How to Bypass Russia’s Ban on LocalBitcoins
LocalBitcoins has offered a detailed set of instructions for the Russian Bitcoin community to efficiently circumvent the blockade of its platform in the country... The country’s supervisory body for telecommunication, internet and mass media, Roskomnadzor has recently issued an order banning access to LocalBitcoins in Russia. The government body’s move came as a surprise to both LocalBitcoins and the country’s Bitcoin community, mainly due to the timing of the ban. The order to block access to the Bitcoin platform follows a recent statement by the country’s deputy finance minister, Alexei....
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The Roskomnador, Russia’s federal administrator of telecommunications and the internet has blocked access to prominent peer-to-peer bitcoin exchange platform LocalBitcoins. In a move that won’t come as a surprise to the cryptocurrency community, Russia’s telecom regulator has blocked access to popular over-the-counter and P2P bitcoin exchange platform LocalBitcoins. Roskomnadzor (Federal Service for Supervision in the Sphere of Telecom, Information Technologies and Mass Communications) has effectively blacklisted LocalBitcoins’ domain, rendering it inaccessible via Russian ISPs. A quick....
Russia’s Administration for Telecom and Internet Roskomnadzor has blocked peer-to-peer local Bitcoin exchange LocalBitcoins. They have blacklisted the domain, and it is now inaccessible by Russian ISPs. However, Nikolaus Kangas, CEO of LocalBitcoins, thinks that this ban is only temporary and stays optimistic about the future of his company in Russia and Bitcoin in general. At the end of August, about 1.35 million users from 249 countries were registered at LocalBitcoins, where the weekly volume of transactions on the platform exceeded $14 million. It is possible to work around the block.....
Imagine being on a chat. You think you're talking to a friend or to a co-worker, or maybe you're trying to contact a company to see about replacing something that was lost or damaged in a recent order. In the midst of it all, a hacker integrates the chat system you're using, logs in and steals all of your bitcoins. Pretty upsetting, right? Well, for a few users of peer-to-peer marketplace LocalBitcoins, that's exactly what happened, and many feel that the event is just one too many in a recent string of hackings that include an attack on European exchange Bitstamp, which resulted in $5....
The process of purchasing bitcoins on a LocalBitcoins ATM will not require an Internet connection. It seems a few arrests in Florida are not going to slow down progress over at LocalBitcoins. LocalBitcoins ATMs are now in production, and users will soon be able to make local trades without having to find a human counterparty. Their ATMs will allow anyone to buy or sell bitcoins, and the most amazing feature of these new devices might be that they don't require an Internet connection to function. Instead of connecting with your phone, the LocalBitcoins ATM will give a user a redeemable code....
Peer-to-peer bitcoin marketplace LocalBitcoins suffered a hack this week that resulted in the distribution of malware and a loss of customer funds. Affected users will be granted refunds after taking steps to address security vulnerabilities, according to the company. LocalBitcoins vice president Nikolaus Kangas acknowledged the hack on 27th January in a forum post, outlining how the intrusion took place through its LiveChat account, with an estimated 17 BTC lost from customer wallets. The bitcoin marketplace has experienced security-related problems before, including an incident last year....