Any news here? What we can do with our FX? Or is there any issue ticket exists to monitor it progress?
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the project is working with the exchange to get a resolve to the situation, stay tuned here and on X or our telegram groups as soon as they know youāll know.
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What you also fail to recognize is the long-term damage this event and its handling have caused to the projectās reputation. The idea that Coinbase investors will just āembraceā PUNDIAI after all this confusion just shows how disconnected you are from reality.
On top of that, the FX on-chain transfer freeze on Ethereum was presented as a temporary pause to address a vulnerability. Yet, you quote a post by a staff member that it has been turned into a solutionāsomething permanent. Thatās a very different, and it was never communicated transparently. Even today, FX holders logging in still see the notice that the pause is temporary.
I am not sure why you would quote this; other than to say what?
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there is no confusion because itās clearly stated here what is going on - again more FUD building, talking like you know all holders opinions again FUD building, impatience building drama like nothings being done again FUD building, the Project will restore confidence once the problem is solved but saying they lost reputation because they stopped the supply from being printed to oblivion should be celebrated on the shoulders of giants if they had not of stopped this your value would be zero not just waiting to get access back, which you are still insinuating itās their fault after all you have been told more FUD building. making out we are dumb and all you say is right FUD building, the project would have a far greater idea the affect of the whole situation I donāt know how you could even believe you could understand more. wait patiently, Iām done responding to you the project will clearly notify the world as soon as there a resolution.
Stop blaming the project. The contract halt was announced. Holders in decentralized wallets can still swap. If your tokens are frozen, thatās because the exchange locked them then thatās what happens when you trust a centralized exchange with your assets. Lesson: not your keys, not your crypto. If everyone else is fine, swapped fine, followed the announcements, then why you think itās projects fault? Go blame the exchange for not taking any actions like the other exchanges. And learn about storing your crypto in your own wallet. Your lesson, again: NOT YOUR KEYS NOT YOUR CRYPTO. Now go and tell Coinbase cause they are the ones who froze your assets there. This is not Coinbase forum. EVERYONE who has their crypto on a decentralized wallet like it should be, swapped fine. CEX is not decentralized, the moment you give your crypto to them they can do whatever they want. And they did.
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Itās been discussed over and over, but few important point
- The reason for $FX halt is because the attacker has controlled 65,835,769 FX hence we are unable to unhalt $FX transfer function.
- $FX ticker has been updated to $PUNDIAI since Feb 2025 and we have actively encourage moving to $PUNDIAI including informing exchange to transition to $PUNDIAI.
- We are still talking with Coinbase to explore options, but we will need Coinbase support.
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Thank you for the communication. My fear is that Coinbase will not provide support, and then nothing further will ever happen. Are you able to answer 2 brief questions:
- If Coinbase does not assist, is there anything that can be done so that those trapped with FX on Coinbase donāt lose 100% of their value?
- Is there any sort of maximum timeframe in which you expect this be sorted out in one way or another? 30 days?
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Itās not an option for Coinbase to just drop the coin, thatās just not right by anyone this would make legal problems for them, being in custody of it; the easy solution is theyāll swap it or some type of hand over would have to happen I would think.
the exchanges work on their own time calendar, you canāt get dates from them; they announce what their doing then we know, so the project cannot give a date until they know what the exchanges decisions are.
if you really want to push it along, the Exchange should be where your pushing for action
A post was merged into an existing topic: Holistic market analysis - PundiX
I can think of a couple possibilities, but Iām sure lkybob over there buying the dip
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According to the last AMA on X, there was a ā15+15 plan recovery,ā and the team was expected to execute a buyback of 15% of the circulating supply using up to $5 million at a $32M market cap, right? With the current price at $2.5 and the market cap well below $32M, my question is: when would this buyback take place? Thx
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Probably after once the coin issues are resolved or itās kind of counter productive I hope that makes sense, the project are true to their word they will - in due course.
@Dissumshiiit of course, for every seller is a buyer, the developments & future of the project continue as normal, I would double my bags at the nearest opportunity. Buying the Dip is how you profit. Probably panic sellers - what do you expect when people are verbally shooting it down
Price is not the topic here, I know people believe itās related - but stay on topic or the messages will have to be pushed to another subject. the action information is being drowned out.
@pundi_stole_my_money Coinbase have to offer some level of assistance for us to do anything, at minimum if they can provide use with the list of addresses that still owns the $FX we can do onchain airdrop $PUNDIAI to the affected holders. Or even better, as @LKYBOB said, if Coinbase can help to swap directly. We cannot unfreeze $FX.
@Mauricio_Carbajal TBA, thanks for reminder.
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You canāt unfreeze $fx today or you canāt unfreeze $fx ever? Maybe Coinbase would be willing to facilitate that if you changed the exchange rate, at the prices fx was listed at youāre expecting everyone involved to take a bath. I guess a fraction is better than nothing. Pass me the lipstick, I like to look pretty when Iām getting screwed.
You canāt tell me nothing about the hold up on this topic is correlated to the obvious imbalance in equity for the holders (and the exchange for that matter.). I canāt wait until I see $1 back and never have to think about this project again.
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Why do you rename and redominate coins like a beginner? Why donāt you contact the exchange first, prepare everything, and when everything is ready, then change the name and redominate. Everthings looks like a beginner and in a hurry until there are two coins.
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exchanges were aware of the swap long before it started, this is not the projects first Rodeo, you should know that Ivan.
@Dissumshiiit they cannot because itās compromised, swap is by quantity as it is for everyone, which is also a fixed contract as is, there are no prizes for holding on a CEX for to long of a coin in the process of upgrades.
Maybe Iām misunderstanding, but couldnāt you do a 1:1 token swap to a fresh new contract ($FX)?
like spin up a new contract, migrate, and effectively āburnā the attackerās share by not including it in the swap pool the same way you did for PUNDIAI?
isnt the real issue with the exchange is that the security incident is being used to force a swap to PUNDIAI a different token?
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swap is 100 to 1 nothing changes there, that would disadvantage all who have swapped before then. if they could of replaced the FX contract it would have been done by now I believe, the swap to PUNDIAI was pre-programmed anyway, itās not a forced swap.
The question was, will $fx ever be unpaused? 9 days and itās the one question being danced around that no one tied to the project will touch.
probably Not is what I read