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Local.Bitcoin.com Gathers 56K Accounts and $200M Worth of Trades Initiated

<header class=”article__header”> </header> <strong>Three months ago, Bitcoin.com launched its over-the-counter <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> marketplace on June 4. Since then, Local.Bitcoin.com has aggregated more than 56,000 accounts, hundreds of bustling users every day and thousands of <a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a> trade offers.</strong> Also Read: Plans to Build $50M Bitcoin Cash Tech …

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‘We’re Going to Find You’ – How Undercover Agents Trade Prison Time for Bitcoins

</header> <strong>An Australian national living in Boulder, Colorado was slammed with a one year and a day prison sentence last month for trading bitcoins. An August 23 statement from the Colorado U.S. District Attorney’s Office states that Emilio Testa, 32, was charged with money laundering, and claims Testa knew the funds he was acquiring had …

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P2P Exchange Hodl Hodl Sneaks Around China’s Google Firewall

Peer-to-peer bitcoin trading just got a little bit bigger thanks to a simple technical change. On a company blog post, multi-sig P2P bitcoin exchange Hodl Hodl announced the extension of its services to China. Hodl Hodl said Google’s reCAPTCHA service, used by the exchange and blocked by Chinese firewalls, was to blame. As part of its …

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BTC, ETH, DAI Cross-Chain Atomic Swaps Launched By Liquality on Mainnet

Peer-to-peer cryptocurrency solutions project Liquality has launched its interface for cross-chain atomic swaps between bitcoin (BTC), ether (ETH) and stablecoin dai (DAi) on the mainnet. The news was revealed in an official company blog post on June 24. Atomic swaps are a solution that enables the exchange of one cryptocurrency for another without the need …

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Ethereum-Based Synthetic Asset Platform Loses Over 37M Tokens in Oracle Attack

The Ethereum-based synthetic asset issuance platform Synthetix has lost over 37 million synthetic ETH (sETH) in an oracle attack, according to a report by The Block on June 24. While the amount of sETH in question is known to be over 37 million, the price of this loss in U.S. dollars is reportedly unknown due …

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Privacy Is Paramount: How KYC Makes Us All Less Free

<header class=”article__header”> </header> <strong>KYC (Know Your Customer) policies and endless private data collection, coupled with force-backed, violent legislation compromise the utility and ethics of crypto trading. An uncompromising stance on user privacy is critically important to crypto traders and peer-to-peer transaction. It’s not about having nothing to hide, but about sound economics, human dignity, and …

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Polish Bank Verifies Documents With Ethereum Blockchain

Alior Bank, a bank based in Warsaw, Poland, is using the public Ethereum blockchain to authenticate its clients’ documents, according to a report by Forbes on June 17. According to the report, when a client at Alior receives a document, they can now verify its authenticity by following a website link to its spot on …

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Local.Bitcoin.com Shows Lots of Active BCH Listings From Traders Worldwide

<header class=”article__header”> </header> <strong>Six days ago news.Bitcoin.com announced the launch of <a href=”https://local.bitcoin.com/”>Local.Bitcoin.com</a>, a peer-to-peer marketplace that allows people to trade bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) in a private manner. Since then there have been roughly 14,000 accounts created so far, and many people are actively trading throughout various countries worldwide.</strong> Also …

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Bitcoin.com’s Local Bitcoin Cash Marketplace Is Now Open for Trading

<header class=”article__header”> </header> <strong>The highly anticipated Local.Bitcoin.com is now available to the general public. As of right now, anyone in the world can use the service to trade bitcoin cash (<a class=”lar-automated-link” href=”https://markets.bitcoin.com/crypto/BCH” target=”_blank” rel=”noopener noreferrer”>BCH</a>) securely. Since pre-launch signups were announced last month, thousands of traders have created accounts and there are over 2,200 …

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Localbitcoins Removes In-Person Cash Trades Forcing Traders to Look Elsewhere

<header class=”article__header”> </header> <strong>On June 1, cryptocurrency enthusiasts were shocked to hear that the peer-to-peer exchange Localbitcoins has ceased offering in-person cash trades. According to a few users, all pending fiat trades have been canceled, leaving local traders who prefer cash high and dry and forced to seek other avenues.</strong> Also read: Bitcoin.com’s Local Bitcoin …

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