VICTORIA, Seychelles, April 23, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has significantly bolstered its reserve holdings, reporting an increase of approximately $389 million in total asset value over the past two months (as of April 21, 2025). The latest audit of MEXC’s Proof of Reserves confirms that all major cryptocurrencies are backed by reserves exceeding 100%, underscoring the exchange’s strong liquidity position and commitment to financial transparency.

Reserve Ratio Update Reflects Strong Growth

As of April 2025, MEXC’s reserve ratios continue to demonstrate solid coverage across all major cryptocurrencies:

The updated reserve ratios highlight consistent over-collateralization, reinforcing user confidence in the platform’s ability to meet withdrawal demands at any time.

Substantial Asset Growth Over Two Months

A comparison between February and April 2025 reveals a notable surge in MEXC’s asset holdings, with total on-chain reserves increasing by approximately $389.1 million:

Advertisement

The sharp rise signals robust capital inflows during this two-month period.

Strong Capital Inflow Signals Growing Market Confidence

The substantial increase in our reserves over the past two months reflects growing confidence in MEXC’s platform during recent market conditions,” said Tracy Jin, COO of MEXC. “With nearly $390 million in added value to our reserves, we’re not just maintaining our commitment to user security — we’re strengthening it.”

The latest data shows notable growth in Bitcoin and Ethereum holdings, with reserves increasing by 1,649.72 BTC and 21,264.46 ETH, respectively. At current market prices, these additions represent over $179 million in combined value, underscoring rising user activity and capital inflow.

Commitment to Transparency and Security

MEXC continues to conduct bi-monthly Proof of Reserve audits as part of its broader commitment to transparency and user trust. These regular reports allow users to independently verify that their assets are fully backed on-chain, with the latest audit confirming near-zero discrepancies between public blockchain data and platform records.

Advertisement

“Transparency isn’t just a policy at MEXC — it’s a fundamental principle guiding our operations,” added Tracy Jin. “By publishing these comprehensive reserve reports every two months, we ensure our users have full visibility into the security of their assets.

Multi-layered Security Framework

MEXC safeguards user assets through a comprehensive security architecture that includes:

1. 100%+ Reserve Backing: All user assets are fully backed with reserves exceeding total deposits
2. Insurance Fund: Provides protection against extreme market volatility
3. Regular Audits: Bi-monthly verification ensures continued compliance and transparency
4. Cold Wallet Storage: The majority of user funds are held in offline, secure cold wallets to prevent unauthorized access

The Go-To Platform for Seamless Crypto Trading

In addition to implementing robust safety measures to ensure a secure trading environment, the platform offers a variety of features and services designed to enhance the user experience. These features help traders minimize costs and maximize returns. MEXC is committed to empowering traders by enabling investments across the widest range of assets, ensuring safe and seamless transactions regardless of market conditions.

• M – Most Trending Tokens: MEXC is known for its rapid token listings and diverse selection of popular tokens, helping users capitalize on emerging opportunities. To date, over 3,000 tokens have been listed on the platform.
• E – Everyday Airdrops: MEXC makes it easy for users to engage in daily airdrop events and receive substantial rewards without complex procedures. In 2024, the platform completed 2,293 airdrop events, distributing over $136 million in rewards.
• X – Xtremely Low Fees: MEXC offers highly competitive trading fees, helping users reduce costs and maximize their growth potential.
• C – Comprehensive Liquidity: Backed by strong liquidity and market depth, MEXC ensures the efficient and seamless execution of every transaction, minimizing slippage even during volatile conditions.

These features have helped MEXC attract over 36 million users, establishing it as the platform of choice for an increasing number of traders around the world.

About MEXC

Advertisement

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, 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.

MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article about cryptocurrencies does not represent MEXC’s official stance or investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully evaluate market fluctuations, project fundamentals, and potential financial risks before making any trading decisions.

Photo – https://mma.prnewswire.com/media/2670925/1.jpg
Photo – https://mma.prnewswire.com/media/2670926/2.jpg
Photo – https://mma.prnewswire.com/media/2670927/3.jpg
Logo – https://mma.prnewswire.com/media/2668118/MEXC_new_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/mexc-strengthens-reserve-backing-with-390m-asset-increase-302435651.html

Advertisement

Following its migration to Arbitrum, MiL.k teams up with Galxe to launch global quests, drive user growth, and bring real-world loyalty rewards to the Web3 ecosystem.

SEOUL, South Korea, April 23, 2025 /PRNewswire/ — Milk Partners, the company behind the blockchain-based loyalty integration platform ‘MiL.k,’ announced a strategic partnership with leading web3 growth platform, Galxe, to connect its 1.5 million Korean users with Galxe’s 33 million-strong global community and unlock new Web3 engagement opportunities. The partnership marks MiL.k’s first global collaboration following its recent migration to the Arbitrum blockchain.

Galxe, is an end-to-end growth platform powered by analytics, automation, and engagement solutions. With over 7,000 partners, it is one of the most actively operated social platforms within the Arbitrum ecosystem, enabling user base retention and ecosystem scalability.

MiL.k’s 1.5 million users and its loyalty ecosystem – built through strategic partnerships with major corporations – will seamlessly be integrated into Galxe’s platform. Together, the two companies aim to create synergies through mid-to-long-term marketing collaborations, bridging Korea with global markets,driving community growth, and expanding their ecosystems.

As part of their first collaboration, MiL.k’s exclusive quest will gradually launch on Galxe’s platform starting April 16. The quest will be available to domestic and international users, with co-hosted quests planned with various global projects in the Arbitrum ecosystem. The collaboration will offer a range of substantial rewards and benefits for participants – providing users with an enriched web3 experience. 

Advertisement

Additionally, both parties will expand their technical cooperation to connect onchain environments between their services and make it easier for global users to access a variety of content from both MiL.k and Galxe. The collaboration will accelerate the expansion of the Web3 ecosystem through multi-layered efforts including technology integration, marketing, and global user onboarding.

Through its partnership with Galxe, MiL.k aims to collaborate with various global web3 projects within the Arbitrum ecosystem including projects in sectors such as DeFi, gamification, social, and more.

Jung Min Cho, CEO of Milk Partners, stated, “The collaboration with Galxe is significant as it marks MiL.k’s first global project within the Arbitrum ecosystem. We will rapidly enhance our position as a global project by offering new Web3 experiences and practical benefits to users worldwide through various quests we will create together.”

Charles Wayn, Co-Founder of Galxe, echoed similar sentiments,”We’re excited to welcome MiL.k to the Galxe ecosystem in expanding global Web3 engagement. By connecting MiL.k’s robust loyalty network with Galxe’s powerful growth infrastructure, we’re not only bridging Korean users to a global community—we’re unlocking a new wave of utility, collaboration, and opportunity across the Arbitrum ecosystem.”

Photo – https://mma.prnewswire.com/media/2668119/MiL_k_partners_Galxe_Expand_Network_Connect_Korean_Users_Global.jpg

Advertisement

View original content:https://www.prnewswire.co.uk/news-releases/milk-partners-with-galxe-to-expand-network-and-connect-korean-users-to-global-web3-ecosystem-302435223.html

As blockchain technologies mature and diversify, today’s highlights underscore a burgeoning shift: from consensus innovation and protocol upgrades to strategic partnerships and sustainability imperatives. In this edition, we unpack five pivotal developments shaping Web3, DeFi, NFTs, and enterprise-grade blockchain adoption:

1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week

2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability

3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain

4. Verae and Evercycle Forge Blockchain‑Enabled ITAM Partnership

5. Earth Day 2025: Why an Efficient Blockchain Is a Smart Energy Choice

Together, these stories reveal key trends—innovative consensus models, cross‑chain interoperability, tokenized asset management, and an urgent focus on energy efficiency—driving blockchain’s trajectory in 2025.

1. Activity‑Weighted Consensus Steals the Show at Paris Blockchain Week

At the recent Paris Blockchain Week Conference, the concept of Activity‑Weighted Consensus (AWC) emerged as a potential game‑changer for network security and governance. Unlike Proof‑of‑Work (PoW) or Proof‑of‑Stake (PoS), AWC allocates block‑production rights based on a node’s continuous on‑chain engagement metrics—transaction relaying, smart‑contract interactions, and decentralized application hosting. Advocates argue that this model:

Advertisement

• Aligns Incentives with Ecosystem Health: Nodes that actively support dApps, relays, and DeFi protocols earn governance weight, dissuading passive stake‑hoarding and promoting network utility.

• Enhances Security: By requiring sustained activity rather than one‑time stake deposits, AWC makes long‑term collusion and stake concentration more costly and detectable.

• Fosters Decentralized Governance: Community participants demonstrating developer contributions or sustainable validator uptime can gain voting power, democratizing protocol upgrades and treasury decisions.

During the Paris sessions, leading research teams unveiled prototypes on testnets demonstrating up to 60% reduction in attack surface compared to vanilla PoS chains, without compromising block‑finality times. Critics, however, caution that accurately measuring “useful activity” demands robust oracles and could introduce new attack vectors if measurement data is manipulated.

Opinion: Activity‑Weighted Consensus represents a vital next step in consensus algorithm innovation—bridging the gap between security, decentralization, and real‑world utility. While the implementation complexity is nontrivial, protocols prioritizing ecosystem engagement could see higher network effects and healthier token economies. If designed with transparency and anti‑gaming safeguards, AWC could become a mainstream alternative by 2026.

Source: Cointelegraph

2. Ethereum’s Pectra Upgrade: The Next Evolution in Scalability

Ethereum’s core developers have officially detailed the ambitious Pectra Upgrade, slated for Q4 2025. Building upon the success of past hard forks, Pectra aims to tackle two pillars: throughput and data availability. Key components include:

• Rollup‑Centric Sharding: Rather than full‑state sharding, Pectra introduces “data shards” optimized for rollups, increasing per‑shard throughput to 10 MB per block—3× current levels—while aggregating rollup proofs on‑chain.

• On‑Chain Data Availability Sampling (DAS): Incorporates KZG commitments to enable light clients to verify data availability without downloading entire blocks, bolstering security against data‑withholding attacks.

• EIP‑4990: Prover Optimization: Introduces optimized precompile contracts to accelerate zk‑SNARK and zk‑STARK proof verification by up to 40%, reducing gas costs for privacy and scaling solutions.

• Native Token Recycling: Pectra reallocates a portion of burnt ETH (post‑EIP‑1559) to a “Scaling Fund” administered via on‑chain governance, seeding grants for L2 rollups and data‑availability networks.

Analysis: Pectra’s rollup‑centric vision reaffirms Ethereum’s commitment to being the settlement layer for a multi‑chain ecosystem. By offloading execution to specialized rollups while securing data integrity on L1, Ethereum anticipates 50,000 TPS across aggregated rollups, vastly improving DeFi composability and reducing gas fee volatility. Critics note the increased client complexity and potential centralization risks if DAS providers consolidate.

Advertisement

Implications: For DeFi protocols, NFT marketplaces, and application developers, Pectra could slash transaction costs, enabling new use cases—from micro‑transactions to real‑time gaming—while maintaining the security assurances of Ethereum’s vast validator set. The Scaling Fund’s token recycling mechanism also sets a precedent for sustainable ecosystem funding.

Source: Gadgets360

3. Astar’s Yoki Legacy Launches on Sony’s Soneium Blockchain

In a landmark partnership bridging gaming and blockchain, Astar Network announced that Yoki Legacy, its flagship play‑to‑earn RPG, will deploy on Sony’s Soneium Blockchain starting May 2025. This collaboration offers:

• Cross‑Chain Interoperability: Utilizing Astar’s XCM (Cross‑Consensus Message) protocol, Yoki Legacy assets—NFTs, in‑game tokens, and governance rights—can transfer seamlessly between Astar (Polkadot) and Soneium, enabling multiverse gameplay.

• Eco‑Friendly Consensus: Soneium employs a hybrid PoS‑PoA model with carbon offsets verified on‑chain, aligning with Sony’s commitment to sustainability.

• Developer Toolkits: Joint SDKs allow game studios to tap both networks’ developer ecosystems, sharing middleware for asset minting, royalty management, and composable NFT design.

Opinion & Impact: This alliance signals Web3 gaming’s maturation, as major entertainment brands partner with public blockchains to reach broader audiences. Soneium’s consumer electronics pedigree and global distribution channels could propel Yoki Legacy into mainstream consoles—validating blockchain gaming beyond niche communities. Furthermore, asset interoperability across Astar and Soneium paves the way for unified gaming economies, where items retain value across genres and platforms, potentially reshaping in‑game monetization models.

Source: VentureBeat

Advertisement

4. Verae and Evercycle Forge Blockchain‑Enabled IT Asset Management

Industrial IoT specialist Verae and sustainability platform Evercycle have launched a blockchain‑powered IT Asset Management (ITAM) solution targeting circular‑economy compliance. By merging Verae’s device telemetry with Evercycle’s digital product passports on a Hyperledger Fabric network, the partnership offers:

• Provenance Tracking: Each hardware component—servers, routers, laptops—receives a tamper‑proof record of manufacture, warranty, maintenance, and end‑of‑life recycling status.

• Regulatory Compliance: Automated reporting modules help enterprises meet EU’s Waste Electrical and Electronic Equipment (WEEE) directives and emerging Right to Repair regulations.

• Tokenized Incentives: “Green Credits” are issued when devices are refurbished or recycled according to verified processes, tradable within corporate sustainability marketplaces.

Analysis: As enterprises grapple with e‑waste—projected to reach 74 million metric tons by 2030—blockchain‑backed ITAM offers both auditability and circular‑economy incentives. By tokenizing responsible disposal, companies can transparently showcase ESG compliance to investors and regulators. Critics warn of integration challenges with legacy procurement systems and potential data privacy concerns if supply‑chain partners refuse on‑chain transparency.

Strategic Takeaway: This partnership exemplifies how permissioned blockchains can underpin enterprise sustainability efforts, harmonizing environmental goals with operational efficiency. For IT procurement and finance teams, on‑chain asset management reduces manual audits, accelerates warranty claims, and unlocks new value streams through tokenized recycling incentives.

Source: PR Newswire

5. Earth Day 2025: An Efficient Blockchain Is a Smart Energy Choice

In honor of Earth Day 2025, CoinGeek highlights how next‑gen blockchains—from Proof‑of‑History in Solana to Nakamoto PoA hybrids—are slashing energy consumption compared to legacy PoW networks. Key metrics include:

Advertisement

• Energy Efficiency: Modern PoS chains consume 99.9% less energy per transaction than Bitcoin, with some layer‑2 rollups achieving sub‑gram carbon footprints per transfer.

• Carbon‑Offset Innovations: Protocols like Algorand and Cardano integrate on‑chain carbon oracles that automatically retire carbon credits proportional to network activity.

• Green Data Centers: Validators increasingly deploy in solar‑ and wind‑powered facilities, with projects like EcoChain offering renewable‑energy staking pools.

Opinion: As mainstream scrutiny intensifies around crypto’s environmental impact, energy‑efficient protocols are not just eco‑friendly—they’re competitive differentiators. Enterprises and institutional investors demand sustainability assurances; blockchains failing to address carbon footprints risk regulatory backlash and reputational damage. By spotlighting energy‑optimized consensus and renewable‑powered infrastructure, the industry can redefine itself as a driver of green innovation.

Source: CoinGeek

Conclusion: Mapping the Blockchain Horizon

Today’s briefing underscores three overarching themes propelling blockchain forward:

1. Consensus Reinvention: From activity‑weighted protocols to energy‑efficient hybrids, networks are refining consensus to boost security, scalability, and sustainability.

2. Cross‑Chain & Enterprise Integration: Interoperability—whether via rollup‑centric upgrades, cross‑chain gaming partnerships, or permissioned frameworks for ITAM—enables seamless value flows across disparate ecosystems.

3. Environmental & Regulatory Alignment: As global frameworks converge around ESG and circular‑economy mandates, blockchain applications that embed sustainability and compliance at their core will capture both market share and stakeholder trust.

For developers, enterprises, and investors alike, staying ahead means embracing not only technical breakthroughs but also governance models and partnerships that align blockchain with real‑world needs. Tune in tomorrow as we continue tracking the decentralized revolution—one block at a time.

The post Blocks & Headlines: Today in Blockchain – April 22, 2025 (Activity‑Weighted Consensus, Pectra Upgrade, Yoki Legacy, Verae–Evercycle, Earth Day) appeared first on News, Events, Advertising Options.

Advertisement