Paxful

Paxful denies reports of customer data leak

An anonymous online source was recently spotted trying to sell private customer and employee data allegedly obtained from crypto exchange Paxful. A spokesperson from the company told Cointelegraph that no customer data has been jeopardized, however. “Our customers’ data has not been compromised in any way,” said the spokesperson on Friday. “There has been no …

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Paxful Celebrates the Real Reasons People Use Bitcoin Everyday With #BitcoinForAll Giveaway

<div class=”featured_image_container”> </div> <b>Paxful, one of the largest peer-to-peer cryptocurrency marketplaces in the world, is celebrating the real reasons people use bitcoin everyday with a special $15,000 <a href=”https://paxful.com/blog/sign-up-trade-win-btc/?utm_source=custom_bitcoin.com&amp;utm_medium=ntag_paid_display&amp;utm_campaign=GLOBAL_ALL-EN-AQ-txt-offer-paxful-20210125-bitcoin_com_1500_users&amp;utm_content=blogpage”>giveaway</a>. The platform helps millions to have access to payments, e-commerce, remittances, wealth preservation and philanthropy with bitcoin.</b> What Real People Use Bitcoin For With bitcoin’s incredible …

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Kenya Expects to Earn $46 Million as New Tax Targeting Crypto Exchanges Comes Into Force

<div class=”featured_image_container”> </div> <strong>The Kenya Revenue Authority (KRA) is expecting to earn up to 5 billion Kenyan shillings ($45.5 million) during the first half of 2020 from a new tax that targets cryptocurrency exchanges and other online services, according to a top KRA official.</strong> First proposed in August 2020, the digital service tax (DST) came …

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Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes

<div class=”featured_image_container”> </div> <strong>A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes.</strong> Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ) announced last week that a …

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Nigeria Is Paxful’s Second Biggest P2P Bitcoin Market, Trades Top $566 Million in Five Years

<div class=”featured_image_container”> </div> <strong>Nigeria, Africa’s biggest economy and most populous nation, traded more than $566 million worth of bitcoin between 2015 and 2020, making it the world’s second-largest peer-to-peer (P2P) bitcoin market after the U.S., which traded $3.75 billion in the period under review.</strong> According to an analysis of bitcoin trading platform Paxful’s database shared …

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Foreign Crypto Exchanges Like Paxful, Binance to Pay 1.5% Tax Under Kenya’s New Regulations

Interest in Bitcoin Soars in Egypt Amid Economic Crisis and Unemployment A growing number of Egyptians are reportedly turning to bitcoin amid rising unemployment and the economic crisis. An Egyptian bitcoin community is seeing a huge spike in the number of members interested in bitcoin mining and trading. Egyptians Increasingly Attracted … read more. UK …

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Paxful, Turkey-Based BiLira, Cointral to Expand Crypto Offerings in Eastern Europe

Peer-to-peer crypto marketplace Paxful said it’s partnering with BiLira, the group behind the Turkish lira-backed stablecoin bilira (TYRB), and crypto trading platform Cointral as part of a push to trade cryptocurrencies in Eastern Europe.  Paxful said the move follows strong growth in trading registrations by Turkish users over the past year. Both BiLira and Cointral are …

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Paxful breaks ground on Nigerian school in #BuiltWithBitcoin initiative

Peer-to-peer cryptocurrency marketplace Paxful announced Sept. 17 that it had broken ground on a new school in Nigeria. This is the fourth school of 100 planned as part of its #BuiltWithBitcoin initiative to bring quality education to emerging countries. The school, located in the Ankara Nandu community of Sanga Local, will serve an estimated 100–120 …

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P2P Bitcoin Exchange Paxful Shuts Down Venezuela Operations to Comply With US Sanctions

Peer-to-peer (P2P) crypto exchange Paxful is shutting down its operations in Venezuela, apparently, to comply with U.S. economic sanctions against the leftist government of disputed president Nicolas Maduro. On Tuesday, a Paxful spokesperson told news.Bitcoin.com that the exchange will now start restricting new accounts and closing old ones, as part of the shutdown process. “Current …

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Russia’s crypto law is a mixed bag, according to industry execs

Russia’s new cryptocurrency-related law, “On Digital Financial Assets,” or DFA, seems to have had little impact on the local cryptocurrency industry so far. In its current form, the DFA law essentially provides legal status to digital assets like Bitcoin (BTC), but prohibits their use for payments in Russia. As the DFA law is poised to …

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