative aligns with Dubai’s long-term vision to become a fully digital economy, integrating financial innovation with public-sector services under the “City-as-a-Service” concept. How the Crypto-to Stablecoin Pilot Program Works The pilot program carried out by DLD was for the issuance of a property map service. These payments were
3 min
BingX AI Arena Debuts, Bringing Competitive AI Trading in Copy Trading
PANAMA CITY, November 7, 2025 – BingX, a leading cryptocurrency exchange and Web3 AI company, today announced the launch of BingX AI Arena, an interactive trading competition that brings together multiple popular LLM-based AI models in real-time trading battles. The initiative blends AI-driven competition with copy trading, allowing them to watch top AI models — such as Claude 4.5 Sonnet, DeepSeek V3.1 Chat, Gemini 2.5 Pro, GPT-5, Grok 4, and Qwen 3 Max — compete live and copy their trading strategies for their own trades. BingX AI Arena introduces a new way to engage with AI-powered trading through a simple formula: Watch, Copy, and Win. Users can watch live AI face-offs as models start with identical conditions—same $10,000 in real funds, same data, and same market access—where intelligence and strategy determine the outcome. As the competition unfolds, users can participate by copying trades from the best-performing or mos
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What du’s “Cloud Miner” Really Mean for Everyday Crypto Users in the UAE
UAE telecom giant du has launched “Cloud Miner”, a new cloud-based Bitcoin mining service designed to make cryptocurrency mining simple and accessible for everyone in the Emirates, requiring no specialized hardware or technical expertise. Launched under du’s technology-focused sub-brand du Tech, the service lets users rent mining power directly from du’s local data centers through a subscription model. Users on the platform can bid for mining contracts through online auctions. More Flexible Mining The company’s latest sub-brand, Cloud Miner, offers a subscription service for Bitcoin mining. Users can rent computational power (hash rate measured in TH/s) hosted in du’s UAE-based data centers. Each contract runs for 24 months, and du manages installation, cooling, operations, and energy management, and participants are informed exactly what capacity they’re renting and what to expect in terms of output. Key details of du’s offering include
3 min

How Blockchain Can Help Fight Deepfakes

The rise of AI-generated deepfakes has made it easier than ever to create convincing—but completely fake—images, videos, and even official documents. While this technology can be used for entertainment or creativity, it also poses a serious risk for misinformation, fraud, and identity theft. Blockchain, however, might just be one of the best defenses against such security challenges.   A Prime Example In a move that has brought attention to such possibilities, the government of the Philippines that could reshape public sector transparency, launching a blockchain-based notarization system on Polygon to verify government budget documents. By recording a cryptographic “hash” of each document on a public blockchain, the system creates a permanent, tamper-evident record.   Here’s how it works: When a document is created—like a Special Allotment Release Order (SARO) or a Notice of Cash Allocation (NCA)—the system generates a unique cryptographic hash based on its contents. That ha
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The GENIUS Act – What This Means for the Middle East's Digital Economy

As the digital economy races forward globally, the US is doubling down on its commitment to emerging technologies through a bold legislative step. The United States has taken a bold step by enacting the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, the first major US legislation regulating stablecoins. Signed into law by President Donald Trump, the GENIUS Act marks a turning point for the crypto industry, promising to bring stablecoins into the mainstream financial system. But what does this mean for the Middle East, particularly the UAE and the KSA, where the digital economy is rapidly evolving?   What is the GENIUS Act? The GENIUS Act establishes a clear regulatory framework for stablecoins, addressing a long-standing need for oversight in a sector operating in a legal gray area. With this bill, it joins a growing list of countries seeking to bring oversight and stability to the rapidly expanding digital asset ecosystem. Three key provisions inclu
4 min

PYUSD, USDG, and EURC: How Visa's Blockchain Expansion is Changing the Way We Pay

The future of payments is beginning to reveal itself, with TradFi payments giant Visa announcing a major expansion of its stablecoin settlement platform. Having just added support for PayPal’s PYUSD, the Paxos-issued USDG, and Circle’s EURC, and extended blockchain compatibility to Stellar and Avalanche, Visa has been making waves with a plethora of new additions to its payments infrastructure.   Coincidental Timing? The move comes just weeks after the GENIUS Act – the U.S’s first standalone regulation (Read more here!) – was passed, offering a clearer legal framework for how dollar- and euro-backed digital currencies can operate. The timing of Visa’s move here appears to be no coincidence – what could the latest move of this TradFi behemoth mean for crypto users?   For starters, it’s a big milestone for cross-border settlement. By supporting both dollar and euro stablecoins, businesses and consumers can take advantage of one o
3 min

The TradFi Wave of Crypto Adoption: From Pilot Projects to Full Integration

Crypto is no longer just for exchanges, startups, or DeFi protocols—it’s becoming part of everyday banking. In the last few weeks alone, traditional financial institutions from the UAE, to Belgium, to Japan have rolled out new crypto services, signaling a new wave of adoption from some of the world’s most trusted banks.   From Experiments to Execution For years, “crypto adoption by banks” meant pilot programs, closed beta tests, or experimental custody services – things the everyday trader wouldn’t have had access to, short of maybe some news headlines. That’s changing fast. According to a recent joint report by Ripple, CB Insights, and the UK’s CBT, traditional financial institutions have invested more than $100 billion in blockchain initiatives since 2020, with a growing focus on real-world products for customers.   The UAE’s Rakbank just became the first traditional bank in the region to enable retail crypto trading directly in its mobile app. South Korea’s Wo
3 min

Is Altcoin Season Upon Us? Here’s What the Data Says

Every few months, the same question makes the rounds in crypto circles: is it altcoin season yet? This time, there might just be reason to pay attention. The Altcoin Season Index recently hit 60—its highest point in 2025—before cooling off and rebounding to 51. That’s not an official confirmation, but it’s a sign momentum may be shifting.   What Is Altcoin Season, Anyway? In simple terms, altcoin season is when altcoins—cryptocurrencies other than Bitcoin and excluding popular stablecoins—outperform BTC over a set period. By popular definition, if 75% of the top 50 non-stablecoin assets have better 90-day returns than Bitcoin, the market is in altcoin season. Right now, we’re not quite there. But the recent spike in the index shows more coins are starting to outperform Bitcoin, signaling that traders may be rotating capital from BTC into assets like Ethereum, Solana, and other top altcoins.   Why the Momentum Matters Several factors are fueling the shift: Bitcoin consolidati
3 min

Ethena Labs & USDtb: A Milestone in Regulated Stablecoins

Ethena Labs is bringing its USDtb stablecoin—currently valued at approximately $1.5 billion – into the U.S. market through a new partnership with Anchorage Digital Bank – the first federally chartered crypto bank in the country This move positions USDtb as one of the first U.S.-dollar backed stablecoins to align with the new GENIUS Act federal regulations for payment stablecoins. Previously launched offshore, USDtb is backed by traditional assets such as BlackRock’s tokenized BUIDL money market fund and USDC, with reserves surpassing its circulating supply. This structure supports transparent redemption, audit-ready reporting, and 1:1 fiat alignment – key requirements under the new regulations. This all adds a fresh layer of regulatory credibility – a key factor for institutional adoption.   Why the Pivot? Ethena’s earlier product, USDe, is a synthetic stablecoin designed for yield and derivatives exposure, USDtb is purpose-built for payments and sett
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Week #32: Cryptocurrencies with Recent Developments to Watch This Week

Crypto markets this week are being driven by ecosystem developments and capital flows rather than price speculation alone. Cardano’s treasury‑backed upgrade plan, XRP’s institutional repositioning, and Ethena’s record‑breaking stablecoin inflows and governance token gains are shaping sentiment across different market segments. Together, they highlight the interplay of governance decisions, macro headwinds, and DeFi innovation in steering token momentum.   Cardano (ADA): Treasury‑Funded Development Push Cardano token holders have approved a major funding initiative, authorizing 96 million ADA tokens (approx. $70 million) from the treasury to support a year‑long technical roadmap proposed by Input Output Global (IOG).   The development plan allocates resources to multiple upgrades: Hydra for Layer 2 transaction scaling Mithril to streamline node synchronization Ouroboros Leios to increase base‑layer throughput Project Acropolis for a modular node architecture   These eff
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KSA's AI and Blockchain Synergy: How SaudiBERT and ALLaM Could Drive Crypto Innovation

As Saudi Arabia drives its digital transformation under Vision 2030, the convergence of Artificial Intelligence (AI) and blockchain technology is emerging as a powerful catalyst for innovation in the Kingdom’s financial ecosystem. Two groundbreaking AI models, SaudiBERT and ALLaM, developed under the Saudi Data and Artificial Intelligence Authority (SDAIA), are poised to revolutionize sectors like cryptocurrency trading by enhancing efficiency, security, and accessibility. Under the National Strategy for Data and AI (NSDAI), the Kingdom aims to become a top AI economy by 2030, attracting over SAR 75 billion in investment and training thousands of specialists in data and AI.   Saudi Arabia’s Vision 2030 The Kingdom is investing heavily in AI, with SDAIA leading initiatives to integrate generative AI across various sectors, including finance, healthcare, and logistics. A $100 billion fund for AI and technology, with plans for an additional $40 billion. Blockchain, a key
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Stablecoins Are Emerging as the Internet's Settlement Backbone

Stablecoins Are Emerging as the Internet’s Settlement Backbone In a recent interview, Noam Hurwitz—the head of engineering at Alchemy—made waves by declaring that stablecoins have now surpassed Visa and Mastercard in onchain transaction volume, citing a 7% lead and announcing these tokens are becoming the “default settlement layer for the internet”. That’s no small feat. As firms like PayPal, Stripe, and even Visa work stablecoin rails into their payment stacks, onchain dollars are powering transactions faster, cheaper, and more reliably than ever before.   From Trader Tools to Internet-Wide Infrastructure Once viewed as niche instruments for crypto trading, stablecoins have now evolved into foundational infrastructure for the broader web. Hurwitz highlights their key advantages: cheap, instant, global, and secure transfers, enabling everything from cross-border remittances to real-time settlement on services like Polymarket. Major players aren’t just exploring—they’re
3 min

What the GENIUS Act Means for Stablecoins, Traders, and U.S. Crypto Policy

The U.S. has taken a major step toward regulating stablecoins—and the market is paying close attention. The recently passed Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act is the first standalone legislation focused entirely on dollar-pegged digital assets, setting the stage for clearer rules and broader adoption. So, what exactly does this mean for traders? A Clearer Framework for Issuers Until now, stablecoin issuers have operated in a patchwork of state and federal guidelines, with some opting for offshore licensing to avoid regulatory uncertainty. The GENIUS Act aims to change that by creating a formal federal license for “payment stablecoins,” along with strict reserve, audit, and redemption requirements. Smaller issuers can still operate under state-level oversight, but larger stablecoins will now fall under agencies like the Office of the Comptroller of the Currency (OCC) or the Federal Reserve. This regulatory clarity is expected to make it easier
3 min

Week #31: Cryptocurrencies with Recent Developments to Watch This Week

This week’s market momentum continues to highlight platform fundamentals and ecosystem upgrades across key tokens. Amid evolving regulatory clarity and developer-driven innovation, select projects are gaining traction through strategic initiatives and technical breakthroughs.   NEAR Protocol: Institutional Alignment and Cross-Chain Focus NEAR is gaining attention beyond price swings largely due to its strategic collaboration with Everclear, aimed at building cross-chain stablecoin settlement infrastructure. The partnership leverages NEAR’s Chain Abstraction technology to address pain points like fragmented liquidity and regulatory compliance—targeting the $1T+ digital asset clearing market. Despite short-term volatility, analysts believe NEAR’s ability to attract institutional interest and maintain a clearly defined trading channel reflects broader confidence in its long-term roadmap. The protocol continues to position itself as a cross-chain infrastructure layer for the nex
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Truth Social’s Bitcoin ETF Plans: Bitcoin, Ether… and Altcoins

Trump Media & Technology Group—the parent company of Truth Social—is making waves in the crypto world with its latest ETF filing. The proposed Crypto Blue Chip ETF wouldn’t just track Bitcoin or Ethereum, but would include a rare mix of altcoins like Solana, Cronos, and XRP. If approved, it would mark one of the first U.S.-listed crypto ETFs to offer regulated exposure to such a diverse basket of digital assets, joining the likes of MSCI in offering a diversified crypto ETF.   A Bold Mix The ETF, filed to trade on the New York Stock Exchange’s Arca platform, would be composed of 70% Bitcoin, 15% Ether, 8% Solana, 5% Cronos, and 2% XRP. It’s a bold mix—especially considering that most U.S.-based crypto ETFs have been limited to the two dominant players: BTC and ETH. This move reflects a growing appetite among investors for broader access to the digital asset market, without the need for self-custody or multiple wallets. What makes this filing particularly noteworthy is the timi
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Risk Warning

Cryptocurrencies and their derivatives are innovative financial products with great volatility and high investment risks.

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Trading by copying or replicating the trades of other traders involves a high level of risks, even when copying or replicating the top-performing traders. Past performance of a BingX community member is not a reliable indicator of his future performance. Content on BingX's trading platform is generated by members of its community and does not contain advice or recommendations by or on behalf of BingX.