CoinEx and SlowMist Join Forces to Strengthen Crypto Security

Date:

Trending

HONG KONG, Oct. 25, 2023 /PRNewswire/ — CoinEx, a global cryptocurrency exchange serving over 5 million users worldwide, today announced a new strategic alliance with SlowMist, a premier and reputable blockchain security provider, further to strengthen the platform’s security infrastructure and protections. This collaboration builds on CoinEx’s ethos of prioritizing security and user interests while enabling hassle-free crypto trading since its inception in 2017.

- Advertisement -

Elevating Existing Security Infrastructure
By integrating SlowMist’s capabilities and expertise in blockchain threat intelligence with CoinEx’s crypto trading platform, this partnership aims to create robust safeguards for user assets. CoinEx and SlowMist will be focusing especially on AML (Anti-money laundering) for now. Also, this partnership enables CoinEx to tap industry-leading capabilities in tracing, asset tracking, and knowledge sharing to enhance security practices. Most importantly, to continue demonstrating CoinEx’s unwavering commitment to user interests and user-centric values.
Building Comprehensive Security Services and Innovative Products
Founded in 2018 by industry veterans, SlowMist offers a comprehensive suite of security services including AML (Anti-money laundering) software, audits, monitoring, threat intelligence, and consulting. The company has safeguarded major platforms by identifying risks and providing tailored solutions. SlowMist also developed innovative blockchain security products and has discovered and disclosed many critical vulnerabilities to raise awareness across the ecosystem. SlowMist’s specialized expertise will reinforce CoinEx’s defenses and enable seamless, secure crypto trading. 
Underscoring CoinEx’s Commitment to Platform Security
The collaboration represents the latest move in CoinEx’s unrelenting efforts to evaluate and upgrade security protocols. With SlowMist’s guidance, CoinEx will be implementing AML (Anti-money laundering) software as the paramount focus right now alongside rigorous security audits, real-time threat monitoring, and 24/7 incident response. This empowers the exchange to constantly enhance protections in line with evolving risks. As a result, users can seize opportunities in crypto with complete assurance. 
By collaborating with allies like SlowMist, CoinEx is constructing a more secure and reliable ecosystem for a seamless crypto trading experience. Together, the partnership is contributing to the industry’s sustainable growth so users across the world can explore the Web3 scene freely. While CoinEx offers 700+ coins and tokens and 1,100+ trading pairs with 100% reserve, this strategic alliance exemplifies CoinEx’s commitment to upholding security and usability as its core values. By providing a premier platform protected by industry-leading security protocols, CoinEx strives to realize its vision of making crypto accessible for all.
About CoinEx
Established in 2017, CoinEx is a global cryptocurrency exchange committed to making trading easier. The platform provides a range of services, including spot and margin trading, futures, swaps, automated market maker (AMM), and financial management services for over 5 million users across 200+ countries and regions. Founded with the initial intention of creating an equal and respectful cryptocurrency environment, CoinEx is dedicated to dismantling traditional finance barriers by offering easy-to-use products and services to make crypto trading accessible for everyone.

View original content:https://www.prnewswire.co.uk/news-releases/coinex-and-slowmist-join-forces-to-strengthen-crypto-security-301966795.html

- Advertisement -

THE SNAPSHOTS

Sign up to get quick snaps of everyday happening, directly in your inbox.

We don’t spam! Read our privacy policy for more info.

- Advertisement -

Support our independent journalism PayPal (Outside India) For PayU (For Indian Readers).

More Latest Stories

More Articles

The Ultimate Guide to Choosing and Using Fonts in Your Design Projects

Fonts play a crucial role in every design project, from branding and web design to print media and beyond. Whether you’re a beginner just...

Predictive Analytics: The Key to Supply Chain Resilience

In today’s interconnected global economy, supply chains are the lifeblood of businesses, weaving intricate networks that span continents, industries, and suppliers. Yet, these networks are inherently vulnerable. For too long, supply chain risk management has been a reactive endeavor—a frantic response to disruptions triggered...

Empowering Growth: Boosting the Robotics Sector with Targeted Support

India's robotics sector is emerging as a key area of technological progress, driving innovation...

Software and Technology Changing the Industry

The advent of software and technological advancements has been a game-changer across various industries....
00:02:53

Canada, Australia Partner to Build $6 Bn Arctic Radar System

In a bid to enhance Arctic and national security, Canada's Prime Minister Mark Carney...

Meta Chief Legal Officer Jennifer Newstead Offloads Shares as Part of Trading Plan

According to regulatory filings, Jennifer Newstead, Chief Legal Officer at Meta Platforms, Inc. (NASDAQ:...

Alphabet Board Member Frances Arnold Increases Stake Following Dividend Allocation

According to a recent regulatory filing, Frances Arnold, a board member at Alphabet Inc.,...

Alphabet COA Amie Thuener O’Toole Increases Stock Holdings

In a filing with the U.S. Securities and Exchange Commission (SEC), Alphabet Inc.’s (NASDAQ...

Jensen Huang Offloads $49.8Mn in Nvidia Shares

Nvidia (NASDAQ: NVDA) CEO and President Jen-Hsun Huang has disclosed the sale of 431,611 company shares, valued at $49.8 million. According to a regulatory filing...

Elon Musk’s X Sues Indian Govt Over Content Regulation Clash

X Corp, an Elon Musk-owned social media firm, sued the Indian government in the...

Why Smart Cities Are the Future of Water Conservation

Water conservation has become an important factor due to climate change and worsened water...

IIT Madras and SPF Partners to Enhance Policy Framework for Indian Startups

Indian Institute of Technology Madras (IIT Madras) has entered into a Memorandum of Understanding...

Alphabet CEO Sundar Pichai Increases Stocks Holdings Amid Dividend Adjustment

According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Alphabet...

Layer PR Wins SME News UK Awards, Expands to Bengaluru

Layer PR, a global public relations firm owned by TechGraph, has secured two major awards at the SME News UK Awards as "Most Innovative...

Google Acquires Wiz for $32 Billion in All-Cash Deal

Google LLC, a subsidiary of Alphabet Inc. (NASDAQ: GOOG, GOOGL) has signed a deal to buy Wiz, a New York-based cloud security company, for $32 billion in an all-cash deal. The deal, which needs regulatory approval and standard closing conditions, will bring Wiz into Google...

The Sustainability Imperative: How IT Distribution Is Driving Green Tech Adoption

In today's day and time sustainability is no longer just a corporate commitment, it...

The Future of Digital Payments and Cybersecurity Challenges

The future of digital payments is evolving rapidly, driven by technological advancements, changes in...

The Role of Edge Computing in AI-Powered Cloud Solutions

With businesses including artificial intelligence (AI) in their operations, cloud computing has grown in...

From Startup to Success: Essential Steps for Landscaping Entrepreneurs

Starting a landscaping business is so exciting, blending creativity with the reward of transforming...

‘Canada Ripping Us’: US President Trump Criticizes High Tariffs on Dairy and Lumber

U.S. President Donald Trump on Friday slammed Canada’s high tariffs on American dairy and...

Trump Defends Elon Musk Plan for Federal Job Cuts; Govt Spending ‘Bloated’

Following a meeting with Elon Musk and senior cabinet members, U.S. President Donald Trump...

Demand for plumbers in Oman: which specialists are most in demand?

The demand for skilled plumbers in Oman is steadily increasing due to the country's...

Meta Executive Chris Cox to Sell $13.5 Million in Shares

Meta Platforms (NASDAQ: META) Chief Product Officer Christopher Cox has filed to sell 20,000...

Empowering Communities with Water Tech

This is a major problem worldwide; it affects billions of people in homes, villages,...

IIT Madras and SPF Partners to Enhance Policy Framework for Indian Startups

Indian Institute of Technology Madras (IIT Madras) has entered into a Memorandum of Understanding...

How a Money Back Policy Can Be a Smart Financial Choice?

Creating financial security involves strategic planning because investment decisions form one of the essential...

“We Are Not America”: Canada’s New PM Mark Carney On Trump’s Comment On Making it 51st state

In his first public remarks, Canada's New Prime Minister, Mark Carney, reaffirmed Canada's independence...
00:01:37

UK PM Kier Starmer Abolishes NHS England To Bring Health Services Under Govt Control

British Prime Minister Keir Starmer has announced plans to abolish NHS England and bring...
00:01:09

VIDEO: US President Donald Trump Calls NBC A ‘Worst Network’ On Television

During a press meeting at the Oval Office on Wednesday, US President Donald Trump...

Alphabet CEO Sundar Pichai Increases Stocks Holdings Amid Dividend Adjustment

According to a regulatory filing with the U.S. Securities and Exchange Commission (SEC), Alphabet...

Meta Executive Chris Cox to Sell $13.5 Million in Shares

Meta Platforms (NASDAQ: META) Chief Product Officer Christopher Cox has filed to sell 20,000...

Logistic Startup Picckup Secures $500K in Seed Funding to Expand Electric Fleet

A Mohali-based mid-mile and last-mile logistic startup, Picckup, on Thursday, raised $500K in series...

Empowering Communities with Water Tech

This is a major problem worldwide; it affects billions of people in homes, villages,...