Connect with us

Blockchain

Major Latin American Marketplace to Accept Bitcoin Payments for Real Estate

Argentinian online marketplace Mercado Libre has launched a crypto section within its platform, enabling purchases of real estate in Bitcoin.

Avatar

Published

on

In brief

  • Mercado Libre, a major Latin American online marketplace, is set to accept Bitcoin payments for real estate.
  • The new option is available for properties in major cities across Argentina and Uruguay.

It is now possible to buy real estate in Argentina and Uruguay with Bitcoin through Mercado Libre, the leading Latin American online marketplace.

As per an announcement from the company, Mercado Libre has launched a dedicated crypto section within its platform, featuring offers for apartments, houses, and plots of land in the City of Buenos Aires, the Greater Buenos Aires area, Santa Fe and Córdoba.

Properties are priced in US dollars, but once a potential buyer indicates their interest, they can contact the real estate agency to agree on a conversion rate to make the transaction in Bitcoin (BTC).

Currently, the platform features 75 properties managed by seven real estate companies that have expressed their willingness to accept cryptocurrency as a payment method.

According to Manuel Carretero, commercial director for vehicles and real estate at Mercado Libre, “Bitcoin offers multiple advantages for real estate operations, both for the buyer and for the seller.” The company says it has always closely watched the market trends and expects that over time more real estate companies will join the initiative.

To mark the launch of its real estate crypto section, Mercado Libre hosted a webinar on cryptocurrencies and blockchain technologies, which was attended by around 300 real estate agencies and companies.

https://www.youtube.com/watch?v=tTj64DISI98

Leading the global crypto adoption

Latin America is considered among the global leaders in terms of cryptocurrency adoption, with banking difficulties and depreciating fiat currencies being one of the key factors behind the trend.

According to a recent survey conducted by Visa, Latin Americans increasingly see cryptocurrencies as a payments method–in fact, 25% of the respondents said they were eager to use digital assets.

Meanwhile, the range of products and services that can be purchased with Bitcoin globally is growing. In recent months it has expanded to include everything from Tesla to the most expensive property in London. However, with Bitcoin’s price having increased by nearly 600% over the last year, it’s open to question whether anyone’s prepared to use their Bitcoin for transactions rather than as a store of wealth.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://decrypt.co/69470/major-latin-american-marketplace-to-accept-bitcoin-payments-for-real-estate

Blockchain

Globe Crypto Derivative Exchange set to offer new derivatives products this May

The nascent digital assets market continues to evolve as new products and platforms continue to flood the landscape. The Globe Crypto Derivative Exchange is set to be at the forefront of this rapidly evolving niche since it will offer a suite of innovative futures contracts and features, allowing both corporate and individual traders to trade […]

The post Globe Crypto Derivative Exchange set to offer new derivatives products this May appeared first on BitcoinerX.

Avatar

Published

on

The nascent digital assets market continues to evolve as new products and platforms continue to flood the landscape.

The Globe Crypto Derivative Exchange is set to be at the forefront of this rapidly evolving niche since it will offer a suite of innovative futures contracts and features, allowing both corporate and individual traders to trade short Bitcoin (BTC), Ether (ETH), and DeFi Tokens with more leverage via perpetual futures contracts.

Globe Crypto Derivatives Exchange

Globe Crypto Derivatives Exchange aims to become a pioneer by offering exciting new derivative products. Investors can take advantage of these innovative products to boost their funds’ performance beyond what they might achieve using other crypto or traditional financial exchanges.

The derivatives trading platform is set to offer new trading products such as VIX futures, which is designed to make futures trading easily accessible to both institutional and retail investors. With its offerings, investors can speculate on the price of an underlying asset without directly trading in them.

Contracts on the Globe platform are all perpetual futures contracts, which is a type of derivative. These contracts offer traders an easy way to hold leveraged positions without expiration dates while minimizing risk from the underlying asset.

Globe will initially support future products such as ETH/USD, XBT/USD, UNISWAP/USD and XBT/VIX. The platform is backed by Y Combinator, Tim Draper, and Pantera Capital, among others. The platform is set for launch sometime in May 2021 but a definite date has not yet been announced.

GDT Token To List On May 12 After The Ongoing Liquidity Bootstrap Pool

Globe will list its token on May 12 after the ongoing Liquidity Bootstrap Pool auction is finished. Called the Globe Derivative Token (GDT), it is the native utility token of the platform and can be used in a variety of transactions such as for payment of fees, fee discounts, trading margin, and in the platform’s rewards program.

Globe is currently auctioning 14 million $GDT, which is 3.5 percent of its total supply, in a Liquidity Bootstrap Pool by Balancer. The auction started on 12:00 UTC+0, May 10, 2021, and will end at 12:00 UTC+0, May 12, 2021. Click here for more details on the LBP. For the latest updates on the project, check out the Globe Exchange’s Medium page.

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://bitcoinerx.com/blockchain/globe-crypto-derivative-exchange-set-to-offer-new-derivatives-products-this-may/

Continue Reading

Blockchain

QAN Raises $2.1 Million in Venture Capital to Build DeFi Ecosystem

QANPlatform has successfully closed a $2.1 million funding round and it looks to build a quantum-resistant DeFi infrastructure.

Avatar

Published

on

QANPlatform – a project that is on a mission of building a quantum-resistant hybrid blockchain protocol, secured investment from various venture capital funds to build a DeFi ecosystem.

QAN Successfully Closes a Funding Round of $2.1 Million

The question of whether or not existing blockchain-based PoW networks would stand the test of a quantum computer is one that’s been discussed for quite some time. To this date, many believe that a quantum computer is the most serious threat to Bitcoin as it would be able to solve math problems a lot quicker compared to traditional mining machines.

In any case, in an attempt to tackle these issues, along with others, QANplatform has raised $2.1 million to fund the development of an ecosystem where developers would be capable of building various software applications within DeFi quicker.

Leading the round were the likes of DeltaHub Capital, BlackDragon, Insignius Capital, Fairum Ventures, and so forth.

Speaking on the matter was Johann Polecsak, co-founder and Chief Technical Officer at QANplatform, who said:

“Our key mission is to lower the entry barriers for developers so startups and enterprises can build their Proofs-of-Concept (PoC) and Minimum Viable Product (MVP) as fast as possible to reach mass adoption. We stick to this view and let only community-driven VCs invest in this strategic pool”

Quantum Computing and its Threats

According to a well-known report from one of the largest auditing and security service companies in the world – Deloitte, quantum computing does pose a threat to Bitcoin.

Of course, it’s important to factor in the possibility of such a computer being created and used for this particular purpose, but, in theory, it could cause damage, according to the experts.

For instance, there are around 4 million bitcoins that are potentially vulnerable to a quantum attack. Yet, there are plenty of things to keep in mind when thinking about this. For instance, it’s important to note that these are mostly p2pkh addresses, and only those which have never been used to spend bitcoins are safe because their public keys are not yet public. In other words – if one transfers their BTC to a new address, they should not be vulnerable to a quantum attack.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/qan-raises-1-8-million-in-venture-capital-to-build-defi-ecosystem/

Continue Reading

Blockchain

Balancer V2 is Live Promising Lower Fees and Improved Experience

Balancer V2 goes live today and it promises users lower fees and substantially improved user experience.

Avatar

Published

on

The automatic market maker (AMM) running on top of Ethereum, Balancer, announced that Version 2 of its platform is already live. It promises lower gas costs, a redesigned interface, and an enhanced user experience.

Balancer V2 Arrives

Built on Ethereum, Balancer is a DeFi protocol enabling users to trade ether and ERC-20 tokens in a trustless, permissionless environment. By providing liquidity to a Balancer pool, they can also earn a portion of the trading fees paid to the network for the use of their funds in the form of the native token BAL.

The team behind Balancer announced the arrival of its long-anticipated Version 2 platform in a press release shared with CryptoPotato. It comes with a new user interface, indicating that the user experience has been simplified.

The statement outlined there will be an easy-to-follow migration procedure for users to transfer their funds from Balancer V1 to V2, and it will be released as a full tutorial later.

The team believes that V1 will continue to “provide the best price until a substantial amount of liquidity migrates to V2.” At that point, Balancer expects trades to be routed through V2’s Protocol Vault resulting in “lower gas costs and better pricing.” The project’s estimations envision the fee reduction to be up to 50%.


ADVERTISEMENT

Multi-Sig and Liquidity Mining

The upgrade has signified Balancer Protocol’s transition to a community multi-sig for its governance execution. As a result, the new signers include Alexander Lange (Inflection), Fabien Marino (Snapshot Labs), Kain Warwick (Synthetix), Kevin Owocki (Gitcoin), Trent McConaghy (Ocean Protocol), and Mariano Conti (Ethereum).

They will be responsible for “executing all transactions passed as Snapshot as Balancer continues to be run by those who care most – the community.”

V2 will also provide a new and “more trustless program” for BAL liquidity mining. Upon its launch, liquidity providers (LPs) will be able to stake positions in different pools and receive BAL tokens.

Each pool will be assigned to one of three different tiers, with each tier slot getting a pre-determined amount of coins per week.

The team also informed that it will release further details in the following weeks on the “changing Balancer landscape.”

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/balancer-v2-is-live-promising-lower-fees-and-improved-experience/

Continue Reading

Blockchain

Palantir Accepts Bitcoin for Payments and Considers Adding BTC to Balance Sheet

Major software and analytics company Palantir is the latest to accept BTC and even considers adding it to its balance sheet.

Avatar

Published

on

Software & analytics company Palantir has announced that they will be accepting Bitcoin as a payment method. Palantir will also consider purchasing Bitcoin or other cryptocurrencies to store on their balance sheet.

Thiel Bets Big on Bitcoin

Peter Thiel, the co-founder of Palantir (and, notably, PayPal), has been a long-standing cryptocurrency advocate. The company announced that it now accepts BTC for payments and even considers adding it to its balance sheet.

As early as three years ago, Thiel has been seen investing in cryptocurrency mining startups, exchanges, and more, making a bid on the come-up of Bitcoin and blockchain technology.

Earlier today, Block.one (another Thiel-backed software company) announced a bold new venture: a new cryptocurrency exchange named ‘Bullish,’ backed by a whopping $10B in funding. Thiel Capital was one of the leaders in this funding round.

A Growing Trend

The air is changing: big companies are slowly warming up to cryptocurrency. What started with a wave of small underdogs, like the Ethereum Hotel in China, has blown up this year with a flood of large new players accepting Bitcoin – even tech giants like Tesla.


ADVERTISEMENT

As more companies join the trend and more investors start storing portions of their wealth in cryptocurrencies, there is a very real financial opportunity cost on the horizon for archaic companies that choose not to adopt what’s coming, as they risk alienating a large section of demand.

Whereas some firms are resistant to change due to the additional hiring and costs associated with adding cryptocurrency terminals, many are of the opinion that there will soon come a point where it becomes far more expensive not to accept Bitcoin as a payment method.

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://cryptopotato.com/palantir-accepts-bitcoin-for-payments-and-considers-adding-btc-to-balance-sheet/

Continue Reading
ACN Newswire7 mins ago

Duet Protocol closes first-round funding at US$3 million

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

SaaS21 mins ago

Fintech28 mins ago

SWIFT and Accenture publish joint paper on central bank digital currencies in cross-border payments

Bioengineer45 mins ago

NTU study of ancient corals in Indonesia reveals slowest earthquake ever recorded

PR Newswire45 mins ago

Zymo Research veröffentlicht Open-Source-Bioinformatik-Pipeline für die Erkennung von SARS-CoV-2-Varianten in Abwässern

Blockchain46 mins ago

Globe Crypto Derivative Exchange set to offer new derivatives products this May

Cleantech47 mins ago

California Governor Gavin Newsom Expands Drought Declaration to 41 Counties

NEWATLAS56 mins ago

World’s smallest single-chip system can be injected into the body

PR Newswire57 mins ago

HTC VIVE Takes Business and Consumer VR to the Next Level with Two New VR Headsets and a Dedicated Suite of Professional Tools

Blockchain59 mins ago

QAN Raises $2.1 Million in Venture Capital to Build DeFi Ecosystem

Blockchain60 mins ago

Balancer V2 is Live Promising Lower Fees and Improved Experience

Blockchain1 hour ago

Palantir Accepts Bitcoin for Payments and Considers Adding BTC to Balance Sheet

Blockchain1 hour ago

eBay Now Allows the Sale of NFTs on its Platform

Blockchain1 hour ago

Hackers Attack Instagram Accounts in Malta and Require Bitcoin Ransom

Aviation1 hour ago

Australia’s Borders May Not Fully Reopen Until Mid-2022

Blockchain1 hour ago

Mining Bitcoin: How to Mine Bitcoin

Automotive1 hour ago

New Tesla Model S Plaid photos reveal small update to the yoke steering wheel

PR Newswire1 hour ago

Global Ammonium Carbonate Market- Avantor Inc., BASF SE, HAYAKAWA & Co. Ltd., among others to contribute to the market growth

PR Newswire1 hour ago

Dodge & Cox lanserar Dodge & Cox Worldwide Funds Emerging Markets Stock Fund

Blockchain1 hour ago

eBay now NFT marketplace

Blockchain1 hour ago

Yearn Finance surges 45% as it joins dog pack with WOOFY

Trending