MEXC taps Hacken for proof-of-reserves audits to boost transparency

MEXC taps Hacken for proof-of-reserves audits to boost transparency

The exchange will publish monthly, independently verified reserve reports, giving users third-party confirmation that assets are fully backed. MEXC has expanded its partnership with blockchain security platform Hacken to introduce monthly, independently verified Proof-of-Reserves (PoR) audits, marking a shift toward a more formalized transparency framework for the exchange. The monthly audits will add independent verification…

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Bybit targets Q3 launch of new Solana-based DEX Byreal

Bybit targets Q3 launch of new Solana-based DEX Byreal

Crypto exchange Bybit is launching Byreal, a hybrid decentralized exchange on Solana that combines centralized exchange liquidity with DeFi transparency. Crypto exchange Bybit has announced that it aims to release its new Solana-based decentralized exchange Byreal in the third quarter, with a testnet version coming out at the end of June.  In an  X post…

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Crypto market manipulation schemes are becoming increasingly coordinated

Crypto market manipulation schemes are becoming increasingly coordinated

As crypto market manipulation evolves, highly organized networks coordinate sophisticated schemes across exchanges, threatening market integrity. Collective vigilance and data sharing can protect the ecosystem. Opinion by: Tracy Jin, Chief Operating Officer, MEXC Market manipulation is everywhere and yet nowhere to be seen. It is an invisible threat affecting crypto and traditional markets, leaving ordinary…

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BitMEX CEO explains how perpetual swaps test altcoin value

BitMEX CEO explains how perpetual swaps test altcoin value

BitMEX CEO Stephan Lutz said observing how exchanges influence perpetual swap contracts can help traders avoid pump-and-dump schemes. As the cryptocurrency market matures, advanced trading instruments like perpetual swap contracts are increasingly influencing the value of altcoins, according to BitMEX CEO Stephan Lutz. Perpetual swap contracts are a type of crypto trading contract that lets…

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#Here’s what happened in crypto today

#Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that…

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#Here’s what happened in crypto today

#Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, OKX is reportedly under scrutiny from European Union regulators for allegedly facilitating the laundering of funds from the Bybit hack. Meanwhile, analysts warn that…

Read More