SINGAPORE, June 14, 2023 /PRNewswire/ — As the virtual currency market continues to expand and grow, the risks of fraud and theft continue to increase, putting traders’ financial security under serious scrutiny. Recently, there have been massive security attacks on blockchain projects that have resulted in the theft of cryptocurrency. These incidents underscore the importance of strict regulatory measures and strong security protections. Under such circumstances, Knnex has invested heavily in building the most secure and efficient trading platform in the world, and has adopted multi-level technical security measures, including zero-knowledge proof technology and full homomorphic encryption, to ensure the security of user transactions and personal information. In addition, Knnex has implemented multi-factor authentication and dynamic authentication to provide dual protection for user logins and transactions.
The technical development team of Knnex Group Limited was initiated by industry leader Dan Larimer. Dan Larimer also known as BM, a genius programmer, who is the only creator in the world who can achieve three consecutive top blockchain projects. Under the leadership of Dan Larimer, combined with Goldman Sachs Capital and the former Binance technical team, it has brought strong technical support and keen judgment on risk management to the Knnex.
Knnex is a verified and formally licensed exchange. Licensed exchanges can provide a more reliable, stable and secure cryptocurrency trading platform and provide better protection for users’ transactions and data. Knnex currently has MSB (Money Services Businesses) licenses in the United States and Canada, which means that Knnex has passed the strict audit of local financial regulatory agencies and complies with the requirements of local laws and regulations.
In addition, holding US and Canadian MSB licenses confirms Knnex’s status and reputation in the cryptocurrency industry. This demonstrates that the exchange’s management and technical teams have the experience and execution capabilities to provide more professional and quality trading services, providing users with a more reliable, stable and secure trading platform.
Knnex places a high priority on security and has its own security staff to that end. The security team is made up of several experienced message security experts who have extensive practical expertise as well as technological capabilities. They are on call 24 hours a day, seven days a week to respond to security incidents and risks.
In order to ensure that the security team can discover and solve problems in a timely manner, Knnex’s security system is also very complete. The system can automatically detect and monitor the operation of the trading platform, report and record abnormal events in a timely manner, so as to avoid the impact of hacker attacks and other misconduct on the platform. If any security incident or abnormal situation occurs, the security team will immediately activate the emergency plan and take countermeasures. These measures include isolating affected resources, patching vulnerabilities, tracking hacker identities, and fixing platform security vulnerabilities as soon as possible to protect the security of users’ assets and data.
The above measures can provide users with higher transaction security, so that users can trade and store cryptocurrencies more confidently.
With its powerful security technology and compliance development, Knnex exchange provides traders with a safe and stable trading environment, making it impossible for fraudsters to start. In the future development, Knnex Exchange will continue to invest more resources, continue to strive for perfection to protect the safety of customers’ funds and grow and develop together with traders.
SOURCE Knnex Group Limited