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Short Position 28 Apr 2018 | 12:00 AM

Jumping the gun?

NEWS that ride-sharing service firm Decentralized Alternative Cabs Serving & Empowering Everyone (Dacsee) is planning its first initial coin offering (ICO) in Malaysia despite no-gos from authorities has raised eyebrows.

Cryptocurrency 18 Apr 2018 | 9:20 AM

Europe’s venture capitalists embrace virtual currency craze

LONDON: Some of Europe’s biggest venture capital firms are buying into sales of new virtual coins or asking their investors to give them the freedom to do so, in a sign of mainstream investor backing for the booming but controversial crowd-funding tool.

Cryptocurrency 12 Apr 2018 | 7:06 AM

US$658m cryptocurrency fraud allegation spurs Vietnam probe

HANOI: Vietnam’s deputy prime minister ordered an investigation into allegations of a cryptocurrency scam involving $658 million, the latest report of fraud to hit the lightly regulated market for initial coin offerings.

Business 12 Apr 2018 | 12:00 AM

Big Four consulting firms dip a toe in initial coin offerings

NEW YORK: Initial coin offerings have raised billions of dollars for startups while attracting criminals and authorities around the globe. Now, the young market may get some help cleaning up from the Big Four consulting firms.

Business 06 Apr 2018 | 12:00 AM

Japan unveils guidelines for allowing ICOs

TOKYO: Japan is moving toward legalising initial coin offerings (ICOs), even as countries such as China and the United States restrict the fundraising technique because of their risks for investors.

TECH 03 Apr 2018 | 1:30 AM

Switzerland at epicentre of cryptocurrency revolution

Switzerland has become a global hub for cryptocurrencies and the blockchain technology they are built on, with investors flocking to the wealthy Alpine nation to get in on the virtual action.

Cryptocurrency 30 Mar 2018 | 4:35 AM

Bitcoin falls below key US$7,000

LONDON: Bitcoin’s miserable quarter isn’t over yet.

Business 30 Mar 2018 | 12:00 AM

Thailand to regulate digital coins from April to guard investors

BANGKOK: Thailand will impose rules on cryptocurrencies and initial coin offerings (ICOs) from April to bolster investor protection, the military-run nation’s Securities and Exchange Commission said.

TECH 28 Mar 2018 | 12:30 AM

Twitter bans crytocurrency ads on fraud fears

Twitter announced a ban on ads for initial offerings of cryptocurrency or sales of virtual currency tokens, sending the value of bitcoin diving below US$8,000 (RM30,999).

Corporate News 26 Mar 2018 | 10:50 PM

Twitter to ban cryptocurrency ads from Tuesday as online crackdown widens

LONDON: Twitter Inc will start banning cryptocurrency advertising from Tuesday, joining Facebook and Google in a clampdown that seeks to avoid giving publicity to potential fraud or large investor losses