MEXC Passes Hacken Security Audit—No Red Flags Found

Another day, another exchange security audit—but this one actually clears the bar. MEXC just got the all-clear from cybersecurity firm Hacken, with zero critical vulnerabilities uncovered. Cue the relieved sighs from traders who’ve seen enough ’rug pull’ headlines to last a lifetime.

Behind the scenes: Hacken’s team probed MEXC’s defenses like a crypto whale hunting for yield. Penetration tests? Check. Code reviews? Done. The result? A rare passing grade in an industry where ’funds are safu’ often feels like a prayer.

The fine print: While no major flaws were found, we all know audits aren’t bulletproof—just ask the projects that got hacked hours after celebrating their ’secure’ status. But for now, MEXC gets to flex this win while rivals scramble to match their score. Nothing motivates like FOMO, especially when VCs are watching.

Bottom line: In a world where exchanges treat user funds like roulette chips, a clean audit is the bare minimum—but we’ll take it. After all, in crypto, ’not catastrophically insecure’ counts as progress.

The audit is part of the exchange’s broader push to increase transparency and operational resilience.

Cryptocurrency exchange MEXC has completed a security audit conducted by Web3 cybersecurity firm Hacken. The assessment found no critical or high-risk vulnerabilities in the platform’s mobile application, according to a summary of the report shared by the company.

The audit, based on Hacken’s penetration testing methodology, evaluated the app’s resistance to external attacks and potential exploitation. All previously identified low-risk issues were reportedly addressed before the final report was issued.

Hacken noted that the MEXC platform demonstrated compliance with standard security protocols and emphasized a user-centric app design that balances functionality with protection. Key areas reviewed included trading execution systems, data handling processes, and fund transfer mechanisms.

MEXC’s Chief Operating Officer Tracy Jin said in a statement that third-party audits are “an essential part of maintaining user trust and ensuring accountability.”

The exchange has recently taken several steps aimed at improving transparency and infrastructure security. Earlier this year, MEXC released an independently verified Proof of Reserves report showing that the majority of user assets are stored in cold wallets. The company has also launched a $30 million venture initiative called IgniteX to support early-stage Web3 projects.

MEXC is among several exchanges responding to increased scrutiny from regulators and institutional stakeholders, many of whom are placing greater emphasis on verifiable security and operational integrity in the wake of past industry failures.

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.