Looking for Bitcoin with no KYC? This new site has you covered
A new project is compiling a list all the Bitcoin exchanges that have little-to-no KYC requirements. It's not a very big list, and it could soon get shorter.
Looking for ways to privately purchase Bitcoin? There’s a new site for that.
Playfully dubbed KYC, Not ME, the website compiles a list of verification-free (or verification-lite) exchanges for privacy-minded Bitcoiners. The list includes mainstays like the Euro-facing Hodl Hodl exchange and the globally-serving Bisq and LocalBitcoins exchanges, among others.
This new project is cataloguing privacy preserving bitcoin exchanges that don't require KYC: https://t.co/VoyWq2ITyg
It also includes Binance, which has tiered verification (the most lax of which allows you to sign up with only an email). For all intents and purposes, Binance is in a different class than, say, Bisq, which requires its users to download the Bisq software and run a Bisq server to access its order book.
So the list is tailored to fit the privacy needs of the most KYCKYC-averse Bitcoin users, and those who just want a little buffer between their personal lives and the hubs they use to buy magic Internet money. The site also annotates each exchange with badges that tell you more about its operations.
For example, Binance’s badges tell us that some KYC may be required (like an email address), the exchange is custodial, and you need an account to trade. Contrast this with Bisq and Hodl Hodl, which offer completely peer-to-peer, self-custodied trading. It also designates which exchange allows you to buy Bitcoin (or other cryptocurrencies) with cash (such as Bisq, Hodl Hodl, Binance) and which don’t (Trade Ogre, for example).
In its attempt to promote privacy-preserving tools, the list cuts against the grain in a time when KYC and anti-money laundering requirements have become the focus of most Bitcoin businesses, especially those looking to grow and stay competitive in such a dynamic market.
The Human Rights Foundation (HRF) is launching a fund to support open-source development for Bitcoin’s core protocol.
Announced via a HRF blog post, the foundation is spearheading the initiative “to support software developers who are making the Bitcoin network more private, decentralized, and resilient so that it can better serve as a financial tool for human rights activists, civil society organizations, and journalists around the world.”
Announcing @HRF's Bitcoin Development Fund: a privacy-...
Rather than lean into KYC, as so many others have in a year in which Bitcoin has gained more attention than ever, kycnot.me is part of a movement trying to keep Bitcoin private.
A privacy proposal for a CoinSwap implementation is keeping to this goal, as well. The implementation, designed by Bitcoin developer Chris Belcher, could greatly increase Bitcoin’s anonymity set and provide greater privacy solutions than other designs like CoinJoin.
Stablecoin issuer Tether is ending its USDT support for five blockchains effective on September 1, the company announced on Friday, ending redemptions and freezing the remaining assets on those blockchains.
Last June, the firm ended its minting function on Algorand and EOS (now called Vaulta), meaning it would no longer issue new stablecoins on those chains. In 2023, it announced the same for Bitcoin Cash, Kusama, and Omni Layer Protocol.
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Solana token launchpad Pump.fun is prepping for its initial coin offering, aka ICO, on Saturday, July 12. With U.S. and UK citizens banned from participating, traders are eagerly awaiting its full launch to purchase PUMP—but will it pump or dump once it starts trading?
The token is set to go on sale via six centralized exchanges (Bybit, Kraken, Bitget, MEXC, KuCoin, and Gate.io) as well as the Pump.fun website Saturday, with 150 billion tokens up for grabs at $0.004 each. Within 48 to 72 hours a...
U.S. spot Bitcoin exchange-traded funds pulled in over $1.17 billion on Thursday, notching their second-highest day of inflows ever as institutional capital flooded into digital assets.
The massive inflows to Bitcoin ETFs were led by BlackRock's IBIT with $448.5 million, followed by Fidelity's FBTC at $324.3 million and ARK's ARKB with $268.7 million, according to Farside Investors data.
Even with $40.2 million in outflows from Grayscale’s GBTC, total net flows turned sharply positive.
The infl...