Paxful Financial News

05.04 / 11:41

business Adoption OTC Paxful P2P Bitcoin Paxful shutdown hits Nigeria harder than the rest of the world, here’s why

The shutdown of the peer-to-peer cryptocurrency marketplace Paxful has left its worldwide community in search of alternatives, but it appears to have especially affected the Nigerian Paxful community.

05.04 / 11:11

regulation wallet Trading Exchange Legal Paxful Shuts Down end Crypto Ecosystem Loses Another P2P Marketplace As Paxful Shuts Down – End of an Era?

The peer-to-peer cryptocurrency exchange Paxful has succumb to the relentless pressures of the ongoing crypto downturn.

04.04 / 18:47

business Marketplace Paxful regulatory Paxful closing, CEO blames staff departures, regulatory challenges

Peer-to-peer cryptocurrency marketplace Paxful announced on April 4 that it was suspending operations. Paxful founder and CEO Ray Youssef said in a blog that “key staff departures” and the regulation environment were behind the decision.

29.03 / 20:29

business Paxful Earn Bankruptcy Celsius Lost Paxful to return lost Celsius funds to Earn users

Crypto marketplace Paxful will refund its Earn program users affected by the Celsius Network collapse in 2022, according to a Twitter thread posted on March 29 by company CEO Ray Youssef.

13.03 / 20:45

Blockchain Binance Digital CEO Paxful SVB Bitcoin week Cryptocurrencies To Watch: Week of March 13

The cryptocurrency market has had a tumultuous few days; Bitcoin and other digital assets took a tumble before recovering late in the week to recoup some of their losses.

23.02 / 17:27

Binance USDT Paxful Stablecoins at their lowest market cap since 2021: Report

According to a 22 February CryptoCompare report, the total market capitalization of the sector’s stablecoins fell to $136 billion in February. This number was the lowest since September 2021.

14.02 / 16:15

Blockchain Binance SEC CEO Action Paxful reserves How Circle alerted the NYDFS about Binance’s insufficient reserves

Circle may have a hand in the recent regulatory crackdown on Paxos and Binance [BNB]. The USD Coin [USDC] issuer reportedly filed a complaint against Binance in 2022. In doing so, it alerted the New York Department of Financial Services towards the mismanagement of reserves that backed the tokens issued by the world’s largest crypto exchange.

22.01 / 10:23

UPS Ethereum ETH BTC Paxful Bitcoin Ethereum prices Bitcoin and Ethereum Prices Soar 10%, How High Could They Go?

On January 22, the leading cryptocurrencies such as Bitcoin and Ethereum are on a rise, having surged nearly 10% in the last seven days. Bitcoin is holding over $23,000 and Ethereum is up to trade above $1,650.

12.12 / 11:15

business Paxful Bitcoin 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 self-custody as he took responsibility for over 11 million users.

23.10 / 19:15

FIVE Digital Tether Paxful Uniglo.io Vault Backs Protocol With Investments In Pax Gold, Tether, And Sandbox

Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.

21.09 / 04:39

Digital Paxful Bitcoin Kenya’s central bank governor finally sees the push for Bitcoin

Kenya’s governor of the central bank, Patrick Njoroge, acknowledged that he was under external pressure from cryptocurrency enthusiasts to convert the nation’s reserves into Bitcoin (BTC).

20.09 / 18:09

Twitter Binance CEO Paxful WazirX announces select stablecoins’ delisting, thanks to…

Popular Indian crypto exchange WazirX has announced that it will initiate an auto conversion of all existing balances of the second largest stablecoin USDC, Pax Dollar (USDP), and True USD (TUSD).

12.09 / 06:17

Binance Tether USDT Paxful Here’s the full scope of UST’s de-pegging on the stablecoin market

Following the collapse of TerraLUNA in May, never-before-seen attention has since been placed on stablecoins. In fact, there are many who still harbor doubts about the ‘stability’ of this class of cryptocurrency assets.

06.09 / 13:01

Binance Tether Platform Paxful Binance to Convert Users’ USDC Into Its Own Stablecoin

Binance cryptocurrency exchange announced on Monday that it has introduced «BUSD Auto-Conversion».

06.09 / 11:59

Provident Binance Paxful Binance Will Start Converting Users' USDC Into Its Own Stablecoin

Binance said it will remove and cease any trading on spot pairs that include USDC, USDP and TUSD.

23.08 / 13:15

cryptocurrency Paxful Crypto Investor Claims Rs 12 Crore Stolen By Blockchain Thief

Bitcoin and other cryptocurrencies were missing from the investor's wallet.

09.12 / 20:21

Digital Platform Paxful Pilots WhatsApp pilots crypto payments in the U.S., to be powered by Novi digital wallet

WhatsApp, the instant messaging service has launched a new pilot for a limited number of people in the U.S. to send and receive money from within their chat, using cryptocurrency. It is powered by Novi, Meta’s digital wallet which was launched six weeks ago. The digital wallet will help users in conducting crypto-related transactions.

09.12 / 18:26

coinbase Paxful Meta extends Novi payments trial to WhatsApp

The test uses the Pax Dollar - not the Facebook-backed Dim - for transactions, with Coinbase acting as the custody partner.Participants had to use a dedicated Novi app but now the pilot is being extended to WhatsApp for a small number of US users, says Stephane Kasriel, who is taking over as Novi head from departing David Marcus.Tweets Kasriel: "We often hear that people use WhatsApp to coordinate sending money to loved ones, and Novi enables people to do that securely, instantly and with no

16.11 / 13:01

Blockchain Digital Paxful Bitcoin Nigeria's E-Naira Gains Momentum, Tackles Influence of Volatile Cryptos

Nigeria's further efforts to curb the influence of cryptocurrencies have begun to bear fruits, as its introduction of a centralised digital currency eNaira has lured about half a million users within three weeks.

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