Craig Wright began playing offense in a 500,000 bitcoin lawsuit. After he told Ira Kleiman that his dead brother’s hard drives might hold a small fortune in bitcoin, Kleiman bought a house for nearly $400,000 in cash. Now Wright wants to know if his legal opponent is hiding something.
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…
Must-reads for September 28, 2018: Walmart forces blockchain on farms, big Indian exchange shuts down, and crypto stuff to do in Scotland
Here are the crypto stories you should be watching today
Walmart, Sam’s Club tell suppliers to get on blockchain network (Computerworld) Walmart has told suppliers of leafy green vegetables that they better tracking their produce on the blockchain in the next 12 months or else. The goal is to enhance food safety and find the sources of E coli when they happen. It would also mean that Walmart would be able to isolate problems and not have deal with the expenses of mass recalls. Besides, Walmart loves it when suppliers outsource thing to China. Major Indian Bitcoin Exchange Zebpay Shuts Down Due to Banking Freeze (CCN) Zebpay, one of India’s biggest crypto exchanges, is calling it quits. That means…
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…