cryptocurrency

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.

Facebook's crypto unit head says company leaders 'feel pretty committed' to launch the digital wallet called Novi this year.

UK-based customers will be able to choose from four types of cryptocurrency: Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

This is the second such major heist by hackers in recent days.

A person claiming to be the hacker says the heist was pulled 'for fun' to expose a flaw that could have cost Poly Network dearly and undermined faith in cryptocurrencies.

The heist has sparked debate about whether it would be fair to let the hackers keep some of the loot as reward for uncovering a weakness that could have been even more costly.

The hacked firm has threatened police involvement, but also offered the hackers the chance to 'work out a solution'.

Lee Kim Yew says Golden Horse Investment Bank was established to ensure that Malaysia can ride on China's economic trend.

China banned trading in cryptocurrencies in 2019 and is increasingly tightening restrictions on bitcoin mining.

But donations must show a certain degree of transparency in order to be recognised as a legitimate contribution.

The Bank of England says such a currency would exist alongside cash and bank deposits, rather than replacing them.

But caution remains the order of the day among observers, who recall the company's dependence on the price of virtual currencies, which tend to fluctuate frequently.