MEXC selects Hacken as independent audit partner to evaluate Proof of Reserves...

This article is machine translated
Show original

MEXC selects Hacken as independent audit partner to review Proof of Reserves monthly

MEXC , the world’s leading cryptocurrency exchange, announces an expansion of its partnership with Hacken to incorporate monthly Proof of Reserves (PoR) audits into standard operating procedures. This move expands the existing security relationship, creating a comprehensive transparency mechanism to provide users with independent and consistent verification of asset escrow.

MEXC 's latest Proof of Reserves data shows that core asset reserves remain above 100%, ensuring that all user deposits are fully backed. Users can verify their assets at any time through MEXC's Merkle Tree system , which provides encrypted Proof of Reserves on a dedicated verification page.

Hacken is a comprehensive blockchain security and compliance partner for digital assets. Unlike traditional providers, Hacken is built on blockchain, combining deep Web3 expertise with enterprise-grade quality, proactive AI-powered security, and globally recognized certifications. Since 2017, Hacken has been trusted by 1,500 organizations, including the European Commission, ADGM, MetaMask, Ethereum Foundation, and Binance, to secure new digital frontiers.

To further enhance transparency and accountability, new monthly audits conducted by Hacken will further strengthen this user-facing infrastructure with independent expert verification, thereby increasing institutional oversight of MEXC’s open reserve data. The first audit report is expected to be released by the end of November. Hacken will serve as the external independent auditor, publicly publishing the reserve verification reports without any interference with the content from MEXC.

Each monthly report will verify MEXC ’s reserves against user balances for key digital assets. Hacken will publish the report publicly, creating an auditable record of the exchange’s financial health over time. This ongoing audit addresses a key issue in current industry practice, providing a stronger standard of transparency that complements MEXC’s monthly PoR reports.

This partnership expands a relationship that began with Hacken’s 2025 security audit of MEXC’s Mobile App . The expansion from periodic system audits to monthly reserve verifications marks a significant increase in scope, shifting the focus from technical infrastructure to ongoing transparency. MEXC ’s commitment to monthly independent audits sets a clear standard for operational transparency, reinforcing the exchange’s long-term focus on user protection and accountability.

Introducing MEXC

Founded in 2018, MEXC mission is "Crypto Trading at Your Fingertips". With over 40 million users in over 170 countries and regions, MEXC affirms its position with a diverse and trendy cryptocurrency portfolio, attractive Airdrop and competitive trading fees. Designed to be user-friendly and easy to use, MEXC caters to both beginners and professional investors, ensuring a safe and efficient digital asset trading experience. MEXC prioritizes simplicity and innovation, bringing an easy and promising crypto trading journey.

MEXC Official Website X Telegram MEXC Registration Guide

Introducing Hacken

Hacken is a comprehensive blockchain security and compliance partner for digital assets. Unlike traditional providers, Hacken is built on blockchain, combining deep Web3 expertise with enterprise-grade quality, AI-powered attack protection, and globally recognized certifications. Since 2017, Hacken has been trusted by 1,500 organizations, including the European Commission, ADGM, MetaMask, Ethereum Foundation, and Binance, to secure new digital frontiers.

Note: This is content posted by the community, Coin68 does not directly support any information from the above article and does not guarantee the truthfulness of the article. Readers should conduct their own research before making decisions that affect themselves or their businesses and are ready to take responsibility for their own choices. The above article should not be XEM as investment advice.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments