blockchain

Polkadot's blockchain developer shedding 100 jobs Parity Technologies, the blockchain infrastructure company behind the Polkadot platform, will cut 30% of its workforce, or about 100 employees, as part of its plan to “shift” focus to its technology. The decision will affect teams including...

Solana blockchain hit by hours-long network slowdown Developers who operate and maintain the Solana blockchain restarted the crypto network after a technical problem triggered an hours-long slowdown over the weekend. It is the latest in a series of outages, technical issues, and processing...

Unease over Bitcoin blockchain use for NFTs NFTs are coming to the Bitcoin blockchain, sparking a debate among those who say the digital representations add a much-needed fresh use case and the purists concerned about deviating too far from the origins of the peer-to-peer cryptocurrency...

A blockchain is usually distributed across many nodes in many countries. Crypto just moves from one address to another on it, and that change is replicated on all the nodes. Crypto is never sent from one country to another. So how can SARB claim it can be sent offshore and that is illegal? It...

South Africa's plan to regulate cryptocurrencies — including tax and exchange controls South African Reserve Bank (SARB) deputy governor Kuben Naidoo says that the public should not expect a "big bang" of cryptocurrency regulations with a fully-formed regime launching at once. Instead, there...

Solana blockchain suffers over 4-hour outage The Solana blockchain is back up and running after a software glitch caused an outage of more than four hours, the latest in a series of shutdowns of the network in less than a year. While Solana’s rise to the upper echelon of crypto’s top...

University of Johannesburg launches blockchain-based certificates The University of Johannesburg (UJ) has implemented blockchain-based certificates for its graduates to improve security features related to the certification process. Each qualification document issued from this year onwards...

Google is getting a dedicated blockchain group Google is forming a group dedicated to the blockchain and related technologies under a newly appointed executive who has spent more than a decade on the company’s core business of search advertising. Shivakumar Venkataraman, an engineering vice...

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...

We started mining cryptocurrency again Thanks to the gains in the Bitcoin price over the past several months, it has once again become popular to mine cryptocurrencies using graphics cards. Like in the cryptocurrency bull run of 2017, this has contributed to a global shortage in high-end...

SA banks involved in government's new blockchain experiment The Intergovernmental Fintech Working Group (IFWG) Innovation Hub has announced the launch of Project Khokha 2 with the goal to explore the policy and regulatory implications of innovation in financial markets driven by distributed...

The highs and lows of running a blockchain startup in South Africa Custos Media Technologies runs a unique blockchain-based anti-piracy product, which leverages the immutability of public blockchains and game theory to curb incidents of piracy. Custos cofounder Fred Lutz told MyBroadband that...

Blockchain hype missed the mark Bitcoin’s glory has been a bit tarnished by the bursting of its price bubble since late 2017. But enthusiasm for blockchain technology is still going strong, with venture capitalists throwing almost four times as much money at the sector last year as in 2017...

Blockchain startups are enlisting Nobel Prize winners With cryptocurrency mania over for now, blockchain startups need to dig a little deeper to attract attention. Their latest secret weapon: Nobel laureates. Covee Network is the latest venture to announce a partnership with an economist of...

Most companies aren't diving into blockchain Need more evidence that blockchain isn’t the cure-all for Corporate America? Well, a new report from PwC says adoption of the technology is stalling. While many companies are researching or tinkering with the distributed-ledger technology, only 15...

Stephen Young is the co-founder and chief product officer at Coindirect. He is an experienced financial professional who has been building products in the financial market for twenty years. We are giving you a chance to ask Stephen anything about cryptocurrencies, crypto exchanges and...

IBM launches blockchain platform for banking IBM has partnered with CLS Group to release a platform which makes it easier for banks to access blockchain technology. The solution is called LedgerConnect and is designed to easily deliver a selection of blockchain applications to financial...

"Wala has created the world's first borderless, rewards driven, zero fee financial platform that will be powered by the Dala utility token. Through Dala, Wala makes use of the best of blockchain, cryptocurrencies, and tokenization...". This SA-based blockchain start-up yesterday launched the...

A look in the bitcoin world. We saw bitcoin rise to an all-time high on Dec 17 to $20,089.00 with a total market CAP of $326b. Dec 28 Bitcoin price tumbled after South Korea announced more measures to regulate bitcoin trading, including a potential shutdown of exchanges, amid volatile...

Is this a viable idea in South Africa? Something similar to Steam but utilizing Blockchain.