The Financial Sector Conduct Authority (FCSA) said the Africrypt scandal is beyond its jurisdiction but it is considering declaring cryptocurrency a financial product in order to protect the public. The Cajee brothers’ platform reportedly resembled a Ponzi scheme with the unrealistic returns on investment it offered.

Raees and Ameer Cajee may be at the centre of one of SA’s biggest financial scandals. The pair disappeared shortly after $3.6bn of their investors’ Bitcoin was stolen from their Africrypt exchange.

After a horrifying drop overnight, the Bitcoin value is already on the road to recovery. Here’s the latest price for Thursday 13 May.

It’s like bitcoin but with a dog. The ‘doge’ is the most important part, obviously.

The billionaire entrepreneur, followed by 44.2 million on Twitter, has a record of dropping market-moving comments on the social media platform.

(Partner Content) Bitcoin came into the picture in 2009. Back then, no one had imagined it would become such a crucial player in the financial market. Laszlo Hanyecz once paid 10,000 BTC when Bitcoin was just $0.01 to buy two boxes of pizza.

Paxful is known as the “Uber Of Bitcoin” as it has simplified bitcoin transactions like Uber has simplified taxi rides in urban areas.

PayPal will now facilitate transactions in Bitcoin.

By 2040, it is estimated that 95% of commerce transactions will happen online. With a huge chunk of Africa unbanked and failing economies that are seeing countries like Zimbabwe without their own currency, cryptocurrencies and the Blockchain may be the way to go.

Bitcoin will halve for the third time since its inception, and it is starting to act more like gold than a fiat currency.

(Partner content) Many people feel that they have missed the opportunity to buy crypto such as Bitcoin – but this is certainly not the case.

Google’s claim of quantum supremacy this past week will have had a number of people across Silicon Valley very worried. And with good reason.

Berlin police seized documents and hard drives.

SA Shares announced this week that it has partnered with the global bitcoin exchange Luno to give crypto access to thousands of its members.

Bitcoin’s price has dipped below the $8,000 area as several altcoin markets see red again. Here are your latest cryptocurrency news and prices.

Ripple, the company behind XRP has expanded it’s operations to Iceland via the acquisition of Algrim, a cryptocurrency trading firm.

Bitcoin’s price has plunged below yet another key support. As for the altcoins, the top twenty continues to see sideways trading.

Bitcoin’s price continues to see more losses while the altcoins markets endure another day in the red. Here are your latest cryptocurrency news and prices.

Bitcoin’s price has failed to hold onto signs of recovery as the crypto saw even more downwards price action yesterday as altcoin markets see red.

Bitcoin’s price has dipped below a key area at $8,500 as most altcoins are flashing green. Here are your latest cryptocurrency news and prices.

Coinbase, a reputable US-based crypto exchange has made Stellar’s Lumens (XLM) available for trading to users residing in New York.

Fold App, a lightning-powered app allows customers to spend BTC at retailers while earning bitcoin-back rewards recently raised $2.5 million in fundraising.

Bitcoin’s price has plunged by more than $1,500 while several altcoin markets see notable losses. Here are your latest cryptocurrency news and prices.

Binance’s native BNB coin’s price has plunged to a 6-month low in light of its recent launch of its USA platform, Binance.US.

Bitcoin’s price has dropped back below $9,000 and could see more downward action as the altcoin markets see notable losses on the day.