Search Results for: 2010

Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M

Bitdeer, a mining company owned by Bitman co-founder Wu Jihan, spent Singapore dollars $40 million (about US$28.4 million) in July to acquire Le Freeport, the highest-security storage facility in Singapore, according to Bloomberg. Wu Jihan himself has confirmed the transaction. Formerly known as Singapore Freeport, Le Freeport is highly secure storage and display facility in Singapore. … Continue reading Crypto Miner Bitdeer Buys Storage Facility Le Freeport for $28M

Pop Culture Collectibles Firm Funko Launches Game of Thrones NFT

A medieval epic fantasy-themed TV series “Game of Thrones”, produced and launched by the American HBO TV network, launched the “Game of Thrones” series NFT on Sunday through the US fashion play giant Funko, which will be released on October 4 on the NFT platform Droppp. HBO has licensed a variety of merchandise based on … Continue reading Pop Culture Collectibles Firm Funko Launches Game of Thrones NFT

Mt.Gox Sets Jan 10 as Deadline for Creditors to Register for Compensation

There seems to be a beam of light for customers of bitcoin exchange operator Mt.Gox as a date has been set for creditors to register and choose a repayment plan for them to recover their lost funds. According to news from a Rehabilitation Trustee, Nobuaki Kobayashi, users are required to register payee information on the … Continue reading Mt.Gox Sets Jan 10 as Deadline for Creditors to Register for Compensation

The Importance of Community in Bitcoin's Success

Although Satoshi Nakamoto is credited with being the anonymous creator of Bitcoin (BTC), what frequently goes unnoticed are the altruistic contributions made by members of the Bitcoin community, such as miners, developers, designers, hodlers, and investors, which help make the original vision a reality. Nevertheless, it was discovered that one of these substantial contributions had … Continue reading The Importance of Community in Bitcoin's Success

Understanding ETH/BTC Rate – Key Factors and Price Predictions

According to CME Group report, the two dominant cryptocurrencies, Bitcoin (BTC) and Ethereum (ETH), make up over 61% of the total market capitalization of all cryptocurrencies. The connection between these two cryptoassets has been especially strong since the introduction of BTC futures in December 2017, circling around +0.85 during the last year.  When compared to … Continue reading Understanding ETH/BTC Rate – Key Factors and Price Predictions

Singapore Air Charter Embraces Cryptocurrency and Flexible Payment Options

Singapore Air Charter Pte Ltd, a prominent figure in the global aviation sector, has unveiled its modernized payment solutions, marking a significant shift towards enhancing customer experience and accessibility. This move is particularly notable as it reflects the broader trend of integrating cryptocurrency into mainstream business operations. On August 16, 2023, Singapore Air Charter announced … Continue reading Singapore Air Charter Embraces Cryptocurrency and Flexible Payment Options

The luxury fashion brands that have entered the world of cryptocurrencies

Published on: thejoue.com There are many reasons why consumers navigate towards luxury goods in ever-increasing numbers. While the hefty price tags are often enough to deter many shoppers from purchasing, others are ready to spend the extra cash for something of superior quality. During the pandemic, the uncertain economic situation caused hardship for many. A … Continue reading The luxury fashion brands that have entered the world of cryptocurrencies

Reuters: Federal Reserve Announces Job Cuts

Despite public reassurances about the robustness of the U.S. economy, the Federal Reserve is preparing to downsize its workforce, according to Reuters. The central bank has confirmed plans to eliminate approximately 300 positions by the end of this year. This decision marks the institution’s first notable personnel reduction since 2010. Currently, the Federal Reserve system, … Continue reading Reuters: Federal Reserve Announces Job Cuts

US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

The United States witnessed a significant surge in bankruptcy filings in 2023, with an overall increase of 18%, according to Reuters. This upswing has been largely attributed to the confluence of several economic factors, primarily post-pandemic economic changes and rising interest rates. Consumer bankruptcy filings mirrored this trend with an identical 18% rise, indicative of … Continue reading US Bankruptcy Filings Surge in 2023; Expected to Climb Further in 2024

Bitcoin Market Shaken as Dormant Whale Moves $67M Worth of BTC after 14 Years

A dormant Bitcoin ‘whale’ (a term used for holders of large amounts of cryptocurrency) reemerged after 14 years, transferring all 1,000 of their BTC to the popular exchange platform Coinbase. The transaction, valued at approximately $67.1 million and executed at a price of $67,116 per Bitcoin, occurred roughly 20 hours ago and is said to … Continue reading Bitcoin Market Shaken as Dormant Whale Moves $67M Worth of BTC after 14 Years

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