Investec has demonstrated a digital identity system anchored in the ethereum blockchain that its believes could enhance trust and security in South Africa’s financial system.
Browsing: Cryptocurrencies
South African-born global cryptocurrency start-up Coindirect has raised €1-million (about R16-million) in an investment round led by Concentric, with participation from Blockchain.com and MakerDAO.
As if cryptocurrencies haven’t been through enough already, they may be poised for yet another leg down.
Digital-asset exchange Quadriga CX has a $200-million problem with no obvious solution – just the latest cautionary tale in the unregulated world of cryptocurrencies.
Bitcoin’s painful 2018 crash continues, with the original cryptocurrency touching the lowest in more than a month on Monday.
The production-weighted cash cost to create one bitcoin averaged around US$4 060 globally in the fourth quarter, according to analysts with JPMorgan Chase & Co.
Regulation can help customers and existing financial institutions gain more comfort in cryptocurrencies and drive the adoption of bitcoin. By Angus Brown.
As crypto assets such as bitcoin continue to enjoy popularity among speculative investors, the South African Reserve Bank has kick-started the process for “light regulation” of these products.
Cryptocurrencies dropped on Thursday as bitcoin gave up the $4 000 level it’s hovered around since the start of the year.
As a growing number of cryptocurrency ventures struggle for funding, cut staff or shut down, all is well in one small corner of the industry: lending.