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Nalezeno "LocalBitcoins": 96

LocalBitcoins to Shut Down After 10 Years Amid Challenging Market Conditions

10.2.2023
Bitcoin exchange LocalBitcoins has announced its closure after serving customers for more than 10 years citing the ongoing bear market. In a recent posting on its website, the exchange said it would be shutting down in the coming weeks due to tough market conditions. The platform said they...

Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs, LocalBitcoins Closing down

9.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Aave Announces Launch of GHO Stablecoin on Ethereum’s Goerli Testnet, MakerDAO Establishes Phoenix Labs...

LocalBitcoins closes down the P2P crypto exchange service

9.2.2023
LocalBitcoins’ customers have 12 months to withdraw their cryptocurrencies from the LocalBitcoins wallet but are advised to do so immediately

Binance Processed $346 Million for Crypto Exchange Bitzlato, Report Claims

26.1.2023
Cryptocurrency exchange Binance has reportedly processed nearly $346 million in crypto transactions for Bitzlato, the coin trading platform that was shut down in an international law enforcement operation. U.S. authorities say the world’s largest trading platform for digital assets was among...

Localbitcoins, Crypto.com, Other Providers Suspend Services for Russians Under EU Rules

16.10.2022
Complying with the latest EU sanctions targeting Russia, well-known cryptocurrency platforms like Localbitcoins, Blockchain.com, and Crypto.com have started to restrict or terminate services for Russian accounts. The moves follow the adoption of new European penalties in response to Moscow’s...

Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison

5.6.2022
A cryptocurrency trader has been convicted in the U.S. for operating an unlicensed money-transmitting business using Localbitcoins and Paxful. He faces up to five years in federal prison and a possible $250,000 maximum fine. Crypto Trader Pleads Guilty The U.S. Department of Justice (DOJ) continues...

Data Shows Ruble-Denominated Crypto Trading Has Spiked, RUB Represents Over 2% of USDT Trades

2.3.2022
According to reports and data stemming from ruble-denominated crypto trading pairs, Russian citizens are flocking toward cryptocurrencies amid the conflict in Ukraine. Analytical data indicates that the ruble is the sixth most traded pair with tether and tether’s fourth most traded...

Data Shows Ruble-Denominated BTC Volume Rising, BTC-RUB Prices Jump as High as $46K

28.2.2022
Amid the conflict in Ukraine with Russia, bitcoin trade volumes tied to Russian ruble pairs have surged in recent days. Metrics recorded by the crypto analytics provider Kaiko indicate that ruble (RUB)-denominated bitcoin volume reached close to 1.5 billion rubles four days ago, on February...

Bitcoin, Tether, Ethereum Trade for Premiums in Ukraine, Hryvnia BTC Price $3K Higher Than Global Average

26.2.2022
After Ukraine’s central bank imposed a limit on cash withdrawals, Kuna, a cryptocurrency exchange that provides trades in ruble and hryvnia saw a notable surge in volume. Moreover, to this day, crypto-assets being swapped on Kuna such as bitcoin, tether, and ethereum are trading for...

Localbitcoins P2P Exchange Launches Mobile App for Android

27.10.2021
Peer-to-peer cryptocurrency marketplace Localbitcoins has announced the launch of a new mobile application for its global user base. The software is designed for devices running on Android. The app has been released in response to a growing number of mobile traders. P2P Crypto Market Localbitcoins...

Emerging economies dominate Chainalysis’ 2021 Global Crypto Adoption Index

18.8.2021
The report indicated that worldwide adoption of crypto assets jumped over 1,200%, with peer-to-peer platforms driving cryptocurrency usage in emerging economies

A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption

28.5.2021
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers...

Binance Reaches Twitter Trending Topic Status in Venezuela

8.5.2021
Binance, one of the largest cryptocurrency exchanges worldwide, has reached a trending topic status in the Twitter social network sphere in Venezuela. The trend before the weekend, shows just how important cryptocurrency topics are for the citizens of the country at the moment. Cryptocurrencies...

Egypt’s Growing P2P Volumes Being Driven by Crypto Traders Under the Age of 34

23.4.2021
A recent market report by Localbitcoins suggests that traders or holders under the age of 34 are driving crypto volumes in Egypt. This rise in Egyptian crypto transactions is evidenced by P2P data which shows the crypto asset’s weekly traded volumes averaging $205,000 in much of Q1 of 2021....

‘No Middle Ground’: Inside Colombia’s Race to Become A Major Regional Crypto Market

13.1.2021
In 2020, Colombia saw a major boost in crypto use, both as a store of wealth and as a means of transaction

Localbitcoins Trader Facing up to 40 Years in Prison Over Bitcoin Fraud Schemes

24.12.2020
A trader on Localbitcoins and Paxful has pleaded guilty to charges in connection with a couple of bitcoin scams. The U.S. Department of Justice alleges that the trader knowingly sold bitcoin to victims of fraudulent schemes. Bitcoin Trader Facing Jail Time The U.S. Department of Justice (DOJ)...

P2P Bitcoin Trading: Venezuela, Colombia Account for Over 23% of Total Localbitcoins Volume

15.12.2020
A study revealed a rising trend in bitcoin (btc) volume trading across Latin America amid the coronavirus pandemic and rising inflation, pushing the figures to record highs and putting Venezuela and Colombia at the top of the ranking. Latin America Sees a Bullish Trend in Bitcoin P2P Trading Volume...