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South African Man Charged in U.S. Court for Fraud Involving $28 Million in Bitcoin and Forex

A South African man has been charged with fraud in the Maryland District Court for allegedly scamming $28 million from over 1,000 investors. Dennis Jali, a former resident of Maryland, targeted church-going African immigrants, promising them guaranteed returns on his supposed bitcoin (BTC) and foreign currency investment pool. дальше »

2020-9-5 06:45


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Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions

With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also attract masses to cryptocurrencies. дальше »

2020-8-28 10:30


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South African Bitcoin Investment Company Faces Fresh Scam Allegations

FX Choice, a forex and crypto trading company, is making new allegations that South African bitcoin investment company, Mirror Trading International (MTI) is a multi-level marketing scam. The company says it uncovered this after researching into MTI, a firm that claims to have “118,027 members in 192 countries” and ostensibly sees “12,879. дальше »

2020-8-4 23:00


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Cardano (ADA) is looking to challenge subscription industry, launches African initiative

Cardano (ADA), an ambitious blockchain project developed by IOHK, is looking to challenge the subscription industry with its Ouroboros protocol. The Cardano Foundation has also announced that it will be utilizing the newly formed South African National Blockchain Alliance (SANBA) to further explore ways to use blockchain technology in the region. дальше »

2020-4-29 00:30


Binance Adds 15 New Instant Fiat-to-Crypto Conversions With Simplex Partnership

Trying to corner local markets, the Malta-based crypto exchange Binance has added support for 15 more fiat currencies through the integration with Simplex. Gateways for currencies like the Korean won, the Swiss franc, the Polish zloty, the South African rand and the Australian dollar have been created and made available through the exchange’s fiat-to-crypto trading […] дальше »

2020-2-14 19:06


South African exchange OVEX removes altcoin trading markets to focus on OTC

OVEX, a South African-based bitcoin and cryptocurrency exchange company, has informed its customers of the removal of certain altcoin trading markets. Starting today, Tuesday, February 11th, 2020, OVEX will be permanently removing the following trading pairs from its Advanced Exchange and Simple Buy/Sell: ADA/BTC BAT/BTC BTT/BTC CVC/BTC EOS/BTC LINK/BTC OMG/BTC REP/BTC TRX/BTC XMR/BTC XRP/BTC All […] CryptoNinjas: South African exchange OVEX removes altcoin trading markets to focus on OTC дальше »

2020-2-11 07:59