BYDFi has announced the launch of MoonX, a Web3 on-chain trading platform designed for meme traders, aiming for a fast and secure experience. The platform incorporates advanced security technologies from Safeheron, employing Secure Multi-Party Computation (MPC) and Trusted Execution Environment (TEE) to enhance key management. Reflecting recent trends, the explosive growth in meme coin trading has highlighted significant security concerns, especially after a major breach of the DEX DEXX leading to $20 million losses. BYDFi’s partnership with Safeheron seeks to mitigate these risks and improve the overall safety of on-chain trading.
BYDFi's new platform, MoonX, is designed for meme traders, providing a fast and secure on-chain trading experience, addressing both speed and security.
As the popularity of Meme Coin trading surges, so do the security challenges; BYDFi partners with Safeheron to enhance user asset protection.
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