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Bug bounty quadruples for Ethereum network — Up to $1M payouts ahead of Merge

The Ethereum Foundation has announced it will be increasing the network’s bug bounty payouts fourfold ahead of the blockchain’s transition to proof-of-stake. In a Wednesday blog post, the Ethereum Foundation said between Aug. 24 and Sept. 8, all “Merge-related bounties for vulnerabilities” will be quadrupled for white hats testing the network. According to the foundation, identifying “critical bugs” — those that have a high impact or likelihood of a high impact on the blockchain — will be worth up to $1 million. The bounty program also allows submissions for low, medium and high-risk bugs. • Merge Bug Bounty Bonus: There is a 4X MULTIPLIER between now and 08 September on all bounties and vulnerabilities, with critical bugs worth up to $1mm USD • See full post for updated Execution Layer (E...

Nigerian community disturbed over looting, destruction, violence in South Africa

The Nigerian Union South Africa (NUSA) has expressed concern over the looting, destruction and violence that has trailed the incarceration of former President Jacob Zuma of South Africa. NUSA, in a statement made available to newsmen by its President, Adetola Olubajo, urged Nigerians in South Africa, most especially in various cities in Kwa Zulu Natal and Gauteng Provinces, to be vigilant and adopt safety and security measures. ‘The union is highly disturbed seeing the extent of looting, destructions and violence perpetrated by the angry protesters during our fact-finding trip to Johannesburg this morning. ‘Violent protest erupted in KZN province during the weekend after the incarceration of former President of South Africa, Jacob Zuma. Over 18 trucks were set ablaze, businesses looted and...

UNN vice chancellor: Coronavirus pandemic most global challenge since World War II

Prof. Charles Igwe, the Vice-Chancellor of University of Nigeria, Nsukka (UNN) has said that COVID-19 pandemic is arguably the most global challenge since world war II. Igwe said this in Nsukka on Monday during UNN 1st Annual International Conference titled: “A Whole New World; Research, Development and Innovation in the Pandemic Era.” He said that COVID-19 which has killed many people across the globe as well as infected many others has affected the economy, lives, people’s ways of living in virtually every country of the world. “COVID-19 pandemic is the most serious global challenge since the world war II the world has witnessed. “As this has affected the economy, people’s ways of life and behaviour of entire people of the world,” he said. He commended federal government on handling the ...

IPOB: No harm should befall Nnamdi Kanu

Barely 24 hours after his arrest was made public, the Indigenous People of Biafra on Wednesday, warned that nothing must happen to its leader, Nnamdi Kanu. The organisation which said Kanu was kidnapped by the government agents promised to “expose details of his abduction later”. Spokesperson for IPOB, Emma Powerful, said these in a statement titled, ‘Nothing should happen to our leader, IPOB tells FG’. According to him, IPOB would not be intimidated into backing out of the struggle, despite Kanu’s arrest. The statement read, “We the global movement of the Indigenous People of Biafra ably led by our great leader Mazi Nnamdi Kanu, confirm the abduction of our Leader, Mazi Nnamdi Kanu by the Nigerian Government and her security operatives. We shall expose details of his abduction later. “Our...

PDP cautions Zamfara governor, lawmakers over plan to defect to APC

The Peoples Democratic Party has cautioned the Governor of Zamfara State, Bello Matawalle, members of the Zamfara State House of Assembly, and those of the National Assembly from the state against defecting to the All Progressives Congress. Newsmen reported that Matawalle will dump the PDP for the APC tomorrow. Reacting, the PDP stated that Matawalle defecting to the APC amounts to a decision to vacate office. According to the party, “No law allows him to cross over to any other party with the governorship mandate statutorily given to the PDP through the ballot box.” This was disclosed in a statement titled, ‘Zamfara: PDP Cautions Matawalle, NASS, SHoA Members Against Defection,’ signed by the PDP National Publicity Secretary, Kola Ologbondiyan. It read, “The PDP is watching developments i...

French, German leaders urge EU coordination on reopening borders

German Chancellor Angela Merkel and French President Emmanuel Macron called on Friday for European Union countries to coordinate their COVID-19 border reopening policies and guard against new variants of the virus. Macron said EU countries must be careful not to allow new variants to spread, adding that the EU was watching developments in Britain, which has seen a steep rise in the weekly reported cases of the Delta variant. “Some countries have reopened their borders earlier for tourist industry reasons, but we must be careful not to re-import new variants,” he told a joint news conference with Merkel before a working dinner at the chancellery in Berlin. Merkel added: “We can’t act as if the coronavirus is over.” “Caution is still necessary so that we have a summer of many freedoms, if no...

Iran says nuclear talks policy won’t change after presidential vote

Iran’s policy in talks with world powers to revive the 2015 nuclear accord will remain unchanged after a June 18 presidential election because the issue is decided by its highest leadership, a government spokesman said on Tuesday. A host of barriers to the revival of the nuclear deal remain firmly in place ahead of talks due to resume this week, suggesting a return to compliance with the accord is still a way off, diplomats, Iranian officials and analysts said. “We have shown that we adhere to our international obligations under all circumstances, and this was a national decision,” cabinet spokesman Ali Rabiei told a weekly news conference. Rabiei said Iran’s nuclear policy, set by Supreme Leader Ayatollah Ali Khamenei, is not linked to internal developments and that the new government wou...

South-East National Assembly caucus decry attacks, killings in Igbo land

The South-East Caucus of the National Assembly said it was surprised with the recent spike in violence in the South-East region, noting that it is now worried over the latest developments, which have thrown Igbo land into violence and confusion. The caucus led by a former deputy Senate President, Senator Ike Ekweremadu (PDP, Enugu) is a platform of all Senators and Members of House of Representatives from the South-East zone irrespective of political party. It, therefore, called on the Inspector General of Police, Usman Alkali Baba, to dig deep in his investigations to unravel the actual identities of the unknown gunmen causing havoc in the South-East. In a statement issued on Sunday and jointly signed by 10 federal lawmakers cutting across both chambers of the National Assembly, the South...

Group urges President Buhari to suspend NDDC forensic audit

The South South Reawakening Group, has called for the immediate suspension of the ongoing forensic audit of the Niger Delta Development Commission (NDDC), describing it as a “circus of corruption”. Converner of the group, Joseph Ambakederimo, in a statement, urged President Muhammadu Buhari to appoint a board for the NDDC to start a new phase for the development of the region. According to them, it was no longer news that the forensic audit ordered by the President has now been turned into “a circus for mismanagement and misappropriation of public funds to oil the machinery of political interests of a few, while the region and its people continue to suffer the perpetual psychological torture of these buccaneers.” The group recalled that the NDDC is still presently being run by an interim s...

Katsina governor: Kebbi boat mishap a major national tragedy

Governor Aminu Bello Masari of Katsina State, has said that the recent boat mishap in Warrah, in Ngaski Local Government of Kebbi State was a major national tragedy . Masari stated this on Sunday, in Birnin Kebbi, when he led a high powered delegation, for the condolence and commiseration visit to Kebbi state Governor, Senator Abubakar Atiku Bagudu. ”The tragic incident had consumed the lives of over 100 persons and in Nigeria, just like in other climes, tragedies of such disturbing magnitude call for national mourning and concerns. ”That is why we are here ,on behalf of government and people of Katsina State, to express our deepest condolences and commiseration to the families of the victims, people and Government of Kebbi State,” he said. Masari also expressed hope that,the deceased have...

President Buhari seeks international support for peaceful transition in Chad

President Muhammadu Buhari Tuesday called on the international community to support a peaceful transition from military to democratic government in Chad. He made this known at a summit put together to discuss recent developments in Chad after the death of President Idris Deby last April. At the summit, Mr Buhari called on: “development partners and countries particularly France, the United States, United Kingdom, Germany, the Netherlands, and Russia; the United Nations, the African Union and the European Union, as well as other friendly and partner nations to support the transition framework put in place by Chad’s Transition Military Council led by General Mahamat Idris Deby.” ‘‘The need to support the Chadian government to effectively carry out its planned 18-month transition is sacrosanc...

President Buhari presides over extraordinary summit of Lake Chad Basin Commission

President Muhammadu Buhari has summoned an extraordinary summit of Heads of State and Government of Lake Chad Basin Commission (LCBC) at the Transcorp Hilton Hotel, Abuja. Newsmen report that other sub-regional leaders participating in the summit include the Presidents of Niger Republic, Mohamed Bazoum and Central African Republic, Faustin Touadera. Others are Mahamat Idriss Deby, President of the Transitional Military Council of the Republic of Chad, while Cameroon’s President Paul Bryan, was represented at the meeting. Other participants at the summit include representatives of Mohamed Al-Menfi, Chairman of the Presidential Council of Libya, and the Sudanese President. Newsmen report that the leaders would be discussing the growing security threats in Sahel and Lake Chad region, politica...