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Tag: Bitcoin

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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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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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Q4 2021 Token Removal Report

Dear Pundians, The token removal for Q4 2021 has been completed. We took out approximately 6,802 $PUNDIX and 1,093,702,580 $PURSE tokens from their respective total supplies. Starting from the launch of Pundi X Chain in October 2021, the token removal mechanism of $NPXSXEM followed $PURSE’s BDL model as $NPXSXEM migrated to $PURSE. After the Q4 token removal, the total supply […]

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Will Bitcoin remain king in 2022?

Anyone that’s done a cursory scan of crypto-related headlines in 2021 is surely aware of the stellar growth Bitcoin enjoyed. Though volatility is still present in the bitcoin market, there’s no denying the currency has had an impressive run: from one bitcoin being valued at just about $30K at the beginning of 2021 to reaching an all-time high of approximately […]

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Q4 2021 Progress Report

Note: below is the summary transcript of the quarterly report of the AMA conducted on 7th January 2022. There might be minor discrepancies and you can watch the original video of the AMA below. Dear Pundians, Happy New Year to all! Thank you for your time to participate in the Q4 2021 progress report. The host of the quarterly progress […]

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Pundi X INSIDER: 2021 in Review

A look back on a year of development, compliance, expansion and opportunity Dear Pundians, 2021 was a year that accelerated many of the disruptions introduced in 2020. Contactless transactions continued to soar, remote work began to be incorporated in blended working models where people were required to physically go to the office only part of the time, and cryptocurrencies continued […]

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OVO Dijital Servisler targets opening 100 Turkish Pundi X cryptocurrency stores in 2022

A new business model is emerging in the global cryptocurrency market with more than $3 trillion. OVO Dijital Servisler (Türkiye), the official XPOS distributor in Turkey opened Pundi X cryptocurrency stores in Sirkeci, Grand Bazaar, and Marmara Park Shopping Center in 3 months. Pundi X Türkiye rose to a leading position in the physical cryptocurrency exchange market. The target for […]

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Monthly report: a recap of activities in October 2021

Dear Pundians, Pundi X Chain is now live this month and we are exhilarated that we have again accomplished our milestones that we set, reaching a certain point of our development that evolved our products and services into becoming a dedicated payment blockchain ecosystem through consistent collaborative effort and constant updates. The road ahead to build De-Fi services will be […]

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How to delegate PUNDIX to get PURSE on Pundi X Chain

Pundi X Chain is a dedicated payment-focused blockchain in the Function X network. It is specially designed to perform high throughput transactions with low latency and low transaction fees. While $PUNDIX is the primary token to govern the Pundi X Chain, $PURSE is the secondary token to be utilized as Pundi X’s loyalty and reward token. A $PUNDIX holder can […]

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Q3 2021 Progress Report

Note: below is the summary transcript of the quarterly report of the AMA conducted on October 7th. There might be minor discrepancies and you can watch the original video of the AMA here https://youtu.be/5RiuHmE7lBo Dear Pundians, Thank you for your time to participate in the Q3 2021 progress report. The session focuses on the launch of the Pundi X Chain. Joining […]

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More #PundiX4Good celebration activities revealed!

Dear Pundians, The celebration of Pundi X 4th Anniversary is warming up! Starting from 27 September 2021, we will kick off 3 more events which are open to everyone, from users to merchants, to participate. Let’s check them out. Transaction mining on XPOS Special award pool for 4th Anniversary Celebration From 00:00 (GMT+8) 27 September 2021 to 23:59 (GMT+8) 03 […]

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“Name the Pundi X Chain Validators” event concluded— meet FantastiX 4

Plus the 10 lucky winners announced Dear Pundians, Thank you for participating in the FantastiX 4 — Name the Validators event. The community has nominated over 30 names of the community members and casted their votes in the past 2 weeks, and now the FantastiX 4 is here! Congratulations to Superbit123, Pundi X Sherif, ClaudioメBarros and MrSinaN for being voted by the […]

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Monthly report: a recap of activities in August 2021

Dear Pundians, Welcome to August Pundi X Insider. August was the month of heavy tech development. Making accessible and easy-to-use financial services based on blockchain technology has always been our motto. The blockchain technology and regulatory environment have constantly evolved. More and more people are becoming crypto users. It’s more important than ever to get educated about the technology itself […]

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How metaverse and cryptocurrency adoption fuses participation in decentralized autonomous organization (DAO)

Cryptocurrency once had humble beginnings as a niche interest, relegated to being discussed only in obscure forums and closed circles. Years later, the reality today couldn’t be any more different. Financial institutions like JP Morgan have started offering crypto funds to its clients, countries have started accepting crypto as payment, and more people than ever are trading in crypto. Time […]