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Tag Archives: Paxful

Crypto Exchange Hotbit Suspends Operations after Five Years of Service

After five years of service, Hotbit joins Paxful and Bit4You to exit the crypto market. Hotbit, a centralized cryptocurrency exchange (CEX), has suspended its business operations. The company announced the decision on May 22, 2023, citing several factors including the change in crypto market trends, the depegging of stablecoins from their $1 benchmarks, and the deterioration of operating conditions. Hotbit was founded in 2018 and quickly became one of the most popular exchanges in the...

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P2P Bitcoin Marketplace Paxful Is Shutting Down

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Peer-to-peer (P2P) bitcoin marketplace Paxful has closed its doors, meaning the digital currency space is still not yet out of the woods when it comes to exterior, negative circumstances. Paxful Says Goodbye Paxful used to be one of the most prominent, well-known bitcoin marketplaces in the world. Employing 200...

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Ray Youssef: Crypto Will Stick Around

With the crypto space falling into oblivion, many wonder if the arena has what it takes to ever come back. According to Ray Youssef of Paxful fame, the crypto industry isn’t going anywhere, and he’s confident market recovery will soon be in the books. Ray Youssef on the State of Crypto In a recent interview, Youssef stated that while things may look bleak at the time of writing, no one really needs to worry. He says that the crypto space has garnered enough adoption that...

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Paxful Enforces Facial Recognition for Crypto Transactions

Paxful – a global peer-to-peer (P2P) fintech platform – is working with iProov, a company that specializes in biometric authentication technology. Together, both firms will utilize the facial recognition technology iProov is known for to verify customers are who they say they are when being onboarded or engaging in digital transactions. Paxful Is Looking to Eliminate Crypto Crime The crypto world has grown heavily in recent years, and this has come with a downside. That...

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India Is Allegedly Considering Crypto Regulation Instead of a Ban

As we know by now, India is unaware of where it will be in a few years when it comes to cryptocurrency. However, it looks like many regulators are now potentially looking to oversee crypto activity within the country rather than outright ban it like everyone has feared over the past several months. India Can’t Decide Where to Go with Crypto India is presently setting up a panel of crypto experts who will discuss the regulation of crypto in the region. Artur Schaback –...

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Paxful and Ternio Join Hands to Introduce New BTC Debit Card

Block Card – a fintech and cryptocurrency firm established by Ternio – is joining hands with peer to peer (P2P) bitcoin platform Paxful to give users access to a new kind of digital debit card. According to a statement, the card will be available to residents of the United States, who will have the opportunity to convert digital currencies into USD for the purpose of buying goods and services. They can also open bank accounts and withdraw money from ATMs around the world.Paxful and Ternio...

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#998 Paypal Übernahme BitGo, Mode Global Bitcoin Cash Reserve & Paxful Umsatzboom durch Gutscheine

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 998. Im heutigen Video geht’s um folgende Themen: Paypal Übernahme BitGo, Aktienunternehmen Mode Global setzt auf Bitcoin & Paxful 16 Millionen Dollar wöchentlicher Umsatz durch Gutscheine. 1.) Payment giant PayPal plans to acquire bitcoin custody platform BitGohttps://coinnounce.com/payment-giant-paypal-plans-to-acquire-bitcoin-custody-platform-bitgo/ 2.) Aktienunternehmen Mode Global setzt auf Bitcoin als...

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P2P Exchange Paxful Has Joined Hands with South Korea’s Bithumb

Peer-to-peer (P2P) bitcoin trading platform Paxful has announced it is joining hands with popular South Korean cryptocurrency exchange Bithumb Global, arguably one of the largest and most influential exchanges throughout the country.Bithumb and Paxful Are Now Working TogetherThanks to this new partnership, Paxful will have access to more customers in Asia. Bithumb currently boasts roughly one million mobile app users and eight million registered exchange users. In addition, the company...

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Paxful: BTC Trading in Russia Has Exploded

Peer-to-peer (P2P) trading platform Paxful says that Russians are growing very weary of the coronavirus pandemic and that they are regularly turning to bitcoin as a means of keeping themselves safe and their wealth hedged against weakening economic conditions.Paxful Has Seen a Surge in Russian Trading ActivityThe pandemic has had some nasty effects on global markets around the world. The United States, for example, has released $1,200 stimulus checks to all citizens making less than $75,000...

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