You Searched For "crypto scams in south africa" and got 20 results
Sort By:
2 mins read
A Hong Kong-based crypto exchange used deepfakes of Elon Musk to claim the billionaire was its lead developer
Authorities in Hong Kong put out a warning that a group claiming Elon Musk developed its crypto-tra…
Kenneth Niemeyer
2 mins read
Virat Kohli to take a break from white-ball games on South Africa tour; to be available for Tests: Report
"He (Kohli) has informed the BCCI and selectors that he needs a break from white-ball cricket …
3 mins read
South Africa’s $4 billion in crypto scams has regulators scrambling to bring in new regulations within the next three to six months
The second phase will involve coming out with investor-protection guidelines and rules for m…
1 min read
South African regulator says it's powerless over suspected $3.6 billion bitcoin scam, as crypto is out of its reach
South Africa's financial services watchdog said Africrypt, the company linked to the missing bitcoi…
Harry Robertson
1 min read
FTX promised students in Africa up to 40% commission for getting their friends to trade on the now-bankrupt crypto exchange
Failed crypto exchange FTX recruited students in Nigeria to enlist friends and classmates to trade …
Ryan Hogg
1 min read
FTX promised students in Africa up to 40% commission for getting their friends to trade on the now-bankrupt crypto exchange
Failed crypto exchange FTX recruited students in Nigeria to enlist friends and classmates to trade …
Ryan Hogg
2 mins read
Lawyers for the South African brothers who vanished with $3.6 billion of bitcoin in possibly the largest-ever crypto heist have been terminated from the case
The South-Africa based lawyers told Bloomberg their mandate to assist the brothers has been termina…
Emily Graffeo
1 min read
Crypto exchange Binance ends derivatives trading and other offerings in South Africa
Binance will cease offering futures, options, margin, and leveraged trading in South Africa. Users …
Isabelle Lee
2 mins read
Two South African brothers have vanished with $3.6 billion of bitcoin in what could be the biggest crypto heist in history
The siblings founded Africrypt in 2019. Soon after, the brothers, along with 69,000 bitcoins worth …
Isabelle Lee
1 min read
Hong Kong arrests 2 siblings for allegedly laundering nearly $50 million via crypto exchange and banks
Customs officers arrested a 28-year old woman and her 21-year-old brother in their home for launder…
Isabelle Lee
2 mins read
Australia, Malaysia, Singapore and South Africa will trial cross-border central bank digital payments
Australia, Malaysia, Singapore and South Africa have decided to jointly test multiple CBDC's that f…
Camomile Shumba
2 mins read
'Squid Game' token goes offline after skyrocketing 75,000% - and that means the 'scam' is over, CoinGecko says
A cryptocurrency inspired by "Squid Game" jumped 75,000% as buyers crowded in, but dead links to it…
Camomile Shumba
6 mins read
South Korea is open to cryptocurrencies and making an effort to regulate them, but crypto exchanges still aren't happy
South Korea’s crypto industry is undergoing one of the biggest shake-ups in history. The past four …
3 mins read
Monero’s ‘Fluffypony’ joins Ross Ulbricht and Arthur Hayes behind bars — but for a non-crypto crime
The former developer of privacy-oriented cryptocurrency Monero, Riccardo Spagni — also known online…
2 mins read
Crypto adoption in Africa has surged 1,200% over the last year, as people in some of the fastest-growing crypto economies favor digital coins to avoid bank and exchange restrictions: Chainalysis
Africa's digital assets market has grown over 1,200% in value over the last year, making the region…
Camomile Shumba
1 min read
Dogecoin has surged 24% in a month, outperforming major cryptos on Elon Musk's antics
Dogecoin added to gains on Monday, spiking 6%. Elon Musk has offered a million dogecoin to whoever …
Morgan Chittum
3 mins read
Cryptocurrencies are taking the developing world by storm, with more users now in Nigeria than in the US - 2 experts lay out how bitcoin is changing emerging-market finance
In the developing world, crypto adoption is growing at breakneck speed. From Brazil to Botswana, th…
Camomile Shumba
2 mins read
Cardano founder Charles Hoskinson discusses 'bitcoin maximalism', how DeFi needs to turn into 'real-fi' and his plans for digital transformation in Africa in a recent interview. Here are the 10 best quotes
Cardano founder Charles Hoskinson believes no one blockchain will dominate the crypto sector, but r…
Camomile Shumba
4 mins read
I tried to use a crypto ATM. Here's what happened and why I won't do it again.
I deposited $20 into the crypto ATM and later received $13.22 in bitcoin after fees. Critics of cen…
Morgan Chittum
3 mins read
Cryptocurrencies recover from last week's sell-off as traders mull the impact of a new variant, while little-known 'omicron' coin soars
Bitcoin recovered from Friday's steep sell-off, rising around 5% and lifting other cryptocurrencies…