Cryptocurrency exchange CoinEx is implementing a comprehensive security upgrade to fully protect user assets.
CoinEx today announced a series of advanced security measures to fully protect user funds and provide the highest level of protection. Following the security incident, CoinEx implemented a comprehensive upgrade to its security infrastructure. CoinEx is committed to constantly improving its security protocols to maintain users’ trust in the exchange.
CoinEx Founder and CEO Haip Yang, “The security of user assets is always our top priority.” said:
We have undertaken comprehensive defense upgrades across our infrastructure, operations and capabilities to build an impenetrable fortress around our platform.
Upgraded Infrastructure for Enhanced Asset Security
The CoinEx security team has implemented a holistic approach to strike a balance between ease and security in crypto asset management in its hot wallets, including multi-signature protocols, trusted execution environments, independent infrastructure, physical separation, real-time tracking of abnormal activities, location backup of critical information, and an automatic alert system. It uses advanced mechanisms.
CoinEx’s security team has also enhanced the core cold wallet system through multi-dimensional mechanisms such as proprietary cold storage system, offline private keys, multi-signature protocols, real-time monitoring of anomalous transactions, strict whitelisting, and special hardware authentication, providing users with the highest degree of asset protection. presents.
CoinEx Custodial Fund Established to Protect User Assets
on CoinEx “user first” principle always has priority. CoinEx is fully dedicated to protecting user assets. CoinEx Protective Fund protects user assets against unforeseen risks and insures against potential events. 10% of transaction fees It serves an additional protection function by allocating Users assets insured They can transact with peace of mind, knowing that
Strategic Partnership with Leading Security Organizations
Combining the expertise of strategic allies, veterans and emerging talent, CoinEx has a future-ready security system. CoinEx, one of the leaders in cybersecurity SlowMist Technology It has established a strategic alliance with CoinEx and SlowMist will jointly establish a threat intelligence sharing network and focus on anti-money laundering (AML) traceability efforts to enhance CoinEx’s security capabilities. Collaboration includes incident tracking, asset tracking, and team information sharing. Ongoing partnerships will continue to strengthen their defenses.
Strengthening Defenses with Security Committee and Experts
When it comes to security, CoinEx never blinks. CoinEx will continue to recruit experienced experts to grow its security team and further strengthen measures to offer users the robust protections and safeguards they need to fully realize the potential of crypto. CoinEx has established a security committee dedicated to spearheading security strategies and enforcing strict monitoring procedures. This committee conducts detailed risk assessments to identify and mitigate potential threats early. Through continuous optimization of our internal security system and capacity, CoinEx provides users with a highly protected trading environment secured by industry-leading technologies.
When it comes to security, CoinEx never blinks. CoinEx will continue to recruit experienced experts to grow its security team and further strengthen measures to offer users the robust protections and safeguards they need to fully realize the potential of crypto. CoinEx has established a security committee dedicated to spearheading security strategies and enforcing strict monitoring procedures. This committee conducts detailed risk assessments to identify and mitigate potential threats early. Through continuous optimization of our internal security system and capacity, CoinEx provides users with a highly protected trading environment secured by industry-leading technologies.
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