Monday, February 26, 2024
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Cryptocurrency South Africa

Crypto Dealer Binance Adds Deposit Support for the ZA Rand

Binance, one of the world’s leading blockchain ecosystem and cryptocurrency infrastructure providers, has today announced that it has added a fiat gateway for the South African Rand as it expands its product offerings and bolsters its local presence in...

SA Reserve Bank Confirms Banks Can Work With Crypto Exchanges

The South African Reserve Bank’s (SARB) Prudential Authority this week has reportedly issued guidance to confirm that banks in the country can work with crypto exchanges. This is according to the international crypto exchange Luno. Marius Reitz, GM for Africa...

Crypto Scams on the Rise in SA: Here’s How to Protect Yourself

The world seems to have gone ‘crypto-mad’. Digital currencies like bitcoin, Monero, Ethereum, and even Dogecoin, are all over the internet. Their soaring value promises big wins for investors (if you’re “buying the dip”, that is). And the ‘fortunes’...

ICYMI: NFT of Nelson Mandela’s Arrest Warrant Sells for $130K at Auction

On Saturday, a non-fungible token (NFT) made from apartheid struggle icon and Nobel Peace Prize laureate Nelson Mandela's original arrest warrant - which sent the statesmen away to prison for 27 years - has been sold in a South...

Fresh Alarm Bells for Crypto Market as Bitcoin Soars to the Top

The prices of Bitcoin and other cryptocurrencies saw remarkable surges over the weekend driving the entire crypto market to its all-time high of around $2.5-trillion. Bitcoin itself is seeing a nearly record breaking surge, climbing to over $60,000 per coin...

South Africans Are “Extremely Bullish” About Crypto – Luno

Cryptocurrency buying and selling platform Luno has conducted a survey of over 1000 of its customers in South Africa in August 2021, along with customers in the UK, Malaysia and Indonesia. Luno found that 82% of South Africans who hold...

Over 1,500 Malicious Resources Are Targeting Potential Crypto Investors in Africa

Globally, cryptocurrency mining malware wreaked havoc in 2018, infecting more than five million people in the first three quarters of that year. Recent Kaspersky’s research shows that in some African countries, the threat of malicious crypto miners remains prevalent. Currently, in...

Navigating South Africa’s Highly Regulated Investment Environment

The news that South Africa’s Intergovernmental Fintech Working Group (IFWG) is moving to regulate the country’s cryptocurrency ecosystem has many investors concerned, coming as it does in a very depressed economy ravaged by harsh COVID-19 restrictions and job losses. How...

Bitcoin Surges Above $50,000 for First Time Since May

On Sunday, Bitcoin surged to $50,000 in a more than 3-month high. The cryptocurrency continues to rebound since reaching similar heights in May but tumbling since. The unit climbed above the $50,000 level around 4:40 AM CAT on Monday, according...

Is Now the Right Time to Buy Bitcoin?

Luno, South Africa’s leading cryptocurrency exchange, says you are still an early adopter if you are buying crypto for the first time even now. “The world has just started to recognise the potential of cryptocurrencies, so there is definitely more...
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Flutterwave fortifies its Board of Directors with new leadership

Flutterwave has proudly announced the addition of Olajumoke Adenowo to its global Board of Directors. Renowned as a transformative leader...
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