MEXC Launches $100 Million User Protection Fund to Combat Crypto Hacks

In the volatile world of cryptocurrency exchanges, security remains paramount. Q1 2025 alone witnessed a staggering $1.6 billion stolen by malicious actors. MEXC, a prominent centralized exchange (CEX) established in 2018 and ranking among the top ten, is taking a proactive step to address this threat. Today, they announced the launch of a dedicated $100 million user protection fund, demonstrating their commitment to safeguarding users’ assets.