The decentralized exchange aggreagator 1inch Network introduced peer-to-peer, or P2P, order functionality within the 1inch decentralized application, or dApp. This feature allows users to specify the person or wallet that will fill the other side of the trade, as opposed to over-the-counter, or OTC payments where 1inch matches the order with a taker. 1/ It’s time to broaden the scope of DeFi services available to our users! #1inch is happy to introduce a #P2P feature, which facilitates ️ secure #crypto swaps between individual users. Read more ⤵️https://t.co/CoH2YhvC69 — 1inch Network (@1inch) March 3, 2022 According to the company website, this …

Though he has had 11 business failures, today Ray Youssef is building Bitcoin-funded schools across Africa as executive director of the Built With Bitcoin Foundation and is helping millions of people buy and sell cryptocurrency as CEO of Paxful. However, Youssef also admits to looting hardware stores on behalf of a convent school after Hurricane Katrina and says he was nearly shot as a suspected CIA agent during the Egyptian Revolution. He has just returned from El Salvador, where he spent time at Bitcoin Beach — where he says even children are using Bitcoin (BTC). Crypto payments services are important …

Singapore-based cryptocurrency exchange TomoChain will launch a peer-to-peer, or P2P, lending feature on June 6 through its TomoDEX’s platform. According to an announcement, TomoDEX is the first decentralized exchange, or DEX, powered by the layer 1 protocol TomoX — which will have a maximum of 150 DEXs running on it. It’s currently in soft launch with spot trading enabled. The DEX boasts a reported speed of 2,000 transactions per second. Long Vuong, CEO of TomoChain said the P2P lending feature does require a trusted custodian and there will be no information asymmetry: “All functionality is handled through auditable smart contracts …

As part of ongoing fiat-to-crypto expansion, major cryptocurrency Binance is adding support for the Nigerian Naira (NGN) on its peer-to-peer (P2P) platform. Binance P2P, a consumer-to-consumer business arm of Binance exchange, is rolling out support for the first African fiat currency on its platform. According to an announcement shared with Cointelegraph, Binance P2P users can trade major cryptocurrencies such as Bitcoin (BTC) using NGN with zero transaction fees starting from March 4. Users in Nigeria can now post trade ads via P2P Merchants The NGN integration also allows users in Nigeria to directly purchase and sell cryptos like Bitcoin, Ether …

Non-custodial peer-to-peer (P2P) bitcoin (BTC) exchange HodlHodl announced Lightning Network support in a Medium article published on June 5. The announcement claims that now “everyone is able to buy bitcoins and receive them directly into their Lightning wallet & sell bitcoins directly from their Lightning wallet.” The post also notes that the platform has previously tested Lightning Network support on the test network. The company reportedly only implemented Lightning Network support after successful testing. The post further highlights that the actual procedure will not be much different when compared to the usual HodlHodl transaction: “The only difference is that for …

Tron (TRX)-owned peer-to-peer (p2p) software company BitTorrent announced that it will release the public beta version of its decentralized social media app BitTorrent Live in Q2 2019 in a press release on March 27. Per the release, the company started offering early access to the BitTorrent Live streaming service today. The app, a video-based social media platform seemingly similar to Snapchat and TikTok, allows its users to create live content and connect with other people through mobile devices. The service will also reportedly let its users livestream from anywhere they have access to the internet while viewers will be able …