カテゴリー: LocalBitcoins

Norwegian Startup Bitruption Plans to Launch a Localbitcoins Competitor

Norwegian Startup Bitruption Plans to Launch a Localbitcoins CompetitorOn Nov. 4, a Norwegian startup announced the launch of a new peer-to-peer marketplace called Bitruption. Similar to Localbitcoins, the Bitruption exchange plans to offer a format under which users around the world will be able to advertise, buy and sell digital currencies for local fiat. Also Read: Bitcoin Ownership: Your Private Keys to Financial Sovereignty […]

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Bitcoin Trader Faces Five Years in US Jail for Unlicensed Money Transmitting Business

Bitcoin Trader Faces Five Years in U.S. Jail for Unlicensed Money Transmitting BusinessBitcoin trader Jacob Burrell-Campos pleaded guilty this week in a U.S. federal court to operating an unlicensed money transmitting business. The 21-year-old San Diego native is now awaiting sentencing and faces a maximum of five years in jail. Also Read: How to Easily Give BCH as Gifts in Halloween Trick-or-Treat Packages ‘Serious Threat’ to US […]

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Deep Web Roundup: 20 Years for ‘Oxymonster,’ New Darknet Monitoring Tool

Deep Web Roundup: 20 Years for ‘OxyMonster’, New Darknet Monitoring ToolTwo stories stand out in our latest trawl of the deep web for news that filters through to the cryptosphere. One concerns the sentencing of Dream vendor “Oxymonster,” whose controversial prosecution on U.S. soil is part of a wider trend. We also take a look at Blocktag, a new tool for monitoring darknet sales. Also […]

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Vague Laws Leave Crypto Users Confused in Almost Half of the US

In Nearly Half of the US, Crypto Users Unsure if They’re Breaking LawsJustin Wales and Arnaldo Rego, lawyers at Carlton Fields, have surveyed all 50 states in the US, looking for clarity on money transmitting laws as they relate to cryptocurrencies. As adoption and general usage increases, states appear to be failing to keep up, leaving many enthusiasts to wonder if they’re committing a crime. Also read: […]

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P2P Markets Report: Record Volume in Peru, Argentina, Philippines

P2P Markets Report: Record Volume in Peru, Argentina, PhilippinesAccording to Coindance, peer-to-peer (P2P) trading activity has significantly rebounded during recent weeks, following the record low in volume posted for the week of the 1st of September. The increased trading activity appears to have mostly occurred in the Latin American and emerging BTC markets, with record volume posted by the Peruvian, Argentinian, and Philippine Localbitcoins […]

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Cash to Crypto Trade Blooming in Moscow, Reports Say

Cash to Crypto Trade Blooming in Moscow, Reports SayBuying cryptocurrency in Russia these days increasingly means parting with fiat cash, be it Russian rubles or American dollars. According to numbers quoted by local media, the 24-hour market turnover, just in Moscow, reaches a staggering $50 million dollars on peak days. Some say the cash-crypto trade resembles the wild-wild-east street forex of the 90s, […]

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P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade Volume

P2P Markets Report: BTC Posts Record Low for Localbitcoins Trade VolumeAccording to Coin.dance, the first week of September has comprised the weakest on record for global peer-to-peer (P2P) trade volume on Localbitcoins. The considerable lull in trading activity appears to have pervaded across the vast majority of Localbitcoins markets, with only half a dozen national markets posting volume that is comparable to the trading activity […]

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How to Buy Bitcoin Without Disclosing Your Identity

How to Buy Bitcoin Without Disclosing Your IdentityPrivacy preservation is one of cryptocurrency’s defining characteristics. Digital assets such as bitcoin provide a far higher degree of anonymity and surety than traditional online payment methods such as credit card or Paypal. There’s just one problem: buying bitcoin without disclosing your most intimate details isn’t easy. The following options, which don’t require KYC, are […]

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Where, What and How: Everything You Should Know About Buying Your First Cryptocurrency

Where, What and How: Everything You Should Know About Buying Your First CryptocurrencyIf you already own bitcoin, this article’s not for you – though you’d probably have appreciated it when you were first starting out. This one goes out to anyone who’s yet to dip a toe into the world of cryptocurrency, but is seriously considering it. Over the course of this guide, you’ll discover the best […]

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Banks Freeze Company’s Accounts After Owner Traded on Localbitcoins

Banks Freeze Business' Accounts After Owner Traded on LocalbitcoinsThe owner of cryptocurrency mining electric bicycle retailer, 50cycles, recently had his company’s accounts with HSBC and Barclays frozen within hours of transacting on peer-to-peer cryptocurrency trading platform, Locabitcoins. Also Read: P2P Exchange Options Increasing for Crypto Traders in India HSBC and Barclays Freeze Accounts of 50cycles Scott Snaith, the owner of cryptocurrency mining electric bicycle […]

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