MEXC exchange has denied ongoing insolvency rumors after users reported withdrawal delays and increased fund outflows. The crypto exchange said it will update its Merkle tree data tonight to allow users to verify the reserves directly. MEXC Outflows Surge to $5.5B Amid Liquidity Fears The exchange issued a public statement reaffirming that all assets are
The post MEXC Denies Insolvency Rumors, Faces Record Withdrawals as Users Seek Proof of Solvency appeared first on CoinGape.
Matthew Ruthven is a crypto journalist and blockchain strategist with a passion for exploring the intersection of technology, finance, and decentralized governance. With a background in software development and digital economics, he brings a technical yet accessible approach to analyzing the latest trends in cryptocurrency and Web3 innovation.
