Transparent financial systems won’t get real traction, blockchain exec argues

As the conversation around privacy intensified with the recent Litecoin (LTC) upgrade called Mimblewimble and regulators’ reaction to the feature, Adrian Brink, the founder of blockchain protocol Anoma, weighed in on the topic and shared his perspectives to Cointelegraph.  According to Brink, privacy is an essential tool for democracy because it prevents huge corporations from targeting people and segregating them into different bubbles. The Anoma founder told Cointelegraph that: “The fact that you have surveillance capitalism allows micro-targeting to such an extent that it can put people into their own…

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USDC’s ‘real volume’ flips Tether on Ethereum as total supply hits 55.9B

USD Coin is taking a run at the title of the top stablecoin in crypto after its daily ‘real volume’ on the Ethereum network doubled that of Tether’s USDT on Tuesday.  According to crypto market data tool Messari, Circle’s USDC posted $1.1 billion in daily real volume on the Ethereum network on June 21, which was double USDT’s real volume of $579 million. Messari’s real volume metric is calculated by compiling data only from exchanges that it believes have “significant and legitimate crypto trading volumes” and thus differs to the…

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Blockchain investments are disrupting the real estate industry: Report

The Cointelegraph Research Terminal, the leading provider of premium databases and institutional-grade research on blockchain and digital assets, has added a new report to its expanding library from the industry leader in tokenization.  This report from Security Token Market and sister company Security Token Advisors covers the rapidly emerging asset-backed real estate tokenization industry. This report has information on the developing shifts in the industry and is a must for any firm or business with a portfolio that encompasses real estate. The tokenized real estate industry is growing rapidly amid…

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Bitcoin’s real energy use questioned as Ethereum founder criticizes BTC

The ever-raging debate around Bitcoin’s energy consumption has been re-ignited, with founding member of Ethereum Anthony Donofrio claiming that Bitcoin is using “way too much” energy.  According to figures from Digiconomist, Bitcoin (BTC) currently uses 0.82% of the world’s power while Ethereum (ETH) uses 0.34%. Ethereum researcher Justin Drake posted the figures to his 56,000 followers that Donofrio retweeted, stating: If bitcoin is really using nearly 1% of the energy on earth that is way too much for a pet rock. https://t.co/CDL32jk5FF — Texture, PhD (@iamtexture) June 9, 2022 Ethereum…

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One of Brazil’s Leading Real Estate Companies, Gafisa, Accepts Crypto as a Form of Payment

Cryptocurrency continues to gain worldwide acceptance as various companies begin to accept crypto as a form of payment. A Leading Brazilian real estate company, Gafisa, has already started accepting crypto for property sales in a similar development. According to Gafisa’s back rooms, “Bitcoin is ideal for real estate development businesses since it eliminates middlemen, a frequent practice in the property development market.”  In the recent news release announcing the acceptance of cryptocurrency, the company’s decision to accept bitcoin was based on the technology’s ability to generate new prospects for innovation in…

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‘Mega bullish signal’ or ‘real breakdown?’ 5 things to know in Bitcoin this week

Bitcoin (BTC) is bouncing back this week as a sudden surge challenges weekly highs. In what should provide some desperately needed confidence to bulls, BTC/USD is back at weekly highs on May 30, gaining several percent overnight. In contrast to recent weekly closes, the May 29 candle managed to limit the downside and reverse course immediately as the new week began. Nonetheless, Bitcoin has now sealed nine red weekly candles in a row, something never seen before in its history. Just how bearish is the largest cryptocurrency going into June? The…

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How NFTs are making real estate investments more attainable

Analysts continue to view real estate as a secure and lucrative investment based on its history of higher returns, especially when compared to traditional stocks.  In many ways, stability can be likened to the scarcity principle driving demand. But ultimately, there are only so many plots of land available in the world today unless explorers move beyond Earth’s borders. One more benefit of real estate is passive income since many real estate investors make money through rent payments that provide a steady income stream on top of the property’s value…

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Is depegging a real threat to financial stability?

This week will be remembered as the one when the stablecoins showed an unexpected ability to depeg. Terra’s TerraUSD (UST) dropped to a shocking $0.29 following the general meltdown of both crypto and financial markets, but it was also the headliner of stablecoins’ niche, while Tether (USDT) lost the balance and slid to $0.96 for a short time.  The United States Treasury Secretary Janet Yellen felt it necessary to assure everyone that, given the stablecoins’ market size, depegging didn’t present a threat to America’s financial stability. At the same time,…

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Stablecoins’ recent de-pegging is not a ‘real threat to financial stability,’ says Janet Yellen

According to United States Treasury Secretary Janet Yellen, the stablecoin market is not at the scale at which the drop in the price of TerraUSD (UST) and Tether (USDT) below $1 would present a threat to the country’s financial stability. In a Thursday hearing of the House Financial Services Committee on the Financial Stability Oversight Council’s Annual Report to Congress, Yellen hinted that the stablecoin market was not yet at a size in which UST dropping to under $0.40 and USDT — the largest stablecoin by market capitalization — briefly…

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Bitcoin 2022 — Will the real maximalists please stand up? – Cointelegraph Magazine

As I go about the Miami conference, I wonder, Aside from some of the conference speakers, where are these Bitcoin maximalists I keep hearing so much about? When I tell the customs official I’m going to Miami for the Bitcoin 2022 conference, there seems to be a light in the man’s eyes. He peppers me with questions, even though I’d gotten up at 5 am that day to fly, and my smartwatch is telling me that my energy levels are only at 70%. The customs official has way more interest…

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