Nifty News: PROOF cancels NFT conference, Bitcoin meme creator cashes in $150K and more

The conference known as “Proof of Conference” was slated to run in May has been canceled due to “less interest than anticipated,” according to co-founder Kevin Rose.

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China’s Real Estate Giant Evergrande Narrowly Dodges Default for Third Time in 30 Days

China's Real Estate Giant Evergrande Narrowly Dodges Default for the Third Time in 30 DaysIn mid-September China’s Evergrande Group, the country’s second-largest property developer by sales, sparked fear in the global economy as the company’s market valuation plummeted to an 11-year low. Global economists have warned that if Evergrande defaults on its debts, it could start a credit contagion similar to the Lehman Brothers bankruptcy in 2007. So far, […]

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US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in Value

US Real Estate Market Crisis: 4.3 Million Mortgage Delinquencies, Commercial Properties Sink in ValueThe U.S. economy continues to look bleak as the American citizens and small businesses nationwide struggle to keep up with the government’s rules toward Covid-19 guidelines. In just 13 weeks, over 45 million Americans filed for unemployment benefits and many citizens cannot pay their mortgages. Numbers stemming from last month’s property data indicates that about […]

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