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
Kicked off lightning network integration plan
With the request from the community and merchants, we are working on implementing Bitcoin Lightning Network. A successful implementation will include testing and fixing the bugs. We aim to make it officially available for all the XPOS merchants in Q4.
XChange and XScan open for public beta testing
XChange, the first DApp on XPOS developed by Function X and XScan, on-chain transaction tracking explorer, has already been released to the public for beta testing. We are grateful for all the feedback and congratulate to those who won the free XCards. Now the developers are working on the improvement and implementing upgrades.
If you miss this public beta testing, don’t worry. You can watch the tutorial videos to get familiar with the functionalities.
How to activate and give authorization to XChange
How to sell crypto via XChange
How to accept crypto payment via XChange
XPOS MERCHANT AND DISTRIBUTOR UPDATES
The 12th Pundi X crypto exchange opened in Turkiye 🇹🇷
XPOS Distributor in Argentina settled in its new office 🇦🇷
Scuba.shop gets ready to accept crypto in Honduras🇭🇳
MEDIA COVERAGE
Channel News Asia features Pundi X CEO and Co-Founder Zac Cheah
“How does Pundi X (PUNDIX) Crypto And its Retail Business Work?” by Kalkine Media on YouTube
Eddy.LIVE Show
EVENTS AND ACTIVITIES
XBlockchain After Party kicked off Singapore Blockchain Week
Organized by Pundi X, Function X Foundation, Litecoin Foundation, and Blockchain Association Singapore, XBlockchain After Party took place on July 25 to kick start Singapore Blockchain Week. Thank you for joining the party and we look forward to building with our partners.
AMA with Crypto Coin Coach
AMA with Crypto Miners
AMA with Crypto Monks
Q2 Progress Report AMA
We have held a live AMA to report our development in Q2. To have a quick read of the full report, here is the recap:
Q2 token removal
Free XPOS for business owners
If you are business owners from Lugano, El Salvador, and Honduras, check out the free XPOS campaign. Visit https://shop.pundix.com to grab one!