#CryptoExchange - Web3Africa

Luno exchange wins 2025 Crypto Exchange of the Year award

KenMichaelsOctober 14, 2025October 16, 2025010 mins

TL;DR, A MyBroadband survey named Luno exchange the 2025 Crypto Exchange of the Year, with nearly 65% of South African traders choosing it for its reliability, security, and ease of use. Luno builds trust by being the first FSCA-licensed crypto provider in SA, securing 95% of assets in offline cold storage, and offering independently verified…

Inside the Paxful Shutdown: Misconduct, Compliance Costs, and Your Next Move

KenMichaelsOctober 9, 2025October 9, 2025011 mins

TL:DR, The Paxful shutdown affects 14 million users in 140+ countries; withdraw funds before November 1, 2025 to avoid losing access. Closure stems from historic misconduct by former executives plus mounting legal and compliance remediation costs that made operations unsustainable. The exchange’s collapse was caused by massive legal and compliance costs stemming from…