Thomas Cook, a 178-year-old British travel company and airline, declared bankruptcy early Monday morning, suspending operations and leaving hundreds of thousands of tourists stranded around the world.
About 600,000 Thomas Cook customers were traveling at the time of the collapse, of whom 150,000 were British, the company told CNN.
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Thomas Cook crashes leaving 600,000 customers stuck at the airport. This also puts 21,000 jobs at Risk.
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After two delays and 13 months of questions, the Intercontinental Exchange-backed bitcoin warehouse and futures contract facilitator is launching Monday, opening the door for institutional investors to take positions on the cryptocurrency in a federally regulated venue.
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All-time revenue for Bitcoin (BTC) miners has topped $14 billion, according to fresh data from Coin Metrics.
As Yahoo! Finance reported on Aug. 30, despite the massive increase in the network’s hash rate — a factor that depresses the profitability of mining — there’s still more money in the game for miners than ever before.
The report notes that as of the Bitcoin network’s inception, it took eight years for miners’ total revenue to break past the $5 billion mark; the next $5 billion were exponentially faster, taking only a further eight months for revenue to break $10 billion.
If current mining profitability remains on track, the $20 billion revenue mark will be broken sometime in early 2020.
The $14 billion figure is all the more impressive given that the network’s hash rate has been on a tear for several months now: continuing to break previous records throughout summer — with a new all-time-high posted just today, at 83.5 TH/s by press time.
A higher hash rate indicates that miners are expending record levels of computational processing power to solve and validate blocks — and pocket their rewards.
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1 535 minutes ago
Exchange rate has a significant influence on the valuations of international real estate investment. It is essential for investors to keep a close eye on the fx market
In the early hour of today, pounds inched up 0.1% to 1.2486 against the USD, driven by the report that the Britain’s Supreme Court expectation to make a ruling on parliament suspension.
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