Moneyweb Crypto

Stablecoins too – and not as a sign of risk tolerance, but to mitigate the risks of fiat debasement, as 80eight macro strategist Shiven Moodley explains. Moneyweb Crypto news articles

Digital exchanges like Mesh.trade have cut trading costs to 0.2% while making it possible to buy fractions of an asset. All transactions are logged on the blockchain. Stock exchanges like the JSE are getting a run for their money, says Mesh.trade MD Connie Bloem. Moneyweb Crypto news articles

Ben Jordaan of crypto arbitrage company Shiftly notes how regulation has been a blessing and a curse for crypto arbitrage, introducing thousands of new participants while also squeezing the profits as demand increases. Moneyweb Crypto news articles

Frank Leonette, CEO of AfriDAX, delves into the imminent arrival of banks into the crypto space in SA, a surprising and ironic turnaround given their prior hostility to this new asset class. There are risks aplenty for customers, and not everyone will welcome the banks. Moneyweb Crypto news articles

Rob Price, CEO of Sound Money, takes us through some of the extraordinary leaps in quantum computing in recent months and what threat this poses to Bitcoin's cryptography – and how bitcoiners are responding. Moneyweb Crypto news articles

Jon Ovadia, CEO of OVEX, gives his predictions for bitcoin as a rush of companies concerned about financial uncertainty stack BTC on their balance sheets. He also explains how OVEX is building a world-first "neo bank" built on crypto rails. Moneyweb Crypto news articles

This could lead to a free-for-all, with crypto transfers abroad not subject to SA Reserve Bank approval – at least until the loophole is closed. Wiehann Olivier of Forvis Mazars takes us through the likely implications. Moneyweb Crypto news articles

The recent hack of crypto exchange Coinbase, where criminals working with rogue insiders managed to get access to customer information and demanded $20m to keep it quiet, is an example of how KYC can go wrong, says Shiven Moodley, macro strategist at 80eight. Moneyweb Crypto news articles

David Farelo, CEO of Currency Hub, explains how the buying and selling of cryptos between local and overseas exchanges has gone mainstream as wealth and fund managers are looking for relatively low-risk returns that outperform. Moneyweb Crypto news articles

Tether made more than $13bn in profits in 2024 with just 150 employees, more than BlackRock and on par with Goldman Sachs. Now, it is moving into open-source AI. Omer Iqbal, CEO of FiveWest, explains. Moneyweb Crypto news articles

Craig Stoehr, general counsel for Yellow Card, talks about the incredible rise of US dollar-backed stablecoins like Tether and USDC and how they offer a lifeline for Africans trapped in countries with fatally weakened local currencies. Moneyweb Crypto news articles

Sam Mkhize, head of compliance at Binance SA, explains how AI is evolving at a blistering pace, allowing scammers to clone your voice and image, and how crypto exchanges are using AI to fight back. Moneyweb Crypto news articles

Tariff wars and gold at an all-time high have rattled financial markets. This could push the rand to R22.25 to the dollar and bitcoin to $65 000, says Shiven Moodley, macro strategist at 80eight. Moneyweb Crypto news articles

Brent Petersen, chair of the Crypto Asset Association of SA, explains how new regulations piled on top of the recently completed licensing process could throttle growth for some firms just beginning to find their feet. And what we've learnt about the crypto industry in the last five years. Moneyweb Crypto news articles

Henco Vorstman, CEO of ChainEx, one of the smaller exchanges in SA, explains why investors and traders often prefer a small exchange – low fees, good arbitrage opportunities, and personal service to name a few. And how the banks remain inexplicably hostile to crypto. Moneyweb Crypto news articles

Hundreds of homebuyers are taking the banks to court for repossessing their homes and selling them for a fraction of their worth. Advocate Douglas Shaw explains how the repossession crisis in SA came about and how blockchain could solve this. Moneyweb Crypto news articles

The world’s second-largest crypto exchange, Bybit, was hit by a massive hack attack in February, where thieves from North Korea made off with nearly $1.5bn in ethereum. Carel de Jager, research group leader at the CSIR, has been on the trail of the stolen funds and tells us what he found. Moneyweb Crypto news articles

Gerhard van Deventer, head of enforcement at the Financial Sector Conduct Authority, explains how scams – not always involving crypto – are evolving by the week and how AI has made this a dangerous game for consumers. Moneyweb Crypto news articles

The poor are excluded from housing because they do not qualify for mortgages because credit approvals are based on historical data. Empowa, using the blockchain, has solved this gnarly problem and plans to build one million homes by 2030, explains CEO Glen Jordan. Moneyweb Crypto news articles

Warren Wheatley intends to follow in the footsteps of MicroStrategy's Michael Saylor by pumping cash and borrowings into bitcoin as a way to preserve shareholder value and mitigate currency risk. Moneyweb Crypto news articles

Rob Price, CIO of Sound Money, explains how bitcoin is unfairly maligned as the currency of choice for criminals. Moneyweb Crypto news articles

An Analytico survey puts Luno in the lead, as research leader Wikus Steyn explains, though that's not to say it offers the widest range of crypto or the same number of services as its peers. Christo de Wit of Luno SA also weighs in. Moneyweb Crypto news articles

While new listings on the JSE and other stock exchanges are declining, tokenised assets built on the blockchain are breathing fresh life into financial markets, explains Connie Bloem, MD of Mesh. Trade. Moneyweb Crypto news articles

Bitcoin more than doubled in price in 2024, as it did in 2023. It's no wonder fund managers are eyeing these returns with envy, says Shiven Moodley, macro strategist at 80eight. Moneyweb Crypto news articles

CEO and founder Frank Leonette explains how it differs from the existing crypto exchanges. Moneyweb Crypto news articles