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digital currency

Mark Zuckerberg Says the Metaverse will Come Costly

Mark Zuckerberg told shareholders on Wednesday that the metaverse project will bleed a lot of money and that some products will not be ready for 15 years. According to Business Insider, the Meta CEO told shareholders that he spent $10-billion...

Luno Secures 10-Million Customers in over 40 Countries

Luno, the crypto company founded by two South Africans, now has 10 million customers in over 40 countries. Luno’s latest one million customers were onboarded in just six months, according to a press release from the company. South Africa is...

Finding the Business Case for Blockchain

The distributed ledger system behind blockchain, the technology used to secure cryptocurrencies, ensures that all transactions are validated and, importantly, that an immutable record is kept of these transactions. This is essential for securing a digital currency, but it has...

Meta Rumoured to be Working on New Virtual Currency: ‘Zuck Bucks’

Meta reportedly plans to introduce a virtual currency "Zuck Bucks" to its apps to reward content creators and run other financial services like lending. Mark Zuckerberg, founder and CEO of Meta, recently gave up on another digital currency he was...

What to Expect from the 2020 Bitcoin Halving

The Bitcoin halving is a planned reduction in rewards miners receive. Halvings happen once every four years or so. And the next one will take place in the early hours of Tuesday, 12 May 2020. What exactly is a halving...

Digital currency could be on the cards for Ghana’s Central Bank

Ghana's Central Bank could soon introduce a digital currency - the e-cedi. Speaking at an annual banking conference this week, Governor of the Bank of Ghana, Ernest Addison announced that the bank is in talks to explore the future...

Paxful offers bitcoin workshops to universities in Africa

On Tuesday, 14 May 2019, Statistics South Africa announced that the youth unemployment rate in the country remains at an all-time high of 55.2 per cent. In a bid to help create employment, global peer-to-peer Bitcoin marketplace, Paxful is...

Centbee closes Series A round funding

South African-based Bitcoin company, Centbee, announced that it has closed its Series A round with entrepreneur Calvin Ayre, founder of Antigua-based investment firm, Ayre Ventures and CoinGeek. Ayre, who has invested $1 304 700,00 (R18.3 million), announced that, “Centbee...

How to drastically empower your business by advancing Blockchain technology

We frequently associate blockchain with Bitcoin. However, blockchain technology extends beyond the realm of cryptocurrency. Blockchain is not limited to financial or banking transactions. In fact, transactions can be the movement of money, goods or secure data. Intel works with...

Making cryptocurrency part of your savings strategy

The value of cryptocurrency as a concept and as an investment vehicle continues to stir debate in South Africa’s financial and investor circles. All investments carry their own set of risks and reward variables, and with newer investment vehicles like...
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Plan Ahead with Bolt: Book Your Ride In Advance

Bolt has launched its 'Scheduled Rides' feature allowing users to book rides up to 72 hours in advance. This feature...
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