Bitcoin whitepaper turns 11 years old
On October 31, the Bitcoin Whitepaper turns 11 years old. The protocol presented by the mysterious Satoshi Nakamoto is a secure cryptographic system based on a Proof-of-Work algorithm.
Since the creation of the first block on the Bitcoin blockchain on January 3, 2009 – known as the “genesis block” – miners have achieved combined revenues of approximately $ 15 billion.
The first trading price recorded by Bitcoin was noted on March 17, 2010, on the bitcoinmarket.com platform, at a value of $ 0.003.
Currently, Bitcoin is trading at $ 9,100, representing a price increase of 304,033,233%.
tZERO and Tezos tokenize real estate worth 500 million pounds
Secure token platform tZERO a announced a partnership with the Tezos Foundation to tokenize real estate worth 500 million pounds. The project is being carried out in collaboration with the British company Alliance Investments and the consulting firm Megalodon.
The Tezos Protocol will be the foundation for “implementation, transfer and storage of digital assets and smart contracts”. These will subsequently be sold on the secondary markets offered by the SEC Trading Securities alternative trading platform.
The companies have announced they plan to tokenize more real estate in the coming years, which includes residential, commercial and hotel projects.
Binance adds fiat-crypto trading pairs with the Russian ruble
The Binance exchange added support for the Russian ruble to facilitate fiat-crypto trading on its platform. Binance users can deposit and withdraw rubles, as well as buy bitcoin (BTC), ether (ETH) and XRP cryptocurrencies with fiat currency.
How to trade on Binance?
Ruble support is provided through the Gibraltar-based AdvCash electronic payment platform.
AdvCash charges a fee of 3% for each deposit and 2.5% plus 50 rubles for each withdrawal. The company claims it offers “faster” and “cheaper” payments than conventional money transfers from a regular bank account, according to its website.
Bitmain submits documents for an IPO in the US
According to confidential information obtained by the Tencent news agency, Bitmain Technologies has confidentially submitted an initial public offering (IPO) in the US.
The mining hardware manufacturer allegedly filed the documents with the SEC at the same time as Canaan Creative, but did not officially release the information. Apparently, the IPO is sponsored by Deutsche Bank, but no information has been offered about the amount the company wants to collect.
This would be Bitmain’s second IPO attempt, after last year’s previous attempt in Hong Kong expired in March 2019.
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