Bitcoin Market Explosion

African Bitcoin Markets Explode Ahead Of Bitcoin Halving

It was observed 4 days away to the Bitcoin halving that the hype was hitting every part of the world. Africa greatly experienced this explosion of the Bitcoin markets. In the last few weeks, Africa has experienced record-breaking volumes on bitcoin trading platforms. Africa – The P2P Power House Just of recent, trading volume on popular peer-to-peer platforms LocalBitcoins and …

Yellow Card

Binan Invested Exchange, Yellow Card Expands To Botswana And South Africa

Just of recent, Yellow Card announced that it will be expanding its services to South Africa and Botswana as the African cryptocurrency usage skyrockets. Yellow Card, a fast-growing cryptocurrency exchange that graduated from the Binance Labs Incubator and is fairly popular in Nigeria intends to expand out of West Africa into other parts of Africa like the Southern African markets. …

Kobo Coin The African Bitcoin For Sending Money To Africa

Kobocoin is one of the best African cryptocurrencies which comes in with solutions to several financial issues being faced in Africa. Although Bitcoin remains the world’s leading cryptocurrency, we cannot neglect the innovative impacts of Kobocoin within the African countries. What is Kobocoin? It is one of the best cryptocurrencies which has an African heritage. Kobocoin is also a blockchain …

Sygnia Delivering Financial Services Via Blockchain in South Africa

Sygnia When it comes to the delivery of financial services, the world is gradually moving from the use of traditional financial methods to innovative and modern methods. Gone are the days when people use to spend so many hours in getting their financial services delivered. This challenging issue created the need for establishing modern financial institutions like Sygnia to overcome …

Zambia Hit By $2 Million Cryptocurrency Scam

Zambia Hit By $2 Million Cryptocurrency Scam

Zambia’s Drug Enforcement Commission (DEC) recently arrested three (03) directors from the Zambian firm Heritage Coin Resources Limited. This arrest came after they were accused of running a cryptocurrency scam. Money Laundering Chibu Mwansa Tembo, the DEC’s assistant public relations officer, issued a statement in which he said the trio, under false pretenses, was accumulating funds. They also believe that …

Chainalysis and Paxful Create New Compliance Standard for Peer-to-Peer Cryptocurrency Exchanges worldwid

April 15th 2020 , South Africa – Chainalysis, the blockchain analysis company, announced its partnership with Paxful, a global, peer-to-peer (P2P) Bitcoin marketplace, which is raising the bar for compliance standards for P2P exchanges. Paxful uses Chainalysis KYT (Know Your Transaction) to monitor its platform’s cryptocurrency transactions in real-time and Chainalysis Reactor to build investigations when it detects suspicious activity. …

Why Luno Does Not Currently Support More Cryptocurrencies

Why Luno Does Not Currently Support More Cryptocurrencies

Marius Reitz, Luno South Africa’s country manager recently explained why Luno is currently supporting only Bitcoin and Ether and has no immediate plans to support additional tokens as it is the case with other exchange platforms. Accessibility and Security Reasons In Johannesburg at the Blockchain entrepreneurs Club South Africa’s (BECSA) Chain Reaction event in Johannesburg, Reitz addressed Luno’s approach to …

Hackers Are Targeting Cellphone Owners In South Africa To Mine Crypto

Hackers Are Targeting Cellphone Owners In South Africa To Mine Crypto

It is sad but we must say it now and loud. According to Riaan Badenhorst, managing director at Kaspersky Lab Africa, hackers are currently targeting cellphone owners in South Africa to illegally mine cryptocurrencies by installing malware on their victim’s devices. Crypto Mining Malware is on the rise According to the US-based cyber security company McAfee, crypto mining malware grew …