Bitcoin Miners Busted in $1.1B Theft
Malaysia’s crackdown on illegal Bitcoin mining reveals $1.1B power theft, with 14,000 operations found in five years; Thailand dismantles a $8.6M scam-linked mining setup. #Breaking #Legal
Focuses exclusively on news and developments pertaining to Bitcoin, the first and most prominent cryptocurrency.
Malaysia’s crackdown on illegal Bitcoin mining reveals $1.1B power theft, with 14,000 operations found in five years; Thailand dismantles a $8.6M scam-linked mining setup. #Breaking #Legal
Rising U.S. debt shifts institutional focus to $BTC as a hedge; Bitcoin Hyper ($HYPER) leverages Solana VM for fast transactions and smart contracts. #Update #Crypto $BTC
Bitcoin miners see relief as hashprice rebounds from recent lows, maintaining hashrate between 1,050 and 1,100 EH/s. #Update #Crypto $BTC
BlackRock CEO Larry Fink disclosed that sovereign wealth funds are accumulating Bitcoin for long-term positions, reflecting a strategic integration of crypto assets. #Update #Crypto $BTC
@YPF is exploring cryptocurrency payments at its gas stations, reflecting Argentina’s growing crypto adoption. A partnership with a crypto exchange is planned for seamless transactions. #Update #Crypto
@PortalToBitcoin raised $25M and launched an HTLC-based atomic OTC desk for trustless, cross-chain large trade settlements. #Update #Crypto $BTC
Thai authorities seized $8.6M in Bitcoin mining equipment linked to Chinese scam networks in Myanmar, uncovering 3,642 rigs used for laundering illicit funds. #Breaking #Legal
Bitcoin fluctuates between $92,607 and $93,071 with a market cap of $1.85 trillion and trading volume at $73.53 billion. #Update #Crypto $BTC
Calls for a presidential pardon for Samourai Wallet developers Keonne Rodriguez and William Lonergan Hill are growing, with over 3,200 petition signatures urging intervention before their prison term begins in January 2026. #Update #Crypto $BTC
Washington regulators order @Coinme to repay $8M in unclaimed vouchers, facing license revocation and fines for violating money-transmission laws. #Breaking #Legal
Eric Trump predicts $BTC could reach $500,000, maintaining confidence in the ABTC strategy. #Update #Crypto $BTC
The Bitcoin Policy Institute calls for a presidential pardon for Samourai wallet developers Keonne Rodriguez and William Lonergan Hill, as a petition surpasses 3,200 signatures ahead of their prison sentences in January 2026. #Update #Crypto $BTC
US Senator Cynthia Lummis hints at potential US Bitcoin accumulation with a Bitcoin-themed post, sparking speculation about strategic reserves. #Update #Crypto $BTC
BlackRock CEO Larry Fink admits past errors on Bitcoin, calling it an “asset of fear” tied to safety concerns. Recent volatility linked to macro shifts; IBIT options open interest reaches 7.9M contracts. #Update #Crypto $BTC