The white-knuckle bitcoin ride took another twist on Monday as a two-day tumble in the digital currency stoked concern that the polarising cryptocurrency boom may run out of steam.
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The Signal and Telegram messaging apps are seeing a sudden increase in demand after larger rival WhatsApp’s updated terms of service raised eyebrows on social media.
Bitcoin jumped more than 5% on Friday to fresh record highs of $41 530, reversing losses from earlier in the session. It has now rallied nearly 1 000% since a low in March.
Cartrack, whose shares more than doubled in value in 2020, plans to delist from the JSE and file for an initial public offering on the Nasdaq, the company announced on Thursday.
Mobile telecommunications infrastructure belonging to MTN and Vodacom has been torched and destroyed in KwaZulu-Natal, possibly as the result of conspiracy theories linking 5G and Covid-19.
The total market value of cryptocurrencies surpassed $1-trillion for the first time on Thursday amid a frenzied and volatile rally in bitcoin to yet another record.
Government officials have called for stricter measures to curb soaring coronavirus infections at a meeting to discuss the state’s response to the pandemic, according to two people familiar with the matter.
Load shedding will be back, at stage 2, from 10pm on Wednesday, 6 January, Eskom has announced. The power cuts will be repeated on Thursday.
Bitcoin jumped to another all-time high on Wednesday, just two days after registering its biggest one-day decline since March.
Eskom has taken Unit One of Koeberg offline earlier than planned for scheduled maintenance, exarcerbating the risk of regulator load shedding in the months ahead.