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.
Bitcoin surges above $11,000 thanks to Facebook's currency plans
Bitcoin surged to a near 16-month high above $11,000 Monday, overshadowing showings across stock, foreign exchange and commodity markets, with investors looking ahead to the week's G20 summit.
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.
South Korean swaps bitcoins for €2m in fake notes
The deal sounded murky from the start: in exchange for bitcoin worth two million euros ($2.3 million), the wealthy buyer would hand over the equivalent sum in cash in a luxury hotel on the French riviera.
How to harness blockchain technology for growth, by Walker
Lady Victoria Walker is the Chief Operating Officer of United Digital Currency Reserve Foundation, founder of Bitmogul Academy, Author of the Bitmogul Guide, Blockchain and Cryptocurrency Speaker...
Banks should 'segregate' any bitcoin activities: ECB
Banks wanting to trade in digital currencies should make sure those activities are clearly "segregated" from their other operations, a top ECB official cautioned Monday, as ever more financial institutions mull jumping on the bitcoin bandwagon.