ChainCatcher message, Binance stated in an official blog post that while P2P trading outside of cryptocurrency exchanges can bring some benefits, it also comes with significant risks. It is crucial for users to understand these risks and take proactive measures to protect themselves by using reputable platforms, staying informed, and acting cautiously. Binance recommends the following to avoid over-the-counter P2P scams:Use reputable platforms: Trade through reputable exchanges that offer escrow services and fraud protection.Be skeptical of deals that seem too good to be true: If a P2P trade sounds too good to be true, it probably is. Proceed with caution and conduct due diligence.Self-educate: Understand common scams and how they operate; knowledge is the best defense against fraud.

ChainCatcher news, Binance's official announcement states that the P2P platform has added support for Worldcoin (WLD) and has enabled WLD trading for Latin American fiat currencies, including ARS, BRL, CLP, COP, CRC, DOP, GTQ, HNL, MXN, NIO, PAB, PEN, and PYG. Users can buy and sell WLD directly through various local payment methods.

ChainCatcher news, BOME founder Darkfarms stated on social media that the JPEG image has been completed and will soon be sent to p2pmemes.

ChainCatcher news, Tether CEO Paolo Ardoino posted on the X platform that Tether may invest significant resources to establish a P2P financial market terminal based on Holepunch technology. As humanity enjoys the pleasure of breaking free from monopolistic intermediaries in payments, we can also achieve the same results in the financial market data infrastructure. Any trading platform in the world will maximize its own data revenue while maintaining direct control over its use. The financial market will thus become more resilient, and the world may become a better place.Holepunch is a Web3 development platform backed by investments from Tether, Bitfinex, and Hypercore. Holepunch aims to build a new generation of internet layers and applications to promote the development of P2P technology. The Holepunch development team also plans to apply its technology to other areas, such as P2P encrypted communication applications.

ChainCatcher news, KuCoin announced on May 15 that it has temporarily suspended its peer-to-peer (P2P) services for the Nigerian Naira and the rapid purchase service via Naira cards. The cryptocurrency exchange stated that during this period, it will focus on ensuring compliance and creating a stronger and safer environment for all users. In addition to ensuring the safety of user funds, KuCoin also stated that current orders will be completed as usual, and all other services will remain available. The cryptocurrency exchange did not specify when it plans to resume Naira services.

ChainCatcher news, the Monero P2P trading platform LocalMonero announced that it will cease operations. All new registrations and ad postings are disabled, new trades will be disabled starting from May 14, 2024, and the website will be shut down on November 7, 2024.LocalMonero stated: "After nearly 7 years of operation, we have made the difficult decision to close the platform due to a combination of internal and external factors."

ChainCatcher news, Tether CEO Paolo Ardoino posted on social media that the P2P encrypted communication application Keet 3.0 has officially been released, launched in collaboration with Tether, Bitfinex, and the Hypercore open-source protocol team.

ChainCatcher news, cryptocurrency staking service provider P2P.org has announced the launch of a staking-as-a-service (SaaB) model aimed at helping platforms such as CEXs, wallet providers, and custodians to add staking and decentralized finance (DeFi) services, expanding growth avenues.The company stated that over 1 million ETH are currently staked, with a total locked value exceeding $7.4 billion. Institutional staking allows investors to utilize assets to earn passive income without the need to sell. P2P.org's SaaB model offers comprehensive support, including marketing, legal, and sales assistance.ChainCatcher previously reported that staking service provider P2P.org completed a $23 million financing round, with participation from Jump Crypto, cryptocurrency exchange Bybit, and digital asset bank Sygnum.

ChainCatcher news, according to official sources, the DeFi synthetic asset protocol Linear Finance has announced the 2024 roadmap for Linear 2.0, which mainly includes:April: Upgrade cross-chain bridge using Chainlink and launch LLM-based smart Linear Chatbot;May: Achieve ultra-fast transaction settlement and launch AI-driven market sentiment indicators;June: Conduct community-driven synthetic asset expansion;Q3 to Q4: Launch new markets and P2P trading platform.

ChainCatcher news, Binance announced that starting from March 19, 2024, 00:00 (UTC), Binance P2P will gradually implement a fixed fee of 0.05 USDT per transaction order for USDT trading pairs in the fiat markets listed below in the P2P section. The implementation work will be completed by the end of June 2024.AED, AFN, AMD, AOA, ARS, AUD, AZN, BDT, BGN, BHD, BIF, BND, BOB, BRL, BWP, BYN, CAD, CDF, CHF, CLP, COP, CRC, CVE, CZK, DKK, DOP, DZD, EGP, ERN, ETB, EUR, GEL, GHS, GMD, GNF, GTQ, HNL, HRK, HUF, INR, IQD, JOD, KES, KGS, KHR, KWD, KZT, LAK, LBP, LKR, LRD, LYD, MAD, MDL, MGA, MMK, MRU, MWK, MXN, MZN, NAD, NIO, NOK, NPR, NZD, OMR, PAB, PEN, PGK, PKR, PLN, PYG, QAR, RON, RSD, RWF, SAR, SDG, SEK, SLL, TJS, TND, TRY, TTD, TZS, UAH, UGX, USD, UYU, UZS, VES, VND, XAF, XOF, YER, ZAR, ZMW

ChainCatcher news, according to Cointelegraph, Binance has removed the Naira from its P2P market. Nigerian authorities claim that the Binance platform has contributed to the depreciation of the Naira, with presidential advisor Bayo Onanuga stating that if Binance is not stopped, it will undermine Nigeria's economy as it arbitrarily determines foreign exchange rates.Earlier reports indicated that the Governor of the Central Bank of Nigeria (CBN) stated that $26 billion worth of untraceable funds flowed through Binance Nigeria last year. Nigeria is facing a foreign exchange crisis and is looking for ways to limit capital outflow. In addition to measures such as taxing foreign workers, new calls to restrict cryptocurrency in the country have recently made headlines.

ChainCatcher news, according to the official announcement, the Binance P2P platform now supports USDC. Users can now buy and sell USDC directly on the Binance P2P platform using Vietnamese Dong and Turkish Lira. More fiat trading pairs will be supported soon.

ChainCatcher news, according to on-chain data analyst @ai_9684xtpa, a certain ETH whale or institutional address deposited 7,520 ETH (approximately 17.18 million USD) into the staking service provider P2P.org address 5 minutes ago. As of now, this whale has staked a total of 55,206 ETH on the Ethereum Beacon Chain, with a total value of 126 million USD.

According to ChainCatcher news and the official announcement, Binance P2P will stop supporting Russian Ruble (RUB) trading pairs from January 31, 2024, at 08:00 Beijing time, including P2P trading pairs such as USDT/RUB, BTC/RUB, FDUSD/RUB, BNB/RUB, ETH/RUB, BUSD/RUB, and RUB/RUB.After that, users can continue to trade Russian Ruble P2P for free on CommEx.

ChainCatcher news, the OKX Web3 wallet officially launches the P2P token trading market, initially supporting 6 mainstream public chains: Ethereum, Polygon, Arbitrum, Optimism, BSC, and OKTC. It allows users to freely trade any tokens with zero trading fees, no slippage, and no KYC requirements, making it the industry's first on-chain decentralized peer-to-peer token trading market that supports public orders.It is reported that this market ensures user transaction security through smart contracts, aiming to address various pain points such as high fees and significant slippage for large transactions of mainstream tokens, as well as the lack of trading platforms for new projects, shallow liquidity pools, and unsecured transactions. This provides users with better trading services. Users can experience it immediately by upgrading the OKX APP to version 6.32.0 or above, or the latest version.

ChainCatcher message, Binance's content posted on its Russian Telegram channel shows that users residing in Russia can only use the ruble as legal tender for trading on Binance P2P, prohibiting the use of any other legal tender. The ruble fiat is now only available for users who have completed Russian KYC and reside in Russia.Russian users residing outside of Russia can continue to trade on Binance P2P using all other legal tender except for rubles, euros, US dollars, and UAH through address verification.