ChainCatcher news, BountyBay Labs officially launched the modular, decentralized infrastructure TradeOS, aimed at revolutionizing online peer-to-peer (P2P) trading models. TradeOS addresses long-standing issues in traditional monopolistic systems (such as eBay and Paypal) like high platform fees, low capital efficiency, and data monopolization through blockchain technology and zk-TLS/TEE-TLS technology.Currently, TradeOS has over 6 million users and 300 brands, with the goal of transforming the global $4 trillion P2P trading market.It is reported that BountyBay Labs has received support from investors such as TON Ventures and Animoca Brands to unlock more possibilities in web3 for the global $4 trillion high-value trading system market.

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, 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, 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.