ethereum

  1. 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...
  2. 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...
  3. Hanno Labuschagne

    South Africa's favourite crypto coins

    South Africa's favourite crypto coins Blockchain and web3 software company Consensys has released the results of its second annual Web3 and Crypto Perception Survey, revealing that most connected South Africans have bought cryptocurrencies. The survey further reveals that of the 97% of people...
  4. Jan

    Luno launches Ethereum staking service in South Africa

    Luno launches Ethereum staking — earn rewards for helping secure the network South African-born cryptocurrency exchange and wallet provider Luno has launched Ethereum staking. “Luno’s staking feature will initially launch in South Africa with support for [Ethereum],” said Luno South Africa...
  5. Hanno Labuschagne

    Ethereum jumps after Shanghai upgrade

    Ethereum jumps after Shanghai upgrade Ether has grabbed the limelight from Bitcoin as cryptocurrencies extend their rebound this year. The second-largest digital asset is up 14% this week, outstripping larger rival Bitcoin’s 9% gain over the period, courtesy of optimism engendered by the...
  6. Jan

    Ethereum's next big upgrade comes with the risk of added turbulence

    Ethereum nears Shanghai upgrade Crypto enthusiasts are about to get some good news: The Ethereum blockchain’s next big software upgrade is poised to happen on Wednesday. But like almost everything else in the digital-asset world these days, the long-anticipated tweaks won’t come without...
  7. Jan

    Microsoft Edge getting built-in crypto wallet

    Microsoft testing built-in crypto wallet for Edge browser Microsoft is testing a built-in cryptocurrency wallet for Edge, according to screenshots of a leaked internal build of the web browser. Screenshots posted by Twitter user Albacore (@thebookisclosed) provided some details about the...
  8. Hanno Labuschagne

    Bitcoin having a field day amid big banking sector concerns

    Bitcoin having a field day amid big banking sector concerns Turmoil in the banking sector, hotter-than expected inflation data, and renewed hopes for a dovish Federal Reserve has Bitcoin reaching levels not seen in about nine months. The largest digital asset topped $28,000 (R515,579) for the...
  9. Hanno Labuschagne

    Potential Bitcoin mining profits hit by Ethereum miner migration

    Potential Bitcoin mining profits hit by Ethereum miner migration The amount of computing power dedicated to Bitcoin mining surged to a record as more companies made use of the energy and data centre space freed up after the upgrade of the Ethereum network, likely further compressing profit...
  10. 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...
  11. Hanno Labuschagne

    Ethereum hits two-month low ahead of expected big interest rake hike

    Ethereum hits two-month low ahead of expected big interest rake hike Cryptocurrencies extended a slide on Monday, hampered by a further drop in the second-largest token Ether as well as the prospect of a global wave of monetary tightening this week spanning the US to Europe. Ether fell as much...
  12. Jan

    Graphics card prices already dropping after Ethereum Merge

    Graphics card prices plummeting after Ethereum Merge — but beware timing your buy PC gamers in the market for a graphics card might find that the perfect time to pull the trigger on that purchase will be in the coming weeks. Graphics card prices have plummeted in 2022, and pundits expect them...
  13. Hanno Labuschagne

    Ethereum drops as Merge excitement cools down

    Ethereum drops as Merge excitement cools down Ether led digital assets lower after a groundbreaking software upgrade of the token’s underlying network turned into what some market observers labeled a “sell-the-news” event. The second-largest token dropped as much as 3% on Friday and was...
  14. Jan

    Ethereum Merge reaches finalisation

    Ethereum completes Merge upgrade — reduces energy consumption by 99.95% Crypto’s most important commercial highway, Ethereum, just got repaved. The blockchain network completed the crypto world’s biggest and most ambitious software upgrade to date, according to its co-founder Vitalik Buterin...
  15. Hanno Labuschagne

    Ethermine shutting down after the Merge

    Ethermine shutting down after the Merge Ethermine, the largest Ethereum mining services provider by computing power, will shut down its servers for miners after the blockchain completes its historic technical upgrade. The news comes on the eve of Ethereum’s highly-anticipated software revamp...
  16. Hanno Labuschagne

    Bitcoin rally cools ahead of big Ethereum upgrade

    Bitcoin rally cools ahead of big Ethereum upgrade A rally in Bitcoin is cooling as traders await US inflation data and monitor a seminal upgrade of the Ethereum blockchain, events that could stir volatility in cryptocurrency markets. The largest token rose as much as 3.3% on Monday, briefly...
  17. Hanno Labuschagne

    Crypto market sinks below $1 trillion as Bitcoin nears 2022 low

    Crypto market sinks below $1 trillion as Bitcoin nears 2022 low Bitcoin is flirting with a test of this year’s lows following a cryptocurrency selloff that again pushed the sector’s overall market value below $1 trillion. The largest digital token has shed more than 6% so far this week and was...
  18. Jan

    First phase of Ethereum's switch to proof-of-stake to happen at around 13:34

    Ethereum Bellatrix hard fork happens today — what it means The Ethereum blockchain is scheduled to undergo a significant upgrade on Tuesday at 11:34:47 UTC (13:34 SAST), dubbed the Bellatrix hard fork. Bellatrix is the first half of a major Ethereum upgrade called “The Merge” that will switch...
  19. Jan

    POW vs POS income tax and VAT implications in South Africa

    Tax implications of crypto mining in South Africa The income tax and VAT consequences for crypto asset mining and staking will vary, depending on how participants earn rewards.
  20. Hanno Labuschagne

    Goodbye miners — Ethereum merge could see rise of powerful new builders

    Goodbye miners — Ethereum merge could see rise of powerful new builders The much-anticipated upgrade of Ethereum will create new participants called builders in the blockchain ecosystem, a move that risks altering the power structure of what is arguably the most commercially important...
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