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Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs
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Bitcoin Adoption in Africa Sees Massive Surge as P2P Volumes Hit All-Time Highs

Crypto analyst Kevin Rooke has revealed that Bitcoin is having a field day as peer to peer (P2P) volumes are hitting all-time highs (ATHs) as a 2.5-fold surge has been experienced since March. Some of the African nations leading the pack include Kenya, South Africa, Nigeria, and Ghana, as the Bitcoin being traded weekly has exceeded $1 million.

Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions
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Paxful Exits Venezuela’s P2P Crypto Bitcoin Market Following US Sanctions

Paxful has withdrawn its crypto trading services from Venezuela after the country was classified as high-risk by the Office of Foreign Assets Control (OFAC).

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System
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Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Crypto usage is growing in Russia, despite attempts by the government to make investment more difficult.

Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent
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Bitcoin in Africa: Cryptocurrency and P2P Bitcoin Trade Surge Across the African Continent

Cryptocurrency adoption and peer-to-peer Bitcoin transactions are on the rise across the African continent. There have been significant advances across Africa for crypto adoption in terms of regulation, trade volume and reported cryptocurrency ownership.

Binance Announces New Global Merchant Program for Crypto Peer-to-Peer Users
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Binance Announces New Global Merchant Program for Crypto Peer-to-Peer Users

Leading cryptocurrency exchange Binance has announced a new program into its array of programs and services. This program is available for all users and members of the platform as the exchange aims to service P2P users very better and to ensure optimal liquidity for them.

Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin
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Paxful Crypto Peer-to-Peer Marketplace Expands Beyond Bitcoin with Tether USDT Stablecoin

Paxful, the leading peer-to-peer Bitcoin trading platform, announced that it will be adding stablecoin Tether to its crypto payment options.

OKX Launches P2P Block Trade for High-Volume Crypto Transactions
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OKX Launches P2P Block Trade for High-Volume Crypto Transactions

OKX introduces its P2P block trade service for secure, efficient high-volume crypto transactions.

Unclear Crypto Regulations in South Africa Alarm Entrepreneurs
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Unclear Crypto Regulations in South Africa Alarm Entrepreneurs

Cryptocurrency regulation is still largely unclear in South Africa, creating a strenuous business environment for crypto entrepreneurs.

Lido Finance Halts Operations on Solana Following Community Consensus
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Lido Finance Halts Operations on Solana Following Community Consensus

Lido Finance is discontinuing its operations on Solana blockchain following a community consensus within its DAO. The decision, revealed on October 16, 2023, comes after a proposal highlighting the unsustainable financials of Lido on Solana. Despite this cessation, Lido expresses continued optimism for Solana's ecosystem.

Crypto Adoption in Sub-Saharan Africa Rises, Study Shows
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Crypto Adoption in Sub-Saharan Africa Rises, Study Shows

Many young people in Sub-Saharan Africa are taking the cryptocurrency route to build and preserve wealth despite low economic opportunities.

Africa Records the Largest Bitcoin P2P Volume Growth
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Africa Records the Largest Bitcoin P2P Volume Growth

Africa continues to stamp its authority in the crypto space based on the significant Bitcoin peer-to-peer volume growth witnessed in the continent.

Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot
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Sub-Saharan Africa Dethrones Northern America as the Top Bitcoin Adoption Spot

Sub-Saharan Africa has been the top Bitcoin adoption spot for 181 consecutive weeks after edging out Northern America, as revealed by Arcane Research.

LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads
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LocalBitcoins Hits New Milestone, Reaching 200,000 Mobile App Downloads

LocalBitcoins, the world’s leading P2P Bitcoin marketplace, is scaling the heights because its mobile app available on iOS and Android surpassed 200,000 downloads, with 5 more languages incorporated.

Nigerian Crypto Investors Face Account Freezing
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Nigerian Crypto Investors Face Account Freezing

Nigerian crypto investors using P2P services are concerned about the Central Bank of Nigeria (CBN) flagging their bank accounts due to their connection to the Flutterwave hack. The situation has discouraged P2P users from using OTC markets, causing businesses to crumble and possible legal repercussions.

Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China
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Binance Accused by Chinese State Media of Operating Cryptocurrency Exchange in China

Chinese state media has reported that Binance is still supporting local users trading cryptocurrency, despite China banning all exchanges in 2017.

Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets
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Binance P2P Introduces Flat Taker Fee on USDT Trades in Select Markets

Binance P2P platform announces the implementation of a flat taker fee for USDT trading pairs across selected fiat markets, set to take effect by end of June 2024.

Bitfinex Launches P2P Video Chat App Keet alongside Tether
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Bitfinex Launches P2P Video Chat App Keet alongside Tether

Blockchain startups Bitfinex and Tether have launched a P2P video calling application dubbed Keet, enabling users to access applications and enjoy the freedom of speech.

LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark
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LocalBitcoins Clocks 300,000 Mobile App Downloads, With Africa Making a Mark

Two months after reaching 200,000 mobile app downloads on iOS and Android, LocalBitcoins has scaled the heights by crossing the 300,000 mark.

Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says
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Regulatory Clampdown Pushed US and China Down the Crypto Adoption List, Chainalysis says

Cryptocurrency analysis data platform Chainalysis released a report highlighting a declining ranking in the US and China cryptocurrency adoption rate while emerging economies record significant growth in crypto adoption.

BitMEX Invests in South Africa’s Largest Bitcoin Exchange
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BitMEX Invests in South Africa’s Largest Bitcoin Exchange

In a bold financial move, the parent company of BitMEX cryptocurrency exchange has decided to invest in a South Africa’s biggest Bitcoin exchange, VALR.

Paxful Joins Hands with iProov, Providing Identity Verification
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Paxful Joins Hands with iProov, Providing Identity Verification

Paxful, a leading peer-to-peer (P2P) crypto trading platform, has selected iProov to revamp user identity verification when onboarding and making transactions.

LocalBitcoins Shuts Down After 10 Years
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LocalBitcoins Shuts Down After 10 Years

After 10 years, Finland's LocalBitcoins is closing.

LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad
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LocalBitcoins Cuts Fees to Zero for Ukrainians Both Locally and Abroad

To ease transactions amongst Ukrainians as they face the Russian Army Invasion in their nation, P2P Bitcoin marketplace LocalBitcoins has removed all transaction fees for them both locally and abroad.

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela
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Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

Bitfinex has initiated a zero-fee trading feature for market takers on its Peer-to-Peer (P2P) platform in Argentina, Colombia, and Venezuela as of October 11, 2023. This move comes post the recent extension of the P2P service to these regions, aiming to reduce transaction costs, enhance liquidity, and encourage crypto trading. Users can access this facility by logging into their Bitfinex accounts and selecting the P2P option.

LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance
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LocalBitcoins Deploys Elliptic’s Blockchain-Powered Tracking Tools for Enhanced Surveillance

Leading peer to peer (P2P) Bitcoin trading platform LocalBitcoins has partnered with Elliptic, a global provider of crypto asset risk management solutions, to tame the headache of its illegal usage through blockchain-enabled monitoring tools.

Paxful Ready to Build on its African Market Success in 2020
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Paxful Ready to Build on its African Market Success in 2020

Global peer-to-peer (P2P) Bitcoin marketplace, Paxful, believes that the world has much to learn from Africa about the future of the crypto-economy and that 2020 will be a landmark year for the African crypto and blockchain industry.

Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?
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Binance Enables Support for Naira, But is Cryptocurrency Legal in Yet in Nigeria?

Binance, one of the top cryptocurrency exchange has opened support for the Nigerian National currency (Naira) on its trading platform.

Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation
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Venezuelans Will Love Bitcoin Even More with 10,000,000% Inflation

Bitcoin's trading volume has set a record high in Venezuela, thanks to the 10,000,000% inflation rate in 2019.

Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties
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Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties

Satoshi Nakamoto's Quotes on Trust - Trusted Third Parties

Binance Completed Their "Largest Upgrade" in 2 years, What was Improved?
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Binance Completed Their "Largest Upgrade" in 2 years, What was Improved?

Binance upgrades its cryptocurrency exchange platform and says it the biggest upgrade they've done in years.

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