#P2PCrypto - Web3Africa

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…

Onchain Africa: How OnboardGlobal Fintech Integrates the Continent

KenMichaelsJune 10, 2025June 11, 202509 mins

In Brief OnboardGlobal fintech provides under-$100 KYC-light P2P crypto trading, enabling Nigerian freelancers to receive stablecoin payments and convert instantly to local currency. Strategic partnerships (e.g., Coinbase) and “Creator Scouts” programs foster NFT Monetization and community-driven innovation across Africa. Buildathons like Based Africa accelerate dApp development, tackling instant payments, financial inclusion, and on-chain rewards tailored…