Author - James Lim

Perak Sejahtera 2030 development roadmap report card for past year being prepared, says MB

IPOH: The state is preparing its report card on the progress made on the Perak Sejahtera 2030 development roadmap plan over the past year. Perak Mentri Besar Datuk Seri Saarani Mohamad said the report card was meant to show the state's achievements between June 15 last year and June 15 this year. "We are in the process...

Two men caught trying to enter Istana Negara with machete

KUALA LUMPUR: Two men had allegedly tried to trespass into Istana Negara with a weapon in their car. City police chief Comm Datuk Rusdi Mohd Isa said that police stopped the two men who had tried to enter the palace compound on Jalan Sultan Abdul Halim via Gate 3 around 4.40pm on Friday (May 17). Two men...

Ulu Tiram attack: Beef up security at public places, urges Lee Lem Thye

PETALING JAYA: Following the deadly attack in Ulu Tiram police station by a Jemaah Islamiah-linked attacker, Tan Sri Lee Lam Thye has called for security in public places to be beefed up. The Alliance for A Safe Community chairman said that random acts of terrorism can take place anywhere stemming from extremism and radicalisation of groups. "The...

QuickCheck: Did a chase in Klang result in the arrest of a foreigner for drug possession?

A viral video shows the police chasing and successfully apprehending a suspect who tried to escape a motorcycle inspection during a routine patrol. It was said that the suspect was spotted at Jalan Batu Belah, Klang, but was arrested at Jalan Kapar Klang after he sped away with drugs in his possession. Is this true? TRUE According to the...

Immigration Dept raids illegal ewaste factory run by Chinese national

PETALING JAYA: The Immigration Department has busted an illegal ewaste factory run by foreigners during a raid on Thursday (May 16), said Immigration Department director-general Datuk Ruslin Jusoh (pic). He said the factory in Klang was raided following public complaints that it was operating illegally and had employed foreigners suspected to be victims of human trafficking. “The...

Bybit crypto exchange receives warning from AMF

The AMF, a French Financial Market Authority, has blocked user access to the Bybit website. The French Financial Market Authority (AMF) has blocked access to Bybit’s website, citing unauthorized operations in France. According to the AMF’s latest statement, Bybit crypto exchange is not authorized to provide digital asset services in France. The regulatory body mandates that digital asset...

Drift Foundation introduces DRIFT token with bonus airdrop

Solana-based decentralized exchange, the Drift Foundation, announced the release of its new DRIFT token and the start of airdrop claims. According to the foundation, the airdrop includes 120 million tokens, constituting 12% of the total 1 billion DRIFT supply. The allocation includes an additional 2% bonus of 20 million tokens, surpassing the quantity initially planned for last month’s airdrop. Cindy...

Report: Crypto influencer recommendations lead to losses

Recommendations from crypto influencers lead to losses, scientists from three universities said. According to Chinese journalist Colin Wu, the average accumulated return on positions opened based on signals from crypto influencers in X after 10 and 30 days decreased by 2.24% and 6.53%, respectively. Representatives of Indiana University, Harvard Business School, and Texas A&M University cite these...

Senate approves reversal of SEC crypto custody bulletin

The U.S. Senate passed a measure to overturn an SEC bulletin on crypto custody standards, and it is now awaiting President Joe Biden’s expected veto. The Senate’s vote on Thursday ended with a 60 to 38 majority, falling short of the two-thirds needed to override a veto. Several Democrats supported the resolution, including Senate Majority Leader Chuck Schumer...

Tornado Cash developer appeals verdict, KOLs slam Dutch system

Tornado Cash developer Alexey Pertsev has reportedly appealed a guilty verdict in the Netherlands, a case that has sparked a wider discourse crypto privacy. Pertsev and his legal team, led by lawyer Keith Cheng, reportedly submitted an appeal against the 64-month sentence for allegedly facilitating over $2.2 billion in money laundering through the Ethereum-powered crypto mixer,...