paxful

paxful News The paxful News Channel offers comprehensive coverage of all things related to paxful and its various trading assets. It presents up-to-the-minute news, nuanced market analyses, trends, forecasts, and recent market changes. The latest two news from paxful :

Paxful, a Peer-to-Peer Bitcoin Marketplace, Ceases Operations,

Bank collapses are spurring interest in self-custody startups

News

Paxful, a Peer-to-Peer Bitcoin Marketplace, Ceases Operations

P2P bitcoin exchange Paxful is closing its marketplace, citing legal difficulties in the P2P market and in the US. The CEO also expressed concern about the security of client money due to a lawsuit brought by a co-founder. The Paxful Wallet will continue to function, but customers are urged to switch to self-custody or other service providers.

News

2023-04-05

Bank collapses are spurring interest in self-custody startups

The implosions of Signature Bank and Silicon Valley Bank are giving self-custody startups an opportunity to prosper, according to Jan Strandberg.

Defi

2023-03-20

Raydium announces details of hack, proposes compensation for victims

The Raydium hacker made use of an exploit that allowed entire liquidity pools to be withdrawn as “fees.”

Defi

2022-12-21

Industry execs voice confidence in DeFi adoption despite security flaws

Primex Finance co-founder Dmitry Tolok told Cointelegraph that a more mature market with more mechanisms that deal with vulnerabilities will eventually lead to more investor confidence.

Defi

2022-12-12

REPORT: BITCOIN ADOPTION IN AFRICA GROWS 1,200% IN ONE YEAR

The continent is the third-fastest growing bitcoin economy globally, powered by retail users seeking to save and transfer money.

News

2021-09-15

Nigerians Continue To Dominate Crypto Adoption In Africa, But There’s A Big Problem To Combat

Nigeria, the most populous black nation, has seen significant growth in Bitcoin adoption. The African country, despite the censorship of cryptocurrency trading by the government, has been one of the leaders in Bitcoin peer-to-peer trading globally.

News

2021-08-11

Why Is Forex Trading More Popular Than Bitcoin In South Africa?

Forex trading offers more stability and liquidity, while cryptocurrency is a high-risk, high reward opportunity. While South Africa is the biggest forex market in Africa, it ranks third after Nigeria and Kenya in bitcoin trading. However, like other countries, bitcoin adoption has grown significantly in the country. With the government tightening regulation on crypto, the growth of bitcoin trading in South Africa is a wait-and-see situation.

News

2021-03-18

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