Many crypto firsts achieved in 2021, say SA-based exchanges
Among the highlights for 2021, the exchanges say this year, cryptos became a multi-trillion-dollar asset as institutional investors increasingly embraced them.
Decentralised finance crimes define crypto hacks in 2021
By July, decentralised finance-related hacks totalled $361 million, already making up three-quarters of the total hack volume this year, says CipherTrace.
Hacker returns $260m of Poly Network’s stolen coins
In a turn of events, after stealing over $600 million in crypto-currency yesterday, the hacker has started returning the funds.
Poly Network loses R8.7bn in ‘biggest’ crypto-currency hack
The company writes an open letter to the hackers, saying law enforcement in any country will regard this as a major economic crime.
Why crypto-currency is a better offshore investment than fiat currencies
By buying USD-backed stablecoins, an investor can earn steady gains through decentralised finance services while still hedging against the falling rand, says Ovex.
Bitcoin, crypto-currency emerge as welcome solutions for investors
On 13 July, the major banks’ shares dropped an average of 5% as a result of the country’s current unrest.
SA crypto exchanges ride on Ethereum’s all-time highs
Luno, AltCoinTrader and VALR report a massive surge in volumes and interest in the world’s second most popular digital currency.
Exit scams take centre stage in crypto-currency crimes
Half of all 2020 crypto hacks were of decentralised finance protocols, a pattern that was virtually negligible in all prior years, says CipherTrace.