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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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) […]
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 […]
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 […]
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 […]
Not Your Keys, Not Your Coins. This is why most crypto holders choose to store their coins in a blockchain wallet that they own their private keys. We see the demand of using blockchain wallets is increasing and it is about time to make XPOS a blockchain-agnostic web3 hardware. That’s why we are developing the deXPOS module for the future […]
Introducing clean-to-earn ROBOX Waking up in the morning and you look around and your room is still messy? Well, if you are good at physics, you can blame entropy. There is a tendency in nature for systems to proceed toward a state of greater disorder or randomness. Entropy is a measure of the degree of randomness or disorder of a system. […]
Pundi X and Function X Foundation are collaborating with the Cyprus-based humanitarian organization “Hope for Children” CRC Policy Center to help children and families suffering from the war in Ukraine. Under the collaboration, Function X Foundation and Pundi X will be launching the “Hope for Children” NFT collection. The collection, which is limited to 50,000 NFTs, will be available for participants to mint via https://pundix.com/hopeforchildren/ on […]
Dear Pundians, Despite February being the shortest month of the year, Pundi X consistently delivered upgrades and updates, including rewarding activities for the community. Lesser days cannot stop our team from achieving milestones anchored on our mission and vision. We continued giving back to our community through PUNDIX coin delegation, PURSE liquidity reward, and BDL distribution. On the tech side, we have always been aggressive in upgrading and innovating our XPOS to further provide more access and support for onchain transaction with less gas fee required by adding Bitcoin BEP20, BNB BEP20, and USDT BEP20. Be excited as we have also released the roadmap for Q2 2022 to Q4 2022 focusing on XPOS optimization, rewards and tokenomics, and many more. […]
Claiming period: 15th February, 2022 until 15th March, 2022 As mentioned earlier, the PURSE token has implemented a 20% ‘BDL’ mechanism — Burn, Distribution and Liquidity. For every non-whitelisted transaction*,10% of the transacted $PURSE amount is burned, 5% goes to the distribution pool and 5% to the liquidity pool. All eligible PURSE token holders are entitled to claim $PURSE proportionally […]
Dear Pundians, With more and more users onboarding their crypto journey across the globe, both governments and blockchain builders are also speeding up their developments in the crypto ecosystem. At the same time, we see that inflation, COVID-19 and Russia-Ukraine conflicts may raise the global economy’s challenges while also providing a window of opportunity for tech companies like ours to make digital currencies even more accessible and compelling by working with both authorities and leading solution providers. In the second half of 2021, we accomplished about 75% of the items which we had set out in our roadmap while we added more tech developments for XPOS® which were not originally in the roadmap. See below for details: Completed: Launched the […]
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