Weekly On Crypto And Cyber Crimes: Cyber Crime Must Not Race Ahead.

By Esther Elom

Recently, the rate of cyber crimes is rapidly increasing. Day in day out,headlines about the latest cybercrime dominate the news agenda. Criminals continue to target high profile organizations and individuals at the scale and show no signs of slowing down. Ranging from personal data consuming theft, to financial information leakage, to copyright materials these attacks…

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…

Central Bank Of Egypt Set To Ban Cryptocurrency And Encrypted Currency Trading Without Legal License

By Ogbuowelu Uchechukwu

Central Bank of Egypt (CBE) creates a new law banning the promotion or operation of platforms for issuing or trading encrypted currency or cryptocurrency without obtaining the needed legal licenses from authorities, reported Egypt Independent. The draft bills grants the CBE to issue guidelines governing the trading and dealing on encrypted currency and cryptocurrency according…

Facebook In Talk With Coinbase To Launch It’s Own Cryptocurrency.

By Ogbuowelu Uchechukwu

The social media giant Facebook reportedly in talk with the United States based Cryptocurrency Exchange Coinbase to develop it’s Cryptocurrency. As was reported by Financial Times about the Facebook’s “Globalcoin” project. Facebook has discussed the initiative with major crypto exchange and wallet Coinbase. The report also notes that Facebook reportedly spoke with the Gemini exchange,…

Bitcoin Bull Run: Bitcoin Rises Above $7460 And Still Rising

By Ogbuowelu Uchechukwu

Bitcoin reaches an all time high of $7470 since 2019 at press release. The cryptocurrency market turned a big green after a long bear market since 2019. Bitcoin Price went up with a 43 percent increase since April 2019. The bitcoin price dominates the market with 56.8 percent dominance. The total market capitalization of bitcoin…

Award Winning Tennis Player Serena Jameka Williams Invests In Coinbase.

By Ogbuowelu Uchechukwu

World Famous Tennis Player, Serena Jameka Williams revealed in an instagram post dated April,2019 that she had invested in over 30 companies worldwide since 2014. Serena Williams revealed she had invested in over 30 companies worldwide including coinbase through her business brand Serena Ventures . “I launched Serena Ventures with the mission of giving opportunities…

FACEBOOK TO BUILD DECENTRALIZED ID SYSTEM FOR USERS AND DEVELOPERS.

By Ogbuowelu Uchechukwu

Mark Zuckerberg the CEO of Facebook, the largest social media platform discloses the company’s intentions to build a Decentralized ID system for users. Facebook intends to utilize blockchain technology as an alternative for the popular in app integration —Facebook Connect for both users and developers. This will create an alternative to users and developers to…