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Cryptocurrency 02 Feb 2018 | 5:43 AM

Bitcoin’s huge arbitrage play just vanished as Korea bubble pops

SEOUL: Bitcoin’s brutal start to the year is proving especially painful in South Korea.

Cryptocurrency 02 Feb 2018 | 5:36 AM

Bitcoin falls to US$8,534 lowest since Nov 22

BITCOIN continued to come under pressure on Friday and fell to a low of US$8,534 on Friday, the lowest since Nov 22, 2017.

Cryptocurrency 02 Feb 2018 | 4:23 AM

Japan authorities raid Coincheck after US$500m heist

TOKYO: Japan’s Financial Services Agency raided Coincheck Inc.’s offices a week after the cryptocurrency exchange lost about $500 million to hackers, hauling out documents and computers as evidence.

Cryptocurrency 02 Feb 2018 | 12:00 AM

Cryptocurrency investors need to learn more about exchanges

PETALING JAYA: Cryptocurrency exchanges are hogging the news. A few weeks ago, two large exchanges operating in Malaysia saw their local accounts frozen pending an investigation by the tax authorities.

Business 02 Feb 2018 | 12:00 AM

Bitcoin’s big wipeout erased US$44bil of value in January

HONG KONG: Bitcoin is proving that cryptocurrencies can erase wealth as fast as they create it.

Cryptocurrency 01 Feb 2018 | 7:31 AM

Bitcoin’s big wipeout erased US$44bil of value in January

HONG KONG: Bitcoin is proving that cryptocurrencies can erase wealth as fast as they create it.

Cryptocurrency 01 Feb 2018 | 7:10 AM Premium

Bitcoin has its worst month in three years

BITCOIN gripped the investing world last year like no other asset class in recent memory, minting new millionaires, sparking a pivot to blockchain technology and attracting a wave of interest from institutional investors.

Business 01 Feb 2018 | 12:00 AM

Samsung unveils stock split and record profit

SEOUL: Samsung Electronics Co Ltd has announced its first stock split and said it expects demand for semiconductors to remain strong in 2018, as it posted record annual profit driven by a so-called memory chip “super-cycle”.

Cryptocurrency 01 Feb 2018 | 12:00 AM

Carney says no to cryptocurrency anonymity

LONDON: Bank of England governor Mark Carney said cryptocurrency payments are often used for money laundering or other illicit activity and he’s against users having their identities kept secret from authorities.

Cryptocurrency 31 Jan 2018 | 9:53 AM

Seoul not banning cryptocurrency exchanges, uncovers US$600m illegal trades

SEOUL: South Korea's finance minister said the government has no plans to shut down cryptocurrency trading, welcome news for investors worried that authorities might go as far as China's tough action in blocking virtual coin platforms.