Bitcoin

One of Africa’s poorest countries adopts bitcoin as legal tender

From tax payments to everyday purchases, digital cash is becoming increasingly adopted around the world. Cryptocurrencies are shifting from the fringes of finance to…

Luno hits new milestone with 10 million customers

Luno, the crypto company founded by two South Africans, now has 10 million customers in over 40 countries. Luno’s latest one million customers were…

Luno data reveals the habits of the South African crypto buyer

It’s no surprise that the average South African crypto buyer is male. But data like the average first spend of R450 and eight month…

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] 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…

Bitvice wants to spread Bitcoin custodianship in South Africa

Over four million South Africans own cryptocurrency and Bitcoin investment platform Bitvice wants to increase that number dramatically. This is only one of the…

Luno hits 9 million customers, adds a million in 4 months

Cryptocurrency exchange platform Luno has announced it has accumulated 9 million customers with a million added in just over four months. Founded by South…

SA crypto exchange launches auto-trade feature

South African cryptocurrency exchange platform ChainEX has launched an instant trade on deposit feature for its users. The new feature will enable traders using the platform…

SA crypto exchange surpasses over 30 000 users

South African cryptocurrency exchange platform ChainEX partnered with globally recognized exchange OKEx in 2020 enabling its users to trade within DOGE/ZAR markets and resulted in…

How does SARS treat Cryptocurrency in your estate?

Cryptocurrency is a hot topic at the moment and as such has arrested the attention of the South African Revenue Service (SARS). Many people…

Most common Bitcoin myths busted

Bitcoin has smashed through all-time price highs in 2021 – and many other cryptocurrencies have too. Many South Africans hold strong views – that…

2021 is the year of Ether and it’s challenging Bitcoin for crypto-supremacy [Opinion]

Sean Sanders, the founder, and CEO of Cape Town-based cryptocurrency investment platform Revix, shares valuable insight into Ether. Ether is already up more than…

Will Ethereum remain the second largest cryptocurrency?

Smaller cryptocurrencies like Polkadot and Cardano are challenging Ethereum’s dominance in the general-purpose blockchain space. Ethereum’s 1 330% sprint over the last 12 months…

Regulating cryptocurrencies necessary for mass adoption

The infamous case of South Africa’s Mirror Trading International (MTI) has been crowned as the world’s largest cryptocurrency Ponzi scam. A total of around…

The cryptocurrencies that have outperformed bitcoin

Over the longer-term Bitcoin’s astonishing price performance has been eclipsed by other smaller alternative cryptocurrencies Twelve months ago, bitcoin was trading at $5 355….

SA crypto startup enables users to earn interest on Ethereum and USDC

South African-born cryptocurrency exchange startup Luno has announced that its users can now earn up to 4% interest per annum on Ethereum and up to…

Bitcoin goes mainstream

If you bought bitcoin on the 10th of October 2010 when it was worth 10c and invested $100 (R1 500) you would have been…

Luno crypto platform adds US dollar stablecoin

Luno, one of South Africa’s leading cryptocurrency exchange platforms has announced the addition of USDC, one of the most secure stablecoin on the market to…

Is Bitcoin the new Gold?

Bitcoin’s price has once again soared in recent months – as has the price of some of its other cryptocurrency peers, such as Ethereum…

With Bitcoin at R500K have you already missed out?

Bitcoin has started 2021 with strong momentum. The price of the largest cryptocurrency reached another all-time high at $34,347 (R514,000) per coin this past…

Crypto comes of age in 2020 – year in review

Despite volatile cryptocurrency prices during 2020, Bitcoin has been resilient during the global economic downturn. According to Marius Reitz, Luno’s General Manager for Africa,…

JSE backed Revix offers a different approach to crypto investing

With bitcoin recently hitting a new 20 months high and seeing a colossal 25% jump in October alone we seem to be back in…

Crypto: The hype, the profits, and the unregulated [Opinion]

Wiehann Olivier, chartered accountant and Partner at Mazars South Africa, an accounting and tax consulting group, has outlined the possible risks surrounding the cryptocurrency…

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