solana

  1. Hanno Labuschagne

    Bitcoin slides as ETF fanfare cools

    Bitcoin slides as ETF fanfare cools Bitcoin posted its worst streak in about a month amid ebbing fanfare over new US exchange-traded funds for the largest digital asset. The token fell as much as 1.9% before paring some of the slide to trade at $42,239 as of 9 a.m. Monday in Singapore. It has...
  3. Jan

    VALR launches AVAX and SOL staking

    VALR launches Solana and Avalanche staking South African crypto exchange VALR has launched staking, allowing customers to earn up to 5.9% in additional coins on two cryptocurrencies. Staking lets cryptocurrency owners earn rewards in the form of additional crypto coins by contributing to the...
  4. 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...
  5. Hanno Labuschagne

    Bitcoin rally fizzle a bad sign of things to come

    Bitcoin rally fizzle a bad sign of things to come Bitcoin’s subsiding two-month rally contains a warning for investors if history is any guide. The February jump in the largest digital token has withered to about 2% and pales compared to January’s 39% surge, data compiled by Bloomberg show...
  6. Hanno Labuschagne

    Solana blockchain hit by hours-long network slowdown

    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...
  7. Hanno Labuschagne

    Bitcoin off to a flying start in 2023

    Bitcoin off to a flying start in 2023 Bitcoin is set for its best January since 2013 on bets that monetary tightening and the crypto-sector crisis are both ebbing. The largest token is up over 40% since the turn of the year, a first-month gain bettered only twice before when crypto was in its...
  8. 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.
    • Jan
    • Thread
    • application-specific integrated circuits (asics) bitcoin bitcoin cash cardano cryptocurrency mining ethereum graphics processing unit (gpu) litecoin monero solana
    • Replies: 5
    • Forum: Cryptocurrency and Blockchain
  9. Hanno Labuschagne

    Over 7,000 Solana wallets hacked

    Over 7,000 Solana wallets hacked Hackers targeted the Solana ecosystem early Wednesday with thousands of wallets affected in the latest hit to the cryptocurrency market after bridge protocol Nomad was attacked at the start of the week. While the total value of the assets stolen was unclear...
  10. Hanno Labuschagne

    Bitcoin poised for biggest weekly gain in nine months

    Bitcoin poised for biggest weekly gain in nine months Bitcoin is on course for its best weekly gain since October last year, helped by a return of risk appetite in global markets more broadly. The largest cryptocurrency by market capitalization was up more than 13% for the week so far as of...
  11. Jan

    Mounting crypto liquidations make DeFi go to extremes

    Crypto protocol tries to take over R3.3 billion deposit with "emergency powers" — reverses after backlash The record-setting rout in cryptocurrencies has put a slew of decentralized-finance applications and their communities in a race to protect themselves against a cascade of liquidations —...
  12. Hanno Labuschagne

    Solana blockchain suffers over 4-hour outage

    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...
  13. Hanno Labuschagne

    Wormhole project hacked, R4.9 billion in crypto stolen

    Wormhole project hacked, R4.9 billion in crypto stolen Wormhole, a communication bridge between Solana and other decentralized-finance blockchain networks, said hackers stole about $320 million (R4.9 billion) in cryptocurrency. The online thieves made away with 120,000 wETH, or so-called...
  14. Jan

    Bitcoin drops to six-month low

    Bitcoin drops to six-month low The selloff in cryptocurrencies gained momentum on Monday, with Bitcoin tumbling to a six-month low and other digital tokens seeing even bigger losses.
    • Jan
    • Thread
    • bitcoin cardano ethereum marathon digital holdings microstrategy pepperstone financial riot blockchain solana
    • Replies: 19
    • Forum: Cryptocurrency and Blockchain
  15. Jan

    Crypto selloff pushes Bitcoin to a five-month low of $39,000

    Crypto Selloff Pushes Bitcoin to a Five-Month Low of $39,000 Bitcoin tumbled in an extended selloff for cryptocurrencies, falling past $39,000 to its lowest level in more than five months. The largest token sank 5.6% on Friday, marking a three-day downturn. Other cryptocurrencies were...
  16. Jan

    Solana hits processing snag

    Solana transaction trouble The network underpinning one of this year’s fastest-rising cryptocurrencies is having problems validating transactions, according to a Twitter account run by the Solana project. The problem stemmed from “resource exhaustion” in the network that caused denial of...
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