South Africa $16M digital currency scam founder declares bankruptcy
The founder of VaultAge Solutions, a South African digital currency scam that stole $16 million from at least 2,000 investors has been declared bankrupt.
Latest South Africa News
Africa’s P2P trading reaches triple-digit growth
Sub-Saharan Africa has taken to digital currencies, with P2P platforms in Kenya, Nigeria, South Africa and Ghana posting triple-digit growth in 3 months.
Centbee exec receives Bitcoin Transactions CFO 2020 Award
Robert Graham, chief financial officer of the South Africa-based company, has been named the Best Bitcoin Transactions CFO.
VaultAge investors to file class-action lawsuit over $17M fraud
The South African scheme has been the subject of investor fury after CEO and owner Willie Breedt vanished owing millions to investors.
Digital currency scam operator flees South Africa
Investors in a South African digital currency startup fear that their last hope of recovering their money may have vanished after the founder fled the country.
AnkerPay co-founder: ‘Popular demand’ prompts BSV listing on digital wallet
Les Vorster, co-founder of AnkerPay, talks about the company’s products and its future plans for Bitcoin SV.
South Africa’s AnkerPay wallet adds support for BSV
AnkerPay wallet supports 11 digital currencies and has an in-app exchange feature that allows users to easily swap digital currencies.
Why Africa is the next frontier for digital currency
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
South Africa’s proposed laws to allow domestic digital currency payments
South African financial regulators have recommended new and stricter regulations for digital currencies, but will allow them to be used for domestic payments.
Africa’s digital currency exchanges strong as ever despite the pandemic
Africa’s digital currency exchanges have continued to register constantly high trading volume despite the COVID-19 pandemic, with some even increasing users
South African exchange iCE3 to list Bitcoin SV in May as demand rises
South Africa’s iCE3 exchange is set to list BSV in May as the demand for the digital currency surges in the continent.
Lorien Gamaroff on radicalizing Bitcoin by becoming traditional
Centbee CEO Lorien Gamaroff talks radicalizing Bitcoin by becoming more traditional. Centbee focuses on providing value to clients in a traditional way.