P2P – Page 3 – Ƀitsell X

Zugacoin Controversy: Supposed Poverty Eradicating Cryptocurrency Criticized as Just Another Complex Nigerian Ponzi Scheme

August 27, 2022

After reports that merchants and holders of “Zugacoin” cryptocurrency are unable to make withdrawals, the founder of the Nigerian crypto, Sam Zuga responded by accusing unnamed “ignorant people” of working to tarnish the project. One Nigerian expert has advised prospective zugacoin investors to prioritize learning finer details about the project before investing. A Financial System…
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FTX Pay Integrates With Reddit’s Arbitrum Nova-Powered Community Points System

August 10, 2022

FTX has announced that FTX Pay’s infrastructure has integrated with the social media and news aggregation forum Reddit’s Community Points system. The integration has been rolled out in the U.S., EU, Australia, and other countries worldwide. FTX Pay will also join Infura, P2P, Google Cloud, and other companies and projects in order to create a…
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Tether, Bitfinex, Hypercore collab to launch encrypted P2P apps

July 27, 2022

The trio launched Holepunch with a vision to bestow control over data while breaking technology monopolies, among others. Staying true to the “bear market is for building” motto, crypto exchange Bitfinex along with Tether (USDT) and Hypercore announced the launch of a fully encrypted platform, Holepunch, for building peer-to-peer applications. As part of the initiative,…
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Binance Reveals Incident That Forced It to Freeze BTC Withdrawals

June 14, 2022

In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take…
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Caribbean Islands, Dubai, Mumbai — Bitcoin Cash Adoption Continues to Swell Worldwide

June 4, 2022

Bitcoin cash supporters are known for spreading adoption over the years and 2022 is no different. This year, the peer-to-peer cryptocurrency bitcoin cash has seen significant adoption throughout the islands of the Caribbean, alongside places like Dubai, and Mumbai. Bitcoin Cash Advocates Continue to Promote Peer-to-Peer Crypto Adoption According to the web page map.bitcoin.com, there…
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Get Real, Lagarde — The Underlying Asset ‘Guaranteeing’ Your Euro Scam Coin Is a Gun

May 24, 2022

With the approaching tsunami of central bank digital currencies (CBDCs) looming ever closer, it shouldn’t come as a surprise when central banks shill their coins at the expense of sounder assets. Recently, European Central Bank president Christine Lagarde went so far as to say that cryptocurrency is “worth nothing.” According to Lagarde, crypto has “no…
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Report: Nigerian Crypto Restrictions and Twitter Ban Have ‘Crippled Foreign Direct Investment in the Fintech Industry’

May 10, 2022

A new report has concluded that restrictions on cryptocurrency trading, as well as the banning of Twitter by Nigerian authorities, may have “crippled foreign direct investment in the fintech industry.” Foreign Direct Investment ‘Crippled’ A new report has found that restrictions imposed by Nigerian authorities on crypto trading may have contributed to the reduced foreign…
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Founder of Zimbabwean Fintech Startup: ‘Everyone Has a Right to Access Funds and Financial Freedom’

April 21, 2022

Cryptocurrencies have been proven to be a financial tool that can be used to store value or make payments by those excluded from the financial system. Yet, despite this being true in many jurisdictions, many of those that might benefit from cryptocurrencies are still not using them. Regulatory Uncertainty and Ignorance There may be several…
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Ukraine’s largest savings bank halts Bitcoin buys with hryvnia — Report

March 19, 2022

Despite Ukraine progressing with crypto regulation, locals are reportedly unable to buy Bitcoin using their bank accounts at PrivatBank. While the Ukrainian government has moved to legalize Bitcoin (BTC) amid the ongoing attacks from the Russian military, some of the largest local banks have reportedly banned their clients from buying BTC using the national currency.…
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Venezuela Might Have Cryptocurrency ATMs Again Soon

February 22, 2022

While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto ATM company, is currently in talks with Venezuelan authorities and banks to install some of its machines and stores in the country. Bitbase…
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Tag: P2P