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El Salvador approves Bitcoin as legal tender

Lawmakers in the Central American nation’s Congress passed a bill late Tuesday that will eventually allow the famously volatile digital currency to be used for many aspects of daily life, from property purchases to tax contributions.
FILE PHOTO - Representations of virtual currency bitcoin are seen in this picture illustration taken taken March 13, 2020. REUTERS-Dado Ruvic-Illustration

Crypto market plunges as US recovers ransom paid by Colonial Pipeline

The cryptocurrency market plunged on Tuesday as Bitcoin tumbled by more than eight percent.
El Salvador’s President, Nayib Bukele, is proposing a Bill to adopt Bitcoin and other cryptocurrencies as legal tender in his country.

El Salvador’s president perfects plan to make cryptocurrency legal tender

El Salvador’s President, Nayib Bukele, is proposing a Bill to adopt Bitcoin and other cryptocurrencies as legal tender in his country.
An analysis of the cyberattack on Colonial Pipeline found that the hackers were able to access the company’s network using a compromised VPN password, Bloomberg reported.

Hackers used ‘compromised password’ in Colonial Pipeline cyberattack

An analysis of the cyberattack on Colonial Pipeline found that the hackers were able to access the company’s network using a compromised VPN password, Bloomberg reported. The hack led to a ransomware payout of $4.4 million, and resulted in gas prices around $3 per gallon for the first time in several years at US gas stations.

FBI trying to get IP addresses, phone numbers of people who read article on...

The FBI is trying to get a list of IP addresses, phone numbers, and other information on people who read a USA Today article about the deaths of two of its agents (via Politico).
The Director General, National Information Technology Development Agency, (NITDA), Mallam Kasifu Inuwa Abdullahi, says with the introduction of electric vehicles in the country, the nation is definitely advancing towards a vibrant economy.

NITDA: Hacking group masquerading as USAID

Nigeria’s Information Technology Development Agency (NITDA) has urged Nigerians to beware of a widespread malicious email campaign undertaken by a hacking group, Nobelium.

NITDA cautions Nigerians on new email-based attack from Solarwindhackers

The National Information Technology Development Agency (NITDA), has warned Nigerians to be cautious on new email-based attacks from Solarwindhackers.
Ireland’s health service said it was under a ransomware attack on Friday that forced it to shut down its computer systems.

NITDA warns against file encrypting computer virus

The National Information Technology Development Agency (NITDA) had warned Nigerians to beware of IGVM Ransomware, a file-encrypting infection that restricts access to data such as documents, images, and videos.
Cryptocurrency exchange Coinbase is experiencing a “partial” outage this morning for its entire site and application.

Coinbase down amid massive cryptocurrency plunge

Cryptocurrency exchange Coinbase is experiencing a “partial” outage this morning for its entire site and application. Additionally, both Coinbase and Binance are reporting issues specifically focused around withdrawals of Etherium and ERC-20 tokens this morning due to “network congestion.”
Consumers lost over $2 million in cryptocurrency to scammers impersonating Tesla and SpaceX CEO Elon Musk over the last six months, the Federal Trade Commission reported Monday.

Elon Musk impersonators have stolen more than $2 million in cryptocurrency since October

Consumers lost over $2 million in cryptocurrency to scammers impersonating Tesla and SpaceX CEO Elon Musk over the last six months, the Federal Trade Commission reported Monday.
Cloudflare’s new data loss prevention offering adds zero trust controls to the organization’s data, regardless of where that information is stored.

Cloudflare launches new security key-based replacement for CAPTCHA

Cloudflare, which you may know as a provider of DNS services or the company telling you why the website you clicked on won’t load, wants to replace the “madness” of CAPTCHAs across the web with an entirely new system.
Ireland’s health service said it was under a ransomware attack on Friday that forced it to shut down its computer systems.

Ireland’s health service IT systems shut down by ransomware attack

Ireland’s health service said it was under a ransomware attack on Friday that forced it to shut down its computer systems.
Bitcoin hit a record-high above $43,000 on Monday after electric carmaker Tesla invested $1.5 billion in the digital currency.

Bitcoin falls after Tesla stops car purchases with cryptocurrency

The price of Bitcoin, the world’s most popular cryptocurrency, has witnessed a significant fall after Tesla CEO, Elon Musk, tweeted on Thursday that the electric vehicle maker would suspend car purchases using Bitcoin.
First reported by the New York Times, Colonial Pipeline, which carries 45 percent of the fuel supplies for the eastern US, said in a statement late Friday that it took “certain systems offline to contain the threat, which has temporarily halted all pipeline operations and affected some of our IT systems.”

US: Cyberattack prompts shutdown of major fuel pipeline

One of the largest pipelines in the US has been taken offline by its operator following a cyberattack. First reported by the New York Times, Colonial Pipeline, which carries 45 percent of the fuel supplies for the eastern US, said in a statement late Friday that it took “certain systems offline to contain the threat, which has temporarily halted all pipeline operations and affected some of our IT systems.”
Washington, DC’s police department has confirmed its servers have been breached after hackers began leaking its data online, The New York Times reports.

‘Fraudsters’ hack company’s account, transfers N78.8 million

Hoodlums suspected to be internet fraudsters have allegedly hacked the account of a company, Great Wall Exchange, and successfully transferred N78,852,881 from the account.
The Ransomware Task Force (RTF) yesterday unveiled its comprehensive guidance for battling ransomware, information security’s preeminent scourge.

Ransomware task force unveils broad manifesto for fighting back

The Ransomware Task Force (RTF) yesterday unveiled its comprehensive guidance for battling ransomware, information security’s preeminent scourge.
Coinbase has added the option for users to buy cryptocurrency using their PayPal accounts in the US, the company has announced.

Coinbase adds option to buy cryptocurrency with PayPal

It says the feature offers a “familiar and trusted” experience for users buying any of the numerous cryptocurrencies that the exchange currently supports, and using PayPal as an intermediary means you don’t have to give your bank account or debit card information directly to the cryptocurrency exchange. The feature will expand to other countries in the coming months.
A bug in Android means that setting a certain image as your phone’s wallpaper could be enough to crash it.

Android bug exposed coronavirus contact tracing logs to preinstalled apps

The Android version of Google and Apple’s COVID-19 exposure notification app had a privacy flaw that let other preinstalled apps potentially see sensitive data, including if someone had been in contact with a person who tested positive for COVID-19, privacy analysis firm AppCensus revealed on Tuesday. Google says it’s currently rolling out a fix to the bug.
Washington, DC’s police department has confirmed its servers have been breached after hackers began leaking its data online, The New York Times reports.

Ransomware attack: Hackers threaten to release Washington DC police data

Washington, DC’s police department has confirmed its servers have been breached after hackers began leaking its data online, The New York Times reports. In a statement, the department confirmed it was aware of “unauthorized access on our server” and said it was working with the FBI to investigate the incident. The hacked data appears to include details on arrests and persons of interest.
Chloé Zhao accepts the Directing award for ‘Nomadland’ | Photo by Todd Wawrychuk/A.M.P.A.S. via Getty Images

China censored social media posts about Chloé Zhao’s Oscar win

The news of Chloé Zhao’s Oscar win for Best Director has been censored on social media and search engines in China at the direction of the country’s propaganda ministry, The Wall Street Journal reported. Zhao, who was born in Beijing, is the first Chinese woman and first woman of color to take home the Academy Award for directing. Nomadland also won Best Picture at Sunday night’s awards ceremony, and the movie’s star, Frances McDormand, won Best Actress.
While social media lit up with posts about cryptocurrencies being hurt by United States President Joe Biden's tax plan, some traders and analysts said declines are likely to be temporary [File- Wei Leng Tay-Bloomberg]

Crypto: Bitcoin, Ether, XRP, Dogecoin sink over Biden tax plans

Bitcoin and other cryptocurrencies posted sharp losses on Friday, on concerns that United States President Joe Biden’s plan to raise capital gains taxes will curb investments in digital assets.
Bitcoin can baffle even bigger-fish investors [Dado Ruvic-Reuters]

Bitcoin drops below $50,000

The value of the cryptocurrency market stood at $1.81 trillion on Friday, a 10.26 percent drop over the last day, according to data from coinmarketcap .com.

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The Speaker of the Lagos state House of Assembly, Rt. Hon. Mudashiru Obasa, on Friday, said the potentials embedded in sports have been highly underestimated in Nigeria.

Lagos assembly considers bill criminalising illegal organ harvesting

A bill to ‘regulate’ human organs harvesting and transplantation has scaled its second reading in the Lagos State House of Assembly.
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.

Nigerian senate probes government’s economic recovery plan

The senate has directed six of its committees to probe the federal government’s Economic Recovery and Growth Plan (ERGP).
The National Drugs Law Enforcement Agency (NDLEA) says it arrested 178 illicit drugs offenders in Sokoto State, out of which 29 persons were convicted in 2018.

NDLEA arrests medical doctor, former soldier for ‘drug trafficking’

Operatives of the National Drug Law Enforcement Agency (NDLEA) have arrested one Ibrahim Musa, identified as a former military officer, for his alleged involvement in drug trafficking.
President Muhammadu Buhari has launched a steering committee on national poverty reduction with growth strategy (NPRGS).

Nigeria’s president sets up committee on poverty reduction

President Muhammadu Buhari has launched a steering committee on national poverty reduction with growth strategy (NPRGS).
Bayern Munich have responded after UEFA rejected a request for Germany to light up the Allianz Arena in rainbow colours for Wednesday’s Euro 2020 clash with Hungary due to political reasons.

Euro 2020: Bayern respond to UEFA rainbow rejection

Bayern Munich have responded after UEFA rejected a request for Germany to light up the Allianz Arena in rainbow colours for Wednesday’s Euro 2020 clash with Hungary due to political reasons.

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The member representing Daura Federal Constituency of Katsina State in the House of Representatives, Fatahu Muhammad, has defended the suspension of Twitter from operating in Nigeria.

House member hails Twitter ban, wants media regulated

Fatahu Muhammad, the member representing Daura Federal Constituency of Katsina State in the House of Representatives, has defended the suspension of Twitter from operating in Nigeria.
French gendarmes in Redon where they intervened to stop an overnight rave that violated France’s Covid-19 curfew. June 19, 2021. Loic Venance, AFP

Many injured as French police invade social event

Five police officers were injured overnight in western France as they broke up a 1,500-strong illegal rave, authorities said Saturday, with one partygoer losing a hand in the clashes.
WHO Director-General Tedros Ghebreyesus

WHO: Coronavirus cases in Africa increase by 52 percent

World Health Organisation (WHO) Director-General Tedros Ghebreyesus says every region has countries facing a steep increase in COVID-19 cases and deaths, with cases in Africa on rapid increase.

2023: Political parties task INEC on need for new electoral laws

Eighteen political parties recognised by the Independent National Electoral Commission (INEC) has mounted pressure on the commission to impress it on the National Assembly to pass the new electoral laws before the next general election in 2023.
Russian investigators said Saturday they have detained a man on suspicion of murder after finding the body of a foreign woman the media identified as a missing American student.

Body of missing US woman found in Russia

Russian investigators said Saturday they have detained a man on suspicion of murder after finding the body of a foreign woman the media identified as a missing American student.