Cointime

Download App
iOS & Android

MetaTrust Labs Partners with MUFEX to Enhance Web3 Security and Trading Experience

Validated Project

MetaTrust Labs successfully completed the smart contract audit for MUFEX and established strategic partnership.

MetaTrust Labs, a leading provider of Web3 security solutions, has recently concluded a comprehensive smart contract audit for MUFEX, an innovative decentralized exchange (DEX). This milestone has also paved the way for a strategic cooperation between MetaTrust Labs and MUFEX, aiming to deliver a heightened level of security and an enhanced trading experience for blockchain users.

The world is witnessing the rapid transformation brought about by blockchain technology. However, with this progress comes an escalating array of security threats. To tackle this challenge head-on, MetaTrust Labs and MUFEX have joined forces, capitalizing on their expertise and resources in Web3 security and DEX domains. Together, they aim to provide comprehensive solutions for the blockchain ecosystem.

MetaTrust Labs, renowned for its leadership in Web3 security, boasts a team of experts with extensive experience in the field. The company offers three security products: MetaScan, MetaScout, and MetaScore, designed to safeguard Web3 projects at both the application and physical layers. MetaScan is an automated smart contract security scanning tool that identifies potential vulnerabilities and provides repair suggestions. MetaScout is a real-time on-chain threat monitoring and defense tool, capable of detecting and blocking hacker attacks on Web3 projects. Lastly, MetaScore is a comprehensive Web3 application security assessment and ranking tool that furnishes users with trustworthy security indicators.

MUFEX, situated at the forefront of the cryptocurrency industry, is an innovative DEX that boasts several notable advantages. Notably, MUFEX's MLP liquidity pool significantly reduces slippage, offering precise and unparalleled trading opportunities. This cutting-edge feature enhances the overall trading experience, ensuring seamless execution and improving market efficiency—all with a commitment to delivering an excellent user experience. In addition to its technical prowess, MUFEX places great importance on exceptional customer service. The team consists of nearly 30 experienced entrepreneurs from well-known exchanges such as Binance, Bybit, Huobi, and MEXC. They possess the ability to redefine user engagement and unlock the limitless possibilities within the cryptocurrency industry.

MetaTrust Labs' professional team conducted an in-depth analysis and testing of MUFEX's smart contract code. Utilizing AI scanning technology and manual audit methods, they comprehensively evaluated and optimized the smart contract from multiple dimensions, including logic, function, security, and performance. The aim was to ensure that MUFEX's smart contract adhered to the highest security standards. As a result, the two parties decided to establish a long-term strategic cooperation relationship in the realm of Web3 security protection, thereby promoting the development of blockchain security and innovation.

Expressing his delight, Daniel, MetaTrust Labs' senior security officer, said, "We are delighted to cooperate with MUFEX and provide them with professional smart contract audit service. We believe that MUFEX is an innovative and forward-looking DEX with strong technical strength and an excellent team. We look forward to maintaining a long-term cooperative relationship with them and jointly providing more secure and reliable solutions for the Web3 ecosystem."

DY, MUFEX's marketing director, also expressed excitement about the deepened cooperation, stating, "We are very grateful to MetaTrust Labs for providing us with high-quality smart contract audit service. They are leaders in the Web3 security field, possessing rich experience and professional technology. They not only helped us discover and fix potential vulnerabilities but also provided us with valuable suggestions and feedback. We believe that our cooperation will foster greater trust and support."

MUFEX is thrilled to announce the Mainnet Beta launch, ushering in a new era of seamless and secure cryptocurrency trading. This beta phase offers privileged users an exclusive chance to experience MUFEX's cutting-edge platform. With the official Mainnet launch approaching, MUFEX is set to revolutionize cryptocurrency engagement with advanced features, enhanced security, and an exceptional trading experience.

About MUFEX

MUFEX is a groundbreaking decentralized perpetual trading exchange committed to delivering an excellent user experience. Through the use of ZKP technology, MUFEX ensures user privacy and asset security while enhancing overall trading performance and experience. Leveraging smart contract wallets, MUFEX provides a seamless registration and login process akin to Web2.0, eliminating the need for mnemonic phrases or private keys, all while guaranteeing the security of personal assets. MUFEX offers a trading experience similar to traditional centralized exchanges and employs an innovative MLP liquidity pool to minimize slippage, thereby enabling precise and unparalleled trading opportunities. By championing chat2Trade, MUFEX aims to make trading ubiquitous, supporting the widespread adoption of Web3. The platform introduces an industry-leading alliance system, surpassing conventional norms, and providing excellent customer service. 

About MetaTrust Labs

MetaTrust Labs is a global leader in Web3 AI security services and audit solutions, providing developers and project parties with powerful AI security tools to effectively protect project and contract security. Their service scope includes AI security scanning, security audits, and security monitoring. MetaTrust Labs offers fast, accurate, and effective solutions for every stage of the software development life cycle, assisting builders in effortlessly creating secure Web3 applications. With a developer-centric approach, MetaTrust Labs integrates numerous advanced security scanning engines into a single platform, ensuring unparalleled speed and accuracy to safeguard the development and application of Web3 projects. The team at MetaTrust Labs comprises highly skilled security researchers and experienced professionals from academia and industry, offering a range of automation tools and security services to assist Web3 developers and project stakeholders in creating a secure development environment.

Follow Us

Website: metatrust.io

Twitter: @MetaTrustLabs

Comments

All Comments

Recommended for you

  • US Official: Ukraine Agrees to Avoid Strikes on Non-Russian Tankers and Black Sea Oil Facilities

    On August 8, according to a US official, Ukraine has agreed not to target certain non-Russian tankers and Black Sea infrastructure vital to Kazakhstan's crude oil exports. This follows ship attacks last month that caused loading disruptions. The US official said Ukraine has set up contact points so commercial shipping companies can communicate information and ensure safe passage. The commitment was reached after meetings between senior US government leaders and Ukrainian leadership, marking a potentially significant step toward increasing regional oil shipments. Previously, activity in the region had cooled significantly due to several recent attacks near the Caspian Pipeline Consortium terminal in Russia's Novorossiysk. (Jin Shi)

  • U.S. July Nonfarm Payrolls Fall by 23,000, Missing Market Expectations

    On August 7, U.S. nonfarm payrolls decreased by 23,000 in July, compared with market expectations of an increase of 80,000, and the previous value was an increase of 57,000.

  • US May and June Nonfarm Payroll Additions Revised Down by 103,000 Combined

    On August 7, the US Bureau of Labor Statistics: May nonfarm payroll additions were revised down from 129,000 to 63,000; June nonfarm payroll additions were revised down from 57,000 to 20,000. After the revisions, the combined additions for May and June were 103,000 lower than previously reported.

  • U.S. Rate Futures Market Sees Lower Odds of Fed September Hike

    On August 7, the probability of a Fed rate hike in September as priced by U.S. interest rate futures declined.

  • New York Gold Futures Top $4,400 per Ounce

    New York gold futures topped $4,400 per ounce, up 2.36% on the day.

  • Japan Finance Minister: FX Market Affected by Moves Not Driven by Actual Demand

    Japanese Finance Minister Satsuki Katayama said she and U.S. Treasury Secretary Bessent agreed that the foreign exchange market has been affected by moves not driven by actual demand.

  • BTC Breaks Through $65,000

    Market data shows BTC has broken through $65,000, currently reported at $65,007.44, with a 24-hour increase of 0.6%. The market is highly volatile, please exercise risk control.

  • Brent Crude Drops 2.00% Intraday to $81.07/Barrel

    Brent crude oil fell 2.00% during the day, now at $81.07 per barrel. (Jin Shi)

  • Trump: Data Centers May Be More Important Than Oil

    August 7 news, U.S. President Trump said in an interview with Punchbowl News, "I saw the other day that Texas seems to be opposed to building data centers. I think that's a mistake. I'm not taking a position—I just think it's a mistake, because there are other communities that want to build data centers. When a community is willing to accept data centers, it means a lot of money will flow into that community. I don't think they're ugly. Some of the data centers I've seen are the most incredible buildings I've ever seen. They are very important to the economy. If Texas says no to data centers, that's a mistake, because data centers may be more important than oil."

  • Trump to Meet with Mining Executives

    On August 7, according to CCTV International News, US President Trump will convene executives from some of the world's largest mining companies at the US State Department on August 7 local time, in an effort to take action to 'secure critical mineral supplies for the US and its allies.' Reuters reported that the US urgently needs critical minerals to replenish weapons inventories depleted during the war against Iran. During the more than five-month war with Iran, the US military expended large quantities of precision-guided missiles and air defense interceptors. US defense officials and lawmakers have warned that given existing production capacity constraints, replenishing some stockpiles could take years—although the Trump administration has denied reports of a so-called 'severe shortage of ammunition stockpiles.' According to Pentagon officials and defense companies, supplies of minerals such as rare earths, tungsten, germanium, and scandium are essential for manufacturing precision-guided missiles, fighter jets, armored vehicles, infrared sensors, and other advanced weapons systems. Expected attendees include industry giants such as global mining giant Rio Tinto Group, Australia's BHP, US Freeport-McMoRan, US Mountain Pass Materials, US Rare Earths, US Energy Fuels, and Canada's Metals Company. According to sources, the Trump administration plans to announce multiple deals and memorandums of understanding.