Crypto advocates are calling for Elon Musk to deregister a profile that falsely identifies as the Bitcoin pioneer, Satoshi Nakamoto. This profile, Satoshi ‘X’, is seen as deceptive, fascilitating potential misuse of identities. The debate raises issues of authenticity, operational integrity, and societal trust in digital currencies.
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Paxful’s Comeback: Assessing Trustworthiness Amid Legal Turmoil and Leadership Changes
After a month-long hiatus due to a lawsuit and leadership disputes, the peer-to-peer Bitcoin marketplace Paxful is back online. However, the lack of transparency on the ongoing lawsuit and company leadership changes has raised concerns about its trustworthiness among some industry participants.