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Traditionally there was no way for P2P exchanges like LocalBitcoins to allow p2p exchange without user making prior deposit on the site. But with the recent innovation of DeFi, it is now possible to trade bitcoin on ethereum blockchain as Wrapped Bitcoin (WBTC). Similar to Tether, WBTC is also an ethereum token which represents value of bitcoin in 1:1 ratio and the adequate reserve is held by BitGo on publicly verifiable addresses.

WBTC opens the gates of Smart Contracts integration. So exchanges can now develop a solution where users don't have to deposit their bitcoins on the site first. Rather they will send bitcoin to the smart contract. After that buyer will send the fiat money to the bank account of seller. In order to release WBTC to the ethereum address of buyer, both buyer and seller have to confirm that fiat money has been received by the seller. In the case, buyer confirmed 'yes' but seller confirmed 'no', a dispute will open and exchange will come into the picture. Exchange will verify the fiat transaction and cast 'yes' or 'no' accordingly. If there will be 2 'yes' and 1 'no', WBTC will be released to the buyer's address after deducting marginal fees of exchange, while on the contrary if there are 2 'no', it will be returned to the seller's address.

What is your thought on this guys? Is this solution better than the current P2P model?

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This is another case of hacking where huge amount is stolen from the vaults of harvest finance.The attacker issued themselves a flash loan that allowed them to temporarily manipulate the value of Harvest Finance’s reserves held in Curve, another DeFi protocol. The attack caused the price of harvest's token FARM to plummet.It fell from $242 to $100 According to reports which allow the hackers to buy the coins relatively at very low price than it's worth and sold them at huge profit.The company has issued some forward guidelines like limiting the amount of deposit,withdrawal on single transaction amd and moreover they had announced a bounty reward of $100000 to the person who helps them to indetify the anonymous hackers and get their funds back.But still it provides another great difficulty for defi related projects to grow in the market with such errors which can cause red zones in the market creating volatility in the prices.

The price of fees mainly depends upon the number of transactions pending on blockchain newtwork waiting to be confirmed.The btc hasrate dropped significantly in last 4 days from high of 161 EH/s to 90 EHs.The overall SHA256 hasrate lost more than 40% between high and low point.At present there are more than 121k transactions pending to be confirmed. This is all time high after 2017 and it has conicided with rise in prices and everyone is paying high fees for transactions to be cleared fast. The present median rate is $5.18 which is likely to rise to $8 approximately so it's about btc network.

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The prices tend to move upwards and it reached $13500 this week after the announcement of giant PayPal involvement in cryptocurrency and Soutasia' s largest bank DBL accept crypto payments.Despite the major price climb this month, bitcoin and ethereum markets are expected to be volatile at the end of the week, as a great number of options are set to expire on October 30. The professional data and analytics firm Skew.com discussed the situation on Twitter on October 25.61k bitcoin options are set to expire this month which amounts to $750 million which is huge amount so we can see downward movement in prices and that's why I am not sure prices can reach $15k by this year's end but hope for the best and stay positive being optimistic about it.

We can compare btc with other commodities on price basis but if we talk about replacing them it's impossible because btc is digital assest which acts store of value whereas oil is essential commodity in today's world as it is fuel for running all the transport services, machineries and making other mediacal supplies from it which bitcoin can never do.Can your run your car by filling notes in tank or make medicine with bitcoin.Seems possible to you?The prices can be compared like Bitcoin has fixed supply of 21 million coin and 18 million have been mined till date and it's scarce currency so prices will be high when demand will be more with less supply in market whereas oil and gold mines are available at huge level and still many are to be found under the ground which makes it prices cheaper as supply is not limited so comparison is possible in that manner but not in the way you are talking.

It's just another attempt to defame the position of cryptocurrency in indian market as the government has already setup committees to form rules and regulations regarding Bitcoin and other alts and they do not appreciate its usage and this will move them in favour of stopping usage of such coins.The criminals opt different possible ways to fund the terror attack and they might find btc as more anonymous and safer way to transfer money over blockchain but we need to understand that money is money whether it's fiat or these cryptos and its not the currency which is harmful but the persons who use it in a manner that is unfair and against humanity like these terror attacks.But who cares they just need useless reasons to defame and stop usage of things which government fear can take their place and they might loose their control over them.

The pandemic has hit every nation very hard and economies are struggling to survive and that's why governments are left with no other option to gather funds or income from various sources.The main source for government is tax receipts from all the businesses and that is what European federal state is planning to do so but there is one problem that government involvation will pose certain restrictions on gambling sites like use of fair means,KYC,crypto restrictions and such things can lead to lack of interest among users.Moreover the house edge will be reduced or they will charge more commission from the users as they have to pay the taxes to the government.So we can say it has both pros and cons.

They might be willing to issue their own crypto coins on their blockchain network and its main usage will be that 340 million active user of this giant payment processor will be able send coins to each other as mode of payment which can be again converted to fiat or any other coin backed by it.But there will be no such effective use of this centralised network crypto other than making huge profits by the PayPal only.They see crypto as fast growing market with high returns in short time and blockchain being the future technology of making payments so they are just upgrading themselves with market trend so as to keep the interest of the customers and achieving their own goal.

This news has come in the time of festivals in India and it is great surprise for all the crypto enthusiast residing there. Inspite of indian government attitude towards cryptocurrency market it is shocking that Fintech is partening with United Multistate Credit Cooperative Society to open crypto friendly bank In india named as Unicas.This venture will have 32 branches across India spreading over metro cities and they plan to expand its business.Cassha india CEO stated that many indians are not aware about mainstream of cryptocurrency and they are not adopting it.These banks will help them to buy crypto like Bitcoin,ETH and their native tokens CAS so we can accept this a major role playing of changing attitudes of indian people towards crypto world and become active part of it.

Many cryptocurrencies have potential to be great digital assests despite current scenario of cryptocurrencies devaluation.Some coins have potential to make quick and long term ROI.If the competition is ETH then I would suggest there is no other better option than EOS.The EOS system is free of Ethereum problems with scalability and it is ready to replace other competitive blockchains. If big giants like Amazon,Twitter would like to step in blockchain  they would definitely use EOS core.It provide great services to the users and is best alternative for investment at current price of $395 as in coming years it will rise with great surge with investments being made and large projects using its core network.So be smart and invest in what is best rather than wasting money on shitcoins available in the market.

This recent price hike is mainly because of PayPal announcement of buying and selling of btc over its platform.The btc is trading all time high in 2020 above $12500 after being bearish in the market for almost 7 months.The price was high $20k in past year but it rose 5% by $1000 this Wednesday after this news.The reports suggest investors want to invest in decentralised,non sovereign and secure currencies like Bitcoin by shifting from traditional market approach and this will boost the prices of Bitcoin with great surge so just be patient and avoid any negativity or any kind of FUD's spread in the market by whales to profit themseleves.

Many companies have started to add Bitcoin in their treasury reserve.According to bitcointreausery.org has listed the name of 23 companies which are listed on various exchanges like Nasdaq which have Bitcoin in their reserves and the total amount of btc held by them is nearly 785k btc coins which is approximately 4% of the total supply cap at this time and amount is nearly $10 billion in reserves with them and that is really a huge amount.Most of them are publicly traded companies like MicroStrategy holds nearly 38000 btc in their reserve, Square Inc holds 4700 bitcoins and private companies like block.one holds roughly 140000 bitcoins in their reserves.So we can say that most of the big companies are also indulging themseleves with cryptocurrencies so as to secure their future financial services and gain profit with time that's what investment really means and they are doing so.

Yes I also read the article about it on reuters and it's a great news for all the crypto enthusiast as it can give a boost to price of btc which will eventually lead to price rise in other alts as they follow bircoin path.The US payment giant PayPal is one of the leading company with more than 346 million active accounts and btc can be bought,sell with 26 million active merchants on the network from next year.The chief of PayPal announced it as "they want to increase the use of virtual currencies" in these financial periods and everyone wants to be part of this digitalization of payments with the help of these decentralised or virtual currencies.Although the transaction related to cryptocurrencies will be settled through the cash.Most of the big giants are approaching these payments methods as they are future currencies so just stay away from negativity or any FUD because the prices are going to soar soon in coming few years.

Sports betting has become one of the most interesting field in past few years and most of the wagering aggrements are placed on various kinds of tournaments.Indian premiere league is one of the most famous cricket tournament held in India by the BCCI.The amount of bets placed on matches is uncountable and there are varoius legal platforms based in India through which you can place you bet.One of them is Dream11 which is sponsor of this year IpL and you have to create your team on this app and place bet on it and winning is based on points scored by your team.Other varoius platforms are MPL,Sportsbet.io,betnomi and others which offers you wide range of betting options.The other side is P2P betting offline thorugh bookies on phone which have their own system of betting and it's very risky as there is no assurance of geeting money and it's illegal so you can be caught red handed by the police.But still it's very famous sport and you can also try your luck by betting on these platforms and earn some extra with your skills.

There is probably a small group of people around the globe who holds most of the supply of Bitcoin which is currently mined often termed as whales in the market. You can check address with most btc but as far as I am concerned Sathoshi the invisible founder of btc holds most of btc around 1.1 million coins with him which makes him 157th richest person on the earth according to the list with a net worth of approximately $12.5billion at this time and with increase in btc prices it will keep on rising but it will take time for him also to be richest person on earth if he wish to do so because the prices need to cross $160k if he want to beat Jeff Bezos at $175 billion.But still he is on the list with unknown indentity for this time.