Moneyweb Crypto

Kenya-based Gridless Compute is a bitcoin miner with six sites in four countries. Now it's going into power generation, bringing electricity to the most stranded parts of Africa. Moneyweb Crypto news articles

Bitget, one of the world's largest crypto exchanges, is making a noisy entrance into the SA market with products such as credit cards linked to your crypto wallet and tokensied shares, explains head of growth for Africa, Callan Richardson. Moneyweb Crypto news articles

Stablecoins too – and not as a sign of risk tolerance, but to mitigate the risks of fiat debasement, as 80eight macro strategist Shiven Moodley explains. Moneyweb Crypto news articles

Digital exchanges like Mesh.trade have cut trading costs to 0.2% while making it possible to buy fractions of an asset. All transactions are logged on the blockchain. Stock exchanges like the JSE are getting a run for their money, says Mesh.trade MD Connie Bloem. Moneyweb Crypto news articles

Ben Jordaan of crypto arbitrage company Shiftly notes how regulation has been a blessing and a curse for crypto arbitrage, introducing thousands of new participants while also squeezing the profits as demand increases. Moneyweb Crypto news articles

Frank Leonette, CEO of AfriDAX, delves into the imminent arrival of banks into the crypto space in SA, a surprising and ironic turnaround given their prior hostility to this new asset class. There are risks aplenty for customers, and not everyone will welcome the banks. Moneyweb Crypto news articles

Rob Price, CEO of Sound Money, takes us through some of the extraordinary leaps in quantum computing in recent months and what threat this poses to Bitcoin's cryptography – and how bitcoiners are responding. Moneyweb Crypto news articles

Jon Ovadia, CEO of OVEX, gives his predictions for bitcoin as a rush of companies concerned about financial uncertainty stack BTC on their balance sheets. He also explains how OVEX is building a world-first "neo bank" built on crypto rails. Moneyweb Crypto news articles

This could lead to a free-for-all, with crypto transfers abroad not subject to SA Reserve Bank approval – at least until the loophole is closed. Wiehann Olivier of Forvis Mazars takes us through the likely implications. Moneyweb Crypto news articles

The recent hack of crypto exchange Coinbase, where criminals working with rogue insiders managed to get access to customer information and demanded $20m to keep it quiet, is an example of how KYC can go wrong, says Shiven Moodley, macro strategist at 80eight. Moneyweb Crypto news articles