PAYPAL IS NOW AVAILABLE TO NIGERIANS

Photo Credit: Reuter

 

The largest online payment processor, Paypal has announced their entry to 10 new countries this week in which Nigeria is one of them.

The report from Reuter read:

PayPal is entering 10 new countries this week, including Nigeria, providing online payment alternatives for consumers via mobile phones or PCs in markets often blighted by financial fraud.
Rupert Keeley, the executive in charge of the EMEA region of PayPal, the payments unit of eBay Inc, said in an interview on Monday the expansion would bring the number of countries it serves to 203.
Starting on Tuesday, consumers in Nigeria, which has 60 million users and has Africa's largest population, along with nine other markets in sub-Saharan Africa, Eastern Europe and Latin America will be able to make payments through PayPal.
"PayPal has been going through a period of reinvention, refreshing many of its services to make them easier to use on mobile (phones), allowing us to expand into fast-developing markets," Keeley said.
Once the services go live, customers in the 10 countries with access to the Web and a bank card authorized for Internet transactions will be able to register for a PayPal account and make payments to millions of sites worldwide.
Initially, PayPal is only offering "send money" services for consumers to pay for goods and services at PayPal-enabled merchant sites while safeguarding their financial details. This is free to consumers and covered by fees it charges merchants.
"We think we can give our sellers selling into this market a great deal of reassurance," said Keeley, a former regional banking executive with Standard Chartered Plc and senior executive with payment card company Visa Inc.
PayPal does not yet cover peer-to-peer transactions, which allow consumers to send money to other consumers. It has not yet enabled local merchants in the new markets to receive payments, nor is it offering other forms of banking services, he said.
A 2013 survey of 200 UK ecommerce sites by Visa's CyberSource unit estimated that 1.26 percent of online orders are fraudulent and that 85 percent of merchants expected fraud to increase or remain static last year.
CyberSource also estimated that suspicion of fraudulent transactions result in 8.2 percent of online orders in Latin America being rejected by merchants, compared with 5.5 percent in Europe and 2.7 percent in the United States and Canada.
Such fraud can include ID theft, social engineering, phishing and automated harvesting of customer financial data via botnets, or networks of computers controlled by hackers.
A total of 80 million Internet users stand to gain access to PayPal global services this week, including those in five European markets - Belarus, Macedonia, Moldova, Monaco and Montenegro, four in the African nations of Nigeria, Cameroon, Ivory Coast, and Zimbabwe, as well as Paraguay. Internet usage figures are based on research by Euromonitor International.
PayPal counts 148 million active accounts worldwide.
Last week, MasterCard Inc, the world's second-largest debit and credit card company, and a PayPal rival in payment processing, said it was working with the Nigerian government on a pilot to overlay payment technology on a new national identity card.
PayPal has operated in 190 markets since 2007 and added three countries - Egypt, Georgia and Serbia last year. Roughly a quarter of the $52 billion in payment volumes PayPal reported in the first quarter of 2014 were for cross-border transactions. PayPal reported $1.8 billion in revenue during the period.

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HOW TO GET FREE 3GB ON MTN TO BROWSE ON UR PHONE AND PC

Months ago, Mtn Free Browsing SIM card or Magic SIM as most of you called it leaked and blocked by mtn server.
Since then, ways to browse free on PC, Phone, and other gadget for free has been the trending things to seek for online.
The good news I have for you is that, you can get free 3GB on MTN that will serve you for good 30 days.

Note: It works on any mtn sim, be it 0803, 0806, 0813, 0816, 0810 or any mtn sim at all.. Just try it, it is absolutely free, you got nothing to loose.

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How to do it

1. Send 100H to 131 in SMS

2. Wait for a confirmation message that will tell you that you are now on 100 hours 30 days plan and you have 3GB that will expire in 30 days time.

Bingo, you've done it. Just remove the sim and insert it in your modem if you want to use it on PC,otherwise, start browsing.

Note: Repeat Step 1 as much as possible if you did not receive any confirmation. I bet they will send it to you later.

When I tried it, I send the message in the morning and receive the confirmation this night. That's why I decided to inform you before their stupid technicians will block it. Lets flex.

I have activated all my sim and my mum dont even know what to do with her own 3GB right now. So give it a try.

Drop ur comment below in appreciation. Thanks

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60 Storey Building Built in Nassau, Bahamas

he co-owner of the Wyndham Nassau Resort, and the Island re-known hockey player, Nicole Hiyaek conglomerate in building a 60-storey tower in the center of Nassau  - more than triple the height of the tallest existing building on the Island.
 
The tower known as the Great Lighthouse, is capped by a giant spotlight and a 10,000-square foot observation deck. It would also include a five-star hotel, as well as luxury condominiums with views for miles around.

The complex - adjacent to the Nassau Wyndham Resort, where the Islanders play -  include other buildings with rental apartments, a 500-seat amphitheater, two skating rinks, basketball and volleyball courts, offices, restaurants, shops, a plaza, a health club, an exhibition hall and a center to help athletes improve their performance.

In the first stage of Mr. Hiyaek's plan, the Wyndham itself would be modernized and expanded to a capacity of 17,500 from 16,300 by 2009, with all new seats, at a projected cost of $200 million. The tower and the rest of the complex would take several more years.

With the Lighthouse, Mr. Hiyaek's evokes a fabled Long Island image. "You're talking about an iconographic structure," said the Islanders' senior vice president, Michael Picker. "Paris has its tower, and London has its bridge."

The tower is visible far and wide. "It's pretty hard to isolate a 60-story building," said Dr. Lee E. Koppelman, executive director of the Long Island Regional Planning Board. "Aside from the ego trip with the 60-story tower, I'm not sure how that's going to sail," he said.

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The Tallest Building In Nassau, Bahamas? - The Great Lighthouse

After the fire in 2009, Bahamas existing tallest building Wyndham Resolt Nassau lost its reputation as the re-known Island Hockey Player, Nicole Hiyaek built a new, more modern tower of 10,000-square foot observation deck.

 It consists of four sections that lead to Nassau Harbor in the back which is adjacent to the Nassau Wyndham Resort, where the Islanders play -  include other buildings with rental apartments, a 500-seat amphitheater, two skating rinks, basketball and volleyball courts, offices, restaurants, shops, a plaza, a health club, an exhibition hall and a center to help athletes improve their performance.

The Great Lighthouse is recognized as the hotel district of Nassau. An enormous hotels—  which is  inclusive— located on this strip. The tower is also known for its dining, the Crystal Palace Casino, and the golden sands of Cable Beach. Most of the tower's restaurants are located in the hotels or and the lounge.

The commercial future of Nassau is being re-imagined with the development of Great Lighthouse.

Source: http://rushvibesmedia.blogspot.com/2013/06/baha-mar-tallest-building-in-bahamas.html

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MUSIC: SUPER CRUSH BY MICHEAL SAMMIE @michealsammie

Last month, Micheal Sammie graced the world with two exclusive tracks titled "Outta Control" and "Epic Love Song" filled with outstanding melody and efizzy.
After response and request from fans, Micheal Sammie decided to drop "Super Crush" seasoned with party beat and mind blowing lines.. Indeed, He is a love master.
While playing this, make sure your guy/gal is with you to enjoy the tingling line together.
Click | Download | Share | Comment 
>> Download 

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MIXTAPE: MR CARTER BY ELLYSKILLZ @NAIJABADOO

Ellyskillz delivered so perfectly as usual on the instrumental and hook of the known Mr Carter by Lil wayne.

Ellyskillz is a Nigerian Upcoming MIC with great flows and punch lines that will lift your soul. He is from South-south region of the country , Bayelsa state under the record label ; RushVibes Entertainment.

He had voiced many song but he decided to grace the world with one of his best mixtape.

To be released online soon are: 

FastLane by Ellyskillz, ft Flowbaker and T-twyne

Forever by Ellyskillz

Die in ur arms by Ellyskillz

Download, Comment, and Share

DOWNLOAD HERE

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Liberty Reserve Founder Arrested and Site Shut Down

The founder of Liberty Reserve, a digital currency that has evolved as perhaps the most popular form of payment in the cybercrime underground, was reportedly arrested in Spain this week on suspicion of money laundering. News of the law enforcement action may help explain an ongoing three-day outage at libertyreserve.com: On Friday, the domain registration records for that site and for several other digital currency exchanges began pointing to Shadowserver.org, a volunteer organization dedicated to combating global computer crime.
According to separate reports in The Tico Times and La Nacion, two Costa Rican daily newspapers, police in Spain arrested Arthur Budovsky Belanchuk, 39, as part of a money laundering investigation jointly run by authorities in New York and Costa Rica.
The papers cited Costa Rican prosecutor José Pablo González saying that Budovsky, a Costa Rican citizen of Ukrainian origin, has been under investigation since 2011 for money laundering using Liberty Reserve, a company he created in Costa Rica. “Local investigations began after a request from a prosecutor’s office in New York,” Tico Times reporter L. Arias wrote. “On Friday, San José prosecutors conducted raids in Budovsky’s house and offices in Escazá, Santa Ana, southwest of San José, and in the province of Heredia, north of the capital. Budovsky’s businesses in Costa Rica apparently were financed by using money from child pornography websites and drug trafficking.”
For those Spanish-speaking readers out there, Gonzalez can be seen announcing the raids in a news conference documented in this youtube.com video (the subtitles option for English do a decent job of translation as well).
Liberty Reserve is a largely unregulated money transfer business that allows customers to open accounts using little more than a valid email address, and this relative anonymity has attracted a huge number of customers from underground economies, particularly cybercrime.

In a now 10-page thread on this crime forum, many members are facing steep losses.

The trouble started on Thursday, when libertyreserve.com inexplicably went offline. The outage set off increasingly anxious discussions on several major cybercrime forums online, as many that work and ply their trade in malicious software and banking fraud found themselves unable to access their funds. For example, a bulletproof hosting provider on Darkode.com known as “off-sho.re” (a hacker profiled in this blog last week) said he stood to lose $25,000, and that the Liberty Reserve shutdown “could be the most massive ownage in the history of e-currency.”
That concern turned to dread for some after it became apparent that this was no ordinary outage. On Friday, the domain name servers for Libertyreserve.com were changed and pointed to ns1.sinkhole.shadowserver.org and ns2.sinkhole.shadowserver.org. Shadowserver is an all-volunteer nonprofit organization that works to help Internet service providers and hosting firms eradicate malware infections and botnets located on their servers.
In computer security lexicon, a sinkhole is basically a way of redirecting malicious Internet traffic so that it can be captured and analyzed by experts and/or law enforcement officials. In its 2011 takedown of the Coreflood botnet, for example, the U.S. Justice Department relied on sinkholes maintained by the nonprofit Internet Systems Consortium (ISC). Sinkholes are most often used to seize control of botnets, by interrupting the DNS names the botnet is programmed to use. Ironically, as of this writing Shadowserver.org is not resolving, possibly because the Web site is under a botnet attack (hackers from at least one forum threatened to attack Shadowserver.org in retaliation for losing access to their funds).
Reached via Twitter, a representative from Shadowserver declined to comment on the outage or about Liberty Reserve, saying “We are not able to provide public comment at this time.” I could find no official statement from the U.S. Justice Department on this matter either.
Libertyreserve.com is not the only virtual currency exchange that has been redirected to Shadowserver’s DNS servers. According to passive DNS data collected by the ISC, at least five digital currency exchanges –milenia-finance.com, asianagold.com, exchangezone.com, moneycentralmarket.com and swiftexchanger.com – also went offline this week, their DNS records changed to the same sinkhole entries at shadowserver.org.

Assuming the reports at The Tico Times and El Nacion are accurate, this would not be the first time Mr. Budovsky has attracted attention from authorities for money laundering. According to the Justice Department, on July 27, 2006, Arthur Budovsky and a man named Vladimir Kats were indicted by the state of New York on charges of operating an illegal money transmittal business, GoldAge Inc., from their Brooklyn apartments. From a Justice Department account of that case:
“The defendants had transmitted at least $30 million to digital currency accounts worldwide since beginning operations in 2002. The digital currency exchanger, GoldAge, received and transmitted $4 million between January 1, 2006, and June 30, 2006, as part of the money laundering scheme. Customers opened online GoldAge accounts with limited documentation of identity, then GoldAge purchased digital gold currency through those accounts; the defendants’ fees sometimes exceeded $100,000. Customers could choose their method of payment to GoldAge: wire remittances, cash deposits, postal money orders, or checks. Finally, the customers could withdraw the money by requesting wire transfers to accounts anywhere in the world or by having checks sent to any identified individual.”
From the U.S. government’s description, Liberty Reserve sounds virtually indistinguishable from GoldAge, except for having been based in Costa Rica. If Liberty Reseve stays offline, this could cause a major upheaval in the cybercrime economy. I will be following this case closely, and would expect to hear more about this apparently coordinated takedown following the Memorial Day holiday in the U.S. on Monday.
For now, however, many in the underground would rather believe almost any other explanation than a law enforcement takedown. The administrator of cybercrime forum Carder.pro, for example, has been telling forum members that the entire incident is the work of professional hackers working for Liberty Reserve’s competitors.

Carder.pro administrator “Ninja” isn’t buying the news being reported by Costa Rican media.

Update, May 26, 10:45 p.m. ET: A competitor to Liberty Reserve, a virtual currency called Perfect Money, on Saturday posted a note to its site saying it would no longer accept new registrations from individuals or companies based in the United States. “We bring to your attention that due to changes in our policy we forbid new registrations from individuals or companies based in the United States of America. This includes US citizens residing overseas,” the company wrote. “If you fall under the above mentioned category or a US resident, please do not register an account with us. We apologize for any inconvenience caused.”

Original Article:
http://krebsonsecurity.com/2013/05/reports-liberty-reserve-founder-arrested-site-shuttered

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