Dubai, UAE, Sept. 20, 2024 —

  

In response to recent security concerns faced by some cryptocurrency platforms, CoinW wants to reassure its users and partners about the robust security measures in place to protect their digital assets.

 **Cutting-Edge Security with MPC Wallet Technology**

 CoinW’s security foundation rests on its implementation of Multi-Party Computation (MPC) wallet technology. This advanced solution aims to reduce the risk of single points of failure and enhance the safety of user funds. Our MPC system has been developed with the highest standards in mind, incorporating sophisticated cryptographic algorithms that guarantee user assets remain secure even if one node is compromised.

 **Multi-Layered Node Architecture**

 CoinW’s security infrastructure comprises more than 4 nodes, each dedicated to distinct security functions, forming a robust, multi-layered defense system. By distributing key security responsibilities across multiple nodes, we effectively eliminate potential vulnerabilities that could be exploited in centralized systems. This means that, even in the unlikely event of a node failure, no single point of failure can lead to the loss of assets.

 **Significant Investment in Security**

 Security has always been a top priority at CoinW. Over the past three years, we’ve invested over $15 million in the development and deployment of our MPC wallet system. This substantial investment demonstrates our long-term commitment to providing a secure trading environment and safeguarding user assets against any potential threats. The extended timeline of our development process is a testament to the care and precision we’ve taken to build a system that stands at the forefront of blockchain security.

 **A Commitment to Continuous Security Enhancements**

 At CoinW, security is not a one-time effort but an ongoing endeavor. We continually review, test, and enhance our security measures to stay ahead of emerging threats. This ensures that our users’ funds remain safe, regardless of the challenges faced by the broader market.

 CoinW remains committed to its mission of creating a safe, secure, and seamless trading experience for users worldwide. Any security incident in the industry underscores the critical importance of building resilient infrastructure and maintaining unwavering vigilance in protecting users’ assets.

 For further inquiries, please contact our communications team at [insert contact details].

 **About CoinW**

 CoinW is a global cryptocurrency exchange offering advanced trading products and a secure platform for both novice and experienced traders. As an industry leader in security and technology, CoinW continues to innovate and safeguard the future of digital asset trading.

marketing@coinw.com

CONTACT: 
marketing@coinw.com