Posts Tagged ‘cryptocurrency’

Bitcoin tops $12,000 level for first time since January 2018

by BLOOMBERG / pic by BLOOMBERG
Bitcoin continued its torrid rally Wednesday, surpassing the $12,000 level for the first time in almost a year and a ...

Bitcoin adds market share as crypto winter turns to summer

PORTLAND • Bitcoin is proving to be the one true thing for digital-asset enthusiasts during the sudden resurgence in cryptocurrency prices.
As the ...

Bitcoin vaults above US$7,000 on crypto rally

SINGAPORE • Bitcoin jumped above the US$7,000 (RM29,190) level, as its longest winning streak since 2013 continued to rekindle the global cryptocurrency ...

Binance reports hack of 7,000 bitcoins

By BLOOMBERG
HONG KONG • Binance, one of the world’s largest cryptocurrency exchanges, said hackers withdrew 7,000 bitcoins worth about US$40 million ...

Bitcoin near US$6,000 as more institutions embrace tokens

By BLOOMBERG
MADRID • Bitcoin climbed to a fresh 2019 high, approaching the US$6,000 (RM24,900) level for the first time since November. The largest ...

China plans to ban cryptocurrency mining

By BLOOMBERG
HONG KONG • China signalled its intent to ban cryptocurrency mining, dealing a fresh blow to an industry buffeted by tumbling virtual ...

Crypto lenders push no-tax perk of leveraging bitcoin for cash

The tax perk stems from a longstanding principle that assets aren’t taxed until sold, much like borrowing against stock holdings and IRS treats crypto ...

Bitcoin hits fresh 2019 high on sudden rally

By BLOOMBERG
HONG KONG • Cryptocurrency traders may not know what caused the abrupt surge in bitcoin on Tuesday, but they’re going along for the ride ...

Bitcoin up to highest level since November

By BLOOMBERG
HONG KONG • Bitcoin climbed suddenly yesterday to the highest level since November, leading a surge in virtual currencies and ending three ...

Asset-backed cryptocurrency — a blockchain regulatory mechanism

A law to ensure only that amount of cryptocurrency can be in circulation by a company for which it has sufficient backing of physical assets should be ...

Crypto exchanges vulnerable to cyber attacks

By LYDIA NATHAN / Pic By BLOOMBERG
CRYPTOCURRENCY exchanges are the most vulnerable targets for cyber criminals, accounting for 27% of incident reports ...

A digital currency law that 
is fair

By FARA AISYAH / Pic By TMR
Country Heights Holdings Bhd will wait for the digital token framework to be issued by the Securities Commission Malaysia ...