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MEXC Unveils "Proof of Trust" Campaign for Crypto Security, Audits, and User Protection
MEXC Unveils "Proof of Trust" Campaign for Crypto Security, Audits, and User Protection

Associated Press

time5 days ago

  • Business
  • Associated Press

MEXC Unveils "Proof of Trust" Campaign for Crypto Security, Audits, and User Protection

VICTORIA, Seychelles, June 16, 2025 (GLOBE NEWSWIRE) -- MEXC, a leading global cryptocurrency exchange, will launch Proof of Trust, a comprehensive global campaign aimed at strengthening user protection, operational transparency, and community trust across the crypto sector. This initiative combines concrete financial safeguards with security partnerships, open education, and user-first design — positioning MEXC as one of the most proactive players in an increasingly risk-conscious market. As part of the initiative, MEXC is implementing advanced security protocols and forming strategic partnerships with leading blockchain auditing firms. In March 2025, the exchange partnered with Hacken, a well-known blockchain security auditor, to support external risk monitoring and system-wide security assessments. According to MEXC COO Tracy Jin, 'External, independent verification is essential for maintaining trust and accountability. We thank Hacken for their work and remain committed to prioritizing security and transparency as we scale globally.' Central to the Proof of Trust campaign is MEXC's groundbreaking $100 million Guardian Fund, which represents one of the industry's most transparent and accessible user protection mechanisms. This fund provides comprehensive coverage for users facing severe security threats, including large-scale exploits, targeted attacks, and unforeseen system vulnerabilities. What sets this fund apart is its complete transparency—all wallet addresses are publicly disclosed on MEXC's website, allowing users to verify balances and monitor transactions through blockchain records. Unlike traditional third-party insurance with lengthy claims processes, the Guardian Fund offers agile and rapid deployment, ensuring users receive timely support. This initiative establishes a new industry benchmark for proactive risk management and demonstrates MEXC's commitment to putting user safety first. The campaign also includes a renewed focus on user empowerment through education. MEXC Learn, the platform's multilingual educational hub (available in over eight languages), provides free access to beginner guides, safety tools, and advanced trading insights — helping both newcomers and seasoned traders navigate the ecosystem responsibly. To reinforce financial integrity, MEXC now publishes enhanced Proof-of-Reserves and Security Reports on a bi-monthly basis, allowing users to verify that all major assets are fully backed independently. Current data confirms reserve ratios exceeding 100% across core cryptocurrencies — underlining the exchange's liquidity strength and long-term solvency. Importantly, MEXC remains one of the financially strongest and most secure centralized exchanges. In addition to routine Proof-of-Reserves disclosures, the exchange maintains insurance and emergency funds to protect user assets in the event of force majeure events such as cyberattacks, system breaches, or other unforeseen security incidents. In 2025, MEXC plans to increase its security and protection budgets as part of its broader commitment to making digital asset trading safer for global users. The Proof of Trust campaign by MEXC is also focused on community and engagement. The platform design is elaborated in detail to reflect user-centricity, simplicity, and innovation. Besides, UX (user experience) metrics are being continuously researched and revised accordingly. Feedback from users is a cornerstone for providing an engaging and fulfilling environment. Stories and interactive campaigns featured by MEXC add up to both positive networking and valuable experience sharing. MEXC is dedicated to maintaining the highest standards of security and user satisfaction, industry experts say. The launch of the Proof of Trust multifaceted campaign, combining unprecedented security and transparency measures with community engagement and education, is a substantial input of MEXC into the crypto industry globally. By employing such large-scale initiatives, MEXC is maintaining its leadership and trendsetter position in the market. About MEXC Founded in 2018, MEXC is committed to being 'Your Easiest Way to Crypto.' Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website | X | Telegram | How to Sign Up on MEXC Source Contact: Lucia Hu [email protected] Disclaimer: This is a paid post and is provided by MEXC. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at

MEXC Unveils "Proof of Trust" Campaign for Crypto Security, Audits, and User Protection
MEXC Unveils "Proof of Trust" Campaign for Crypto Security, Audits, and User Protection

Cision Canada

time5 days ago

  • Business
  • Cision Canada

MEXC Unveils "Proof of Trust" Campaign for Crypto Security, Audits, and User Protection

VICTORIA, Seychelles, June 16, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange, has launched Proof of Trust, a comprehensive global campaign aimed at strengthening user protection, operational transparency, and community trust across the crypto sector. This initiative combines concrete financial safeguards with security partnerships, open education, and user-first design — positioning MEXC as one of the most proactive players in an increasingly risk-conscious market. As part of the initiative, MEXC is implementing advanced security protocols and forming strategic partnerships with leading blockchain auditing firms. In March 2025, the exchange partnered with Hacken, a well-known blockchain security auditor, to support external risk monitoring and system-wide security assessments. According to MEXC COO Tracy Jin, "External, independent verification is essential for maintaining trust and accountability. We thank Hacken for their work and remain committed to prioritizing security and transparency as we scale globally." Central to the Proof of Trust campaign is MEXC's groundbreaking $100 million Guardian Fund, which represents one of the industry's most transparent and accessible user protection mechanisms. This fund provides comprehensive coverage for users facing severe security threats, including large-scale exploits, targeted attacks, and unforeseen system vulnerabilities. What sets this fund apart is its complete transparency—all wallet addresses are publicly disclosed on MEXC's website, allowing users to verify balances and monitor transactions through blockchain records. Unlike traditional third-party insurance with lengthy claims processes, the Guardian Fund offers agile and rapid deployment, ensuring users receive timely support. This initiative establishes a new industry benchmark for proactive risk management and demonstrates MEXC's commitment to putting user safety first. The campaign also includes a renewed focus on user empowerment through education. MEXC Learn, the platform's multilingual educational hub (available in over eight languages), provides free access to beginner guides, safety tools, and advanced trading insights — helping both newcomers and seasoned traders navigate the ecosystem responsibly. To reinforce financial integrity, MEXC now publishes enhanced Proof-of-Reserves and Security Reports on a bi-monthly basis, allowing users to verify that all major assets are fully backed independently. Current data confirms reserve ratios exceeding 100% across core cryptocurrencies — underlining the exchange's liquidity strength and long-term solvency. Importantly, MEXC remains one of the financially strongest and most secure centralized exchanges. In addition to routine Proof-of-Reserves disclosures, the exchange maintains insurance and emergency funds to protect user assets in the event of force majeure events such as cyberattacks, system breaches, or other unforeseen security incidents. In 2025, MEXC plans to increase its security and protection budgets as part of its broader commitment to making digital asset trading safer for global users. The Proof of Trust campaign by MEXC is also focused on community and engagement. The platform design is elaborated in detail to reflect user-centricity, simplicity, and innovation. Besides, UX (user experience) metrics are being continuously researched and revised accordingly. Feedback from users is a cornerstone for providing an engaging and fulfilling environment. Stories and interactive campaigns featured by MEXC add up to both positive networking and valuable experience sharing. MEXC is dedicated to maintaining the highest standards of security and user satisfaction, industry experts say. The launch of the Proof of Trust multifaceted campaign, combining unprecedented security and transparency measures with community engagement and education, is a substantial input of MEXC into the crypto industry globally. By employing such large-scale initiatives, MEXC is maintaining its leadership and trendsetter position in the market. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

Winger finally OPENS up about Liverpool transfer
Winger finally OPENS up about Liverpool transfer

Yahoo

time01-06-2025

  • Business
  • Yahoo

Winger finally OPENS up about Liverpool transfer

That might have been the case with Momodou Lamin Sonko, when he emerged as a candidate to sign for Liverpool back in January 2024. As exclusively revealed by Anfield Watch, Liverpool have admired Sonko for a long time. They invited him on a trial back in 2017, when he was just 12-years-old. Advertisement Many years later in 2024, Liverpool then tried to sign him after his brilliant performances in Hacken but in the end the move never happpened. Sonko joined Gent, where the Reds have continued to monitor his progress and where the youngster is still honing his skills and ready to explode. Now though he's focused on representing Sweden at U21 level and ahead of his nation's games this month, he was quizzed about Liverpool's interest. This time Sonko finally opened up about his potential transfer to the club and even his trial at the Reds. "The way I look at it is that they were already interested there and I went there and tried it out a bit," the winger told Expressen. Advertisement "I felt I was a little too young to move but they have continued to keep an eye on me. The development in Sweden has been good before I moved so it feels quite natural." Sonko then also opened up about Liverpool's interest in him during the January transfer window in 2024. "I don't actually know. I was in Hacken and tried not to think too much about sales. Then it happened quite quickly and suddenly I was in Gent. I don't really have a good idea," he said. And then Sonko also went onto lavish praise on Arne Slot and the club's brilliant season. "Yes, absolutely incredible. They have been superior in the Premier League. They looked very strong in the Champions League too before they had a tough match at PSG. It has been an incredibly good season. A very good debut season for the coaches too," he said. Anfield Watch understands Liverpool will continue to monitor Sonko and the Reds might just return for him if he has a breakout season.

Independent Audit from Hacken Confirms MEXC's Strong Security Standards
Independent Audit from Hacken Confirms MEXC's Strong Security Standards

Cision Canada

time13-05-2025

  • Business
  • Cision Canada

Independent Audit from Hacken Confirms MEXC's Strong Security Standards

VICTORIA, Seychelles, May 13, 2025 /CNW/ -- As part of a systematic approach to ensuring the security, transparency and sustainability of its platform, MEXC, a leading global cryptocurrency exchange, regularly undergoes both technical and financial audits. One of the latest steps in this direction included the successful completion of a security audit by Hacken, a leading Web3 cybersecurity firm. The audit found no critical or high-risk vulnerabilities in the MEXC mobile application and confirmed that previously identified minor issues were fully addressed. Key Takeaways: No critical or high-risk vulnerabilities were identified. All minor issues flagged during the audit were promptly resolved. The platform demonstrates adherence to robust security protocols and architecture. The audit conducted under the comprehensive Hacken's pentest methodology framework assessed all possible vulnerabilities of the MEXC app to attacks from malicious actors and exploitation. Hacken confirmed that MEXC's existing security measures provide comprehensive protection against known threat vectors. The audit also reviewed the platform's operational architecture, emphasizing a balance between usability and security. Specifically, Hacken highlighted the MEXC app's user-centric design and simplified navigation, which significantly improve the trading experience for both beginners and experienced traders. Special attention was given to the app's infrastructure around trading execution, data handling, and fund transfer mechanisms. MEXC has already addressed and resolved all low-risk vulnerabilities and risks that were flagged by the audit to strengthen the app's resilience and improve the overall user security and trading experience. The prompt resolution highlights the exchange's transparency towards its users and commitment to protecting its ecosystem from emerging threats. Commenting on the audit, MEXC COO Tracy Jin stated: "External, independent verification is an essential part of maintaining user trust and ensuring accountability. We thank Hacken for their work and continue to prioritize transparency and security, as we scale our services globally." Security and transparency remain key priorities for MEXC. In addition to successful technical audits, the exchange regularly confirms its financial stability through regular independently verified Proof of Reserves reports. This data is available to users and partners and meets industry standards for openness and control over user assets. The full security audit report by Hacken is available at LINK. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto". Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. About Hacken Hacken is a trusted blockchain security auditor on a mission to make Web3 a safer place. With a team of 60+ certified engineers, it provides solutions covering all aspects of blockchain security, such as smart contract & protocol audits, bug bounties, and security assessments. Hacken has been raising the bar for blockchain security, working with more than 1,500 Web3 projects since its inception in 2017.

Tonight's Swansea City transfer news as O'Brien sends message and boss drops big Bobby Wales update
Tonight's Swansea City transfer news as O'Brien sends message and boss drops big Bobby Wales update

Wales Online

time06-05-2025

  • Sport
  • Wales Online

Tonight's Swansea City transfer news as O'Brien sends message and boss drops big Bobby Wales update

Tonight's Swansea City transfer news as O'Brien sends message and boss drops big Bobby Wales update The latest news from the Stadium Lewis O'Brien of Swansea City (Image:) Here's your round-up of all the latest Swansea City news for Thursday, May 6. O'Brien thanks Swansea Lewis O'Brien has bid farewell to Swansea City - for the time being at least. ‌ The midfielder has been a huge hit since arriving on loan from Nottingham Forest in January, and has been a big part of boss Alan Sheehan's plans, having started all 16 games for the club since making his debut under previous coach Luke Williams in the win over Bristol City. Sign up to our Swansea City newsletter here ‌ O'Brien has already stated he'd be open to making a return should the opportunity arise, while director of football Richard Montague has similarly admitted the club would love to keep him on board. However, given he is still contracted to the club, any decision over the 26-year-old's future is likely to be in Forest's hands this summer. There's a chance O'Brien may well be made available given he's unlikely to force his way into the first team picture at the City Ground next season, but any move would likely prove testing for the Swans. Article continues below Even if Forest were to entertain another loan bid, they would likely want a fee, while the player's wage demands could also prove a significant stumbling block. "I just want to say a massive thank you to everyone at Swansea City for the past few months," O'Brien said in a message to the Jack Army on social media. "The staff, my teammates, and especially the fans who welcomed me with open arms. It's been a privilege to wear the shirt and be part of this club. I've learned a lot during my time here and will always be grateful for the experience. "Once a Jack, always a Jack!" Hacken chief speaks out on Inoussa move Hacken director of football Martin Ericsson says Swansea City have signed a player capable of presenting a 'constant threat' to opponents in Zeidane Inoussa. ‌ The winger, who has signed a five-year deal at the club for an undisclosed fee, is poised to link up with his new club on July 1, and Ericsson says the move is testament to the work being done at the club. "It is yet another confirmation that our model is successful," he said. "First of all, I am happy for Zeidane. We have had a clear plan with him from the start and the fact that it is now becoming a reality shows once again that we can sell, are interesting in that market and have a good environment where we are good at developing players. ‌ "Zeidane has been important for us, despite the two longer injury periods 'Z' has had. His individual skill, speed and physique make him a constant threat to the opponent and he has contributed strongly in, among other things, the European game last year and the fine cup game we had this year." Wales move 'likely' Kilmarnock boss Derek McInnes admits Bobby Wales is likely to complete a move to Swansea City this summer. The 19-year-old is understood to have agreed a four-year deal with the Swans, which will come into effect once he has seen out his current contract at Rugby Park. ‌ However, it seems there are still a few items to be ironed out before the deal is officially completed, with a compensation fee also likely to be required, which early indications suggest could be around £300,000. Sign up to the Swansea City WhatsApp service to get breaking news and top stories sent to your phone Sources in SA1 remain confident the deal will happen, although the player is, at the time of writing, yet to undergo a medical. Indeed, it's likely the forward's immediate focus is likely to be on the rest of the Scottish Premiership season. Speaking after his side's 2-0 win over St Johnstone, McInnes said: "I don't think anything has been finalised, but it's looking likely. Article continues below "I spoke to Bobby at the back end of last week and the start of this week and I think the deal's looking likely. "But it's still not done yet. I think once that does get done, we can speak about that and wish Bobby on his way. "I can't really say with any certainty if the reports are accurate. All I can say is that there is an interest. But I don't think it's finalised yet."

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