by | Jul 23, 2025 | Business
Despite raising over £1 billion in committed capital, Therium’s aggressive bets in high‑risk cases, from the Sabah $15 billion arbitration to the Post Office scandal, have yielded paltry returns, exposing systemic vulnerabilities in the litigation funding industry.
Manila, Philippine – An investigation by
KnowSulu highlights how Therium, once a litigation funding powerhouse, is
scaling back and transferring liabilities amid mounting losses, a cautionary
tale for third‑party legal finance.
Big Capital, Bigger Risks
Therium amassed over £1 billion
in committed funding from institutional investors over the past decade. But
these “committed” sums are
long‑term investments, locked into a few protracted, high‑stakes cases,
exposing millions to single-case downfall.
Litigation Funding Mechanism Under Scrutiny
Funders back legal claims in exchange for a multiple‑of‑capital
plus a percentage of recoveries. For instance, Therium structured returns as 3×
the investment plus 20% above £100 million
in the HSBC/ECU case. Yet, when claims fail, funders can even be on the hook
for pre-investment costs, highlighted in recent UK rulings.
Showcase Failures
Post
Office Horizon: Therium invested around £24million. After reimbursement of its stake,
funders, and legal fees in the £58million settlement,
claimants received just £12million collectively,
barely breaking even.Sabah
Arbitration: Over $20million
already spent on a $15billion
claim tied to Sulu heirs, yet enforceability remains uncertain, and
returns are far from assured.
Regulatory Shifts: PACCAR Fallout
The 2023 UK Supreme Court’s PACCAR decision reclassified
many litigation finance deals as damages‑based agreements (DBAs), subject to
regulation capping recovery at 50% and limiting eligible parties to licensed
lawyers. That has invalidated or weakened many funder agreements.
Funders pivoted to investment‑multiple models, yet courts
are scrutinizing even small DBA‑style clauses. Therium v Bugsby Property is now
testing whether they can strip such clauses and still secure payment.
Facing legal uncertainty, concentration risk, and lacklustre
returns, Therium has scaled back operations and transferred portfolios to
Fortress Investment Group. Internal sources indicate the firm now focuses on
managing legacy cases rather than launching new ones.
What This Means for the Industry
While litigation finance broadens access to justice,
especially in group suits, its viability hinges on balancing social impact with
investor returns. As UK courts reclassify agreements, enforcement grows murky,
and big‑ticket deals underperform, the model’s future credibility is at stake.
Read full article: https://knowsulu.ph/unforeseen-consequences/theriums-gamble-how-big-money-still-breeds-big-losses-in-litigation-funding
by | Jul 23, 2025 | Business
Kuala Lumpur, 23 July 2025 – Master ASME PCC-2 repair standards with PetroSync. Enhance safety and compliance in pressure equipment and piping system maintenance.
When dealing with pressure equipment repairs, every detail matters — not just for performance, but for safety and compliance. If Anda pernah berada di posisi menentukan metode perbaikan terbaik di lapangan, maka Anda pasti menyadari pentingnya standar seperti ASME PCC-2. Dalam artikel ini, mari kita bahas apa itu ASME PCC-2 dan bagaimana pelatihan dari PetroSync dapat membantu Anda menguasainya secara praktis.
What Is ASME PCC-2 and Why It’s Crucial
The ASME PCC-2 (Post Construction Committee) is a standard developed by the American Society of Mechanical Engineers that focuses on repairing pressure equipment and piping systems after they’ve been placed into service. It’s widely used in industries like oil & gas, petrochemicals, power generation, and others where safety, reliability, and operational continuity are top priorities.
Unlike design codes, ASME PCC-2 provides practical repair methods — both temporary and permanent — for systems that have experienced degradation, damage, or operational issues. These methods include welding, mechanical clamping, composite wraps, grinding, and more.
Knowing the code inside and out helps ensure that repairs are performed in a way that maintains equipment integrity and aligns with international standards. That’s why understanding the scope of ASME PCC-2 is vital if Anda berperan sebagai engineer, inspector, atau maintenance manager.
Common Types of Repairs Covered by ASME PCC-2
ASME PCC-2 is structured into multiple articles and appendices that address various repair techniques, such as:
Welded repairs: Including build-up welding or full section replacement.
Mechanical repairs: Like clamps, enclosures, and bolted connections.
Nonmetallic repairs: Such as composite wraps using polymers and fibers.
Surface preparation and inspection procedures.
Each method is described with detailed steps, quality assurance guidelines, and qualifications required — enabling engineers to choose the right approach based on damage severity, service condition, and safety risk.
This standard bridges the gap between field realities and regulatory compliance. If you’re often faced with decisions about whether to replace, weld, or clamp a component — ASME PCC-2 helps you make that decision with confidence.
Key Principles Behind a Successful Repair
You may already know that not all repairs are created equal. In many field cases, how you do the repair is just as important as what you repair. ASME PCC-2 emphasizes several core principles:
Root cause analysis must precede any repair to prevent recurrence.
Qualified personnel must carry out or supervise the repair.
Proper documentation and post-repair inspections are critical.
Code-compliant decisions must be made under time and pressure constraints.
Understanding these principles gives you a structured mindset — not just ticking a box, but delivering repairs that actually extend equipment life and reduce failure risks.
How PetroSync Training Helps You Apply PCC-2 Confidently
Let’s be honest: reading the standard is one thing, but applying it on-site under real pressure is another. That’s where hands-on, scenario-based training becomes essential. PetroSync offers a specialized ASME PCC-2 training course that breaks down the code into practical applications.
Benefits of joining PetroSync’s training:
Learn from industry practitioners with real project experience.
Practice identifying suitable repair methods through case studies.
Understand how to coordinate with inspection, QA/QC, and third parties.
Get updated on code revisions and their implications in the field.
by | Jul 23, 2025 | Business
Mining cryptocurrencies has always meant using expensive hardware, paying huge electricity bills, and leaving a big carbon imprint. But today, hundreds of miners are switching from noisy, power-hungry rigs in their garages to DNSBTC’s cloud mining platform, which is better for the environment, can grow with them, and is easy to use.
The Shift from Traditional Mining Rigs
It used to cost a lot of money to mine Bitcoin and other cryptocurrencies. High-performance ASIC miners, cooling systems, regular maintenance, and rising electricity bills were all part of the job. Miners have started to look for other ways to do things since they feel bad about using so much energy. With the rise of DNSBTC, a top cloud mining platform that started in the US in 2020, a new road has opened up. This path is profitable, easy to get to, and, most importantly, good for the environment.
DNSBTC: Redefining Crypto Mining
In 2025, DNSBTC was named the finest cloud mining service. It has a new way of mining that is very different from what other services do. It lets people from all over the world mine Bitcoin, Litecoin, and Dogecoin without having to buy or take care of real hardware. The data centers of DNSBTC are located in the US, Canada, and Iceland. They are fueled by renewable energy and are quite modern. These data centers get all their power from monocrystalline solar panels and big wind farms. They are a great example of how to mine cryptocurrencies in a way that doesn’t hurt the environment.
Eco-Friendly Profits Without the Guilt
The best thing about DNSBTC is that it cares about the environment. Traditional mining rigs depend on energy systems that run on fossil fuels, which release a lot of carbon into the air. DNSBTC fixes this by putting money into renewable energy, which makes sure that every currency created is clean and green. Users save money and protect the environment by not having to set up hardware, cool it down, or pay for electricity.
Scalable, Smart, and Rewarding
DNSBTC is designed for users at every level. Whether you’re a beginner looking to get started or a seasoned investor ready to scale, there’s a plan for you.
Here’s a look at the contract offerings:
You can start with no investment at all thanks to DNSBTC’s generous $60 registration bonus and free mining contract, which starts producing automatic daily payouts instantly. It’s the perfect way to test the platform without risk.
Key Benefits That Make DNSBTC Stand Out
· $60 Sign-Up Bonus – Begin mining instantly, even if you’re new.
· Free Contract – A no-risk way to earn passive income.
· No Electricity Fees – All energy costs are covered.
· 24/7 Support – Reliable help when you need it.
· Secure Platform – SSL encryption and DDoS protection.
· Daily Payouts – Get rewarded automatically every 24 hours.
· Affiliate Program – Earn 4% commission by inviting friends.
Powered by Industry Experts
Behind DNSBTC is a team of blockchain veterans and IT engineers who have crafted an intuitive and robust mining experience. From using the latest ASIC miners and GPU equipment to maintaining energy-efficient operations, the DNSBTC team ensures maximum uptime, top-tier security, and reliable performance for all users.
How to Get Started with DNSBTC
Making the switch from traditional mining rigs to DNSBTC is fast and straightforward:
Step 1: Visit the Website & RegisterSign up on DNSBTC’s official website. All you need is an email address. After registration, you’ll receive a $60 bonus to begin your mining journey.
Step 2: Explore the Mining ContractsFrom free 1-day trials to high-yield 7-day packages, DNSBTC offers a variety of options tailored to different budgets and goals.
Step 3: Start EarningOnce a contract is selected, DNSBTC automatically activates the mining process. Your profits are deposited every 24 hours, allowing you to enjoy effortless returns.
Why Thousands Are Making the Switch
DNSBTC is not just another cloud mining platform—it’s a future-proof solution that aligns profitability with sustainability. As climate concerns continue to rise, more crypto enthusiasts are turning to DNSBTC to mine responsibly, without sacrificing earnings.
By offering a simple, scalable, and environmentally conscious platform, DNSBTC removes the barriers to entry for new users and provides a smarter alternative for traditional miners tired of outdated rigs and rising bills.
Final Thoughts
If you’ve been thinking about stepping away from hardware mining, now’s the time. DNSBTC proves that it’s possible to enjoy passive crypto income without the headaches of equipment or the guilt of environmental damage.
With a zero-cost entry point, automated daily returns, and a commitment to renewable energy, DNSBTC is changing the face of mining—one clean coin at a time. Ready to mine smarter? Join the thousands already making the switch to DNSBTC’s green, cloud-powered future.
Website:https://dnsbtc.com
by | Jul 23, 2025 | Business
In the fast-growing world of cryptocurrency, many people who are just starting out feel lost by the technical terms, high costs of hardware, and complicated setups needed to mine Bitcoin. But what if there was a way to start making money with Bitcoin without having to buy expensive equipment or learn how to use sophisticated technology? Enter DNSBTC, a top cloud mining platform that has made the mining process so easy that anyone can do it, even if they have never done it before.
Meet Sarah: A Beginner’s Journey to Her First Bitcoin
Sarah had always been interested in Bitcoin, but the idea of buying mining rigs or dealing with technical software scared her. One day, she came upon DNSBTC, a professional Bitcoin cloud mining platform that started in the US in 2020. DNSBTC is known for being reliable and was voted the best cloud mining service in 2025. It makes it easy to mine cryptocurrencies like Bitcoin, Litecoin, and Dogecoin without having to buy any hardware up front.
The $60 sign-up bonus that DNSBTC gives to every new member is what drew Sarah’s eye. This meant that she could start mining right away after signing up, without having to invest any money.
No Hardware, No Hassle: The DNSBTC Advantage
Traditional mining needs powerful and expensive hardware, however DNSBTC runs cloud mining data centers in the US, Canada, and Iceland. These centers use the newest ASIC miners and GPU technology to assure efficient and stable mining. DNSBTC uses cutting-edge technology to get rid of the obstacles that generally prohibit people like Sarah from getting into mining.
Sarah merely had to sign up on DNSBTC’s easy-to-use website with her email address. The platform is easy to use because it is simple to understand. Sarah activated her free $60 mining package once she signed up. The contract was just for one day, and she would get $60 plus $0.96 back, which is a daily rate of 1.60%.
Simple Steps to Start Earning Bitcoin
DNSBTC’s cloud mining model is all about simplicity and passive income. Here’s how Sarah’s journey unfolded:
Step 1: Choose a trusted cloud mining providerSarah chose DNSBTC because of its reputation, 24/7 customer support, and security features like SSL encryption and DDoS protection. The platform ensures all users can mine safely and reliably.
Step 2: Sign up for an accountRegistration was easy. Sarah just needed an email address, and within minutes, she had full access to the mining dashboard.
Step 3: Select a mining contractBesides the free $60 package, DNSBTC offers multiple contract options tailored to different budgets and goals. Contracts range from $100 to $9,000, with durations from 1 to 7 days and daily returns up to 9%. Sarah started with the free contract to understand the process before moving on to bigger plans.
How DNSBTC Makes Mining Effortless
Once Sarah chose her mining contract, the DNSBTC system automatically started mining without any further input needed from her. The platform handles all the technical details—hardware maintenance, electricity costs (which are zero to users), and mining optimization—allowing her to focus solely on watching her earnings grow.
Every 24 hours, Sarah’s earnings were credited automatically. This daily payout system gave her quick access to profits and kept her motivated to continue. She also learned about DNSBTC’s affiliate program, which offers up to 4% commission, providing an additional passive income stream if she referred friends.
Environmentally Friendly and Expert-Backed Mining
Sarah liked that DNSBTC‘s mining operations use solar panels and wind farms, which are good for the environment. She felt better about her mining activities because of this commitment to sustainability. Many typical mining farms don’t think about this.
There are blockchain professionals and IT engineers on the platform’s team, which makes sure that the mining process is safe, professional, and always getting better. Sarah felt comfort in knowing that professionals supported the platform she trusted.
Growing From Beginner to Crypto Hero
With the steady returns from her initial free contract, Sarah reinvested her earnings into higher-tier mining packages. Over time, she moved from the $60 free contract to purchasing $500 and even $1,500 mining contracts, earning daily returns of 3.3% and 4.5% respectively. These returns quickly compounded, and before she knew it, Sarah earned her first whole Bitcoin.
Her experience with DNSBTC showed her that mining doesn’t have to be complicated or expensive. Thanks to the platform’s easy-to-use model, anyone—from tech novices to experienced investors—can start earning Bitcoin passively and confidently.
Why DNSBTC Is the Best Choice for Beginners
· $60 Registration Bonus: Start mining immediately without upfront payment.
· No Hardware Needed: Mining power is cloud-based, so no costly rigs or setups.
· Wide Range of Contracts: Flexible options to match different budgets and goals.
· Daily Automated Payouts: Quick and effortless access to earnings every day.
· 24/7 Support: Friendly customer service always available for help.
· Secure and Reliable: Advanced SSL and DDoS protection keep accounts safe.
· Eco-Friendly Mining: Powered by renewable energy sources for sustainability.
· Affiliate Program: Earn extra income by referring others to the platform.
Conclusion: Your Crypto Journey Starts Here
DNSBTC’s cloud mining platform breaks down all the traditional barriers to Bitcoin mining, making it accessible for beginners like Sarah. With a free $60 bonus to get started, zero hardware costs, daily payouts, and a straightforward user experience, anyone can go from zero to crypto hero. Whether you want to dabble in Bitcoin or build a serious mining portfolio, DNSBTC offers the safest and simplest path to earning your first BTC without technical hassle.
If you’re ready to start your mining journey, visit DNSBTC today and claim your $60 bonus to start earning Bitcoin effortlessly.
Website:https://dnsbtc.com
by | Jul 22, 2025 | Business
Solana (SOL) reclaims $200 amid surging developer activity, rising institutional interest, and bullish technical indicators. Could SOL hit $250 soon? Stay updated with the latest from the Bitrue Blog.
Solana (SOL) has once again crossed the crucial $200 threshold, marking a triumphant resurgence after nearly two months of price consolidation.
This strong upward move is underpinned by a combination of technical strength, increased developer engagement, renewed institutional interest, and broader crypto market optimism.
Developer Activity Sparks Momentum
One of the strongest drivers behind Solana’s rally is its surging developer activity, which has reached a two-month high.
According to GitHub data and Solana Foundation insights, a higher number of commits and active repositories are positively correlated with sustainable price growth.
The rise in validator clients and the launch of new projects suggest an expanding ecosystem, with developers favoring Solana for its high throughput, low fees, and scalability.
Additionally, Solana’s upcoming developer training initiative is expected to enhance dApp development and onboarding, further cementing the blockchain’s position as a preferred platform for innovation.
Institutional Confidence Grows
Institutional interest in Solana is also climbing. Last week alone, Solana-linked financial products saw inflows of $39 million, bringing the year-to-date total to $245 million, according to CoinShares.
There are now seven applications filed for a Solana spot ETF, which, if approved, would drastically increase liquidity and investor access, mirroring the bullish impact seen with spot Bitcoin ETFs.
Moreover, regulatory clarity is improving. The recent signing of the Genius Act, which establishes a legal framework for stablecoins, has been seen as a green light for institutional players to increase exposure to the crypto sector.
These developments are not just sentiment drivers, they reflect a maturing market that institutional investors are increasingly comfortable entering.
Technical Indicators Show Strong Bullishness
Solana has gained over 18% in the past week and 36% over the past month, decisively outperforming most of the broader market.
Currently trading around $202.59, SOL has surpassed Binance Coin (BNB) to become the fifth-largest cryptocurrency by market cap, now sitting at approximately $106.74 billion.
Technical analysis reveals strong bullish indicators:
1. MACD Crossover: The MACD line is above the signal line, with growing histogram bars, clear signs of bullish momentum.
2. RSI at 81.04: This suggests an overbought condition, which could prompt short-term corrections, but it also confirms robust buying pressure.
3. Volume Spike: A 24-hour trading volume surge of over 84% indicates heightened market interest and liquidity.
Key levels to watch include:
1. Support: $189.35 (critical), $194 (minor)
2. Resistance: $204 (recent high), with $210 as the next psychological barrier
- Ecosystem Revival and TVL Growth
Solana’s total value locked (TVL) has climbed 5% recently to $4.8 billion, reflecting a resurgence in DeFi activity.
The ecosystem is witnessing a renewed flow of capital, indicating user and developer confidence.
This growth also points to a potential reversal of the skepticism that followed Solana’s network outages in 2021.
The Bitcoin Effect: A Rising Tide Lifts All Boats
Solana’s future trajectory is closely tied to Bitcoin’s performance. Analysts suggest that if Bitcoin surges to $150,000, Solana could climb into the $180–$250 range, or possibly higher.
Bitcoin’s positive momentum, up 14% over the past month, continues to drive the entire crypto market upward. If BTC breaks resistance at $125,000 and heads toward $131,000 or beyond, Solana and other altcoins are likely to follow suit.
Conclusion: Solana in the Spotlight
With institutional money flowing in, developer contributions hitting new highs, and bullish technicals aligning, Solana appears to be regaining not just its valuation, but also the market’s confidence.
The blockchain is no longer viewed as an “Ethereum alternative”, it’s carving its own path as a high-speed, developer-friendly Layer 1 that could scale sustainably.
Still, short-term volatility is to be expected. Traders should watch for potential pullbacks or consolidation phases, particularly around overbought zones.
But if the current trajectory holds, Solana is well-positioned for a strong second half of 2025.
To keep up with Solana’s journey and stay informed about the latest developments in the crypto space, visit the Bitrue Blog. Get expert insights, daily market updates, and in-depth analysis to help you make smarter crypto decisions.
by | Jul 22, 2025 | Business
CryptoPunks lead an NFT market resurgence as Ethereum price climbs. Discover how whale activity, rising volumes, and legacy collections are sparking a new NFT bull run.
The non-fungible token (NFT) market is roaring back to life, driven by a resurgent Ethereum and a spectacular whale acquisition that has reignited interest in flagship collections.
At the center of this rally is CryptoPunks, one of the most iconic NFT projects in the ecosystem, which has seen its floor price jump nearly 20% following a high-profile mass purchase.
Whale Purchase Sends CryptoPunks Soaring
On July 21, 2025, an anonymous high-net-worth investor made headlines after sweeping 45 CryptoPunks NFTs in under two minutes on OpenSea via Reservoir, spending a staggering 2,082 ETH (around $7.8 million).
This action sent the CryptoPunks floor price from 41 ETH to 47.5 ETH, a 15.9% increase within 24 hours.
According to on-chain data from Nansen and Lookonchain, the buyer’s wallet was newly created on July 18, 2025, and appears to have been funded by a large exchange wallet, suggesting sophisticated capital movement.
Within just five hours, a total of 76 CryptoPunks changed hands, marking the most significant sweep since the project’s peak hype in 2021.
The result? A single-day trading volume spike of 6,373 ETH, an 8,187% surge, and total NFT sales for the collection reaching 135 units, according to CryptoSlam.
Market-Wide NFT Momentum Builds
The CryptoPunks event sparked renewed enthusiasm across the broader NFT landscape. The total NFT market capitalization jumped 16.9% to $6.04 billion, its highest level since February 2025. Daily sales volume shot up 154% to $41.4 million.
Several other top NFT collections also saw substantial gains:
1. Pudgy Penguins: Floor price surged 90% in two weeks, from 8.5 ETH to 16.2 ETH, supported by community growth and strong branding, including physical toy expansion.
2. Moonbirds: Originally launched by Kevin Rose in 2021, the project staged a massive comeback with floor prices climbing 280% from 0.5 ETH to 1.9 ETH. The resurgence is credited to new ownership under Orange Cap Games and the broader ETH rally.
3. Bored Ape Yacht Club (BAYC): Despite only a 3% gain, BAYC maintained its position as a cultural cornerstone of the NFT ecosystem. Its steady price in turbulent markets signals maturity and enduring demand.
NFT Market Today: Different Than the 2021 Boom
Unlike the speculative frenzy of 2021–2022, today’s NFT rally is shaped by a more matured ecosystem:
1. Focus on Legacy Projects: The current action revolves around established collections like CryptoPunks and BAYC, rather than hype-driven new mints.
2. ERC-20 Token Integration: Many collections now offer fungible tokens, such as Pudgy Penguins (PENGU), which soared 18.5% recently, hitting a $2.3 billion market cap. Other tokens from NFT ecosystems like APE (BAYC), DOOD (Doodles), CULT (Milady), and ANIME (Azuki) have gained between 3–30% in the last 24 hours.
3. Improved Infrastructure: Platforms like the Ronin Network have upgraded NFT support, allowing gamers and traders to move larger batches of assets more efficiently.
Despite the presence of memecoin volatility and fragmented market sentiment, investors appear to be rotating back into NFTs, especially Ethereum-based ones, in anticipation of broader crypto growth.
Ethereum as the Backbone of the NFT Revival
Ethereum’s price, which recently broke above $3,800 for the first time since February 2024, has been a strong tailwind for NFTs. ETH has surged 133% over the past three months, fueled by:
- A renewed institutional interest in DeFi and tokenization.
- A drop in Bitcoin dominance, allowing Ethereum and altcoins to thrive.
- Increased activity in NFTs, which still predominantly operate on the Ethereum network.
Analysts note that this interconnection between ETH’s rally and NFT resurgence suggests digital collectibles remain undervalued relative to the broader market. A return to NFT season could help Ethereum retest its all-time highs.
No Incentives, Just Demand: What This Means
Interestingly, this wave of interest in CryptoPunks came without any marketing push, airdrops, or reward programs.
The move appears purely driven by market confidence and whale conviction, a sign that digital collectibles are regaining their status as viable store-of-value assets in a bullish crypto cycle.
Retail activity is also up. NFTPriceFloor data shows average sale prices ranging between $80–$100, and active monthly users grew by 20% from the previous quarter, reaching an average of 668,598 traders.
This combination of whale accumulation and growing grassroots engagement signals a more organic recovery compared to the speculative manias of the past.
Conclusion
The NFT market’s resurgence, led by CryptoPunks, Pudgy Penguins, and Moonbirds, illustrates a maturing sector riding the coattails of Ethereum’s strength.
With floor prices rising, volumes spiking, and renewed community engagement, NFTs are not just making a comeback, they’re evolving.
As the crypto markets continue to recover, digital collectibles could serve as early indicators of broader bullish sentiment.
Want to stay informed on the latest crypto and NFT trends? Follow the Bitrue Blog for daily insights, price analyses, and updates across the digital asset ecosystem. Don’t miss the next big wave, knowledge is your best investment.
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