Developing nations have been big on crypto. Reports listing the countries with the biggest cryptocurrency use will point you to Vietnam, the Philippines, and Ukraine as the top three. Some use crypto like Bitcoin as an inflation hedge, others use it as an alternative to their country’s weak fiat currency, and others use crypto to get around remittance transaction fees. Yet, […]
Dear Pundians, Crypto market is challenging for many while one of the world’s top exchanges FTX filed its bankruptcy immediately after frozen its users’ withdrawal. This again reminds us all to keep the digital assets in the wallet that we own our private keys. At Pundi X, we provide merchants onchain crypto payment and crypto sale services via XPOS. Users […]
Supporting onchain crypto payments on Bitcoin Lightning Network, BNB Smart Chain, Ethereum and Tron blockchain. Giving people increased control over their money is becoming more important in an age of increasing openness and digitalization. In keeping with the aim of encouraging distributed technology and giving people back control over their assets, Pundi X is excited to announce that the onchain […]
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 […]
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 […]
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 […]
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, 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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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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