Blockchain
Monero P2P Trading Platform Closes and Raises Concerns

Monero P2P trading platform closes and raises concerns within the community of cryptocurrency users who value privacy.
The closure of this significant platform, which had long been a hub for Monero enthusiasts, underscores the challenges and risks facing decentralized exchanges in today’s evolving regulatory landscape.
Monero has gained popularity as a privacy-focused cryptocurrency due to its ability to provide secure and anonymous transactions, making it a preferred choice for users prioritizing privacy.
However, the platform’s closure was attributed to a mix of factors, including increased regulatory pressures, operational challenges, and security vulnerabilities.
This development impacts Monero’s market liquidity and raises questions about the future of decentralized platforms.
We will look into the reasons behind the shutdown, its effect on the Monero community, and the potential future of decentralized cryptocurrency trading platforms in an ever-changing environment.
Understanding Monero and P2P Trading Platforms
Monero (XMR) is a privacy-centric cryptocurrency that aims to provide secure, untraceable, and fungible transactions.
Monero (XMR):
Unlike Bitcoin, which offers pseudo-anonymity, Monero employs advanced cryptographic techniques like Ring Signatures, Ring Confidential Transactions (RingCT), and stealth addresses to ensure transaction privacy. These features make Monero a popular choice among individuals prioritizing financial privacy and anonymity.
P2P Trading Platforms:
Peer-to-peer (P2P) trading platforms enable direct transactions between buyers and sellers without intermediaries, providing a decentralized alternative to traditional exchanges. For privacy-focused cryptocurrencies like Monero, P2P platforms create an environment aligned with users’ desire for anonymity, often offering secure escrow systems, reputation-based trading, and end-to-end encrypted communication.
The Platform’s History:
The platform emerged as a significant player in Monero trading, providing a space where like-minded users could trade directly and securely. Its ease of use and privacy-centric features quickly attracted a loyal user base, making it a critical node in the Monero trading ecosystem. However, its recent closure has left a noticeable gap, compelling traders to seek alternative venues.
Monero P2P Trading Platform Closes Because of Presure Regarding privacy focused trading.
Increased regulatory scrutiny on cryptocurrencies has created a challenging environment for decentralized platforms. Many governments are pushing for tighter controls on crypto exchanges to curb illicit activities.
Regulatory Pressures:
The P2P Monero platform was under immense pressure due to its association with privacy-focused trading. Compliance requirements, such as know-your-customer (KYC) regulations and anti-money laundering (AML) policies, posed significant challenges, prompting the platform’s operators to shut down rather than compromise their values or face legal consequences.
Operational Challenges:
Decentralized platforms require robust infrastructure to handle transactions securely and efficiently. However, maintaining such infrastructure has significant operational challenges, including server management, user support, and technical updates. The Monero P2P platform struggled to keep up with increasing operational demands, particularly as its user base grew. Technical glitches, insufficient resources, and increasing server costs further strained the platform’s sustainability.
Security Concerns:
Security is paramount in any trading platform, but decentralized exchanges face unique challenges. The Monero platform had to combat various security threats, including scams, hacks, and fraudulent listings. Despite employing security measures like escrow systems and reputation-based trading, malicious actors still exploited vulnerabilities. Rising security issues compromised user funds and eroded trust in the platform, accelerating its decline.
Impact on the Monero Community
Liquidity Challenges:
The closure of the P2P trading platform has affected Monero’s liquidity, particularly in the P2P market segment. With fewer active marketplaces supporting Monero, traders have experienced challenges finding reliable platforms, which has reduced trading activity and liquidity. This decline makes it harder for buyers and sellers to conduct transactions quickly and at favourable prices.
Alternative Trading Solutions:
Despite the closure, Monero trading continues through various other avenues. Decentralized exchanges (DEXs) like Bisq and open-source platforms like LocalMonero offer alternative trading solutions. Centralized exchanges (CEXs) like Kraken and Binance also facilitate Monero trading, albeit with varying degrees of privacy. OTC (over-the-counter) markets and private trading networks also provide options for traders seeking more personalized trading experiences.
User Trust and Confidence:
The sudden shutdown has shaken user confidence in decentralized platforms, particularly those prioritizing privacy over compliance. Many users have expressed concerns about the reliability and security of P2P platforms, prompting a shift towards more regulated exchanges or private trading networks. Restoring user trust will require significant improvements in platform security, transparency, and regulatory compliance.
Parrot Bamboo said at Binance Square:
📣 LocalMonero, the largest peer-to-peer Monero trading platform, announced that it is closing after approximately 7 years of operation. $XMR

The Future of Decentralized Cryptocurrency Platforms
Regulatory Compliance:
For decentralized platforms, regulatory compliance is still a major obstacle. A careful balance must be struck between navigating changing international rules and protecting user privacy.
Platforms must adopt innovative compliance strategies, such as decentralized KYC protocols or community-driven governance models, to remain operational without compromising their core values.
Security Innovations:
Security innovations must be prioritized on decentralized platforms to avert security breaches and restore confidence.
Implementing advanced encryption, multi-signature wallets, and decentralized identity verification can enhance platform security.
Additionally, community-based security audits and bug bounty programs can help identify and address vulnerabilities proactively.
Decentralized Exchange Development:
The growth of decentralized exchanges (DEXs) signifies shifting towards a more secure and user-centric trading model. DEXs like Uniswap and Bisq are gaining traction due to their non-custodial nature and robust security features. However, challenges such as low liquidity, user experience issues, and regulatory uncertainty still hinder their widespread adoption.
Improving cross-chain interoperability, incentivizing liquidity providers, and simplifying user interfaces could accelerate DEX development.
Final Thoughts and FAQ:
The closure of a prominent Monero P2P trading platform has highlighted the complexities and challenges of operating in a rapidly changing regulatory environment. While privacy-centric cryptocurrencies like Monero appeal to users seeking anonymity, platforms supporting these currencies must navigate a delicate balance between compliance and user privacy. The shutdown has affected Monero’s liquidity and raised concerns within the community, but alternatives such as decentralized exchanges and private trading networks still offer viable trading solutions. Moving forward, decentralized platforms must prioritize security, compliance, and innovation to regain user trust and continue providing safe, reliable environments for peer-to-peer trading. The future of decentralized trading depends on striking the right balance between privacy, security, and adaptability to an evolving regulatory landscape.
FAQs
Q.: Why did the Monero P2P trading platform close?
A.: The platform cited regulatory pressures, security concerns, and operational challenges as primary reasons.
Q.: What alternatives exist for Monero P2P trading?
A.: Decentralized exchanges (DEXs) like Bisq and other P2P platforms still support Monero trading.
Q.: How does this closure affect Monero trading?
A.: It may reduce liquidity and impact confidence in P2P platforms.
Q.: What makes Monero unique among cryptocurrencies?
A.:Monero is known for its strong privacy features, such as RingCT and stealth addresses.
Q.: Is Monero still safe to trade?
A.: Yes, trading Monero remains safe, provided users utilize trusted platforms with robust security features.
Blockchain
Cold Wallet Raises $6.3M in A Few Weeks While Solana Rebounds and PEPE Holds Steady in Volatile Markets

The crypto market in 2025 is still marked by big questions around control, ownership, and long-term value. Solana continues to defy economic pressure with a price rebound, while PEPE proves that decentralised meme-driven projects can stay resilient even through steep drops.
But it’s Cold Wallet that brings a different layer to the table, reshaping how people view custody, rewards, and privacy. With over $6.3 million raised and more than 736 million tokens sold, it is quickly becoming one of the top crypto coins to watch. Cold Wallet doesn’t just store assets, it rewards users, protects their data, and gives them a real say in governance.
Cold Wallet Expands Beyond the Limits of Self-Custody
The collapse of centralised platforms such as FTX pushed the crypto crowd to demand self-custody. Many wallets stepped up, but most delivered only the basics, safe storage. Cold Wallet has gone further. It transforms every interaction into a rewarding moment. Swapping, bridging, or paying gas doesn’t just drain funds; instead, users receive CWT back. This flips the script from losing value to gaining value through regular use.
Its presale success backs this up. With $6.3 million already raised, Cold Wallet has reached stage 17, pricing CWT at $0.00998, compared to a set launch price of $0.3517. That difference reflects strong upside potential for early supporters. But numbers alone don’t tell the whole story. Cold Wallet embeds privacy by using zero-knowledge tech, ensuring data and transactions remain shielded. On top of that, holders get DAO voting rights, giving them real influence on how the ecosystem evolves.
This is what separates it from the pack: not just storage, but rewards, privacy, and governance—an all-in-one design built around user needs. As traction grows, Cold Wallet is positioning itself not only as another presale but as a system where participation equals ownership.
Solana Shows Signs of Strength with Price Recovery
Solana’s rebound highlights how resilient its network remains despite broader market pressures. After dipping near $192, SOL climbed to around $198, even with inflation numbers creating wider economic concern. On charts, an inverse head and shoulders pattern on the 4-hour timeframe adds technical weight to the recovery, pointing toward possible higher levels if volume rises.
But the real story isn’t only in the chart action. Solana reflects the durability of decentralised ecosystems. While traditional finance reacts heavily to macroeconomic swings, projects like SOL continue to build and hold strong. The community’s faith in its long-term future fuels this price resilience, proving that decentralised protocols can thrive even when conditions look rough.
PEPE Maintains Community Power Despite Sharp Market Moves
PEPE coin has faced heavy turbulence, dropping about 7.4% recently to $0.00001119. Whale sell-offs and over $6 million in liquidations triggered the move, yet key support levels remain intact. If these supports hold, analysts suggest a possible run toward $0.00039, which would represent a 30× rise from its current level.
This rollercoaster movement reflects the strength and unpredictability of decentralised networks. Prices swing not from one entity but from a blend of community moves, sell-offs, and recoveries. Despite the volatility, PEPE continues to show why decentralised meme coins capture attention; they are unpredictable, community-driven, and capable of sharp comebacks.
Cold Wallet Brings Rewards, Privacy, & True Ownership
What sets Cold Wallet apart is its refusal to stop at storage. It integrates real-time rewards, zero-knowledge privacy, and community control through DAO mechanics. Users don’t just hold assets; they actively benefit from using them. With its presale already passing $6.3 million and over 736 million tokens sold, Cold Wallet has proven early demand.
This isn’t just another project following a trend. It gives back at every step, builds with privacy at the core, and puts control back into the hands of the community. For those searching beyond price action and hype, Cold Wallet offers something much stronger: a working structure where ownership truly belongs to the user.
Explore Cold Wallet Now:
Presale: https://purchase.coldwallet.com/
Website: https://coldwallet.com/
X: https://x.com/coldwalletapp
Telegram: https://t.me/ColdWalletAppOfficial
Blockchain
2.5M Miners and Growing: BlockDAG’s Thunder Drowns Out BNB and ETH Narratives

As Binance Coin works toward the $1,000 target and Ethereum retests multi-year highs, BlockDAG is moving ahead with adoption and infrastructure that rival major networks.
BlockDAG now has over 2.5 million users mining through its X1 app. It has also locked in 20 confirmed exchange listings and presented its X1 and X10 miners in a live showcase. The presale has raised more than $376 million, with over 25.2 billion coins sold and miner sales topping $7.8 million from 19,300 units.
With ROI already at 2,660% from Batch 1 to 29, and the coin priced at $0.0276 in Batch 29, momentum is climbing fast. Against this backdrop, BlockDAG is shaping up as a stronger 2025 growth story than both Binance Coin and Ethereum price projections.
Binance Coin Sets Sights on $1,000
Binance Coin (BNB) has surged above $815, sparking optimism that it could push toward $1,000 in 2025. Analysts highlight a key resistance level at $912, which if broken, could open the path toward $1,044.
BNB’s performance has been steady, with gains of over 7% in the past week, 21% across the month, and 32% in six months. Current support levels sit at $649.40 and $517.90, giving buyers a safety net if prices drop.
Despite strong growth, BNB’s large market cap limits the scale of percentage gains. While it remains one of the strongest exchange-linked assets, its upside appears smaller compared to early-stage presale projects like BlockDAG.
Ethereum Pushes Higher Above $4,000
Ethereum (ETH) has also shown strength, trading above $4,000 and reaching $4,045 before a slight pullback. This 3.46% daily gain reinforces bullish outlooks, with predictions pointing to a breakout above $4,050 and possibly $4,350 in the coming week.
ETH maintains strong support at $3,760 and $3,500. Technical indicators also support the bullish case. The RSI currently sits at 69.01, near overbought levels, while the MACD line is above the signal line, showing momentum is still positive.
Staying above $4,000 will be crucial for ETH to hold its momentum. Yet, like BNB, Ethereum’s gains are expected to be smaller than the explosive upside seen in fast-growing projects like BlockDAG.
BlockDAG: 2.5M Miners, 20 Listings, and Proven Mining Demo
While BNB and ETH are focused on hitting new price levels, BlockDAG is expanding its network and technology before entering exchanges. This strategy is building traction.
The X1 app allows anyone to mine BDAG directly from their smartphone, removing barriers to entry. With 2.5 million active miners, BlockDAG has built a strong base of users well before launch. This ensures activity and liquidity when BDAG begins trading.
To strengthen liquidity, BlockDAG has already secured listings on 20 exchanges, including MEXC, BitMart, Coinstore, LBank, and XT.com. This gives the project global coverage and immediate access to multiple trading pairs from the first day of launch.
A major milestone came on July 23, when BlockDAG showcased its X1 mobile miner working alongside the X10 hardware unit. The X10 can mine up to 200 BDAG per day at the projected $0.05 launch price, proving the scalability of the system. This dual setup makes mining accessible to both casual users and dedicated miners.
Now in Batch 29 at $0.0276, BlockDAG has raised over $376 million and sold more than 25.2 billion coins. With ROI already at 2,660%, plus strong adoption, exchange readiness, and mining validation, BlockDAG is presenting itself as one of the most compelling presales of 2025.
Final Outlook
BNB’s climb above $815 fuels hopes of reaching $1,000, and ETH’s strength above $4,000 signals possible highs near $4,350. Both remain dominant, but their percentage growth potential is lower compared to newer projects.
BlockDAG, with 2.5M active mobile miners, 20 confirmed listings, and a proven mining system, is entering with adoption already in place. Add to that its $376M presale, 19,300 miners sold, and strong audits, and the case becomes clear.
At just $0.0276, well below its $0.05 launch, BlockDAG combines accessibility, growth, and utility. For those seeking strong opportunities in 2025, BlockDAG is positioning itself as the leading name to watch.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficialDiscord: https://discord.gg/Q7BxghMVyu
Blockchain
Best Cryptos in August 2025: Cold Wallet’s 37x ROI Potential Plus LINK, SOL & AVAX

The market is buzzing with activity this August, and a few projects are getting extra attention for their strong fundamentals and upcoming catalysts. Price movements are giving traders a reason to take another look, while long-term investors are watching how these projects are building and expanding their ecosystems. Whether you’re focused on early-stage presales or established assets with proven track records, the right picks can make a big difference.
This month’s focus is on four projects that are delivering something unique: Cold Wallet, Chainlink (LINK), Solana (SOL), and Avalanche (AVAX). From innovative wallet technology with cashback rewards to established blockchain solutions powering DeFi and NFT platforms, these are the best cryptos in August to keep on your radar. Let’s break down what each brings to the table and where the potential opportunities lie.
1. Cold Wallet: Privacy, Cashback, and Big ROI Potential
Cold Wallet ($CWT) is currently in Stage 17 of its 150-stage presale, with the token priced at $0.00998. The project has already raised $6.3 million and sold roughly 703 million tokens. With a fixed launch price of $0.3517, investors at the current stage could see an estimated 37× return, or about 3,600% gains, if that target is met. Those who bought in at Stage 1 for $0.007 could be looking at returns of up to 50×. Cold Wallet has also been featured on CoinMarketCap, where buyers can track live presale progress, funds raised, and token sales.
What makes Cold Wallet stand out is its approach to utility. Instead of relying on traditional fee models, it rewards users with cashback in CWT for gas fees, swaps, on/off ramps, and other transactions, without staking or lockups. The wallet is already live on Android and iOS, and security audits by Hacken and CertiK are underway. Its $270 million acquisition of Plus Wallet added over 2 million active users instantly, expanding its adoption base.
Referral programs add another layer of incentive, offering immediate USDT payouts along with future CWT rewards. These factors make Cold Wallet one of the best cryptos in August for those seeking both early-stage entry and a ready-to-use product with a growing user base.
2. Chainlink: Connecting Blockchains to Real-World Data
Chainlink (LINK) continues to be one of the most important infrastructure projects in crypto, powering decentralized oracle solutions that connect blockchain networks with off-chain data. This technology is essential for smart contracts that need real-world inputs like price feeds, weather data, or sports scores. LINK’s role in DeFi, gaming, and insurance platforms makes it a key asset for projects that depend on accurate and timely data.
As of August, LINK is trading with bullish sentiment, with analysts targeting the $19.80–$21.25 range if it can break above $16. Its wide network of partnerships and continuous upgrades to improve scalability keep it relevant in both retail and institutional discussions. For those looking at the best cryptos in August, Chainlink offers a combination of proven technology and a strong use case that has been battle-tested across multiple blockchain ecosystems.
3. Solana: Speed and Scalability in the Spotlight
Solana (SOL) remains one of the fastest and most scalable blockchains, processing thousands of transactions per second at minimal fees. This performance has made it a preferred choice for NFT projects, DeFi applications, and blockchain-based games. Developers often choose Solana because it can handle large user bases without network congestion, making it ideal for high-traffic applications.
SOL has been trading actively, with market sentiment improving as new projects and partnerships come online. Ecosystem expansion, improved developer tools, and lower downtime incidents have helped restore investor confidence. With the potential for further adoption in both retail and institutional spaces, Solana is well-positioned as one of the best cryptos in August for those betting on high-performance blockchain platforms with strong developer activity.
4. Avalanche: Multi-Chain Flexibility with Growing Adoption
Avalanche (AVAX) is built for high throughput and custom blockchain creation using its unique multi-chain architecture. This allows developers to deploy decentralized applications (dApps) or create custom blockchains (subnets) for specific use cases. The approach has made Avalanche a go-to choice in DeFi, enterprise blockchain solutions, and NFT marketplaces, thanks to its scalability and versatility.
Recently, AVAX has seen renewed momentum as more projects opt to build on its network. Its fast transaction finality and low fees make it appealing for both developers and users. Partnerships and integrations with leading Web3 platforms are further strengthening its presence in the market. With adoption steadily increasing across multiple sectors, Avalanche is becoming a key player to watch. For anyone considering the best cryptos in August, Avalanche offers strong technical capabilities and an expanding ecosystem that could continue to drive demand and long-term value.
Final Thoughts
August’s market activity shows that investors are paying attention to projects that are not only trading well but also building ecosystems with real utility. Cold Wallet offers a rare mix of early-stage presale pricing and an already-live product, with ROI potential that’s hard to ignore. Chainlink continues to be a critical part of blockchain infrastructure, while Solana’s speed and scalability keep it a favorite for high-performance applications. Avalanche rounds out the list with its multi-chain flexibility and steady developer adoption.
Whether you’re looking at presale opportunities or established networks, these four are among the best cryptos in August for combining market potential with practical use cases. As always, it’s smart to research further, track price action, and decide based on your own risk profile. But with these picks, August is shaping up to be an active month for both short-term traders and long-term holders.
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