Bottom line- a solution will be implemented. We are probably looking at months before it gets sorted, but I believe in the team. They are not the type to walk away.
1 Like
I do not share your optimism. Absolutely nothing about the way theyâve handled this situation gives me confidence that they have the slightest concern about the people affected.
2 Likes
the project should secure the pundiai contract the same way.
prevent transfers and lock your funds. nothing more secure than a contract that can not be traded.
everyone here will have as much empathy for you as you do for them;
i cant wait! please project secure the pundai token too.
can not let those hackers in your new token either.
1 Like
There is no direct threat to PUNDIAI, the hack had nothing to do with the PUNDIAI network, was not even a hack of eth network, it was a hack of the âSwapâ contract that had a design flaw, there are no current known threats thatâs warrant any further fear.
The Issue now is the hacker holds minted FX if the transfer contract is opened you give the hacker the door they need to dispatch the millions of Eth / âFXâ they hold. âwhich jeopardises what you haveâ. allowing the movement of the FX would then allows that also to be traded or swapped; which would undo all the work the project did to remove the fake minted swapped token of the hacker on every other network.
Itâs not all about you!
your a tiny fraction brother, they protected 99% of the project and Holders, if thatâs not good enough for you it just proves how shallow you are.
Rather going back and forth in endless discussions, I would like to hear from the team on:
- The future with the asian exchanges and all the troubles that came with loosing them in the first place.
- The situation with the hack and the hacker and the way they will resolve it all.
- The situation with Coinbase.
- âŚ
All of these issues should be adressed, in my opinion, by Zac or David, in maybe a new AMA!!!
And for people going round and round in circles, please adress your concerns, questions,⌠before the AMA takes place so they that the team can respond to all of them.
Also, I would love that Zac or David are a bit more involved in discussions here on the forum.
Just writing this because it is way overdue for my belief.
1 Like
What I know from talking to the project
1, Asian exchanges: they are doing something there but itâs something they cant discuss, (Legal maybe is what i get from that)
-
the Hack was resolved, the first post here tells you what they did, all PUNDIAI was secured on all networks.
-
the coinbase problem only represents a small amount of the supply, and open discussions are still on going with the Exchange, outside that there is nothing to tell.
these are all the answer there are full stop.
Their just people with no patience or the hackers trying to get the transfer contract open. there is hardly even enough coin involved to warrant the noise and FUDDERs will FUD: Naked Grandma here is a prime example always building on what dose not exist to look like it dose this is the FUD the project will suffer for the next 10 years because shit sticks whom looks more like a paid project destroyer.
every answer is here already, there is no problems for PUNDIAI the project, Korean Exchanges will be restored if they can, coinbase issue will resolve when coinbase actâs on a method that agreeâs with them as well as the projects.
I knew you were going to give us âthe answersâ, but you do not seem to get the point. Please donât take offence. But after such a long time of silence from either Zac or David, people would like to hear from them., and only them. they are the faces on the cover!
I can argue on your answers but not going to this because that is not the point I wanted to make.
3 Likes
I understand but you must understand they gave me the tag Community leader because Iâm often around to give people a response which save them critical work load time ( I didnât give myself that title & I didnât ask for it ); they actually have their own work loads, because I do talk with them and because I ask questions in a rational manner they answer what they can, most information is need to know, they donât tell me something their not prepared to tell you, so there is nothing new to tell. I often catch them in real time on the fly which is easier to get answers.
They do read ! ! if they thought I missed critical detail they needed you to know they would update you. I ask continuously for them to make a periodical announcement from them saying exactly what you said, people are not interested in what anyone else like me has to say.
They probably donât because they canât explain it in as simple example terms as i do ( or speculatively elaborate ), which fudders and project wreckers will just twist the information against them; as whats been done here already over and over of everything I write as well.
If they thought the people here actually represented an affected majority; I believe there would be more constructive conversations here. because people canât be rational and some want to build a case against the project; so why give them missiles.
Legal logic - ! !
Agreed. With some tentative timelines.
1 Like
lol, never going to get a timeline they canât 100%.
Thereâs nothing concrete to offer because nothing has changed. The hack and transfer pause happened months ago, and Coinbase hasnât acknowledged any ongoing discussion since.
Why would more time suddenly make a difference? At this point, I donât expect anything to come of this. The repeated empty promises only create more frustration and anger.
Iâm sure the same claims about âongoing negotiationsâ will still be posted years from now. The reality is this project doesnât care about FX holders or their locked funds.
If any resolution or reimbursement ever happens, it wonât be thanks to this project. Its valuation and credibility are already gone.
Good luck to everyone still holding onâIâm writing this one off.
3 Likes
Nothing is guaranteed, but all successful projects share a realistic timeline.
This has always been a negative side of the Pundi Team. They harm themselves more by not being transparent about their development struggles.
3 Likes
their transparent with what they do know and what has happen in the past, the transparency you ask for is for the unknown detail, people are just to impatient, like gradma just canât wait & have to keep building the PSD soldier act.
How long still to wait? Anyone knows the answer?
3 Likes
Hi, the latest communication from Coinbase was this morning.
They are still reviewing our FX contract on Base that deployed using Axelar technology, we are currently on it.
5 Likes
Thank-you Indra for this update, also note when we were discussing the situation update today the project expresses that; this is within the projects best interest to sort this out ASAP and " their on the job " and willing to send whats necessary to the exchange in regards to any replacements at the point the decisions are made.
Note only the exchange knows the wallet Addresses that hold FX, so they are the only ones that can tend to the needs to carry out any wallet actions.
Great to hear!
1 Like
Even if this gets resolved, no one is talking about what existing $FX holders stuck in Coinbase would lose when they swap into $Pundi at 100:1 ratio at current price
2 Likes
can only blame the exchange & your self for not doing the swap when it began, you wouldnât be stuck in this situation.
Spoke to Coinbase today for 2 hours and they said they are waiting for the FX team for Coinbase to allow the FX-PUNDIAI swap. Please assist team as there are many people affected by this and for this longâŚ
3 Likes