Cryptocurrency

Dutch VC fund takes a stake in SA’s Centbee after Paper Plane Ventures exits startup

UPDATE (21 February): An earlier version of this story had it that Dutch venture capital (VC) company Two Hop Ventures had acquired SA VC…

After netting $260k, Xion to launch subscriptions management platform in US

Three South Africans are hoping to hit it big in the US with their blockchain startup Xion, by helping ecommerce providers to quickly and…

Nigerian crypto platform Bitfxt lands $15m from UK investors, Payitup parent company

Nigerian crypto investment platform Bitfxt has announced that it has raised $15-million from a UK syndicate of hedge funds and UK company, Payitup Clearinghouse….

SA trio behind Wildcards betting on social status to propel their endangered wildlife token

Protecting endangered wildlife can do more than just save the planet. For some pledging their support for a good cause can help elevate their…

Swiss crypto fund CV VC has invested $75k in SA startup PocketJam, confirms co-founder

Swiss investment company Crypto Valley Venture Capital (CV VC) has invested $75 000 in Cape Town based crypto startup PocketJam, a platform that incentivises…

Swiss crypto investor CV VC mulling setting up African chapter in Mauritius

Swiss investment company Crypto Valley Venture Capital (CV VC) has announced that it is evaluating whether or not to set up an African chapter…

Trio piloting SA’s first blockchain-based property register in Khayelitsha

The Centre for Affordable Housing Finance in Africa (CAHF), research consultancy 71point4 and Seso Global have partnered to develop South Africa’s first blockchain-based property…

SA startup Centbee raises £1-million from Calvin Ayre in Series-A round

Johannesburg-based Bitcoin SV (BSV) wallet and merchant payment startup Centbee has raised £1-million from Ayra Ventures founder Calvin Ayre. Centbee was founded in 2017 by…

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…

Crypto exchange platform Coindirect raises €1m in round led by Concentric

Cryptocurrency exchange platform Coindirect today announced that it has raised €1-million in an investment round led by London-based investor Concentric. Coindirect, which is registered…

‘Real projects will get African regulators to shift stance on crypto, blockchain’

Entrepreneurs who help develop real projects on the blockchain is what is likely to drive African regulators to begin regulating cryptocurrency and blockchain. So,…

Sun Exchange closes ICO with $1m raised, just 20% of target

SA startup The Sun Exchange, a blockchain-based solar micro-leasing marketplace, has concluded its initial coin offering (ICO) — having raised just over $1-million, just 20% of…

Why regulating crypto assets will help grow Bitcoin adoption [Opinion]

Last week the South African Reserve Bank released a consultation paper (see a PDF copy here) on policy proposals for crypto assets, after engaging constructively…

SARB calls on the public to comment on consultation paper on crypto assets

Members of the public have until 15 February to comment on a consultation paper on crypto assets released by the South African Reserve Bank and other members of the Intergovernmental Fintech Working Group on Tuesday

Will regulators provide more clarity on cryptocurrency in 2019?

A crypto-assets working group that includes members from Sars, the SARB and the Treasury will later this year release a final research paper on cryptocurrency

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…

Load shedding: Eskom announces Stage 2 amid cold front

Track SA’s ‘massive cold front’ with this tool

Black tech company sets sail in SA tech sector

Inside the unified fibre network project currently taking place in Lagos

Gold is about to hit its highest price in history

Minecraft esports league for Curro school learners

Samsung Galaxy Note 20 to be unveiled in August?

How to disinfect your phone safely

Reborn ‘Defender’ : Ineos Grenadier confirmed for SA

New VW Tiguan confirmed for South Africa

RS Trophy is the most expensive Renault yet