Elderly woman loses RM115,000 in bitcoin investment scam

SEREMBAN: A housewife, in her early 60s, lost her savings of RM115,000 after being duped in a bitcoin investment scam on the Accerx platform that promised lucrative returns. Port Dickson District Police chief Supt Aidi Sham Mohamed said the woman claimed that she dealt with an individual via WhatsApp in mid-December regarding the investment on […]

GFO-X, LCH SA offer trading, clearing of bitcoin index futures and options

KUALA LUMPUR: Global Futures and Options Ltd (GFO-X), the institutional-grade trading venue dedicated to digital asset derivatives, announced a strategic partnership with London Stock Exchange Group’s LCH SA, to launch the first centrally cleared trading venue for digital asset derivatives in the United Kingdom (UK). According to the UK FCA authorised and regulated GFO-X in […]

Fear grips crypto market as flagship Bitcoin nosedives

THE almost 4% decline in a day has the market at “extreme fear” level as Bitcoin, the flagship cryptocurrency, tumbled to its lowest level since February. The broader crypto market got painted red as it declined by almost 4% in a day.   In the past 24 hours, Bitcoin, down by over 3%, is on […]

Bitcoin jumps above $50,000 for first time since May

LONDON: Bitcoin rose back above $50,000 on Monday for the first time in three months after supportive news from payments giant PayPal and cryptocurrency platform Coinbase. The world’s most popular virtual unit jumped to $50,440 during Asian trade, before easing to $50,350 in early morning London deals. “Bitcoin continues its recent recovery, moving above the […]

Bitcoin machines worth RM5.3 mln destroyed

MIRI: Police have destroyed 1,069 machines worth RM5.3 mln used for bitcoin mining. District police chief ACP Hakemal Hawari revealed that the disposal of the machines was carried out at the Miri police headquarters (IPD). He also disclosed that police, along with Sarawak Energy Berhad (Sesco) personnel, raided six premises carrying out illegal bitcoin mining […]

Bitcoin price now surpasses $51,000

MOSCOW: The price of the Bitcoin cryptocurrency was growing over four per cent in the early hours of Monday, reported Sputnik. According to the CoinMarketCap portal, Bitcoin’s value went up 4.29 per cent to $51,141. Meanwhile Binance data showed that Bitcoin was trading up 4.2 per cent and was at $51,056 at 00:07 GMT on […]

Bitcoin edges towards $50,000 as markets, oil drop in Asia

HONG KONG: Markets fell in Asia on Friday in holiday-thinned trade with investors awaiting developments in US stimulus talks, while bitcoin hit a new record as it crept towards $50,000. Oil prices also retreated from their 13-month highs after investors were given a reality check on expectations for demand this year, despite expectations the global […]