Cryptocurrency

JSE-listed investment group Sabvest acquires 30% stake in crypto platform Revix [Updated]

JSE-listed investment group Sabvest announced today that it has acquired a 30% stake in digital asset management platform Revix. Revix uses proprietary bundling technology and smart…

Everything you need to know about the South African cryptocurrency ecosystem

While things may have quietened down on the crypto front after 2018’s massive fall in the price of Bitcoin, there’s still significant interest from entrepreneurs…

Ubu platform that aims to create universal basic income is no get-rich scheme says co-founder

The co-founder of an SA blockchain platform admits that while some investors are sceptical of his startup, his platform is not “a get-rich scheme”, but rather…

Smart Contracts versus traditional contracts – same but different

Smart contracts are governed by a programming language and the tenets of blockchain technology. But are they really that different from traditional contracts? In…

Vinny Lingham’s Newtown Partners invests in crypto exchange Ovex

Silicon Valley based SA entrepreneur Vinny Lingham has invested an undisclosed sum in Ovex, a Cape Town based cryptocurrency exchange, through his VC firm…

Michael Jordaan backed crypto trading platform VALR raises $1.5m seed round [Updated]

Joburg based cryptocurrency trading platform VALR — whose investors include local venture capitalist Michael Jordaan — has raised $1.5-million in a seed round led…

SA crypto platform Revix to launch with JSE-listed firm R11m [Updated]

SA startup Revix has secured R11-million from a Johannesburg Stock Exchange (JSE) listed firm and is set to go live with its crypto-trading platform…

Three Kenyan teams in running for $500k blockhain EOS Global Hackathon prize [Updated]

UPDATE: Block.one on Friday (7 December) awarded $500 000 to the final winner of its blockchain hackathon, GeneOS. GeneOS is a blockchain-enabled data ownership, marketplace, and secure…

Bitcoin price fluctuations won’t affect how we work says Luno country head

The constant fluctuation in the price of bitcoin and other cryptocurrencies won’t affect SA bitcoin exchange Luno and how it operates, says the company’s SA…

Blockchain fad is wearing off says man behind Jozi crypto startup DoshEx

The fad around blockchain among startups and corporates has cooled, says the head of a Joburg-based company that develops blockchain solutions for local and international…

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…

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…

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)…

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…

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…

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…

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…

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…

‘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…

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…

Identity.com a ‘first-of-kind’ for secure identity verification says Vinny Lingham

South African entrepreneur and Civic founder Vinny Lingham has announced the name of his new decentralised identity ecosystem – Identity.com. In a blog post yesterday East London…

SA platform Bitfund claims hundreds of signups since yesterday’s launch

SA cryptocurrency investment platform Bitfund has had “hundreds” of investors sign up since its launch yesterday claims one of its founders, Josh Miltz. The founders of the Joburg-based startup…

Joburg hub Blockstarters on hunt for $450k to assist blockchain startups (Updated)

UPDATE: Blockstarters CEO Kreaan Singh confirmed to Ventureburn that as of 9 April 2019, Blockstarters was still in the process of trying to raise the $450…

No load shedding on Tuesday despite 1100 MW of outages on Monday

Huawei wil replace Google Maps with TomTom following new deal

Disney is removing ‘Fox’ from the production company’s future branding

UK’s CDC Group commits $15m to TLcom’s Tide Africa Fund

Stellenbosch University spin-out behind award-winning nanofibre skincare product

Tech startups likely to weather SA’s economic slowdown say venture capitalists

Samsung is readying new Galaxy A phones that could arrive in SA

Latest Samsung Galaxy S20 range leak unveils almost all specs, features

The Huawei P40 Pro could have seven cameras in total

Audi’s AI:ME could be the company’s future A2

BMW confirms the iX3’s battery and power details

The true cost of Audi’s electric car strategy