Thai police seize nearly 1,000 Bitcoin miners in raid: Report
The registered crypto trading firm allegedly stole “hundreds of millions of baht” from electricity providers, coming out to at least $2.88 million.
Related Posts


Price analysis 11/8: BTC, ETH, BNB, ADA, SOL, XRP, DOT, SHIB, DOGE, AVAX
Bitcoin (BTC) is close to making a new all-time high and Ether (ETH) finally soared to hit a new high at $4,800. This pushed the total crypto market capitalization above $3 trillion for the first time ever on Nov. 8, according to data from CoinGecko.Data from Santiment shows that Bitcoin whales holding between 10,000 BTC…

Bitcoin Price Pumps $600 to CME Gap, But $6.6K May Be End for Bulls
The price of Bitcoin (BTC) retraced to $5,800 during the weekend, which left the markets with an open CME gap between $5,900 and $6,620. Aside from that, buyers have stepped in at the $5,850 level, leading to a $600 rise in the price on Monday. However, is the correction over or is the market range-bound?Crypto…

Bitcoin on verge of largest ‘price drawdown’ of the bull market — Analyst
Bitcoin’s (BTC) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawdown analysis. Source: X Bitcoin has experienced significant drawdowns in past cycles, with a notable 83% drop from its peak in 2018

New Bitcoin ETF Proposal Filed With SEC by Gold Fund Veteran
Delaware-based asset manager Kryptoin Investment Advisors applied with the United States Securities and Exchange Commission (SEC) to launch a Bitcoin (BTC) Exchange Traded Fund (ETF) on Oct. 15.A Bitcoin ETF on the New York Stock ExchangeAccording to the filing document published by the SEC, the Kryptoin Bitcoin ETF Trust is meant to be traded on…

Crypto Twitter confused by SBF’s $250M bail and a return to luxury
Crypto Twitter has seemingly taken issue with Sam Bankman-Fried’s $250 million bail bond, allowing him to spend Christmas in his parent’s Palo Alto home without paying a single dime upfront. The former FTX CEO arrived in New York from the Bahamas on Dec. 21 and appeared in court on Dec. 22 where he was released on…

Former PBoC Head: China’s Digital Yuan Will Favor Payments and Retail
China’s digital currency approach will be favoring international payments and domestic retail system, a former senior official said.Zhou Xiaochuan, the president of the Chinese Finance Association and former governor of the People’s Bank of China (PBoC), outlined two types of implementations of central bank digital currencies (CBDCs) speaking at the 2019 Caixin Hengqin Forum, local…

The Strange Case of CCN and the Google June 2019 Core Update
Here at Cointelegraph, we were as shocked as everyone else in and around the crypto-sphere when we learned about the abrupt closure of stalwart crypto media outlet CCN. Established at around the same time as Cointelegraph and CoinDesk, CCN spent years competing for the crypto audience.However, just a couple days later, as many others, we were…

Cointelegraph Consulting: Rarible’s daily transactions see a rapid decline
Nonfungible token (NFT) sales tapering off is nothing new, and since their May peak, they have gone down by about 90%. However, as some marketplaces shore up their numbers, NFT auction site Rarible appears to have users flocking away from its platform.Rarible is one of the most popular sites for buying and selling digital collectibles,…