Latest news with #TracyJin
Cision Canada
27-05-2025
- Business
- Cision Canada
MEXC Ventures at the Forefront of Korea's Blockchain-AI University Innovation Showcase
SEOUL, South Korea , May 27, 2025 /CNW/ -- MEXC Ventures proudly served as a key sponsor of the 2025 Korea University Blockchain Startup Ideathon, held on May 16 at Korea University's Hana Square. Co-located with the National Center of Excellence in SW AI Startup Ideathon, organized under the National Program of Excellence in Software Universities, which includes 48 universities such as Korea University, Hanshin University, KAIST and Yonsei University, the event showcased emerging ideas in blockchain and artificial intelligence from students and early-stage entrepreneurs across Korea. Hosted by Korea University's College of Informatics and jointly organized with the KU Blockchain Research Institute and TokenPost, the blockchain track received 27 team submissions, from which 10 teams were selected through a competitive preliminary review to advance to the final round. Similarly, the AI track saw 36 entries, with 10 finalists selected. Across both tracks, 208 participants registered for the competition. On the day of the final presentations, over 600 attendees—including students, faculty, industry professionals, and investors—gathered to experience the culmination of this large-scale university-driven ideathon. MEXC Ventures served as a premier sponsor of the blockchain track, alongside the Korea Internet & Security Agency (KISA), LG CNS, and Tether. The AI track, organized under the same program, was supported by Koscom and Toss, contributing to a diverse and collaborative innovation ecosystem across both domains. As part of its sponsorship, MEXC Ventures presented the "MEXC Ventures Award" to the team AlchemyLab in recognition of their creativity and potential in decentralized applications. The blockchain track featured several distinguished awards, including the President of KISA Award (Pondmakers), Dean of Korea University College of Informatics Award (ArcSync), and the KU Blockchain Research Institute Award (IPSHOP). Other industry-sponsored recognitions included the Tether Award (Nestyle), along with special prizes for innovation (Q-medicine), convergence (TokenSquare), and creativity (EyeOfTime). Tracy Jin, COO of MEXC Ventures, joined the event as a keynote speaker, delivering a session titled "Catching the Next Wave: How Blockchain and AI Are Shaping Startup Innovation." In her remarks, Jin emphasized: "Today's students aren't just learning — they're building. This new generation is deeply connected to what comes next in technology. Events like this show how universities can be the launchpads for real change, and we're proud to stand alongside Korea University in supporting this movement." The judging panel for the blockchain track included Seolbin Choi, representing MEXC Ventures, alongside respected figures from Koscom, LG CNS, Kim & Chang, and Toss. This event marks MEXC Ventures' first official university-backed blockchain engagement in Korea. The company reaffirmed its commitment to further supporting Korea's blockchain talent pipeline and strengthening bridges between academia and the Web3 ecosystem. In parallel with the ideathon, MEXC Ventures also organized AI x Web3 Connect at the Hana Square Exhibition Hall on the same day. Co-organized with the KU Blockchain Research Institute, the exhibition brought together major players in the AI and blockchain ecosystem for a day of hands-on demos, startup showcases, and industry networking. Projects and companies such as Tether, OKX Wallet, and Avalanche participated in the exhibition, further enriching the event's technical depth and global relevance. About MEXC Ventures MEXC Ventures is dedicated to accelerating blockchain and web3 innovation through investment, project incubation, and strategic partnerships. With the philosophy of "Empowering Partners and Growing Together," MEXC Ventures provides founders with capital, resources, and global network access to help scale their ideas into impactful businesses. Visit MEXC Ventures.
Cision Canada
21-05-2025
- Business
- Cision Canada
MEXC Partners with TON for Groundbreaking $1 Million Crypto Event
VICTORIA, Seychelles, May 21, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange, today announced an industry-disrupting partnership with The Open Network (TON) that introduces a $1 million reward pool campaign and fundamentally challenges established exchange revenue models. Launching today and running through June 20, the "TON Triumph" campaign eliminates all trading fees on TON pairs while offering staking returns that dwarf typical yields by up to 100 times. In an unprecedented move that signals a significant shift in exchange competition strategies, MEXC will offer new users access to staking opportunities with up to 400% APR on TON tokens—creating what analysts describe as the most aggressive user acquisition campaign in the cryptocurrency exchange sector this year. "This partnership represents a strategic inflection point for both the TON ecosystem and the broader exchange landscape," said Tracy Jin, COO of MEXC. "By eliminating all typical entry costs into TON trading for a full month while simultaneously offering returns that outpace all competitors, we're not simply running a promotion—we're fundamentally changing how users engage with emerging Layer-1 ecosystems." Campaign Transforms Market Access and Investment Returns The 30-day campaign introduces multiple disruptive elements that directly challenge other exchanges' TON market dominance: Zero-Fee Trading Structure: Complete elimination of fees on TON/USDT, TON/USDC, and TON/EUR spot pairs, TONUSDT futures, and all TON/USDE network withdrawals—removing traditional revenue mechanisms that have defined exchange business models. Industry-Leading APR: New users can stake TON tokens to earn up to 400% APR, positioning the offering at 100 times higher than typical cryptocurrency staking returns and several hundred times above traditional banking products. Democratized Trading Access: Zero-fee structure gives retail traders access to the same economics previously available only to professional and institutional traders, significantly leveling the playing field. Limited-Time, First-Come Allocation: High-yield staking pools operate on a first-come, first-served basis with participants limited to 250 TON tokens per user, creating immediate urgency for early participation. The campaign also includes passive rewards of up to 8% daily APR for USDE holders, spot trading rewards from a pool of 32,500 TON, and a futures trading competition with 100,000 USDT in bonuses. TON Ecosystem Expansion and Infrastructure Advancement This partnership is pivotal for The Open Network, which continues to gain momentum through its connection to Telegram's 900+ million users and growing developer ecosystem. The collaboration represents a significant leap forward in TON's accessibility and adoption curve. By drastically reducing barriers to entry while providing exceptional incentives, the campaign accelerates the integration of new participants into the TON ecosystem, coinciding precisely with the network's rapidly expanding technical capabilities and use cases. The campaign also showcases MEXC's platform capabilities, demonstrating advanced infrastructure that can handle zero-fee trading across multiple markets simultaneously while managing high-volume staking operations with variable APR structures. Time-Sensitive Opportunity with Global Access The $1 million in rewards is available exclusively during the 30-day window, with certain high-value components like the 400% APR staking pool starting on May 21st and operating on a capped allocation basis. MEXC has created a streamlined onboarding process that allows new users to complete registration and KYC verification in minutes, with the campaign accessible to eligible participants globally through both web and mobile interfaces. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. About TON The Open Network (TON) is a fully decentralized layer-1 blockchain designed for mass adoption. Originally conceived by Telegram and now developed by the open TON Community, the network offers exceptional scalability, accessibility, and ease of use. Risk Disclaimer: The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.
Cision Canada
13-05-2025
- Business
- Cision Canada
Independent Audit from Hacken Confirms MEXC's Strong Security Standards
VICTORIA, Seychelles, May 13, 2025 /CNW/ -- As part of a systematic approach to ensuring the security, transparency and sustainability of its platform, MEXC, a leading global cryptocurrency exchange, regularly undergoes both technical and financial audits. One of the latest steps in this direction included the successful completion of a security audit by Hacken, a leading Web3 cybersecurity firm. The audit found no critical or high-risk vulnerabilities in the MEXC mobile application and confirmed that previously identified minor issues were fully addressed. Key Takeaways: No critical or high-risk vulnerabilities were identified. All minor issues flagged during the audit were promptly resolved. The platform demonstrates adherence to robust security protocols and architecture. The audit conducted under the comprehensive Hacken's pentest methodology framework assessed all possible vulnerabilities of the MEXC app to attacks from malicious actors and exploitation. Hacken confirmed that MEXC's existing security measures provide comprehensive protection against known threat vectors. The audit also reviewed the platform's operational architecture, emphasizing a balance between usability and security. Specifically, Hacken highlighted the MEXC app's user-centric design and simplified navigation, which significantly improve the trading experience for both beginners and experienced traders. Special attention was given to the app's infrastructure around trading execution, data handling, and fund transfer mechanisms. MEXC has already addressed and resolved all low-risk vulnerabilities and risks that were flagged by the audit to strengthen the app's resilience and improve the overall user security and trading experience. The prompt resolution highlights the exchange's transparency towards its users and commitment to protecting its ecosystem from emerging threats. Commenting on the audit, MEXC COO Tracy Jin stated: "External, independent verification is an essential part of maintaining user trust and ensuring accountability. We thank Hacken for their work and continue to prioritize transparency and security, as we scale our services globally." Security and transparency remain key priorities for MEXC. In addition to successful technical audits, the exchange regularly confirms its financial stability through regular independently verified Proof of Reserves reports. This data is available to users and partners and meets industry standards for openness and control over user assets. The full security audit report by Hacken is available at LINK. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto". Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, frequent airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. About Hacken Hacken is a trusted blockchain security auditor on a mission to make Web3 a safer place. With a team of 60+ certified engineers, it provides solutions covering all aspects of blockchain security, such as smart contract & protocol audits, bug bounties, and security assessments. Hacken has been raising the bar for blockchain security, working with more than 1,500 Web3 projects since its inception in 2017.
Cision Canada
02-05-2025
- Business
- Cision Canada
From Exchange to Ecosystem Builder: MEXC Celebrates 7th Anniversary at TOKEN2049 Dubai with $300M Ecosystem Development Fund Launch
VICTORIA, Seychelles, May 2, 2025 /CNW/ -- MEXC, a leading global cryptocurrency exchange serving over 36 million users, concluded its successful participation as a Title Sponsor at Token2049 Dubai, where the company celebrated its milestone 7th anniversary and announced a groundbreaking $300 million ecosystem development fund. 7 Years of Excellence: A Foundation for Ecosystem Expansion The premier crypto event, which took place from April 30 to May 1, 2025 in Dubai, provided MEXC with the perfect platform to commemorate seven years of growth and innovation in the cryptocurrency space. During the celebratory "Celebra7e MEXC Cocktail Party", Tracy Jin, COO of MEXC, delivered an inspiring opening speech highlighting the exchange's remarkable journey. "Seven years may sound short, but in the fast-moving world of crypto, it's a lifetime," Jin told attendees. "To thrive in this ever-evolving space takes resilience, vision, and trust—and we've only made it this far because of you." Jin revealed impressive growth metrics: the MEXC team has nearly doubled to 2,000 employees across Growth, R&D, and Business Support divisions. The platform now offers more than 3,000 crypto assets and has built a community of over 2.25 million Twitter followers and approximately 193,000 Telegram members. "We've also hosted over 2,293 airdrop events, distributing over $136 million in rewards," Jin added. "This is our way of thanking you for your ongoing trust and loyalty." $300 Million MEXC Ecosystem Development Fund Unveiled The highlight of MEXC's Token2049 Dubai participation was the official announcement of its $300 million Ecosystem Development Fund, signaling the company's strategic evolution from an exchange service to a comprehensive ecosystem builder. The five-year fund represents MEXC's commitment to fostering blockchain innovation across multiple sectors. The fund will focus on strategic investments in public chains, stablecoins, wallets, and media platforms, providing not only financial backing but also leveraging MEXC's exchange business cooperation to deliver enhanced value to portfolio projects. This dual approach positions fund recipients to benefit from both capital investment and operational synergies within the MEXC ecosystem. "After seven years of market resilience, MEXC is uniquely positioned as a trusted ecosystem partner," said Tracy Jin. "This fund represents our vision for the future of decentralized finance and our commitment to supporting the next generation of blockchain innovations." Alongside the ecosystem fund, MEXC Ventures launched "IgniteX" – a $30 million, five-year CSR initiative to foster Web3 talent and innovation. The program will support early-stage startups, research, developer communities, and academic institutions, with focus on decentralized infrastructure, AI-blockchain integration, stablecoins, and fintech. IgniteX combines mentorship, education, and funding to build a future-ready ecosystem and prepare the next generation of Web3 users and leaders. Industry Insights Shared at Panel Discussion MEXC's presence at Token2049 Dubai extended beyond celebrations and announcements to include thought leadership. Tracy Jin participated in a panel discussion titled "What's Next for Crypto Markets: The Exchange Perspective" on the OKX main stage on 1 May. The discussion explored upcoming trends, challenges, and opportunities in the cryptocurrency exchange sector, with Jin offering insights drawn from MEXC's seven years of operational experience. During the panel, Jin emphasized MEXC's continued focus on product innovation and market expansion while maintaining its core commitment to being "Your Easiest Way to Crypto" for users worldwide. Successful Side Events Strengthen Community Connections MEXC hosted multiple successful side events throughout TOKEN2049 Dubai, including the "Celebra7e MEXC Cocktail Party," "Dao People x MEXC: VIP Party" at BIRDS, a "TR KOL Exclusive Yacht Party" aboard Xclusive Yachts, and participation in the "AFTER2049" event at Be Beach. These gatherings provided valuable networking opportunities for industry professionals, partners, and MEXC community members. At the company's exhibition booth, MEXC showcased its revolutionary DEX+ platform and displayed a collection of seven limited-edition anniversary merchandise items that proved popular with attendees. Throughout the conference, MEXC representatives conducted product demonstrations, engaged with visitors, and discussed potential partnerships. Behind the scenes, Jin noted that MEXC's service team has resolved more than 1 million user requests and recovered over $1.8 million in user assets—underscoring the company's commitment to security and user experience. Looking Ahead As Token2049 Dubai concluded, MEXC's successful participation not only celebrated its past achievements but also laid the groundwork for its future vision. The announcement of the $300 million Ecosystem Development Fund, combined with ongoing product innovations and market expansion efforts, positions MEXC for continued growth in its eighth year and beyond. About MEXC Founded in 2018, MEXC is committed to being "Your Easiest Way to Crypto." Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding. MEXC Official Website | X | Telegram | How to Sign Up on MEXC
Cision Canada
01-05-2025
- Business
- Cision Canada
MEXC Ventures Announces $300 Million Ecosystem Development Fund at Token2049 Event
VICTORIA, Seychelles, May 1, 2025 /CNW/ -- MEXC Ventures, the investment arm of the global cryptocurrency exchange MEXC, has unveiled a $300 million Ecosystem Development Fund aimed at accelerating blockchain innovation and ecosystem growth over the next five years. The initiative was officially announced at Token2049 in Dubai on April 30, aligning with MEXC's 7th anniversary and reaffirming the company's evolution from a trading platform to a full-scale Web3 ecosystem builder. The new fund marks a strategic pivot in MEXC's positioning — from a user-focused exchange to a foundational force in blockchain infrastructure. With this move, MEXC plans to foster long-term value across the entire crypto landscape by supporting early-stage technologies, public chains, wallets, and other decentralized tools that drive the future of Web3. "We see this commitment as an opportunity to position MEXC well above its perceived place in the industry as an exchange service. We can and intend to offer much more through this investment, driving businesses and users to our ecosystem with a value offering built on best practices. Our ultimate vision is to transition from a trading venue to an ecosystem platform that will cater to all the needs of crypto industry participants in unique, innovative, and attractive ways," as Tracy Jin, COO of MEXC exchange, commented on the upcoming announcement. The Ecosystem Development Fund foresees the establishment of an investment and cooperation linkage model that will connect the different businesses with the broader MEXC ecosystem to drive value. The trusted basis of MEXC as a leader in innovation will be used to expand and enhance the overall trading experience for users by offering support beyond capital. Cooperation between exchange business and investments will focus on the development of public chains, stablecoins, wallets, and media platforms as part of the MEXC ecosystem. Comprehensive selection criteria will be announced for projects interested in joining the new initiative. The new development will allow projects to attract investments and attain visibility, thus advancing their integration across industry services. This will, in turn, give users access to new services, upping their overall experience and building trust. Greater integration and cooperation between businesses, projects and users will ultimately positively impact the industry as a whole, advancing innovation and promoting adoption across different markets and regions. Existing initiatives within the MEXC ecosystem include Ethena, a leading innovator in the stablecoin space. MEXC has made a strategic investment of $16 million in Ethena and has also purchased $20 million worth of USDe, Ethena's synthetic dollar. In collaboration with Ethena, MEXC launched several joint campaigns that have gained significant traction in recent weeks, driving strong user engagement. ENA, Ethena's native token, has showcased up to $15 million in trading volume over the past 24-hour timeframe. Such results indicate strong support for the products on the part of users, as well as demand from a liquidity standpoint. MEXC had recently invested in Ethena and launched a number of joint campaigns focused on expanding the use of public chains, wallets, and media platforms. MEXC is determined to elevate the positioning of the platform beyond its perceived status as a trading venue to its full potential as an industry ecosystem element. Such a transition is aimed at building greater value for users and making the crypto environment more attractive to both businesses and investments. MEXC invites all projects in the crypto space to join its latest initiative. About MEXC Ventures MEXC Ventures is a comprehensive fund MEXC dedicated to driving innovation in the cryptocurrency sector through investments in L1/L2 ecosystems, strategic investments, M&A, and incubation. Upholding the principle of "Empowering Growth Through Synergy," MEXC Ventures is committed to supporting innovative ideas and active builders. MEXC Ventures is an investor and supporter of TON and Aptos, and looks forward to staying at the forefront of TON and Aptos innovations while actively engaging with builders to drive ecosystem growth.
