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How to buy or sell Bitcoin without using a centralized crypto exchange?
With the fall of P2P exchanges like Paxful and LocalBitcoins, the question of how to buy or sell crypto without using CEXs is a pertinent one.
The failure of FTX triggered a notable growth of self-custody in 2022, with numerous cryptocurrency investors transitioning from centralized exchanges (CEX) to hardware or software wallets.
The rising popularity of self-custody could even potentially erase the need for centralized exchanges one day, according to Binance CEO Changpeng Zhao. But how would people buy or sell cryptocurrencies without centralized exchanges?
The crypto industry already offers ways to exchange cryptocurrencies like Bitcoin for fiat money without using a CEX like Binance. However, such a process is associated with certain pros and cons and may require additional research.
This article will discuss the most straightforward exchange methods to shed some light on buying or selling crypto without using a centralized crypto trading platform. Read More
MetaMask Launches "Buy Crypto" Feature
Popular cryptocurrency wallet and supplier of decentralized applications MetaMask has introduced a new feature that enables users to purchase cryptocurrencies with fiat cash straight from inside its Portfolio Dapp. This new feature can be found on the MetaMask website. It is anticipated that the newly added "Buy Crypto" function would make it simpler for customers to acquire cryptocurrency using a variety of payment methods, including debit or credit cards, PayPal, bank transfers, and quick ACH.
This service is accessible to users in more than 189 countries and provides access to more than 90 tokens distributed over eight distinct networks. These networks include Ethereum, Polygon, Arbitrum, BNB Smart Chain, Avalanche Contract Chain, Fantom, Optimis, and Celo. Users of MetaMask may have access to this functionality by either connecting their wallets to the Portfolio Dapp or clicking on the "Buy" button in the MetaMask extension wallet. Alternatively, users can click here.
After the user has gained access to the functionality, they will have the option to pick their area, payment method, the token, and the network on which they want to make a purchase. When generating a personalized price estimate for each transaction, the function takes into consideration a number of criteria, including the location of the user as well as any applicable regional legislation. Following the user's selection of a quotation, they will be sent to the website of a third-party service provider in order to complete the transaction. After that, the cash will be sent in an immediate manner into the user's MetaMask wallet. Read More
LimeWire’s new game simulates music pirating nostalgia and pays in crypto
LimeWire's retro music downloading game revives the look of its platform from the early 2000s and offers players the chance to win crypto.
A new game aimed at reviving the nostalgia of pirating music with the added bonus of crypto rewards has been launched by former peer-to-peer file-sharing platform turned nonfungible token marketplace LimeWire.
On April 13, the historic music-downloading platform, wildly popular in the early 2000s, was revived and turned to Web3 in the form of a retro music-downloading game themed on the Microsoft Windows XP operating system.
Players need to enter their email addresses to play the browser-based game that prompts them to search for old early 2000s music and movies to download.
The simulation will provide a list of songs or movies from that era for players to choose to “download” within a time limit. Each simulated download that doesn’t contain a simulated “virus” will yield points to the player.
The scores are entered onto a leaderboard with the top players eligible to receive a distribution of LimeWire’s upcoming ERC-20 token, LMWR. Read More
Ethereum’s Shapella hard fork executed on mainnet
After months of delays, Ethereum validators can finally withdraw their staked Ether and rewards from the Ethereum mainnet.
The Shapella hard fork has officially been executed on the Ethereum mainnet — meaning that Ethereum validators can finally withdraw their staked Ether from the Beacon Chain.
The long-awaited upgrade took effect at 10:27 pm UTC on April 12 at epoch number 194,048.
Within the first hour of the hard fork, a total of 12,859 Ether were unlocked in 4,333 withdrawals, according to Ethereum block explorer beaconchai.in.
Currently, around 44% of validators, or 248,043 of the total active 559,549, can request a partial or full withdrawal.
The majority of withdrawals at this time range between 2.8 to 3.2 ETH, which suggests that it’s mostly staking rewards that are being withdrawn at this time.
The withdrawals come as only 3,996 validators signed up to the exit queue moments before the Shapella hard fork took effect, according to data from Rated Network Explorer.
Of the total amount of withdrawable Ether, crypto exchange Huobi holds the largest share at 30%, followed by the decentralized autonomous organization PieDAO at 17.7%, according to data from blockchain analytics firm Nansen. Read More
REFER THREE TO MARKETHIVE TO RECEIVE BONUS AIRDROPS AND ACTIVATE MICROPAYMENTS
As Markethive continues to gain traction with new members joining daily, Markethive is steadfast and in preparation to take a large share of the new Market Network that is the next generation following the social media craze of Web 2.0. Markethive is a Social Market Broadcasting Network. It sounds like a mouthful, and it is!
Markethive is an all-encompassing platform that has integrated;
As Markethive’s foundation is Blockchain-driven, it has its consumer coin, currently named Markethive Coin (MHV), but soon to be renamed Hivecoin (HVC - the Ticker Symbol). It is fully integrated into the system and has created an Ecosystem for all Markethive members, free and upgraded Entrepreneurs.
So Markethive has established its niche as the only Social Market Broadcasting Network with an infinity Airdrop and a system that rewards the users for engaging on the platform and learning how to use it with ongoing, real-time micropayments, otherwise known as a Faucet.
Markethive has the combined power of Facebook, LinkedIn, Marketo, and Amazon, with the real advantage of deriving income within the Markethive system while promoting your business and enjoying the social media interface. Read More
Twitter to launch crypto and stock trading in partnership with eToro: Reports
The popular social media app is looking to introduce crypto and stock trading options from within the app as Musk aims to penetrate financial markets.
Popular social media platform Twitter is reportedly set to introduce a new feature that will allow users of the platform to trade cryptocurrencies and stocks. The new feature is being launched in partnership with fintech firm eToro, as reported by CNBC.
Twitter users will be able to browse market charts for a wider variety of financial instruments and purchase or sell crypto and other assets through eToro. The latest partnership between the social media platform and fintech firm will expand on Twitter’s “cashtags” feature that currently allows users to view real-time trading data from TradingView. An eToro spokesperson told Cointelegraph:
"Twitter has become a really important part of the retail investing community and it’s where a lot of people go to access financial news and acquire knowledge. We think $Cashtags can play a central role in this conversation and they are already gaining a lot of traction."
The new financial features can be accessed via a “view on eToro” tab, which will take the users to eToro’s trading platform. The fintech company, founded in 2007, introduced crypto trading features and a crypto wallet in 2019. Read More
DeFi tool to notify users about suspicious on-chain activity
In determining the success of Web3, security measures like PureFi’s SafeTransact alongside Web3 security companies are an approach to secure transactions from cybercriminals.
The success of Web3 is dependent upon solutions to the security issues posed by distinct application structures.
Web3 security companies are responsible for ensuring that blockchain-based platforms and applications are protected from cyber threats. These companies offer a variety of services, including smart contract auditing, security testing and incident response. PureFi, a decentralized finance (DeFi) protocol for cryptocurrency onboarding, has introduced a new method called SafeTransact to improve the security of Web3 transactions.
Web3 security is heavily dependent on the unique ability of blockchains to establish promises and withstand human intervention. These software-controlled networks, however, are a potential hacking target because of the related trait of finality — the fact that transactions are often irreversible. This implies a need for more levels of prevention-oriented security. SafeTransact’s addition to the global crypto security arsenal helps in that regard.
SafeTransact examines blockchain transactions and promptly notifies users of any suspicious activities. It is designed to integrate with AMLSafe, a multi-crypto wallet from the same ecosystem. Read More
Bitcoin Privacy Tool Aims to 'Confuse' Surveillance Companies
Analytics companies make a living tracking Bitcoin transactions. Developer Dan Gould wants to make their lives harder with PayJoins.
Bitcoin developer and privacy veteran Dan Gould has released a new privacy tool that aims to make it harder for Bitcoin analytics companies to track who owns which Bitcoin.
Bitcoin transactions aren't very private; seeing every Bitcoin transaction ever made is as easy as pulling up any Bitcoin block explorer. Bitcoin analytics companies like Chainalysis (which some call "surveillance" companies) use patterns that they see among transactions to inform governments and companies about where Bitcoins are sent and who's sending them.
Gould released a Software Development Kit (SDK) in late March that aims to make it easier to add support for "PayJoin"—a privacy technique invented back in 2018—to any Bitcoin wallet or service, providing an easy way to adopt private Bitcoin payments. In addition, the website he created, payjoin.org, aims to educate about PayJoin so website or exchange builders can be more informed about it as a possibility.
PayJoin isn't yet widely supported, despite not being very hard to implement, Gould explained to Decrypt. The developer said he wants to educate and make the privacy method better-known. Since the release of the SDK, the Bitcoin wallet and browser extension BitMask has used it to adopt PayJoins. Foundation and BDK are looking into adopting it as well. Read More
Uniswap launches iOS mobile wallet in select countries
The decentralized exchange had previously stated that Apple was not allowing the app to be listed on the App Store.
Decentralized exchange Uniswap has launched a mobile wallet that features built-in support for the exchange, according to an April 13 announcement from the company. The app is available for iOS devices in select countries and can be found in Apple’s App Store.
The Uniswap team complained on March 3 that Apple was blocking the app from its stores. But in this new announcement, the team said that its wallet is “out of Apple jail and now live in most countries.”
Uniswap said the new wallet allows users to swap tokens on the Ethereum, Polygon, Arbitrum and Optimism networks. It can also be connected to any Ethereum app through WalletConnect. Users can back up their accounts by either writing down their seed phrase or encrypting their key vaults with a password and storing them in iCloud.
The Uniswap app also allows users to see detailed information about nonfungible tokens (NFTs) stored within it, including their floor prices and collections. Read More
Disclaimer: These articles are provided for informational purposes only. They are not offered or intended to be used as legal, tax, investment, financial, or any other advice.
