Cryptocurrency

[Opinion] The 2022 crypto market, according to Luno

Crypto regulation is imminent in South Africa. In addition, ongoing price volatility and more formal links to the financial services sector are predicted for…

Crypto index ranks SA as 2nd in the world for Bitcoin adoption

Sensational headline aside, South Africa has a high cryptocurrency adoption rate according to the Finder Cryptocurrency Adoption Index. Of the internet users surveyed who…

[Opinion] NFT market to remain unpredictable in 2022

While 2021 saw crypto transaction break into the mainstream, the market was volatile. There were 23 non-fungible tokens (NFT) that sold for more than…

DeFi platform Goldfinch raises $25m to continue emerging market lending

Andreessen Horowitz (a16z crypto) led a $25 million funding round that will help Goldfinch continue to offer uncollateralised DeFi loans to businesses in emerging…

Coinbase market share grows with increased crypto confidence

Coinbase has maintained its Bitcoin (BTC) trading market dominance with the exchange holding a 53 percent share with over 520 000 BTC transactions in…

[Opinion] 2021: The Year Cryptocurrency Matured

Bitcoin (BTC) continues to be the brightest star in the crypto sky with the coin adding over $500 billion to its market capitalisation in…

Visa introduces Crypto Consulting Service to support partners

Visa has announced its Crypto Consulting Services – an offering designed to help clients and partners advance their own crypto journey – as crypto…

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…

DoshEx launches property investment crowdfunding service for SA investors

SA blockchain startup DoshEx has launched DoshProp, a new property investment crowdfunding service which allows ordinary South Africans to invest in property — and the…

SA’s AltCoinTrader to offer trade in non-Krugerrand gold, silver but is it legal?

SA cryptocurrency exchange AltCoinTrader has announced that it will next month allow users to trade in one-ounce gold and silver coins using its platform….

With crypto winter over here are six SA startups to watch

With experts reporting in recent months that crypto winter is now over, things are hotting up in the SA crypocurrency scene — with five major SA…

SA crypto exchange Ovex deal with Invictus Capital ‘was less than R10m’

SA cryptocurrency exchange Ovex revealed today that the seed investment it secured from Cayman Islands-based crypto asset management firm Invictus Capital was “less than R10-million”. Ovex, which launched…

Reserve Bank issues call to fintechs to participate in central bank digital currency project

The SA Reserve Bank has called on solutions providers to express interest in participating in its domestic central bank digital currency project. Through the project,…

Here are the 15 winning blockchain applications from ETHCapeTown

From a blockchain application that helps raise funds for some of the world’s most endangered species, to an incentivised peer-to-peer streaming platform, to an…

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…

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