HACKERS STEAL $6.3 BILLION FROM BINANCE IN RECORD CRYPTO HEIST. (PHOTO).

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 Hackers steal $6.3 billion from Binance in record Crypto Heist Hackers have stolen $6.3 billion from Binance, the world’s largest cryptocurrency exchange, in the biggest crypto heist in human history. “This was a complex attack, and we are doing all we can in coordination with law enforcement to resolve it,” Binance said in a post about the breach, which has shaken the cryptocurrency market. The cryptocurrency exchange said on Friday that deposits were unaffected and that it was working with partners to freeze some of the affected assets, with about $3 billion located so far. Withdrawals have been suspended for the next day. Binance did not mention the status of the remaining $3.3 billion, but said it will cover all losses. The cryptocurrency exchange said on Friday that deposits were unaffected and that it was working with partners to freeze some of the affected assets, with about $3 billion located so far. Withdrawals have been suspended for the next day. Binance did not mention...
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FG TO HAND OVER NATIONAL GRID TO INDEPENDENT OPERATORS. (PHOTO)

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 FG to hand over national grid to independent operators


The Federal Government, through the Nigerian Electricity Regulatory Commission, has said discussions are ongoing to transfer the management of the national grid to Independent System Operator in line with the provisions of the Electricity Act 2023 to engender more discipline in grid management.


NERC also revealed that an explosion incident at the Jebba transmission station was the cause of the latest national grid collapse that occurred early Saturday.


According to the commission, efforts to restore supply have progressed significantly, with power restored in 33 states and the Federal Capital Territory as of 1 pm on Saturday.


For the third time in one week, the national grid collapsed again on Saturday morning leading to a mass power outage.

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