DE FACTO Pheu Thai boss Thaksin Shinawatra said at dinner talk last night (Jan. 13) that the government is moving to allow payment by Bitcoin in Phuket with recipients not at any risk at all as this is another currency in the world, Naewna newspaper said. At the dinner talk held at Dusit Thani
Tag: Bitcoin
Bitcoin mining dens that stole 100m baht of electricity raided
A TEAM of Department of Special Investigation (DSI) police together with Provincial Electricity Authority (PEA) officials raided houses and commercial buildings at several locations across Kanchanaburi that had been turned into Bitcoin mining dens and effectively stolen over 100 million baht in electricity annually, PPTVHD36 said today (Oct. 9). The raid followed a complaint
Read moreMore Bitcoin mining dens to be raided in Chiang Mai
By Thai Newsroom Reporters POLICE RAIDS ON a few illegal, makeshift facilities with arrays of computers for Bitcoin mining business in Chiang Mai are anticipated shortly in sustained measures to crack down on the power-squandering activity, police said today (June 6). Following an earlier raid on a Bitcoin mining den in disguise of a
Read more70 million baht Bitcoin mining rig seized in Samut Sakhon raid
By Thai Newsroom Reporters A BITCOIN MINING activity was today (May 1) found illegally operating at a disguised factory in Samut Sakhon, police said. Seized in the police raid on the abandoned, unnamed ice-making factory in Tajin area of the capital district of Samut Sakhon were 690 computers and 17 mainframes allegedly used for
Read moreCrypto weekend meltdown: Bitcoin price touches $17k, Ethereum below $900
By Anna Golubova, Kitco News THE crypto space faced another sharp selloff during the weekend as Bitcoin plunged below $18,000 and Ethereum dropped below $900. The overall crypto market cap plummeted to $847 billion, down nearly 10% on the day. Bitcoin touched $17,677, the lowest level since November 2020, and Ethereum fell to a low
Read moreBitcoin falls 14% after crypto lender Celsius Network freezes withdrawals
By Reuters and published by Euronews.next CRYPTOCURRENCY lending firm Celsius Network will pause withdrawals and transfers between accounts due to “extreme market conditions”, the company said on Monday, in the latest sign of pressure in the crypto industry. The world’s largest cryptocurrency, Bitcoin, extended earlier declines after the announcement, falling more than 10 per
Read moreBitcoin hits $1 trillion in market value as cryptocurrency surge continues
By Jesse Pound, CNBC THE price of bitcoin crossed another major milestone on Friday, as the cryptocurrency’s market value surpassed $1 trillion, according to Coindesk. The digital currency was trading at just under $54,000 per coin on Friday as it hit the new level, and rose above $55,000 later in the session for a daily
Read moreWhat the #)$*#@)($ is happening with Bitcoin’s insane record run?
By David Goldman, CNN Business New York: Bitcoin is crashing — upward. It just passed $28,000 and shows no signs of stopping. The digital currency has a market value north of $500 billion. Think Bitcoin is just a fad? It’s worth more than Visa (V) or Mastercard (MA). Or Walmart (WMT). Bitcoin passed $20,000 for
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