Crypto-currencies and criminality: myth or reality?
The recent bust of a worldwide international paedophile ring using Bitcoin payments highlighted one of the key fears surrounding crypto-currencies -- their use by criminals.
Experts see bitcoin as future currency, safer option
As payment systems worldwide continue to undergo transformation and upgrade, cryptocurrency, Bitcoin, has been identified as the currency of the future that will change the way people manage their finances. According to Co-founder and Chief Executive Officer of Paxful, Ray Youssef, who spoke to The Guardian..
Paxful boosts financial inclusion in Africa with bitcoin
Globally, respected leading peer-to-peer bitcoin marketplace, Paxful, is making inroads into Africa with its trusted platform for bitcoin trading, which has achieved widespread acceptance in other parts of the world.
Nigerians count losses as SIM swap fraudsters empty bank accounts
In the mid-day, she walked into the newsroom. The young mother clad in a dark colour linen gown was overwhelmed with anguish. Sadness was written on her face as she sat perplexed. Her countenance, which was not welcoming, reflected the agony in her. Sawari Bolanle is a victim of Subscribers Identification Module (SIM) swap fraud.
China to ban bitcoin mining, traders say move not surprising
China’s state planner wants to ban bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.
Vires in Numeris
“Vires in Numeris” is a Latin term meaning strength in numbers. It is popularly used as the motto for the decentralized digital currency called Bitcoin.
Patricia signs fourteen new brand ambassadors
One of the leading online brands, PATRICIA, that deals with converting of gift-cards for cash and other forms of crypto like bitcoin and perfect money has reiterated their commitment to improve and increase their awareness and capacity. PATRICIA Technologies have been in business since 2017, and have pulled amazing numbers. Interesting, the brand is the…
US indicts Iranians over hospital ransomware attacks
The US Justice Department charged two Iranian hackers Wednesday with extorting at least $6 million from hospitals, city governments and public institutions in the US and Canada by remotely locking down their computer systems. The DOJ said Faramarz Shahi Savandi and Mohammad Mehdi Shah Mansouri deployed the SamSam Ransomware into the systems of more than…
Hackers target smartphones to mine cryptocurrencies
Has your smartphone suddenly slowed down, warmed up and the battery drained down for no apparent reason? If so, it may have been hijacked to mine cryptocurrencies.