Bitcoin
Fresh Alarm Bells for Crypto Market as Bitcoin Soars to the Top
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Top 10 Types of Cryptocurrency You Ought to Know
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Stand a Chance to Win $5000 at Remitano’s “Tournament of Diamond Hands”
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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...
Bitcoin Surges Above $50,000 for First Time Since May
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Is the Anonymous Creator of Bitcoin Communicating Through Music?
As the legend goes, Bitcoin founder Satoshi Nakamoto vanished from the Internet and was never heard from again in April 2011, now over a decade ago. However, there’s no doubt the world is more eager to hear from him than ever before. Today Bitcoin trades over $45,000, Tesla has the crypto on its balance sheet, and AMC Theaters recently announced they’re aiming to accept it as currency by the end of this year. Maybe it’s wishful thinking, but we have to at least explore the possibility that Nakamoto is communicating to us another way: via music. An EP titled Bitcoin, released in February 2021 has gained some buzz due to the fact that the artist credited with the recordings is the elusive Bitcoin founder himself. Interestingly, Bitcoin is a lo-fi album...
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...
Megan Thee Stallion Teams Up With Cash App To Break Down Cryptocurrency In Her “Bitcoin For Hotties” Financial Education Video Series
HipHopWired Featured Video Source: Cash App / Megan Thee Stallion Are you still confused about Bitcoin and the whole cryptocurrency wave? Don’t worry, Megan Thee Stallion is here to break it all down for you. Back in June, the Houston Rapper teamed up with Cash App for her “Investment For Hotties” series, where she first announced she would help her loyal fans get in the stock market game by giving away $1 million worth of stock. Thee Stallion is back, but this time she is talking cryptocurrency and is breaking it all down in the next installment of her Cash App series, “Bitcoin For Hotties.” In the roughly 2-minute video, Megan Thee Stallion uses her signature hot girl swag to explain the in some ways simple but still at times very complicated world of cryptocurrency, how it works, why it...
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...
UK police seize $249.5 million worth of cryptocurrency
The British police on Tuesday said they have seized £180 million ($249.5 million) of an undisclosed cryptocurrency, as part of a money laundering investigation launched against organised crime groups that moved into cryptocurrencies in order to clean their money. The latest seizure happened in less than three weeks after the London police made a £114 million haul on June 24 as part of its money laundering investigation. By this, a cryptocurrency payload totalling £294 million ($408 million) has been reportedly seized so far under the money laundering investigation. “While cash still remains king in the criminal world, as digital platforms develop we’re increasingly seeing organised criminals using cryptocurrency to launder their dirty money,” Reuters quoted Graham McNulty, a metropolitan P...
Can I Still Trade Bitcoin in South Africa Despite SARS Clampdown?
/* custom css */ .tdi_4_78e.td-a-rec-img{ text-align: left; }.tdi_4_78e.td-a-rec-img img{ margin: 0 auto 0 0; } South Africa is one of the countries where the growth, adoption, and use of bitcoin and other cryptocurrencies continue to move at a fast pace. People are looking for how to buy bitcoin now more than ever. However, a lot of crypto traders are facing pressure from the South Africa Revenue Service (SARS) regarding their cryptocurrency investments. This has raised a lot of panic in the South Africa crypto community. Since the main purpose of digital assets is to encourage anonymous P2P transactions anywhere around the globe, they are used by some as a tool to bypass tax. To curtail this, SARS has joined a number of tax bodies around the world in monitoring profits made by crypto tra...
