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2025

Illegal Crypto Practices Cost Malaysia Over €1 Billion in Damages

Illegal Crypto Practices Cost Malaysia Over €1 Billion in Damages

Malaysia, a significant player in Bitcoin mining, has suffered over €970 million in losses from electricity theft by illegal crypto mining operations since 2020. Authorities are cracking down, deploying smart meters and collaborating with utility firms to combat the issue, which has led to arrests and equipment seizures.
Crypto Funds Lose $1.7 Billion in One of the Worst Weeks in Years

Crypto Funds Lose $1.7 Billion in One of the Worst Weeks in Years

Crypto investment funds saw a massive outflow of $1.9 billion last week, marking one of the worst periods for capital flight since 2018. The exodus, led by Bitcoin and Ethereum funds, coincides with a sharp decline in Bitcoin’s price, which has fallen nearly 30% from its all-time high.