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Announcements

26/05/2023

XREX Becomes Taiwan’s First ISO/IEC 27001:2022 Certified Crypto Exchange

USD-crypto exchange XREX becomes Taiwan’s first ISO/IEC 27001:2022 certified business Taipei, May 26, 2023 — XREX has once again been first! The crypto-fiat exchange’s information security management systems have been recognized, making XREX the first Taiwan business to be ISO/IEC 27001:2022 certified with the British Standards Institution’s (BSI) audit. Last August, XREX obtained the previous… 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

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

Industry Trends

06/09/2022

All About Tornado Cash Sanction

In early August, the United States Treasury’s Office of Foreign Assets Control (OFAC) sanctioned the cryptocurrency mixer known as Tornado Cash. In its press release, OFAC pulled no punches, labeling Tornado Cash as a notorious money laundering tool used by the likes of North Korean hackers Lazarus Group. The crypto… Read More

Industry Trends

01/09/2022

ETH2.0: The Merge is Coming; What You Need to Know and Watch Out for

ETH2.0: The Merge is Coming; What You Need to Know and Watch Out for The long-awaited upgrade for Ethereum, “The Merge’’, is fast approaching. The upgrade will be a two-step process, happening on September 6 and through September 10–20, according to the Ethereum Foundation’s August 24, 2022 blog post. There is only… Read More

Industry Trends

31/08/2022

Nine Common Web3 Hacks and Scams

In the previous article, Web 3.0 Information Security Guide — What You Need to Know about Blockchain Threats, we discussed the definition of Web3, damages/losses in Web3 security incidents, intentions and goals of hackers, and three attack methods and their prevention measures. In this article, we will continue to discuss six… Read More

Industry Trends

29/08/2022

Web 3.0 Information Security Guide — What You Need to Know about Blockchain Threats

There’s plenty of buzz around Web 3.0 and innovations in blockchain and cryptocurrencies, but few understand the hidden risks of this technology. As it is still emerging, widespread misuse raises concerns about fraud, money laundering, and hacking. In this article, the XREX information security team will introduce information security in… Read More

Industry Trends

26/08/2022

Notice on The Merge of Ethereum

The much-awaited Merge of Ethereum is slated to take place around the 15th of September. Ethereum’s Proof-of-Work (PoW) chain will migrate to the Proof-of-Stake (PoS) chain upon hitting the Terminal Total Difficulty (TTD) value of 58750000000000000000000. As with the rest of the crypto community, XREX is watching the developments closely. Read More

Announcements

08/08/2022

Basics of Blockchain: The Difference Between Blockchain, Bitcoin, and NFTs

Many people might have heard of Bitcoin, the world’s first digital currency that many predict will revolutionize the existing financial system and payments — or prove to be a massive fraud — depending on what you read and believe. The birth of Bitcoin is also the birth of blockchain technology… Read More

Announcements

21/04/2022

Ex-Fed Risk Specialist Michael Shing joins XREX as Director of Risk Management

Blockchain neo fintech company XREX Inc. announced today that Michael Shing onboards as its Director of Risk Management. Shing spent more than a decade with the Federal Reserve branches in San Francisco and New York, first as an analyst and then a senior risk specialist. Prior to his time with… Read More

Announcements

24/02/2022

XREX is rebranding with a new logo and brand identity

We are excited to launch a new XREX logo as part of the ongoing evolution of our brand. XREX reveals its new logo and brand identity which visualize its vision to redefine banking together. A new collective financial system is also in the making. XREX, a neo-fintech company, is dedicated… Read More