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Meet the 29-year-old South African unravelling the multi-billion-rand Africrypt theft

28 Jul 2021 /  Ciaran Ryan   28
Hamilton Cheong, who grew up in the Magaliesberg, is helping law enforcement authorities in several jurisdictions uncover where the money went.

Bitcoin tumbles after reaching $40 000 on Amazon speculations

27 Jul 2021 /  Joanna Ossinger and Vildana Hajric, Bloomberg   1
Rival coins including Ether and Litecoin also tumbled.

Tether executives said to face criminal probe into bank fraud

26 Jul 2021 /  Tom Schoenberg, Matt Robinson and Zeke Faux, Bloomberg   2
Criminal charges would mark one of the most significant developments in the US government’s crackdown on virtual currencies.

Bitcoin surges amid short covering, speculation over Amazon plan

26 Jul 2021 /  Bloomberg News    1
Bitcoin volatility makes a comeback, taking prices higher.

Africrypt’s Raees Cajee comes out of hiding in Tanzania to oppose liquidation

26 Jul 2021 /  Ciaran Ryan   15
Argues that Africrypt isn't insolvent, doesn't owe investors anything, and that his family was forced to flee SA due to death threats.

Bitcoin’s corporate diehards face earnings reckoning

25 Jul 2021 /  Jeran Wittenstein, Bloomberg  
After slump.

Tesla may accept bitcoin once crypto mining makes green shift

22 Jul 2021 /  Josh Saul, Bloomberg  
Tesla suspended purchases using Bitcoin in May on concerns about fossil fuel use in mining, triggering a slide in the digital currency.

Bitcoin hovers around $32 000 after boost from Musk, Ark’s Wood

22 Jul 2021 /  Eric Lam, Bloomberg  
After jumping 6.5% a day earlier.

Bitcoin extends gain after retaking closely watched $30 000 mark

21 Jul 2021 /  Eric Lam, Bloomberg  
Climbing back above the $30 000 level that some cryptocurrency traders view as a key support level.

Beware of scammers promising to recover MTI bitcoin, say liquidators

UPDATE
20 Jul 2021 /  Ciaran Ryan   3
MTI members are being contacted with fake offers to recover bitcoin.

Bitcoin declines below $30 000 for the first time in a month

20 Jul 2021 /  Vildana Hajric and Claire Ballentine, Bloomberg  
The world’s largest digital coin fell as much as 4.1% and was trading at about $29 600 as of 12:55 p.m. in Tokyo.

The narrowing crypto arbitrage gap is a ‘passing phase’

20 Jul 2021 /  Ciaran Ryan   2
Reasons cited for the dwindling gap range from the Africrypt ‘hack’ to the general slump in crypto prices.

Bitcoin resumes slide toward $30 000 as crypto confidence ebbs

19 Jul 2021 /  Vildana Hajric and Claire Ballentine, Bloomberg   1
The retreat comes amid a broader risk-off environment that’s also seen US equities fall due to fears of slowing growth and a relentless spread of the delta variant of Covid.

Crypto insiders posit bitcoin price floor around $30 000 level

16 Jul 2021 /  Joanna Ossinger, Bloomberg  
'The market at the moment seems to paying attention more to bad news than good' - JST Capital co-founder.
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