CoinEx, a trusted global cryptocurrency exchange, is strengthening its security infrastructure by partnering with SlowMist, a renowned leader in blockchain security. This collaboration reflects CoinEx’s unwavering dedication to ensuring user safety and providing seamless crypto trading experiences.
CoinEx is currently facing significant security breaches. This unfortunate situation has emphasized the pressing need to enhance security protocols. In September, a security breach occurred, resulting in a substantial loss of approximately $27 million.
To address security concerns, CoinEx has partnered with SlowMist, a renowned expert in blockchain threat intelligence. The main objective of this collaboration is to establish robust safeguards for user assets, particularly focusing on implementing effective measures against money laundering (AML).
Additionally, this alliance empowers CoinEx to leverage SlowMist’s cutting-edge capabilities in tracing, asset tracking, and knowledge sharing. Together, their joint efforts aim to enhance security practices and ensure the utmost protection for users’ funds.
SlowMist’s Comprehensive Security Services
SlowMist has successfully protected major platforms over the years by identifying risks and providing customized solutions. In addition to their renowned expertise in security services, SlowMist is known for developing innovative blockchain security products. It raises awareness within the ecosystem by disclosing critical vulnerabilities.
With the guidance of SlowMist, CoinEx has made it a top priority to implement AML software. This commitment is further reinforced through rigorous security audits, real-time threat monitoring, and the establishment of a 24/7 incident response mechanism. These measures are designed to bolster security measures in line with emerging risks. It gives users the utmost confidence to explore opportunities within the cryptocurrency realm.
Through strategic partnerships with SlowMist and other like-minded allies, CoinEx actively works towards creating a secure and reliable ecosystem for effortless crypto trading. This collaboration not only benefits CoinEx users but also plays a pivotal role in fostering sustainable industry growth, ensuring unfettered global participation in the exciting realm of Web3.
Read More | CoinEx Cryptocurrency Heist: $27M Vanishes In Suspected Cyberattack
“The author’s views are for reference only and shall not constitute any investment advice. Please ensure you fully understand and assess the products and associated risks before purchasing.”
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