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| December 12, 2018

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Reward Offered in ‘Shocking’ Abduction of African Billionaire

October 15, 2018 |

Days after Africa’s youngest billionaire was kidnapped , Mohammed Dewji’s family is offering a $ 440,000 reward for information leading to his rescue. Dewji, said to be Tanzania’s only billionaire, was taken by masked gunmen on his way into a gym in the Tanzanian city of Dar es Salaam Thursday morning….
Newser

TMZ

Demi Lovato’s Team Offered Help Weeks Before OD

July 26, 2018 |

Demi Lovato’s team tried to stage an intervention and get her help for her drug addiction, but the singer blew them off … TMZ has learned. Sources close to Demi tell us members of her team noticed she was in a bad place a few weeks ago, and even…

TMZ.com

Harvey Weinstein admits he offered ‘acting jobs in exchange for sex’ but says ‘so does everyone’

July 13, 2018 |

Harvey Weinstein is admitting for the first time that he did offer actresses’ acting jobs in exchange for sex but said he’s not the only one doing so.
FOX News

Cat seriously injured with firecracker; $500 reward offered for suspect’s arrest

July 11, 2018 |

Authorities are hunting for the person who seriously injured a cat by placing a firecracker in her rectum, officials said.
FOX News

Toys ‘R’ Us’ Geoffrey Offered a New Gig

July 4, 2018 |

With the closing of all US Toys ‘R’ Us stores, mascot Geoffrey is headed for the unemployment line. But not so fast: The San Antonio Zoo wants the defunct toy chain to shift its famous giraffe to a new gig, that of conservation ambassador for, well, giraffes. As CNN reports,…
Newser

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

May 25, 2018 |

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

Bitcoin in Brief today features a couple of announcements adding to the growing number of bitcoin cash adoptions. A luxury cryptocurrency concierge now accepts BCH for the items it offers to the crypto rich – a logical step, according to its founder. An online travel agency is introducing three new coins to its payment options, including bitcoin cash, after “a huge uptick in the number of customers requesting alternative currencies”. Also, a cold wallet for institutions hits the market soon.   

Also read: Bitcoin in Brief Thursday: Main Street Adopts Bitcoin Ahead of Wall Street

Luxury Purveyor White Now Accepts Bitcoin Cash

A US-based luxury crypto concierge service is now accepting bitcoin cash (BCH). The White Company, founded by former executive at Formula 1 and LVMH, Elizabeth White, offers high-end products and luxury brands, including fine watches and sports cars. It has become the latest business to take advantage of the benefits of BCH payments, which include substantially lower transaction fees.

This business is trying to fill the market niche for services to those rich customers who want to acquire luxurious items, like private jets, Lamborghinis, and famous artworks, in a more discreet way. That’s why the White Company accepts only cryptocurrency.

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

It all started with payments in bitcoin core (BTC), litecoin (LTC) and ethereum (ETH). However, the exponential growth of the business, of crypto wealth, in general, and the growing popularity of bitcoin cash, in particular, have led to the introduction of BCH payments. It comes as a recognition of the lower transaction fees and faster processing times of the bitcoin cash network, in comparison to legacy cryptocurrencies. The New York headquartered company has also decided to discontinue the LTC option.

Noting that “trust is vital in this space,” Elizabeth White was quoted as saying: “I have watched with interest both the growth and the early-adopters of bitcoin cash and I can see that the White Company and BCH are natural partners.” And, according to a corporate press release, the partnership represents a logical next step for the development of the business.

Cheapair Introduces Payments in Three Cryptos, including BCH

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin CashOnline travel agency Cheapair.com has also announced it is now accepting bitcoin cash for booking flights and hotels. “It’s official!” the California-based company said in a post on Twitter, confirming it has added BCH to the available payment options, along with two other cryptocurrencies – litecoin (LTC) and dash (DASH). “Help us spread the word #cryptocurrency fans!” tweeted the agency, which also accepts bitcoin core (BTC).

According to Cheapair, the list of the supported cryptocurrencies has been expanded in response to customer demand. The company noted the development of a number of new cryptocurrencies aimed at avoiding some of the challenges that have emerged with BTC, whose network has previously been stressed by higher transaction volumes. In different ways, bitcoin cash, litecoin and dash all promise improved transaction potential over their predecessor, being either faster or with lower fees attached, Cheapair explained.

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash

“Our cryptocurrency customers tend to be very vocal about what they want, something we appreciate very much. Over the last six months, we’ve seen a huge uptick in the number of customers requesting alternative currencies, so we’ve worked hard to integrate the three that were most requested,” Cheapair CEO Jeff Klee commented.

Klee added that the company has already streamlined the process of converting the accepted cryptocurrency to fiat money, which is then paid to airline and hotel suppliers. “That made adding litecoin, bitcoin cash, and dash a relatively minor endeavor for our development team, but a huge benefit for our crypto customers,” he said.

Bitun Releases Cold Wallet for Institutions

Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin CashAn enterprise-level cryptocurrency cold wallet hardware has been displayed at the 2018 Global Summit in Japan this week. Developers at Bitun, a private bank of blockchain assets, claim that their product is different from any traditional cold wallet. It is completely isolated from the internet and employs a military anti-corrosion technique. The hardware CPU adopts the Secure Boot and Efuse mechanisms, combined with data encryption chips, they said.

The security level is recognized by licensed exchanges, according to a PRnewswire report, quoting Bitun representatives. The cold wallet also incorporates technologies such as NFC, face and iris recognition, and it’s verified simultaneously with the smart authorized device for signature. The user can also complete the multi-level approval in the signature process on the mobile hotspot APP. The official release of Bitun’s cryptocurrency cold wallet is scheduled for July this year.

What are your thoughts on the stories in today’s edition of Bitcoin in Brief? Let us know in the comments section below.


Images courtesy of Shutterstock, Bitun.


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The post Bitcoin in Brief Friday: Luxury Jets, Cheap Air Tickets Now Offered for Bitcoin Cash appeared first on Bitcoin News.

Bitcoin News

Gina Haspel Offered to Withdraw Nomination to Top CIA Job

May 6, 2018 |

Gina Haspel , President Donald Trump’s nominee to lead the Central Intelligence Agency, offered to withdraw her nomination amid concerns that a debate over a harsh interrogation program would tarnish her reputation and that of the CIA. That’s according to two senior administration officials speaking on condition of anonymity to discuss…
Newser

TMZ

Deontay Wilder Says He Offered Anthony Joshua $50 Million To Fight

April 26, 2018 |

Deontay Wilder tells TMZ Sports he’s offered CRAZY money to Anthony Joshua to make their mega-fight happen, and if Joshua passes, it’s proof the Englishman is a COWARD. Joshua had previously said he’d have no problem fighting Wilder for $ 50 million…

TMZ.com

According to the numbers, the nation’s airlines offered better service last year

April 15, 2018 |

Grouse all you want about cramped airline seats and the increasing fees for everything from snacks to onboard movies, but the longest-running study on airline quality in the U.S. gave the nation’s biggest carriers the highest score in the 27-year history of the study, which is based on other measures.


L.A. Times – Business

TMZ

Lorde Not Performing at Grammys Because She Wasn’t Offered Solo Spot

January 28, 2018 |

Lorde is now the second nominee out of 5 for Album of the Year who won’t be performing at the ‘Grammys’ Sunday, and it’s all because the offer she got from producers was a slap in the face … TMZ has learned. Sources close to Lorde tell us … the…

TMZ.com