Author - James Lim

Airport touts offer luxury ride to unsuspecting tourists, says JPJ

SEPANG: A luxury car was among the vehicles seized under special operations to get rid of airport touts by the Road Transport Department (JPJ). JPJ deputy director-general (Planning and Operations) Aedy Fadly Ramli said a luxury MPV was among the 10 cars seized during the department’s latest three-day operation against airport touts at Kuala Lumpur International...

Meme coin mania sees over 138 tokens launched in April

Meme coins remain a hot crypto narrative during this year’s second quarter, following staggering runs for popular tokens like Dogwifhat in the first quarter. Blockchain researcher Crypto Koryo noted that CoinMarketCap captured over 138 new memecoins launched under the ERC-20 standard last month. While the number grew more than seven times from April last year, CoinMarketCap only lists a...

Bitcoin whale moved $43m in BTC for 1st time in 10 years

A Bitcoin whale that has been dormant for over 10 years moved 687 BTC worth $43 million. According to Lookonchain data, the whale received 687.33 Bitcoins (BTC) on Jan. 12, 2014, valued at around $630,000 at the time when BTC’s price was $917. A decade later, the value of Bitcoin has increased almost 70 times, based on the current price...

Bitfinex CTO confirms no data breach, cites fake allegations

Bitfinex Chief Technology Officer Paolo Ardoino has confirmed that recent data breach allegations involving the cryptocurrency exchange were unfounded. Ardoino, addressing the rumors, stated unequivocally that Bitfinex’s user database remains secure following a thorough internal review over the weekend. The allegations surfaced last Saturday when Alice of Shinoji Research posted that Bitfinex had suffered a significant data breach. The...

All spot Bitcoin ETFs see inflows, analyst doubts dynamics will repeat

All 11 spot Bitcoin ETFs saw inflows for the first time since the launch in January. According to Bloomberg analyst Eric Balchunas, such dynamics were recorded on May 3. However, he expressed doubts that such dynamics would ever happen again. Balchunas emphasized that despite the previously recorded outflow of capital from spot Bitcoin ETFs and Bitcoin’s (BTC) fall below $60,000, more...

Racing against time to stop JB city centre ‘choking in traffic’

JOHOR BARU: Johor is racing to come up with feasible ways to address the heavier traffic volume expected here when the Rapid Transit System Link (RTS Link) starts operating in about three years, says state executive councillor Lee Ting Han. The Johor investment, trade, consumer affairs and human resources committee chairman said that the elevated Autonomous...

Earn the pay hike, says PM

Civil servants urged to identify bad behaviour among their ranks PUTRAJAYA: Prime Minister Datuk Seri Anwar Ibrahim has urged civil servants to maintain their integrity to justify the recognition and confidence accorded to them by the government through salary adjustments under the Public Service Remuneration System (SSPA). He said civil servants should identify colleagues who tarnish the...

KKB Polls: KKB by-election too close to call

Campaigns expected to kick into high gear after slow start, say analysts HULU SELANGOR: With four days to go, the outcome of the Kuala Kubu Baharu by-election is still too close to call, says analyst Tunku Mohar Tunku Mohd Mokhtar. “There is also no guarantee that DAP will retain the seat, especially when there are worries of...

King and Queen in S’pore for maiden state visit

SINGAPORE: The King and Queen of Malaysia, His Majesty Sultan Ibrahim and Her Majesty Raja Zarith Sofiah, arrived in Singapore yesterday for a two-day state visit to the republic. The state visit, the first since His Majesty’s ascension as the Yang di-Pertuan Agong on Jan 31, was at the invitation of Singapore President Tharman Shanmugaratnam. Sultan Ibrahim...

Anwar calls for a unified response

PM wants global reaction to current defence and security-related challenges KUALA LUMPUR: Datuk Seri Anwar I The Prime Minister reiterated that Malaysia would continue to observe the principle of neutrality in its relations, specifically within Asean, the West, China, Africa, Latin America and the rest of the world. “These escalating threats are pushing the world towards an unprecedented...