South Africa
Digital Assets
BRICS, favour the idea of developing a common payment system
The five BRICS nations; Brazil, Russia, India, China and South Africa are considering the development of a common payment system or cryptocurrency to decrease their dependence on the U.S. dollar.
The creation of a...
Digital Assets
BitFund Review
BitFund is a South African cryptocurrency investment platform. BitFund provides a range of prespecified portfolios, as well as your own customizable portfolio. BitFund allows everyone to be part of this financial revolution, by removing the barriers to...
Blockchain
Ethereum Constantinople Fork Delayed After Vulnerabilities Detected
The release date of Ethereum’s Constantinople upgrade, which is set to enhance the Ethereum network, has been postponed several times. This upgrade was scheduled to go into effect this month. Zurich-based blockchain security firm ChainSecurity—a smart contract...
Blockchain
Binance Completes 6th Coin Burn
Binance has successfuly completed their 6th coin burn, burning 1,623,818 BNB which is valued around $9.4 million (R128 million) on January 16th 2019. This burn corresponds to the period between October 1 and December 31, 2018 where...
Digital Assets
South African Reserve Bank Proposes Tougher Cryptocurrency Regulation
The South African Reserve Bank (SARB) has released a new consultation paper focusing on digital assets in the country as part of an Intergovernmental FinTech Working Group (IFWG), which includes the National Treasury, the South African...
Digital Assets
SAFCOIN Review
Since the launch of Safcoin, at the time South Africa’s first digital currency, its latest claim is that it is an exclusively African focused cryptocurrency which aims to tap into the ways that cryptocurrency can positively impact...
Digital Assets
Cricket South Africa Hacked: Falls Victim To Bitcoin Scam
South Africa’s national cricket organization fell victim to hackers gaining access to their Twitter account Indian Express reported on Jan. 14. Cricket South Africa (CSA), tweeted its alleged participation in the scheme in the early morning to...
Uncategorized
Best Cryptocurrency Exchanges For South Africans
Cryptocurrency Exchanges, more notably Fiat-to-Crypto exchanges are usually the first place a beginner would purchase or interact with cryptocurrency for the first time. There are many cryptocurrency exchanges, many of which inflate their trading volumes (The sum...
Blockchain
What Is Bitcoin?
Overview
Bitcoin is an innovative payment network and a new kind of money. Bitcoin can be described as a digital currency that is not backed by anything physical. Bitcoin is a currency, and should...
Blockchain
What Is Cryptocurrency? A Beginners Guide
Overview
What is cryptocurrency, and why is it taking the world by storm?
We can define cryptocurrency as a digital currency in which encryption techniques are used to regulate the generation...
Latest News
Facebook’s Libra Project Development Update
The Libra Association have published an update on Libra's development progress in blog post titled “5 months...
Digital Assets
BRICS, favour the idea of developing a common payment system
The five BRICS nations; Brazil, Russia, India, China and South Africa are considering the development of a common payment system or cryptocurrency...
Digital Assets
Two Men Arrested for Sim Swapping and Crypto Theft
Eric Meiggs, 21, of Brockton, Massachusetts, and Declan Harrington, 20, of Rockport, Massachusetts, were arrested and charged in an 11-count indictment. The...
FinTech
State of FinTech in South Africa
FinTech is an emerging sector in South Africa. With funding pouring into startups like Zande Africa, Bright on Capital and Livestock Wealth....
Blockchain
Litecoin (LTC) Users Affected In Large-scale Dusting Attack
Many Litecoin (LTC) users have recieved small amounts of Litecoin (LTC) in a dusting attack.
A dusting attack refers...
