Trump firm to start new cryptocurrency for shareholders
Trump Media and Technology Group Corp plans to issue a new cryptocurrency, which will be distributed among its shareholders.
How a man in the US lost US$500,000 in savings to an elaborate scam on the rise
Pig butchering scams have been tied to a rise in crime syndicate-run scam compounds, especially out of South-East Asia where the pandemic emptied out casino towns.
House plan sets tax harbour for some stablecoins
NEW YORK: A bipartisan House duo is drawing up a cryptocurrency tax framework that would provide a safe harbour for some stablecoin transactions and delay taxation of rewards earned by verifying blockchain transactions.
How a cryptocurrency helps criminals launder money and evade sanctions
Through layers of intermediaries, stablecoins can be moved, swapped and mixed into pools of other funds in ways that are difficult to trace, experts say.
US plan seeks tax safe harbour for stablecoins
WASHINGTON: A bipartisan US House of Representatives duo is drawing up a cryptocurrency tax framework that would provide a safe harbour for some stablecoin transactions and delay taxation of rewards earned by verifying blockchain transactions.
Bitcoin dips below US$90,000 as AI worries dent risk appetite
SINGAPORE: Cryptocurrencies tumbled on Thursday and bitcoin fell back below the $90,000 threshold in a renewed signal of market jitters as fresh concerns about artificial intelligence profits weighed on technology stocks.
Crypto traders seek out extra security as kidnappings rise
As the price of bitcoin and other cryptocurrencies has surged over the past three years, so too have so-called "wrench attacks" – the violent kidnappings, beatings, and even finger amputations used to coerce victims into surrendering their holdings.
Singapore must take bolder steps to maintain global financial hub
The city-state must seize opportunities such as launching a digital Singdollar to continue punching above its weight on the global financial stage, according to former DBS chief executive Piyush Gupta.
TMJ launches ringgit-backed blockchain stablecoin RMJDT
JOHOR BARU: Bullish Aim Sdn Bhd, chaired and owned by Johor Regent Tunku Ismail Sultan Ibrahim, has launched RMJDT, a ringgit-backed stablecoin issued on Zetrix, the core Layer-1 blockchain underpinning Malaysia's national Malaysia Blockchain Infrastructure.
Bitcoin miners hunted after stealing US$1bil of electricity from Malaysian grid
In Malaysia's illegal crypto mining hotspots, the hunt begins in the sky.
