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    Asia & Australia,  Bitcoin,  Canada,  Ethereum,  Media

    Must-reads for October 4, 2018: TD Ameritrade finds futures in crypto, Manhattan real estate goes blockchain, North Korean crypto hackers starve Canadians

    These are the crypto stories you should be following today

    Stock brokerage giant TD Ameritrade bets on a new cryptocurrency exchange (CNBC) TD Ameritrade is getting into the crypto trading business by investing in ErisX, a crypto spot and futures exchange. “The crypto exchange is regulated by the Commodity Futures Trading Commission, a prerequisite for investing, [head of TD’s futures and FX trading JB] Mackenzie said. Certain aspects of the ErisX offering are still pending regulatory approval, a TD Ameritrade spokesperson said,” reports CNBC’s Kate Rooney.   A First For Manhattan: $30M Real Estate Property Tokenized With Blockchain (Forbes) An East Village condo project is trying to get financing by turning to the Ethereum blockchain, because if there’s ever a…

  • 389 East 89th Street
    Bitcoin

    New York’s first bitcoin real estate transaction raises new questions

    Could $97 invested in 2011 get you a $1 million property today?

    Manhattan has now joined the ranks of marquee places where bitcoins are used to buy real estate. Property developer Ben Shaoul, owner of Magnum Real Estate Group, is in contract to sell two Upper East Side apartments. But is there really a huge upside to paying for homes in crypto? “Everyone’s getting on the crypto train,” Shaoul told Modern Consensus. “I just chose to board it faster.” The two units are both ridiculously small by non-urban standards but for this neighborhood, it’s fairly common. The first unit is a 624-square-foot studio that was asking $875,000. That’s about the size of a car garage in the suburbs. The other is a…