No Elon is not giving away Bitcoin, but he is getting high

“psssst hey man, Elon musk here. You want some free bitcoin..No? How bout some Ethereum, I got the good stuff..none of that ETC crap. All you gotta do is send is send me BTC and I’ll send you back more”…….

You gotta hand it to hackers, they are creative. According to reports, hackers involved in the Elon Musk crypto scam have made a comeback. This time, however, they are using spoof version of popular websites. This is a well planned and executed attack so be sure you are on the look out. And if Donald Trump reaches out to you offering Bitcoin, cordially tell him to eff off.

The overall cryptocurrency market only lightly power bombed us dropping from $131bln to $125bln representing a single digit drop of 5% in the past week. Look at what we’ve come to my friends, finding relief in single digit drops. /sigh

For a more detailed price analysis check out our weekly piece Cryptocurrency markets weekly analysis.

WHAT’S NEW AT CRYPTO IS COMING

When to Buy Bitcoin: A Guide to Stacking Satoshis – When it comes to investing in Bitcoin, there are a couple of popular strategies to follow. In the end, you may find that a combination works best for you.

Leading Indian Business School Uses Blockchain For Certificates – A leading Indian business school has issued over 1,000 certificates to students using blockchain technology. The certificates are live on the Ethereum blockchain, for authentication for prospective employers or other organizations.

Elon Musk Hackers Are Back With A Different Scam Strategy – Hackers are using spoof version of popular websites to show pop up ads that are claiming to give free Bitcoin and Ethereum.

Ohio Loves Bitcoin And Blockchain – Startup invests millions into blockchain – Ohio startup accelerators seek to attract blockchain companies by offering millions in funds, hoping that it will revitalize neighborhoods that need it the most.

Interview With Cryptocurrency Analyst Murad Mahmudov – To get a unique, expert insight into the current state of the cryptocurrency space, CryptoIsComing spoke to Princeton graduate Murad Mahmudov, a cryptocurrency analyst, economist, and angel investor working in crypto.

ICO Venture, Evion, shut down by Swiss Court – The cantonal court of Zug Switzerland has shut down cryptocurrency mining firm Envion AG for an allegedly floating an unauthorized Initial Coin Offering (ICO).

Andreessen Horowitz-backed Harbor Launches Tokenized Securities Platform With $20M Sale – Recently, Harbor, a blockchain startup focused on tokenizing securities, such as real estate, fine art or private equity, launched its initial offering – the sale of a $20 million students dorm near the University of South Carolina.

Hardware Wallet Review: Trezor Model T vs Nano Ledger S – You really can’t be too careful when it comes to storing cryptocurrencies. One of the main ideas behind the crypto movement is individual financial freedom and responsibility. Of course, freedom and responsibility are a two-way street, aren’t they?

CRYPTOCURRENCY NEWS FROM AROUND THE INTERNET

Bitcoin is down more than 80% from last year’s high, nearing its worst-ever bear market – O’ Rly? The last time we had a crypto winter like this? 2010.

Nasdaq Plans to Pursue Bitcoin Futures Despite Plunging Prices, Sources Say – Nasdaq Inc. is moving ahead with a plan to list Bitcoin futures, according to two people familiar with the matter, betting on sustained interest despite the cryptocurrency’s dramatic plunge over the past year.

Behind Coinbase’s quiet roll-out of OTC crypto trading this month – Bet ya didn’t see that coming. Me neither.

Crypto Exchange Giant Binance Creates Combined Stablecoin Market – Binance, which is the top exchange by volume – doing nearly twice the 24-hour volume of its nearest competitor at time of writing – has announced that it is creating a new unified stablecoin market.

SEC Fines Floyd Mayweather And DJ Khaled For Illegally Promoting A Fraudulent ICO – The SEC has fined two celebrities for failing to disclose payments they received for promoting initial coin offerings (ICOs).

American Tech Giant Intel Files New Patent for Energy-Efficient Bitcoin Mining – U.S. technology giant Intel has filed a new patent for “energy-efficient high-performance Bitcoin mining,” according to a U.S. Patent and Trademark Office (USPTO) filing published Nov. 27.

r/Bitcoin reaches 1 million subscribers on Reddit – Now if only we could get 5,000 newsletter subscribers…mmmmmmm

Homeland Security Wants to Track Your Privacy Coins – The effing feds. Am i rite? The U.S. Department of Homeland Security wants to know whether there is a way to track privacy coins that could be used for criminal activity.

Binance’s future plan: Binance Chain that hosts millions token creation – Binance’s CEO, Chang Peng Zhao, or more familiar as CZ revealed his company future plans to support the development of blockchain technology.

Thanks for joining us this week! If you have something interesting you would like to submit reach out to us at info@cryptoiscoming.com. And don’t forget, Crypto is Coming!

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Recently, Harbor, a blockchain startup focused on tokenizing securities, such as real estate, fine art or private equity, launched its initial offering – the sale of a $20 million students dorm near the University of South Carolina. According to the company, the property will be split into 955 tokens valued at $21,000 each, for a total of $20 million.

New Age for Private Securities Investments

It is undeniable that it is profitable to invest in real estate, as well as others illiquid assets, such as company equity, investment funds, or fine art. Unfortunately, there are no easy ways to make money, and this isn’t an exception. Investing in real-estate might sound easy at first, but that quickly changes. Some even say that investing in real-estate is harder than in stocks and they would be right — the mountains of paperwork required are just mindboggling.

The other downside is that even if you do manage to get through the tedious process successfully, you will most likely end up selling it for less than its actual value. According to some researchers, illiquid assets are estimated to get about a 20–25% reduction to their value. But what exactly are illiquid assets?

To put it simply, “illiquid refers to the state of a security or other asset that cannot easily be sold or exchanged for cash without a substantial loss in value.” This is usually due to the lack of willing buyers for the given asset.

Tokenizing Securities

The issue with tokenizing securities is that it takes a lot of work to comply with their regulations. To help with the tedious processes and solve the illiquidity issues of those assets, Harbor is building a protocol that ensures each token transaction complies with the securities laws all over the world.

Joshua Stein, the chief executive officer of Harbor, said that “At any given moment we can tell the issuer the exact person or entity who owns what and when.” Since this is required by law, the company demands new customers to go through a “know your customer,” or KYC process. Besides that, setting up an account on their platform is as easy as opening up a brokerage account.

Stein believes that the “Tokenization of private securities can bring liquidity to trillions of dollars of traditionally illiquid assets.”

The Mega-Dorm You’ve Probably Never Dreamt Of

The building, owned by Convexity Properties, is a 14-story complex that has “world-class amenities,” or at least that how it is described on the website. The rooftop of the build is complemented with a pool, a hot tub, and a 2,200 square foot fitness center.

With the initial sale of Harbor, the property owner intends to raise a minimum of $15 million. On the company’s platform, investors will be able to exchange USD, Bitcoin, and Ethereum for the tokenized securities.

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Interested in other cool crypto content? Check out OTC volume included in VanEck ETF and ICO teams paying for “fake” volume!

The Raven's Dispatch

Tag: Andreessen Horowitz

The Raven’s Dispatch – Elon Musk hackers strike again – Dec 4, 2018

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