-
April 26, 2018 •
Finance, Security, Sponsored •
Fundisiwe Maseko •
Comments Off on Cryptocurrency craze leads to new DDoS tactics
As the world of cryptocurrencies continues to grow exponentially, Distributed Denial of Service (DDoS) attackers have a new set of targets, namely the exchanges that power cryptocurrency trades, as well as the computer systems used to ‘mine’...
-
April 11, 2018 •
Finance, Opinion, Southern Africa, Top Stories •
Fundisiwe Maseko •
Comments Off on Life after Bitcoin: Understanding the cryptocurrency and betting on its future
You probably noticed the shift during the second half of 2017. Bitcoin and cryptocurrencies went from something you vaguely knew about and planned to read up on real soon, to the main topic of conversation at dinner parties. Since then the crypto fanboys have...
-
February 26, 2018 •
Security, Top Stories •
Darryl Linington •
Comments Off on Is your Bitcoin safe?
Cryptocurrency has been in the news a great deal lately. The interest in Bitcoin and other forms of digital currency has sparked a great deal of interest and debate – to invest or not to invest seems to be the prevailing question. But it is not a perfect...
-
February 5, 2018 •
Finance, Opinion, Top Stories •
Dean Workman •
Comments Off on Can we solve the tax dilemma around Bitcoin?
Although usually behind the global curve, South Africa seems to be keeping pace with the current Bitcoin trend. This is positive, as we are living in an increasingly digital world with it only being a matter of time before currency too, became digital. The...
-
January 29, 2018 •
Finance, Top Stories •
Fundisiwe Maseko •
Comments Off on Trading in Bitcoin – Keep the Tax Man in mind
Due to the very recent emergence of virtual currencies or cryptocurrencies, such as Bitcoin, in South Africa, there are currently no specific laws or regulations that deal with the use of cryptocurrencies. It follows that, to date, there isn’t any court...
-
January 22, 2018 •
Mobile and Telecoms, Online & Social, Security, Top Stories •
Dean Workman •
Comments Off on Opera adds Bitcoin mining protection in its mobile browsers
Opera announced on 18 January 2018 that it is adding protection against cryptocurrency mining scripts to all its mobile browsers, which according to the company, will aid in protecting hundreds of millions of smartphone browser users. The announcement came...
-
January 22, 2018 •
Finance, Top Stories •
Dean Workman •
Comments Off on Bitcoin is not really money and Visa wont touch it says CEO
In an interview with CNBC, Alfred Kelly, the CEO of credit card giant Visa, revealed that he believes that Bitcoin – the world’s largest cryptocurrency – is not really money and Visa won’t touch it. During the interview, which was...
-
January 19, 2018 •
Finance, Online & Social, Southern Africa, Top Stories, West Africa •
Dean Workman •
Comments Off on Africans can buy and sell multiple cryptocurrencies with newly launched platform
On 18 January 2018, Coindirect.com, a way to buy and sell cryptocurrencies online, announced the initial launch of its platform for local currency trading. The Coindirect.com cryptocurrency marketplace is designed to make trading in digital currencies simple,...
-
January 16, 2018 •
Finance, Opinion, Southern Africa •
Dean Workman •
Comments Off on Beware of cryptocurrencies warns debt expert after hack
A rapidly growing number of deeply indebted consumers are getting themselves into financial trouble by “investing” in cryptocurrencies such as Bitcoin and Ripple. Neil Roets, CEO of Debt Rescue, a debt counselling companies in South Africa, said he was...
-
January 15, 2018 •
Finance, Online & Social, Top Stories •
Dean Workman •
Comments Off on Hackers steal $400 000 from online cryptocurrency wallets
On Saturday 13 January 2018, an unknown hacker (or hackers) managed to take over the DNS server for BlackWallet.co, a web-based wallet application used for the Stellar Lumen cryptocurrency (XLM), and stole $400,000 from users’ accounts. The hackers...
-
January 8, 2018 •
Education, Southern Africa, Top Stories •
Fundisiwe Maseko •
Comments Off on South African Business School to accept Bitcoin payments
South African Business School, Red & Yellow has announced that it will accept Bitcoin payments for all degrees, advanced diplomas, certificates and online courses. Red & Yellow has been teaching future business leaders since 1994. As a progressive...
-
December 15, 2017 •
East Africa, Finance, North Africa, Southern Africa, Startups, Top Stories, West Africa •
Dean Workman •
Comments Off on Vinny Lingham joins BnkToTheFuture board with host of top executives
On Thursday 14 December 2017, global FinTech, Bitcoin and blockchain online investment platform BnkToTheFuture announced its token sale advisory board, which includes South African Vinny Lingham, who is the Civic CEO, and executives from Smith + Crown, Abra,...
-
December 11, 2017 •
Finance, Online & Social, Southern Africa, Top Stories •
Dean Workman •
Comments Off on 8 ways to jump on the Bitcoin train
Bitcoin is undoubtedly the buzz word today, not only within tech and financial circles, but amongst the average joe on the street as well. The most famous of the cryptocurrencies has seen its value increase by more than 2000% since the beginning of 2017 and...
-
December 7, 2017 •
Finance, Sponsored, Top Stories •
Fundisiwe Maseko •
Comments Off on What is the potential of investing in Cryptocurrencies?
Cryptocurrency is digital currency managed through cryptography (advanced encryption technique). It is a decentralised currency, which allows functions like transaction processing, currency issuance, and verification across the internet. Cryptocurrencies are...
-
November 29, 2017 •
Finance, Online & Social, Top Stories •
Dean Workman •
Comments Off on Bitcoin surpasses the $10 000 mark
On Tuesday 28 November 2017, for the first time since the creation of Bitcoin in 2008, the cryptocurrency surpassed the USD $10 000 mark and it shows no signs of slowing down as it continues to climb towards $11 000. The surge in price comes off the backdrop...
-
November 29, 2017 •
Finance, Online & Social, Top Stories, West Africa •
Dean Workman •
Comments Off on Nigerians warned of cryptocurrency risks
Nigerian Deposit Insurance Corporation (NDIC), the country’s financial sector insurance regulator, on Monday 27 November 2017, again warned Nigerians against the risk of trading with digital currencies not issued by the Central Bank of Nigeria (CBN). The...
