BTC wallets of liquidated South Africa exchange iCE3 have $3.3M discrepancy: report
iCE3 went into liquidation in April, but according to a new report, there’s a discrepancy of 54 BTC, worth $3.3 million, as well as other digital currencies.
Latest South Africa News
Binance wants to set up HQs in Ireland, halts derivatives trading in South Africa
Binance is looking to open headquarters in Ireland after registering three firms there, but in South Africa, it’s been forced to drop derivative products.
Centbee now allows users to shop at major retail outlets
Centbee has unveiled a new ‘shop’ feature that supports payments at major outlets, from Walmart to Amazon, further giving users more BSV payment options.
Joint CBDC pilot unites Australia, Singapore, Malaysia and South Africa
The reserve banks in each country have teamed up to trial a new platform for enabling cross-border transfers denominated in a central bank digital currency.
Binance regulatory walls getting higher: Exchange halts Singapore products as South Africa issues fresh warning
Singapore has prohibited the cryptocurrency exchange from offering payment services in the country, while South Africa has issued a warning against Binance.
Bitcoin not a currency? South African central bank governor thinks so
The governor of the South African Reserve Bank claimed digital currencies don’t meet the 3 criteria that define a currency as he advocated for regulations.
South African man loses $1M BTC fortune after losing private keys
The man mined the BTC a decade ago when it was still just worth cents, accumulating 20 BTC, but since there was no one to sell to, he forgot about his fortune.
Monero’s Riccardo Spagni denied bail in fraud case
Spagni has not been convicted of anything yet, but he stands accused of defrauding his former employer, Cape Cookies, out of R1.4 million, or just shy of US$100,000, over the course of two years.
Mirror Trading International: US enforcement agencies join probe into South Africa scam
The FBI is reported to be teaming up with liquidators managing the assets of Mirror Trading International, acting on behalf of U.S.-based investors who have been left short in the collapse of the exchange.
Monero lead maintainer arrested in US over alleged fraud in South Africa
Riccardo Paolo Spagni, better known as Fluffypony, is alleged to have committed corporate fraud while working for a South African tech company back in 2009.
Africypt BTC scam: South Africa regulators, banks and exchanges play blame game
Africrypt was a digital currency investment company targeting the rich and celebrities, until founders Raees and Ameer Cajee claimed earlier this year to be hacked and lost all the investors’ money.
8,000 BTC from South Africa’s Mirror Trading International scam recovered: report
Mirror Trading International grabbed headlines after it allegedly scammed 280,000 investors by posing as a multi-level marketing scheme, promising get-rich-quick returns for the investors.