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Nigeria to ban peer-to-peer crypto trading in naira
7.5.2024
Nigeria’s SEC is set to launch a new regulatory framework for crypto exchanges, custodians firms “in the coming days.”
Nigeria Mulls Over Banning P2P Crypto Transactions; Labels Crypto Trading as National Security Concern
5.5.2024
Nigerian authorities are reportedly planning to prohibit financial institutions from facilitating peer-to-peer cryptocurrency transactions. According to a report, Nigeria’s Office of the National Security Adviser has classified cryptocurrency trading as a national security concern. Three fintech...
Franklin Templeton Upgrades $380M Tokenized Treasury Fund to Enable Peer-to-Peer Transfers
25.4.2024
The feature helps to expand the utility of the Franklin OnChain U.S. Government Money Fund's BENJI token and make it more interconnected with the digital asset ecosystem
Is It Too Late to Buy Bittensor? TAO Price Falls After Binance Listing as Spotlight Shifts to Solana’s Hidden New Coin
12.4.2024
Cutting edge AI token Bittensor (TAO) has fallen 20% in 24 hours to trade at $572, only a day after listing on Binance in what looks like “buy the rumour, sell the news” trading activity, according to data by Coin Gecko. Bittensor is a pioneering peer-to-peer (p2p) machine learning...
The peer-to-peer lending genius Kelexo (KLXO) secures XRP & Solana (SOL) investment globally
12.3.2024
The crypto lending industry is one of the fastest-growing sectors in the crypto eco-space. With an overall appraisal worth billions of dollars, crypto lending has become a business expenditure for token holders who are not looking to trade. This is because while trading requires users to be active...
Binance Removes Nigerian Naira from P2P Service Amid Devaluation Concerns
1.3.2024
Cryptocurrency trading platform Binance has made the decision to remove the Nigerian currency, the naira, from its peer-to-peer (P2P) service, prompting discontent and concern among Binance users in Nigeria.
The post Binance Removes Nigerian Naira from P2P Service Amid Devaluation Concerns appeared...
Binance Implements Price Cap for USDT on Nigerian P2P Platform to Comply with Local Regulations
21.2.2024
Binance has introduced a price cap for Tether (USDT) tokens on its peer-to-peer (P2P) platform in Nigeria in order to comply with local regulatory requirements.
The post Binance Implements Price Cap for USDT on Nigerian P2P Platform to Comply with Local Regulations appeared first on Cryptonews
Japanese Financial Regulator Proposes Stricter Measures For P2P Crypto Transactions
14.2.2024
Japan’s principal financial regulator has unveiled a series of proposed measures that could negatively impact the peer-to-peer (P2P) transactions market. In a Wednesday announcement, the Financial Services Agency (FSA) issued a formal request to Japanese banks, noting that a high number...
Report: Bitcoin and L2 Networks Lead Fee Generation Surge in Blockchain Landscape
29.1.2024
The PWN DAO Foundation, linked to the peer-to-peer lending protocol PWN, has released a comprehensive report analyzing user-incurred onchain fees within major blockchain networks and decentralized applications (dapps) for the past year. The 2023 analysis examines Ethereum, BNB Chain, Bitcoin,...
New Bitcoin Tool Enables Paywalls and Subscriptions With BTC: Here’s How It Works
26.1.2024
Crypto developers just dropped a new tool that lets creators monetize their content with Bitcoin (BTC) – and it’s a lot more flexible than fiat-based competitors. Built by programmers Pierre Corbin and Hugo Ferrer, Bitcoin payment gateway “Flash” brings subscriptions, paywalls, and payment...
‘Bitcoin in the West Has Sold out, and Now Only the Global South Can Save BTC’ — Ray Youssef
1.1.2024
According to Ray Youssef, the CEO of Noones, peer-to-peer (P2P) bitcoin trading is the United States’ public enemy number one because its potential widespread adoption by people from the Global South represents the “world’s first real threat to the U.S. Treasury system.”...
eTukTuk Boosts Drivers’ Income by Up to 400% – What’s in it for Investors?
23.12.2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content. eTukTuk is a holistic EV (electric vehicles) ecosystem designed specifically for developing economies. In addition to three-wheeler taxis that run on electricity, it consists of a blockchain...
Layer3 P2P Clearing Network Yellow Launches Incentivized Testnet
21.12.2023
Peer-to-peer Layer3 Yellow Network has announced it is launching a beta version of its testnet, along with an exclusive incentive program. Yellow will carry out a selection program to identify testers eligible to participate in network activities in return for rewards. Following this closed beta...
P2P Platform NFT Trader Falls Victim to Security Flaw, $3 Million in Blue-Chip NFTs Lifted
17.12.2023
Reports indicate, and the peer-to-peer non-fungible token (NFT) market platform has confirmed, that the NFT platform NFT Trader experienced a security breach. An assailant exploited an outdated smart contract, resulting in the theft of nearly $3 million worth of esteemed digital collectibles...
Binance P2P to Discontinue Russian Ruble Trading Pair From January 31 Next Year
11.12.2023
Source: Iryna Budanova/Adobe Digital asset exchange Binance has announced a discontinuation of the Russian Ruble trading pairs on its peer-to-peer (P2P) platforms from Jan 31, 2024. In a Dec 11 official announcement, the company disclosed that it would no longer support the Russian Ruble trading...
Former Paxful Top Executive Ray Youssef Joins Rival P2P Platform Noones as CEO
8.12.2023
Ray Youssef, the former CEO and founder of the peer-to-peer (P2P) bitcoin trading platform Paxful, has been appointed the chief executive officer of the P2P financial communication app Noones. Youssef also reiterated his belief that bitcoin will play a role in promoting Africa’s prosperity. Noones...
Versatus Labs Raises $2.3 Million To Launch Stateless Rollup
7.12.2023
Versatus Labs raises $2.3 million in seed round funding, bringing its valuation to $50 million. The funding aims to develop the Verastus LASR, a Stateless Rollup. Image: Versatus Labs In an announcement this Wednesday, Verastus Labs, a peer-to-peer web service protocol aiming to enhance...
Is It Too Late to Buy BitTorrent? BTT Price Gains 100% as Telegram’s Latest Crypto Casino Attracts Big Players
7.12.2023
BitTorrent Token / Source: Adobe BTT, the token that powers BitTorrent’s suite of decentralized peer-to-peer file-sharing applications, saw an explosive more than 75% move higher on Wednesday. The move was driven by the time by an announcement that the Tron network, upon which the BTT token...
Apple Faces Class Action Lawsuit Over Blocking P2P Payments for Crypto Apps
21.11.2023
Source: AdobeStock / BGStock72 Apple is facing a class-action lawsuit that alleges the tech giant has engaged in a conspiracy to limit peer-to-peer payment options on its devices and block the integration of crypto technology in iOS payment apps. The complaint, filed on November 17 in a California...
DeFi Market Concentration: Gauntlet Data Reveals Few Major Projects Dominate the Industry
16.11.2023
Image Soure: Adobe A limited number of participants are currently dominating decentralized finance (DeFi), the sector aiming to recreate financial markets without intermediaries. According to data gathered by Gauntlet, a crypto-risk modeling company, most categories within DeFi, such...