Blockchain: It’s where you can buy Bitcoin, digital pictures of Bored Apes, and—for a brief time—Teslas. Also: houses. USDC.Homes, a company that partners with mortgage lenders and brokers to facilitate crypto home loans, has completed its first sale via DeFi lending protocol Teller. The new owner took out a $500,000 USDC stablecoin mortgage on an Austin, Texas, condo valued at…
The Gazette further determines that this decision will enter into force 20 days after its publication, which is May 16. Source: https://cointelegraph.com/news/cuban-central-bank-makes-it-official-vasp-licensing-coming-in-may
Bitcoin evangelist and MicroStrategy CEO Michael Saylor today said his company will offer employees access to Bitcoin retirement plans. MicroStrategy employees will be able to invest in the biggest cryptocurrency by market cap as part of 401(k) savings accounts, he said on Twitter and in an interview with CNBC. The announcement comes just as Fidelity Investments, America’s largest provider of…
Bitcoin (BTC) reclaimed $39,000 on April 27 after another night of pain saw BTC/USD hit its lowest levels since mid-March. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView “All assets suffer” at hands of rampant dollar Data from Cointelegraph Markets Pro and TradingView showed the largest cryptocurrency trading at $39,200 on Bitstamp at the time of writing, up 2.5%. Tuesday had seen…
gm Podcast, Episode 8: All About Avalanche with John Wu Ava Labs president John Wu talks to Dan Roberts and Jeff Roberts about the meteoric rise of so-called “Ethereum killer” Avalanche (he hates that phrase), its utility and usability, AVAX token, tribalism in crypto, the SEC and regulation, and NFT backlash. Source: https://decrypt.co/videos/interviews/vaa2uUY7/gm-podcast-episode-8-all-about-avalanche-with-john-wu
Two European citizens have been charged by a United States district court in connection to a blockchain and cryptocurrency conference in North Korea which violated U.S. sanctions back in 2019. According to the U.S. Department of Justice, the court documents allege that Alejandro Cao De Benos, a citizen of Spain, and Christopher Emms, a citizen of the United Kingdom conspired…
In 2017, “Ethereum killer” became a popular marketing term to describe a host of novel blockchains promising faster and cheaper transactions than those offered by the industry’s leader. Since then, a lot has changed, though. And with it, a change in focus. “We hate that. We don’t consider ourselves an Ethereum competitor,” John Wu, the president of Ava Labs, said…
Coinme, a cash-for-crypto exchange, has launched 23 bitcoin-enabled kiosks in Vermont.Coinme has a network of over 9,500 kiosks across 49 states in the U.S. The kiosks are powered by Coinstar who intends to “build upon our existing footprint to bitcoin-enable even more kiosks across the country.” Coinme, a cryptocurrency cash-exchange in the U.S., has officially launched 23 bitcoin-enabled Coinstar kiosks…
The AFIP, the Argentinian tax agency, is supporting the creation of a centralized system that serves as a registry for cryptocurrency holders. According to statements from its head, this would make it easier for tax agencies all over the world to curb evasion. The organization has already made use of financial information to collect taxes from Argentinian users with bank…
A new homeowner has bought an apartment in Austin, Texas through a program that allows crypto holders to take out traditional uncollateralized mortgages based on their credit scores. The USDC.homes crypto mortgages platform issued its first crypto loan to an Austin resident who bought a $680,000 condo with a $500,000 loan issued in USD Coin (USDC) stablecoin over the Polygon…
