U.S debt deluge lifts bond yields to four-year high, Asia stocks down
Asian stocks slipped and the U.S. dollar advanced on Tuesday, as a deluge of U.S. government debt this week and the specter of inflation and a higher fiscal deficit drove U.S. borrowing costs near four-year highs.
Almost $100 million in cryptocurrency has been stolen by exit scammers, as ICO tokens continue to plummet in value. Indeed, the figures suggest that ICO scams over the last two years total at least $96.8 million in value, according to data compiled by blockchain intelligence firm Diar. For context, data suggests that blockchain startups have raised over $6.3 billion from ICOs in 2018 alone. For the record, Chinese company Shenzhen Puyin Blockchain Group is responsible for a staggering $60 million of all thefts. The company raised funds for three different ventures – ACChain, Puyin, and BioLifeChain – neither of which… This story continues at The Next Web
KUALA LUMPUR (Aug 14): Vivocom International Holdings Bhd jumped 14.29% in active trade after it bagged an RM12.6 million contract from CRCC Malaysia Bhd to supply labour, tools and equipment for the construction of reinforced concrete structure and structural steel works for an office tower here.
At 9.30am, Vivocom rose 0.5 sen to 4 sen with 23.55 million shares done.
It has received and accepted the letter of award for the project, which is expected to be completed by May 30 next year.