MEXC Launches $100M Crypto Protection Fund for Security Breaches

MEXC Launches $100M Crypto Protection Fund for Security Breaches

Cryptocurrency exchange MEXC has unveiled a $100 million user protection fund designed to safeguard its customers against platform breaches, technical failures, and critical security threats. The fund aims to provide immediate financial relief to affected users in the event of major incidents compromising MEXC’s infrastructure. According to MEXC, the protection fund will cover cases of direct system compromise, significant vulnerabilitie...

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