Malaysia’s Power Network in Jeopardy: Cryptocurrency Theft Highlights Weaknesses in Infrastructure and Law
- Malaysia's TNB reports $1.1B losses from crypto mining-linked electricity theft at 13,827 sites over five years. - Power theft cases surged 300% (2018-2024), with raids seizing $482K in mining rigs and disrupting networks. - TNB deploys AI analytics and smart meters to detect theft, while authorities push for crypto-specific regulations. - Current laws impose minimal penalties ($2,400 fines/jail), failing to deter sophisticated theft operations. - Experts warn theft destabilizes grid and pricing, urging
Malaysia’s main electricity provider, Tenaga Nasional Berhad (TNB), has reported losses
These illegal activities, which often involve direct wiring to transformers or altered smart meters, have grown more advanced. Criminal groups frequently move their operations—
In response, TNB has rolled out sophisticated monitoring tools, such as smart meters and AI-powered analytics, to
The financial impact goes beyond TNB’s direct losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Billion-dollar Ethereum DAT plan quietly collapses amid market slide

Adam Back Discusses Bitcoin’s Long-Term Quantum Security
2Africa Cable Project Expected to Contribute $36.9B to Africa’s Economy and Enhance Worldwide Connectivity
- Meta completes 2Africa, the world's longest open-access subsea cable, enhancing Africa's global connectivity. - The 45,000km system with SDM technology doubles capacity, enabling 180Tbps bandwidth to reduce costs and boost 5G/data center investments. - Projected to add $36.9B to Africa's GDP within 3 years, it fosters competition through equal access for providers across 33 countries. - Facing seabed hazards and geopolitical delays, the $1.3B project aligns with Meta's AI infrastructure goals and global

ICP Network Expansion and Its Impact on Web3 Infrastructure Investments
- ICP Network's growth is driven by AI upgrades, Microsoft/Google Cloud partnerships, and institutional interest in its decentralized cloud infrastructure. - Price volatility (30% surge then 11% drop) and SEC scrutiny highlight regulatory risks, while technical upgrades like Fission aim to enhance scalability. - Institutional investors leverage ICP's governance model (NNS) and enterprise partnerships in healthcare/industrial IoT to diversify portfolios with real-world applications. - Discrepancies in DeFi