WESTBURY INVESTMENTS Makes History

Westbury Investments makes history, becoming the first ever real estate & property investments company to accept cryptocurrency

Investors and buyers will now be able to buy or invest in Real Estate & Properties using the digital currency.

London based Real Estate Investments company broke new ground this week by becoming the first ever Property & Real Estate Investments company to accept Cryptocurrency for investments in real estate.  Westbury Investments will now allow its investors and buyers to use digital currency as a mode of payment for buying properties in Dubai UAE for its ongoing projects in partnership with Dubai’s award winning & most emerging developer Samana Developers.

Westbury Investments move is a big boon to Cryptocurrency and Blockchain legitimacy. It also galvanizes Westbury’s reputation as a Real Estate Fintech pioneer.

With the aggressive emergence of innovative and reputable Blockchain platforms, UK has established itself as a major Fintech and Blockchain hub in Europe.

The new benchmark has been set by Westbury Investments and Samana Developers, taking advantage of a more secured and decentralised mode of payment, compared to the existing traditional methods, where initiating an international payment often involves the participation and involvement of multiple intermediaries and a complex system of procedures that results in long waiting times and expensive intermediary transaction fees.

The transparent and secure nature of the Blockchain makes it an incredibly effective solution in carrying out transactions of this nature. With analysts believing, that acceptance of digital currency as a mode of payment will become common practice in the near future for similar high net worth Real Estate & Property Investment transactions worldwide.

Westbury Investments in partnership with Samana Developers recently launched “SAMANA GREENS”, Dubai’s new upmarket master community. An affordable Dubai dream, located in the heart of Arjan within Dubailand which is also a prime location for Dubai Expo 2020. 30% of the Apartments were sold before the pre-launch due to an increasing demand from Investors around the world to invest in Dubai. According to the report issued by DLD’s Department of Real Estates Studies and Research, Q1 2018 saw a total of 9,092 sales transaction worth about $5.2 billion, 3,717 mortgage transactions worth over $8.3 billion, and 950 other transactions valued at $2.3 billion.

“Many people around the world have invested in cryptocurrencies, and a lot of these people are also the regular investors in the real estate and properties, So it makes sense to offer a digital currency as a mode of payment for property buying and investments providing utility to existing cryptocurrencies.”, said Asim Bhutto – Chairman Westbury Investments.

Asim Bhutto further added,  that reputable exchanges & digital currency wallet platforms which follow KYC and AML regulations, would handle the transactions at the time of payment.

Providing utility to digital currencies is a feather in the cap for United Kingdom, where Westbury Investments is headquartered, which is very quickly becoming recognized as the fintech capital of the world.

Imran Farooq, CEO of Samana Group of Companies, said: “As a developer with a futuristic vision, Samana Greens will be based on green building concepts. It is befitting to help the customers to give the freedom to choose their preferred mode of payments be it traditional payment methods or cryptocurrency which is gaining popularity every day.

Hasnain Bayar of Boom Media Network, PR and Marketing specialist in the Real Estate & Digital Currency sector who advised Westbury Investments officials to accept Cryptocurrency, is optimistic about the move. He asserts that accepting Cryptocurrency will give Westbury Investments a competitive advantage in the Dubai Real Estate & Property market, as investors in Cryptocurrency would be able to utilise their digital currency with this added utility.

Asim Bhutto is very optimistic about this innovative initiative and said, “With everything related to Westbury Investments & Cryptocurrencies , there is lot more yet to come”, Westbury Investments will be introducing similar mode of payments via digital currencies for its UK based Real Estate and Property projects, allowing both UK based and Overseas Investors to Invest in UK Real Estate market using the cryptocurrency.

About Westbury Investments

Westbury Investments is an independent Global investment management company with main focus to provide global coverage to our clients focusing on smart investment model to ensure long-term success. Headquartered in the heart of London, Westbury Investments specialises in offering a unique, bespoke service, matching carefully the needs of each individual client.

Visit: www.westbuyrinvestments.com

For all press & media inquires:

Please feel free to write to us:  (Kindly email the published links as well)

P: 0044 7907 969 754
hasnainbayar@gmail.com

Europe’s new tech ‘unicorn’ Revolut adds support for Bitcoin Cash

Europe’s new tech ‘unicorn’ Revolut adds support for Bitcoin Cash, Ripple

London-based alternative banking app Revolut’s plans to move forward in the cryptocurrency got a major boost, after the European company announced that it has secured a major injection of capital. With the new funding, Revolut said it will expand into other markets and introduce trading in Bitcoin Cash (BCH) and Ripple (XRP) on its cryptocurrency platform.

In a blog post, Revolut said it has raised a Series C investment round of $250 million, putting the company’s total valuation at $1.7 billion. This, according to the company, makes Revolut “one of the fastest companies in Europe to reach unicorn status.”

Revolut’s latest funding round was led by the Hong Kong-based DST Global, with Index Ventures and Ribbit Capital also taking part. This is incredible growth for the startup that was founded in July 2015, offering services such as prepaid debit cards (VISA or Mastercard), a fiat currency exchange, peer-to-peer payments, personal loans, remittances, travel insurance as well as international money transfers.

Revolut celebrated its new financing by adding support to two new cryptucrrencies on its Revolut Crypto platform: Bitcoin Cash and XRP.

“We’re extremely proud to announce that we will be adding Ripple (XRP) and Bitcoin Cash (BCH), alongside the current Bitcoin (BTC), Litecoin (LTC) and Ether (ETH),” the company said in a statement.

With fresh funding on hand, Revolut is also looking at expanding its workforce considerably over the next few months. The London startup is embarking on a hiring spree for developers and designers to help its plan “to scale the company globally.” Revolut plans to launch in the United States, Canada, Singapore, Hong Kong, Australia, and New Zealand this year.

At the moment, there are over 100,000 people who have signed up to Revolut’s waiting list, the company stated. The startup also has plans to add a new securities investment-based service in the pipeline.

“Revolut Wealth will be our next milestone, as we expand our services to allow our users to invest their funds into stocks, indexes and exchange traded funds (ETFs), alongside a variety of other financial instruments,” according to the company.

Note: Tokens on the Bitcoin Core (segwit) Chain are referred to as BTC coins. Bitcoin Cash (BCH) is today the only Bitcoin implementation that follows Satoshi Nakamoto’s original whitepaper for Peer to Peer Electronic Cash. Bitcoin BCH is the only major public blockchain that maintains the original vision for Bitcoin as fast, frictionless, electronic cash.
Couple behind $17M BTC investment scam in the Philippines arrested

Couple behind $17M BTC investment scam in the Philippines arrested

Philippine authorities arrested a couple accused of using the popularity of cryptocurrencies like Bitcoin to scam dozens of would-be investors in the country, local media outlets reported.

The couple, Arnel and Leonay Ordonio, allegedly scammed 50 people into investing in SegWit-Coin BTC (otherwise known as Bitcoin Legacy or Core) in 2017. Police said the Ordonios convinced their victims to invest in a company called “NewG,” promising a 30% return on their investments every 15 days. The couple amassed an estimated PHP900 million (US$17 million) from this scheme, according to police officials.

One of the victims said she had a hunch that she was being scammed when the couple started posting on social media that they will be unable to pay their investors. Philippine National Police Chief Ronald Dela Rosa told reporters the value invested in the company could rise as more victims are expected to come out of the woodwork.

The PNP’s Criminal Investigation and Detection Group has filed fraud charges against the couple, although authorities are considering upgrading Ordonios’ case to economic sabotage.

Cases of pyramid schemes continue to grow in the country with many people falling into these traps.The proprietors of the scheme gave investors an opportunity to create an “upline system”that promised huge returns.In these cases, investors were required to bring in other people in order to create ‘down lines’ and, in the process, increase their commission.

Countries like India, China, Japan, Australia among others have their own share of these fraudulent activities. Despite the efforts taken by authorities to curb these criminal activities, many investors end up losing their hard-earned money. From using celebrities photos to creating lucrative upline systems, criminals are working hard to earn from the cryptocurrency market.

However, efforts by the authorities around to have cryptocurrency regulated are not in vain. Unlike before,people are better informed on cryptocurrency and other blockchain-related activities and there are clearer regulations governing cryptocurrencies around the world, making it easier to bring scammers like the Ordonios to justice.

Note: Tokens in the SegWit chain are referred to as SegWit-Coin BTC (inaccurately called Bitcoin Legacy or Core by many) and SegWit Gold (SWG) and are no longer Bitcoin. Bitcoin Cash (BCH) is the only true Bitcoin as intended by the original Satoshi white paper.  Bitcoin BCH is the only public block chain that offers safe and cheap microtransactions.
More people turn to cryptocurrency investments

More people turn to cryptocurrency investments, deVere poll finds

A poll conducted recently by the deVere Group showed an interesting fact: More and more, people are turning to cryptocurrencies for investments and to expand their portfolios.

The survey carried out by deVere Group proved that cryptocurrency investments, as opposed to fiat investments, are becoming the go-to solution, a trend that will more than likely continue as cryptocurrencies gain more favor and the market becomes more stable.

In response to the question, “Would you consider, or are you considering, including at least one cryptocurrency into your investment portfolio?” 62% of people who have no current involvement in the market responded affirmatively, while only 26% said no. 12% said that they hadn’t made a decision.

When those that already own some stake in crypto were asked how they would be approaching investments this year, 71% said they will consider increasing the amounts while 25% said they wouldn’t. 4% of those polled indicated that they weren’t sure how they were going to proceed.

The 60% positive response for investments is a staggering number, according to deVere’s CEO Nigel Green.

“It underscores how, despite what many financial traditionalists have opined, that a majority of investors are now open to consider the opportunities that the likes of Bitcoin, Ethereum and Ripple could present,” Green said. While cryptocurrency investments are still subject to a high amount of volatility, there is a definite trend in the market that is moving toward more cryptocurrency trading.

Green added, “An increasing general awareness of cryptocurrencies and how they work, plus a growing sense that cryptocurrency regulation is now inevitable, are perhaps the main reasons why such a high percentage of people are now open to looking at the possibilities of crypto for their portfolios.”

By the end of 2017, the global volume of cryptocurrency markets had surpassed $50 billion. This was close to the average daily volume seen on the New York Stock Exchange (NYSE). Given cryptocurrency’s relatively short life compared to the history of the NYSE, the figures show exactly how popular digital currencies have become.

The deVere Group was founded in 2002 and is a global independent financial consulting firm. The survey was given to 800 deVere clients from virtually every corner of the globe—the UK, Australia, the US, Switzerland, Hong Kong and South Africa are just some of the countries involved. The company currently controls more than $10 billion in portfolios and has over 80,000 clients around the world.

Note: Tokens in the SegWit chain are referred to as SegWit1X (BTC) and SegWit Gold (SWG) and are no longer Bitcoin. Bitcoin Cash (BCH) is the only true  Bitcoin as intended by the original Satoshi white paper.  Bitcoin BCH is the only public block chain that offers safe and cheap microtransactions.

Warning: phishing scams are stepping up their game

Google search results are being manipulated and fake websites are looking more and more like the legitimate ones.

As blockchain technology strides forward, it has not been spared of malicious, opportunistic entities looking to make quick bucks off investors. The cryptocurrency industry is particularly attractive—with users getting more active in online trading and storing their money in web exchanges, the potential incentives become worthwhile for predators. Initial coin offering (ICO) websites, trading platforms, exchanges, and online wallets are a primary target.

While there is a huge amount of money in the industry, security measures are also sophisticated, and its patrons are (somewhat) wiser. As such, stealing from tight defences requires equally sophisticated swindles—and this is exactly what scammers are on to.

A few months ago, crypto-investment platform Enigma’s followers were duped of 1,492 ETH (then amounting to close to $500,000) before the company launched their ICO after scammers spread Slack messages urging investors to visit a decoy website. Several users have lost money to phishing websites—sites that look like legitimate websites but are actually fake. If you use your credentials to log in through these scam websites, the thieves collect your password and clean out your accounts.

A report by Chainalysis outlines how rampant and utterly worrying cybercrime is, particularly on the Ethereum blockchain: “10% of Ethereum holdings marked for ICO investment lies in the hands of criminals. Chainalysis estimates that there have been approximately 30,000 victims of cybercrime on Ethereum losing on average $7,500 each.”

Much like an evolutionary adaptation race where the predator hikes up its tolerance of its prey’s defences, scammers are stepping up their game to prey on users as well. Scammers can now fiddle with Google results to put their fake website on top of search results, so they can lure people who are looking to log in to their exchange wallets. To complete their scheme, the fake website looks more and more like the legitimate ones.

As a countermeasure, it is best to verify and type in the web addresses of legitimate exchange websites and bookmarking them, instead of clicking at Google search results. To help the community out further, it is also important for users to report phishing websites to Google.

Warning: phishing scams are stepping up their game

Google search results are being manipulated and fake websites are looking more and more like the legitimate ones.

As blockchain technology strides forward, it has not been spared of malicious, opportunistic entities looking to make quick bucks off investors. The cryptocurrency industry is particularly attractive—with users getting more active in online trading and storing their money in web exchanges, the potential incentives become worthwhile for predators. Initial coin offering (ICO) websites, trading platforms, exchanges, and online wallets are a primary target.

While there is a huge amount of money in the industry, security measures are also sophisticated, and its patrons are (somewhat) wiser. As such, stealing from tight defences requires equally sophisticated swindles—and this is exactly what scammers are on to.

A few months ago, crypto-investment platform Enigma’s followers were duped of 1,492 ETH (then amounting to close to $500,000) before the company launched their ICO after scammers spread Slack messages urging investors to visit a decoy website. Several users have lost money to phishing websites—sites that look like legitimate websites but are actually fake. If you use your credentials to log in through these scam websites, the thieves collect your password and clean out your accounts.

A report by Chainalysis outlines how rampant and utterly worrying cybercrime is, particularly on the Ethereum blockchain: “10% of Ethereum holdings marked for ICO investment lies in the hands of criminals. Chainalysis estimates that there have been approximately 30,000 victims of cybercrime on Ethereum losing on average $7,500 each.”

Much like an evolutionary adaptation race where the predator hikes up its tolerance of its prey’s defences, scammers are stepping up their game to prey on users as well. Scammers can now fiddle with Google results to put their fake website on top of search results, so they can lure people who are looking to log in to their exchange wallets. To complete their scheme, the fake website looks more and more like the legitimate ones.

As a countermeasure, it is best to verify and type in the web addresses of legitimate exchange websites and bookmarking them, instead of clicking at Google search results. To help the community out further, it is also important for users to report phishing websites to Google.