cryptocurrency
World
Hackers steal over US$600 million in major crypto heist
AFP -
The haul was valued at US$545 million when it was stolen on March 23, but was worth about US$615 million based on prices Tuesday, making it one of largest thefts ever in the crypto world.
World
US seizes US$3.6 billion of stolen bitcoin in record haul
AFP -
A couple allegedly sought to launder the proceeds of 119,754 bitcoin – then valued at US$65 million – that were stolen during a 2016 hack of the virtual currency exchange Bitfinex.
World
Bitcoin tumbles to six-month low as Ukraine conflict fears shake markets
Reuters -
The largest cryptocurrency trading down 7.4% at US$33,650, its lowest since July 24, taking losses from its all-time high of US$69,000 hit in November past 50%.
World
North Korean hackers stole US$400 million in cryptocurrency in 2021, says report
Reuters -
A UN panel of experts that monitors sanctions on North Korea has accused Pyongyang of using stolen funds to support its nuclear and ballistic missile programs to circumvent sanctions.
World
Bitcoin faces uncertain 2022 after record year
AFP -
Having more than trebled in value to US$60,000 between December 2020 and April, bitcoin has lost some shine to trade at under US$50,000 heading into the new year.
News
Top Islamic finance expert disagrees with fatwa on cryptocurrency
This comes after an influential Indonesian ulama body declared the lucrative digital currency trade as haram.
World
Vietnam police smash US$3.8 billion cryptocurrency ring
AFP -
The gambling ring is reportedly the biggest ever uncovered by Vietnamese police.
World
Indonesia Muslim body forbids cryptocurrency trading
AFP -
The country's powerful Ulama Council issues a fatwa, or religious edict, as virtual currency trading soars in Indonesia and elsewhere.
World
Mastercard expands cryptocurrency services with wallets, loyalty rewards
Reuters -
Mastercard says its partners can also allow customers earn and spend rewards in cryptocurrency instead of loyalty points.
World
In world first, bitcoin becomes legal tender in El Salvador
AFP -
Bitcoin can be bought and spent using a cyber wallet app called Chivo, while cash can be drawn, in dollars, from some 200 bitcoin ATMs hastily erected countrywide.
Lifestyle
Facebook could launch digital wallet this year, report says
AFP -
Facebook's crypto unit head says company leaders 'feel pretty committed' to launch the digital wallet called Novi this year.
World
PayPal to let UK users buy, hold and sell cryptocurrency
AFP -
UK-based customers will be able to choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.