CBN intervenes at the Retail Market with 280.04m US Dollars And 28.3m CNY

By Diutocoinnews

The Retail Secondary Market Intervention Sales (SMIS) received a boost of 280.04 million dollars and 28.3 million Chinese Yuan from the Central Bank of Nigeria (CBN) reports Guardian.ng The bank’s Director, Corporate Communications Department, Mr Isaac Okorafor, made this known in a statement in Abuja on Friday. “CBN also injected CNY 28.3 million in the…

Cybercrime: A Threat To The Society.

By Esther Elom

Cybercrime is an emerging serious threat to our society today. Worldwide governments, police departments and intelligence units have started to react. This is so because crime is the direct opposite of development. It leaves a negative social and economic consequence.       Cybercrime can be seen as any unlawful act committed on the internet using the computer…

Things You Must Know About Libra Cryptocurrency. The Facebook New Cryptocurrency.

By Ogbuowelu Uchechukwu

Libra Cryptocurrency dubbed Facebook cryptocurrency is set to launch mid 2020 after the whitepaper was released in June 2019. Many financial institutions has taken a negative stance towards Libra development. Some notable financial institutions around the world has spoken on its negative effects towards the financial institutions. The US government has ordered Facebook to halt…

Why Bitcoin As A Ransom

By Diutocoinnews

      Lately, the global interest in bitcoins has grown. So, it becomes extremely important to understand the basics of bitcoin and other virtual currencies. Bitcoin, and its alternatives are all based on cryptographic algorithms which are encrypted. This makes the currency decentralized giving ownership to the user.       These can be purchased through an online exchange or…

What Is The Facebook’s New Cryptocurrency Called Libra Cryptocurrency.

By Diutocoinnews

Libra cryptocurrency is the new Facebook digital money dubbed Libra which was announced on Tuesday June 18 by Facebook. The Facebook new cryptocurrency ‘Libra’ was created to “enable a single global currency and financial infrastructure that empowers billions of people”. It will help users send and receive money on WhatsApp, Facebook Messenger and Instagram. The…

Hacker Moves $6 million Stolen Funds From Binance.

By Ogbuowelu Uchechukwu

Binance hackers are moving once more, part the stolen assets. Confirm, affirmed the move of assets from the binance hacker address. From Coinfirm’s report, the hackers moved 1,060.64474480 BTC or $6,148,122.40 in various events lessening its number in various events. On June 12, 2019, the hacker moved over $6 million from this bitcoin wallet, bc1q2rdpyt…..,…