1inch Adds P2P Feature For Crypto Swaps Between Individual Users

The Ethereum-based decentralized exchange (DEX) aggregator “1inch” has added an all-new P2P feature to its DeFi arsenal. The feature allows users to swap tokens directly with other, individual users, rather than through an aggregated exchange. Unlike traditional transactions, this lets users make trustless trades through smart contracts that ensure both users receive their desired assets. Understanding P2P Orders As explained in a press release shared with CryptoAdventure, users must find a counterparty with whom to exchange tokens before using the…

What Is a Bitcoin Node? A Guide for Beginners

How to evaluate the security of a cryptocurrency? One could easily claim that secure cryptos need to run on a secure blockchain. However, this theoretical statement can have complex applications in the real world. One way to look at the matter is by connecting security to validation. Every blockchain must have a suitable transaction validation mechanism. When it comes to blockchain validation, we generally mention nodes. Today we will talk about Bitcoin nodes. The article aims to explain a very…

Eclipse Attacks – What are They and How do They Work?

As the blockchain industry grows, we see an increase in the imagination of hackers. The first scams in the sector appeared somewhat naive. Today, we are witnessing the emergence of increasingly complex techniques. With the refinement of hacking methodology, it is increasingly difficult for users to avoid cybersecurity traps. This article will discuss eclipse attacks, which are criminal mechanisms that attack blockchains. The direct victim of the attack is not, in this case, the end-user. However, as we will explain,…

LocalBitcoins Claims 70% Reduction in Transactions Related To Darknet

The top peer-to-peer (P2P) crypto exchange LocalBitcoins has noted a 70 percent decrease in the number of transactions related to darknet since its adoption of AML (Anti-Money Laundering) and KYC (Know Your Customer) regulations in September last year. LocalBitcoins noted its ability to remarkably decrease the number of transactions related to darknet carried out using its platform between September last year and May this year. In the words of the chief marketing officer at LocalBitcoins, Jukka Blomberg to Cointelegraph, the…

Enjoy Pumped Up Deals on Arbitrage Trading With Sibex

Arbitrage refers to purchasing and selling an asset to profit from a difference in the asset's price between markets. It is a trade that profits by exploiting the price differences of identical or similar financial instruments in different markets or different forms.  Arbitrage has existed for years in the financial world, and it is gathering momentum in cryptocurrency. With cryptocurrency trading taking roots and spreading across the world, there are periods with significant price variance between exchanges.  Crypto arbitrage is…

What are P2P Exchanges? The Best P2P Crypto Exchanges to Consider

With time, the types of crypto trading keep changing, and so do the methods of exchange. Understandably, the earlier means of exchanging cryptocurrency used the traditional centralized exchange. When cryptocurrency was still new in the market, this exchange method boosted its popularity in the sector.  However, the centralized exchange process was rather time-consuming, which prompted the development of P2P cryptocurrency exchanges. As a cryptocurrency enthusiast, you are probably on the lookout for easier ways to exchange crypto with other traders…