Tag: P2P

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Cryptocurrency and COVID-19: Bitcoin’s Path to a Safe Haven

Bitcoin may provide some of the best solutions to drive a new economy in the post-COVID-19 world. Aren’t we all searching for a safe haven? Whether we mean literal shelter — four walls and a roof over our heads — or something more sophisticated, the craving for a dependable defense against random chaos has always…
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African Bitcoin Trading Volume Breaks 2017’s Record Ahead of Halving

Peer-to-peer Bitcoin trade in Sub-Saharan Africa has rallied, surpassing the previous combined volume record posted at the heights of 2017’s rally. Crypto investors in Sub-Saharan Africa appear to be accumulating ahead of Bitcoin’s (BTC) halving next week. According to data published by Useful Tulips, surging African demand has driven record peer-to-peer (P2P) Bitcoin trading volume…
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Coinbase-Backed Securitize Launches Compliance Tool for P2P Transactions

Securitize, a compliance platform for token issuers, has released a new tool that ensures private digital securities trading is completed compliantly. Securitize, a digital securities platform backed by major cryptocurrency exchange Coinbase, has announced a new tool that assures that secondary market transactions of digital securities are compliant with regulations. According to an April 22…
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Bitcoin SV’s Social Platform Twetch Streamlines P2P Payments

The Bitcoin SV powered social platform Twetch has introduced command-line style payments. Bitcoin SV powered social media platform Twetch has launched a feature to streamline peer-to-peer (P2P) payments. Twetch is a Twitter-like social media platform where users must make micropayments in order to post and engage with content on the platform. Content creators are directly…
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Paxful Launches Peer-to-Peer Trading Between Gold and Bitcoin

P2P crypto exchange Paxful has launched support for trade between Bitcoin and gold. Peer-to-peer (P2P) cryptocurrency marketplace Paxful announced the introduction of support for trade between gold and Bitcoin (BTC) on the platform on April 7. With the announcement, Paxful now facilitates physical trading in 16 different countries. Cointelegraph spoke to Paxful CEO and Founder…
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Banking Shut Down Drives Crypto Adoption Among Venezuelans

The indefinite suspension of Venezuela’s national banking system is driving further adoption of cryptocurrencies. Peer-to-peer Bitcoin (BTC) trading has surged in Venezuela after shutting banks amid a nationwide quarantine to fight the spread of coronavirus. On March 17, Venezuelan President Nicolas Maduro brought a country-wide quarantine to slow the spread of COVID-19. With only 33…
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Binance P2P Adds Five New Fiat Currencies in Latin America

Binance has rolled out peer-to-peer crypto trading with five new Latin American fiat currencies. Cryptocurrency exchange Binance has rolled out peer-to-peer (P2P) crypto trading with five new Latin American fiat currencies.  Users of the Binance P2P trading platform can now buy and sell cryptocurrency directly with Brazilian real (BRL), Argentine peso (ARS), Colombian peso (COP),…
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What Are zk-SNARKs and How Do They Affect Digital Privacy?

Trustless zero-knowledge proof systems, known as zk-SNARKs, have the potential to become the leading technological solution for privacy protection. At a time when technology can be used as both a mechanism for privacy intrusions and a tool for protecting privacy, the prescient sentiment of cypherpunks in the 1990s of cryptography as the last defense against…
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Nigerian Naira Is First African Fiat Currency Supported on Binance P2P

After launching Nigerian Naira deposits in October 2019, Binance adds support of NGN as its first African currency for P2P trading. As part of ongoing fiat-to-crypto expansion, major cryptocurrency Binance is adding support for the Nigerian Naira (NGN) on its peer-to-peer (P2P) platform. Binance P2P, a consumer-to-consumer business arm of Binance exchange, is rolling out…
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LocalBitcoins Hits a 7-Year Low of Weekly Traded Bitcoins

Popular P2P exchange LocalBitcoins traded 3,144 bitcoins during one week in February, which is the lowest since 2013. Popular peer-to-peer (P2P) crypto trading exchange LocalBitcoins saw a major decline in Bitcoin (BTC) trading volumes amid apparent user uncertainty. According to data from Bitcoin (BTC) statistics website Coin Dance, global Bitcoin trading volumes on LocalBitcoins exchange…
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