cryptocurrency

  1. 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...
  2. 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...
  3. 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...
  4. 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]
  5. 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...
  6. 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...
  7. 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...
  8. 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...
  9. 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...
  10. 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...
  11. Jan

    Video: Crypto miners hose down graphics cards

    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...
  12. Jan

    Meta Platforms adds NFT support to Facebook and Instagram

    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...
  13. T

    How can transferring crypto "offshore" be a crime if crypto cannot leave a country?

    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...
  14. Jan

    Binance seeks South African bank partners

    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...
  15. Hanno Labuschagne

    Nomad offering 10% of R3.16 billion stolen to white hat hacker

    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...
  16. Hanno Labuschagne

    Bitcoin closer to breakout amid cryptocurrency rally

    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...
  17. Jan

    More than $200 billion wiped off cryptocurrency market in a day

    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...
  18. Hanno Labuschagne

    Tesla crypto tokens rise after record quarterly car deliveries

    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...
  19. Jan

    Bitcoin helped Ukrainian flee to Poland with life savings on USB drive

    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...
  20. D

    Best Crypto Exchanges currently?

    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?
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