cryptocurrency

  1. Luis

    Hackers breached South Africa's top supercomputer and used it to mine crypto

    Hackers breached South Africa's top supercomputer and used it to mine crypto The CSIR’s Centre for High Performance Computing (CHPC) has notified users of a serious security breach on its Lengau compute cluster, with user credentials and private keys likely compromised. Emails sent to CHPC...
    • Luis
    • Thread
    • centre for high performance computing chpc crypto mining cryptocurrency csir cybersecurity lengau lengau hpc malware
    • Replies: 29
    • Forum: Broadband and IT News
  3. Luis

    Binance pay gaining serious traction in South Africa

    Binance pay gaining serious traction in South Africa Crypto payment service Binance Pay is rapidly gaining traction in South Africa, allowing its users to integrate digital assets into everyday transactions. Binance told MyBroadband that South Africans have spent R29.8 million at Binance Pay...
  4. Luis

    Government crypto crackdown is due to tax fears — Dawie Roodt

    Government crypto crackdown is due to tax fears — Dawie Roodt Economist Dawie Roodt said the real reason the National Treasury wants to clamp down on cryptocurrencies is that it will make it easier for South Africans to pay less tax. Roodt shared his views with Biznews about the National...
    • Luis
    • Thread
    • capital flow management regulations crypto crackdown cryptocurrency dawie roodt national treasury sars
    • Replies: 12
    • Forum: Cryptocurrency and Blockchain
  5. Luis

    VALR co-founder's warning for South African crypto users

    VALR co-founder's warning for South African crypto users VALR co-founder and CEO Farzam Ehsani has warned that South Africa’s draft Capital Flow Management Regulations contain major risks for crypto users and service providers. National Treasury and the South African Reserve Bank published the...
  6. Luis

    Plan to expropriate cryptocurrency in South Africa

    Plan to expropriate cryptocurrency in South Africa South Africa’s National Treasury has published draft Capital Flow Management Regulations that would update the country’s Apartheid-era exchange control rules to crack down on people with cryptocurrency. Carel van Wyk, an industry leader, said...
  7. Hanno Labuschagne

    Discovery Bank adds DStv, Admyt, and Luno to partners

    Discovery Bank adds DStv, Admyt, and Luno to partners Discovery Bank has announced a partnership with MultiChoice that will allow customers to earn up to 50% back in Discovery Miles on DStv subscriptions. The partnership is one of several new product features and updates to the Discovery Bank...
  8. Hanno Labuschagne

    Tax consulting expert explains Sars regulations on crypto asset reporting

    Tax consulting expert explains Sars regulations on crypto asset reporting Senior manager for tax consulting at Forvis Mazars South Africa, Evádne Bronkhorst, says the taxman likely won't look for exact numbers surrounding crypto transactions when evaluating declarations. This comes after the...
  9. Hanno Labuschagne

    SARB appeals court ruling declaring cryptocurrency is not money in South Africa

    SARB appeals court ruling declaring cryptocurrency is not money in South Africa The South African Reserve Bank (SARB) has applied for leave to appeal a recent court ruling which found that cryptocurrency is not money and doesn’t fall within existing exchange control regulations. Specifically...
    • Hanno Labuschagne
    • Thread
    • cryptocurrency exchange control north gauteng high court pretoria high court south african exchange control regulations south african reserve bank (sarb)
    • Replies: 26
    • Forum: Cryptocurrency and Blockchain
  10. Hanno Labuschagne

    Ethereum rally best in four years

    Ethereum rally best in four years Ether led a broad cryptocurrency rally this week, heading for its strongest gains since 2021, bolstered by easing global trade tensions and optimism over a network upgrade. The second-largest digital token by market value jumped as much as 14% on Friday to...
  11. Hanno Labuschagne

    SA crypto asset platform offering tokenised Krugerrands

    SA crypto asset platform offering tokenised Krugerrands Tokenised financial assets exchange Mesh.trade has announced the launch of Bullion Krugerrand Tokens issued by Troygold on its platform. Troygold’s Krugerrand tokens on Mesh represent physical gold holdings, which are stored in Brink’s in...
  12. Hanno Labuschagne

    Bybit Ethereum hack could be largest crypto theft ever

    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...
  13. Hanno Labuschagne

    DeFI revenue surging in South Africa

    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...
  14. Hanno Labuschagne

    Bitcoin climbs to R1.9 million

    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...
  15. Hanno Labuschagne

    Bitcoin rally drives new crypto meme frenzy

    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]
  16. Hanno Labuschagne

    Crypto miners selling Bitcoin at current highs

    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...
  17. Hanno Labuschagne

    Bitcoin on a long winning streak

    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...
  18. Jan

    Apple issues new app store rules for crypto and NFT payments

    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...
  19. Jan

    Shunned government digital currency looks for street credibility in Nigeria

    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...
    • Jan
    • Thread
    • central bank digital currencies (cbdc) cryptocurrency enaira keke napep kingsley obiora
    • Replies: 0
    • Forum: Cryptocurrency and Blockchain
  20. Jan

    Updated Ducktail malware written in PHP harvests private data on Windows

    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...
    • Jan
    • Thread
    • cryptocurrency ducktail facebook php windows withsecure
    • Replies: 0
    • Forum: Broadband and IT News
  21. Jan

    Samsung Wallet to launch in South Africa and 12 other countries by year-end

    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...
    • Jan
    • Thread
    • contactless payment cryptocurrency samsung samsung pass samsung pay samsung wallet
    • Replies: 12
    • Forum: Broadband and IT News
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