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Nairaland Forum / YungMike's Profile / YungMike's Posts
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Sports / Re: Will This Spur The Super Eagles To Win The AFCON? by YungMike(m): 11:01am On Jan 13 |
Yes!! Money is a strong motivational factor Make all these Fund Approvals no end for paper sha 4 Likes |
Business / Re: Palmpay Truly Closing Down by YungMike(m): 12:57pm On Dec 17, 2023 |
I believe you're connected to MTN INTERNET. I had same issue, had to switch to a different internet. |
Properties / Re: How To Qualify For The National Housing Fund Loan And Buy Your First Home by YungMike(m): 2:18pm On Aug 22, 2023 |
lol 6 Likes 1 Share |
Business / Re: Get 1gb Internet Data For As Low As N250, Valid For 30days. by YungMike(m): 6:17pm On Aug 07, 2023 |
Get 10gb for #2500 only. Hit up |
Foreign Affairs / Re: Abdulsalami Abubakar-Led ECOWAS Delegation Arrives Niger To Meet Coup Leaders by YungMike(m): 10:09pm On Aug 03, 2023 |
loo |
Investment / Re: Crypto Currency Investors Thread by YungMike(m): 5:30am On Jul 29, 2023 |
seanwilliam: Yea. They still very much reliable and faster too. 1 Like |
Business / Re: CBN Sets N50,000 As Daily Limit On Contactless Payments by YungMike(m): 8:39pm On Jun 28, 2023 |
hata |
Business / Re: My Futures Trading Strategy:- How To Earn Over #500,000 Naira Monthly by YungMike(m): 7:06pm On Jun 17, 2023 |
So, you're trying to say this your trading strategy has no loses at all |
Business / Re: Africa-focused Crypto Firm "Paxful" Announces Closure by YungMike(m): 6:16pm On Apr 05, 2023 |
Share your thoughts guys... |
Business / Africa-focused Crypto Firm "Paxful" Announces Closure by YungMike(m): 6:16pm On Apr 05, 2023 |
Paxful, a global Bitcoin marketplace with strong roots in Africa, is shutting down operations and returning funds to users. The CEO, Ray Youssef, cited mass staff exits and increasing regulatory issues as reasons for the company’s closure. The peer-to-peer Bitcoin platform is popular in Africa, with Nigeria and Kenya among the top countries on its volume-by-country list. According to Youssef, the exits were so bad that “there were no engineers, compliance team members, or security personnel left working at the company.” This situation painted a huge security risk that prompted the decision to close the company’s doors. With this announcement, Paxful joins the list of US-based crypto companies that have had to shut down amid regulatory fire. Last Friday, Bittrex, a Seattle-based crypto exchange, announced its wind down as a result of regulatory challenges. Another US-based platform, Beaxy, was shut down by the Securities and Exchange Commission for operating an unregistered exchange. Even the crypto behemoth, Binance was sued last week by the Commodity Futures Trading Commission for violating compliance rules. Youssef believes the US regulators “still don’t get it,” and are growing increasingly suspicious of crypto companies. However, several reports reveal that infightings may have contributed to the company’s problems. Paxful’s cofounder Artur Schaback took to the courts to challenge Youssef and the company after, according to Youssef, he’d been kicked out over a year ago. Youssef said Schaback’s “nasty litigation team” forced the exit of senior staff members in the company. With Paxful’s exit, the spotlight is again on African crypto companies, many of which are registered in the US. As the crypto winter continues for another year, we can only hope that the ripple effects of these shutdowns and regulatory actions are not ruinous for Africa’s crypto ecosystem. TechCabal asked an anonymous staff of Quidax about the local implications of the struggling US crypto ecosystem. “We don’t do business in the US. Quidax is registered here in Nigeria,” the staff responded. source: TechCabal
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Health / Re: Help! Dark Spot Won't Leave My Face Despite Using Many Antibacterials Cream. by YungMike(m): 3:37pm On Mar 26, 2023 |
Ehinjuola: Hi Bro, So sorry to hear about your health and confidence issues. I can recommend you to someone who sells pure Organic ORIFLAME Product that can clear that black spots in few weeks and give you a smooth clear skin. If interested, ring me on 08065000615 to connect you. 1 Like |
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