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Industry & Market Trends

16/02/2022

Virtual Assets in 2022: Is Crypto a Commodity, Currency, or Financial Product?

2021 Virtual Assets-Related Financial News Crypto marched into the physical world in February 2021 when Tesla filed with the SEC regarding its purchase of bitcoin worth $1.5 billion USD and accepted Bitcoin as a method of payment in March (then stopped the Bitcoin payment in May). As a new member of… Read More

Announcements

28/01/2022

We’ve Got a New Look! Check out XREX’s New Website!

We are excited to announce the launch of XREX’s new website! Since we started in 2018, the XREX team has worked on realizing our ideas and has developed a series of blockchain-driven products and features, including a fiat-crypto exchange, BitCheck, Risk Level Detectors, XREX Circles, and more. We have been… Read More

Announcements

26/01/2022

XREX Acquires Money Services Business License from Canada’s FINTRAC

bhe license marks a pivotal milestone in XREX’s international expansion strategy as it seeks to serve more clients in North America and around the globe XREX acquires the Money Services Business (MSB) license from Canada as it seeks to serve more cross-border merchants and expats in North America and around… Read More

Announcements

13/12/2021

XREX CEO Letter to Our Clients: We are FATF Compliant

Dear XREX users and stakeholders, When XREX began its journey, two words were far more important than any other: “Compliance,” and “Security.” We proudly announce that XREX as a fiat-crypto exchange is now fully Financial Action Task Force (FATF) compliant. We’ve achieved this by becoming a registered and active participant of Travel… Read More

Announcements

26/07/2021

Welcome XREX Consulting Chief Financial Officer — Wendy Hsu

Experienced financial executive Wendy Hsu has joined XREX as consulting Chief Financial Officer (CFO). Wendy is a seasoned finance executive based in Silicon Valley. She has a strong passion for building and scaling businesses to success. In her role at XREX, Wendy will set the overall vision and strategic plan for our… Read More

Announcements

28/06/2021

Welcome XREX Advisor — Michael Terpin

World-renowned cryptocurrency expert Michael Terpin has joined XREX as an advisor. Terpin is a serial entrepreneur experienced in media, early-stage investment, blockchain, and tokenomics design. He will advise XREX on business strategies, public relations and marketing approaches as XREX launches advanced, blockchain-based financial solutions to emerging economies. World-renowned cryptocurrency expert Michael… Read More

Industry & Market Trends

16/06/2021

Mobilization of Crypto Community Is Helping India in the Pandemic

The debates over the true value of cryptocurrencies have never ended. However, the unfortunate pandemic which the world is still suffering from has become a real scenario — the mobilization of the global crypto community and the immediate transferring of funds have successfully saved lives, especially in emerging economies, including India. Mobilization… Read More

XREX Products

11/06/2021

BitCheck 1.5 — The Most Secure Online Escrow Service for Global Transactions

We proudly launch BitCheck 1.5, a secure, fast, and improved version of XREX’s feature product BitCheck; your safest way to send and receive cryptocurrency and funds. With BitCheck, global transactions are completed within minutes, and they are secured with a world-class escrow service supported by XREX. BitCheck acts as an independent third party… Read More

Announcements

04/05/2021

Welcome XREX Advisor — Robert Neivert

XREX is pleased and excited to introduce our advisor Robert Neivert, a serial entrepreneur who has founded or worked at eight companies with four exits. Presently, Robert is a Venture Partner at 500 startups and serves as CEO to ionobell. “Most crypto companies are focused on the technology, not the solution. XREX is… Read More

Industry & Market Trends

16/04/2021

Bitcoin & Cryptocurrencies: Best Alternative to Send Money to India

Consumer-to-consumer (C2C) cross-border money transfer is defined as “Remittance”. In general terms, a remittance is a payment of money that is transferred to another party. Broadly speaking, any payment of an invoice or a bill can be called a remittance. However, remittance is most often described as any sum of… Read More

Industry & Market Trends

31/03/2021

Best Crypto Frontline Defender: XREX Risk Level Detector

XREX proudly launches “Risk Level Detector”, a new feature which helps customers detect risk levels of users’ deposit and withdrawal crypto addresses. Top security is our commitment to you. We understand it has been a challenge for crypto users to identify tainted crypto wallets; many have been scammed and lost… Read More

Anti-fraud and anti-money laundering

07/11/2020

Disclosing Nigerian Crypto Scam Group “Operation N-Fiverr”

Yesterday the XREX secops team noticed an AML alert — one of our users tried to withdraw funds into wallet: 1BT5vBb9WKudUAX51jiWi3pAawobD3mZwM; our system blocked this withdrawal due to its high CipherTrace risk score. (Also published on Hacker Noon) Nigerian Crypto Scam Group launched more than 30 different scam websites. [Investigation Summary] ======= Victims: 1000+ people from worldwide,… Read More