South Korean cryptocurrency exchange Bithumb said at the weekend that it had accidentally given away more than US$40-billion worth of bitcoin to customers as promotional rewards, triggering a sharp selloff on the exchange. Bithumb apologised for the mistake, which took place on Friday, and said it had recovered 99.7% of the 620 000 bitcoin, worth about…
Bitcoin was on the cusp of breaking below the key US$70 000 level on Thursday as a slide in the world’s largest cryptocurrency showed no signs of stopping. Bitcoin fell 2% in early European trade, having dropped as much as 3.5% earlier during the Asian session to $70 052.38, its lowest level since November 2024. Ether, meanwhile,…
Global markets retreated on Friday as a stock rout on Wall Street went global, with volatility gripping precious metals and cryptocurrencies while AI fears weighed on equities. The MSCI All-Country World Index rallied off intra-session lows to trade flat, but the benchmark was still on track for its worst weekly performance since mid-November, with a…
The world’s most popular cryptocurrency has lost about one-third of its value since the start of the year. Published On 6 Feb 20266 Feb 2026 Click here to share on social media share2 Share Bitcoin has fallen sharply, racking up more losses after a tumultuous week for the world’s most popular cryptocurrency. The digital currency…
Larry Cooke, legal counsel for Binance Africa. Crypto-currency exchange Binance has seen rapid customer growth in South Africa, since its local inception eight years ago, as more South Africans adopt crypto-currency. The online digital wallet service − through which crypto-currencies can be traded, bought and sold − says it has witnessed local customer numbers rising…
The author, Luno’s Marius Reitz By the end of 2025, it had become clear, even to the most hardened sceptics, that digital assets, cryptocurrencies and blockchain technology were no longer on the fringe of the traditional finance system but rather embedded in global finance, investment markets and payment systems. The real question for 2026 is…
UAE National Security Advisor, Sheikh Tahnoon bin Zayed Al Nahyan meets with U.S. President Donald Trump in the White House on March 18, 2025. Courtesy: Donald J. Trump | Via Truth Social A government official and top royal from the United Arab Emirates purchased a $500 million stake in the Trump family’s cryptocurrency venture last…
Binance South Africa’s Hannes Wessels Regulatory advances in 2025 have laid the foundation for the growth of cryptocurrencies, with their use in domestic payments and cross-border remittances expected to surge this year. “Last year marked a turning point for crypto in [South Africa and the rest of] Africa, shifting from retail‑led speculation and towards institutional…
Binance South Africa GM Hannes Wessels The crypto world moves much more quickly than most people realise. At this speed, there’s plenty of opportunity, but plenty of danger, too. For Binance, the way forward is simple: education before action, because nothing in crypto works, not trading, adoption or safety, unless users understand what they are…
2025’s global regulatory strides created a foundation for deeper integration of crypto and traditional finance. South Africa and several major global markets rolled out extensive crypto-currency regulatory reforms in 2025, marking a shift toward tighter oversight and deeper institutional participation in digital assets. Local exchanges interviewed by ITWeb say the combined momentum reshaped the regulatory…
