Thailand

Report: Musk’s $50,000 “pedo guy” investigator is a convicted felon

Enlarge / Elon Musk. Robyn Beck-Pool/Getty Images Last year, Vernon Unsworth, a cave explorer who advised on the rescue of kids trapped in a Thailand cave, got in a spat with Elon Musk. Musk labeled Unsworth a “pedo guy” in a tweet—and, in an ill-considered email to a reporter, later called him a “child rapist” who married a …

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Video Shows $10M Chinese Bitcoin Mining Farm in Flames

<header class=”article__header”> </header> <strong>During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed.</strong> Also Read: Central Banks in Panic Mode – Extreme Tactics …

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At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows

<header class=”article__header”> </header> <strong>In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession.</strong> Also Read: Money …

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PR: Hashcube Announces Bitcoin Mining Investment Forum in Thailand

<header class=”article__header”> </header> <small><i>This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release.</i></small> Hashcube, a Korean Bitcoin miner retail and mining company, is proud to present Thailand’s first …

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Thai ‘Cryptocurrency Wizard’ Nabbed for Alleged Role in $16M Heist

A 48-year old Thai man who called himself the “cryptocurrency wizard” has been arrested in Bangkok over his alleged role in a 500 million baht ($16.3 million) crypto exchange fraud. The Bangkok Post reports on Sept. 5 that police nabbed Mana Jumuang, who has been under an arrest warrant since Aug. 23, while he was …

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IBM-Maersk Logistics Blockchain to Be Used by Thai Customs Agency

Thailand is integrating IBM and Maersk’s blockchain project to streamline its shipment tracking procedures, according to a local news source. The Bangkok Post reported Thursday that the Customs Department of Thailand will adopt TradeLens, the logistics platform jointly supported by IBM and Maersk as part of the country’s Thailand 4.0 policy. Thailand will be the …

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Thai SEC Warns Public About New Crypto Scam Operating Overseas

Thailand’s securities regulator has warned the public about scam entities posing as legal digital currency trading firms operating overseas. Investor losses are not known The Thai Securities and Exchange Commission (SEC) has discovered a new crypto scam where investors are lured into operating with companies outside the country, local English-language news outlet Bangkok Post reports …

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Xendpay Joins RippleNet to Expand Global Money Transfer Services

Money transfer service Xendpay has joined Ripple’s global transaction network RippleNet to support international transactions. Going beyond the U.S. dollar Ripple announced the news on Aug. 20. Per the announcement, RippleNet will allow Xendpay to provide money transfer services beyond the United States dollar. Xendpay will use Ripple’s pre-existing network of banks and other financial …

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Over 5 Million Merchants Throughout Thailand Now Accept Zcoin Payments

Privacy-focused cryptocurrency Zcoin is now available for spending in Thailand at any merchant registered with the Thai QR code system through Satang App. According to an announcement published by Zcoin on Aug. 15, over 50 million users of Satang App can now use Zcoin at local merchants both in-store and online by scanning a QR …

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Central Banks Worldwide Testing Their Own Digital Currencies

<header class=”article__header”> </header> <strong>Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. India has also included the digital rupee in the country’s draft …

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