BingX Blog

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

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
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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
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BingX TalentX Internship Program Takes Off with 1,000+ Global Applicants

At BingX, we believe the future of Web3, AI, and crypto will be shaped by fresh ideas and global perspectives. That’s why earlier this year, we launched the TalentX Internship Program—and the response has been incredible. Since its debut in February, TalentX has attracted over 1,000 applications from more than 10 countries and 5 continents. From this pool of talent, 100+ interns have already joined our teams across product development, marketing, research, branding, operations, and more. More Than Just an Internship TalentX isn’t just about getting work experience—it’s about building the next generation of Web3 and AI leaders. Interns gain hands-on experience, work on real-world projects, and receive mentorship from industry experts. It’s a unique opportunity to contribute to the technologies that are transforming finance, AI, and decentralized innovation. What’s Next for TalentX? This first wave of TalentX interns is just the beginning. Bing
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Over 1,000 Candidates Applied to BingX TalentX Internship, Shaping the Future of Web3 and AI

PANAMA CITY, July 29, 2025 – BingX, a leading cryptocurrency exchange and Web3 AI company, shared a major update on the Internship Program under its Global TalentX Strategy, launched earlier this year to cultivate the next generation of Web3, AI, and crypto leaders. Since its debut this February, the initiative has gained significant global traction, attracting over 1,000 applications from aspiring talents across more than 10 countries and 5 continents. As a result, over 100 interns have been successfully onboarded into departments including product development, operations, marketing, research, branding, administration, and human resources. The TalentX Strategy goes beyond traditional hiring — it is a long-term investment in people, offering real-world experience, hands-on learning, and expert mentorship. This first cohort reflects BingX’s vision for a diverse, future-focused workforce, built to drive the next wave of decentralized innovation and AI-powered technolo
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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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USDC Meets Alibaba’s Ant Group—Here’s Why It Matters

Circle’s USDC stablecoin may soon get a major boost in global visibility—Ant Group, the fintech giant backed by Alibaba founder Jack Ma, has announced plans to integrate USDC into its proprietary blockchain, pending regulatory approval. If completed, this would link the world’s second-largest stablecoin to one of the most powerful digital payment networks in Asia. It’s a milestone moment for stablecoin adoption—and a sign of what’s to come. USDC as Part of a Trillion Dollar Ecosystem Ant Group’s international arm is building a blockchain platform designed to support a wide range of digital currencies, including tokenized assets, central bank digital currencies (CBDCs), and now, stablecoins like USDC. In 2024, Ant’s blockchain handled over $1 trillion in transactions, with about a third settled on-chain. Tapping into this network would give USDC exposure to a vast pool of merchants, institutions, and users across Asia and beyond. With Circle aiming to become the go-to digital dollar i
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Could Ripple Really Replace SWIFT?

Ripple’s CEO Brad Garlinghouse made headlines by claiming that XRP could capture 14% of SWIFT’s global cross-border payment volume within five years. It’s a bold prediction—and a direct challenge to the world’s dominant financial messaging network. But is it realistic? And what exactly makes Ripple different from SWIFT?   How Does SWIFT Work? SWIFT is the backbone of today’s global payments system. When money moves internationally—whether for businesses or individuals—SWIFT facilitates the messaging between banks. But while it tells banks where and when to move money, it doesn’t actually settle the funds. Payments often take days, with multiple intermediaries involved, adding delays and fees.   Ripple’s Approach: Moving Money, Not Just Messages Ripple is aiming to do more than replace SWIFT’s messaging layer. Its platform, powered by the XRP token, combines both messaging and settlement, enabling near-instant cross-border transactions. Here’s the key difference: SWIFT: Messa
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Learning from Your Trades: How BingX AI Trade Review Turns Mistakes into Mastery

We’ve all been there — closing a trade with a sigh and asking, “What was I thinking?” Sometimes it’s FOMO, other times it’s poor timing or misreading the charts. But what if you had an AI that could sift through your trade history, spot patterns, and explain why things went right or wrong — without the shame or sarcasm? BingX AI’s Trade Review is that quietly brilliant trading partner who doesn’t judge, just improves. Honestly speaking: hindsight is only 20/20 when you actually learn from it. Personalized Trade Debriefs BingX AI Trade Review can break down each trade by strategy, entry and exit timing, position sizing, and risk-reward ratios. Then, it compares those trades across historical market conditions to show you what worked, what didn’t, and most importantly, tell you why. Say goodbye to vague “bad luck” excuses. You’ll see if your BTC swing trade underperformed due to late entries or inconsistent si
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Is a Crypto Blue Chip ETF Possible? Here’s What It Would Take

The crypto ETF market is expanding fast, with a growing range of products offering exposure to Bitcoin, Ethereum, and even baskets of altcoins. But recently, there’s been buzz around a new question: Could we see a true “Crypto Blue Chip ETF”—and what does that even mean?   What Is a “Blue Chip” ETF Anyway? In traditional finance, “blue chip” refers to large, well-established companies with a history of stability, strong performance, and steady dividends—think Apple, Microsoft, or Coca-Cola. A blue-chip ETF typically tracks an index like the S&P 500 or Dow Jones Industrial Average, giving investors exposure to these reliable, market-leading firms. The key qualities of blue-chip investments are predictable growth, low volatility, and proven resilience through market cycles. Investors turn to these ETFs as anchors in their portfolios, expecting consistent returns and a relatively lower risk profile.   Why Crypto ETFs Don’t Quite Fit—Yet Today’s crypto ETFs look very differen
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BingX Named Title Sponsor for GM Vietnam 2025, Cementing Leadership in Web3 and AI Innovation

PANAMA CITY, July 22, 2025 – BingX, a leading cryptocurrency exchange and Web3 AI company, proudly announced its role as Title Sponsor of GM Vietnam 2025, Vietnam Blockchain Week’s flagship event and Southeast Asia’s largest Web3 gathering. Taking place August 1–2 at the National Convention Center in Hanoi, GM Vietnam 2025 will gather over 20,000 global participants — from developers and founders to investors and tech visionaries — to explore the next wave of decentralized innovation. BingX is proud to support this collaborative ecosystem where ideas and technologies converge. This partnership reflects BingX’s firm belief in innovation as the cornerstone of progress, echoed in its AI Evolution strategy, a $300M initiative to integrate AI deeply into every layer of the platform. From the BingX AI trading assistant to intelligent strategy tools, BingX is advancing a more personalized trading future — one that resonates with the spirit of
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