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TECH 15 Aug 2016 | 6:27 AM

'Grumpy hold-outs' could sink Bitfinex recovery plan after Bitcoin theft

Crypto-currency exchange Bitfinex's plan to impose losses on all its trading clients for the theft by hackers of US$72mil (RM289.37mil) in Bitcoin rests on two flawed pillars.

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.

Technology 08 Sep 2016 | 8:38 AM

Low tax Zug aims to become Switzerland's 'Crypto Valley'

The small Swiss canton of Zug, famed for the low taxes that have drawn multinational companies and hedge funds to its lakeside shores, is trying to turn itself into a hub for virtual currency firms.

Technology 24 Oct 2016 | 9:09 AM

Major banks mark first-ever international trade using blockchain tech

The first cross-border transaction between banks using multiple blockchain applications has taken place, Commonwealth Bank of Australia and Wells Fargo & Co said, resulting in a shipment of cotton to China from the United States.

Technology 25 Oct 2016 | 5:43 AM

'Siri, catch market cheats': Wall Street watchdogs turn to AI

Artificial intelligence programs have beaten chess masters and TV quiz show champions. Next up: stock market cheats.

TECH 15 Feb 2017 | 4:26 AM

Electric car boom spurs investor scramble for cobalt

Investors are buying up physical cobalt anticipating that shortages of the metal, a key component of lithium-ion batteries used in electrical cars, will spur prices to their highest levels since the 2008 financial crisis.

TECH 23 Feb 2017 | 11:30 PM

Six simple ways to break away from your phone more

Look, you already know why you shouldn't be on your phone so much. There's even evidence that people ages 18 to 24 send more than 100 daily text messages and check their cellphones about 60 times per day.

TECH 10 Mar 2017 | 2:57 AM

ING, SocGen to test LNG trading with blockchain in months

Banks ING and Societe Generale are in talks with traders to test liquefied natural gas (LNG) trading based on blockchain, the technology starting to shake up the traditional energy industry.

TECH 21 Mar 2017 | 10:00 PM

Inside Amazon’s battle to break into the US$800bil grocery market

“Very wasteful” isn’t a phrase usually associated with Amazon.com Inc but that’s exactly how a mechanical engineering student described its approach to selling bananas.

TECH 27 May 2017 | 4:00 AM

Digital wallet services gain rising acceptance

Tech giants' card-less payment services – including Apple Pay, Android Pay from Google and Samsung Pay – aim to ease the path to the truly digital wallet, and researchers project huge growth in adoption by retailers and consumers.