{"id":582144,"date":"2023-05-08T22:08:27","date_gmt":"2023-05-08T21:08:27","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=582144"},"modified":"2023-05-08T22:08:35","modified_gmt":"2023-05-08T21:08:35","slug":"paxful-resumes-operations-month-offline","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/paxful-resumes-operations-month-offline\/","title":{"rendered":"Paxful Resumes Operations After Being Offline For A Month"},"content":{"rendered":"\n
Paxful has announced that it is resuming operations after being offline for more than a month. The P2P bitcoin exchange shut down operations last month following the departure of key staff members and increasing scrutiny from regulators in the United States. <\/p>\n\n\n\n
According to a blog post<\/a> from Paxful earlier today, the peer-to-peer Bitcoin marketplace is now back online. Over the next two days, the platform will gradually restore functionality to the marketplace. The platform took to Twitter earlier today to inform its community that it is back and is \u201cbetter than ever\u201d. Its staff has reportedly been working for the past month to bring the marketplace back online without compromising the safety and security of users.\u00a0<\/p>\n\n\n\n We know it has been a difficult time for many of our users, who were understandably surprised by the sudden suspension, however, we are delighted to be back so that we can continue to serve millions of people without financial access.\u201d<\/p><\/blockquote>\n\n\n\n News of the resumption of services comes as a positive development for its users. The exchange suspended <\/a>operations on April 4, 2023, amid growing scrutiny by American regulators and the departure of the company\u2019s key staff members including Paxful co-founder Artur Schabeck. Paxful Wallet remained fully operational throughout the suspension period. Its users were also offered multiple P2P crypto avenues to continue trading.\u00a0<\/p>\n\n\n\n