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Malaysia and Singapore to Boost Cybercrime Cooperation in Cross-Border Crime Agreement

Key Takeaway: Cybercrime will be included in Malaysia-Singapore cross-border crime cooperation , as the two countries prepare to renew their Memorandum of Understanding (MOU) on the matter. Malaysia’s Home Minister, Datuk Seri Saifuddin Nasution Ismail, announced that cybercrime will be a new focus in Malaysia-Singapore cross-border crime collaboration . The updated MOU will be signed on Nov 14 during Saifuddin’s meeting with Singapore’s Minister of Home Affairs and Law, K. Shanmugam. This move reflects the growing threat of cybercrime , which costs ASEAN an estimated US$64 billion annually. The agreement emphasizes capacity-building, intelligence-sharing, and joint operations as vital components for addressing cybercrime. The exchange of MOU documents will occur at the Annual Leaders' Retreat on Dec 8 in Malaysia, which will be attended by the prime ministers of both nations. Saifuddin also highlighted plans to discuss border congestion issues and will visit Singapore’s Immi
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MicroStrategy Acquires $2.03 Billion in Bitcoin in Latest Purchase

MicroStrategy Inc. has purchased 27,200 Bitcoin for approximately $2.03 billion, marking one of its largest acquisitions of the digital asset to date. The purchases were made from Oct. 31 to Nov. 10, using proceeds from stock sales, the company announced.

This latest acquisition raises MicroStrategy's total Bitcoin holdings to nearly 279,420 Bitcoin, now valued around $23 billion based on Bitcoin’s recent record price of over $82,000. The Tysons Corner, Virginia-based firm has invested approximately $11.9 billion in Bitcoin, with an average purchase price of $42,692 per Bitcoin, inclusive of fees and expenses.

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