Author - James Lim

Tether’s Ardoino says ‘uninformed CEO’ spreads FUD about USDT

Tether CEO Paolo Ardoino says an uninformed executive behind a company being investigated by the SEC is being reported “spreading fear about USDT.” Tether boss Paolo Ardoino said in a recent post on X that an “uninformed CEO” is allegedly spreading a FUD about the firm’s stablecoin, USDT, in a bid to shake the company’s dominance in...

Why is crypto down today? A stablecoin shift appears on the horizon

The global cryptocurrency market is witnessing correction with some investors shifting focus to stablecoins. According to data provided by CoinGecko, the total crypto market cap slipped by 04% in the past 24 hours — falling from $2.38 trillion to $2.34. The global daily trading volume, however, increased by 27%, surpassing the $52 billion mark. Global crypto market cap –...

Chinese authorities arrest six suspects in $300m crypto fraud case

Authorities in China have arrested six individuals suspected of engaging in illicit cryptocurrency transactions amounting to 2.94 billion yuan — worth roughly $300 million. According to a May 10 report by local media outlet Chinanews, the suspects were taken into custody by The Public Security Bureau of Panshi in the Northeast Chinese province of Jilin. The authorities claim...

Mutang Tagal laid to rest at Fairy Park Miri Memorial

MIRI: Dewan Negara president Senator Datuk Mutang Tagal was laid to rest at the Fairy Park Miri Memorial, 33 kilometres from here on Monday. The funeral was attended by almost 1,000 people, comprising family and friends, as well as members of the public. Earlier, Mutang’s body was transported from the BEM Airport Road Church to the BEM...

Council set up to safeguard children in Sabah

KOTA KINABALU: A collaborative council has been formed by five associations to better protect children’s safety in Sabah. The Sabah Kindergarten Association, CHILD Sabah, Advocates for Non-Discrimination and Access to Knowledge, Partners of Community Organisations in Sabah, and Persatuan Perkhidmatan Taska Sabah signed a memorandum of understanding (MOU) for this purpose. Association chairman Sonia Chin said the...

Klang still recording over 100 dengue cases weekly

DENGUE cases in Klang have remained at a worryingly high number. Klang Royal City Council (MBDK) records show that there have been more than 100 cases a week over these last three weeks. The city council's Health Department director Azmi Muji attributed this to unusually warm weather and rain in the late afternoons, which created an ideal...

Dewan Rakyat has yet to receive notificaton on status of six Bersatu MPs, says Speaker

KUALA LUMPUR: The Dewan Rakyat has yet to receive any notification from Bersatu concerning the status of its six Members of Parliament (MPs) who had pledged support to Prime Minister Datuk Seri Anwar Ibrahim, following the amendment to the party constitution recently. Speaker Tan Sri Dr Johari Abdul said, as such, the status of the six...

Get used to my spot checks at entry points, says Johor MB

ISKANDAR PUTERI: The staff at Johor's entry points will just have to get used to his spot checks until commuters’ pain points are addressed, says Mentri Besar Datuk Onn Hafiz Ghazi. He said fixing the many legacy issues continuing to "haunt" commuters trumps the unhappiness some have over his presence and surprise visits. “I know many are...

Ex-policewoman who solicited bribe to close molest case fined RM8,000

KUALA LUMPUR: A former policewoman who accepted a RM6,000 bribe to shut down a molest case has been fined RM8,000 in default of 40 days' jail by the Sessions Court here. The accused, Nur Mastisha Maidinsha, 39 pleaded guilty to two counts of accepting bribes totalling RM6,000 from the father of a suspect in a sexual...

Building manager fined RM1,000 for impersonating Johor chief cop

KUALA LUMPUR: A building manager has been fined RM1,000 by the Magistrate's Court here for cheating an individual by impersonating the Johor police chief. The accused, A. Ganasean, 51, was charged with deceiving the victim in Bandar Baru Sentul here at 8.35pm on May 6 by impersonating the Johor police chief for the release of 11...