Zoomex Targets Custody and Audit Weaknesses in Platform Overhaul

Zoomex, a cryptocurrency exchange launched in 2021, has announced improvements to its platform architecture aimed at addressing vulnerabilities related to custody, internal controls, and audits. The company referenced issues experienced by past exchanges such as FTX, Mt. Gox, and Bitfinex.

Zoomex stated that its systems are designed to eliminate weaknesses seen in previous exchanges, though the post did not disclose further details regarding the specific measures or controls implemented.

The exchange offers trading in derivatives and spot cryptocurrencies via web and mobile platforms, supporting copy trading, both centralized and decentralized exchange options, and allowing leverage up to 1:150.