The debit card was made possible thanks to an alliance with a Spanish neobank Bitcoin (BTC) P2P marketplace Paxful has partnered with Spanish neobank Bnext to launch its first crypto debit card in Mexico. The partnership will allow Paxful’s Mexican customers to use their crypto funds to pay with a debit card in any national…
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A new report has found almost half of all Bitcoin traded on the P2P exchange Paxful is exchanged for gift cards. A report published by Arcane Research has revealed that nearly half of Paxful’s trade volume comes from trade between Bitcoin (BTC) and gift cards. The report found that, “purchasing Bitcoin with gift cards has…
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What will happen to foreign P2P marketplaces operating in Venezuela? Due to the regulations and sanctions related to the U.S. Office of Foreign Assets Control, or OFAC, Paxful announced that they will no longer provide services in Venezuela, according to an announcement on September 14. In a statement sent to Cointelegraph, Paxful’s CEO, Ray Youssef,…
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Web 3.0 will certainly be a step toward a more decentralized, immutable and censorship-resistant version of the web. Lately, the controversial topic of censorship on Big Tech platforms reached a turning point when U.S. President Donald Trump’s campaign account was banned on both Twitter and Facebook for “spreading coronavirus misinformation.” The conversation over who has…
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As it stands, the current commercial and political landscape presents a perfect storm to herald the rise of decentralized alternatives. The failures of centralization in protecting individual and business data have been highlighted repeatedly over the past few years. Facebook, Google, Twitter, Microsoft, Sony and many more have all faced large-scale data hacks that have…
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Humanity may never have a better chance to change finance than we do now, and crypto and blockchain could help us. If Bitcoin (BTC) was born in response to the systemic failures laid bare by one global financial crisis, then the subsequent rise of various decentralized networks can be seen as differences in opinion on…
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For the next generation internet to transition, a number of critical features must be implemented. Recent geopolitical events, such as President Trump’s order to ban TikTok and WeChat in the United States, have exemplified the imperative of decentralization. The next generation internet will empower individuals to own their data, exchange their wealth, and control their…
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The global economic transformation now faces the main question: What to choose — centralization or decentralization? A global pandemic, massive and worldwide protests, job automation, environmental issues and geopolitical tensions are just a few of the challenges facing humanity today. Amid the chaos, keystone global institutions and bureaucrats have openly discussed the present day as…
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Developing the DeFi space is perhaps the most important task that lies ahead for the crypto community in the coming years. The rapid growth of the decentralized finance space, the rise in demand, the improvement of its protocols, and the breadth of offered services and opportunities will provide retail users with the options they are…
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Blockchain can play a role in solving the profitability challenges of content generation industry giants like TikTok. Chinese content generation platform TikTok, a video-sharing app that has been called the fastest-growing social networking service in history, has been in the spotlight since early 2019 and now surpasses 800 million users. Despite the fact that the…
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