Wishesh magazine january 2018 Wishesh magazine january 2018 | Page 77
4- April 2017: Japan officially
recognises Bitcoin as
currency:
Japan has officially
recognized bitcoin and digital
currencies as legal money
along the lines of other fiat
currencies with effect from
April 1, 2017. The recognition
comes after implementation
of a new law amending
Banking Act in Japan for
legalizing these currencies.
5- May 2017: Ransomware
Cyber Attack Plays Havoc in
Several Countries:
A global cyberattack has
crippled nearly hundred
countries, including India.
A cyber gang called
Shadow Brokers, which is
a mysterious organization
is held responsible for this
massive cyberattack. The
organisation has carried
out the attack by stealing a
hacking tool called ‘Eternal
Blue’ from NSA. The hacking
tool Eternal Blue gives
unprecedented access
to all computers using
Microsoft Windows. It was
developed by NSA to gain
access to computers used by
terrorists and enemy states.
Ransomware is a type of
malicious software when
infected restricts the user
access until a ransom is paid
to unlock it
6- June 2017: Paris Climate
Deal: US to Withdraw:
President Donald Trump has
announced that the United
States is set to withdraw from
the historic 2015 Paris Accord
as the accord was hurting
his country and economy
very badly. However, he
JANUARY 2018 | WWW.WISHESH.COM