cryptocurrency

  • Best of

    NFT Games to play in 2022

    The non-fungible token (NFT) hype might be cooling down a bit, and it doesn’t dominate the news as much as it used to, but NFT games are still very much alive and kicking. More and more non-fungible token games are being released every month, and the best ones are here to stay. What makes NFT games much more exciting than…

  • Technology News

    Coinbase tapped by Google for crypto payments

    In a boost for the cryptocurrency world, tech goliath Google announced plans to allow some customers to pay for cloud services using Coinbase, a leading crypto exchange platform. The announcement from Google gave crypto a much-needed kick after an overall rough year. The rollout will begin with access solely to those customers working in the Web3 industry, allowing selected people to…

  • Guides

    The types of NFTs you should know about in 2022

    NFT (Non-Fungible Token) has been all the rage for a while now. Contrary to what many believe, NFTs are more than just images with a hefty price. They have a limitless number of potential applications. And every day, we’re seeing an increasing variety on the internet. It seems like they have completely taken over the metaverse and the world of…

  • Hot News

    Five senior Koh Samui police officers transferred over two criminal case investigations

    Five senior Koh Samui police officers have reportedly been transferred over two criminal cases on the island. Surat Thani provincial police chief, Sathit Phonphinit, signed the order to transfer the officers pending factual evidence in the two cases. The order was carried out on Wednesday, one day after it was signed. One of the criminal cases being investigated allegedly involves…

  • Crime News

    Foreign gang allegedly extorts Russian couple of crypto worth US$50k in Thailand

    A Russian couple in Koh Samui in southern Thailand claims that a gang of six foreign men – including Russians, Kazakhs and a German – extorted them of cryptocurrency worth US$50,000, or 1.89 million baht. On Sunday, 31 year old Evgeny Abdullin and his wife Ekaterina Abdullin filed a complaint at Koh Samui Police Station. The couple said that six…

  • Economy News

    SCB-Bitkub deal fizzles as young investors lose big on crypto

    As the crypto market cools and young, naïve investors lose big, the deal for Siam Commercial Bank Group (SCB) to acquire a majority stake in Thai digital asset exchange Bitkub Online has fallen apart. The deal, announced in November of last year, pushed Bitkub Online’s value over US$1 billion and drove the company’s cryptocurrency to triple in value overnight. SCB’s…

  • Sponsored

    A Mission To Unchain And Rescue The Working Elephants With Digital Art – Unchained Elephants

    Thailand has long been a prized tourist destination, with people travelling globally to visit. A popular bucket list activity for many of these people is a visit to an elephant camp. For the tourists, it is a memorable, once-in-a-lifetime experience, being so close to such a magnificent creature. For the elephant, however, it is a lifetime’s experience of torment, fear…

  • World News

    Cryptocurrency crash: what is happening?

    The global market of cryptocurrency dipped below US$1 trillion to $962 billion for the first time yesterday since 2020. Bitcoin fell below US$23,000, hitting its lowest point since December 2020. Over the weekend, Ethereum collapsed by 24%, falling to its lowest level in more than 14 months. Meanwhile, crypto lending company Celsius froze withdrawals for its customers yesterday, claiming it…

  • Crime News

    Bangkok police arrest 6 Taiwanese nationals for crypto fraud

    Police in Bangkok have arrested 6 Taiwanese men following a raid on a house in the Prawet district of the capital. The men are accused of conning over 500 people, mostly fellow Taiwanese or Chinese nationals, through fraudulent online cryptocurrency investment schemes. According to a Bangkok Post report, the arrests happened when officers from the Police Cyber Taskforce, accompanied by…

  • Thailand News

    Thailand exempts cryptocurrency transfer VAT until 2023

    The Royal Thai Government Gazette has formally announced a VAT exemption for transferring cryptocurrency from now until the end of 2023. The cabinet had approved the exemption of the value added tax, or VAT, for transferring cryptocurrency or digital tokens in March. Yesterday, the decision was passed into Thai law and will be in effect from yesterday until December 31,…

  • Thailand News

    Cryptocurrency payments banned in Thailand, trading still okay

    You can put your hopes to rest as Thailand will ban any use of cryptocurrencies as a form of payment. Officials believe that its widespread use will harm the country’s financial system and economy. The new rules that prevent using digital currencies as a form of payment will take effect from April 1. Businesses are given extra time until the…

  • World News

    Australia plans to sue Facebook owner over scam ads for cryptocurrency

    Australian officials are suing Facebook’s owner, Meta Platforms, over scam ads for cryptocurrency schemes. The ads feature well-known Australians, including a politician and a businessman, who they claim endorse the schemes. In reality, the figures never endorsed the schemes, or approved the ads. Australia’s consumer protection commission said the ads also contained links to fake articles with quotes claiming to…

  • Thailand video news

    Thailand News Today | Health Ministry to declare covid endemic by July 1 (Thai style rules)

    Tourism officials have shrugged off a US CDC notice which advised citizens to avoid travel to Thailand. Earlier this week, the US CDC added Thailand to its list of Level 4 countries, due to the ongoing Covid situation in the kingdom. However, Yuthasak Supasorn from the Tourism Authority of Thailand says that won’t make much of a difference to an…

  • Thailand News

    Thai government to ease tax rules for investments in digital assets

    The Thai government has approved the easing of tax rules for digital assets in order to promote and develop the industry. The move comes amid a surge in cryptocurrency trading in the kingdom, according to a Reuters report. Finance Minister Arkhom Termpittayapaisith says the relaxed rules means cryptocurrency traders can offset annual losses against gains in the case of taxes…

  • Thailand video news

    Thailand News Update | Only Fans Girl “Shoots herself in the foot”

    The cabinet eventually caved in this week by agreeing to cut the excise tax on diesel by three baht per litre, from the current 6 baht tax. This will for up to three months to help ease the impact of high energy prices on the cost of transport and consumer goods in Thailand.The cabinet approved halving the price until May…

  • 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…

  • Thailand News

    Cryptocurrency ban in China fuels Thailand’s crypto mining boom

    China’s recent ban and crackdown on cryptocurrency has fuelled a cryptocurrency mining boom in Thailand as small investors quickly buy up the equipment that are now useless in China. In September, China’s central bank declared all digital currency trading and mining illegal. Some of the largest Bitcoin mining operations in the world relocated while many smaller miners are now selling…

  • Thailand News

    Bank of Thailand concerned with banks trading in digital assets

    The Bank of Thailand said they don’t want commercial banks to directly trade in cryptocurrency and digital assets due to their extreme volatility. Thai lenders have been investing more and more in digital asset exchanges in Thailand with several banks making deals in the digital currency space. Siam Commerical Bank recently purchased a 51% share of Bitkub for 17.85 billion…

  • Property

    Crypto and digital nomads could boost Thailand’s real estate market

    As cryptocurrency is the new payment option of the modern era, many real estate developers are now supporting their payments through it. And, as it is still new to the Thai real estate market, experts say its growth potential is huge. As it can serve as a new alternative to real estate trading, it can help real estate developers offer…

  • Thailand News

    Thai authorities issue warning on Trang temple’s cryptocurrency

    Cryptocurrency investors in Thailand are being warned not to invest in Somdejcoin, or SDC, which is named after a revered Buddhist monk and developed by a temple in the southern province Trang. Thailand’s Securities and Exchange Commission, or SEC, issued an official statement yesterday warning traders and investors about the decentralised finance token, claiming that the coin’s investment data is…

  • World News

    7 people arrested over kidnap and torture of a cryptocurrency investor in Hong Kong

    Seven people were arrested by Hong Kong police on Sunday over alleged involvement in the kidnap for ransom and torture of a man who was entangled in a cryptocurrency scam. According to police, the victim was badly beaten and assaulted with hammers and metal chairs by a gang and held captive for about a week. The 39 year old victim…

  • World News

    Indonesian religious council forbids crypto for Muslims

    While cryptocurrency is growing steadily in popularity, Indonesia’s council of religious leaders have announced that crypto and digital assets are banned for Muslims. Indonesia holds the largest Muslim population of any country in the world, and the National Ulema Council is the religious authority that makes decisions based on Shariah law. In their deliberation and consultation with experts, they determined…

  • 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…

  • Economy News

    Bitkub company and crypto-coin value surges as SCB buys 51% of shares

    Cryptocurrencies just got a big boost in Thailand as Siam Commercial Bank Group’s parent company SCBX struck a deal to take over 51% of shares of Bitkub from its parent company Bitkub Capital Group Holdings, a deal valued at 17.85 billion baht. SCB Securities will hold the shares and collaborate with Bitkub to create a national infrastructure with a digital…

  • Thailand News

    Leading Thai shopping centre developer exploring cryptocurrency rollout

    Thai retailer Central Retail Corp is piloting a digital currency based on blockchain technology, which it is currently rolling out to employees around the world. Bloomberg reports the cryptocurrency, dubbed “C-Coin”, is being distributed to Central’s 80,000 global employees on merit, in addition to their usual compensation, with it able to be used in place of cash at restaurants or…

  • Thailand News

    Plans for digital or crypto assets – the TAT Coin – to grow tourism

    The Tourism Authority of Thailand is considering jumping into the world of digital assets by launching its own tourism-based utility token called the TAT Coin. Crypto is often looked at as the way of the future, and traders are considered high-value, big-spending tourists, especially those that work as digital nomads and stay long-term. Discussions are underway with the Securities and…

  • 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…

  • Economy News

    SEC fears cryptocurrency trading by inexperienced traders

    The Securities and Exchange Commission in Thailand is worried about crypto investor ignorance as cryptocurrency trading volume in Thailand surged to 700 to 800 billion baht over the past 10 months. The chief executive of Zipmex Thailand predicted trading will hit 1 trillion baht by the end of 2021. At the PostToday Cryptocurrency Forum 2021 yesterday the Zipmex executive said…

  • 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…

  • Economy News

    Lungtoo, A PM Prayut-themed Thai meme crypto, debuts

    For those looking to get into the cryptocurrency craze in the shadiest way possible while also offending the Thai government, the perfect option now exists. Say hello to Lungtoo, the newest meme crypto be making its way through the Thai blockchain community. The name is pronounced like the Thai translation of Uncle Tuu, the affectionate nickname given to PM Prayut…

  • Economy News

    Thailand requires in-person registration for cryptocurrency

    Thailand has launched new regulations for anybody opening a cryptocurrency account that requires physical registration and forbids online setup. The Anti-Money Laundering Office created this rule that goes into effect in September 2021 in an effort to reduce money laundering, a practice that plagues crypto. People registering a cryptocurrency account in Thailand will be required to scan their Thai ID…

  • Thailand News

    Covid-19 brings surge in gold and cryptocurrency investment

    In the uncertain times of the Covid-19 pandemic, investors are leaning towards safe investments like gold and also the emerging cryptocurrency market. Gold prices hit a 7 week high at over 55,000 baht on Thursday and around April 15 online gold transactions in Thailand doubled. One reason for the rise in gold price is uncertainty, with tensions growing between the…