BFM 89.9
The Business Station
$613 Million In Crypto Stolen, What Next?
11 mins
·
07:30, 13 Aug 2021
·
Recommended
A few days ago, some hackers stole US$613 million worth of digital coins from Poly Network, and only returned US$260 million worth of tokens after less than 24 hours. So we ask Varun Mittal, Global Emerging Markets FinTech Leader of EY what are the impacts of this incident and will we be seeing more regulatory oversight on cryptocurrencies.
Image credit: Shutterstock.com
Presenter: Roshan Kanesan, Noelle Lim, Shazana Mokhtar
Producer: Sim Wie Boon
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