MEXC Launches $100M Safety Net—Shield Your Crypto From Black Swan Events
Crypto exchanges aren''t exactly known for their crisis management—until now. MEXC just dropped a nine-figure insurance policy against the next ''oops'' moment.
The $100M question: Who screwed up last time?
While traditional banks take weeks to process a $100 wire, MEXC''s moving fast with a war chest that could cover another QuadrigaCX-level disaster. The fund''s parked in cold storage (because hot wallets get burned).
Security theater or actual protection?
Exchanges love announcing funds after hacks—not before. This time? The cash is verified on-chain. Traders get real collateral, not another ''trust us'' pinky promise.
One hedge fund manager yawned: ''Peanuts compared to FTX''s missing billions.'' But for altcoin degens? It''s the closest thing to a safety net in this circus.
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The fund currently equals around 2.5% of MEXC’s daily trading volume, which recently surpassed $3.9 billion, according to CoinMarketCap data.
This MOVE follows a string of high-profile attacks across the industry. In early 2025 alone, over $1.6 billion in crypto was stolen, most of it linked to a single exploit allegedly tied to North Korea’s Lazarus Group.
MEXC’s leadership says the fund is about more than optics—it’s about accountability in an industry still grappling with persistent security threats.
