Author: NBTC
Tokenizing real estate is a cutting-edge way to raise funds using crypto, where investors exchange traditional currency or digital coins for specialized “tokens.” In essence, tokenization transforms real estate into digital assets that are securely managed through blockchain technology. These tokens are then traded on real estate tokenization platforms. Table of Contents What to look for in a real estate tokenization platform Top real estate tokenization platforms How to choose the right platform FAQs What to look for in a real estate tokenization platform Tokenization simplifies and reduces the cost of buying and selling real estate by eliminating the need…
Coinbase’s swift fix for Polygon transaction delays helped MATIC and POL prices jump over 2%, restoring market confidence. The introduction of the POL token and enhanced whale activity continue to support positive sentiment for Polygon’s future. Referring to a recent update by Coinbase, the prices of MATIC and POL jumped over 2% today following the exchange’s announcement of a crucial fix for recent transaction delays on the Polygon network. Coinbase experienced an issue that caused delays in sending or receiving MATIC but reassured users that their funds remained safe while it worked on resolving the problem. As discussed in a…
De Nederlandsche Bank fined Bybit $2.4m for offering crypto services in the Netherlands without mandatory registration. The Netherlands‘ central bank, De Nederlandsche Bank, has fined Bybit €2.2 million ($2.4 million) for offering crypto services in the country without the required registration, breaching regulations designed to combat money laundering and terrorist financing. The fine, issued on Oct. 22, stems from Bybit’s failure to register with DNB as mandated by the Anti-Money Laundering and Anti-Terrorist Financing Act, which requires crypto service providers to register to help monitor and prevent illicit financial flows. The registration requirement was introduced in May 2020 in response…
Felix, a WhatsApp-based platform focused on cross-border payments, has teamed up with Zero Hash to simplify remittances for 60 million U.S.-based Latinos. According to a press release seen by crypto.news, the partnership enables users to send funds instantly via WhatsApp, using stablecoin infrastructure managed by Zero Hash, a provider of crypto and stablecoin technology also utilized by Stripe and Interactive Brokers. Per the release, U.S.-based Latinos collectively send $150 billion back to their homes each year. Felix’s service integrates with WhatsApp, offering a streamlined way to send money without the high fees and slow transfer times typical of traditional remittance…
El Salvador’s pioneering move to adopt Bitcoin as a legal tender has sparked global interest and debate, especially regarding its impact on financial stability. A recent report by the Financial Action Task Force of Latin America (GAFILAT), an affiliate of the Financial Action Task Force (FATF), offers new insights into this issue. The study concludes that Bitcoin’s role in the Salvadoran financial system poses no significant threat, despite initial concerns and the country’s ambitious experiment with cryptocurrency. GAFILAT’s analysis evaluated El Salvador’s efforts to combat money laundering and terrorism financing (AML/CFT) in the context of Bitcoin’s legal status. The report…
Data provided by the Phoenix Group revealed that DMarket and Guild of Guardians set monthly sales records and demonstrated consistent demand for digital items despite high fluctuations in the market. The market of NFTs remains active, and October 2024 becomes a crucial period for major collections. TOP #NFT COLLECTIONS BY MONTHLY SALES VOLUME #DMarket #GuildofGuardians #BitcoinPuppets #BoredApeYachtClub #CryptoPunks #DogeZuki #Frogana #Sorare #NodeMonkes #OrdinalMaxiBiz #MiladyMaker #RetardioCousins pic.twitter.com/AvdfREC61M — PHOENIX – Crypto News & Analytics (@pnxgrp) October 31, 2024 DMarket Dominates the Rankings DMarket claims the lead with $37.29M in sales and 440% monthly growth. DMarket has revealed the potential of its…
BlackRock, the world’s largest asset manager, recorded a significant increase in its Bitcoin ETF holdings, reaching 403,725 BTC, valued at approximately $27.7 billion, as reported by Lookonchain in a post on X. Oct 28 Update: 10 #Bitcoin ETFsNetFlow: +5,246 $BTC(+$360.28M)🟢#Blackrock(iShares) inflows 4,369 $BTC($300M) and currently holds 403,725 $BTC($27.73B). 9 #Ethereum ETFsNetFlow: -387 $ETH(-$973K)🔴https://t.co/dFLYQIWNenpic.twitter.com/SXfSqF3eew — Lookonchain (@lookonchain) October 28, 2024 BlackRock’s iBIT ETF spearheaded the surge in Bitcoin investments, adding 4,369 BTC worth approximately $300 million and 17,110 BTC valued at around $1.18 billion over the past week. At the time of writing, the total Bitcoin holdings across major ETFs amounted…
Sui has earned a reputation for its technical innovations, but is it the next “Solana Killer”? Industry experts assess both platforms’ relative strengths. Solana’s existing community provides its advantages but shouldn’t rest on its laurels. Sui the “Solana Killer” Sui and Solana are both Layer-1 blockchains making a buzz in the crypto space, although with very different profiles. Solana is among the largest crypto assets today, with rumors circulating that it might be a contender for the third exchange-traded fund (ETF). Sui, on the other hand, is a much younger blockchain, aiming to outcompete Solana on its most attractive features.…
Shocking: the well-known accountant and cryptocurrency expert, Stefano Capaccioli, has discovered a loophole in the law that regulates crypto taxes in Italy. This is an unintentional technical flaw due to the methodology with which laws are modified in Italy. The issue, therefore, is purely technical, but Capaccioli summarized it in a recent video interview. The flaw in the new law on crypto taxation in Italy The reduction of crypto taxes in Italy after the discovery of the flaw The modifiche The height The flaw in the new law on crypto taxation in Italy In Italy, when a law is modified,…
An interesting interaction took place in the crypto space today, when the official X account of the popular meme-inspired cryptocurrency Shiba Inu (SHIB) asked the world’s largest crypto exchange, Binance, a juicy question. But first things first. It all started with a Binance post that included an image with the repeated word “wen,” which means “when” in crypto slang, accompanied by the caption, “The only question anyone cares about right now.” In its address, the account of the largest exchange in the world probably meant when Bitcoin will update its high price, given that yesterday the main cryptocurrency came close…