Bitcoin
- Thailand News
NFTs explained – What is it and how does it work
NFTs has been gaining popularity over the past two years. From art and music to Jack Dorsey’s first tweet and toilet paper, these digital assets are selling for up to millions of dollars. In December 2021, an anonymous artist Pak sold 266,445 shares of his NFT Merge for $91.8 million on Nifty Gateway. He is now known as the most…
- Travel Guides
Hotel trends to watch in 2022- Check-in like a VIP
If you are wondering what could be in store for hotels in 2022, this guide is for you. The twist and turns of changing restrictions have affected the hospitality industry to a great extent. The good news is that the hotels will be trying their very best to make you happy in this pandemic. Hotels have been incorporating new trends…
- Sponsored
Are surfboards really hotter than Bitcoin?
Sponsored Article I don’t know what’s harder to get my hand on right now – Bitcoin at a reasonable price, or a new surfboard. With the current pandemic situation, there’s been a shortage of surfboards as more surfers take to the waves. When I was told last year that a new surfboard would take at least 9 months to arrive,…
- Press Room
Cryptocurrency is now accepted at Silavadee Pool Spa Resort in Koh Samui
Press Release Silavadee Pool Spa Resort becomes the First Resort in Koh Samui to accept Cryptocurrency. Koh Samui, 2021 – Silavadee Pool Spa Resort is becoming the first resort in Koh Samui to accept cryptocurrency for hotel bookings worldwide. Miss Chonlada Soonthonvasu, Managing Director of Silavadee Pool Spa Resort said, “As the popularity of online booking channels grows, people are…
- Crime News
Hacker arrested after selling data of 600,000 customers
A former employee of a well-known company in Thailand was arrested for a data breach where he allegedly hacked and sold the data of 600,000 customers. The hacker, known as Woraphol, was taken into custody by the Technical Crime Suppression Division after the company the man worked for previously uncovered the data breach and contacted the police. A search warrant…
- World News
China announces cryptocurrency trading is illegal
China’s central bank has announced that all transactions using cryptocurrencies are illegal and have increased crackdown efforts on illegal mining of the currencies in China. Chinese banks have been prohibited from handling cryptocurrencies for nearly a decade, but traders have continued to buy and sell cryptocurrencies surreptitiously for years. China has also previously been considered one of the biggest producers…
- World News
El Salvador: first country worldwide to make bitcoin legal tender
Cryptocurrency has been making inroads at gaining more and more mainstream acceptance, but this week marked a new major milestone. El Salvador just became the first country worldwide to accept bitcoin as legal tender, on Monday purchasing 400 bitcoins at a price of US $21 million. The announcement caused such a swell of interest, the country’s cyber wallet system was…
- Technology News
Porn may open the door to the mainstream for cryptocurrency
Cryptocurrency has grown a strong following of hardcore supporters but has yet to gain widespread acceptance and ease of use. But now another hardcore faction might help bridge the gap and open the doors to wider usage: porn. After OnlyFans became the latest website/porn service to see its value and success hanging in the balance of a battle between its…
- Pattaya News
Na Jomtien man electrocuted mining bitcoin
The volatility of bitcoin trading can be shocking, but so too can actually mining it, as a Na Jomtien resident unfortunately found after being electrocuted by his mining machine. The body of a 26 year old man named Danai was found this morning after apparently being electrocuted to death by the computer equipment he was using to mine bitcoin. The…
- Economy News
China arrests 1,100 in cryptocurrency money laundering bust
In what will only fuel perception in China that cryptocurrency is nothing more than a money laundering tool, security officials have arrested 1,100 people accused of using criminal profits to buy crypto. Chinese officials have been cracking down on cryptocurrency trade, which is banned in the country. The Ministry of Public Security in China says that Chinese police reportedly caught…
- Economy News
Bitcoin dives to $30k, a drop to less than half its peak price
Bitcoin saw the biggest drop of this year, returning it to levels it hadn’t seen since January, falling at one point to just over US $30,000. The past week has seen large amounts of selling of the cryptocurrency and value had dropped to less than half of its peak price last month of $64,829. Bitcoin experienced a 30% drop in…
- Thailand News
Bank of Thailand wrestles with cryptocurrency adoption
The Bank of Thailand is wrestling with cryptocurrency – how to adopt its usage and how to regulate it in the face of growing popularity, along with all the dynamics surrounding the new ‘currencies’.. The BOT admits they’re struggling with balancing the innovation in the financial world and protecting investors in a volatile and unstable market. Digital currency fluctuates much…
- Thailand News
Thai PM walkout, easing of covid restrictions | February 19
Thailand News Today Police have arrested a man in Samut Prakan, southeast of central Bangkok, for allegedly possessing war weapons and attempting to sell assault rifles online through Instagram. The “dewaffen” Instagram page for “Oz John Woo” has an eclectic combination of cat photos and gun photos. The bio says “military support/ small arms import/export service. Life is limited, please…
- Thailand News
Thailand tourism officials want to attract Bitcoin and other cryptocurrency holders
Got Bitcoin? You may soon be able to spend it in Thailand. The country’s tourism officials want to draw in cryptocurrency holders and plan to first target tourists from Japan, the one of the world’s top holders of Bitcoin. The idea is to draw in more high spending tourists, according to Tourism Authority of Thailand governor Yuthasak Supasorn. With the lack…
- Crime News
US charges 3 North Korean officials with stealing cryptocurrencies
The US Justice Department is accusing North Korea of stealing crypto and traditional currencies and is charging 3 military intelligence officials with the alleged crime. President Joe Biden is calling the incident a “global campaign of criminality.” The accusations include hacking and malware operation cyberattacks to steal $1.3 billion US dollars from banks and other institutions. The actions were allegedly…
- Phuket News
Phuket’s seastead couple remain elusive
The Seastead may be under 24 hour guard at the Port of Phuket but the couple who were staying in the structure offshore from Phuket, and have become the international face of the seastead experiment, remain elusive. According to Phuket’s deputy police chief Pol Colonel Witoon Kongsudjai, their mobile phone signal identified the couple’s last known location as Tarutao Island…
- Phuket News
“The Thai military wants us dead” – Phuket Seastead owner
by Kimberly Craig (WXYZ Detroit), Tim Newton, ocean.builders American Chad Elwartowski and his Thai partner, Nadia Supranee Thepdet, say they are on the run from police in Thailand after the government has accused the couple of trying to lay claim to Thai maritime territory with their ‘seastead’, a maritime house considered to be a permanent dwelling at sea off Phuket.…
- Phuket News
UPDATE: Visa revoked of American who funded the Phuket ‘seastead’
The Visa of the Michigan-based American man, who funded the ‘seasteading’ structure off the coast of Phuket, has been revoked while investigations continue into the legality of the matter. The factory that built the ‘seastead’ has been found with no license to build such a structure. The Phuket Immigration Chief Col Katathorn Kamthieng says, “The American man who has invested…
- Hot News
Bitcoin Seastead backer in battle with Thai authorities
A ‘seastead’ project, launched by an early bitcoin adopter off the coast of Phuket island in Thailand’s south is running into trouble with local government authorities. The Royal Thai Navy and Phuket Maritime authorities boarded the structure on Sunday, saying that the structure violates criminal law and poses a navigation hazard. ‘sea-stead’, noun – a permanent settlement on a structure…
- Phuket News
Navy files report against ‘seasteading’ structure off Phuket
The Royal Thai Navy has filed a report against an American/Thai couple for their ‘seasteading’ structure off the coast of Phuket. Read more about the concept and structure HERE. The ‘seasteading’ couple, that have set up a structure some 15 nautical miles south east of Phuket’s southern coast, are the subject of an official complaint by the Thai Third Naval Area…
- Bangkok News
Key suspect arrested in 800 million baht bitcoin ‘scam’
Parinya Jaravijit, a key suspect in an alleged 800 million baht bitcoin investment scam, was arrested last night at Suvarnabhumi Airport when he arrived back in Thailand. Parinya – who continues to maintain his innocence – was taken to Ratchadapisek Criminal Court today to apply for his first 12 day detention period (October 12-23). Police have objected to his bail…
- Bangkok News
Actor’s family assets confiscated over suspected bitcoin fraud
PHOTO: Thai actor Jirachpisit ‘Boom’ Jarawichit – The Nation The AMLO (Anti Money Laundering Office) has confiscated assets worth 210 million baht belonging to an actor and his family suspected of involvement in fraud and money laundering. The case stems from a complaint by a Finnish investor, Aarni Otava Saarimaa, that he was defrauded of bitcoins valued at 797 million…
- Bangkok News
Former Thai actor arrested over Bitcoin scam
A once-popular actor has been charged with convincing foreigners to transfer to him more than 5,500 bitcoins as an investment. (5,500 Bitcoin are worth around 210,000 baht or US$6,300 each as of today) Police picked up 27 year old Jiratphisit Jarawitchit today at midday at a shopping mall in Bangkok’s Chatuchak district. The Criminal Court issued arrest warrants for him…
