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294 sats \ 4 replies \ @TheBTCManual 4 Apr 2023
Damn this one blind sided me, first localbitcoins now Paxful, looks like the choke point continues
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0 sats \ 3 replies \ @karanjbhatia 5 Apr 2023
are they going after P2P exchanges? Is Binance next? Right now Binance is the only option left for P2P trading in Indian currency, today is the first time I have heard of Noones. It has a very similar UI to Paxful, maybe it is Paxful rebranded itself. But sign up isn't available, as it is showing "invite only" at the moment on the sign up page.
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0 sats \ 2 replies \ @TheBTCManual 5 Apr 2023
From the spaces he said its a combination of things, compliance is taking up a lot of their operational cash, but also their co-founder is suing and truing to get them to sell the company or give him a deal to let go of his share
If you are already a paxful member you can just move over to noones, theres a migration option and you can use your same account and any balance you have will be moved over, so far orders are coming in but noones doesn't have lightning set up seems to be the only difference
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0 sats \ 1 reply \ @karanjbhatia 5 Apr 2023
Where can I find this migration option on Paxful? Both sites have a similar UI, it seems Noones is by Paxful itself.
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10 sats \ 0 replies \ @TheBTCManual 5 Apr 2023
Login to your paxful account go to your dashboard or wallet, there should be a banner at the top that says migrate
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286 sats \ 0 replies \ @muteness11 4 Apr 2023
Join spaces to know more (in 5 mins)
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166 sats \ 0 replies \ @muteness11 4 Apr 2023
Then They Fight you
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51 sats \ 0 replies \ @davidw 4 Apr 2023
Going to be interesting who takes the other side of the bet that the west (🇺🇸🇬🇧🇪🇺🇨🇦🇦🇺) seem to be making.
Game theory will go into overdrive in these next 5 years.
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21 sats \ 0 replies \ @kr 4 Apr 2023
Paxful’s CEO wrote a blog post in response to the news here.
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0 sats \ 0 replies \ @tomlaies 5 Apr 2023
Heard that from a lot of companies post covid / since high inflation period.
Management on all parts of the economy are not ready for this paradigm shift in the next decade. Hiring has been a problem for some time now but loosing staff will wipe out more businesses. And the most egregious thing is when management has been warned multiple times before the big bang happens and seniors quit.
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0 sats \ 0 replies \ @karanjbhatia 5 Apr 2023
Will crypto conversion from ETH to BTC still work?
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0 sats \ 0 replies \ @TNStacker 5 Apr 2023
This makes me sad. Bough my first BTC on Paxful.
btw I'm loving Robosats!
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