
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.
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.
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.
Robert Graham, chief financial officer of the South Africa-based company, has been named the Best Bitcoin Transactions CFO.
The South African scheme has been the subject of investor fury after CEO and owner Willie Breedt vanished owing millions to investors.
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.
Les Vorster, co-founder of AnkerPay, talks about the company’s products and its future plans for Bitcoin SV.
AnkerPay wallet supports 11 digital currencies and has an in-app exchange feature that allows users to easily swap digital currencies.
A new report by Luno and Arcane Research has delved into the African digital currency market, acknowledging the opportunities and analyzing the challenges.
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 have continued to register constantly high trading volume despite the COVID-19 pandemic, with some even increasing users
South Africa’s iCE3 exchange is set to list BSV in May as the demand for the digital currency surges in the continent.
Centbee CEO Lorien Gamaroff talks radicalizing Bitcoin by becoming more traditional. Centbee focuses on providing value to clients in a traditional way.