News & Reviews:   bitcoin

Today, several Tune Talk users received a weird notification from the app itself. If you don't use Tune Talk, the message is notifying users that they have won double bitcoins which would raise some red flags. This has led to many users to tag the company as a possible hack in the official app.

Global cryptocurrency platform Luno has today revealed that Malaysia is one of its strongest markets. In a statement by Luno Malaysia country manager Aaron Tang, 12 percent of the platform's new customers in the past 6 months are based in our country.

That amounted to approximately 120,000 new customers from Malaysia in just half a year. Globally, Luno now has over 10 million customers across 40 countries, securing one million new customers worldwide in the past six months for a a 35 percent year-on-year growth.

It looks like Malaysia won’t be recognising cryptocurrency as legal tender anytime soon as despite the urging to do so by the Ministry of Communications and Multimedia (K-KOMM). Previously, K-KOMM deputy minister called crypto ‘the future of finance’ and urged for the relevant authorities to held discussions in order to legalise it.

However, the proposal was unceremoniously turned down by the Ministry of Finance (MOF) confirmed that the federal government has no intention of recognising crypto as legal tender. This was asserted by the ministry’s first deputy minister, Shahar Abdullah in the Dewan Rakyat yesterday.

With the rising cases of electricity theft due to illegal bitcoin mining in Malaysia, the Tenaga Nasional Bhd (TNB) just submitted a proposal to the Energy Commission. The proposal? Set a special tariff for bitcoin miners.

Of all the activities during the pandemic, not only did more people are spending more time with their hobbies but Bitcoin mining is increasing as well. In case you missed it, there was news about a police raid seizing over a thousand (1069, to be exact) mining rigs in Miri, Sarawak.

The increasingly popular voice-based social platform Clubhouse has been visited by the co-founder of Microsoft Bill Gates recently. On the platform, he had shared some of his interesting thoughts during a session about few things. Let's read on to find out what did the business leader say!

Can you imagine if those miners are using RTX GPUs? Luckily, these aren't. It seems that a group of individuals have been mining bitcoins and not only that, they also bypassed the electricity reading which costs Tenaga Nasional Berhad (TNB) more than RM8 million losses.

So yes, an unfortunate Malaysian student just lost RM84,600 due to an online scam. According to the Melaka Commercial Crime Investigation Department Chief, Supt E Sundra Rajan told the reporters that it happened not too long ago on 5 January, where she saw a Bitcoin advertisement on Facebook and then got scammed in WhatsApp.