We're thrilled to unveil the seamless upgrade of our KRRX token smart contract — a major milestone for our team!
The new token version is already available on the platform. The update, which was implemented on January 12, 2023, improves the stability and reliability of the token by adding several important features, including one that makes additional emissions impossible.
The updated smart contract, which has a new address, maintains the same KRRX ticker for the token, ensuring continuity for our users.
As part of the upgrade, Kyrrex will accept the old token and exchange it on par with the new one. When withdrawing, clients will receive new tokens at a 1:1 (one-to-one) ratio. However, all other third-party exchanges will no longer accept the old token for deposits.
Furthermore, all staked funds will be withdrawn under a new contract. The user's total KRRX wallet balance on Kyrrex will consist entirely of the new token.
So, our users will experience no significant change in terms of transactions, deposits, and withdrawals. However, this upgrade is a crucial step for us to improve customer service, security and stability of KRRX.
🔄 Please note that for users storing their KRRX tokens on Kyrrex's platform or on HitBTC, migration to the new token will take place automatically, and no action is required.
However, users storing their tokens in non-custodial wallets such as Trust Wallet need to first send the old KRRX tokens to Kyrrex, then withdraw the new tokens back to their individual wallets
⚠️ It is important to note that our KRRX token has a new smart contract address after the upgrade.
➡️ The smart contract address of the updated version of KRRX is THS2ZuQowumzFPD1z3wchB1PijWMggUgmA
📲 If you have any further questions, please do not hesitate to contact our support.
💚 Your Kyrrex
On September 3, 2023, Kyrrex celebrated an important milestone: our fifth anniversary. Five years in the dynamic world of cryptocurrency is an achievement that evokes a deep sense of pride. This date holds great importance to us. Over these years, we’ve been deeply committed to our mission, continually iterating and improving for the community.
Throughout this journey, we have strived to develop and introduce features that serve the evolving needs of our users. We have empowered businesses, providing them with the tools they need to launch and operate seamlessly in the crypto space. The introduction of the liquidity hub has ensured that trades are executed with speed and efficiency, creating a reliable trading environment.
Kyrrex's cooperation with the world of sports is a testament to our commitment to excellence. Among our respected ambassadors, we are honored to count elite athletes such as Jorge Martín from MotoGP, Martín Di Nenno, a padel top player, and others. This collaboration is deeply symbolic. These athletes, who stand at the peak of their sports, mirror our relentless passion for perfection.
We also have been part of history, observing meteoric rises in the value of Bitcoin and other cryptocurrencies, navigating through moments of market turbulence, and witnessing the inception and demise of various startups and billion-dollar projects.
As we move forward, our vision for Kyrrex is crystal clear. The roadmap ahead is filled with ambitious plans, from expanding into new markets and acquiring more licenses to introducing more innovative trading projects. Each of these milestones will be realized thanks to the dedication of every team member. Special acknowledgment goes to our CEO, Kevin Plumpton, and the co-founders, Mykhailo Romanenko and Viktor Kochetov, whose leadership and vision guide our journey.
As we turn the page and step into a new chapter of Kyrrex’s story, we begin a fresh countdown, setting our sights on greater horizons.
Here's to the next chapter, to innovation, and to continued success!
We are delighted to announce that the illustrious figure, Michael Rogers, has joined our esteemed board. Rogers, a four-star admiral, brings a wealth of experience and knowledge from his time leading the US National Security Agency (NSA) and the US Cyber Command during the presidencies of Barack Obama and Donald Trump.
Michael Rogers is renowned for his career devoted to cooperation with the US Department of Defense, the intelligence community, and international cybersecurity agencies. During his tenure, he was instrumental in shaping strategic cybernetics policies and engaged in various crucial sectors, including finance, telecommunications, and technology.
Our Board of Members features an impressive array of professionals. Alongside Rogers, we have Steven W. Sansom, an accomplished financial strategist and founder of The Green Square Capital Advisors. Admiral William A. Owens, with his significant telecommunications experience, serves as our Chairman. Jack H Shi lends his extensive expertise to project finance, venture capital, and private equity, and James A. Ray brings his advisory prowess as Managing Partner at Dragonfly Growth Partners.
Admiral Bill Owens, Chairman of Kyrrex Holdings, Inc., proudly proclaimed: "We are very excited to have Michael with us on this journey with Kyrrex. Indeed, I am particularly proud that Kyrrex is one of the most compliant crypto businesses in this space, with the most technically sophisticated crypto ecosystems in our industry."
The addition of Michael Rogers to this illustrious list is not only a mark of expansion for Kyrrex but also a symbol of our relentless pursuit of excellence. We are confident that Rogers's in-depth knowledge and experience will help us further solidify our position in the crypto market and enhance our service to our customers 🚀
Find out about all Board Members by clicking here.
Kyrrex believes in the power of sports to unite, inspire, and promote noble causes. It is with this spirit that we have successfully held the second tournament of the Kyrrex PRO/AM series.
The Kyrrex PRO/AM Tennis Charity Event, held from June 26 to 29, was a grand spectacle in the picturesque setting of the Grand Hotel Poltu Quatu in Sardinia. The event was attended by former Italian tennis stars, fostering an atmosphere of camaraderie and competition. Participation was open to amateurs as well, making it a unique blend of professionalism and grassroots participation.
The tournament raised an impressive €10,000, reflecting our commitment to social responsibility. The donations from the event will be transferred to the charity organization Football for Ukraine, founded by a famous Ukrainian football player Oleksandr Zinchenko.
The tournament brought together professionals and amateurs in unique pairs, leveling the playing field and providing ample room for unforgettable moments. The nail-biting final match between the pairs of Santangelo/Pancaro and Chiudinelli/Caterino saw the former clinching victory with a close score of 7-6.
Big names like N. Zimonjić, Jiří Novák, F. Santoro, and David Blanquart were also part of this event. Their participation elevated the second tournament in the Kyrrex PRO/AM series.
At Kyrrex, we believe in the synergy of sports and crypto. As we continue our journey, our endeavors will be focused on further integrating these two diverse worlds.
In particular, we are excited about our upcoming project, Cryptothlon. Developed in partnership with industry-leading experts, Cryptothlon is a one-of-a-kind gaming platform that seamlessly combines elements of a metaverse and an online game.
Moreover, we must remember the exceptional performance of our supported riders in the 2023 season. The recent Italian Grand Prix, which took place on June 11, allowed us to witness their prowess yet again. Pramac Racing’s Jorge Martin and Johann Zarco's double podium finish was a testament to their unwavering determination. Meanwhile, in the Moto2 championship, Pedro Acosta, racing for Red Bull KTM Ajo, stole the show with his victory, making him one of the primary contenders for this year's championship title.
As our vision takes shape and gains momentum with each tournament we continue to bridge the gap between the worlds of sports and crypto.