BingX Announces Trader of the Year Campaign, Celebrating 400,000 Elite Traders and $580 Billion Volume

TheNewsCryptoPublicado a 2025-12-09Actualizado a 2025-12-09

Resumen

BingX, a leading cryptocurrency exchange, has launched its "Trader of the Year" campaign to celebrate a major milestone: 400,000 elite traders and a cumulative trading volume of $580 billion in its copy trading ecosystem. The campaign will recognize top contributors across eight award categories, honoring both trading performance and community impact. It includes a community giveaway with exclusive rewards. According to Chief Product Officer Vivien Lin, this initiative reflects BingX's commitment to building user-centric, innovative products. The campaign is part of a broader effort to empower the copy trading community, following a recent comprehensive upgrade to its copy trading suite. BingX plans to further expand its functionality and interactive campaigns for its global user base.

BingX, a leading cryptocurrency exchange and Web3 AI company, today announced the launch of its copy trading Trader of the Year campaign, marking a new milestone for copy trading and its vibrant community with a total of 400,000 elite traders and a cumulative $580 billion in trading volume.

The Trader of the Year campaign recognizes outstanding contributors across eight distinct award categories, celebrating both performance and community impact. This program was created to celebrate the contributions of leading traders across the BingX community in 2025 and solidify the company’s commitment to nurturing and growing together with traders within BingX’s copy trading ecosystem.

Additionally, as part of the campaign, BingX will host a community giveaway offering exclusive merchandise and limited-edition rewards. Additional bonuses will be available to selected participants throughout the event period.

Vivien Lin, Chief Product Officer at BingX, commented: “BingX remains focused on building products that truly reflect user needs. Reaching this milestone is a testament to our commitment to building innovative, user-centric experiences for our community. Our goal is to ensure every user can access smarter, more intuitive tools and confidently connect with high-performing traders.”

This campaign is part of a broader initiative from BingX, designed to empower and nurture the copy trading community. In addition to the Trader of the Year campaign, BingX also recently announced a comprehensive upgrade to its copy trading suite, enhancing the copy trading experience with an overhauled interface and new features for users of all levels. Looking ahead, BingX plans to further expand its copy trading functionality, while developing interactive and rewarding campaigns for leading traders across its global community.

About BingX

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX 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@bingx.com
  • For more information, please visit: https://bingx.com/

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Bitcoin Withdrawals Continue: 8 Years of Storage in a Coldcard Cold Wallet Ended in Zero

Coldcard Hardware Wallet Hacked: Losses Mount Due to Vulnerable Seed Generation A critical vulnerability in Coldcard hardware wallets has led to a continued wave of fund thefts. According to Galaxy Research, the total stolen has reached 1,367.05 BTC (approx. $88.6 million) from 4,585 addresses, a significant increase from the initial 594.5 BTC reported on July 30, 2026. Most of the stolen funds remain on the attackers' addresses. The issue is not with the current firmware, which Coinkite has updated, but with seed phrases generated on vulnerable devices between March 2021 and the release of fixed firmware versions. Due to a programmer error, devices switched from using a hardware random number generator to the software-based Yasmarang generator, which was initialized with publicly accessible data like the chip's serial number. This made the seed phrases predictable through offline brute-force attacks, meaning wallets remain at risk until funds are moved to a new wallet generated with the patched firmware. Affected devices include Mk2/Mk3 with firmware 4.0.1–4.1.9 (and up to 5.0.3), Mk4/Mk5 up to version 5.6.0, and Q models up to 1.5.0Q. The only exceptions are seeds created with a high-entropy method like at least 50 independent dice rolls or a strong unique BIP-39 passphrase. All other owners must generate a new seed on the fixed firmware and transfer their assets. A case highlighting the human impact involves a 39-year-old long-term investor who lost 2 BTC (approx. $130,000) in minutes. He had accumulated the Bitcoin over eight years through physical labor, viewing it as a financial lifeline and a retirement plan in a country suffering from hyperinflation. His story underscores that even conservative "buy and hold in cold storage" strategies can be compromised by such underlying technical flaws. From a technical perspective, this incident echoes historical failures where weak random number generators undermined cryptographic security, challenging the assumption that offline storage is automatically foolproof.

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