5 important things happening in tech today - 11 June 2021
Game studio Electronics Arts has been the victim of a hack where over 780GB of data was stolen, including the source code of FIFA 21. The source code is reportedly been put up for sale.
Samsung has announced a 50MP camera microsensor...
I`m a 34 year old Crypto Day Trader.Two days ago on Tuesday i decided to start a challenge --Grow $1.3 to $100 in less than 14 Days.Is it possible? i will post all my trades here, all the profit and losses-all the Nitty-Gritty im not gonna sugarcoat or hide anything.
For my normal futures...
Cryptocurrencies must be regulated in South Africa - National Treasury
National Treasury has told Parliament that South Africa’s only option was to regulate activities related to crypto assets like Bitcoin.
It said that the country can’t simply leave the crypto asset market unregulated, and it...
Bitcoin is now legal tender in this country
El Salvador’s President Nayib Bukele said the nation has adopted Bitcoin as legal tender, a step he believes will create jobs and promote financial inclusion.
Bukele, Latin America’s youngest president who’s known to break from the norms, said on...
Good evening Cryptomaniacs.
I have absolutely no knowledge about how mining and blockchain technology work but I've got some extra cash and I would like to get into the crypto market. Can you please give me some advice on how I can go about doing this.
Thank you in advance!
How this week's crypto crash bears a striking similarity to the one in 2017.
Bitcoin, Ethereum, and other cryptocurrencies have obviously had a horrible week. And while it’s foolish to try predicting where things go next, there are two big similarities between this move and the one we saw at...
What you should know about paying tax on cryptocurrency trading in South Africa
If you are doing anything with cryptocurrency other than buying and holding it, there are tax implications in South Africa, tax consultant André Bothma has warned.
Bothma, who also serves as tax content creator at...
Bitcoin investments can cause tax implications in South Africa
South Africans who are investing in cryptocurrencies like Bitcoin should be aware of the tax implications as the South African Revenue Service (SARS) has cryptocurrency trading firmly in its sights.
This is the warning from Thomas...
Greed warning with Bitcoin
There is a lot of greed in the cryptocurrency markets with many first-time investors who do not understand the technology behind it.
This is according to Luno Africa’s general manager Marius Reitz, who was speaking to BizNews Power Hour about the recent Bitcoin...
Elon Musk says Tesla sold some Bitcoin to prove its liquidity
Elon Musk said Tesla Inc. sold 10% of its Bitcoin holdings to demonstrate the token’s liquidity, while adding that he’s retained his personal investment in the cryptocurrency.
Tesla’s earnings report showed the firm -- which bought...
Bitcoin climbs back above $50,000 after hitting lowest level since March
Bitcoin rallied Monday as investors took advantage of the lowest levels in seven weeks to pile back in.
The largest cryptocurrency is on track for its biggest gain since Feb. 8 after dropping as low as $47,079 in early...
Sygnia planning new Bitcoin exchange traded fund for South Africa
Sygnia is set to apply to the Johannesburg Stock Exchange (JSE) to list a new cryptocurrency exchange traded fund (ETF) in South Africa.
This is feedback from Sygnia CEO David Hufton, who was answering questions from MyBroadband...
Bitcoin breaches $64,000 for the first time
Bitcoin advanced Wednesday, breaching the $64,000 level for the first time after eclipsing its most recent record in March a day earlier as the mood in cryptocurrencies turned bullish ahead of Coinbase Global Inc.’s listing this week.
The token...
This is how businesses in South Africa are using Bitcoin to evade tax
Many South African businesses are evading tax by converting their profits into Bitcoin and transferring it unnoticed out of the country.
This is feedback from a well-placed South African businessman who said there are...
This is why hedge fund manager Jean Pierre Verster won't invest in Bitcoin
Protea Capital Management CEO Jean Pierre Verster said he is not investing in cryptocurrencies like Bitcoin because it is a speculative investment.
Verster is one of South Africa’s top hedge fund managers who is best...
FSCA issues warning to South Africans about Bitcoin investments
The Financial Sector Conduct Authority (FSCA) has warned South Africans against investing in cryptocurrency schemes that could see them lose their savings.
It said there has been a sharp increase in cryptocurrency-related...
Luno now allows users to earn interest on cryptocurrency
Cryptocurrency exchange Luno has announced that its customers can now earn interest on Bitcoin, Ethereum, and USDC.
These currencies have been added to the platform’s savings wallet, which means that the company’s seven million customers...
Bitcoin breaks through $60,000
Bitcoin topped $60,000 for the first time as the stimulus-fueled rally of the past year prompts investors to ignore signs of a speculative fervor.
The original cryptocurrency was at $61,080 as of 5:35 p.m. New York time, bouncing back from a rout at the end of...
HI guys has anybody withdrawn to Fnb or standard bank on a Friday Night recently?
I'd much prefer FNB and have used the instant withdrawal ?Standard Bank is instant no matter what time or day right?
Bitcoin trading at best level in two weeks
Bitcoin rose to its highest level since Feb. 23 on Tuesday amid continued interest in digital assets from big institutions.
The largest cryptocurrency rose as much as 3.6% to around $53,761. Rival Ether also reached its highest point in two weeks...