South Africa

MTI CEO ordered to pay $1.7 billion in restitution for bitcoin Ponzi scheme

The founder of the bitcoin Ponzi scheme, MTI was charged with identity fraud last month in Brazil.

CryptoConvert partners with VALR and Luno to enable bitcoin payments at Pick n Pay stores

Customers of top South African retail store can easily make crypto payments through VALR and Luno.

Btrust, cofounded by Jack Dorsey and Jay Z, acquires African Bitcoin talent development firm Qala

The acquisition will see Qala rebrand as Btrust Builders with a new focus on providing training in open-source Bitcoin software development.

Egypt and Ethiopia among six countries invited to join BRICS

This is the bloc’s first expansion in 13 years.

The 2023 BRICS Summit: outlook and expectations

Here’s why the summit, scheduled for Aug. 22 to Aug. 24 in South Africa, could be significant for the global economic landscape.

CEO of the bitcoin pyramid scheme that allegedly stole 22k bitcoin jailed in Brazil

Steynberg, who had suddenly gone missing in December 2020, was arrested a year later on charges of forgery and using false ID.

Momint integrates voucher payment into blockchain wallet

Momint joins the likes of Pick n Pay, which also allows customers to pay for items using cryptocurrency.