Welcome to the May 2023 monthly report, where we highlight the latest developments and activities from our dynamic ecosystem. This month was filled with significant milestones, product advancements, and community engagements that continue to propel us forward. From opening new physical exchange stores to expanding our merchant network, engaging in thought-provoking discussions, and participating in prominent events, we are excited […]
We are excited to announce a new BTC reward campaign hosted by Pundi X and LifPay. LifPay is a Bitcoin custodial wallet that provides users a secure and convenient way to store, manage and send their Bitcoins. The wallet is built on a user-friendly platform that is easy to navigate, making it accessible to both beginner and experienced Bitcoin users. […]
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, […]
Propose and vote to develop Pundi X Chain The DAO voting mechanism is now live on Pundi X Chain. Visitors of https://pundix.com can easily spot it on the menu bar. The launch of the DAO voting mechanism is the first step to a more decentralized environment for the Pundi X Chain, a dedicated payment-focused blockchain built upon the Function X network. It […]
Dear Pundians, Thank you for joining our Q4 2022 Progress Report. For those who couldn’t join it live, you can watch the video version by visiting our YouTube Channel. Together with us from the Pundi X team across the globe here are CEO & Co-Founder, Zac, Chief Liaison Officer, Balan, Chief Ecosystem Officer, Peko, Director of Finance, Lovely, Director of […]
Earlier this year, we at Pundi X predicted that 2022 would be a year full of adventures and opportunities. We’re humbled to say that we’ve been proven right ten times over. 2022 saw both major improvements to our flagship products and the introduction of new initiatives. This was beneficial for both crypto users and Pundi X itself. Whether it’s more […]
To spread crypto adoption, Singapore-based blockchain solutions provider Pundi X will be giving away free XPOS devices with its latest Web 3.0 upgrade to successfully-verified merchants during the Próspera Fintech Festival to be held from November 18 to 20 in Roatán, Honduras. XPOS, the world-first blockchain-based point of sale platform, notably allows brick-and-mortar retailers to begin accepting crypto payments with […]
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 […]
The US dollar is stronger than it’s ever been in decades, thanks to the American Federal Reserve System adopting a hawkish monetary stance in the face of skyrocketing inflation. Unfortunately, the side effect of the strengthening dollar is the increasing devaluation of other world currencies. Currencies like the Euro, Yen, Pound, and more have plummeted to their lowest value against […]
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 […]
Get your XPOS with 50% off using discount code PundiXhigh5! Dear Pundians, The Pundi X 5th Anniversary celebration continues, and we’re bringing you a sweet deal of XPOS! From Sep 12 to Sep 16, 2022, at 23:59 GMT+8, you are in a limited sale for brand new XPOS with 50% off. The original retail price per XPOS was US$499; now […]
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 […]
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