P2P Marketplace Paxful Reopens After Temporary Shutdown
P2P marketplace Paxful reported reopening a month after it shut down due to litigation and regulatory pressure. "One month later, we are pleased to announce that the Paxful marketplace is back up and running. At the beginning of April, we were ...
TBD and Paxful co-founder to launch DeFi network for P2P bitcoin markets
It will be called the Civilization Kit (Civ Kit) And it will offer quick plug-and-play identification The founders already predict "the next evolution of bitcoin." Jack Dorsey's crypto company TBD partnered with Ray Youssef, co-founder of Paxful. They ...
Ray Youssef Unlocks 88% of Frozen Accounts on Paxful
Ray Youssef, the co-founder of the now-defunct P2P marketplace Paxful, has revealed that 88% of previously frozen accounts have been unlocked and that users can now withdraw their funds from the platform. Youssef made the announcement via Twitter, stating that this feat was accomplished in just 1 ...
Conflict of Interest Between Paxful Co-Founders Leaves BTC Market Uncertain
The BTC market is currently uncertain about the reopening outlook of P2P bitcoin trading platform Paxful due to a conflict of interest between its co-founders. Reports indicate that tension arose between Ray Youssef and Arthur Shabak, leading to the termination of the platform's activities. Th ...
Paxful Ceases Operations due to Regulatory Environment and Employee Departures
Paxful, a prominent bitcoin exchange platform operating through peer-to-peer transactions, recently made a surprising announcement that it would be discontinuing its services. The decision was reportedly prompted by a combination of factors, including regulatory pressure and the departure of key ...