Derived from Blockchainreporter, MEXC has partnered with blockchain security firm Hacken to conduct monthly Proof of Reserves audits, aiming to enhance transparency and user trust. The collaboration includes ongoing security assessments of MEXC’s platform infrastructure, with Hacken identifying and resolving vulnerabilities in web and mobile applications, APIs, and encryption. MEXC also plans to publish reserve rates every two months and has reported over $448 million in its Insurance Fund and $618 million in exchange reserves as of February 2025.
MEXC and Hacken Launch Monthly Proof of Reserves Audits to Boost Transparency
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