⏺News digest December 06, 2022

⭐️The debts of the almost bankrupt Genesis were estimated at $ 1.8 billion and this amount can grow

⭐️Circle, the issuer of USDC, refused to enter the stock exchange

⭐️Foreign crypto exchanges are actively cooperating with the Russian security forces to identify the illegal use of digital currencies, said State Duma deputy Andrey Lugovoy

⭐️Chinese court recognizes NFT as virtual property

⭐️Bloomberg: LedgerX put up for sale, possibly the last solvent division of Curly Sam's empire

⭐️$TSLA Tesla China: Media reports of a 20% production cut at its Shanghai plant in December compared to November are untrue

⏺News digest December 07, 2022

⭐️Windows Winamp player adds NFT support

⭐️"SBF is one of the greatest swindlers in history" - Changpeng Zhao

⭐️Nigeria limits ATM withdrawals of more than $225 per week to force the public to use CBDC

⭐️MetaMask wallet developers promised not to store user data for more than 7 days 🦊

⭐️Tether launches CNH₮ yuan-pegged stablecoin

⭐️Ledger launches new cold wallet with iPod creator

Blockchain for real estate. Use cases

🏢Let’s review blockchain technology and its application to the global real estate ecosystem.

Although the use of blockchain is still emerging in this sector, the technology has the potential to revolutionize the global real estate market for decades to come.

💎Key applications of blockchain to real estate include instant land transfer, legal simplification, and democratization of property rights through crowdfunding, to name but a few. The main use cases are described below.

Use cases:

⚡️Transaction processing and record keeping
⚡️Securitization of tokens
⚡️Efficient transfer of ownership rights
⚡️Commercial real estate exchanges
⚡️Standardization of information about the properties of an object or transaction terms

🔵We will analyze the blockchain use cases in real estate in more detail later.

⏺News digest December 08, 2022

⭐️Binance Liabilities 101% Reserved, According to Mazars Audit

⭐️China begins phasing out Zero Covid-19 policy

⭐️Alameda invests $25M in lettuce company

⭐️Sam Bankman-Fried hires a personal lawyer

⭐️Ethereum developers have decided to add withdrawals from staking in the next Shanghai update. Possibly as early as March

⭐️Telegram launched the sale of anonymous accounts without being tied to a phone number

Blockchain and real estate. Transaction processing and record keeping

🟣 The revolution in online payments and money transfers was one of the first and most prominent use cases for blockchain in the real estate sector.

⚡️ It perfectly fits for real estate, where the core strengths of blockchain can be used to process transactions worth billions of dollars, which change hands every day in the commercial and residential real estate markets.

🛡 The secure nature of the technology allows for direct transactions between sellers and buyers without the need for a regulator to verify the validity of such transactions.

🏋️ The process can be further enhanced by implementing smart contracts that ensure that a transaction between a seller and a buyer is only executed if certain conditions are met.

🔷 The use of Relictum Blockchain largely cuts financial costs and speeds up transactions.

➡️ Presentation of Relictum Blockchain and real estate market.

⏺News digest December 09, 2022

⭐️Media: SEC digs under Coinbase and American divisions of Binance and FTX

⭐️The EU will oblige crypto-exchanges to transfer customer data to the tax

⭐️ECB proposes to ban tokens with 'excessive environmental footprint'

⭐️Japanese authorities plan to ban algorithmic stablecoins

⭐️Coinbase CEO Expects 50% Drop in Revenue

⭐️Bloomberg: Custodial clients of bankrupt Celsius can take $43.87 million. And the rest were not so lucky

Blockchain and real estate. Land registries

⌨️Access to land registries in most countries and regional governments has historically been restricted, because much of the information is stored offline.

💻Blockchain registries can speed up the typically lengthy process of recording and transferring rights while securing transparency and eliminating the need to trust a centralized party.

🔎For example, the current ledger of transactions in Relictum Blockchain secures transparency in asset ownership and control, which allows to eliminate ownership disputes.

🧑‍💻Of course, all the data needs to be verified before it is entered into the blockchain ledger, but once it is recorded, there is a better guarantee of ownership based on an immutable record of the transaction.

🌐Many governments are already taking efforts to migrate their land registries to blockchain networks and thus secure ways to store and easily access ownership right records.

🔷The use of Relictum Blockchain largely cuts financial costs and speeds up transactions.

➡️Presentation of Relictum Blockchain and real estate market.

⏺News digest December 12, 2022

⭐️Elon Musk: it will not be a problem to introduce crypto-payments on Twitter

⭐️Europe will soon launch the first fully regulated and licensed EUROe-pegged stablecoin

⭐️Trading volumes on decentralized crypto exchanges have grown significantly amid the collapse of FTX

⭐️The degree of capitulation in the market has reached historical record sizes and extremes, which historically coincided with the formation of a bottom in BTC

⭐️Starting December 15, ByBit crypto exchange will introduce restrictions for users without KYC

⭐️In Russia, they began to identify illegal miners in residential buildings. It learned to do this by the volume of energy consumption and changing the load profile

🔷 #RelictumDev. Relictum DEX Update

Dear Relictum Blockchain Community,

🔅 We are releasing a Relictum DEX update, which involves security improvements and implementation of platform scaling tools.

📱 The updated DEX is currently being prepared for testing. After that, it will be available on the mainnet.

⏺ Follow the news to stay up to date with the latest Relictum Blockchain events!

Blockchain and real estate. Marketplaces with token support

🟡Tokenization can offer more opportunities than ensuring the distribution of financial and data flows.

⚡️It can also help create more liquid and transparent commercial real estate exchanges. Such exchanges would improve trading opportunities, ownership, and management of real estate and investment portfolios.

🏠A problem arises in case of investing in shares of property, because it is very difficult to sell such a share. Blockchain technology can solve this problem the most efficiently through the tokenization of assets, as the process of the token liquidation is much simpler and cheaper.

🔝A regulated real estate market based on blockchain could allow investors to trade their assets (tokens) more easily.

🔷The use of Relictum Blockchain largely cuts financial costs and speeds up transactions.

➡️Presentation of Relictum Blockchain and real estate market.

⏺News digest December 13, 2022

⭐️China showed a digital yuan with a reset function if it did not have time to spend money within the allotted time

⭐️USDD stablecoin from TRON again lost its peg to the dollar

⭐️Fraudsters offer services for the withdrawal of cryptocurrency from accounts blocked on exchanges with a commission of 35% -85%. But more often they take 100% 🚨

⭐️US authorities have opened criminal cases against Bankman-Freed, and the Bahamas intend to extradite him as soon as US officials demand it.

⭐️The VK NFT service launched on Monday for transferring NFTs to the social network is already working with the Ethereum and Polygon blockchain platforms, and will work with the TON blockchain platform next year

⭐️The Financial Stability Board (FSB) will take action to regulate the crypto industry in early 2023. FSB Ready for Rapid Implementation of Global Crypto Standards

Blockchain and real estate. Standardized data about property

⛔️The current global ecosystem consists of multiple isolated and disparate real estate information networks with little to no interoperability among them and other systems.

🔎While access to data about property is essential for selling or renting, agents and firms have to struggle to access information about property through a range of domestic systems, as well as external services at the local, regional, national, and international levels.

🛡Blockchain technology allows processing, exchanging, and controlling the data flow — thus, independent and even competing parties can share real estate information with each other without ever transferring ownership or control of their data to any central authority.

🔷The use of Relictum Blockchain largely cuts financial costs and speeds up transactions.

➡️ Presentation of Relictum Blockchain and real estate market.

⏺News digest December 14, 2022

⭐️G20 promises tough regulation of cryptocurrencies next year

⭐️Relictum DEX is preparing for an update that includes security improvements and the implementation of platform scaling tools

⭐️Canadian authorities have strengthened supervision over crypto exchanges and introduced a ban on margin trading

⭐️Annual inflation in the US slowed to 7.1%

⭐️Relictum offers to use Relictum Wallet to everyone who is afraid to store funds on exchanges

⭐️Coinbase received 12,320 police requests in a year

🟣 Relictum Blockchain at the AIBC Summit. Video report

⚡️ Relictum Blockchain attended the AIBC summit among 6000+ participant on November 15-18 in Malta representing the power of Blockchain technology.

💬 Alexander Strigin and Roman Cherkashin appeared at the main stage of the summit as speakers and panel discussion experts on November 17.

💥The summit was attended by leading representatives of the world of cryptocurrencies, blockchain, Web3, NFT, decentralized finance, economics, investment, and venture capital, as well as many others who were interested in the Relictum technology

Watch the video:
https://youtu.be/YLJ0VpYvpv0

👉 Relictum Blockchain – touch the future today!

⏺News digest December 15, 2022

⭐️FTX kept private keys from wallets without encryption, and Alameda Research had free access to liquidity on the exchange and priority in trading

⭐️Relictum Blockchain published a video report on attending the AIBC Summit

⭐️From January 1, Turkey introduces a 2% tax on accommodation services for tourists

⭐️US users will be able to fund MetaMask via PayPal

⭐️The US Federal Reserve raised interest rates by 0.5%

🔷 #RelictumDev. The fee for the wrapped coins exchange is cut 10 times

Dear Relictum Blockchain Community,

🔥The fee for the reverse exchange of wrapped coins in the Relictum Node mainnet has been reduced from 2% to 0.2%.

Advantages of using wrapped coins:

🔹No transaction fees
🔹Instant transactions
🔹Reliability and security of using Relictum Blockchain

Remember that the minimum amount for the exchange is:

📶to rBTC – 0.0001 BTC
🔹to rETH – 0.0125 ETH
🪙to rLTC – 0.2 LTC

How to wrap BTC, ETH, and LTC in Relictum Blockchain:
➡️ Video manual

⏺News digest December 16, 2022

⭐️Crypto exchange Gemini reported a leak of user data

⭐️Trump's "important announcement" turned out to be an ad for a 45-picture NFT collection. Each image costs $99. The buyer who bought the complete collection will be invited to dinner at the Trump estate in Florida.

⭐️The Relictum Node main network reduced the fee for the reverse exchange of wrapped coins: from 2% to 0.2%

⭐️Glassnode: over 88% of BTC supply is currently off exchanges = 3 year max

⭐️FTX asks court for permission to sell four of its "healthy" businesses, including LedgerX

⏺News digest December 19, 2022

⭐️Relictum Blockchain CEO Alexander Strigin said that the updated DEX is at the testing stage and will appear in the nodes in the near future

⭐️Mazars, which conducted the "audit" of Binance, stopped working with crypto exchanges and deleted all reports

⭐️The bill on the regulation of mining, which involves its legalization, declaration of income from it and payment of taxes, the State may adopt in the first reading this week, Aksakov told Izvestia

⭐️The Central Bank of Kazakhstan recommends a phased deployment of CBDC in the period from 2023 to 2025. Digital tenge will be integrated into BNB Chain

⭐️Hong Kong Stock Exchange Launches Two Cryptocurrency ETFs