Convenience, extended marketplace, and increased security are but a few reasons cryptocurrency real estate transitions are in vogue these days.
Crypto whales are targeting the luxury home sector
So-called cryptocurrency whales who have made millions, if not billions in profit from their early investments in Bitcoin and other digital currencies, are said to be flooding the luxury real estate market. The Wall Street Journal says crypto millionaires have made some of the biggest purchases of homes over the last year. For instance, Brian
Mortgage lender UWM drops bitcoin payments plan, for now
Homeowners have shown little interest in paying off their mortgages with bitcoin and other cryptocurrencies, causing United Wholesale Mortgage to ditch its plan to start accepting digital currencies as payment. UWM first announced its plans to embrace cryptocurrencies in August, and began a pilot project enabling a select number of mortgage holders to start making
Inferium [INF] Pre-ICO Crypto Buying Ends in 18 Hours
Inferium all set to launch its Initial Coin Offering (ICO) of crowdfund based real estate investment platform.
United Wholesale Mortgage will accept bitcoin for home loan payments
United Wholesale Mortgage has said it intends to let homeowners pay off their mortgages in bitcoin later this year. The company, which went public last January via a special purpose acqusition merger, said this week it intends to accept “cryptocurrency” as payment for home loans. Detroit Free Press, which first reported the story, said UWM
What you need to know before using crypto to buy a home
Cryptocurrency continues to get many new use cases, including its involvement in the real estate market. In principle, conducting a transaction is easy since the only thing needed to complete the transaction is for both parties to agree to use crypto. While this is true, purchasing property involves several steps that aren’t common in other
Rick Caruso’s real estate firm now accepts bitcoin
Billionaire Rick Caruso’s namesake real estate firm Caruso has said it will accept bitcoin
11 Things You Should Know About Cryptocurrencies
With cryptocurrencies becoming more and more popular, an increasing amount of people want to get their hands on a share of the cryptocoin pie. But before you dive into investing or mining cryptocurrency, it’s good to know all the facts. Here are 11 things everyone should know about cryptocurrencies. 1. The Number of Cryptocurrencies When
Is Digital Currency a Worthwhile Pursuit for Real Estate Investment?
With the world currently in the depths of the ever-evolving internet age, there are a wide range of technological developments that have recently reformed the structure of real estate investment. One such development comes from digital currencies such as Bitcoin and Ethereum. Originally derided as short-lived, these cryptocurrencies have stood the test of time to
Harbor raises $10M for its blockchain compliance platform
Harbor, a San Francisco, CA-based blockchain technology company, has announced its raised $10m in Series A financing.
Fifth Wall Ventures, a venture capital firm that specializes in real estate startups, participated in the Series A round along with Vy Capital and Valor Equity Partners.