Malaysia

Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs

4 months ago kakp2 Comments Off on Hong Kong Securities Regulator Says Raising Capital Is Job For VCs, Not ICOs
The head of the Hong Kong Securities and Futures Commission (Hong Kong SFC) said during a speech on April 13 on “New Technologies and Asset Management” that the type of fundraising conducted through Initial Coin Offerings (ICO) is better suited to venture capital funds. Julia Leung, who is also the chair of the 2016 established Read More

Malaysia Financial Regulator Unveils Blockchain Pilot Project

9 months ago adcity Comments Off on Malaysia Financial Regulator Unveils Blockchain Pilot Project
Image credit: SC Chairman Tan Sri Ranjit Ajit Singh giving his opening address at the SCxSC2017 Digital Finance Conference, @SecComMY, Twitter The Securities Commission (SC) Malaysia is exploring the use of distributed ledger technology for the over-the-counter (OTC) market. The pilot project, run through SC’s Alliance for Fintech (aFINity) program, aims to examine how blockchain Read More

Cryptocurrency Mining Malware Targets Australians via SMS

9 months ago adcity Comments Off on Cryptocurrency Mining Malware Targets Australians via SMS
Security Australians have increasingly become the target of an SMS-based bitcoin mining scam. The scam entices users with fictional free bitcoins that supposedly can be located at two shortened URLs; however, if visited, the USR will hijack that user’s computing power for the purpose of mining cryptocurrency on behalf of the scammers. Also Read: Samsung Builds Read More

Phone Data of ‘Almost Every Malaysian’ Goes On Sale For 1 Bitcoin

9 months ago adcity Comments Off on Phone Data of ‘Almost Every Malaysian’ Goes On Sale For 1 Bitcoin
A fresh major security hack has seen the phone records of “almost every Malaysian” go on sale for just one Bitcoin. In what Reuters describes as “one of the largest data breaches in Asia,” hackers gained access to 46 mln customer identity details. These include “lists of mobile phone numbers, identification card numbers, home addresses Read More