A real estate developer managed to sell a $15.3 million condo in New York for Bitcoin. The transaction was carried out using Bitpay and Starr and, according to the developer, it was “seamless.” This highlights Bitcoin as a viable alternative to fiat transactions and it’s far from being the only serious real estate deal cut with the cryptocurrency.Bitcoin Used For Buying a New York ApartmentA real estate developer, Ben Shaoul, has sold a retail condo in Upper East Side New York and the...
Read More »Investors Hint at XRP’s Dominance Against Bitcoin Amid XRP’s Sudden Price Surge
Ripple‘s XRP token has been one of the poorest performers in the top ten cryptocurrencies in the market. XRP has shed more than 60% of its market cap year-to-date. However, XRP price’s sudden surge over the last few days has drawn investor attention back to the third-largest cryptocurrency.If we look at the weekly chart of CoinMarketCap, we can see that XRP has jumped by over 10% in just the last three days. At press time, XRP is trading at $0.27 with a market cap of just above $12...
Read More »Bitcoin Giant BitPay Screws Over Hong Kong Free Press With Ill-Timed Payments Block
BitPay's untimely ban comes during the unprecedented protests sweeping across Hong Kong. | Source REUTERS/Tyrone SiuBitcoin payment processing platform BitPay has blocked payments to the Hong Kong Free Press (Hong Kong FP), according to the chief editor of the nonprofit press agency.Tom Grundy accused BitPay of sitting atop their funds for almost three weeks. He said the US bitcoin firm held their money because Hong Kong banks do not support IBAN. That raised questions whether or not BitPay...
Read More »Hurricane Dorian Relief Effort Enlists an Unlikely Ally: Bitcoin
The Hurricane Dorian relief effort has teamed up with an unlikely ally in the Bahamas: Bitcoin, along with a helping hand from Coinbase. | Source: Wikimedia Commons (i), AP Photo / Gillian Flaccus (ii). Image Edited by CCN.The Hurricane Dorian relief effort has teamed up with an unlikely ally to help the Bahamas recover from the devastation wrought by the storm: Bitcoin.Coinbase & Bitpay facilitate Bitcoin donations for Hurricane Dorian recoveryThis has become possible after Lend a Hand...
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