According to PANews, Thai Central Investigation Bureau (CIB) officials confiscated 63 illegal cryptocurrency mining machines last Friday, valued at approximately 2 million baht ($60,000). The equipment was discovered in three abandoned houses in Pathum Thani province. Local residents had reported unidentified individuals stealing electricity from power poles and transformers in the area, prompting the raid. It is suspected that the stolen electricity was used for cryptocurrency mining operations hidden within the abandoned buildings. Investigators estimate that the stolen electricity resulted in losses exceeding 11 million baht ($327,000) for the power authority. In addition to the mining equipment, police seized three cryptocurrency mining controllers, three routers, three internet signal boosters, three modified electricity meters, a desktop computer, a laptop, and two bank passbooks. No arrests were made as the mining operations were remotely controlled. However, evidence linked the illegal activities to a luxury residence in the Ram-Indra Soi 65 area of Khan Na Yao district, Bangkok. CIB officials have applied for a search warrant to raid the associated residence to identify the ringleader and other accomplices. Authorities highlighted that, beyond the financial damage to the power sector, the illegal mining operations posed significant fire hazards due to the high electricity consumption and lack of supervision.

The South Korean Central Bank, the Bank of Korea (BOK) says it is “not considering” creating a national strategic Bitcoin reserve. The post South Korean Central Bank ‘Negative’ About Launching Strategic Bitcoin Reserve appeared first on Cryptonews. source: https://cryptonews.com/news/south-korean-central-bank-negative-about-launching-strategic-bitcoin-reserve/

On Mar 16, 2025, 23:07 PM(UTC). According to Binance Market Data, Bitcoin has dropped below 82,000 USDT and is now trading at 81,999.992188 USDT, with a narrowed 2.79% decrease in 24 hours.

أشار محللو “CryptoQuant” إلى إشارات تدل على احتمال دخول سعر البيتكوين (BTC) في سوق هابطة، استنادا إلى مقاييس التقييم على شبكة التوريد. رغم أن التصحيح الحالي يعد أمر مألوف مقارنة بدورات الصعود السابقة، إلا أن البيانات تشير إلى ضعف غير معتاد في الزخم الصاعد للبيتكوين. أوضحت “CryptoQuant” أن مؤشر دورة السوق ومقياس “Z-score” لنسبة القيمة … The post منصة “CryptoQuant” تنشر مؤشرات تظهر أن البيتكوين... source: https://arab-btc.net/bitcoin-may-be-at-the-start-of-a-bear-market/

Bitcoin is approaching a crucial decision point as it consolidates inside a rising wedge pattern. source: https://ambcrypto.com/bitcoins-rising-wedge-formation-will-btc-break-higher-or-face-rejection/

Binance’s Sonala (SOL) balance between August 2024 and March 2025 and was extremely characteristic of an accumulation pattern. It was highest in August 2024, and dropped progressively from December 2024, to the low in early January 2025. The fall fits the narrative that Binance offloaded Solana to create a price valley. Starting from January 2025, […] The post Binance Accumulating Solana, Will... source: https://www.thecoinrepublic.com/2025/03/16/binance-accumulating-solana-will-price-bounce/

According to the proposal, only investors who have at least $1.1 million can participate in the experimental regime. source: https://cryptopotato.com/bank-of-russia-to-allow-select-investors-to-trade-crypto/

According to Cointelegraph, four individuals have been charged in connection with a home invasion targeting online streamer Amouranth, whose real name is Kaitlyn Siragusa. The incident involved armed assailants demanding access to her cryptocurrency holdings. The suspects, identified as Dylan Nesho Campbell, Bryan Anthony Salazar Guerrero, and two minors aged 16 and 17, face charges of aggravated kidnapping and aggravated robbery with a deadly weapon. Siragusa reported that on the night of March 2, several armed individuals broke into her home, assaulted her, and held her at gunpoint, demanding the private keys to her cryptocurrency. Fortunately, her husband was on speakerphone during the invasion, which the intruders attempted to use to access a crypto app. Alerted to the situation, her husband armed himself and tried to determine the intruders' location within the house. Siragusa managed to lead the assailants around the home, convincing them to search for a cold storage device. During this time, she escaped upstairs to her husband, who was monitoring the situation through the home's security cameras. Once she was safe, her husband fired three shots at the intruders, likely injuring one, prompting them to flee before law enforcement arrived. The incident highlights the growing trend of kidnappings and armed robberies targeting cryptocurrency holders. Siragusa had previously disclosed to her online followers that she possessed approximately 211 Bitcoin, valued at over $20 million in November 2024, which may have made her a target for such crimes. This case is part of a broader pattern of crypto-related crimes. In January 2025, a UK court sentenced seven individuals for the kidnapping and extortion of a crypto investor, who was repeatedly assaulted and coerced into transferring funds over several months. Additionally, reports surfaced that Ledger co-founder David Balland was kidnapped in France and held for ransom before being rescued by authorities. These incidents underscore the increasing risks faced by cryptocurrency holders as criminals seek to exploit the digital asset's value.

This signals a shift towards strategic accumulation and reduced leverage. source: https://ambcrypto.com/altcoins-rise-higher-as-crypto-liquidations-stay-unusually-low-what-now/

Four suspects were charged in connection with the home invasion of online streamer Amouranth, whose real name is Kaitlyn Siragusa. The streamer says she was held at gunpoint by several individuals demanding that she hand over the private keys to her crypto.According to Fox 26, the suspects include Dylan Nesho Campbell, Bryan Anthony Salazar Guerrero and two additional suspects between the ages... source: https://cointelegraph.com/news/four-suspects-charged-home-invasion-streamer-amouranth?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Su Zhu and Kyle Davies, co-founders of the failed hedge fund Three Arrows Capital, have launched a new memecoin called *Three Arrowz Capitel*, which has raised concerns due to 84% of its supply being controlled by insiders. The token has already lost over 70% of its value since its launch, sparking fears of price manipulation and drawing criticism for the duo's controversial past and ongoing legal issues.