Bitcoin
Bitcoin (BTC)
$66,897.00 -4.69003
Bitcoin price
Ethereum
Ethereum (ETH)
$3,211.45 -8.51133
Ethereum price
BNB
BNB (BNB)
$592.59 -2.20169
BNB price
Solana
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$150.60 -12.91237
Solana price
XRP
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$0.5428390 -10.79697
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$0.0000243 -11.76957
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$0.0000058 -20.81633
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$0.0000171 -20.99273
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Bitcoin
Bitcoin (BTC)
$66,897.00 -4.69003
Bitcoin price
Ethereum
Ethereum (ETH)
$3,211.45 -8.51133
Ethereum price
BNB
BNB (BNB)
$592.59 -2.20169
BNB price
Solana
Solana (SOL)
$150.60 -12.91237
Solana price
XRP
XRP (XRP)
$0.5428390 -10.79697
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -11.76957
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 -20.81633
Pepe price
Bonk
Bonk (BONK)
$0.0000171 -20.99273
Bonk price
Bitcoin
Bitcoin (BTC)
$66,897.00 -4.69003
Bitcoin price
Ethereum
Ethereum (ETH)
$3,211.45 -8.51133
Ethereum price
BNB
BNB (BNB)
$592.59 -2.20169
BNB price
Solana
Solana (SOL)
$150.60 -12.91237
Solana price
XRP
XRP (XRP)
$0.5428390 -10.79697
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -11.76957
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 -20.81633
Pepe price
Bonk
Bonk (BONK)
$0.0000171 -20.99273
Bonk price
Bitcoin
Bitcoin (BTC)
$66,897.00 -4.69003
Bitcoin price
Ethereum
Ethereum (ETH)
$3,211.45 -8.51133
Ethereum price
BNB
BNB (BNB)
$592.59 -2.20169
BNB price
Solana
Solana (SOL)
$150.60 -12.91237
Solana price
XRP
XRP (XRP)
$0.5428390 -10.79697
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000243 -11.76957
Shiba Inu price
Pepe
Pepe (PEPE)
$0.0000058 -20.81633
Pepe price
Bonk
Bonk (BONK)
$0.0000171 -20.99273
Bonk price

Paxful delists Ethereum citing ‘integrity over revenue’

paxful-delists-ethereum-citing-integrity-over-revenue
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Paxful delists Ethereum citing ‘integrity over revenue’

Paxful, a P2P crypto marketplace, reveals kicking Ethereum off its marketplace, citing its increasing centralization and ETH-based scam tokens.

The CEO of Paxful, Ray Youssef, said he would delist ethereum from the platform on Dec. 22. Youssef cited integrity over revenue as the basis of his decision:

https://twitter.com/raypaxful/status/1605529289054527488

Youssef reiterated the initial purpose of establishing Paxful: to create a world where bitcoin would emancipate people from a reality pervaded by economic apartheid.

The CEO further highlighted the reasons for obliterating ETH from his crypto exchange. According to Youssef, its consensus layer upgrade from proof-of-work to proof-of-stake has converted ETH to a digital form of fiat. When ethereum was still operating on PoW, it was decentralized like bitcoin. Since its detachment from PoW, the chain went under central control, Youssef concluded.

Finally, Paxful CEO mentioned several ETH-based scam projects that cost lured billions of dollars from investors and stole momentum from bitcoin.

Earlier this month, Youssef called for self-custody of crypto assets. Paxful’s CEO established that he has never tampered with customers’ funds. As a show of support for self-custody, he advised users of the platform to transfer their assets to private wallets. Finally, Youssef admonished users to gain oversight of their assets and be mindful of developments that put their funds at stake.

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