First dengue vaccine launched in Malaysia

PETALING JAYA: Malaysia’s defence against dengue fever has been strengthened with the launch of the country's first vaccine against the disease. Takeda Malaysia’s dengue tetravalent vaccine (live attenuated) Qdenga was officially launched on Tuesday (June 11). The vaccine, approved by the Drug Control Authority (DCA), is designed to protect against all four dengue virus serotypes. It requires two...

Drift Foundation introduces DRIFT token with bonus airdrop

Solana-based decentralized exchange, the Drift Foundation, announced the release of its new DRIFT token and the start of airdrop claims. According to the foundation, the airdrop includes 120 million tokens, constituting 12% of the total 1 billion DRIFT supply. The allocation includes an additional 2% bonus of 20 million tokens, surpassing the quantity initially planned for last month’s airdrop. Cindy...

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...

BIS launches Project Agorá to explore tokenization in financial systems

The Bank for International Settlements unveiled Project Agorá, an initiative to explore the potential of tokenization to enhance the efficiency of global financial systems. The Bank for International Settlements (BIS), representing 63 central banks worldwide, spearheads numerous projects focused on issuing national digital currencies and leveraging technology to improve market operations. Tokenization, converting real-world assets into digital...

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...

Arrow Markets launches crypto options trading platform for non-US markets

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...

Indonesia hopes LRT launch in Jakarta will ease traffic and pollution

JAKARTA (Reuters): Indonesian President Joko Widodo on Monday (Aug 28) launched the first elevated rail line for Greater Jakarta, hailing the US$2.13 billion project as a step towards easing the capital's chronic road congestion and worsening air pollution. The driverless, 41.2km (25.6 miles) Light Rail Transit (LRT) system connects central Jakarta and its satellites cities in...

Umno man shows up at Perikatan event, says it’s on behalf of Muafakat Nasional

MUAR: A Melaka Umno assemblyman's presence at a Perikatan Nasional event here has raised eyebrows. Rembia representative Datuk Muhammad Jailani Khamis was among attendees at the Perikatan machinery launch for the Simpang Jeram by-election on Wednesday (Aug 23) night. Muhammad Jailani said he was attending the event under Muafakat Nasional, a non-governmental organisation (NGO) led by Tan...

Empowering the people: PM to launch Budget 2024 theme ‘Madani Economy’ on July 27

KUALA LUMPUR: Prime Minister Datuk Seri Anwar Ibrahim is set to launch "Madani Economy: Empowering the People", the theme for Budget 2024 which will steer the economy to safeguard the country’s future. The launch will be held at the Securities Commission’s headquarters in Kuala Lumpur at 9am on Thursday (July 27). “Wait for it, God willing,” he...