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Grant Cardone lists $42 million property on Propy
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6 days agoon
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Entrepreneur Grant Cardone has entered the real estate sector by listing his $42 million property in Golden Beach, Florida, through a blockchain-based platform.
This move marks Cardone’s first foray into crypto real-estate innovation, and he used a decentralized title registry and escrow settlement protocol offered by Propy.
Propy is a blockchain-based platform for buying and selling real estate, providing a secure and transparent transaction platform. Cardone’s mansion listing on Propy shows the growing acceptance of blockchain in real estate.
“We are all in on blockchain revolutionizing real estate. We are leveraging top-tier technology to make transactions seamless and unstoppable. This is the future of real estate, and we’re leading the charge!” said Cardone.
Propy
Propy’s platform, which ensures transaction security through blockchain’s immutability, has taken a step further with its integration with Base Layer 2 technology. This integration significantly enhances efficiency and offers tokenized address markets through PropyKeys.
Natalia Karayaneva, founder of Propy, emphasized the platform’s appeal to high-net-worth individuals, investors, and crypto buyers. She highlighted the listing’s availability in Bitcoin (BTC) and USD, hoping that Propy emerges as a real estate leader in cryptocurrency.
“It is a privilege for us to be the platform of choice for high-end property sellers, enhancing our offering to our community of high net-worth individuals, investors, and crypto buyers… The inclusion of Cardone’s listing in BTC and USD on Propy, minted with our latest privacy deed feature, highlights our leadership in the intersection of real estate and crypto,” Karayaneva said.
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Protocol Village: Hinkal, Instititutional-Grade Self-Custodial Protocol, Plans Launch of 'Shared Privacy'
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Republican National Committee Endorses Pro-Bitcoin Platform in Party Draft
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2 hours agoon
July 8, 2024By
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Today, a Republican National Committee panel approved a draft of its 2024 party platform, that strongly supports Bitcoin.
On page nine, the draft explicitly states, “We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their digital assets, and transact free from Government Surveillance and Control.”
JUST IN: 🇺🇸 Republican National Committee panel passes draft of party platform, pledging to "defend the right to mine #Bitcoin" and protect self custody. pic.twitter.com/CnH8nMOuUO
— Bitcoin Magazine (@BitcoinMagazine) July 8, 2024
Additionally, it promises to end what it calls the Democrats’ “unlawful and unAmerican Crypto crackdown” and opposes the creation of a Central Bank Digital Currency (CBDC). According to The Hill, the platform committee overwhelmingly approved the new draft and it will face a final vote on Tuesday.
This decision further marks a clear stance by the Republican party in favor of Bitcoin and cryptocurrency innovation, positioning itself against the current unwelcoming stance by the Biden Administration and Democrats.
The draft reflects the growing interest and advocacy for protecting and supporting Bitcoin within the party, aligning with broader trends of Bitcoin adoption and support among various Republican politicians. In May, Donald Trump said he “will ensure that the future of crypto and Bitcoin will be made in the USA.”
The full approved draft can be read here:
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The German Government Is Selling More Bitcoin – $28 Million Moves to Exchanges
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7 hours agoon
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The German government continued shifting portions of its massive Bitcoin trove to exchanges on Monday, transferring over $56 million worth across multiple transactions.
According to blockchain data, addresses linked to the German government moved a total of 500 BTC to Bitstamp and Coinbase (250 BTC each), worth about $27.9 million, at 14:48 UTC+8 today, and transferred 500 BTC to an unmarked address.
JUST IN: 🇩🇪 German Government sends another 1,000 #Bitcoin worth $56 million to exchanges 👀 pic.twitter.com/zsxg3q2tkV
— Bitcoin Magazine (@BitcoinMagazine) July 8, 2024
Germany originally seized nearly 50,000 Bitcoin back in 2013 from the operators of the now-defunct piracy website Movie2K. The stash is estimated to be worth around $2.3 billion at today’s prices.
This comes after the government shifted around $390 million in Bitcoin to various platforms since mid-June.
The steady flow of transfers to exchanges signals Germany’s potential intentions to liquidate parts of its reserves. While reasons remain uncertain, the sales have fueled volatility in Bitcoin’s price, which dipped below $55,000 last week.
However, the amounts shifted so far equate to a relatively small portion of Germany’s massive holdings. After the latest transactions, the government still possesses around 40,000 bitcoins valued at nearly $2.2 billion.
Nonetheless, the remaining reserves represent a significant share of daily Bitcoin trading volumes. As such, experts caution the threat of further turbulence lingers as long as Germany stays active in reducing exposure.
The liquidations come just as long-awaited creditor payouts from Mt. Gox’s 2014 collapse appear set to begin. This timing might compound selling pressure on Bitcoin amid an already bearish macro environment.
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