Bybit Ethereum hack could be largest crypto theft ever
Bitcoin and Ether prices dipped, while smaller tokens saw worse losses, as traders reacted to an almost $1.5 billion (R27.57 billion) hack of the Bybit exchange that analysts say was the largest crypto theft ever.
Bitcoin reversed an...
DeFI revenue surging in South Africa
The Financial Sector Conduct Authority (FSCA) expects revenue from decentralised finance (DeFi) to reach R52.3 million in South Africa this year, with over R500 million total value locked in DeFi investments already.
However, the FSCA does not expect user...
Bitcoin climbs to R1.9 million
Bitcoin climbed to a record high, extending a rally sparked by President-elect Donald Trump’s support for digital assets and his plan to turn the US into the dominant force in the sector.
The largest token rose more than 3% at one point on Monday in Asia to an...
Bitcoin rally drives new crypto meme frenzy
If there’s one thing that crypto enthusiasts love more than the digital assets themselves, it’s memes.
A frenzy of crypto-based memes have gained fresh momentum last week as Bitcoin rallied.
[Bloomberg]
Crypto miners selling Bitcoin at current highs
Bitcoin miners, many of whom have traditionally held onto the cryptocurrency after creating the digital assets, have been selling the tokens during the current rise in prices.
The percentage of miner revenue sent to exchanges hit all-time highs in...
Bitcoin on a long winning streak
A prolonged rally in Bitcoin is giving crypto enthusiasts a smidgen of something to be happy about during a dark period for the industry.
The world’s largest token has advanced for nine straight days, the longest such streak since 2020, according to data...
Apple wants a cut of NFT transactions
Apple Inc. updated its App Store guidelines Monday with new and clearer language explaining its policy toward cryptocurrency trading and non-fungible tokens.
The Cupertino, California-based company has no issue with crypto exchanges or any other apps that...
Nigerians want Bitcoin, not eNaira
A year after launching Africa’s first digital currency, Nigeria’s central bank is turning to the nation’s three-wheeler taxi operators to speed the adoption of the eNaira, as regulators across the world scrutinize its every move.
It’s offering a 5% discount...
Windows PHP malware targets Facebook accounts, crypto wallets
An updated Ducktail phishing campaign is spreading malware written in PHP and designed to steal Facebook accounts, browser data, and crypto wallets, according to a Bleeping Computer report.
The malware affects Windows devices and is...
Samsung Wallet launching in South Africa soon
The all-in-one digital wallet app Samsung Wallet will be rolled out to 13 new countries by the end of 2022, including South Africa.
First launched in June 2022, Samsung Wallet merges the features of the company's digital payment app Samsung Pay and...
Watch: Crypto miners jet-wash graphics cards like cars before selling them online
A series of videos recently posted to Twitter claim to show Vietnamese crypto miners using pressure-washing hoses to clean Nvidia RTX graphics cards in their mining rigs.
Twitter user I_Leak_VN posted three clips...
Facebook and Instagram get NFT support
Facebook now supports non-fungible tokens (NFTs), meaning users can link their digital wallets to post collectibles on the platform.
The feature is also available on Instagram, and after users have connected their digital wallet to one of the apps...
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...
World's biggest cryptocurrency exchange looking for South African bank partner
Binance would love to work with local banks to open an account in South Africa, co-founder and CEO “CZ” Changpeng Zhao has told MyBroadband.
Zhao was responding to questions about Binance delisting ZAR trading pairs...
binance
bitcoin
changpeng "cz" zhao
cryptocurrency
financial action task force (fatf)
financial intelligence centre act (fica)
financial surveillance department (finsurv)
south african reserve bank (sarb)
Nomad offering 10% of R3.16 billion stolen to white hat hacker
Cryptocurrency company Nomad is offering a bounty to recoup funds spirited away in a $190 million (R3.16 billion) hack that again highlighted security vulnerabilities in the digital-token sector.
Anyone returning at least 90% of...
Bitcoin closer to breakout amid cryptocurrency rally
A rally in cryptocurrencies Tuesday took Bitcoin closer to breaking out of a one-month-old trading range and ignited big jumps in smaller tokens commonly referred to as altcoins.
The world’s largest virtual coin climbed as much as 6.8% to...
Crypto carnage
A massive sell-off in cryptocurrencies wiped over $200 billion of wealth from the market in just 24 hours, according to estimates from price-tracking website CoinMarketCap.
The broad plunge in the crypto complex, driven by the collapse of the TerraUSD stablecoin, hit major...
Tesla crypto tokens rise after record quarterly car deliveries
Tesla Inc. investors are signaling confidence that the automaker can power through disruptions such as the continued shutdown of its Shanghai factory due to Covid-19 lockdowns, at least based on crypto-token trading that suggests...
Ukrainian flees with Bitcoin life savings on a USB
A 20-year-old Ukrainian refugee has explained how cryptocurrency helped him flee his country and pay his living expenses as a refugee in neighbouring Poland.
CNBC reports that the refugee, who goes by the pseudonym “Fadey”, could get out of...
Which crypto exchange would you recommend? What are their fees? How secure and trustworthy are they? Do you suggest any international exchanges such as coinbase or eToro?