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Emerging Markets Drive Paxful First Half 2020 Bitcoin Volume to $1.1 Billion
14.7.2020
Peer-to-peer (P2P) crypto exchange Paxful reported Tuesday that its bitcoin trading volumes climbed 35% to $1.1 billion during the first six months of 2020 compared to $817 million a year ago. More than $182 million worth of bitcoin (BTC), on average, was traded on the platform every month between...
Nigerian Scammers Used BTC & Gemini Exchange to Siphon Millions
12.7.2020
Nigerian scammers converted millions of dollars into Bitcoin via Gemini exchange according to an FBI criminal complaint
Food and Cash Shortages Push Cubans Toward Permissionless Cryptocurrencies
5.7.2020
The Nation of Cuba is dealing with a national food crisis, as Venezuela has stopped offering aid to the small island nation. Moreover, the coronavirus outbreak has caused a shortage of cash couriers called “mules” and everyday items are becoming scarcer. Amid the crisis, a number...
Localbitcoins 2019 Revenue Rises 10% to $29.6 Million Amid Increased Paxful Competition
2.7.2020
Peer-to-peer (P2P) crypto exchange Localbitcoins has reported that 2019 revenue rose 10% to $29.6 million from $27 million a year ago. For the year, operating income fell 6% to $19.9 million from $21.2 million the year before. Localbitcoins did not provide detail about net profit. The Finnish...
LocalBitcoins Revenue Up 10% Despite KYC Impacting Market Share
2.7.2020
LocalBitcoins reported a 10% increase in annual revenue for 2019 despite the platform's KYC overhaul impacting trade volume on the platform
American Pundi X Merchants Can Now Sell Crypto Via PayPal
1.7.2020
As the crypto community’s anticipation for PayPal’s exploration into crypto grows, Pundi X has integrated the payments processor for its point-of-sale devices
LocalBitcoins Says Its Transactions From Darknet Markets Dropped 70%
26.6.2020
LocalBitcoins claims that darknet-related transactions on the platforum dropped 70% after it adopted AML and KYC regulations in September 2019
Paxos ‘Flippens’ LocalBitcoins As The Largest P2P Bitcoin Marketplace
19.6.2020
Bitcoin (BTC) peer-to-peer (P2P) trading market went through a historical week, as Paxful has surpassed LocalBitcoins in weekly trading volume for the first time in P2P trading history.
According to data provided by Coin.dance, Paxful is now the leading Bitcoin P2P marketplace in terms of global...
Paxful ‘Flippens’ LocalBitcoins As The Largest P2P Bitcoin Marketplace
19.6.2020
Bitcoin (BTC) peer-to-peer (P2P) trading market went through a historical week, as Paxful has surpassed LocalBitcoins in weekly trading volume for the first time in P2P trading history.
According to data provided by Coin.dance, Paxful is now the leading Bitcoin P2P marketplace in terms of global...
United States Sets New Record for P2P Bitcoin Trading
11.6.2020
Peer-to-peer Bitcoin trading in the United States has surged to post its strongest weekly volume on record, with almost $29 million trading on Localbitcoins and Paxful
Blockchain Bites: Libra’s Future, Elrond’s ‘Trial by Fire’ and LocalBitcoins’ Volume
10.6.2020
An unknown wallet set a $2.6 million ETH transaction fee and Hacker Noon announced it will test out Web 3.0 micropayments
LocalBitcoins’ Volume Holds Steady Despite Stricter Compliance Procedures
9.6.2020
Banning cash transactions and requiring identity verification has not noticeably hurt bitcoin’s oldest operating peer-to-peer exchange, market data shows
How Bitcoin Fits Into Lebanon’s Banking Crisis
5.6.2020
Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent
Despite Russia’s Confusing Crypto Laws, P2P Bitcoin Trade Volumes Soar
3.6.2020
Peer-to-peer cryptocurrency trading data shows digital assets like bitcoin are growing extremely popular in Russia, despite the State Duma’s opinions and regulations aimed at crypto assets. On Monday, the Russian government published a draft version of litigation mandates called “On...
Russia Leads Global BTC Trading on LocalBitcoins for 2nd Month in a Row
2.6.2020
Russia tops global Bitcoin trading on P2P exchange LocalBitcoins amid local crypto regulation uncertainty
Africa Is Experiencing a Crypto Renaissance
24.5.2020
Crypto use and adoption is beginning to see significant growth across Africa
African P2P Volume Beats Out Latin America for First Time
22.5.2020
African P2P volumes are surging, posting the second-largest weekly regional trade for the first time on record
African Bitcoin Trading Volume Breaks 2017’s Record Ahead of Halving
7.5.2020
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
Iran Ditches the Rial Amid Hyperinflation as LocalBitcoins Seem to Trade Near $35K
4.5.2020
Iran’s parliament votes to institute a new currency as coronavirus and sanctions hyperinflate the rial and local Bitcoin prices skyrocket relative to official exchanges
Latin American Markets Post Record P2P Volume in April
2.5.2020
Four Latin American markets have produced record trade activity on Localbitcoins during April