{"id":159767,"date":"2025-06-12T11:00:48","date_gmt":"2025-06-12T08:00:48","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=159767"},"modified":"2025-06-11T15:33:18","modified_gmt":"2025-06-11T12:33:18","slug":"mexc-sets-up-100m-emergency-fund-to-protect-users-from-major-security-incidents","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/mexc-sets-up-100m-emergency-fund-to-protect-users-from-major-security-incidents\/","title":{"rendered":"MEXC Sets Up $100M Emergency Fund to Protect Users From Major Security Incidents"},"content":{"rendered":"<p>The initiative is designed for rapid deployment without the typical delays of traditional insurance. If a security breach is confirmed, a dedicated internal team\u2014spanning risk, compliance, and cybersecurity\u2014will quickly assess the incident and determine compensation based on the losses.<\/p>\n<p>Unlike other platforms that keep such mechanisms opaque, MEXC has made wallet addresses linked to the fund publicly available and plans to expand oversight through potential third-party audit partnerships.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/trumps-cftc-pick-pledges-crypto-regulatory-clarity-for-blockchains-future\/\" title=\"Trump\u2019s CFTC Pick Pledges Crypto Regulatory Clarity for Blockchain\u2019s Future.\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/cftc-1-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Trump\u2019s CFTC Pick Pledges Crypto Regulatory Clarity for Blockchain\u2019s Future.<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The fund currently equals around 2.5% of MEXC\u2019s daily trading volume, which recently surpassed $3.9 billion, according to CoinMarketCap data.<\/p>\n<p>This move follows a string of high-profile attacks across the industry. In early 2025 alone, over $1.6 billion in crypto was stolen, most of it linked to a single exploit allegedly tied to North Korea\u2019s Lazarus Group.<\/p>\n<p>MEXC\u2019s leadership says the fund is about more than optics\u2014it\u2019s about accountability in an industry still grappling with persistent security threats.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Crypto exchange MEXC has launched a $100 million protection reserve to safeguard users in case of platform-level breaches or critical failures, positioning itself as one of the few players in the space offering real-time compensation for technical breakdowns or hacks.<\/p>\n","protected":false},"author":3,"featured_media":159768,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[22],"tags":[],"class_list":["post-159767","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MEXC Sets Up $100M Emergency Fund to Protect Users From Major Security Incidents<\/title>\n<meta name=\"description\" content=\"Crypto exchange MEXC has launched a $100 million protection reserve to safeguard users in case of platform-level breaches or critical ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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