Crypto Ecosystem Loses Another P2P Marketplace As Paxful Shuts Down – End of an Era?
The peer-to-peer cryptocurrency exchange Paxful has succumbed to the relentless pressures of the ongoing crypto downturn. On Tuesday, Ray Youssef, Paxful's Founder and CEO, announced the suspension of the marketplace, st...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
On Tuesday, Ray Youssef, Paxful's Founder and CEO, announced the suspension of the marketplace, stating, "Today, Paxful will be suspending its marketplace. We are not sure if it will come back."
However, the Paxful Wallet will continue to operate, allowing customers to access their funds. ...
Read More: Crypto Ecosystem Loses Another P2P Marketplace As Paxful Shuts Down – End of an Era?
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional go...
Binance-Controlled Korean Exchange GOPAX Stops Trading, Makes Users Email to Withdraw Crypto
Customers of GOPAX, a Korean exchange whose operator Streami is majority-owned by Binance, can now get crypto out only by emailing...
South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat
Bitcoin Magazine South Korean Crypto Exchange Gopax Suspends Withdrawals and Trading After Hacking Threat South Korean cryptocurre...
Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading
Bitcoin Magazine Bull Bitcoin Becomes First Exchange to Add Payjoin Privacy Deposits, Withdrawals, and Payjoin-by-Default Trading...
China central bank probes Solana after Shanghai shutdown, report
China’s central bank has launched an investigation into Solana after authorities shut down an “illegal” promotional Solana event l...
StockFi: Connecting U.S. Stock with the On-Chain Ecosystem to Reshape Asset Circulation
Start with one stock. Connect two capital worlds. 6 November — Singapore — StockFi is advancing the connection between traditional...