blockchain - eriinfo

Blockchain booms in Africa as use cases multiply

eriinfo.com2 weeks ago08 mins

Blockchain technology is maturing on the African continent as use cases beyond cryptocurrency gain traction – in areas such as digital identity, payments, agriculture and data management. This is according to the Africa Blockchain Report 2024, compiled by Absa Corporate and Investment Banking (CIB) in collaboration with Crypto Valley Venture Capital (CV VC). According Brenton…

Burning millions on the blockchain: how hackers used bitcoin to send a message

eriinfo.com1 month ago09 mins

On 18 June, something remarkable happened on the bitcoin blockchain. A series of 2 087 transactions totalling nearly 18.5 bitcoin, worth close to US$2-million (R35.5-million), was sent to a single address: 1FuckiRGCTerroristsNoBiTEXXXaAovLX. The message embedded in that address left little to interpretation. It was a public and permanent insult aimed at Nobitex, Iran’s largest cryptocurrency…