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Bitcoin Slides On ‘Fraud’ Warning From JPMorgan’s Dimon

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LONDON- Bitcoin slid by more than 10 percent on Wednesday, as investors sold the cryptocurrency after a warning by JPMorgan Chief Executive Jamie Dimon that it “is a fraud” and will eventually “blow up.” Bitcoin, the original and still the biggest cryptocurrency, has been on a tear in recent months, hitting a record high just…

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Two Suspects In Umrah Package Fraud Remanded For Three More Days

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KUALA TERENGGANU – The remand of a director and an accountant of a Terengganu entity has been extended by three days over the investigation into an ‘umrah’ package fraud. Kuala Terengganu Sessions Court assistant registrar Wan Aziantie Wan Ab Karim alias Isa issued the order for the extension of the remand from today. The two…

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Going From Pen To PIN

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KUALA LUMPUR: Security for cre­dit and debit card usage will move a significant notch higher with the signature-based system to be replaced with PIN (personal identification number) verification. About 39 million – eight million credit and 31 million co-badged debit cards in Malaysia – will be replaced with new PIN-enabled cards to meet the January…

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Man Freed Of Charge Of Impersonating Kedah Royalty Member

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GEORGE TOWN: A man who was charged with impersonating a Kedah royalty member was acquitted and discharged by a magistrate’s court here without his defence being called. Magistrate Sri Pracha Nanthini Balabedha ruled that the prosecution failed to prove a prima facie case against Roshidi Fadzil, 49, adding that it could not prove that Roshidi…

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Malaysian-Born US Astrophysicist Linked To Get Paid On Doubtful Weather Reports

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A Kangar-born astrophysicist took money in exchange for writing allegedly doubtful reports on climate change, the international media has claimed. In a New York Times report, Dr Willie Wei-Hock Soon was alleged to have received more than US$1.2mil (RM4.36mil) from the fossil fuel industry over the past decade. The report added that Dr Soon, who…

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