Elon Musk’s Bitcoin touch lifts SA crypto exchanges
Since Tesla bought $1.5 billion worth of Bitcoin, local crypto players report a huge increase in digital currency transactions on their platforms.
Taking advantage of xZAR
One of the key use cases for Stablecoins, such as xZAR, is the ability to use it as a payment mechanism.
Even more interest in crypto-currencies
Crypto-currencies are simple to trade and most of them are not bound to the success or failure of any country, providing people with an independent way to hold cash.
SA crypto players upbeat as Bitcoin nears $20K milestone
The local firms believe the price of Bitcoin will breach the $20 000 (R307 000) all-time high it reached during the tail-end of 2017.
Crypto exchange AltCoinTrader drags ‘bullying’ Absa to court
The local crypto-currency exchange takes the big four bank to court for allegedly putting pressure on Zapper to close the exchange’s account.
Gold and Bitcoin show their mettle
Many investors are looking for safe havens for their funds until the storm created by the COVID-19 pandemic dies down, says Richard de Sousa, CEO of AltCoinTrader.
Lockdown reignites Bitcoin interest across SA’s crypto exchanges
Local crypto-currency players witness renewed interest in Bitcoin, as the country grapples with the financial implications of the COVID-19 lockdown.
Blockchain, Bitcoin show promise in SA, but more skills needed
John Singh, head of the Institute of Information Technology Professionals SA Blockchain Special Interest Group in KwaZulu-Natal, believes there will be strong demand for blockchain and crypto-currency skills in future.
Using Bitcoin as loan collateral gains traction
Several lenders begin using crypto-currencies as collateral for personal loans, without much bureaucracy.
Nedbank may follow FNB in closing crypto-currency accounts
The big four bank says it is in the process of assessing its position in respect of virtual currency dealers or traders.
AltCoinTrader announces surprise fee reduction
The leading cryptocurrency exchange will reduce all fees by more than 50% indefinitely to remain at the forefront of the increasingly competitive cryptocurrency industry, says Richard de Sousa, CEO, AltCoinTrader.