Thai authorities raid illegal Bitcoin mine behind local power outages
Illegal Bitcoin mining has been a growing problem in Southeast Asia, with operators exploiting the region’s relatively low electricity costs
Related Posts


Crypto Biz: French prosecutors drop money-laundering bombshell on Binance
Binance is caught in regulatory crosshairs in France, while KuCoin reaches a $300 million settlement with the US Department of Justice.

Pakistani finance minister says crypto will never be legal because of FATF
Pakistan was taken off the FATF gray list in October, and it has good reasons to want to stay in international good graces. 406 Total views 1 Total shares Pakistan will ban cryptocurrency services operating in the country and never legalize crypto trading, Minister of State for Finance and Revenue Aisha Ghaus Pasha said at…

Pragmatism: The true key to unlocking crypto mass adoption
When Bitcoin (BTC) launched in 2009, it was motivated by the distrust of financial institutions and their fees and the inflationary practices by central banks during the Great Recession. Bitcoin was supposed to usher in an era of decentralization, financial inclusion and democratization. Yet more than a decade later, with Bitcoin prices surging, we’re witnessing the…

Air Cargo Industry Could Save $400M Per Year With Innovative Blockchain Tech
Sita, an air transport communications and information tech company, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $400M a year in the air cargo industry, according to the March 12 announcement.Blockchain platform brings down cost and improves efficiencyBlockchain technology allows air cargo companies to digitally track and…

Is the SEC’s action against BUSD more about Binance than stablecoins?
Binance branded stablecoin, Binance USD (BUSD), is a dollar-backed stablecoin issued by blockchain infrastructure platform Paxos Trust Company, and is the third largest stablecoin after Tether’s (USDT) and Circle’s USD Coin (USDC).Paxos has claimed in the past that BUSD is fully backed by reserves held in either fiat cash or United States Treasury bills. BUSD…

Boosting AI: Senators propose $32B investment plan for US tech growth
After months of meetings with industry experts and AI critics, four U.S. senators published what they say is a comprehensive roadmap for maintaining U.S. leadership in AI development.

Analyst says ETH/BTC ’collapse is over’ as Ether reclaims $3.8K
Ether’s strength against Bitcoin “should go higher” over the next 6 to 12 months, according to a crypto analyst, following a stretch of underperformance.

Stablecoins, Ceilings and Digital Currencies: Bad Crypto News of the Week
Check out this week’s Bad Crypto podcast. 1810 Total views 17 Total shares Stability? What stability? Bitcoin has burst through its ceiling, leapt 15% and is now tickling a new ceiling of $11,000. The new move has put Bitcoin’s actual price at around double the realized price. On Black Thursday, the realized price was higher…