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...

NASARAWA POS OPERATORS LAUNCH TASK FORCE TO COMBAT FRAUD. (PHOTO).

Nasarawa PoS Operators Launch Task Force to Combat Fraud


The Nasarawa State chapter of the Association of Mobile Money and Bank Agents in Nigeria (AMMBAN) has launched a Joint Task Force to address fraud committed by criminal Point of Sale (PoS) agents in the state. The initiative, unveiled at the AMMBAN State Secretariat in Karu Local Government Area, aims to ensure secure and efficient financial services by PoS operators.


Noah Enesata, the state Chairman, emphasized that the task force would collaborate with security agencies and stakeholders to quickly achieve its goals of eliminating financial crimes across Nasarawa's 13 Local Government Areas.


The newly formed task force includes Simon Emeka-Kenneth as Chairman, Salisu Ibrahim as Secretary, and other key members. Enesata highlighted the rising concerns over fraud, including cases where PoS machines were used for illegal activities like theft, kidnapping, and ransom collection.


He also noted that PoS operators should have physical locations for accountability, assuring that AMMBAN will continue to follow Central Bank of Nigeria (CBN) guidelines to ensure trustworthy services. The new task force chairman, Simon Emeka-Kenneth, pledged to enforce these guidelines and tackle fraud, urging Governor Abdullahi Sule to work with the CBN to resolve cash shortages in the state.


The event was attended by several dignitaries, including Jile Modupe-Janet, AMMBAN Chairman of the Abuja branch, and Danjuma Umar, the state’s AMMBAN Treasurer.

 

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