bitcoin

  1. Hanno Labuschagne

    Bitcoin drops below $30,000 for first time in a month

    Bitcoin drops below $30,000 for first time in a month A selloff in Bitcoin accelerated Tuesday, pushing it below $30,000 for the first time in about a month. The world’s largest digital coin fell as much as 4.1% and was trading at about $29,600 as of 12:55 p.m. in Tokyo. Other virtual...
  3. Jan

    Watch steamroller trample a thousand Bitcoin ASICs in Malaysia

    A thousand Bitcoin mining rigs trampled by steamroller China isn't the only country cracking down on crypto. A recent video shows the Malaysian government crushing 1,069 Bitcoin mining rigs with a steamroller. The rigs, reportedly worth R18.2 million, were confiscated between February and...
  4. Hanno Labuschagne

    Big revelations in Bitcoin Brothers saga

    Big revelations in Bitcoin Brothers saga Raees and Ameer Cajee, the brothers who founded of cryptocurrency investment scheme Africrypt, bought citizenship from the Pacific island nation of Vanuatu, an investigation by The Guardian has revealed. According to the report, the Cajee brothers are...
  5. Jan

    Cryptocurrency insiders predict Bitcoin price floor

    Bitcoin bottom predicted Bitcoin has been grinding lower in a trading range just above $30,000, prompting cryptocurrency insiders to flag the round number as a potential floor for the virtual coin.
  6. Hanno Labuschagne

    Avoiding Bitcoin investment scams in South Africa

    Avoiding Bitcoin investment scams in South Africa Cryptocurrencies have been getting increased attention among inexperienced South African speculators, thanks to their surging prices and volatility creating the impression that they can help you get rich quick. Recent reports of what regulators...
  7. Jan

    All Bitcoin transfers out of South Africa is a crime, even from your own wallet - Reserve Bank

    Moving Bitcoin overseas from your wallet in South Africa a crime — Reserve Bank Transferring Bitcoin from anywhere in South Africa, even your own wallet, to an offshore exchange or other crypto asset service provider is a crime. This was the South African Reserve Bank (SARB) clarification to...
    • Jan
    • Thread
    • bitcoin cryptocurrency financial surveillance department (finsurv) south african reserve bank (sarb)
    • Replies: 324
    • Forum: Cryptocurrency and Blockchain
  8. dawidmsnyders

    Bitcoin price climbs despite regulatory headwinds

    Bitcoin price climbs despite regulatory headwinds Bitcoin pushed higher as proponents took the U.K.’s crypto crackdown in stride after the digital token traded above a key technical level over the weekend. The largest cryptocurrency advanced as much as 8% to $35,292 before trimming gains in...
  9. Hanno Labuschagne

    Bitcoin transfer from Luno to international exchanges is illegal

    Bitcoin transfer from Luno to international exchanges is illegal The South African Reserve Bank and other regulators have warned that it is a criminal offence to transfer cryptocurrency bought on a local exchange to one located outside the country. Regulators issued the warning through the...
  10. dawidmsnyders

    The lack of South African crypto regulation leaves FSCA powerless in R51 billion crypto scam

    The lack of South African crypto regulation leaves FSCA powerless in R51 billion crypto scam South Africa’s financial regulator says its hands are tied in the alleged $3.6 billion Bitcoin fraud at Africrypt because cryptocurrency is not yet a regulated product there. While saying the...
  11. Jan

    Bitcoin miners are leaving China to set up shop elsewhere - Binance boss

    Bitcoin miners flee China The heads of some of the world’s biggest cryptocurrency exchanges say Bitcoin miners are shifting operations out of China as authorities intensify their crackdown on the space. “We’re seeing a lot of those miners moving out of China to other places,” Changpeng “CZ”...
  12. Jan

    5 important things happening in tech today - 24 June 2021

    5 important things happening in tech today Microsoft is expected to officially announce Windows 11 at a live event later today. The first vote on Big Tech regulation has taken place, and two of the six proposed bills have been passed. Microsoft could dodge the regulations. Warren Buffet has...
  13. dawidmsnyders

    Bitmain halts mining-rig production to control market supply

    Bitmain halts mining-rig production to control market supply Bitmain Technologies Ltd. has suspended sales of machines for spot delivery globally, aiming to prop up local prices after crypto miners fleeing Beijing’s crackdown dumped used mining rigs on the market. The world’s biggest maker of...
  14. dawidmsnyders

    5 important things happening in tech today

    5 important things happening in tech today China will lose around 90% of its total Bitcoin mining power by the end of its ongoing crypto-crackdown. Starlink will provide global coverage by September, and then regulatory approval from governments is the next big step. Oneplus will soon be...
  15. Jan

    Buying Bitcoin with your credit card from international exchanges blocked in South Africa

    Banks block buying Bitcoin from overseas in South Africa South African banks are being required to block clients from buying cryptocurrencies on international exchanges with their credit cards, MyBroadband has learned. This comes after Absa clients reported no longer being able to use their...
  16. dawidmsnyders

    5 important things happening in tech today

    5 important things happening in tech today Amazon Prime day launched at 09:00 today, and the company has promised to offer some great tech discounts of the year. China continues its crackdown on Bitcoin-mining, ordering the closure of mining centres in the second-most-productive Bitcoin mining...
  17. Jan

    Denmark's biggest bank upholds cryptocurrency ban

    Bitcoin ban upheld Danske Bank A/S says it won’t lift a ban on trading Bitcoin and other cryptocurrencies on its platforms, despite growing interest from clients. Denmark’s biggest bank pointed to a lack of transparency and regulation in crypto trading, in a statement on its website. It also...
  18. dawidmsnyders

    5 important things happening in tech today — 15 June

    5 important things happening in tech today — 15 July Razer has launched a 14-inch Blade laptop for the first time since its Intel 7th-Gen model. For the first time, a Blade laptop has a Ryzen CPU. The Elon-Bitcoin saga continues, with a rally in the Bitcoin price boosted after the Telsa CEO...
  19. Jan

    Cardano and Ethereum proof-of-stake - alternatives to power-hungry Bitcoin

    Elon Musk doesn't need to fix power-hungry Bitcoin — energy-efficient cryptocurrencies already exist The energy consumption of Bitcoin made headlines again this year and, although important context is left out when you simply compare the electricity consumption of Bitcoin mining to a small...
    • Jan
    • Thread
    • beacon chain bitcoin blockchain cardano ethereum ouroboros
    • Replies: 1
    • Forum: Broadband and IT News
  20. Hanno Labuschagne

    Sygnia's Bitcoin ETF listing refused by JSE

    Sygnia's Bitcoin ETF listing refused by JSE The Johannesburg Stock Exchange (JSE) refused Sygnia’s request to list a new Bitcoin exchange-traded fund (ETF) in South Africa, citing a lack of a regulatory framework. A Bitcoin ETF tracks the cryptocurrency price and allows investors to buy into...
  21. dawidmsnyders

    5 important things happening in tech today - 11 June 2021

    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...
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