How safe is AscendEX?

As a concerned investor, I can't help but wonder about the safety of AscendEX. With the increasing popularity of cryptocurrency exchanges, it's essential to choose a platform that prioritizes security. So, I must ask, how robust are AscendEX's security measures? Are they using industry-standard encryption technologies to protect user data and assets? Do they have a dedicated security team in place to monitor for potential threats and respond quickly to any incidents? I want to make sure that my funds are in good hands before entrusting them to AscendEX.