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Tag: luxor

  • Netherlands returns 3,500-year-old sculpture stolen from Egypt during Arab Spring

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    Egypt requested that the artifact be returned under the 1970 UNESCO Convention, which both it and the Netherlands are beholden to.

    A 3,500-year-old stone head believed to have been stolen from Luxor during the Arab Spring in the early 2010s has been returned to Egypt, the Dutch Government Information and Heritage Inspectorate said in a Thursday statement.

    The sculpture, which depicts a high-ranking official from the reign of Pharaoh Thutmose III, first drew the attention of authorities in 2022 at the TEFAF Maastricht art fair in the Netherlands.

    According to the statement, Sycomore Ancient Art, the artifact’s dealer during the fair, noticed that the artifact’s provenance documents were odd, and consulted an expert from the British Museum before eventually contacting the Dutch National Police.

    The DNP conducted an investigation into the artifact’s origin, in cooperation with the Inspectorate and alongside experts from the British Museum and the National Museum of Antiquities in Leiden.

    Spanish police were also consulted in order to investigate one of the sculpture’s previous sellers, according to the statement.

    The 3,500-year-old stone head stolen from Luxor, Egypt, during the Arab Spring, February 8, 2026. (credit: Dutch Government Information and Heritage Inspectorate, Education, Culture, and Science Ministry. )

    Artifact returned under 1970 UNESCO Convention

    The statement explained that the artifact was deemed authentic, with investigators ruling that it had most likely been stolen from Luxor during the Arab Spring.

    Egyptian authorities confirmed that the object had been taken illegally, according to the statement, and that it was under the protection of Egypt’s heritage law.

    The country also requested that the artifact be returned under the 1970 UNESCO Convention, to which both it and the Netherlands are parties. Per the convention, each country must “prevent the unlawful export of cultural objects and return unlawfully exported cultural objects to their country of origin.”

    The artifact was recently returned to Egypt during a formal handover ceremony at the Egyptian embassy in the Hague, according to the statement.

    “It is deeply regrettable that this object was removed due to looting,” Dutch Education, Culture and Science Gouke Moes said during the ceremony. “This stone head does not belong here, and certainly not on the art market. It belongs in Egypt.”

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  • Luxor Technologies Launches The First Bitcoin Mining ASIC Request-for-Quote Platform

    Luxor Technologies Launches The First Bitcoin Mining ASIC Request-for-Quote Platform

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    Luxor has launched the first ever ASIC RFQ platform with the goal of maximized market transparency and access.

    Luxor Technologies, a full-stack Bitcoin mining software and services company, has launched the first request-for-quote (RFQ) platform for buying and selling Bitcoin mining hardware.

    The press release sent to Bitcoin Magazine describes what an RFQ platform is, saying “An RFQ is a marketplace where users can create orders (requests) for specific items. Luxor’s double-sided RFQ allows both buyers and sellers to create requests for Bitcoin mining ASICs.”

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  • Luxor’s Hashrate Index 2022 Mining Year In Review Shows Bitcoin’s Resilience

    Luxor’s Hashrate Index 2022 Mining Year In Review Shows Bitcoin’s Resilience

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    Hashrate Index has released its 2022 Bitcoin Mining Year In Review, an extensive report on the mining industry and markets surrounding it.

    2022 was a difficult year for Bitcoin mining, with the bear market leading to a hashprice all-time low, bankruptcies and losses for miners. Despite this, hash rate still grew 41%, and Bitcoin mining still generated nearly double the rewards compared to the previous three years. The report covers all of these topics and more in detail.

    One of the main focuses of the report is the growth of hash rate.

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