Tan Sri claims trial to cheating charge

KUALA LUMPUR: Spanco Sdn Bhd executive director Tan Sri Robert Tan Hua Choon has pleaded not guilty to a charge of cheating linked to the procurement and management of the government’s vehicle fleet. He claimed trial to the charge after it was read out before Kuala Lumpur Sessions Court judge Suzana Hussin here on Wednesday (April...

King grants audience to KK Mart founder, does not want socks issue prolonged

PETALING JAYA: His Majesty Sultan Ibrahim, King of Malaysia, consented to grant an audience to Datuk Seri Chai Kee Kan, the owner of KK Mart, which was recently involved in the controversial socks issue. During the 15-minute audience on Wednesday (April 3), Chai sought His Majesty's forgiveness and apologised to the King and all Muslims over...

Eight sick from eating mussels in PD, two in intensive care

PORT DICKSON: Eight cases of food poisoning, believed to have been caused by eating mussels, have been reported here. Negri Sembilan Health Department director Datuk Dr Harlina Abdul Rashid said two people have been admitted into the intensive care unit of the district hospital after they experienced paralysis. "Five others have been warded for treatment and one...

Robert Kuok only M’sian among Forbes’ top 200 billionaires, 14 others in rich list

PETALING JAYA: Tycoon Robert Kuok (pic) has once again topped the list as the wealthiest Malaysian, with a net worth of US$11.4bil, according to the Forbes 2024 Billionaires List. Kuok is ranked No. 176 and is the only Malaysian in the top 200 list of billionaires. The 100-year-old tycoon owns the Kuok group, which has interests in...

Foreign Ministry closely monitoring situation in Taiwan after 7.2 magnitude quake

PETALING JAYA: No Malaysians were reported to be affected by the 7.2 magnitude earthquake that struck Hualien in Taiwan's east coast area at 7.58am (local time) on Wednesday (April 3) so far, says the Foreign Ministry. In a statement, Wisma Putra said that it was monitoring the situation closely through the Malaysian Friendship and Trade Centre...

Many opportunities for collaboration with Kyrgyz Republic can be explored, says Anwar

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim hopes for a closer relationship between Malaysia and the Kyrgyz Republic in the future. He said there are many opportunities to be explored in the bilateral relationship, especially in strengthening trade and investment ties. "I am confident that this visit will pave the way for collaboration and foster more...

Pahang cops tracking down individual to assist in KK Mart attack probe

KUANTAN: The police believe that only one individual was involved in the Molotov cocktail attack on the KK Mart outlet in Sungai Isap here on Saturday (March 30). Kuantan OCPD Asst Comm Wan Mohd Zahari Wan Busu said the information was obtained based on an examination of several closed-circuit television camera (CCTV) recordings around the scene. "Efforts...

Ethena Labs launch ENA with a 750m airdrop as MakerDAO grabs USDe

Synthetic dollar issuer Ethena Labs has announced the launch of claims for its new governance token ENA. The protocol, known for its yield-earning USDe token, is looking to distribute 750 million ENA tokens through an airdrop. The airdrop will see 5% of the token’s total supply flow into the market. Ethena Labs announced the development via an X post,...

Vitalik Buterin joins critics of layer 3 solutions

Vitalik Buterin, one of the creators of the Ethereum blockchain, confirmed his position regarding layer 3 networks. Buterin joined the discussion on the value of layer 3 (L3) solutions, citing his post from a year and a half ago. Recently, an online debate broke out regarding the usefulness of L3 protocols for the Ethereum ecosystem. Several speakers...

Van Eck heir to launch stablecoin backed by investment firm’s endorsement

Nick Van Eck has ventured into stablecoins with the backing of his family’s esteemed business. Agora, the brainchild of Van Eck and crypto stalwarts Drake Evans and Joe McGrady, recently secured $12 million in seed funding, spearheaded by digital-asset venture firm Dragonfly. Operating under a Delaware incorporation with its stablecoin issuer headquartered in the British Virgin Islands, Agora’s stablecoin will cater exclusively to...