bitcoin news
Bitcoin – What Happens Next?
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A beginner’s guide: 3 questions to ask yourself before buying crypto
Are you still unfamiliar with cryptocurrency, and has your curiosity finally caught up with you? The world of crypto is vast and full of terms and practices that might prove a challenge to any beginner in the growing industry that’s crypto investing. But while that can be the case, it does not mean that it is impossible to dive in – or go on to succeed at it. If you’re willing to do the extensive research needed to invest responsibly and ask yourself some important questions, you are good to go. This brief guide provides three key questions that you need to answer before you embark on your investment adventure. Are you willing to risk financial losses? One of the most important things to know about crypto is that they’re an extremely volatile investment. In a matter of days, an otherwise p...
Fresh Alarm Bells for Crypto Market as Bitcoin Soars to the Top
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit “Cookie Settings” to provide a controlled consent. You Deserve to Make Money Even When you are looking for Dates Online. So we reimagined what a dating should be. It begins with giving you back power. Get to meet Beautiful people, chat and make money in the process. Earn rewards by chatting, sharing photos, blogging and help give users back their fair share of Internet revenue.
Over 1,500 Malicious Resources Are Targeting Potential Crypto Investors in Africa
Image sourced from Shutterstock. Globally, cryptocurrency mining malware wreaked havoc in 2018, infecting more than five million people in the first three quarters of that year. Recent Kaspersky’s research shows that in some African countries, the threat of malicious crypto miners remains prevalent. Currently, in South Africa, the share of all users targeted by malicious crypto miners in H1 2021 was 0.60%. In Kenya, the share of all users targeted was 0.85% and in Nigeria, 0.71%. “Although these percentages may be interpreted as low and may not seem significant to users, crypto-miner malware has been identified as one of the top 3 malware families rife in South Africa, Kenya and Nigeria at present,” says Bethwel Opil, Enterprise Sales Manager at Kaspersky in Africa. Kaspersky believes thes...
South African Property Firm First to Accept Crypto for Rental Deposits
Image sourced from Bitcoinist. Quorum Holdings, an affordable residential and student housing specialist is the first property firm in South Africa to accept rental deposits in cryptocurrency tokens and to allow prospective tenants to potentially benefit from an increase in value. While rental deposits are standard practice in South Africa, tenants do not usually benefit from the money being held by their landlords, and deposits can be held for several years, depending on the lease. Quorum says that it has a growing portfolio expected to reach around 3,000 residential units in Johannesburg over the medium term and another 5,000 beds in student accommodation through a subsidiary Urban Circle, the business owns and manages a portfolio of properties. Saul Mayers, Group Legal of Quorum Holding...
Cryptocurrency and Cybercrime: 3 Insights You Need to Know
Image sourced from Shutterstock. Criminals have kept pace with changing technologies by no longer wanting their crimes to generate hard cash – bitcoin has become the currency of choice. That’s particularly true for cybercrime, where ransomware is booming as criminals infiltrate organisations’ IT systems and threaten to publish or destroy crucial data unless a ransom is paid in Bitcoin. Here are 3 insights you need to know about the links between cybercrime and cryptocurrency: 1. Cryptocurrency is Fuelling Cybercrime Ransomware payments have become so huge that attacks are mounting daily. A recent high-profile case was an attack on the US Colonial Pipeline, causing the system that carries 2.5 million barrels of oil a day to be shut off. It’s become such a lucrative business that some syndic...
Bitcoin could Rank as the 8th Largest Bank Globally, Research Says
If Bitcoin were a bank, it would rank as the eighth largest bank globally with a market cap of $169.01 billion, according to data gathered by Buy Shares. Bitcoin continues to lead the cryptocurrency sector towards mainstream adoption on a global scale by directly competing with traditional players like banks. The asset’s high cap correlates with its impressive 27.18% ROI on a Year-to-Date basis. Bitcoin beats traditional markets in ROI From the data, JP Morgan Chase’s cap of $433.5 billion, makes it the biggest bank in the world. Bitcoin would also rank lower than the Bank of America with a market cap of $306 billion. /* custom css */ .tdi_3_52f.td-a-rec-img{ text-align: left; }.tdi_3_52f.td-a-rec-img img{ margin: 0 auto 0 0; } ICBC ranks third with a capitalization of $290.9 billion follo...
The Value of Digital Currencies During the Age of COVID-19
Sourced from Hacker Noon. “Money is no longer the commodity it was a decade ago. How we acquire money is changing, and so is the form of money,” writes John Lombela, MD of African investment and tech company Cryptovecs Capital. He says that with the changing business landscape and the digital evolution, the only way one can define their digital future is by becoming familiar and looking at new digital assets especially if they are seeking funding for their business. “Gone are the days of depending on a bank loan or family and friends investing in your business. Entrepreneurs and those seeking funding can now consider cryptocurrency lending because it offers high yielding gains through margin trading on specific exchanges by lending cryptocurrencies,” Lombela continues. This move has result...
Bitcoin is Part of Mainstream Finance, says deVere CEO
Sourced from Ethereum World News. Bitcoin’s historic halving event on Monday underscores that the “long-term future of cryptocurrencies is secure”, says the CEO and founder of one of the world’s largest independent financial advisory organisations. The comments from deVere Group’s Nigel Green come as the world’s supply of Bitcoin was forever slashed. The highly anticipated halving event, occurring only every four years, means that less and less Bitcoin – which is limited to 21 million units – will now be mined. Monday’s was only the third ever halving. In 2012, the number of new Bitcoins issued every 10 minutes fell from 50 to 25. In 2016, it went down from 25 to 12.5. Now, in the 2020 halving, it will drop from 12.5 to 6.25. Nigel Green says that the “Bitcoin halving event has demonstrate...
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