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” Crypto platform Paxful removes ETH from its marketplace “ Peer-to-peer cryptocurrency marketplace Paxful has removed Ether (ETH), Ethereum’s native token, from its marketplace, citing a number of concerns around the world’s second-largest cryptocurrency by market capitalization. Paxful CEO Ray Youssef announced the move in a message to some 11.6 million users of the platform, which…
” Paxful CEO preaches Bitcoin self-custody, advises against crypto exchange “ The case for self-custody grows stronger as investors demand evidence of their assets over crypto exchanges. While some CEOs chose to double down on assuring the funds’ safety on their platforms, Ray Youssef, the CEO of crypto exchange Paxful, sided with the idea of…
” Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference “ Digital payment platform Paxful has partnered with nonprofit organization Built With Bitcoin Foundation and Miami Mayor Francis Suarez to advance a new education initiative centered around Bitcoin (BTC) and financial literacy. The initiative will disburse free tickets to the…
“# Bitcoin education center launches in El Salvador to boost adoption ” Major peer-to-peer (P2P) Bitcoin (BTC) platform Paxful is working to help Salvadorans better use BTC as the cryptocurrency became legal tender in El Salvador last year. Paxful on Wednesday announced the launch of “La Casa Del Bitcoin,” a new educational and training center…
“# Arcane Research predicts 700 million Lightning Network users by 2030 ” The research unit of Arcane Crypto predicts the Lightning Network will go parabolic as adoption of the Bitcoin layer-two payment protocol ramps up over the decade. Arcane Research published the “State of Lightning” report on Oct. 5, and analyzed the Lightning Network in…
“# P2P exchange Paxful integrates Lightning Network ” Peer-to-peer cryptocurrency exchange Paxful has integrated Lightning Network into its platform, giving its 7 million users access to near-instant Bitcoin (BTC) transfers. The new feature gives users the ability to send and receive BTC from their Paxful Wallet in a matter of seconds and with much lower…
“# Bringing the crypto payments ecosystem around the world: Ray Youssef ” Though he has had 11 business failures, today Ray Youssef is building Bitcoin-funded schools across Africa as executive director of the Built With Bitcoin Foundation and is helping millions of people buy and sell cryptocurrency as CEO of Paxful. However, Youssef also admits…
“# Paxful denies reports of customer data leak ” An anonymous online source was recently spotted trying to sell private customer and employee data allegedly obtained from crypto exchange Paxful. A spokesperson from the company told Cointelegraph that no customer data has been jeopardized, however. “Our customers’ data has not been compromised in any way,”…
“# Bitcoin adoption in Nigeria soars as central bank blocks remittances in Naira ” Peer-to-peer (P2P) Bitcoin (BTC) volume in Nigeria continues to rise as Africa’s largest economy remains a bastion for crypto adoption. According to Quartz Africa, data from the Bitcoin P2P marketplace Paxful show the country ranks second only to the United States…
“# Google searches for Bitcoin are on the rise in Cuba ” Cuba is apparently seeing an influx of Bitcoin (BTC)-related activity as Bitcoin interest is on the rise in the country. According to data from Google Trends, Cuba now ranks second in terms of Bitcoin interest over the past 30 days. The island nation…