From Squid coin to memes, the ‘Wild West’ of crypto


A representation of cryptocurrency Dogecoin. Since the start of the year, two dog-themed units have seen their values soar – Dogecoin created as a joke in 2013 and Shiba Inu born in 2020. — Reuters

LONDON: From a dodgy digital currency inspired by Netflix hit Squid Game to highly-volatile dog-themed coins, the cryptocurrency sector has become riskier than ever as it soars in value.

The combined value of all cryptocurrencies topped US$3 trillion (RM12.44 trillion) for the first time on Monday, as more mainstream investors rush into the sector.

Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Tech News

Data of over 148,000 people leaked after ransomware attack on 2 Hong Kong hearing centres
Woman kidnapped by ex rescued after friend tracks her with Find My iPhone, US cops say
Australia scrapped satellite because new tech could 'shoot it out of sky', says defence minister
Instagram plans to use AI to catch teens lying about age
World's first wooden satellite, developed in Japan, heads to space
This humanoid robot can now operate with full autonomy
Scientists use AI to help track penguins in Antarctica
Windows 10 users will soon have to pay to keep getting security updates
Musk and X are epicenter of US election misinformation, experts say
OpenAI in talks with California to become for-profit company, Bloomberg News reports

Others Also Read