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
We are glad to announce that the XREX exchange has expanded USD deposit and withdrawal services to support 177 countries worldwide. Both corporate and individual users can link multiple USD accounts which they can deposit or withdraw according to their needs. Furthermore, when using the USD on- and off-ramps on… Read More
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
US dollar-cryptocurrency exchange XREX released a beta version of its Proof of User Digital Asset Balance on December 30th, allowing users to directly verify on the XREX app via Merkle tree. With a user-friendly self-verification process, users can ensure that their digital assets are properly accounted for and safeguarded by… Read More
This article was first published on November 22, 2022 on tw.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 money… Read More
This article was first published on November 22, 2022 on tw.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 prove… Read More
Users on the XREX Exchange can now trade the market in any direction with the new XREX 1x Margin Short feature. Besides holding spot positions, the XREX platform now allows users to open short positions to hedge their risks in a bearish market. This allows users to take advantage of both market… Read More
Due to recent events and aftermath caused by the insolvency of FTX, there has been a widespread movement where crypto users convert coins, tokens, and stablecoins into USD as they look to tide over this period of extreme volatility. Amidst this wave, not only are users looking to avoid risks,… Read More
Dear XREX users, As the situation unfolds since FTX’s Chapter 11 filing, we’ve decided to temporarily suspend FTX Token (FTT) support from now onwards; the token has become highly volatile and subject to liquidity issues. Please note that: all FTT trading pairs are temporarily halted, FTT deposits are suspended, and… Read More