Browsing: Bitcoin

News
Bitcoin price collapse accelerates

Bitcoin tumbled to its lowest level since February as the meltdown in the world’s largest digital currency accelerated, renewing concern about the long-term viability of the much-hyped alternative to traditional

News
Bitcoin tumbles 12% after new exchange hack

Bitcoin extended losses for a third day, tumbling 12% on Sunday as South Korean cryptocurrency exchange Coinrail said there was a “cyber intrusion” in its system. The largest cryptocurrency declined to US$6 749 as of 2pm in New

News
Bitcoin ‘scam’ has SA police chasing billions

A unit of the South African Police Service said it’s started an investigation into an alleged cryptocurrency investment fraud that has affected more than 28 000 people and led to losses of more than R1bn. The allegations

News
Cryptos are tokens, not currency: SA Reserve Bank

South Africa’s central bank chooses to call digital currencies such as bitcoin “cyber-tokens” because they don’t meet the requirements to be classified as money. “We don’t use the term ‘cryptocurrency’ because it doesn’t

1 3 4 5 6 7 24