Tag: paxful

Set to grow into an economic powerhouse over the next few decades, Africa will benefit greatly from investment into Bitcoin education.This is an opinion editorial by Ray Youssef, CEO of Paxful and cofounder of the Built With Bitcoin Foundation.Global wealth inequality is growing around the world. With inflation, conflict and the pandemic forcing many into extreme poverty, the top 1% are...

Bitcoin is financial technology that enables real progress for countries that traditionally suffered at the hands of the fiat system.This is an opinion editorial by Renata Rordigues, global community and education lead at Paxful. Bitcoin is empowering millions across the world to become sovereign entrepreneurs. After visiting neighborhoods in Nigeria and Colombia, I found people taking power back...

A year after the introduction of bitcoin as legal tender in El Salvador, we can reflect on the stories of those who’ve experienced the adoption firsthand.This is an opinion editorial by Renata Rodrigues, global community and education lead at Paxful.On June 8, 2021, when El Salvador announced that Bitcoin was to become legal tender in El...

A collection of different ways Bitcoin is having an impact on people’s lives across the globe.Bitcoin is for the millions, not the millionaires. At Paxful, we’re on a mission to show that Bitcoin has the power to open up the global economy to countless unbanked people around the globe — providing an accessible and sustainable alternative to traditional finance and a chance...

Ray Youssef, the CEO of bitcoin exchange Paxful, is traveling the world to enable global entrepreneurs with the power of peer-to-peer collaboration.Ray Youssef and his bitcoin exchange Paxful are changing the world one sovereign entrepreneur at a time. We may even look back in ten years and realize that Youssef and his team spawned an entirely new and bespoke category of entrepreneur...

Bitcoin education is a key part of onboarding the unbanked citizens of Africa who increasingly look to Bitcoin as their monetary network.For years I’ve been saying, to anyone who will listen, that Africa will lead global Bitcoin adoption. And that has come to fruition. It was at the Bitcoin 2021 Conference where I shared that same statement on the Nakamoto stage. And...

The initiative by Paxful will teach Salvadorans about Bitcoin and related topics for free.Peer-to-peer bitcoin platform Paxful has launched an educational center in El Salvador to help citizens learn about and better utilize Bitcoin. The initiative, called La Casa Del Bitcoin, aims to propel bitcoin adoption with free knowledge as the majority of the Salvadoran population still struggles with the technology....

Paxful, a peer-to-peer (P2P) bitcoin and crypto exchange service platform, announced today it has partnered with Lunu to facilitate purchases of goods and services in cryptocurrencies. Lunu is a payment solutions provider based in Berlin that allows users to spend their cryptos as fiat...

The peer-to-peer bitcoin trading platform will now enable its over seven million users to cheaply and quickly transact BTC.Peer-to-peer bitcoin exchange Paxful announced that its platform has fully integrated the Lightning Network, Bitcoin's second-layer scaling solution. The firm, one of the leading peer-to-peer trading platforms worldwide, will...

We might be witnessing “monetary history,” as Jack Mallers claims. The Strike CEO connected with African app Bitnob and sent $10 to Nigeria. Since Bitnob is connected to the Nigerian banking system, the money was instantly available in Naria (NGN.) It’s worth noting that Strike and Bitnob have no commercial relationship, their apps are...

Paxful, a peer-to-peer bitcoin and cryptocurrency marketplace platform, announced today it has partnered with Bingbon, a social trading exchange that offers both cryptocurrency spot and derivatives trading. This integration partnership allows Bingbon users to leverage Paxful’s fiat-to-crypto network directly on Bingbon’s trading app. Specifically, Bingbon users will be able to directly fund their accounts with local fiat currency using...

It feels like a movie, a modest youth outreach program at a remote beach ended up modernizing a whole country. And probably changing the whole world. Bitcoin is already legal tender in El Salvador, but that’s just the first step. The story continues at Bitcoin Beach, where an ever-growing group of Salvadorians is facing challenges and teaching children about the marvels of this...

Paxful has announced Paxful Pay, an ecommerce checkout integration that allows merchants worldwide to receive bitcoin as payment.Paxful, a global, peer-to- peer bitcoin exchange platform, has announced the launch of Paxful Pay, a new ecommerce solution to allow businesses around the world to receive bitcoin as payment for their goods and services, according to a...

A recent forum post offering the personal data of millions of Paxful users has been called “fake” by the exchange’s CEO.Last week, a user called “Mafufi” took to stolen data marketplace RaidForums to offer user and employee data from cryptocurrency exchange Paxful including their “first name, last name, date of birth, gender, address, phone number, email [and] passwords,” in exchange for 1...

Peer-to-peer Bitcoin exchange Paxful says that its user data has not been leaked, despite claims to the contrary by an individual attempting to sell the supposedly stoen data. Stolen Data Is Not User Records A member of the stolen data marketplace RaidForums recently put up for sale a database supposedly containing information on 4.8...

Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies.

In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction.

The steady creep of know-your-customer (KYC) requirements over firms that touch digital assets is now at the foot of self-hosted wallets.

Paxful, a global peer-to-peer crypto marketplace, today has introduced MoonPay to its platform, a payments infrastructure solution for cryptocurrency. The partnership will give Paxful users an option to make automated debit and credit card payments within the platform. Users will see a link where they can input their debit or credit card information and receive bitcoin in their Paxful wallet automatically, without any...