Tag: Bitcoin
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Bitcoin surges above $12,000 to record high on relentless demand
Bitcoin extended its eye-popping rally on Wednesday, breaking above 12,000 dollars to a record high despite questions about the cryptocurrency’s real value and worries about a dangerous bubble. Bitcoin received a boost after Friday’s announcement by the main U.S. derivatives regulator that it would allow CME Group Inc and CBOE Global Markets to list bitcoin…
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Hackers request $7.5m to stop leaking Game of Thrones
Following the illegal leaking of two episodes of Game of Thrones and script material from an unaired episode of the show, hackers have requested for a ransom of $7.5 million in bitcoin from HBO. The hackers reportedly stole 1.5 terabytes of data from the company last week, comprising script summaries for the next…
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BEWARE! Europol warns of further attack as WannaCry victims reach over 200,000
Europol has said on Sunday that the unprecedented WannaCry ransomware global cyberattack has hit more than 200,000 victims in scores of countries, and warned that the situation could escalate when people return to work. The indiscriminate attack, which began Friday, struck banks, hospitals and government agencies in more than 150 countries, exploiting known vulnerabilities in…
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Manhunt underway for hackers behind global WannaCry Ransomware cyberattack
International investigators hunted Saturday for those behind an unprecedented cyber-attack that affected systems in dozens of countries, including at banks, hospitals and government agencies, as security experts sought to contain the fallout. The assault, which began Friday and was being described as the biggest-ever cyber ransom attack, struck state agencies and major companies around the…
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UK security researcher says another massive cyberattack likely Monday
Another major cyberattack could be imminent after Friday’s global hit that infected more than 125,000 computer systems, security experts have warned. UK security researcher “MalwareTech”, who helped to limit the ransomware attack, predicted “another one coming… quite likely on Monday”. The virus, which took control of users’ files, spread to 100 countries, including Spain, France…
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Nigerians ignore warnings, invest in Bitcoin to the tune of $1.3 million
Nigerians have again showed interest in in crypto currencies such as Swisscoin, OneCoin, Bitcoin and other virtual/digital currencies despite warnings from the Security and Exchange Commission, SEC, Central Bank of Nigeria, CBN and other regulatory agencies against investing. Investigations revealed that despite the stiff warnings, Bitcoin exchange volumes in Nigeria over the past 45 days…
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CBN bans banking transactions using Bitcoin, other virtual currencies
The Central Bank of Nigeria, CBN, yesterday, banned banks from any transactions in virtual currencies. Director, Financial Policy and Regulation department, CBN, Mr. Kelvin Amugo, who announced the ban said it was necessitated by money laundering and terrorism financing risks inherent in operations of virtual currencies. In a circular to banks and other financial institutions…
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MMM returns: Nigerians react on Twitter
Nigeria’s number one Ponzi scheme, MMM, today announced resumption of operation and Nigerians have a lot to say about the acclaimed money making machine scheme, which people are love to hate. “This is to officially inform you that MMM Nigeria is open for business a day earlier than promised,” MMM Nigeria said with a tweet,…
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Don’t invest in Bitcoin, Onecoin, others, SEC warns Nigerians
The Securities and Exchange Commission, SEC on Thursday warned Nigerians who maybe considering responding to radio advertisements and other modes of solicitations for investments in crypto currencies such as Swisscoin, OneCoin, Bitcoin and such other virtual or digital currencies, to rescind their decisions as potential investors stand the chance of losing their monies. This…
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Bitcoin continues downward slide
Bitcoin has continued a downward slide as cryptocurrency plunged by as much as 12 percent on Friday on track for its heaviest two-day drop in two years. Bitcoin had been on a tear until Wednesday, gaining more than 40 percent in two weeks to hit around $1,139 on the Europe-based Bitstamp exchange, just shy of…