Blockchain
MEXC Activated the “Investor Protection Fund” in Response to the Dragoma (DMA) Incident, and Launched the “Potion” Airdrop Compensation Benefits
A few days ago, the Polygon Network ecosystem project Dragoma (DMA) experienced abnormal price fluctuations after its listing on MEXC, as it fell sharply from 0.85USDT. MEXC immediately suspended DMA/USDT trading on August 8th due to abnormal on-chain transactions.
MEXC Exchange
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It is understood that although MEXC announced an emergency plan immediately and closed related trading activities, some users still incurred certain losses due to the incident.
In order to minimise users’ loss, MEXC has withdrawn fund from the “MEXC Investor Protection Fund” to purchase USTD potion airdrops for affected users.
According to the relevant compensation benefits rules, users who traded DMA/USDT from 21:00 on August 7th to 09:20 on August 8th on MEXC will be eligible for this “USDT Airdrops Program”. At present, MEXC has completed the distribution of compensation benefits for all the above-mentioned affected users.
Founded in April 2018, MEXC currently provides one-stop services such as spot, contract, leveraged ETF, NFT index, etc. It is currently the top 10 cryptocurrency trading platform in the world. At the beginning of its establishment, MEXC set up the “MEXC Investor Protection Fund”. When platform investors suffer losses due to platform or market incidents, the “special fund” is used to compensate investors, such as the losses caused by the Dragoma incident this time.
The fund was initially obtained from the handling fee. However, in order to increase the protection of platform users, MEXC also injected 20% of other income besides handling fee into the “Investor Protection Fund”.
Information shows that Dragoma is a Polygon Network ecosystem-based project, which was listed on MEXC through MEXC community recommendation. Since then, MEXC adheres to the principles of “user-driven” and “service-oriented”, and the extensive collection of community suggestions in terms of voting for listing, community recommendation for listing, and product improvement are inseparable from the support of the platform community.
About MEXC
Established in April 2018, MEXC Global is a digital asset trading platform with over 7 million users, which offers users one-stop services including spot, margin, leveraged ETFs, derivatives trading and staking services. MEXC Global believes “User first, service foremost”, and creates a community where users can access and trade the latest best-in-class digital asset across the world. For more information, please visit the website and blog. Follow MEXC Global on Twitter.
Contact:
Company: MEXC Exchange
Name: Ming Li
Contact: [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/133356
Blockchain
UNICC and ShelterZoom Developed a Secure Document Tracking and E-Signature Solution for the UN System
The United Nations International Computing Center (UNICC) and ShelterZoom are pleased to announce a new innovative blockchain-based solution for controlling and protecting the digital data of UN entities and other international organizations. As the largest strategic partner for digital solutions and cybersecurity within the UN system, UNICC has partnered with ShelterZoom, a leading data and content protection and ownership SaaS company behind innovations such as Document Token® technology and Document GPS®.
Building upon the 50 years of experienced innovation from the UNICC, the two organizations collaborated on a transformational undertaking offering robust protection and promising increased productivity for document tracking and management. ShelterZoom will contribute its proprietary document tokenization technology, along with its data protection, document tracking and e-signature solutions to deliver a white-labeled platform, giving member organizations a greater level of governance over their content. Using ShelterZoom’s flagship proprietary Single Source Of Truth® technology, the solution provides a means for each file to be protected individually without changing user normal habits instead of having to rely solely on protecting files at the database level. This ‘singularity and control’ is a new era in cybersecurity and document management, which has never been seen before at this level of seamless integration with existing tools.
“The synergy between what we deliver and the goals of the United Nations are a perfect match for Single Source Of Truth,” said Chao Cheng-Shorland, CEO and Cofounder of ShelterZoom. “We have said from the beginning that it is time to think about cybersecurity in a completely new way and in doing so we have created a solution to address other operational pain points while simultaneously solving one of the biggest challenges facing the global population today. The UN is at the frontlines of changing the world for the better and its forward-thinking approach to using technology to address fundamental issues is critical in improving livelihoods for all.”
ShelterZoom solutions have already been in use across dozens of industries and with this new commercial partnership, they can now extend their usefulness to the UN family and other international organizations. The revolutionary method for complete document tracking with built-in productivity tools, such as digital signatures and a market-first method for organizing files inside email, is an all-in-one solution built for a global workforce. The Single Source of Truth model has the added benefit of decreasing the carbon footprint created by excessive digital waste, further supporting the sustainability goals of the United Nations.
“The need for robust cybersecurity and data protection has never been greater,” said Sameer Chauhan, Director of UNICC. “By working together with ShelterZoom, we have developed a cutting-edge tool tailored to the needs of the UN family. Our unwavering commitment to providing best-in-class solutions ensures we continue to support the digital transformation and modernization of the UN system and other international organizations.”
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