Anonymity
Can the government track Bitcoin?
Apart from data analysis done alone or in cooperation with private companies, authorities may request information from centralized exchanges. Due to regulation, centralized exchanges may also be obligated to share such information. However, not all cryptocurrency exchanges collaborate with authorities. A centralized exchange is a cryptocurrency exchange that is run by a single entity, such as Coinbase. To become a licensed operator in a certain country or territory, centralized exchanges need to comply with regulations. For instance, to decrease cryptocurrency anonymity and the illicit use of cryptocurrencies, most centralized exchanges have incorporated Know Your Customer (KYC) checks. KYC is meant to verify customers’ identities alongside helping authorities to analyze activity...
Are Bitcoin transactions anonymous and traceable?
It can be difficult to track Bitcoin transactions when people use various wallets and Bitcoin mixers. These factors disrupt the search process and take up a lot of time. Despite the fact that it is challenging for users of a Bitcoin wallet to conduct transactions completely anonymously, there are several ways to get close to anonymity. For example, it is possible to use a cryptocurrency mixer. In this case, it is a Bitcoin mixer, which ensures that it is more difficult to make Bitcoin traceable. This is done by mixing BTC transactions from different people together in a pool, then sending the transactions to the intended addresses. In addition, wallets can also be very difficult to monitor. If someone does not want their activities on the Bitcoin network to be traceable, it is possible to ...
Anti-war Russians start donating crypto to support Ukraine
While the West is growing increasingly concerned over Russia’s potential use of cryptocurrencies to evade sanctions, some Russians are using their Bitcoin (BTC) to help Ukrainian people. Pavel Muntyan, a renowned Russian animation producer and creator of the animated web series “Mr. Freeman,” has called on anti-war Russians to support Ukrainian citizens amid Russia’s ongoing military attack on the country. Muntyan took to Twitter on Tuesday to announce the opening of a cryptocurrency donation address for Russians who want to support Ukrainian people anonymously as Russia has banned its citizens from helping people in Ukraine. On Feb. 27, Russia’s General Prosecutor’s Office officially warned that any assistance to Ukrainians amid Russia’s “special operation” in the country would be conside...
Akwa Ibom: Police confirm attack on station
The police command in Akwa Ibom has confirmed Saturday’s attack on its Udung Uko Divisional Police Headquarters by gunmen. The state Police Public Relations Officer (PPRO), Odiko MacDon, confirmed the incident to newsmen in Udung Uko in Akwa Ibom on Sunday. Mr Macdon, a superintendent of police, said the situation would have been worse but for the gallant policemen on duty who repelled the attack. He, however, said that the three officers who sustained gunshot wounds were receiving treatment in an undisclosed hospital in the state. “Gunmen on Saturday night attacked the Divisional Police Headquarters in Udung Uko Local Government Area of Akwa Ibom. “At least three officers sustained fatal injuries, resulting from heavy gunshots as policemen on duty tried to repel the attack,” he said. Acco...
Ethiopia says army can re-enter seized Tigray capital Mekelle in weeks
The Ethiopian army could re-enter the seized Tigray regional capital of Mekelle within weeks if needed, a spokesman for a government task force said on Wednesday, adding that government-allied Eritrean forces had withdrawn from the region. It was the first public statement by a federal government official since Mekelle was taken by Tigray People’s Liberation Front (TPLF) forces this week in a major turn of events after eight months of conflict in which thousands of people have been killed. read more People in Mekelle, where communications were down on Wednesday, said on Monday incoming Tigrayan fighters had been greeted with cheers. There were similar scenes in the northern town of Shire on Wednesday, where Eritrean forces had pulled out and Tigrayan forces had entered, residents said. Peo...
Chad accuses CAR of killing six of its soldiers
The Chad government on Monday accused the Central African Republic (CAR) of killing six of its soldiers in an attack on an outpost in the south of the country. “The Central African armed forces attacked the outpost of Sourou in Chad on Sunday morning … killed a Chad soldier, injured five and kidnapped five others who were then executed in Mbang on the Central African Republic side,” Chad’s Foreign Minister Cherif Mahamat Zene said in a statement. The CAR regularly accuses its northern neighbour of supporting armed rebel groups from inside Chad. The identity of the alleged CAR rebels is yet to be confirmed but a senior Chad security official told AFP news agency, speaking on condition of anonymity, that the rebels were members of Unity for Peace in Central Africa (UPC). The UPC is one of CA...
June 12: Lagos markets shut, traders express fears
Despite Lagos State Commissioner of Police, Hakeem Odumosu’s appeal to Lagos residents to disregard any sit-at-home order by activists, marketers in Ogba axis of Lagos, shut their stores Saturday over fear of violent clashes between protesters and security agencies. A trader who pleaded anonymity told newsmen he had been at his shop since 6:00am but couldn’t open his shop because he was scared protesters may attack him. “Saturday market is the best because you have more people who couldn’t visit the market during the week come to the market to shop for the week. But I can’t open because I don’t know what form the protest will take. All the markets in my shop were secured by loan” he said. As observed, the Area G Police Station was peaceful and calm with no baracade, but four patrol vans we...
EFCC: Top government officials involved in illicit financial flows
The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country. The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad. The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Bawa, who was represented by the Head of Research Unit, Department of Policy Research a...
Police arrest ‘internet scammer’ for ‘killing’ twin brother
Delta Police Command has apprehended a suspected internet scammer at Oleh, headquarters of Isoko South Local Government Area, Delta State for allegedly killing his twin brother. The suspect, it was gathered, was found with a dog and the decomposing body of the deceased in their apartment at Old Olomoro Road on Monday after neighbours perceived a strange smell emanating from the flat. The source said the corpse of the deceased had been deposited in a mortuary in the area while the suspect and his dog were arrested by the police. Though the reason for the killing could not be ascertained at press time, sources said it may have been carried out for ritual purposes. A source who craved anonymity, disclosed that the house was locked for some days and after sometime, the people living in the com...
Osun: Five ‘gunmen’ arrested after killing two
Five suspected gunmen have been arrested after they launched an attack on a residence around Arulogun area of Ede in Osun State where they killed two persons. It was gathered about 30 gunmen invaded the Arulogun area to attack a house that belongs to Wakili Olayiwola around 5:00am last Thursday. They were said to have rained bullets on the residence. A resident, who preferred anonymity, said: “Those gunmen got to the house and started to fire bullets on the building for minutes after that they razed the car belonging to the house owner. “We are still in shock over the incident because we don’t know the reason why those gunmen perpetrated such a dastard act.” Our correspondent learnt while the gunmen were trying to raze the building, policemen arrived the scene. The gunmen engaged them in a...
Delta: Man apprehended for stabbing 15-year old girl
A middle-aged man has been arrested by the Police in Asaba, the Delta State capital for allegedly stabbing a 15-year old girl, Omelagu Chidinma at the neck region, below her lower jaw for reportedly refusing his love advances. The middle-aged man who was simply identified as Asika, according to a source is a neighbour of the victim’s parents at Infant Jesus area of Asaba. Revealing that the victim’s family are living in a batcha (bamboo house), the source who pleaded anonymity, said “trouble started when Asika woke up in the morning and accused the victim whom he had been asking out, of littering the compound. “So he called Chidinma but she did not answer because she was on the phone. When Chidinma now came out to wash her clothes, he slapped her. That was how they started fighting. “He hi...
ASEAN changed Myanmar statement on release of political detainees – sources
A draft statement circulating the day before a Southeast Asian leaders’ summit on the Myanmar crisis included the release of political prisoners as one of its “consensus” points, said three sources familiar with the document. But in the final statement at the end of Saturday’s meeting, the language on freeing political prisoners had been unexpectedly watered down and did not contain a firm call for their release, two of the sources said. The absence of a strong position on this issue caused dismay among human rights activists and opponents of the coup, fuelling criticism by them that the meeting had achieved little in the way of reining in the country’s military leaders. read more Activist monitors say 3,389 people have been detained in a crackdown on dissent by the military since the Feb....