Chinese police busted a R14 billion cryptocurrency dark web World Cup gambling ring

2018-07-14 21:37

Chinese officials shut down an online gambling ring that had accumulated $1.5 billion, or around R14 billion, in bets made on World Cup matches using cryptocurrencies like ethereum, bitcoin, and litecoin.

Gorgeous women, Vladimir Putin, and fluffy buzzwords: 6 clues the blockchain project you're thinking about investing in is a scam

2018-07-06 17:41

"Sometimes they'll use models to make fake LinkedIn accounts. When you go to check out who's involved in the company, you'll see photos of all of these beautiful people."

Randcoin? Probably not. 'Enthusiasm has slowed' for creating national cryptocurrencies.

2018-06-25 07:34

Countries were initially excited about the possibilities of their own, national cryptocurrencies. Now, not so much.

Bitcoin tumbles most in two weeks amid South Korea hack

2018-06-10 19:48

Bitcoin has extended losses for a third day as South Korean cryptocurrency exchange Coinrail said there was a 'cyber intrusion' in its system.

Gauteng firm probed in R1bn crypto scam threatens to sue Hawks

2018-05-28 17:07

A Bitcoin company fingered for an investment scam has threatened to sue the Hawks to retract its statement, but the Hawks are sticking to their guns.

Cryptos are tokens, not currency, says SARB

2018-05-25 07:03

The South African Reserve Bank chooses to call digital currencies such as Bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money.

Watch: SA’s first ATM for Bitcoin and other cryptocurrencies in action

2018-05-21 15:09

South Africa's first cryptocurrency ATM officially launched on Monday. Here's how it works.

SA’s first cryptocurrency ATM will open in Johannesburg by the end of this week

2018-05-14 17:39

Users will be able to buy and sell cryptocurrencies at the ATM, and exchange cash for crypto – without a bank account.

One in 5 finance firms is considering trading cryptocurrencies

2018-04-24 15:48

Thomson Reuters surveyed 400 of its global clients about their thoughts on crypto.

JPMorgan sued over 'sky-high' fees for cryptocurrency buys

2018-04-11 22:34

JPMorgan Chase & Co was sued for charging "sky-high" interest rates and fees to customers who used their credit cards to buy cryptocurrencies such as Bitcoin.

 

Bitcoin heads for its biggest drop in more than two weeks

2018-07-10 16:03

Bitcoin headed for the biggest drop in more than two weeks, as a rebound that saw the digital asset bounce almost 18% from the year’s lows ran out of steam.

Guard your savings: Avoid scams promising to make you richer than Jeff Bezos

2018-07-04 09:48

The returns promised to investors by BTC Global were financially impossible. In fact, not enough money existed in the world for the weekly interest they were guaranteeing.

Cryptocurrencies lose $42 billion after South Korean bourse hack

2018-06-12 05:45

The 2018 selloff in cryptocurrencies has deepened, wiping out about R552bn of market value over the weekend, and extending this year’s slump in Bitcoin to more than 50%.

People are so obsessed with trading cryptocurrencies that a hospital just launched a programme to treat addictive behaviour

2018-05-31 14:59

Scottish addiction treatment centre Castle Craig Hospital has launched a programme geared to help people who are addicted to trading cryptocurrencies online.

Sygnia to start cryptocurrency exchange in SA

2018-05-25 21:21

Money manager Sygnia says it intends to start a cryptocurrency exchange in the third quarter of this year to tap growing interest from investors in the country in digital currencies.

Bitcoin may be down 40% this year but crypto developers are still fetching $1 million signing bonuses

2018-05-23 12:47

Bitcoin may be down 40% year-to-date, but crypto developers are making out like bandits.

Bitcoin: All the questions you’re too embarrassed to ask

2018-05-16 10:12

With a physical Bitcoin ATM opening in Johannesburg, now’s the time to find out what this cryptocurrency is all about, and whether it is a good idea to invest in the volatile asset or not.

Cryptocurrencies pose a threat, must be regulated, CEOs say

2018-04-28 14:00

'The idea of anonymous currencies just never turned out to be a good thing,' Bank of America CEO Brian Moynihan told a recent conference in New York.

One cryptocurrency thinks it is Sharia-compliant, but for Muslim investors the blockchain still has pitfalls

2018-04-12 15:00

OneGram believes it is the first digital coin backed by gold – and that it is Sharia compliant, though things are still complicated for Muslim investors.

Declare cryptocurrencies on your tax returns, says SARS

2018-04-09 11:52

The tax agency says South Africans who own cryptocurrencies such as Bitcoin need to declare gains or losses on their annual tax returns.

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