Naspers-backed cryptocurrency exchange Luno has been acquired by New York-based digital asset investment firm Digital Currency Group.
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It’s being driven by payments from small businesses as well as remittances sent home from migrant workers, according to new data.
Promoted | Revix co-founder and CEO Sean Sanders joins TechCentral for a discussion on cryptocurrencies as an investment class and why current world events are underpinning the renewed boom in bitcoin and other cryptos.
Naspers-backed cryptocurrency platform Luno is expanding into Australia as bitcoin rallied 59% this year amid the coronavirus pandemic.
Bitcoin jumped to its highest in over a year on Monday, adding to a 2020 rally that has seen it more than treble in price since March.
Bitcoin’s recent run higher has brought out a lot of old predictions – and some new ones – about the future of crypto prices.
The goal of blockchain start-ups to build a decentralised Internet always depended on wresting data storage away from giants like Amazon and Google. That missing piece of the puzzle may be solved.
Bitcoin reminded investors of both its promise and peril in trading this weekend. The world’s largest cryptocurrency rose to $12 112, its first foray above $12 000 since August 2019, before plunging.
After several weeks of trading in narrow ranges, bitcoin breached $10Â 000 on Sunday for the first time since early June.
VALR.com has raised R57-million to help fund further expansion, with proceeds from the capital raise to be used to explore new products for the South African market.