Category: <span>Crypto Currencies</span>

The JSE-listed specialty investment group, Sabvest, announced a 30% stake in Revix, a digital asset investment platform that offers investors diversified exposure to 85% of the global cryptocurrency market, through a single investment bundle. The funding will refine the platform’s technology suite, springboard the company beyond South Africa’s borders, and educate investors about the benefits of...

Bitcoin, Ethereum, and other crypto are revolutionizing how we invest, bank, and use money. Read this beginner’s guide to learn more. At its core, cryptocurrency is typically decentralized digital money designed to be used over the internet. Bitcoin, which launched in 2009, was the first cryptocurrency, and it remains by far the biggest, most influential, and...

Ripple, the $10 billion financial technology company best known for cryptocurrency XRP, is considering relocating its headquarters overseas due to frustration with the U.S. regulatory environment. The San Francisco-based firm’s CEO Brad Garlinghouse, who says he visited London only last month, told CNBC that U.K. markets watchdog the Financial Conduct Authority doesn’t deem XRP a...

PayPal has revealed that it will now facilitate transactions in Bitcoin. The buying, holding and selling of Ethereum, Bitcoin Cash and Litecoin will also be supported. DIGITISATION IS EMBRACED Bitcoin and a handful of other cryptocurrencies have been in circulation for a number of years now. They are part of a broader transition that has...

Crypto is heating up once again! DeFi has exploded onto the scene, scalability of Ethereum is in question and gas fees are out of control, interest in central bank digital currencies (CBDCs) is hot, regulators are scrutinising closely and expectations that bitcoin is going to moon soon, is causing a rumble in the crypto jungle!...

Ten years ago, humanity wrestled with a generational crisis named COVID-19. In the wake of the pandemic and its cataclysmic fallout, seismic changes occurred and a wellspring of ideas burst forth.  The weaknesses of our society laid bare, people were freed to think differently about the social contract. Conversations around the function of money and...

Square’s recently announced $50 million investment in bitcoin (BTC) is a “strong vote of confidence for the future of bitcoin” and a signal the payments company sees “a lot of potential” for the cryptocurrency as an asset, JPMorgan analysts said in a report dated Tuesday. While Square’s $50 million investment pales next to MicroStrategy’s recent...

The future of social media platform Twitter will be shaped by Bitcoin and its underlying technology, according to chief executive Jack Dorsey, who was once again endorsing a decentralized social media standard at a virtual conference on September 25. “A lot of our value in the past was around contest hosting. So we would host...

As yet another cryptocurrency scam is investigated in South Africa, the director of investigations and enforcement at the financial watchdog warned consumers to stay away. “In my opinion, anything to do with a crypto is highly suspect and nobody should be invested in anything form of cryptocurrency or any of the products that go with...

What’s the current state of blockchain and “fake news”? In recent years, a great deal of attention has been devoted to the supposed rise in “fake news”: a term that can cover everything from satire and misleading content to articles that are completely fabricated. According to the 2018 Edelman Trust Barometer, which surveyed respondents in 28...