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TECH 03 Aug 2016 | 7:14 AM

Bitcoin tanks after Hong Kong exchange breach

A major Hong Kong-based Bitcoin exchange has suspended trading after US$65mil (RM264.15mil) in the virtual unit was reportedly stolen by hackers – sending the digital currency plunging more than 20%.

Banking 03 Aug 2016 | 8:01 AM

Bitcoin tumbles after HK exchange ‘hacked’

HONG KONG: A major Hong Kong-based Bitcoin exchange has suspended trading after US$65mil (RM263mil) in the virtual unit was reportedly stolen by hackers -- sending the digital currency plunging more than 20%.

TECH 31 Aug 2016 | 1:00 AM

Cyber threat grows for bitcoin exchanges

When hackers penetrated a secure authentication system at a bitcoin exchange called Bitfinex earlier this month, they stole about US$70mil (RM283.6mil) worth of the virtual currency.

TECH 08 Sep 2016 | 10:00 PM

Fund tracking index of digital currencies like bitcoin to launch

A London-based start-up said it would launch the first fund to track an index of digital currencies such as bitcoin in the coming weeks.

TECH 26 Sep 2016 | 1:02 AM

IBM, China UnionPay complete block chain pilot project on bank loyalty points

IBM completed a pilot project with Chinese credit card company China UnionPay that will facilitate the sharing of loyalty bonus points among banks using block chain technology.

AseanPlus News 17 Nov 2016 | 2:47 PM

China’s central bank steps up efforts to create digital currency

The People’s Bank of China is cautious about digital money beyond its control, such as Bitcoin, and is researching benefits of its own sovereign digital currency

Business 08 Dec 2016 | 12:00 AM

It’s the blockchain not the bitcoin

MANY of us have heard of bitcoin. And many must be wondering if it’s the new currency of the future and that it makes a good investment bet, especially in times when other more “normal” currencies are volatile and our own ringgit seems to be depreciating. But then is bitcoin really legal? In many countries, Malaysia included, bitcoins are not accepted as a fiat currency.

Business 17 Dec 2016 | 12:00 AM

Short position

A BERNAMA report noted this week that some 1,574,700 borrowers who failed to repay their National Higher Education Fund Corporation (PTPTN) loans, totalling RM32.07bil, have been listed in the Central Credit Reference Information System (CCRIS).

Business 22 Dec 2016 | 12:00 AM

Philippines mulling bitcoin regulation as remittance use surges

MANILA: The Philippines is considering regulations for digital currencies as the government seeks to bolster protection for the increasing number of overseas Filipinos using bitcoin and its counterparts to send money home.

Corporate News 05 Jan 2017 | 6:37 AM

Bitcoin: some key questions

HONG KONG: The value of bitcoin surged above US$1,100 on Thursday as the digital unit continues a dizzying rise that made it the best-performing currency of 2016.