ACY Review: Is It Safe? Fees, App & Ranking

ACY

3.46

2-5 years

Not Regulated

Broker

Questionable Regulatory License

No Regulatory License

Be aware of the risks!

Basic Information

Country/Region

Saint Vincent and the Grenadines

Exchange AbbreviationACY

Company NameACY Capital LLC

Operating Period2-5 years

Websitehttps://acy-ch.com/en/

Trade TypeContract Trading

0.00/10

Score

Regulation

Risk Control

Business

Reputation

Tech

RiskNotice

2 risk alerts

High Risk 1

Medium Risk 1

Exchange Overview

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News

Ethereum Foundation backs default wallet privacy as Kohaku work advances

Share　　Link copied　　The Ethereum Foundation has backed default privacy in wallets by sharing an update on Kohaku, a software development kit integrating three privacy protocols, and arguing that attackers should have less access to users onchain histories.　　SummaryEthereum Foundation says default wallet privacy can limit attackers‘ use of users’ onchain histories.Kohakus SDK includes integrations with Railgun, Privacy Pools and Tornado Cash.Ambire has spent months testing Kohaku integrations, with no public launch date announced.Vitalik Buterin and Nicolas Consigny are scheduled to demonstrate Kohaku using Ambire at Devcon.　　In its Oct. 26 X post, the Ethereum Foundation said that the past week‘s attacks and exploits had reinforced its view that privacy and security belong together. Its message quoted Jordan Enev’s update on Kohaku, which named Railgun, Privacy Pools and Tornado Cash among the SDKs integrations.　　“Were glad to support wallet tools advancing privacy,” the Foundation wrote.　　“You can worry less about an attacker utilizing your onchain history against you when privacy is a default.”　　The Foundation‘s statement focused on limiting the information available to attackers. Enev’s accompanying post addressed the work needed to put privacy features inside wallets, describing Ambires integration efforts and a planned demonstration at Devcon.　　You might also like:　　Ethereum Foundation opens role for AI security researcher　　Ethereum

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WikiBit Exchange Exit Risk Rankings #48: MEXC (MXC) — Zero Trading Fees, 500x Leverage, and 3,000+ Tokens, but Are Compliance and Risk Controls Ticking Time Bombs Beneath the Surface?

Introduction: An Exchange That Trades Anonymity for Security and Product Power for Trust　　In our first 47 installments, we examined a series of exchanges, from HashKey to Bitfinex. In Issue #48, were taking a closer look at one of the most unusual players in the entire crypto industry: MEXC, also known as MXC or “Macha.”　　When it comes to product offerings, MEXC has become something of a benchmark in the crypto world: founded in 2018, with more than 40 million users worldwide, over 3,000 listed tokens, zero maker fees, leverage of up to 500x, and a reputation for being one of the fastest exchanges to list new tokens. It frequently opens centralized exchange (CEX) trading for projects just hours after they launch on decentralized exchanges (DEXs).　　Sounds like a degen traders paradise, doesnt it？　　But theres another side to the story.　　The UKs Financial Conduct Authority (FCA) has issued a warning. The Netherlands Authority for the Financial Markets (AFM) has flagged the platform as non-compliant. Seychelles Financial Services Authority (FSA) has initiated enforcement action. Dubais Virtual Assets Regulatory Authority (VARA) has imposed a fine. Japans Financial Services Agency (FSA) has issued warnings. South Koreas Financial Services Commission (FSC) has taken steps that resulted in the

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Why centralized exchanges refuse to list legacy crypto tokens without explicit SEC immunity

The issuer of a cryptocurrency token that has never traded on a major exchange has presented an early test of the U.S. Securities and Exchange Commissions (SEC) proposed safe harbor framework.　　Crypto wallet backup firm Vault12, backed by Winklevoss Capital and Naval Ravikant, warned that the SECs proposed token safe harbor could leave exchanges unwilling to list tokens because of the risk of a later regulatory challenge.　　The safe harbor is part of the SECs Regulation Crypto Assets proposal, issued in August to establish conditions under which a token would no longer be subject to its original investment contract.　　Vault 12 raised $17.45 million from 38 investors through agreements for future tokens in 2018 and detailed how Vault Guardian Token (VGT) has never traded on a centralized exchange, it said in in a comment letter on Tuesday.　　The letter presents questions about the SECs proposed path for older crypto projects to move their tokens out of securities treatment.　　Vault12 says its 2018 token sale fits that path almost exactly: it has fulfilled or formally abandoned every commitment in its white paper, yet its token has never been listed. Its concerns echo a comment letter from industry group The Digital Chamber, which Vault12 says it supports.　　Exchanges

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