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What Binance's Exit From Nigeria Means for P2P Bitcoin
27.3.2024
The exchange was forced to leave Nigeria, and I’m sure it will happen to other crypto companies in other countries, Ray Youssef, CEO of NoOnes, writes
‘Bitcoin in the West Has Sold out, and Now Only the Global South Can Save BTC’ — Ray Youssef
1.1.2024
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s first real threat to the U.S. Treasury system.”...
Former Paxful CEO Ray Youssef Named CEO of Noones, a Financial Communication App – Here’s What You Need To Know
4.12.2023
Source: Adobe / Rizu Designs Former Paxful CEO Ray Youssef has been appointed as CEO of Noones, a financial communication app aimed at integrating the Global South into the world’s financial systems. Noones has announced the appointment of Ray Youssef as its CEO following its official launch...
P2P marketplaces need to become unstoppable, permissionless - Paxful co-founder
25.8.2023
A new project aims to build a peer-to-peer marketplace to facilitate censorship-resistant, permissionless trading between Bitcoin users
Former Paxful CEO Ray Youssef Urges Platform Users to ‘Cease Trading’
11.7.2023
On July 7, Ray Youssef, the former CEO of Paxful, told users of the peer-to-peer crypto marketplace to stop trading on the platform. Youssef claimed that Paxful is now “just paying legal bills” and that “no African or any non-American should trust any IS corporation.”...
Former Paxful CEO Says He Cannot ‘Vouch for Anything Happening There Now’ — Platform Tells Users It Is Back Online
13.5.2023
The former CEO of Paxful, Ray Youssef, has told users of the peer-to-peer bitcoin marketplace that he is no longer in control and therefore cannot vouch for “anything that is happening there now.” Youssef also told a user who claimed to have been scammed on the platform that he too...
Paxful restarts marketplace operations for the first time since April
8.5.2023
Amid the suspended service, Ray Youssef said he had made his "final act" as CEO after helping unfreeze 88% of certain users’ accounts
Twitter Founder Jack Dorsey's Crypto Firm Partners with Paxful's Ray Youssef for P2P Marketplace Venture
6.5.2023
Jack Dorsey's crypto firm TBD has partnered with Paxful co-founder Ray Youssef to launch a decentralized peer-to-peer (P2P) crypto trading platform.
The new venture, called Civilization Kit (Civ Kit), will be built on Nostr, a decentralized network protocol for distributed and free social...
Paxful CEO announces 88% of accounts unfrozen, $4.4M in funds remaining
17.4.2023
“I gave up my title as CEO to unfreeze these accounts and am also in danger of being in contempt of court,” said Ray Youssef
Drugs, Erratic Dismissals and Feuding Founders: Behind Bitcoin Marketplace Paxful’s Unraveling
8.4.2023
Founded in 2015, Paxful became one of the most popular places to buy bitcoin in Africa and other emerging markets, with more than 200 employees. Behind the scenes, staff took paid trips to music festivals, bosses fought, dismissals reportedly occurred on a whim and the smell of cannabis permeated...
As Bitcoin Platform Paxful Closes, Co-Founder Youssef Talks Up Alternatives
5.4.2023
A whitepaper for Civilization Kit, a decentralized bitcoin peer-to-peer marketplace that also allows users to build their own decentralized marketplaces, will be published in several weeks. Noones, a new “Bitcoin peer-to-peer super app for the Global South,” is already available in private beta
Paxful to Drop Ethereum Trading Due to Increased Centralization and Consensus Mechanism Pivot
22.12.2022
Paxful, a New York-based, peer-to-peer (P2P) cryptocurrency exchange, will drop Ethereum trading from its platform on Dec. 22. Ray Youssef, CEO of the company, cited different reasons for this decision, with increased centralization and the recent consensus mechanism pivot amongst them. Youssef...
Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
14.6.2022
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from...
Bringing the crypto payments ecosystem around the world: Ray Youssef
25.7.2021
“I was nearly killed by the police, who saw me wandering through the city thinking I’m a looter.” Ray Youssef discusses his close calls and crypto adoption
Former Heavyweight Boxing Champion Mike Tyson Asks Fans if They Prefer Bitcoin or Ethereum
19.7.2021
On Saturday, former heavyweight boxing champion, Mike Tyson, asked his 5.6 million followers on Twitter which crypto asset they prefer: bitcoin or ethereum. Tyson is no stranger to the world of crypto and just recently stepped into the realm of non-fungible token (NFT) collectibles. Iron Mike Asks...
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
5.5.2021
According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume...
Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Despite $100K Pledged to Charity, Adam Back Remains Silent Over Proposed Debate
9.5.2019
There’s over $100,000 on the line that could be given to charity for about an hour of Adam Back’s time. If he chooses to debate Bitcoin Unlimited’s Peter Rizun over why he thinks it’s a bad idea to scale with larger blocks, Paxful’s Ray Youssef‏ has pledged $100K...