Moonday Mornings: New York condo sells for $15M in Bitcoin – The Next Web

Welcome to another Moonday Mornings, Hard Forks wrap-up of the weekends cryptocurrency and blockchain headlines.

Take a look at what went down.

1. Blockchain inspired dapp platform EOS is reportedly congested, according to cryptocurrency exchange desk Coinbase. In a blog article posted over the weekend, Coinbase says it has been seeing degraded performance for EOS transactions. That said, Coinbases experience is a result of the fact that it didnt stake enough CPU resources for its transactions to be processed. Coinbase addressed the issue by staking more CPU power. The cryptocurrency exchange believes issue arose as a result of increased network activity spurred on by a recent token airdrop.

2. The Internal Revenue Service has reportedly identified dozens of new cryptocurrency-using cybercriminals, Bloomberg reports. The findings come after tax authorities from the US, UK, Australia, Canada, and The Netherlands collaborated by sharing data, tools, and strategies to find potential tax evaders. A senior special agent in the IRSs Los Angeles said it the authority has developed expertise in who is moving money and where its going we have tools in place that we didnt have six months or a year ago.

3. Tunisia looks like it will be one of the first nations to issue a central bank digital currency (CBDC). Russian news agency TASS reported last week that the Central Bank of Tunisia launched a test version of its E-dinar. As you might expect, one E-dinar is worth one fiat dinar. Industry bigwigs have speculated that CBDCs are on their way, whether theyre a good thing is another question.

4. It wouldnt be another week in crypto without some high-ranking banker bashing Bitcoin, BTC this time its European Central Banks former president Jean-Claude Trichet. Speaking on Bitcoin at a conference in Beijing the ex-banker said; The cryptocurrency itself is not real, South China Morning Post reports. He is reportedly also doubtful that cryptocurrencies can ever become the future of money. I am strongly against Bitcoin, and I think we are a little complacent, he said.

And finally

5. A real estate mogul in the US has sold a condominium in New York for $15.3 million in Bitcoin, according to industry magazine The Real Deal. The buyer is reportedly a Taiwanese entity known as Affluent Silver International LLC, according to sources close to the deal. The funds were exchanged using Bitcoin payment processors Bitpay and Starr, and allegedly went without a hitch.

Well, there you have it. Another Moonday Morning done and dusted, now go get on with your week.

Published November 11, 2019 09:05 UTC

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Moonday Mornings: New York condo sells for $15M in Bitcoin - The Next Web