KOTA KINABALU: Several flights have been reinstated and airlines are arranging to fly out nearly 20,000 stranded passengers at the Kota Kinabalu International Airport. AirAsia resumed several flights travelling from various locations in the country, including inbound flights from as far as Hong Kong, Taipei, Shenzhen and Singapore. A Malaysia Airlines flight to Kuala Lumpur was believed...
KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim has described former deputy prime minister Tun Musa Hitam as a stalwart of steadfast principle and integrity. In a post on his official Facebook page, the Prime Minister said Musa was also a steadfast advocate for unity among the multi-ethnic populace in the country. "I extend my birthday wishes...
DUBAI: Passengers at Dubai Airport are contending with the aftermath of the city's worst flood in 75 years, which has led to disruptions in luggage retrieval. Media reports said that the United Arab Emirates (UAE) witnessed its heaviest rainfall from late Monday through Tuesday night, surpassing anything documented since the start of data collection in 1949. Suzaliana...
Geneva (AFP): Lawyers for two men accused of embezzling US$1.8bil (RM8.61bil) from the Malaysian sovereign wealth fund 1MDB began laying out their case Thursday (April 18) after Swiss state prosecutors sought hefty jail terms. PetroSaudi chief executive Tarek Obaid, and Patrick Mahony, a director at the Saudi oil exploration and production company, are on trial at...
KLANG VALLEY: Rush hour commuters here faced unexpected delays as flash floods hit the region following heavy rain that started around 6pm on Thursday (April 18), causing traffic jams across major roadways. Vehicles were bumper-to-bumper in affected areas, including Kepong and KL City. According to Astro Traffic, an accident near Jalan Gasing has also been reported in...
MELAKA: Two bank officers have been arrested by the Malaysian Anti-Corruption Commission (MACC) for allegedly soliciting bribes totalling RM316,064 from several law firms here. The two are aged 35 and 43 and were detained when they turned up at the MACC office in Alai here on Wednesday evening (April 17) to have their statements recorded. The two...
Crypto exchange Binance has made a notable reorganizational move for its billion-dollar SAFU insurance fund, with all the assets in it converting into the USDC stablecoin. Binance has announced a sudden update for its emergency insurance fund called SAFU, converting all of the assets in it — around $1 billion — into Circle’s stablecoin USD Coin...
Nana Murugesan, the ex-Coinbase executive responsible for international expansion, has joined Matter Labs as president to drive the growth of the zkSync technology. A former executive at Coinbase Global, Nana Murugesan, who was responsible for spearheading the exchange’s global expansion initiatives, has joined Matter Labs, the developer of the zkSync technology, as the inaugural president. In an interview with Bloomberg, Murugesan expressed his...
Emin Gün Sirer of Ava Labs says Avalanche was never marketed as an “Ethereum killer,” stressing though its ability to deploy independent blockchains, unlike Ethereum. The head of Ava Labs, Emin Gün Sirer, says Avalanche “was never ever” designed to be an “Ethereum killer,” adding that the definition was developed by marketing managers at Consensys, a blockchain tech firm...
The Arkansas State House has approved two bills that could see a ban on crypto mining activities within the state. At present, the bills are still under consideration and have yet to progress to full-fledged legislation; they establish the framework for further discussions leading to potential legislation. On April 17, senators held a Senate hearing to discuss general concerns...
