Crypto markets experience a wave of volatility as 24-hour liquidations eclipse the $500 million mark, impacting numerous traders worldwide. In a separate development, Thai police make a significant move by confiscating 1,000 Bitcoin mining rigs, showcasing the ongoing global focus on cryptocurrency activities. These events underscore the dynamic and often unpredictable nature of the crypto world, highlighting both the risks and regulatory actions involved. Stay informed with these updates from The Block's daily newsletter.