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The US Department of Justice says it has dismantled three online fundraising campaigns involving terrorist organizations, including Al Qaeda, ISIS, and the al-Qassam Brigades (Hamas’ military wing).

US says it has seized millions in cryptocurrency meant to fund terrorist groups

The US Department of Justice says it has dismantled three online fundraising campaigns involving terrorist organizations, including Al Qaeda, ISIS, and the al-Qassam Brigades (Hamas’ military wing). In doing so, the DOJ seized millions of dollars in cryptocurrency that was meant to fund the groups. It’s “the government’s largest-ever seizure of cryptocurrency in the terrorism context,” per the department.
Dollar

Dollar slips after political wrangling slows rally

A dollar rebound faltered on Tuesday as political wrangling over a United States relief plan and the gloomy outlook weighed on the currency.
Graham Ivan Clark, 17, was arrested Friday in Tampa, where the Hillsborough State Attorney’s Office will prosecute him as an adult. He faces 30 felony charges, according to a news release.

Florida teen arrested as mastermind of Twitter hack

A Florida teen was identified Friday as the mastermind of a scheme earlier this month that commandeered Twitter accounts of prominent politicians, celebrities and technology moguls and scammed people around the globe out of more than $100,000 in Bitcoin. Two other men were also charged in the case.

Hackers hijack accounts of prominent Twitter users

Twitter said hackers accessed its internal systems to hijack some of the platform’s top voices including U.S. presidential candidate Joe Biden, reality TV star Kim Kardashian, former U.S. President Barack Obama and billionaire Elon Musk and used them to solicit digital currency.
The Federal Bureau of Investigations (FBI) has said that $15.3million, which is part of the money Olalekan Jacob Ponle aka Woodberry stole, was stashed away in a Bitcoin (BTC) wallet.

How FBI tracked Hushuppi’s ally Woodberry via WhatsApp, iPhone

Olalekan Jacob Ponle, popularly known as Woodberry, was nabbed through details accessed from his WhatsApp, iPhone and Bitcoin transactions, court documents reveal.
Cryptocurrency

Report: Cryptocurrency crime losses more than double to $4.5 billion in 2019

Losses from cryptocurrency crime surged to 4.52 billion dollars in 2019, as insider theft soared even as hacking losses declined, according to a report from blockchain forensics company CipherTrace.
The Nigerian Financial Intelligence Unit (NFIU) has disclaimed reports that it requested the bank account details of officers of the national assembly and the judiciary.

Wealthy Nigerians on edge over NFIU searchlight

Recalcitrant tax defaulters, high-end politicians, top civil servants, businessmen and other wealthy Nigerians with questionable sources of income are now in panic mode as the Nigerian Financial Intelligence Unit (NFIU) and other anti-graft agencies began beaming their searchlight on them in line with the Federal Government’s effort to retrieve state funds tallegedly siphoned in shady transactions.
HTC and Bitcoin.com have teamed up to help HTC’s flagship Exodus 1 smartphone drive cryptocurrency trading and usage.

HTC partners with Bitcoin.com to support cryptocurrency smartphone Exodus 1

HTC and Bitcoin.com have teamed up to help HTC’s flagship Exodus 1 smartphone drive cryptocurrency trading and usage.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

France will block development of Facebook Libra cryptocurrency

France warned Thursday it will block development of Facebook’s planned Libra cryptocurrency in Europe because it threatens the “monetary sovereignty” of governments.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

Facebook’s Libra currency ‘could undermine ECB’ – official

Widespread adoption of Facebook’s proposed “Libra” cryptocurrency could harm the European Central Bank’s ability to manage the eurozone economy and threaten the euro itself, a top official said Monday.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

EU antitrust regulators have Facebook’s Libra currency in sights

Regulators are reportedly concerned that the Libra currency could shut out rivals and create “competition restrictions” related to the use of information and consumer data. The EU is also examining the integration of Libra wallets into Facebook’s WhatsApp and Messenger services, according to Bloomberg.
Facebook more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to $22.6 million, a regulatory filing showed on Friday.

Facebook to create a privacy panel as part of $5 billion FTC settlement

The Federal Trade Commission is set to announce on Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said.
An investigation by The Washington Post has uncovered a dozen accounts, pages, and groups across Facebook and Instagram which misleadingly claim to be official hubs for Libra, Facebook’s proposed digital currency.

Libra scams are already proliferating on Facebook

An investigation by The Washington Post has uncovered a dozen accounts, pages, and groups across Facebook and Instagram which misleadingly claim to be official hubs for Libra, Facebook’s proposed digital currency. In some cases these pages, which were only removed after WaPo reported them to Facebook, offered to sell Libra at a discount through third-party websites.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

Facebook tells US Congress how it thinks its cryptocurrency Libra should be regulated

Facebook will not launch the cryptocurrency Libra until it has “fully addressed regulatory concerns,” according to David Marcus, the head of Facebook’s Calibra. The remarks are prepared testimony he plans to give tomorrow, in front of the US Senate Banking Committee.
French President Emmanuel Macron delivers his speech to honor Japan’s architect Arata Isozaki at the Elysee Palace in Paris on May 24, 2019. Isozaki is the laureate of the 2019 Pritzker architecture prize.-br --Francois Mori - POOL - AP - AFP

France sets up task force to deal with Facebook’s cryptocurrency

France is creating a G7 task force to ensure that transnational crypto currencies like Facebook’s Libra are regulated to protect the economy and the consumer.
France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.

France responds to Facebook’s Libra with new cryptocurrency task force

France is creating a G7 task force to study how central banks ensure cryptocurrencies like Facebook’s Libra are governed by regulations ranging from money-laundering laws to consumer-protection rules, France’s central bank governor said on Friday.
Calibra Digital Wallet

Facebook announces Libra cryptocurrency and Calibra digital wallet

Facebook announced its cryptocurrency Libra and a global association of organizations that will govern it. And Facebook also announced Calibra, a new subsidiary that will build a digital wallet for Messenger, WhatsApp, and a standalone app on iOS and Android.
Facebook

Report: Facebook’s new cryptocurrency may launch this month

Facebook will announce a new cryptocurrency this month, according to a report by The Information. Facebook employees who work on the project, called Libra, can choose to be paid in the cryptocurrency token instead of hard cash, the report says. Previous reports have suggested that a global launch would happen next year.

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The Secretary to the Government of the Federation (SSG), Boss Mustapha, on Tuesday disagreed with Director General of the Nigerian Centre for Disease Control (NCDC), Chikwe Ihekweazu, when he called on the House of Reps to amend the Quarantine Act.

PTF: 684 out of 13,844 evacuated Nigerians test positive for coronavirus

Boss Mustapha, chairman of the presidential task force, PTF, Thursday said that out of thirteen thousand, eight hundred and forty-four, (13,844), evacuees tested for covid-19, about six hundred and eighty-four, (684), came out positive.
At least 18 people including eight Somali government soldiers and 10 al-Shabaab militants were killed, and more than 13 others wounded when fighters from al-Shabaab attacked Somali National Army and African Union peacekeeping mission troops bases

22 Bandits arrested, kidnap victims rescued by troops in Katsina, Zamfara

Soldiers under Operation Sahel Sanity have succeeded in arresting about 22 suspected bandits, informants, and their food suppliers during various operations conducted in Katsina and Zamfara states.
According to a Labour Force Statistics report published on Friday, August 14, the NBS said the unemployment rate in Nigeria increased from 23.1% in Q3 2018, to 27.1% in Q2 2020.

21.7 million Nigerians unemployed as number of people willing to work drops

A total of 21,764,618 Nigerians were unemployed as of June 2020, according to the Nigerian Bureau of Statistics (NBS).
Robert Lewandowski has urged Bayern Munich to make three new signings as he vented his frustrations at a lack of arrivals at the Bundesliga champions.

Rivaldo: Robert Lewandowski will beat Lionel Messi to player of the year if Bayern...

Barcelona legend Rivaldo has responded to German icon Lothar Matthaus's assertion that Bayern Munich's Robert Lewandowski is the best player in the world ahead of Friday's Champions League clash, with the Brazilian still convinced Lionel Messi holds that honour.
The Nigeria Police Force says its investigation shows that Boko Haram, Ansaru and other terror groups are getting support from some Nigerians.

Nigerian government plans more training facilities for police, others

Buhari, who made this pledge on Thursday during the inauguration of a police college in Endeh Hills area of Nasarawa Eggon Local Government Area in Nasarawa State, said the measure was aimed at tackling the persistent banditry, kidnapping and armed robbery across the nation.