Author - James Lim

Immigration Dept nabs 26 undocumented foreigners during ops in Johor

JOHOR BARU: The Immigration Department has detained 26 undocumented foreigners at 15 shophouses here. Its Johor director Baharuddin Tahir said an operation was carried out at an undisclosed location here at 12.05am on Tuesday (April 16) following a public tip-off. "According to the public information, a large group of foreigners were living in the area so we...

I was never investigated, yet MACC claims I committed a crime, says Dr M

PETALING JAYA: Tun Dr Mahathir Mohamad claims that graft busters are saying that he has committed an offence under Section 23 of the Malaysian Anti-Corruption Commission Act, according to a notice sent to his son. The former prime minister said this was despite Inspector-General of Police Tan Sri Razarudin Husain stating that he was not being...

Blockchain fraud group strikes again, launches fresh scheme on Blast network

A group known for its past blockchain fraud activities has reportedly launched a fresh scheme on Blast. According to ZachXBT, an on-chain detective, the group has moved approximately $1 million in laundered funds to Base to fuel its new scam. The unnamed group initially transferred the funds from an Ethereum (ETH) address linked to previous scams, from...

Binance exec on the run: Nigeria government pursues extradition from Kenya

The Nigerian government has located Binance executive Nadeem Anjarwalla in Kenya after he escaped custody. The government is now hoping to bring him back to Nigeria. Punchng.com, citing sources within the Nigerian presidency working on the case, confirmed that Anjarwalla’s whereabouts in Kenya are known. Efforts are underway to coordinate with Kenyan authorities to return him to Nigeria. Anjarwalla is believed...

Iran drone attack ripples through crypto markets, Bitcoin plunges 8%

After Iran’s April 13 drone attack on Israel, the crypto market reacted; Bitcoin (BTC) dropped more than 8% from its value to trade at $61,514. The latest correction marked the continuation of a trend that started on April 12 and worsened the next day. Analysts estimate the crypto market liquidated more than $860 million in assets over two days;...

Ethereum startup Aligned Layer clinches $2.6m in venture capital

Aligned Layer, a startup touted as a “universal verification layer for Ethereum,” confirmed Sunday, April 14, that it raised $2.6 million in seed funding. Lemniscap, a seven-year-old firm that has backed multiple companies in the crypto blockchain space, led the effort. The firm previously led the $2.4-million funding round for web3 startup Safary in January. Bankless Ventures...

Biden, Trump meme coins are on wildly different trajectories

A meme coin parodying President Joe Biden is up almost 271% over the last 30 days. Meanwhile, digital assets tied to former President Donald Trump — scheduled to appear in criminal court Monday, April 15 — are plummeting in value. Sales volumes for non-fungible tokens (NFTs) on Ethereum hit $536 million in the last 30 days, according to...

Iran-Israel conflict brings bear market, SEC to sue Uniswap, Bankman-Fried plans appeal | Weekly Recap

The unfolding conflict between Iran and Israel contributed to a collapse in crypto prices on Sunday, April 14. Last week, the Securities and Exchange Commission sent a Wells Notice to Uniswap, declaring intentions to sue the exchange amid increased regulatory efforts. Meanwhile, FTX founder Sam Bankman-Fried seeks to appeal his sentencing. The calm before the storm The...

Hong Kong approves spot Bitcoin, Ethereum ETFs by Bosera and HashKey

HashKey and Bosera International have received conditional approval from the Hong Kong regulator for two spot crypto ETFs, marking a pivotal moment for Asian investors. HashKey Capital and Bosera International have secured conditional approval from the Hong Kong Securities and Futures Commission (SFC) to offer spot Bitcoin and Ethereum exchange-traded funds (ETFs) in the region. In...

New phishing Exodus campaign targets Chinese crypto investors

Cybersecurity analysts have uncovered a new phishing campaign targeting crypto users by deploying FatalRAT alongside Clipper and Keylogger malware. Cyble Research and Intelligence Labs have uncovered a novel phishing campaign targeting Chinese crypto investors and organizations, with an emphasis on users of the Exodus crypto wallet. In a blog article, the cybersecurity experts revealed that unidentified threat actors...