Dear Pundians,

Crypto market is challenging for many while one of the world’s top exchanges FTX filed its bankruptcy immediately after frozen its users’ withdrawal. This again reminds us all to keep the digital assets in the wallet that we own our private keys. At Pundi X, we provide merchants onchain crypto payment and crypto sale services via XPOS. Users are able to buy and pay crypto directly with their self custodial wallets on the blockchain networks they prefer using. They don’t need to worry any middlemen to freeze their assets. This feature has been released and available for all merchants to use.

Let’s take a look at the highlights in October.

PRODUCT DEVELOPMENT

Lightning network is now available

XPOS supports not only accepting Bitcoin but also selling Bitcoin via lightning network. The customer can use their own bitcoin wallets that support lightning network to pay or buy BTC from XPOS.

XPOS added USDT TRC-20 token support

Requested by XPOS merchants, we have added USDT TRC-20 support. This month, we have completed the integration of Tron blockchain. Merchants can now receive USDT TRC-20 payment and sell USDT TRC-20 tokens to users’ Tron private wallets.

Learn how to receive USDT TRC-20 payment via XPOS

Learn how to sell USDT TRC-20 via XPOS

Pundi X Chain blockchain explorer is now on Starscan

Launched in October 2021, Pundi X Chain is the payment blockchain in Function X. In October, with the growth of Function X blockchain, the explorer has now operated independently and has a new name called “Starscan.” You can find transactions on Pundi X Blockchain via Starscan.

XPOS MERCHANT UPDATES

Crypto payment accepted via XPOS in a street festival in Japan 🇯🇵

New physical XPOS exchange store at City Center Outlet in Türkiye🇹🇷

TOKEN UPDATES

Binance Loans adds $PUNDIX as a collateral asset and Binance Earn

https://www.binance.com/en/support/announcement/ce83575be4a64cd6a5fc83a4b2707e71

https://www.binance.com/en/earn/pundix

$PUNDIX is now available for Singaporean🇸🇬 residents on Coinbase

Winner announcement of redeeming $PURSE for Amazon Gift card

EVENTS AND ACTIVITIES

Winner announcement of the Pundi X High 5

In late September, we have celebrated Pundi X 5th anniversary by launching various campaigns, including t-shirt design, XPOS transaction mining, XPOS 50% off sales, and sharing birthday wishes. Thank you for your participation and congratulations to all winners!

https://blog.pundix.com/2022/09/28/pundix-high-5-anniversary-winners-revealed/

Pundi X spoke and exhibited in Fintech Festival Ghana organized by Standard Chartered Bank

Pundi X shared insights about DeFi at Singapore Actuarial Conference

Shin Liang Chin, Head of Data Science, spoke in the panel of Decentralized Finance- Emerging opportunities and risks.

Pundi X participated in Infineon’s OktoberTech event

Q3 progress report

As planned, Q3 progress report has been published, covering our R&D progress, dApps on XPOS as well as having XPOS distributor in South Africa to talk about the upcoming deployment. You can read the summary here: https://blog.pundix.com/2022/10/13/q3-2022-progress-report/

Lugano’s Plan ₿ Forum

Pundi X participated Plan ₿ Forum held in Lugano. This is great to a city committing to take Bitcoin for mass adoption.

As we are approaching the end of 2022, crypto development and adoption continue in a full speed even in a market downturn. It’s the best time to build.

Stay tuned to all the news and updates on our official social media pages and website. See you next month!