South Africa

South African Payment Gateway Drops BTC Over Fees and Network Congestion

South African Payment Gateway Drops BTC Over Fees and Network CongestionOn July 12, South African payment gateway service Payfast announced the company is dropping bitcoin core (BTC) payments due to network congestion and high fees. Payfast emphasized that BTC has a number of limitations and design flaws which makes it an “impractical substitute for cash.” Also read: G20 Leaders Issue Declaration on Crypto Assets – […]

The post South African Payment Gateway Drops BTC Over Fees and Network Congestion appeared first on Bitcoin News.

Mob Burns Down Purported Crypto Ponzi Schemer’s House in South Africa

A mob has burned down the house of a manager at alleged Ponzi Scheme Bitcoin Wallets

Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

Hundreds of locals who used to eagerly gather outside the Bitcoin Wallet office in Ladysmith, South Africa are now mobbing the office to demand their money back.

No, Bitcoin Isn’t Really Selling for $76,000 in Zimbabwe: Analysts

Zimbabwean and South African crypto traders are facing soaring premiums on their bitcoin

Riddell Travel Will Help You Arrange Your African Tour With BCH

Riddell Travel Will Help You Arrange Your African Tour With BCHTraveling is getting easier with the wider spread of cryptocurrencies. They can often prove more convenient than fiat money in cross-border payments, transfers and transactions. If you plan to visit the African continent, you can now use the services of a travel agency called Riddell Travel that’s willing to accept bitcoin cash for its services. […]

The post Riddell Travel Will Help You Arrange Your African Tour With BCH appeared first on Bitcoin News.

Pan-African Insurer Old Mutual Will Not Insure Mining Rigs

South African insurance company Old Mutual has refused to insure mining rigs in Africa, making it harder to protect cryptocurrency gear there.

Huobi Cloud Aims for 80 More Exchange Partners in Bid for Revenue Growth

The Huobi Cloud network of crypto exchanges wants to facilitate $55 million in daily volume by 2020.

P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela

P2P Markets: Russian Localbitcoins Trade Outpaces VenezuelaDuring the week of March 2, roughly 14,365 BTC changed hands via peer-to-peer (P2P) exchange Localbitcoins, equating to approximately $51.51 million worth of trade. Of that, 3,593 was BTC traded via the Russian markets, 83 percent more volume than was produced by Localbitcoins’ second-largest market, Venezuela. Also Read: Turkish Real Estate Agency Sells 9 Houses […]

The post P2P Markets: Russian Localbitcoins Trade Outpaces Venezuela appeared first on Bitcoin News.

Bittrex Leads $1.5 Million Round for South African Crypto Exchange VALR

South Africa's VALR exchange is launching March 1, expanding bitcoin access across the continent.

South Africa’s Standard Bank to Launch Permissioned Blockchain for Overseas Exchange Services

The Standard Bank of South Africa has announced the upcoming launch of its private permissioned blockchain for overseas exchange trades

Pages

Subscribe to RSS - South Africa