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Cryptocurrency

  • SA based Tari Labs unveils free online blockchain, crypto university

    Tari Labs, a contributor to SA-based blockchain protocol Tari, has launched a free online university to help incubate open-source projects and train blockchain developers, both locally and globally. In a statement today Tari Lab’s senior contributor, Cayle Sharrock, said Tari Labs University aims to become a "go-to destination" for easily-accessible learning material for blockchain, digital currency and digital assets, from beginner to advanced level. “The more blockchain experts we can help develop, the better it is for the ecosystem as a whole,” said Sharrock. “From the start, Tari Labs has been all about giving talented people the chance to develop their abilities. The Tari Labs...

  • SA startup Centbee launches app to send bitcoin cash to contacts on your phone

    SA bitcoin wallet provider Centbee yesterday announced the launch of the beta version of a bitcoin cash wallet that makes it easy to send bitcoin cash to friends. Centbee allows global consumers to acquire, hold and spend Bitcoin with retailers and other merchants. The Centbee wallet is now available in the Google Play Store and the App Store. The wallet provides access to bitcoin cash (BCH) which is an upgraded version of Bitcoin (BTC), the legacy cryptocurrency. The news follows Centbee's announcement in January that the startup had received an undisclosed amount in equity investment from blockchain research and development firm nChain Group. At the time the startup said...

  • I am well known to be fake ICO adviser – Vinny Lingham on misrepresentation

    Silicon Valley based SA entrepreneur Vinny Lingham says he has lost track of the number of times he has appeared on initial coin offerings (ICOs) as a fake adviser. "I am well known to be a fake adviser," said Lingham, adding that one Canadian company recently raised $200-million using his name as an adviser. Last month Lingham revealed that fellow South African Eran Eyal, who faces fraud charges in the US, “fraudulently misrepresented” him by claiming that he was an adviser to his startup Shopin. Read more: Springleap’s Eran Eyal misrepresented me as Shopin adviser – Vinny Lingham On Monday (1 October) Lingham again commented on what he...

  • Kagiso Interactive’s Kryptoro offers user friendly crypto exchange [Sponsored]

    Marvel Comics, EA Games, Disney, MTN, and Mahindra Kotak Bank – apart from being among the biggest and most successful companies in technology, these names form part of the client list of SA software development firm Kagiso Interactive. Kagiso Interactive, which has regularly been voted as the Best Mobile Applications Development Company in Africa and the Middle East, has recently been touted as one of the leading companies globally to watch in the space of augmented reality (AR) and virtual reality (VR). Aware of the recent explosion of cryptocurrencies across various fields, this giant of technological solutions ventures into the cryptocurrency sphere...

  • Blockchain has created backbone of new internet – Natalie du Toit [Opinion]

    "Sport has the power to change the world. It has the power to inspire, it has the power to unite people in a way that little else does. It speaks to youth in a language they understand. "Sport can create hope, where once there was only despair. It is more powerful than governments in breaking down racial barriers. It laughs in the face of all types of discrimination. The heroes standing with me are examples of this power. "They are valiant not only in the playing field, but also in the community, both local and international. They are champions and they...

  • Blockchain has yet to prove useful for companies – crypto expert [Sponsored]

    There is not one blockchain that currently provides value for companies or that saves them money, a SA crypto expert argues. Speaking at a panel discussion on the future of blockchain in Africa at the Leaderex expo last Tuesday (4 September), VALR founder Farzam Ehsani questioned the value that blockchains have reaped so far for businesses. “If we ask ourselves with all the money in the corporate space, which blockchains are in production that are either providing value or saving costs for companies I can’t give you any,” said Ehsani. VALR is a digital asset platform that allows customers to store and protect their...

  • Natalie du Toit linked startup Sports Podium launches app to track golf scores

    Having ditched plans to run an initial coin offering (ICO), a SA blockchain startup that includes Paralympic SA swimming star Natalie du Toit as one of its shareholders, is rolling out an app that will allow amateur golfers access to accurate scores of one another's game. Speaking to Ventureburn last week Sports Podium founder Jaco Rossouw said the startup launched the app in June. The app allows golfers to keep track of own another's scores using the blockchain as a verification method. The current version of the app is already available for download from the Apple i-Store. In addition, anyone with any other sporting apps will...

  • Wealth Migrate assessing market, exchanges before phase two of ICO

    SA startup Wealth Migrate is assessing market conditions and the timing of the security exchanges to work out when to launch the second phase of an initial coin offering (ICO) for its WealthE tokens, the startup's founder Scott Picken said. This, after the Cape Town based startup raised just over $3-million in the ICO's first phase which closed on 21 May. Through the ICO investors will be able to invest in global property portfolios. In an email to Ventureburn last Thursday (2 August) Picken said the startup has closed on phase one of the ICO, and is working on pivoting to a security token in phase two. "We closed phase one in...

  • ‘Luno making progress to get users’ money back from Malaysian account’ [Updated]

    Just over five months since Malaysia's tax authority took the decision to unfreeze SA bitcoin exchange Luno's Malaysian bank account, the startup says it is making progress in helping customers to get their money back. The tax authority in January froze the startup’s Malaysia bank account with Maybank, after it launched a probe into the cryptocurrency company’s activities in Malaysia. It unfroze the account in February. "We are making progress in Malaysia, but these things take time as you can understand," Vijay Ayyar, who leads the Luno's global countries team told Ventureburn in an email today. "Our immediate priority was to help customers get their money back which is...

  • ICOs may have frizzled but SA startups are closer to meeting targeted raises

    With the steady fall in the price of Bitcoin and Ethereum since the beginning of this year fewer local startups may be opting to run an initial coin offering (ICO). Yet it seems SA startups are getting more successful at running ICOs -- at least if reaching their targeted raise is anything to go by. While startups last year struggled to raise more than four percent of the capital they sought to raise through ICOs, SA startup Gron Digital claims to have already allocated 84% or over 50.4 million of its 60 million GRO tokens. The startup aims to -- through its blockchain platform -- become an industry standard in making...

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