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South African Investors to Lose $13 Million as Bitcoin Scammer Declared Bankrupt
A South African high court has declared an alleged bitcoin scam mastermind, Willie Breedt, bankrupt. The court decision follows an application by one disgruntled investor, Simon Dix, a News24 report states. дальше »
2020-7-8 08:25 | |
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South Africa Leads Crypto Revolution in Africa – Challenges Spur and Slow Adoption
Africans rank atop global cryptocurrency ownership rates, according to a new report by Arcade Research. South Africa ranks third globally with 13% of its internet users owning or using cryptocurrencies, while 11% of connected Nigerians own cryptocurrencies in the fifth-placed populous West African country. дальше »
2020-5-24 16:35 | |
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Another Demand Source for BTC In a World of Central Banks’ “Whatever it Takes” Stance
Bitcoin is up about 21% against USD YTD but a whopping 74% against Brazilian Real, 60% in South African Rand, 52% in Mexican Peso, 45% against Turkish Lira, and more than 44% in both Russian Ruble and Colombian Peso. дальше »
2020-5-13 23:03 | |
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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 | |
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Binance South Africa may list XRP/ZAR as interest among users rises
Binance recently launched a fiat on-ramp for the South African Rand [ZAR]. With a noted crypto-entity such as Binance entering one of Africa's most vibrant marketplaces, the country's interest in crypThe post Binance South Africa may list XRP/ZAR as interest among users rises appeared first on AMBCrypto. дальше »
2020-4-14 15:00 | |
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Cardano Partners South Africa National Blockchain Alliance to Foster Technology Adoption
On April 7, 2020, decentralized smart-contract platform Cardano (ADA) announced that it had partnered with the South African National Blockchain Alliance (SANBA) to explore ways to expand its footprint in the African country. дальше »
2020-4-9 15:00 | |
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Binance News Update: OTC Trading Portal, Fiat On-ramp for S.A Rand and Flexible Deposits for LTC & TRX
In brief: The team at Binance has made 3 major announcements in less than 24 hours. Firstly, Binance launched a new Fiat on-ramp for the South African Rand (ZAR). Secondly, the team launched a new OTC trading portal. дальше »
2020-4-2 13:07 | |
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Binance to Launch Fiat Support in South Africa, Donate $1M to Blockchain Education
Changpeng Zhao announces the launch of fiat support for South African users
дальше »2020-3-15 04:00 | |
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Africa's millennials may be drawn to Bitcoin as a hedge against inflation
South Africa is one of the countries that has recorded rapid cryptocurrency growth recently. Be it the South African Reserve Bank [SARB] calling for solution providers to assist with the creation of aThe post Africa's millennials may be drawn to Bitcoin as a hedge against inflation appeared first on AMBCrypto. дальше »
2020-3-14 19:00 | |
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Bakari supports the launch of the first property-backed security token in Africa
Bakari is supporting the launch of the Flyt token, which allows investors to subscribe for, transfer and redeem shares in the Flyt Hospitality Fund, an existing South African fund investing in Apart-Hotels in Cape Town. дальше »
2020-2-18 12:53 | |
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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 | |
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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 | |
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Is International Pressures Forcing South African Banks to Close Crypto Exchange Accounts?
The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […] дальше »
2020-1-26 00:55 | |
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Nedbank Not Looking to Shut Down Crypto Exchange Bank Accounts
Contrary to reports, prominent South African bank, Nedbank is not considering closing down accounts belonging to crypto exchanges in the country. Nedbank Not Taking New Digital Asset Exchange Customers According to South African crypto news outlet SACrypto, reports stating that Nedbank is planning to shut down bank accounts of crypto exchanges are false. дальше »
2020-1-26 14:00 | |
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South African crypto exchange ChainEX adds stop limit and scaling orders
ChainEX, a South African crypto exchange, announced it has added Stop/Stop Limit and Scaling order types for users. ChainEX features markets in BTC, ZAR, and USDT, with a wide variety of tokens available. дальше »
2020-1-21 10:13 | |
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Bitcoin interest spikes in Africa as region sees rising inflation
Be it South African Reserve Bank's [SARB] calls for solutions providers for the creation of a digital currency that would allow consumers to transact without a bank account or Bitcoin's interest spikiThe post Bitcoin interest spikes in Africa as region sees rising inflation appeared first on AMBCrypto. дальше »
2019-12-27 20:30 | |
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CREDIT, the African Cryptocurrency of Choice, Celebrates First Anniversary
Based out of Johannesburg, South Africa, CREDIT is a cryptocurrency that is swiftly being adopted in the emerging markets of the African continent. Recently, it marked its first year of existence as more and more users adopt it. дальше »
2019-12-12 16:58 | |
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South African Payment Gateway Drops BTC Over Fees and Network Congestion
On July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash. дальше »
2019-7-13 21:30 | |
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Angry Investors Burn down Bitcoin Ponzi Scheme Operator’s Home
Angry South African investors who lost millions of dollars in the now-defunct Bitcoin Ponzi scheme called “Bitcoin Wallets” have looted and burned down the house of Sphelele Sgumza Mbatha, the operator of the scam project, reports the Verge on July 12, 2019. дальше »
2019-7-13 21:00 | |
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Enraged South African Bitcoin Scam Victims Burn Down The House Of Alleged Scammer
You don’t mess with Bitcoin investors from Ladysmith or, maybe, well, you do, but your house gets torched. After several South Africans lost their money to a Bitcoin Ponzi scheme in the rural town of Ladysmith, they decided to torch the house of the alleged mastermind of the crime, Sphelele “Sgumza” Mbatha. According to reports, […] дальше »
2019-7-12 01:40 | |
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Ban of the US Dollar & Foreign Currencies Driving Bitcoin Demand in Zimbabwe
Ten years ago, Zimbabwe scrapped its national currency after the inflation rate climbed astronomical levels. Now, a decade later, the Zimbabwe dollar is making a comeback. But Zimbabwean expect the new currency to tank. дальше »
2019-7-11 21:18 | |
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The Collapse Of Crypto-Powered Payments App Wala
South African startup Wala aimed to provide unbanked citizens of African nations with a crypto-centric payments alternative, but conflicting stories highlight the service's struggles leading up to its demise in February of this year. дальше »
2019-7-12 19:12 | |
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Bitcoin Use Soars in Zimbabwe After Foreign Currencies Ban
Peer-to-peer Bitcoin exchange of LocalBitcoins has continued to soar after the Zimbabwe government implemented a ban on foreign currency transactions. Zimbabwe: Bitcoin or Bust As reported by Quartz Africa, Peer-to-peer Bitcoin transactions in Zimbabwe recently reached a new high after President Emmerson Mnangagwa reinstated the Zimbabwe dollar. дальше »
2019-7-11 15:00 | |
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Angry African Investors Scorch $130,000/Day Bitcoin Scammer’s Property
As the dreams of South Africans who put their money in Bitcoin Wallet hoping to double their money in 15 working days went up in smoke, so too did the property of the alleged operator of the cryptocurrency scam. дальше »
2019-7-11 12:29 | |
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South African Crypto Ponzi Scheme Affirms It Has No Money To Pay Duped Investors
There is one reason not to invest in Ponzi schemes: you will be scammed. Sure, you can believe that you will have a degree of success in case you go in and get out pretty quickly, but the truth is that you will generally only lose money. This is exactly what happened to the investors […] дальше »
2019-7-9 00:09 | |
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South African Crypto Scam Thrives Under Name “Bitcoin Wallet” Investment Scheme
There are a number of factors have the potential to undermine possible crypto adoption worldwide and spoil its reputation and one of these are scams. While scams exist in every facet of human life, particularly those that have to do with money, the crypto Industry is an emerging one and there is already a sense […] дальше »
2019-6-18 20:39 | |
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South African Raking in $155,000 a Day Suspected of Running a Ponzi Scheme
A South African man running a Bitcoin investment fund in KwaZulu- Natal is suspected to be running a Ponzi scheme, as early investors have seen huge returns. The man was unwilling to talk to local media about his business plan and he how generates returns for his customers. дальше »
2019-6-18 19:00 | |
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Moonday Mornings: South African Bitcoin Ponzi scheme rakes in $135,000 a day
It’s the start of a new week and that means it’s time for Moonday Mornings, Hard Fork’s wrap-up of the top cryptocurrency and blockchain headlines from the weekend. 1. Local news in South Africa is reporting about a cryptocurrency Ponzi scheme. дальше »
2019-6-17 11:47 | |
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Welcome To Orania, South Africa, An All-White Town Issuing Its Own Token
With the beta launch of the privately managed e-Ora, the town of Orania hopes to sever its ties with the African National Congress and what it sees as its "failure to adequately protect white farmers from crime." дальше »
2019-6-11 22:21 | |
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South African Orania Town Launches e-Ora Crypto to Preserve Culture, Facilitate Payments and Minimize Theft
Orania, also referred to as an Afrikaner town, found in South Africa has recently considered the likes of cryptocurrencies reports CCN. Said town is home to about 9,000 residents all of whom are White settlers with supposed, goals of wanting a better place for their children, establishing a healthy environment to raise their children and […] дальше »
2019-6-10 03:57 | |
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All-White South African Protest Community Launches Cryptocurrency
By CCN: The town of Orania, South Africa, claims it’s not racist, but it’s only ever allowed white people to live within its walls. Wholly owned by a single community corporation, the city was established after Apartheid ended and has always had its own currency. дальше »
2019-6-8 11:30 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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Bitcoin Revolution Reaching Everywhere, From South African President Inauguration to NFL
Just two weeks back, the love affair between the National Football League (NFL) and Bitcoin started and now more and more players of the team want to be paid in BTC. This began when Russell Okung, who plays offensive tackle for the Los Angeles Chargers took to Twitter to demand, “Pay me in Bitcoin” on […] дальше »
2019-5-26 16:47 | |
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Elon Musk Dismisses Tesla Toilet Paper Scoop as ‘Complete Nonsense’
By CCN: The big news of the day is that Elon Musk can afford toilet paper. The South African billionaire is aggressively cutting costs as Tesla’s stock continues to reel. Based on reports, it appeared that the Tesla CEO’s austerity measures didn’t spare the company’s washrooms. дальше »
2019-5-26 03:30 | |
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South African voters fear mobile political campaigns will steal their personal info
Mobile technology will arguably go down in history as the most successful innovation of our lifetime. Mobile devices, especially phones, are ubiquitous in large parts of the world. On the African continent, the rates of mobile phone ownership and access are rising exponentially. дальше »
2019-5-17 15:35 | |
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Blockchain Association of Africa Plans Blockchain Innovation Centres in New Alliance
South Africa-based Blockchain Association of Africa, in a press release on May 15, 2019, announced its strategic partnership with Afriplan DIgital, Tanzania and Blockchain Worx, Singapore. The plan will encompass better education for the African blockchain community through Blockchain Innovation Centres. дальше »
2019-5-17 21:00 | |
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Prominent Bitcoin Analyst: If BTC Holds this Price for a Day or Two, I’m Flipping Bullish
A prominent cryptocurrency analyst and one of few yet to be convinced that Bitcoin will not sink lower than its December 2018 low of $3,200 once again is teetering on the edge of bullishness. Vinny Lingham, a South African entrepreneur and co-founder of the Civic (CVC) blockchain identity platform, has stated that he will come. дальше »
2019-5-11 00:00 | |
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iCE3X Crypto Exchange In South Africa Adds Support For Ripple (XRP) With ZAR Trading Pair
South Africa’s iCE3X Crypto Exchange Adds Support For XRP The iCE3X digital trading platform has announced support for Ripple’s XRP token. This means that users can now trade XRP against Bitcoin as well as the local fiat currency, the South African Rand (ZAR). дальше »
2019-5-3 22:40 | |
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Elon Musk, SEC Need More Time to ‘Put on Their Reasonableness Pants’
By CCN: Elon Musk and the SEC are talking, demonstrating progress in a regulatory battle that has been drawn out for months. While the Tesla CEO and the securities regulator have yet to reach an agreement regarding a contempt of court dispute, they could be close. дальше »
2019-4-20 03:53 | |
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Elon Musk’s Self-Driving Tesla Plans Are Pure Fantasy
By CCN: Tesla CEO Elon Musk has made a couple of tall claims that are sure to excite the fanboys. In an interview with MIT researcher Lex Fridman, Musk claimed that Tesla is less than two years away from bringing a fully autonomous vehicle to market. дальше »
2019-4-17 02:28 | |
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ICONLOOP and ITU to collaborate on African blockchain incubation program
CryptoNinjas ICONLOOP, a blockchain-specialized tech company based in South Korea, announced today it has signed a collaboration arrangement with ITU (International Telecommunication Union), which is the United Nations’ specialized agency for information and communication technologies. дальше »
2019-4-12 08:12 | |
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Bitcoin Is More Popular Than the SpaceX Launch and Elon Musk
The data doesn’t lie. Over the last seven days, Bitcoin searches obliterate the number of people wanting to know more about Elon Musk or the SpaceX launch. Move Over SpaceX Launch, Bitcoin Is King Any online media worth its salt knows that Elon Musk drives the traffic. дальше »
2019-4-11 17:00 | |
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DoshEx rolls out Pundi X blockchain payment tech to enable crypto adoption in South Africa
CryptoNinjas DoshEx, a South African crypto asset exchange, and global blockchain-based payment provider Pundi X, today announced a strategic partnership to bring cryptocurrency to high street retailers and local consumers. дальше »
2019-4-9 00:29 | |
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PundiX, DoshEX To Help Welcome South African Crypto Payments Scene With Native Retail Market
South Africa Set To Welcome Crypto-Assets To Its Native Retail Market Thanks To PundiX And DoshEX As things stand, there currently exist millions of individuals within South Africa who still do not have access to basic banking services or even a tangible financial network that can allow them to facilitate value transfers (using older technologies […] дальше »
2019-4-6 21:28 | |
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Real-World Crypto Payments Coming to South Africa, DoshEX and PundiX Team Up
A South African crypto exchange has partnered with an international blockchain-based payment processing firm. The merger between DoshEx and PundiX will allow early cryptocurrency adopters to spend their holdings in real-world locations in South Africa. дальше »
2019-4-6 00:00 | |
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