Crypto
Ethereum crypto overhaul targets environmental impact
The world's second biggest cryptocurrency after bitcoin, ethereum, will soon overhaul its blockchain technology to curb the network's much-criticised environmental impact. "The ethereum blockchain is the base layer infrastructure of the majority of the whole crypto ecosystem," summarised Lennart Ante, CEO and co-founder of the Blockchain Research Lab.
Has blockchain found a use beyond crypto trading?
The bitcoin boom spawned new billionaires and videos of beach parties and Lamborghinis. Bitcoin was the first cryptocurrency.
Crypto clients beg for their cash back after lender's crash
An Irishman at risk of losing his farm. "Obviously I feel sorry for anyone who loses an investment like this, but it is just something where they need to be aware of the risks," he said. jm/des
Central African Republic dives into crypto with the Sango
Undeterred by the turmoil hitting crypto, the Central African Republic (CAR) -- one of the poorest and most troubled countries in the world -- has unveiled plans to launch its own digital currency. On April 27, Touadera's office abruptly announced that the CAR had adopted Bitcoin as legal tender alongside the CFA franc, a currency the country shares with five other central African economies.
Bitcoin plunges below $20,000
Bitcoin plunged below $20,000 on Saturday, shedding nine percent from the previous day to fall to $18,740, its lowest level since December 13, 2020. After sinking to $18,740 on Saturday, Bitcoin rose to $18,941 at 1550 GMT, down eight percent from Friday.
SARS' use of 3rd party data paying off, machine learning used to find tax evaders
The South African Revenue Service has been able to find tax evaders by accessing information from third party data sources both locally and internationally.
SARS wants to tax cryptocurrencies, considers moving forward with audits on investors
The South African Revenue Service will tax cryptocurrency profits and have published regulations online with guidelines for how taxation will be applied in SA.
Sandile Shezi: Bitcoin trader in police custody, scammed investors of over R1 million
Sandile Shezi, the self-proclaimed millionaire bitcoin handed himself in to the police and is scheduled to appear at the Randburg Magistrate's court on Thursday
Sandile Shezi: Bitcoin trader wanted for defrauding Investors of more than 1 million
29-year-old Sandile Shezi has been issued with an arrest warrant by the South Police Services for allegedly scamming two men of more than one million rand.
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