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Hacken Audits MEXC and Confirms Full Asset Backing With Over 100 Percent Coverage

Hacken Audits MEXC and Confirms Full Asset Backing With Over 100 Percent Coverage

MEXC has published a fresh independent Proof of Reserves audit by Hacken, completed Nov 26, 2025. The report says MEXC holds sufficient on-chain assets to cover all user liabilities, with major assets like BTC, ETH, USDT and USDC showing coverage above 100%. Hacken used Proof of Liabilities, ownership procedures, and Merkle-tree verification across multiple blockchain networks.

Summarised by Beize from a story on Startup India Magazine on 24 Apr 2026
SEBI consent orders promise speed but raise transparency doubts for market intermediaries

SEBI consent orders promise speed but raise transparency doubts for market intermediaries

SEBI’s consent order mechanism, modeled on the US SEC’s plea-bargaining approach, is meant to quickly resolve alleged defaults by market infrastructure and registered intermediaries. But the process is drawing scrutiny over how transparent it really is, with observers questioning whether consent settlements explain outcomes clearly enough for stakeholders and investors.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Sebi to write its own conflict rules after 30 years, balancing transparency with practicality

Sebi to write its own conflict rules after 30 years, balancing transparency with practicality

Sebi has begun consultations through a high-level committee to tackle conflict-of-interest concerns within the regulator and craft a broader governance framework. The effort comes as a new regulatory regime takes shape, with the key challenge being to raise transparency while avoiding rules so heavy they slow markets. Stakeholders across the ecosystem are being heard.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
Supreme Court Unmasks Electoral Bonds as Unconstitutional After Years of Political Cash Routes

Supreme Court Unmasks Electoral Bonds as Unconstitutional After Years of Political Cash Routes

The Supreme Court of India has ruled that the electoral bonds scheme introduced in 2018 is unconstitutional, saying it violates the right to information and free speech. The court’s decision overturns the government’s claim that bonds would improve transparency by replacing cash donations. Here’s a timeline of how the scheme evolved from 2018 through 2024 and why it ultimately failed in court.

Summarised by Beize from a story on Republic on 24 Apr 2026
Maharashtra to fill 70000 govt posts with new recruitment system and tighter eligibility checks

Maharashtra to fill 70000 govt posts with new recruitment system and tighter eligibility checks

Maharashtra is rolling out a new government recruitment system to fill more than 70,000 posts in phases. The Maharashtra Public Service Commission will manage around 50,000 recruitments, while eligibility and skill-based decisions are set to become central to the process. The state expects greater transparency and efficiency, with a governance reform model taking shape within a year.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
SSC adds candidate feedback module as CGLE 2025 continues for 28 lakh aspirants

SSC adds candidate feedback module as CGLE 2025 continues for 28 lakh aspirants

The Staff Selection Commission (SSC) has rolled out a new feedback module on its website to collect inputs and concerns from candidates, aiming to boost transparency and accountability in recruitment. As CGLE 2025 moves forward for over 28 lakh aspirants, SSC has also provided rescheduled dates to around 1,100 candidates, while addressing allegations of malpractice.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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