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LocalBitcoins
An Ode to LocalBitcoins (and a Lesson About Maintaining Bitcoin's Public Goods)
Bitcoiners can take a leaf out of Ethereum's book when it comes to founding and funding open infrastructure needed for all.
Bitcoin Exchange LocalBitcoins to Shut Down 10 Years After Its Inception
LocalBitcoins, one of the longest-running bitcoin exchanges, is set to close this month in response to the "ongoing very cold crypto winter," roughly a decade after its inception. "The Hash" panel discusses the latest firm hit by the downturn in the crypto markets.
Okcoin's Chief Operating Officer Reacts to LocalBitcoins Closing Down
Bitcoin exchange LocalBitcoins is set to close this month amid the "ongoing very cold crypto winter." Okcoin Chief Operating Officer Jason Lau weighs in on how this could impact the market and crypto sector overall.
Bitcoin Exchange LocalBitcoins Set to Close This Month, Citing Crypto Winter
Bitcoin exchange LocalBitcoins will close this month after 10 years of operation, in response to current market conditions. The company said in a statement, "we are sad to share, that regardless of our efforts to overcome challenges during the ongoing very cold crypto-winter, we have regretfully concluded that LocalBitcoins can no longer provide its Bitcoin trading service."
Bitcoin Network Activity Hits Two-Year High Thanks to NFTs: CryptoQuant
Okcoin Chief Operating Officer Jason Lau joins "First Mover" to discuss the recent pause in bitcoin's January rally as the largest cryptocurrency by market capitalization trades sideways, staying below the $23,000 level. Plus, insights on the Ordinals protocol boosting network activity on the Bitcoin blockchain to a two-year high, according to a new CryptoQuant report. And, his reaction to LocalBitcoins planning to close down amid crypto winter.
Bitcoin Exchange LocalBitcoins to Close, Citing Market Conditions
LocalBitcoins is suspending the exchange 10 years after its inception because weekly volume has slumped.
FTX's Sam Bankman-Fried Backtracks on $1B Political Donation; Russians Face New Crypto Sanctions in the EU
Sam Bankman-Fried, the head of crypto exchange FTX, in an interview with Politico's Morning Money backtracked on his remarks that he would donate up to $1 billion in the next U.S. presidential election. Plus, crypto exchanges LocalBitcoins, Crypto.com and Blockchain.com have notified their Russian users that their services will soon be discontinued and recommended that the users withdraw funds from their accounts.
Russian Journalists, Activists Kicked Off Crypto Exchanges Due to EU Sanctions
The European Commission last week boosted restrictions on providing financial services to Russians.
Hamas Tapped Binance to Launder Bitcoin Donations, Blockchain Data Suggests
Binance said it froze the Hamas-linked wallet.
