BingX Lists AgentLayer on Launchpool, Unlocking New Staking Opportunities
I’m excited to share that BingX is introducing an innovative digital asset to our Launchpool: AgentLayer ($AGENT). As a pioneering decentralized network for autonomous AI agents, AgentLayer represents a significant leap forward in permissionless collaboration between AI and human oversight. Powered by $AGENT, this new currency drives the Agent Economy on the Base blockchain, facilitating on-chain minting, deployment, and swapping of AI assets.
At BingX, we remain committed to delivering cutting-edge blockchain projects, and the listing of AgentLayer is another testament to that mission. We believe that AgentLayer represents a significant step forward in how AI agents can collaborate autonomously across industries. This token listing should make it easier for users to engage with this exciting new frontier of decentralized AI, unlocking incredible opportunities for growth and innovation.
With AgentLayer, BingX reaffirms its commitment to driving user engagement and bringing forward meaningful opportunities to our global community. We look forward to continuing to provide access to groundbreaking projects that shape the future of cryptocurrency and blockchain technology.
Full press details can be found here.
BingX Provides 1 Billion VND Aid to Support Vietnam From Impacts of Typhoon Yagi
BingX Charity, the philanthropic branch of the global cryptocurrency exchange BingX, has contributed 400 million VND to support recovery efforts in northern Vietnam following the devastation of Typhoon Yagi. This typhoon, the most powerful to strike the country in 30 years, caused widespread destruction, with hundreds of people dead or missing and thousands displaced from their homes.
In response to this disaster, BingX launched a donation campaign on September 12, 2024, committing 400,000,000 VND to the Vietnam Fatherland Front Central Committee. The donation is intended to provide urgent relief to those impacted by the typhoon, floods, and landslides. The campaign, along with public contributions, has been instrumental in delivering timely assistance. These funds will be used to rebuild communities, restore infrastructure, and supply essential items to families who have lost their homes and livelihoods.
As part of BingX’s dedication to supporting victims of Typhoon Yagi, the exchange introduced a donation-matching initiative. For every 1,000 VND donated to the Vietnam Fatherland Front Central Committee, BingX matched the amount. This initiative, which concluded on September 17, boosted the total financial aid to 1 billion VND, with 600 million VND raised through the matching program and 400 million VND from BingX’s initial donation.
In addition to these efforts, BingX hosted a charity event on September 18 to promote solidarity and compassion. This event will took place in Nam Khap Ngoai village and Trung Do village, located in Bao Nhai commune, Bac Ha district, Lao Cai province. A total of 230 charity packages containing essential supplies were distributed to residents of the region, which remains hard to reach due to its rugged terrain. The relief packages were prepared based on recommendations from local authorities to meet the community’s specific needs. BingX hopes this initiative will provide not only material aid but also inspire hope and resilience among the people, emphasizing the power of unity and humanity in challenging times.
BingX remains steadfast in its commitment to supporting global communities in times of need. The company extends its heartfelt thanks to everyone who participated in this important campaign, reaffirming that through collective action, we can help build resilience in vulnerable areas and stand ready to offer help wherever it’s needed most.
Full press details can be found here.
Did Bitcoin hit its bottom for this cycle?
Bitcoin’s highest price ever recorded was this past March, and we have been experiencing a selloff and sideways trading ever since. This begs the question: Did Bitcoin hit its bottom for this cycle? However, the announcement from the Federal Reserve today could significantly change things.
An aggressive Fed rate cut might indicate economic concerns rather than provide reassurance, putting pressure on risk assets like Bitcoin. On the contrary, investors may look to diversify from fiat currencies and seek an alternative like Bitcoin, which is generally considered a good inflation hedge. Additionally, several Bitcoin ETFs saw a reversal in their balance sheets after weeks of consistent outflows on Monday. ETFs from Fidelity, Bitwise, ARK, and Invesco recorded a combined $28.6 million in inflows, marking a vital positive sign.
Other crypto assets like Altcoins have outperformed Bitcoin since August, shedding some light on investor sentiment. This trend could suggest that investors seek higher-risk, short-term assets while the historically more stable ones find their footing on the brink of a bull or bear run. This sentiment looks to be shifting, though, as Solana and Ethereum volumes both dip.
This week will be a timid period as we trade following the economic announcements that shared slashing interest rates by half a percentage point. Anticipation of this move by the Federal Reserve easing has been a significant driver behind Bitcoin’s upward movement from $20,000 since January 2023. This begs the question: Has a rate cut already been factored into the price?
Article Highlights
It is an honor to be featured on BeInCrypto’s SheVerified section, a profile of distinct female leaders in the Web3 space. In this exclusive interview, I discussed my transition from traditional finance to cryptocurrency, my involvement in BingX Labs, and my efforts to promote inclusivity in the industry.
I was able to cover one of the most buzzed-about topics of the year with Economy Middle East: Ethereum ETF: Will other cryptos join the bandwagon? The approval of Ethereum ETFs brings more legitimacy to cryptos; check out the full details here.
BingX was voted number one in Be In Crypto’s Top Most Safe Crypto Exchanges article! The prestigious outlet highlighted our withdrawal protection, insurance coverage, and fund safety. Check out the full story here.
About Me
I’m very excited to share my interview with Cointelegraph. From social trading to comprehensive educational resources, BingX aims to make crypto trading accessible and secure for everyone. Read more about that here.
Check out the exclusive Coingape interview and gain insights into the strategic partnerships driving BingX’s growth and impact in the crypto space.
I had a fantastic chat with WU Blockchain about BRC20, BingX’s strategy in 2024, and my professional background. Check out the article linked here!
Disclaimer: BingX does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. Readers should do their own research before taking any actions related to the company. BingX is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the article. Not financial advice.