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Category: Token

Token 1

An update on the Coinrail hack incident

Unfortunately it appears those involved with the recent Coinrail theft of NPXS have offloaded a portion on IDEX around 12:20 pm SGT (GMT+8) on June 25 and 4:50 am SGT (GMT+8) on June 26. Pundi X took immediate action to alert IDEX and Coinrail. However, these tokens had already changed hands in less than 20 minutes. This has prompted some questions from the community, which I will answer in this post.

Token 1

A step-by-step resumption of NPXS transactions

In the past 72 hours, we have held intensive discussions with different parties, including Coinrail, the Korean National Police Agency, the community, and our exchange partners to seek the best possible solution to protect NPXS holders’ interests. We are grateful to have had all parties work together to assist the investigation.

Token 14

Pundi X assists Coinrail to investigate the breach incident

This morning on June 10 we received notification from Coinrail: There was an unauthorized suspicious trading activity involving 2,619,542,080 NPXS tokens transferred to IDEX. Coinrail confirms that this incident has been caused by a cyber intrusion and NPXS is one of the affected tokens. Since the amount of NPXS token is equal to 3% of our current supply, which could potentially affect the interests of all parties, we instigated an emergency security protocol to halt ALL the NPXS transactions

Team

Generating all remaining unswapped PXS to NPXS for the token swap’s conclusion

Dear Pundians, The ongoing token swap has been successfully executed since March 20, 2018. The process has been faster than expected as more than 85% of the tokens have been swapped in less than three months. In response to the community’s suggestions, we are now preparing to finalise the token swap by generating all remaining unswapped tokens. The remaining portion accounts for around 15% of the total supply of NPXS. Remaining PXS holders can continue to swap for NPXS from this supply. We hope that this will also help solve the issue of CoinMarketCap being unable to exactly calculate our market capitalization so long as the number of NPXS in circulation remains indeterminate due to the incomplete swap. For PXS […]

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May tokens unlocked for both NPXS and PXS holders

It’s the time to prepare to get ready to receive the monthly unlocked tokens. All the Pundi X token holders are eligible to get the monthly unlocked tokens. The unlocked token “ownership” is tied to the token holders regardless where you get NPXS and PXS tokens. Here is the guide of how to receive.