We are excited to announce that KuCoin has signed up for Open Platform, allowing its native token, KuCoin Shares or KCS, to be used in our global payment network. This means that KCS can now be used as a payment option at all XPOS merchants, as well as be carried on XPASS cards and the XWallet app. It joins other […]
With the launch of the Pundi X Open Platform and a commitment to attract good quality projects, developers and token issuers to the platform, the team has set up a fund from the Partnership Reserve Fund (PRF). The PRF will subsidize platform participants’ initial liquidity pools on the platform. To do this, we will resume funding PRF by executing NPXS buy-backs from the market.
The token removal for Q1 2019 is now completed. On May 11, we took out a total of approximately 14.5 billion tokens (7.5 billion NPXS and 6.9 billion tokens NPXSXEM) from the supply as announced.
Pundi X has been tapped as a partner for the futuristic city development in Phnom Penh — the 100-hectare mixed-use private development project in the Cambodian capital whose digital infrastructure will be permeated by blockchain.
A busy February saw us bring on a host of new XPOS merchants, new features for the XPhone and intended compliance updates to adhere to the everchanging regulatory landscape ahead of the launch of the Function X.
To better comply with ever-changing regulatory requirements, our legal team has advised the company to release the remaining unlocked tokens, starting from April 1, 2019, and to complete the program early by the end of June, 2019.
Is 2019 going to be a bear year or a bull year for cryptocurrencies? I’ll leave the prognostication up to the crystal ball gazers. But what I can say with certainty is that 2019 is going to be a year of more aggressive regulatory development governing crypto and increased scrutiny of crypto-related businesses.
Thank you for participating in the AMA session. Please find a summary of Zac’s answers below (some answers have been lightly edited for clarity and conciseness).
Dear Pundians, Mass adoption of blockchain-based technology in retail payments has always been the vision of the Pundi X project. We’ve been steadily building to deliver the vision over the past year. Today we have an ecosystem comprising our XPOS devices, XPASS cards and our new mobile app, the XWallet. Since last August, thousands of XPOS have been shipped to more […]
Dear Pundians, As announced in the AMA session on December 29 and our year-end report, today we took out a total of approximately 9.7 billion tokens (5.7 billion NPXS and 4 billion tokens NPXSXEM) from the supply. Equivalent of 4.1 million US dollars worth of value as of January 3, 2019. Here is the hash of the execution: NPXS Hash: 0x381ac253b3bc9a0eadbc07bd4cb7c2872a6e0c888b7edb83d90aa1bd1b219002 Etherscan: https://etherscan.io/tx/0x381ac253b3bc9a0eadbc07bd4cb7c2872a6e0c888b7edb83d90aa1bd1b219002 NPXSXEM Hash: […]
What an action-packed year this has been for us.
From concluding our public token sale in January; to launching plans to take blockchain to the next level; to appearing at events on six continents to spread the word about blockchain adoption; to shipping our XPOS to 25 countries around the world, it’s been a jam-packed year by any definition. And it’s been our pleasure to share it with you, members of the most active community in the blockchain space and who have been our partners every step of this year.
Starting from November 14, NPXS and NPXSXEM will be available to trade on DigiFinex, the 3rd largest crypto exchanges according to CoinMarketCap.
Pundi X token gets listed on Upbit, one of the largest cryptocurrency exchange platforms in Korea.
Dear Pundians and friends, You might be aware, a powerful tsunami hit the coast of Sulawesi island in Indonesia in the evening of 28 September 2018 with devastating effects, after a major 7.4-magnitude earthquake. Hundreds of lives are lost, and majority of the survivors are left without their homes, and access to electricity and clean water. As Indonesia races to aid […]
Dear Pundians, As announced in mid March, 20th September 2018 is the last day of PXS / PXSXEM to NPXS / NPXSXEM swap. This means PXS and PXSXEM lose all their utilities after the swap deadline. PXS and PXSXEM Owners cannot swap their old tokens for the new ones. They will not be able to get monthly unlocked tokens, either. […]
Last night the person or persons behind the Coinrail heist in June, offloaded 2 billion NPXS tokens in less than three hours at EtherDelta on Wednesday night. (Again, it bears repeating, Pundi X was NOT, nor has it ever been hacked, but its tokens were among those unauthorized transactions from a Korea-based exchange three months ago.) Despite our immediately taking steps to de-list NPXS from all decentralized exchanges since June, in an attempt to frustrate any attempt by the Coinrail hacker to offload ill-gotten takings on an exchange where withdrawals could be frozen, last night’s events have occurred in spite of this. We’ve contacted ForkDelta three months ago about de-listing NPXS from its main site. But last night we were told it could […]
