KUALA LUMPUR: After going on mandatory retirement from his role as Kuala Lumpur police chief on Friday (March), Datuk Allaudeen Abdul Majid intends to rekindle his interest in the legal field, which he had to leave behind 38 years ago when he opted for a career in law enforcement. Commencing his career with the Police on...
KUALA LUMPUR: The arrest of an Israeli national at a hotel along Jalan Ampang has led to the police heightening security levels in the country. Inspector-General of Police Tan Sri Razarudin Husain said the arrest of the 36-year-old man - who police suspect is an Israeli intelligence agent - has put the Royal Malaysia Police on...
KLANG: Several parts of Klang have been hit by flash floods due to heavy rain. One of the worst hit places were parts of Jalan Tengku Kelana, where the royal town's Little India is located. N. Thuraisingam - who works in a restaurant there - said the lower end of Jalan Tengku Kelana near Bulatan Simpang Lima...
PeckShield analysts reported a security incident with the Ethena Labs project on March 29. Experts say the vulnerability underlying the exploit is still unknown. According to PeckShield, it resulted in the loss of 480 BNB, equivalent to around $290,000 at the time of writing. In a comment to the post, X users suggested that the incident was...
Arrow Markets has launched a new platform for trading non-U.S. crypto options, aiming to simplify the trading process for users internationally. The initiative seeks to fill a gap in the market, akin to the role Robinhood plays in the U.S. for stock options trading, but focusing on the defi sector. Supported by Framework Ventures, Delphi Ventures, and Blizzard the...
In the first quarter of the year, the crypto industry lost $336.3 million to hacking, 23.1% less than last year. According to the Immunefi report, in the first three months of 2024, crypto projects lost more than $321 million due to 46 hacks and 15 fraudulent incidents. Decentralized finance (defi) is a prime target for hackers, accounting for 100%...
IntoTheBlock experts note a meme coin speculative sentiment increase amid the ongoing bull market. According to the latest IntoTheBlock report, traders increasingly turn to speculative opportunities promising high returns. The trend is evident throughout the meme coin sector, as seen in the emergence of new meme coins and the resurgence of older ones gaining popularity again. Analysts...
PeckShield reported the movement of assets from addresses related to the hacking of the Prisma Finance protocol. Analysts tracked the movement of funds in wallets involved in the criminal operation. Through two transactions, the hacker sent 1,840 Ethereum (ETH) worth about $6.5 million to the Tornado Cash mixer. After some time, experts noted that the attacker sent a message...
The Arbitrum Foundation has officially opened applications for the third phase of its funding plan, which will run from April 15 to the end of June. The phase aims to support dApp projects across various domains, including games, NFTs, social platforms, DAOs, and defi applications. The foundation is adopting a more structured approach by introducing grant tracks,...
Caroline Pham, a CFTC commissioner, has publicly criticized her agency’s legal action against the crypto exchange KuCoin. The Commodity Futures Trading Commission, in collaboration with the U.S. Department of Justice, charged KuCoin on March 26 for unlawfully operating a digital assets derivatives exchange. The charge by the CFTC has sparked controversy, particularly regarding jurisdictional boundaries between the CFTC and its sister...
