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Bitcoin is up 370% in 12 months

MONEYWEB Bitcoin is up 370% in 12 months So the security of your crypto provider is more important than ever. It’s time to ask some searching questions about crypto exchange security. 00:06  Bitcoin isn’t the only crypto asset holders should be taking care to protect. Image: Chris Ratcliffe, Bloomberg Many crypto assets have increased in price substantially in the last 12 months. Bitcoin alone is up over 300%. As the value of many crypto assets is climbing, they account for a la...
South Africa South African South Africans Johannes Steynberg Farzam Ehsani Faruk Fatih Ozer

Cryptocurrencies for Beginners

MONEYWEB app instead? 26 Apr 2021  Cryptocurrencies have become one of the world’s largest investment phenomena in recent times. Although the digital asset class has taken off favourably, uncertainty remains for many new investors. This webinar is aimed at crypto newbies, to help give you a better understanding of what a cryptocurrency is, the various types that exist, how it works and where its future lies. Join Moneyweb’s Ciaran Ryan with the CEO and Co-founder of Revix Sean Sander...
Nairobi Area United States South Africa San Francisco Moneyweb Ciaran Ryan Farzam Ehsani

Clients fear losses as local crypto exchange iCE3 faces liquidation

Clients fear losses as local crypto exchange iCE3 faces liquidation Crypto exchange iCE3 posted an announcement on Monday that it had been “advised to initiate liquidation proceedings” after suspending all trading on the exchange in March following the discovery of account discrepancies. It has also suspended the withdrawal of client funds. This comes just a week after informing clients that it would process withdrawal requests for all cryptos and rands, with the exception of bitcoin and li...
South Africa South African Gareth Grobler Farzam Ehsani

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South African firms start investing their cash in bitcoin

South African firms start investing their cash in bitcoin It’s certainly not at the same scale as a Tesla or a MicroStrategy, but some privately held South African firms have started converting a portion of their cash holdings into cryptocurrencies like bitcoin. Industry players expect the trend to accelerate — and quickly. One of the first — if not the very first — South African companies to take the plunge is open-source software specialist LSD Open, which has bought R2-million ...
South Africa South African Elon Musk Farzam Ehsani Stefan Lesicnik Sean Sanders

As cryptos shoot for the stars, consider rand cost averaging

MONEYWEB LIVESTREAM As cryptos shoot for the stars, consider rand cost averaging Investing a regular amount in crypto each month is a proven way to grow your account over time. 10:55  The main advantage of rand cost averaging is that you don’t have to worry about trying to time the market. Image: Chris Ratcliffe, Bloomberg This may be a frightening time for anyone considering getting involved in cryptos for the first time. Bitcoin appears headed for $60 000 (R887 000) after crack...
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