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Announcements

28/04/2023

Save $8 on fees for every USD deposit to the XREX USD-crypto exchange

USD-crypto exchange XREX has launched a new USD deposit promotion: for the month of May, there will be a waiver of $8 deposit fees for all USD deposits, regardless of the deposit amount. To those who hold assets in USD, invest in US stocks, or wish to trade cryptocurrencies with USD, this… Read More

Industry Trends

01/03/2023

TFTA 2023: VASPs Urge Collaboration with Regulators to Strike a Balance Between Risk and Innovation

“The Journey to Obtain a License” panel discussion at the TFTA 2023 FinTech Conference moderated by Wayne Hunag, Co-founder and CEO of XREX. Representatives from Binance, Circle, Woo Network, and OwlTing Group are present. (Photo by XREX) The TFTA 2023 commenced on the 23rd in Taipei, bringing together experts from… Read More

Announcements

18/01/2023

XREX Partners 14 Organizations to Launch Joint Blockchain Cybersecurity Defense Network

International crypto-fiat exchange XREX announced a partnership with 14 leading blockchain security organizations and companies worldwide to launch a joint blockchain cybersecurity defense network. The partner organizations will share the latest information on blacklists and cyber threats, as well as pool resources, knowledge, and expertise, to protect the exchange and… Read More

Announcements

06/01/2023

XREX, SlowMist, and Several Security Companies Jointly Launched Web3 Cybersecurity Academy

The XREX team has partnered with blockchain security company SlowMist, GoPlus Security, Numen Cyber Technology, ScamSniffer, and WTF Academy, which recently received a grant from the Ethereum Foundation, to jointly launch Web3 Cybersecurity Academy. The Academy will be publishing articles and sharing knowledge in collaboration with global cybersecurity communities. The… Read More

Industry Trends

27/12/2022

Building Safe Exchanges Together — Proof of Solvency Rather Than Proof of Reserves Will Demonstrate User Assets Have Not Been Misappropriated

This article was first published on November 22, 2022 on xrex.io in Mandarin Once among the world’s top three exchanges, FTX suddenly went bankrupt, leaving a gap between liabilities and assets of more than US$9 billion. Retail investors in cryptocurrency, Web3 venture capitals, institutions, and banks around the world lost their… Read More

Industry Trends

27/12/2022

Building Safe Exchanges Together — Proof of Liabilities for User Assets in an Exchange: Three Generations of Merkle Tree’s Technological Evolution

This article was first published on November 22, 2022 on xrex.io in Mandarin As we have discussed in a previous article titled “Proof of Solvency Rather Than Proof of Reserves Will Demonstrate User Assets Have Not Been Misappropriated,” a valid proof of custodial asset solvency is necessary for an exchange to… Read More

Announcements

19/10/2022

XREX Participates in Unitas Sandbox, a New DeFi USD Exchange-Rate-Derived Stablecoin Protocol

We are pleased to announce that XREX is participating in Unitas sandbox and has listed USD1, USD91, and USD971 today. Unitas is the first over-collateralized, USD exchange-rate-derived stablecoin protocol for multiple emerging markets. USD1, USD91, and USD971 are the first three tokens issued for the protocol’s sandbox phase. Unitas stablecoins reflect the… Read More

Announcements

13/10/2022

Crypto Security: XREX Successfully Defended Against NCC Group’s Penetration Test

According to Chainalysis, hackers have stolen more than $1.9 billion from exchanges and DeFi projects by July this year, a 60% increase over the same period of time last year, including more than $600 million from the hack of the blockchain network used by Axie Infinity, a leading NFT GameFi… Read More

Industry Trends

06/10/2022

Three Dimensions of Decentralization: Stablecoin and DAO as Examples

Note: This article was first published in Mandarin for Taiwan’s CommonWealth Magazine in May 2022. The word “decentralization” comes from “centralization” and is the spirit of blockchain technology. However, as decentralization has evolved, many question how decentralized can blockchain be when many of its applications such as stablecoins and exchanges are fundamentally… Read More

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