Malaysian Bitcoin Mining Gang Stole Over $2M in Electricity, Say Police
Police seized 1,746 bitcoin mining machines across 21 premises in raids this week. Original Source
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Malaysian
Huobi-Branded Crypto Exchange Launches for Malaysian Market
Huobi Labuan said it's been licensed in Malaysia for a nine-month trial period of cryptocurrency spot and derivatives trading services. Source
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Malaysian Regulator’s Shariah Advisory Council Allows Digital Asset Trading
In a landmark announcement, Securities Commission Malaysia’s Shariah Advisory Council declared that digital assets trading was permissible.The Malaysian Shariah Advisory Council is the authority that oversees the implementation of Islamic laws in the operation of Islamic Financial Institutions.Securities Commission chairman Datuk Syed Zaid Albar made the announcement during an online
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Licensed Malaysian Crypto Exchange Integrates Market Surveillance System
[sociallocker id="55298"] Malaysian digital asset trading platform Tokenize Xchange announced that it will be deploying cryptocurrency market surveillance tools developed by the New York-based Solidus Labs. The firm says this will help the exchange achieve Wall Street-grade market surveillance standards.The solutions provided by Solidus Labs will use machine learning to read
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Malaysian Securities Regulator Approves Crypto Trading Platform
Following a nine-month-long probationary period, Malaysia-based cryptocurrency trading firm, Tokenize Malaysia, has received full approval from local securities watchdog.With the approval to operate a Digital Assets Exchange, the company’s cryptocurrency trading platform, Tokenize Xchange, became legally approved and regulated by the Securities Commission (SC) of Malaysia, local news outlet,
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Malaysian Blockchain App Allows Users to Trace Sustainable Palm Oil
The Malaysian Palm Oil Council (MPOC) and blockchain startup BloomBloc have developed a blockchain app that enables users to trace palm oil throughout the entire supply chain.Following a successful test, the blockchain-based system is available in a pilot roll out to local oil palm growers, palm oil processors, plantations
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Malaysian Ministry of Education Fights Fake Degrees With Blockchain Tech
The Malaysian Ministry of Education has introduced E-Skrol, an application built on the NEM blockchain to deal with the issue of certificate fraud through the use of blockchain technology.In a Sept. 19 article by local news agency Bernama, the Ministry of Education in Malaysia announced that the previously introduced
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Malaysian Bitcoin Miners Stole $25 Million Worth of Electricity
A major power utility firm in Malaysia, Tenaga Nasional Bhd (TNB), has cried out following a huge lose it has recorded in the past months. TNB’s record shows that over $25 million was lost to Bitcoin(BTC)trade miners as of June this year.According to the report, TNB noted that some cryptocurrency
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Malaysian Electricity Authority Nab Illegal Bitcoin Miners
Tenaga Nasional Bhd (TNB), Malaysia’s state-owned electricity company has raided 33 buildings illegally using its energy for bitcoin mining operations that gulped RM3.2 million (roughly $763k) worth of power whereas they only paid a bill of only RM219 ($52), according to a report by local news source, malaymail August 7,
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Wanchain Partners with Malaysian E-commerce Giant PUC Berhad on Enterprise Solutions
Wanchain – the blockchain project that seeks to build the future of digital finance through blockchain-to-blockchain interoperability, has just announced that it has formed a partnership with Malaysian eCommerce leader and digital creator, PUC Berhad.The company – which is publicly listed in Malaysia, is behind a number of well-known ventures
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