South Africa

German Regulator Orders ‘KaratGold Coin’ Issuer to Cease Operations

The hammer is coming down again on the Karatbars ecosystem as German and South African regulators have taken separate actions…

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BRICS Nations Discuss Creation of New Crypto For Unified Payment System

According to one official in attendance, members of international association BRICS discussed the creation of a new cryptocurrency at a…

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Johannesburg Authorities Refuse to Pay Hackers’ Bitcoin Ransom

Authorities in Johannesburg are holding firm in their refusal to pay a ransom of 4 Bitcoin to hackers who targeted…

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Hackers Breach Johannesburg’s Civil Website Demanding BTC Ransom

Hackers have compromised the website of the city of Johannesburg, South Africa, and demanded ransom in Bitcoins (BTC). The city…

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Bitcoin a ‘Gift’ That Will Change Humanity

Computer scientist and general manager of WeWork South Africa, Stafford Masie, has said that Bitcoin (BTC) will change the future…

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South Africa: The Next Frontier for Crypto Exchanges

Africa is set to be the next battleground for major crypto asset exchanges, as the conditions on the continent are…

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Mob Burns Down Purported Crypto Ponzi Schemer’s House in South Africa

An angry mob in Ladysmith, South Africa has reportedly torched the residence of Sphelele Mbatha, known as Sgumza, a manager…

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Crypto Ponzi Scheme Says It Has ‘No Cash to Pay out’ to Upset Investors

Bitcoin Wallet, a lucrative South African “investment scheme,” used to attract hundreds of investors a day, many of whom clamored…

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