Crypto News

Amber Group, a leading Hong Kong-based crypto finance platform announced it has hired Chiachih Wu as a Blockchain Security Specialist. Wu brings years of information security experience having worked as a security researcher across blockchain, mobile security and virtualization security industries.

Wu held positions at Intel Corporation as well as at Chinese internet company Qihoo 360 Technology Co. Ltd as a Senior Security Researcher. In 2018, Wu also founded his own blockchain security firm.

At Amber Group, Wu will be helping the company enhance its security infrastructure as the company continues expand to new geographies. Since its founding in Hong Kong, Amber Group now has a presence in Taipei, Seoul and Vancouver. Its Global X Center initiative will further expand the list in the coming months by developing localized strategies and offerings.

Last year, Amber launched the Amber App, a mobile crypto finance app for retail users. Within a span of 5 months, the app gained over 80,000 registered users and over $390 million in assets. The Amber App offers institutional-grade service with a suite of market-leading interest rate products, yield enhancement and risk management tools all within a secure mobile infrastructure. Recently, it also introduced Yield Boost, a new yield enhancement offering for users to monetize their market view on major crypto assets and earn competitive rates.

Amber Group now works with 500 institutional clients and an increasing number of retail users in over 80 countries. To date, the company has traded over $33 billion, with over $1 billion in assets under management. It is backed by leading venture firms in the crypto industry including Paradigm, Pantera, Polychain Capital, Dragonfly Capital, Blockchain.com, Fenbushi Capital and Coinbase Ventures.