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List of Nigerian Banks with Hidden and Fraudulent Charges on USD Card Transactions

Monday, October 2, 2017

I will be listing Nigerian Banks that charge hidden/fraudulent charges on FCY Transactions that you might find hard to detect until you cross-check your Bank statements.
All listed Banks has been tested by me with Evidence at time of writing, so if you have any questions or counter claim, you can use the contact form or comment box below.

1. GTBank: 0.2% of the transaction value.
   i.e If you're doing $1,000 transaction, you would need $1,002 in your account, otherwise the transactions won't go through.
    GTbank charges an hidden charge of 0.2% on all FCY transactions, however they seem to refund this charge after the merchant finally deduct the real value.

2. UBA (Mastercard): 1% of the transaction value or minimum of $0.22 with 5% VAT.
    i.e If you're doing $1,000 transaction, you would need $1,010 in your account, otherwise the transactions won't go through.
    UBA charges an hidden charge of 1% or Minimum of $0.22 with 5% VAT on all FCY transactions on their Mastercard and they DO NOT refund the money.

3.  Diamond Bank PLC: $5 on some specific FCY Transactions.
    i.e If you're doing $1,000 transaction, you would need $1,005 in your account, otherwise the transactions won't go through.
     Diamond Bank charges an hidden charge of $5 on some specific FCY transactions and they DO NOT refund the money.

More banks will be added as they become available. I advice you trade with caution with the above banks when it comes to FCY transactions.



NB: None of this charges are stated on the card issuance Terms and Conditions or on their website, hence the need to bring this up to the public and a call for CBN to address the issue.

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Differences Between Kerosene & Aviation/Jet Fuel

Saturday, September 30, 2017

Kerosene is the main ingredient in jet fuel, so it works; just not quite as nicely as the blended products, perhaps.
Jet fuel is basically kerosene on steroids. There are several proprietary jet fuel formulas, but most of them contain chemicals intended to help jet engines burn the fuel more cleanly and more efficiently, and to help prolong engine life as well. In fact, kerosene and jet fuel are nearly identical in every way except for a few additives in modern jet fuel.

Jet Fuel Chemistry

Kerosene is sometimes used synonymously with jet fuel in some conversations. However, jet fuel chemistry does some serious "tweaking" of the basic kerosene it is made from, by adding chemical ingredients. U.S. Oil & Refining uses Cyclohexane, 1,2,4 Trimethylbenzene, Benzene and Toluene.
Jet fuel producers use different formulas and ingredients in their refinement and production. Tesoro Corporation uses Napthalene, Ethyl Benzene and Diethylene Glycol Monomethyl Ether.
These additives and ingredients are intended to help minimize fuel gumming, static charges, corrosion and icing. Most jet fuels are considered to be hazardous products.

Kerosene

Kerosene itself is simply a distillation product of petroleum. It is the basis for jet fuel, as well. Kerosene is used in many applications, and even in some jet engines, although steady use of raw kerosene in jet engines (without the typical additives in jet fuel) might not always be prudent.

Kerosene is known by a variety of names around the world, including "parrafin oil" in the United Kingdom and "Stove Oil" in Canada. Kerosene is primarily used for heating homes and other buildings, as fuel for some vehicles and equipment, and as a source of emergency lighting during power outages. Kerosene is considered to be a hazardous product.

Considerations: Kerosene vs. Jet Fuel

It is not recommended that jet fuel be used in place of kerosene in any appliances or equipment that is not designed to operate with the chemical additives found in some jet fuel products. Many of those components are toxic and may create dangerous conditions when burned.

That said, kerosene, can, of course, be used in jet engines, as already discussed. Kerosene is the main ingredient in jet fuel, so it works; just not quite as nicely as the blended products, perhaps.

Curled from: Hunker

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How to Monetize Your Website Using Reader's CPU Power to Mine Monero

Tuesday, September 19, 2017

 I have always looked forward to some sought of cryptocurrency micro-payment for blogging, where there won’t be need to show adverts, pop-ups, banners e.t.c However, there seem to be challenges when it comes to start-up publishers.
All this is about to change as a new service called CoinHive is making it easy for you to monetize your website using readers CPU power to mine Monero as they browse through your articles and get paid in Monero.


CoinHive offers 3 types of monetization features.

1. Proof of Work Captcha



The Proof of Work Captcha works in the same way like the normal captcha service, however with the Proof of Work captcha, users need to solve a number of hashes (adjustable by you) in order to submit a form. This prevents spam at an inconvenience that is comparable to a classic captcha. All with the added benefit of earning you some Monero.


2. Proof of Work Shortlinks
If you have an URL you'd like to forward your users to, you can create a cnhv.co shortlink to it. The user has to solve a number of hashes (adjustable by you) and is automatically forwarded to the target URL afterwards.
Example: https://cnhv.co/9mm (this just forwards to the Monero article on Wikipedia)


3. Flexible JavaScript Functions
The JavaScript API lets you tie solved hashes to user accounts on your site, giving you the freedom to offer your users arbitrary incentives to solve hashes for you.
Start the mining process by loading the CoinHive library and using "miner.start();" to call the start function:
<script src="https://coin-hive.com/lib/coinhive.min.js"></script>
<script>
 var miner = new CoinHive.User('<site-key>', 'john-doe');
 miner.start();
</script>

Or check balance by calling this function:
curl "https://api.coin-hive.com/user/balance?name=john-doe&secret=<secret-key>" # {success: true, name: "john-doe" balance: 4096}
Use Cases:
For example, A website can make you mine Monero each time you read a story, and can let it stop 60seconds later or 5minutes later. Or they can even make you mine Monero at random interval as you browse through the website.

This might even be used in games and apps to replace advertisements. CoinHive takes 30% share of total mining and pay out 70% to your Monero wallet. Though, the money earned compared to ads might be less. But who knows, Monero price could go up and lead to something really interesting in terms of profit.

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Massive database containing over 560 million passwords discovered

Tuesday, May 16, 2017

credit:shutterstock
Looks like it’s time to change passwords again. Security researchers have discovered a massive database of login credentials — over 560 million emails and passwords — put together by an unknown person. All of the information is insecure.
The database was discovered by the Kromtech Security Research Center, who ran the information with Troy Hunt. Most of the information is already on Hunt’s Have I Been Pwned site, which allows users to see if their accounts have been compromised in previous data breaches.

That means most of the information contained on this database was compromised during other incidents at sites such as LinkedIn, LastFM, Tumblr, and Dropbox. So if you didn’t change your password during the original breach on any of those sites, now (when the information is floating around) is definitely the time to do it.
No one knows who actually put the database together, but the researchers are calling them “Eddie” after a user profile name in the data.

Curled from: TNW
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