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Macau hotel rips up its trademark gold bricks from lobby, sells for US$13 million
hongkongfphace 61d

Macau hotel rips up its trademark gold bricks from lobby, sells for US$13 million

The Grand Emperor Hotel in Macau said it had ripped up the real gold bricks from its distinctive lobby floor and sold them for around US$13 million, cashing in on the metal’s market surge. Opened in 2006 in the semi-autonomous casino city, the hotel was known for its opulent “golden pathway”, showcasing dozens of one-kilogram [...]

#COMMODITIES#ECONOMY
Choose your crisis, Congress: Six paths to fiscal disaster
tdtnewshace 61d

Choose your crisis, Congress: Six paths to fiscal disaster

As the national debt is a few months from reaching $39 trillion, and perhaps $40 trillion by the end of this year, it is puzzling how unperturbed the political class is. Or perhaps not. Writer and political agitator Upton Sinclair...

#ECONOMY
Bithumb Accidentally Sends 2,000 BTC-Users Instantly Dump the Market
platodatahace 61d

Bithumb Accidentally Sends 2,000 BTC-Users Instantly Dump the Market

Bithumb mistakenly credited 2,000 BTC to users instead of a small reward, triggering rapid sell-offs and a sharp price drop on the exchange. A reported internal error at South Korea-based crypto exchange Bithumb led to an unexpected market disruption after users received Bitcoin by mistake. Instead of a small rewards payout, the exchange reportedly distributed [...]

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Boards of PFC, REC give nod to merger
toihace 61d

Boards of PFC, REC give nod to merger

The boards of Power Finance Corporation (PFC) and REC have given in-principle approval for their merger, aiming to strengthen the public sector NBFC structure. This move follows Finance Minister Nirmala Sitharaman's Budget announcement to restructure these entities for improved efficiency and scale. The combined entity will retain its status as a government company.

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Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk
bitcoinworldhace 61d

Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk

BitcoinWorldBitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off RiskNew data reveals a critical juncture for Bitcoin’s infrastructure. According to Marathon Digital Holdings’ Q3 2025 report, the average cost to mine a single Bitcoin reached approximately $67,704. This development creates substantial pressure on network security and market stability. Consequently, industry analysts now warn of potential sell-off risks that could impact the broader cryptocurrency ecosystem. [...]This post Bitcoin Mining Costs Hit Alarming $67.7K in Q3 2025, Creating Critical Sell-Off Risk first appeared on BitcoinWorld.

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India and US Forge Path with New Interim Trade Agreement
devdiscoursehace 61d

India and US Forge Path with New Interim Trade Agreement

India and the United States announced a significant breakthrough in trade relations forming a framework for an interim trade agreement that safeguards sensitive agricultural and dairy products in India while reducing US tariffs on Indian goods from 50 to 18

#ECONOMY