Category: Malaysian
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Borneo Challenge Looms as Anwar Marks Two Years as Malaysian PM
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Breadcrumb links BMN Business One of Malaysia’s richest states is trying to take control of the country’s largest gas reserves, complicating relations within the ruling coalition and threatening to hit federal revenues. Article writer: Posted on November 23, 2024 • 4 minutes read You can save this article by registering…
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Malaysian Electricity Company Hit Hard By Illegal Bitcoin Mining
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Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it is arguably a lucrative business for some, it impacts the local power grid. Some estimates suggest that you need up to 155,000 kilowatt hours (kilowatt-hours) of electricity just to mine…
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Malaysian Electricity Company Hit Hard By Illegal Bitcoin Mining
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Bitcoin mining, a complex activity that requires adding data to the blockchain, has been the subject of complaints. While it is arguably a lucrative business for some, it impacts the local power grid. Some estimates suggest that you need up to 155,000 kilowatt hours (kilowatt-hours) of electricity just to mine…
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Malaysian police arrest 21 in crypto fraud scheme targeting Japanese investors
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Malaysian authorities have foiled a major cryptocurrency fraud scheme targeting Japanese citizens. According to local sources ReportsThe Royal Malaysian Police, also known as PDRM, arrested 21 individuals in connection with the fraud during coordinated raids on two upscale properties in Kuala Lumpur on August 19. The suspects include 16 Chinese…