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...
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...
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...
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 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,...
ALOR SETAR: More than 100 people were evacuated to temporary flood relief centres after their villages were hit by floods following several hours of heavy rain. In Kulim, 74 victims from 17 families in Kampung Padang Limau in Karangan were evacuated to the centre at Sekolah Agama Ihsaniah Jangkang which was activated at 12.12am on Friday...
KUALA BESUT: A German tourist drowned while swimming with her husband in Pulau Perhentian on Thursday (May 16) afternoon. Terengganu police chief Datuk Mohd Khairi Khairuddin said the victim, Dr Loosen-Freiling Iris,74, drowned while she was swimming with her husband at about 3.30pm. "During the incident, the victim’s husband, also a German, upon realising that his wife...
PETALING JAYA: A recruitment company is facing Industrial Court proceedings for failing to pay salary arrears to 733 Bangladeshi workers as directed in claim proceedings through the Human Resources Ministry. The proceedings were held on Feb 5 and the company was given 45 days to settle the outstanding amount of RM1,035,557.50 but had not done so...
ASTANA: Malaysia and Kazakhstan have agreed to continue strengthening their ties, established on March 16, 1992, and exploring new areas of cooperation. Prime Minister Datuk Seri Anwar Ibrahim said the agreement was reached during his meeting with Kazakhstan President Kassym-Jomart Tokayev at the President Palace (Ak Orda) yesterday, which was followed by a bilateral meeting of...
IPOH: A lorry driver was killed in a three-vehicle pile-up at KM367 southbound of the North South Expressway between Sungkai and Slim River. Perak Fire and Rescue Department operations centre officer-in-charge Nashuha Fahd Ahmad Mijar said the victim, who was driving a lorry that was transporting eggs, was found trapped in his vehicle following the incident...
