Browsing: Bitcoin

SA Bitcoin exchange debuts mobile wallet

BitX, the Bitcoin exchange launched last year, has released a mobile application that it hopes will help emerging markets better understand and use the cryptocurrency. The app allows anyone to buy or sell Bitcoin and functions as a wallet to store the virtual currency. BitX is headquartered

To Siri, with love

Just how bad a mother am I? I wondered, as I watched my 13-year-old son deep in conversation with Siri. Gus has autism, and Siri, Apple’s “intelligent personal assistant” on the iPhone, is currently his BFF. Many of us wanted an imaginary friend, and now we have one. Only she’s not entirely imaginary

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Bitcoin’s value is that it’s useful

The price of bitcoin has crashed to below US$290, its lowest since November 2013, and far below its all-time-high of $1 242 later that same month. For about three hours the price sat below $300. This relatively mundane observation is actually merely the tip of the iceberg for bitcoin

SA gets first Bitcoin vending machine

South Africa’s first Bitcoin vending machine has been installed, giving users the ability to get Bitcoin in exchange for rand. The difference between a Bitcoin ATM and a Bitcoin vending machine is that the former dispenses cash for Bitcoins

PayFast embraces Bitcoin for payments

One of South Africa’s biggest online payment gateways, PayFast, has announced that it will now accept crypto currency Bitcoin as a payment method. The integration is being done in partnership with the BitX exchange and allows buyers to purchase

Bidvest business now accepts Bitcoin

Local smart meter developer Invirohub has integrated Bitcoin into its systems, allowing consumers to buy electricity using the digital currency. Once enabled on its smart meters, any user who has Bitcoins will be able to pay the Bitcoin address associated with each meter. Each meter has a built-in 3G Sim

Crypto-currencies here to stay

No one is really sure who created it. Financial regulators, including our own Reserve Bank, do not like it. But its proponents believe it could revolutionise international monetary and payment systems, in the same way the Internet changed how the world communicates. It is Bitcoin, the virtual or crypto-currency that has gripped the imaginations of technophiles and

Standard Bank pulled plug on Bitcoin idea

Standard Bank has no plans to launch a Bitcoin trading portal after all. Bank spokesman Ross Linstrom has poured cold water on speculation that it is gearing up to launch the platform, saying it was part of a pilot project that was shelved

Standard Bank in Bitcoin trading pilot

It appears that Standard Bank is developing a Bitcoin trading portal of some kind. A discussion forum on Reddit suggests that a company called Switchless developed a “full operational and integrated Bitcoin portal system” for the South African

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