Thai police extend probe into bilking of bitcoins from Finn


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We recommend noncustodial wallets for long-term cryptocurrency users and investors. These are custodial wallets, however, where you don’t hold the private key. That noted, if you’re just dipping a toe, services such as PayPal and Robinhood allow you to buy a coin or fractions of a coin and store it on their servers. If you want to invest in cryptocurrency, you should invest in a wallet.

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24, China’s Central Bank declared all crypto-related transitions illegal, citing concerns about gambling fraud and money laundering. The move sparked a sharp drop in markets; some investors raced to dump their holdings, and the price of Bitcoin fell nearly 10% after the announcement, before quickly regaining some lost ground.  The epicenter of Bitcoin mining has called it quits.

Crypto exchanges are now struggling to figure out how to deal with Chinese customers. Coinbase, which is one of the most prominent US-based cryptocurrency exchanges, did not publicly comment on the ban. But investors shunned its debut bond sale in the wake of the announcement, according to Bloomberg. China’s ban extends to crypto exchanges that do business with Chinese citizens — even if they’re located outside of China. How does the ban impact cryptocurrency exchanges?

Jiratpisit turned himself in Monday to formally hear fraud charges. Police have indicated they will question more suspects this week. On Monday, they questioned the siblings’ parents about money they had received in their bank accounts suspected of having come from the alleged scam.

If you want it, chances are you are going to pay extra for it.  The NHL Network is not included in many basic streaming services or cable packages and is not available at all on Hulu Plus Live TV and YouTube TV.

Bitcoin value will rocket to $100,000, says lingerie tycoon… Beware the Bitcoin bubble, warns City watchdog after th Bitcoin price breaks $10,000 for the first time sparking… ‘My cryptocurrency investment has gone up 40% in a…

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While the lack of oversight is an attractive feature to some investors, it’s important to know that bitcoin and other cryptocurrencies are highly volatile, experience dramatic price swings on a daily or even hourly basis and lack many of the protections of other forms of investment. Cryptocurrency is subject to far less regulation than conventional investments and securities. The risks are significant.

Disney (ABC, ESPN and Hulu) and Turner Sports (TNT, TBS) signed long-term deals to share coverage of the NHL beginning this season. Those looking to follow the drama from home will find that the way to watch NHL games on TV has changed from previous years. NHL games no longer appear on NBC networks.

Instead, the bitcoins were cashed into Thai baht and deposited into 51 bank accounts belonging to seven people, with some of the money used by the Jaravijits to buy land in and near Bangkok, the court documents say.

In contrast, the US accounted for 16.8% of the world’s crypto mining during that same month.  How central is China to cryptocurrency mining? Until now, most of the world’s crypto mining has taken place in China, with the US in a distant second place. In April 2021, 47% of all crypto mining happened in China, according to the University of Cambridge.

In 2019, China’s state planner expressed interest in banning Bitcoin mining. More recently, China has taken aim at crypto-mining operations within its borders. It’s still unclear how the ban will affect e-CNY, China’s own state-backed digital currency. And earlier this year, the Chinese government outlawed crypto mining in various provinces — including the Bitcoin mining epicenter of Sichuan.

“In every investment, it’s very important to understand what type of asset you are investing in and what types of risks are associated with that asset,” Veerathai Santiprahhob, Thailand’s central bank governor, told reporters after the case became public.

Anti-money laundering officials say bitcoin are attractive for scams because encrypted transactions can be hard to trace, although officials have emphasized that this case did not involve that kind of cybercrime.

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