Japanese crypto exchange DMM Bitcoin said it had lost bitcoin worth around $300 million in what it described as “an unauthorized leak” from its digital wallet.
📢 Self Custody 📢
Since Damus or Primal can't store my video for publishing, here is a YouTube link of my new Bitcoin staffing explainer video, which kind of defeats the purpose of Nostr 🤪
Thailand's SEC Bans Crypto Firms From Offering Staking and Lending Service
https://au.sports.yahoo.com/finance/news/thailands-sec-bans-crypto-firms-081857395.html
Five suspects captured in Thailand for $76M crypto investment fraud
According to the Bangkok Post, Thailand’s SEC has chosen not to allow spot bitcoin exchange-traded funds (ETFs). This approach resembles South Korea’s, which also decided against allowing such ETFs in its domestic markets.
It took me 1000 hours to really grasp what this photo was about.
#Bitcoin 
We need more source details and color here but fascinating if any part of this is true. I’m following for further developments. “Contrary to the above measures, the Thai government is trying to offer Russian tourists alternative cryptocurrency settlement options. This was demonstrated by PTA President Bhummikitti Ruktaengam who stated that digital assets could be used as a payment option if the transaction was canceled.”
นี่คือภาพรวมของการอนุมัติการขุดบิตคอยน์ที่บ้านเด็กในภาคเหนือของไทย nostr:note1pxw6fnvtq3rtjdnqym5g9ez0wzu4v0x6jug8tv7qedttqs4ayw0s22m56h
“The alleged bitcoin miners were accused of stealing electricity, and inflicting more than 5 million baht in losses to the electricity authority”
Chiang Mai, Thailand 🔶 
At the KFC Children's Home within the Chiang Mai district of Thailand, Bitcoin mining isn't just about harnessing digital technology; it's about opening doors to a brighter future. We're excited to share with you the latest endeavor that promises to make a lasting impact.
Our journey with Bitcoin mining began not as a quest for profit, but as a commitment to serve disadvantaged hill tribe communities in Northern Thailand. While the economics of running a single miner might seem modest, our objectives extend far beyond monetary gains. Thanks to generous donations, we acquired the necessary equipment without bearing the cost. Moreover, repurposing an unused space within the Children's Home presented an opportunity we couldn't pass up. Of course, there are challenges, from the sound of the machine to the heat it emits. Yet, these are minor obstacles compared to the transformative potential of Bitcoin mining as a tool for empowerment.
Through dedicated education and building trust, we've seamlessly hooked up a single Bitcoin miner with a lightning wallet, enabling seamless online donations. This has opened up avenues for direct contributions from anywhere in the world, without the need for intermediaries or centralized approval.
What's truly remarkable is the direct connection this initiative offers to marginalized communities into the new digital economy. We've dedicated time and effort to run a sort of Bitcoin mailbox, capable of receiving value 24 hours per day from anywhere in the world, without requiring permission from any centralizing force. It's a gateway to financial inclusion and opportunity for those who need it most.
In just our first day, the response was encouraging. Strangers from across the internet rallied behind our cause, demonstrating the power of collective goodwill sending Satoshis to the miners' lighting address. With minimal operational costs, the profits from mining will directly support the Children's Home, easing energy expenses and ensuring continuous connectivity to the Bitcoin Network.
Is it worth it, you may ask, for a mere $1.35 -$1.50 profit per day? The answer lies in our collective vision for a more inclusive and digitally empowered future. Whether it's shedding light on marginalized communities, opening up a new portal charitable giving or igniting curiosity in young minds, the impact of Bitcoin mining transcends mere financial returns.
Personally, I believe Bitcoin mining stands as a symbol of hope in the modern era, offering financial freedom to millions worldwide.
The energy invested worldwide pales in comparison to the potential it holds for positive change. It's not just worth it - it's essential.
Thank you for joining us on this journey of empowerment through Bitcoin mining. Together, we're shaping a future where every child has the opportunity to thrive.
Warm regards,
Jimmy
lnurl1dp68gurn8ghj7ampd3kx2ar0veekzar0wd5xjtnrdakj7tnhv4kxctttdehhwm30d3h82unvwqhkkmmnw3ex7539lt7 
https://youtu.be/OPvtw_Ry9H4?si=cu5nnIzmB0ylm19V
If you're interested in supporting this project, feel free to donate to this locations specific Bitcoin⚡️ address:
lnurl1dp68gurn8ghj7ampd3kx2ar0veekzar0wd5xjtnrdakj7tnhv4kxctttdehhwm30d3h82unvwqhkkmmnw3ex7539lt7
Non Profit Bitcoin Mining ⛏️ at a Children’s Home in Omkoi, Thailand
“Even as Asian markets such as Hong Kong lean into permitting Bitcoin and Ether ETFs, regulators in Thailand are taking a hard line on unauthorised digital asset service providers.
The Thai Securities and Exchange Commission is intensifying its crackdown on rogue platforms by blocking access”
https://www.dlnews.com/articles/regulation/asia-crypto-crackdown-expands-to-thailand/
The Thai Securities and Exchange Commission has been instructed to share information on unauthorized digital asset service providers with the Ministry of Digital Economy and Society. The regulator warned investors using such platforms of the risks they face which include the possibility of being scammed or involved in money laundering.
Bitcoin adoption is happening as slowly as the Internet.
Using crypto or Bitcoin for fraud is unwise because transactions are irreversible, pseudonymous, and traceable, making it easy for authorities to identify and prosecute offenders.
Thailand to Block Access to 'Unauthorized' Crypto Platforms
The Thai SEC cited earlier decisions by nations like India and the Philippines.