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Binance P2P growth to Germany’s Minister wanting CBDC at earliest, Read Today's Top 5 Crypto News



1) Binance P2P is growing fast in the Africa market.


Binance published a blog post regarding Binance P2P. Binance P2P till now has processed a total of $280 million equivalent local African currencies from March. After the introduction of the Nigerian Naira (NGN). Binance P2P allows users in Africa to directly buy and sell BTC, ETH, USDT, BNB, DAI, and BUSD with zero transaction fees using their local currencies, Nigerian Naira (NGN), Kenyan shilling (KES), South African rand (ZAR), Egyptian pound (EGP), Moroccan dirham (MAD), and Ghanaian cedi (GHS).


2) Dapper Labs launched Flow port.


Blockchain development studio Dapper Labs recently announced about Flow Port going live where Labs told that users can stake their FLOW tokens through custody providers such as Kraken and Coinlist and delegate their tokens to currently-existing node operators. Roham Gharegozlou, CEO of Dapper Labs said

Flow Port lets anyone create and manage non-custodial Flow accounts with any number of providers, starting with Ledger hardware wallets and Blocto software wallets. Community stakeholders can use Port to manage their FLOW tokens directly, staking to run nodes or delegating to one of the 300 existing nodes that will be up and running by the time staking starts – including nodes run by major partners like Samsung, Ubisoft, and T-Systems.

3) Bitcoin again soared back above $18K.


Bitcoin reached to $18K after dabbling around $16K – $17K for few days. In this week Bitcoin had lost more than $3,000 in hours but this not enough to affect the Bitcoin social media sentiment. According to Santiment, a cryptocurrency analytics company:

This is only the 4th time since 2017 that BTC sentiment has stayed this positive

4) Yearn finance introduces a new DeFi Protocol.


Cronje, founder of Yearn finance announced about New DeFi Protocol Deriswap for Capital Efficiency. Deriswap is a protocol that will combine different DeFi services such as options, loans, and swaps into a single contract. Cronje explained

Deriswap (currently under audit), combines Swaps, Options, and Loans into a capital-efficient single contract, allowing interaction between the two assets that make up the pair.

5) Germany’s Finance Minister wants to speed up the development of the Digital Euro.


Olaf Scholz, Germany’s finance minister wants the European Central Bank (ECB) to accelerate the process of making a decision on a potential digital Euro. Scholz believes that most businesses and consumers were beginning to demand digital money. He also remarked

On the digital euro, I think we should work very hard. It is nothing where we should wait and see. [We] should be able to decide at any time that now we should do something with a digital euro.


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