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Pundi X Announces XPOS Web 3.0 in Singapore Fintech Festival

It’s undeniable that Web 3.0 use cases such as NFTs and cryptocurrencies are on the rise today. A survey conducted earlier this year by management consulting company Deloitte found that almost 75% of retailers are planning to accept either cryptocurrency or stablecoin payments within the next two years. 87% of merchants broadly agree that organizations accepting digital currencies have a competitive advantage […]

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How will a stronger dollar impact the crypto market?

The US dollar is stronger than it’s ever been in decades, thanks to the American Federal Reserve System adopting a hawkish monetary stance in the face of skyrocketing inflation. Unfortunately, the side effect of the strengthening dollar is the increasing devaluation of other world currencies. Currencies like the Euro, Yen, Pound, and more have plummeted to their lowest value against […]

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Q3 2022 Progress Report

Dear Pundians, Thank you for joining our Q3 2022 Progress Report. For those who couldn’t join it live, you can watch the video version by visiting our YouTube Channel. XPOS and R&D development Lightning network support More and more people are having Bitcoin or wishing to own Bitcoin. One of the breakthrough in this quarter is to integrate the Bitcoin […]

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PUNDIX High 5 anniversary winners revealed!

Dear Pundians, Thank you for celebrating the 5th anniversary of Pundi X and joining our online celebration on September 27th, 2022! During the session, we had: It was nice to see the community so excited about the collaboration between Pundi X and Infineon, and to hear the heartwarming speeches given by our long-term community members. Your continuous support is what […]

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Notice of XPOS, XWallet and Merchant Portal services regarding the upcoming Ethereum Merge

Dear Pundians, The Ethereum Merge is estimated to happen anytime soon between Sep 14 to 15, 2022. For better security of the token transactions, Pundi X will pause all deposits and withdrawals on the Ethereum network from Sep 12, 2022 at 00:00 GMT+8 until the merge is completed and the network is stable. The affected services include: Please note that: What is […]

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High five to the PUNDIX 5th anniversary

The meaning of the number 5 varies in different cultures. According to numerology, the number five symbolizes freedom, curiosity, and change. At Pundi X, it means dedication, innovation and constantly moving forward. Since March, we’ve seen various events that shook the crypto market in an unexpected way. However, despite the market’s ups and downs, digital assets, and web3 technology are […]

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Monthly report: a recap of activities in July 2022

After the algorithmic stablecoin de-pegging event and collapse of CeFi platforms, last month, the crypto market recovered from its dip in June. With rising US dollar interest rates and inflation hitting an all-time high in many countries, we saw that inquiries about adopting crypto are also on the rise. Let’s take a look at the highlights from July: PRODUCT DEVELOPMENT […]

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Q2 2022 Token Removal Report

Dear Pundians, The token removal for Q2 2022 has been completed. We took out approximately 6,893 $PUNDIX and 1,046,331,845 $PURSE tokens from their respective supplies. After the Q2 token removal, the total supply of PUNDIX is now 258,456,915. The proof of execution is listed as follows:https://etherscan.io/tx/0x709d1b52ee91599e04a8e9273e64cbcc589fc0887ceae47594eeb35cb299781d $PURSE’s removal amount is 1,046,331,845 in Q2 2022 as of 16 July 2022. You […]

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Q2 2022 Progress Report

Dear Pundians, Thank you for joining our Q2 2022 Progress Report. For those of you who couldn’t join it live, you can watch the video version below. XPOS Development In Q2, we activated new merchants in Argentina, Brazil, Türkiye, Honduras, Japan, and UAE. Since Prospera, the special economic zone in Roatan made Bitcoin one of the legal tenders, we went […]

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Monthly report: a recap of activities in May 2022

Dear Pundians, This is the month where we take our time to appreciate the hard-working individuals and organizations who hustled amid tough bear markets. Without continuous building, the industry won’t move forward. In May, we have XPOS distributor’s marketing activities in Argentina, two crypto shop openings in Turkey, a crypto education seminar in Taiwan, a market visit to Honduras and […]

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What to expect from Consensus 2022

Consensus 2022 will take place from June 9–12, in Austin, Texas. Presented by cryptocurrency news site CoinDesk, the festival will revolve around showcasing the best that blockchain technology has to offer. Previous iterations of the Consensus festival have shed a spotlight on all sides of blockchain, crypto, Web 3, and the Metaverse. The conference attracts some of the best and brightest […]

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Monthly report: a recap of activities in April 2022

Dear Pundians, Pundi X is steadily increasing our reach around the world. Our efforts to continue growing our presence in Brazil, Japan, Taiwan, Turkey, Switzerlands, and more regions have been non-stop. In this issue, we summarized our progress in March and April. Come on and let’s go through the exciting news and updates awaiting us! PRODUCT DEVELOPMENT Decentralized XPOS (deXPOS) […]

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Roadmap of deXPOS

The future of Web3 payment for merchants Dear Pundians, Web3 is all about decentralization and it applies the same to payment. We’ve launched XPOS in 2018 while the confirmation of onchain transactions was slow and expensive. Today more blockchain networks are available in the market, offering faster processing time and cheaper network fees. To ensure XPOS a future-proof solution for […]

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Q1 2022 Token Removal Report

Dear Pundians, The token removal for Q1 2022 has been completed. We took out approximately 6,905 $PUNDIX and 65,926,543 $PURSE tokens from their respective supplies. After the Q1 token removal, the total supply of PUNDIX is now 258,463,808. The proof of execution is listed as follows$PUNDIX Q1 2022 removal transaction: https://etherscan.io/tx/0xc74f59ac8b6fd91f6bb4f208cf6b9ef333fc6bd1ab2fac24b383c63dc6abfed8 $PURSE removal amount is 65,926,543 in Q1 2022 as of […]

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Q1 2022 Progress Report

Dear Pundians, Thank you for joining our Q1 2022 Progress Report on 7th April 2022. This is the first time we host this event in a different time slot. For those of you who couldn’t join it live, you can watch the video version by visiting our YouTube Channel. POS Development Merchant Adoption In Q1 2022, except for the Pundi […]