Bitcoin trading volumes post new high in Philippines peso on Paxful
Weekly Bitcoin trading volumes in the Philippines peso were steadily growing on Paxful this year and eventually hit a new high in July. Go to Source Powered by WPeMatico
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Binance Reveals Incident That Forced It to Freeze BTC Withdrawals
In a post-mortem issued shortly after it lifted the freeze on bitcoin withdrawals, Binance has identified the “repairing of several minor hardware failures on wallet consolidation” as the incident that ultimately forced it to pause withdrawals. To fix the problem and to stop this from recurring, Binance said it changed the logic “to only take … Read more
Localbitcoins User Pleads Guilty to Running Unlicensed Crypto Business — Faces Up to 5 Years in Prison
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 to take action against crypto traders using services such as … Read more
Paxful partners with Miami mayor to give away 500 tickets to Bitcoin 2022 conference
The giveaway is part of a broader strategy to promote financial literacy and Bitcoin education in the City of Miami. Go to Source Powered by WPeMatico
Bitcoin education center launches in El Salvador to boost adoption
90% of El Salvadorans described their knowledge of Bitcoin as poor or non-existent last year despite BTC becoming legal tender. Go to Source Powered by WPeMatico
Arcane Research predicts 700 million Lightning Network users by 2030
Arcane Research says that Lightning Network usage has been on a steep upwards trajectory since late last year, but in September growth went parabolic off the back of El Salvador’s Bitcoin adoption. Go to Source Powered by WPeMatico
P2P exchange Paxful integrates Lightning Network
Lightning Network is the leading Bitcoin scalability solution, providing layer-two transaction capabilities separate from BTC’s main blockchain. Go to Source Powered by WPeMatico
Bringing the crypto payments ecosystem around the world: Ray Youssef
“I was nearly killed by the police, who saw me wandering through the city thinking I’m a looter.” Ray Youssef discusses his close calls and crypto adoption. Go to Source Powered by WPeMatico
Nigeria’s Cryptocurrency Traded Volumes on P2P Platform Top $1.5 Billion
According to Paxful, a peer-to-peer trading platform, Nigeria’s cryptocurrency traded volumes on the platform topped $1.5 billion in the first four months of the year 2021. This figure represents almost a third of Paxful’s global total volume of $5 billion. This latest traded volume figure once again reaffirms Nigeria’s status as one of the exchange’s … Read more
Paxful denies reports of customer data leak
A spokesperson from the crypto trading platform clarified that no leaks pertained to sensitive customer info. Go to Source Powered by WPeMatico
