Newsletter 21: The Binance Hack | Spotting A Bull | The Facebook Coin
SA Crypto10 Mai 2019

Newsletter 21: The Binance Hack | Spotting A Bull | The Facebook Coin

The Binance Hack

This week’s world-shaking news, of course, centres around the Binance Hack. 7070 BTC

was withdrawn, amounting to more than $40 million during a complex hack that involved

stealing 2-factor authentication codes and API keys. During a live Twitter AMA, Binance

CEO, Changpeng Zhao, addressed the increasingly concerned crypto community, and

assured everyone that emergency measures were in place.

CoinTelegraph featured this story https://cointelegraph.com/news/binance-ceo-addresses-

concerns-live-after-40-mln-btc-hack-rejects-blockchain-reorg-idea

BTC Busts Out

Hacks aside, it’s been a great week for BTC, as bullish developments led it towards breaking

that famed $6000 threshold. And, as of Thursday this week, that beautiful moment we’ve all

been waiting for happened.

Techcentral has more on this bull of a story

https://techcentral.co.za/bitcoin-soars-above-6-000/89420/

Could Facebook Coin Be The Catalyst For Mass Adoption?

If crypto adoption rates are soaring, imagine just how much more they will, when Facebook

Coin hits our newsfeeds? Spencer Bogart, General Partner at Blockchain Capital, in a

recent with Bloomberg, called Facebook Coin a “potential gateway drug” that ushers

in new entrants to the cryptocurrency space.

Read More on Coingape

https://coingape.com/facebook-coin-gateway-drug-cryptocurrency-bitcoin/

What Else Is Happening:


● Fidelity is set to launch its own crypto trading service

https://www.newsbtc.com/2019/05/06/institutions-inbound-fidelity-set-to-

launch-crypto-trading-service-as-interest-in-markets-flourishes/

● Bitfinex might be in trouble, as revealed in massive net outflow during last

month https://www.newsbtc.com/2019/05/08/trouble-bitfinex-posts-record-

high-net-bitcoin-withdrawals-in-april-2019/

● A new survey has revealed that nearly half of institutional investors feel

confident about owning digital assets

https://www.bloomberg.com/news/articles/2019-05-02/fidelity-survey-finds-

institutional-investors-are-eyeing-crypto


Featured Tweet:

We were lucky enough to nab an interview with the incredible Alakanani (@bitcoinlady)

during Blockchain Africa 2019. And, we were extremely excited this week to spot this news:

that her Satoshi Centre website has been redesigned! May this Botswana-based bitcoin

community centre grow from strength to strength!

Denne episoden er hentet fra en åpen RSS-feed og er ikke publisert av Podme. Den kan derfor inneholde annonser.

Episoder(119)

Farzam Ehsani announces VALR's $50m raise!

Farzam Ehsani announces VALR's $50m raise!

A short voice note from the CEO of VALR, exclusively speaking to SA/Global Crypto regarding their significant $50 million Series B funding round, the largest ever funding round in African crypto.

1 Mar 202256s

Richard de Sousa Talks About Ferris Cars Selling a Ferrari for Bitcoin

Richard de Sousa Talks About Ferris Cars Selling a Ferrari for Bitcoin

Ferris Cars in Gauteng, South Africa recently held a high profile event whereby a client purchased a Ferrari for 2.3 BTC. AltcoinTrader were instrumental in helping Ferris Cars accept Bitcoin as paym...

19 Apr 20214min

AltCoinTrader To Slash Fees And List DOT, PLUS Offer Crypto Loans

AltCoinTrader To Slash Fees And List DOT, PLUS Offer Crypto Loans

In huge news for South Africa's crypto industry, AltCoinTrader have announced that they will slash their trading fees by over a third from 0.375% down to 0.1% - but in addition, will also be listing P...

25 Mar 20219min

RSA Exchanges Comment On FSCA Making Crypto A Financial Product

RSA Exchanges Comment On FSCA Making Crypto A Financial Product

South Africa's Financial Sector Conduct Authority (FSCA) released a statement today that they intend to declare cryptoassets "financial products" in early 2021. The declaration would come under South ...

20 Nov 20204min

Analysis #52: Bitcoin and ETH Now Looking Super Bullish! But Short-Term Pull Back?

Analysis #52: Bitcoin and ETH Now Looking Super Bullish! But Short-Term Pull Back?

Sponsored by *My BINANCE Class* ! Earn up to R8500 just for doing your own crypto webinar! Apply here: https://globalcrypto.tv/become-a-binance-tutor-and-earn/ // IN THIS EDITION we look at the rece...

28 Okt 202014min

Richard de Sousa Takes On ABSA In David and Goliath Battle

Richard de Sousa Takes On ABSA In David and Goliath Battle

As reported here: https://globalcrypto.tv/south-africas-altcointrader-opposes-absa-in-court-interdict/ Global Crypto has learned of a developing David and Goliath scenario in the South African crypto ...

10 Sep 20202min

Farzam Ehsani, VALR CEO, talks about the investment from 100x (BitMEX Holding group)

Farzam Ehsani, VALR CEO, talks about the investment from 100x (BitMEX Holding group)

In case you haven't heard, VALR have just announced a Series A funding round whereby they raised $3.4 million. And part of that Series A was made up of the 100x Group, who are the holding company of B...

21 Jul 202018min

📊 Mkt Analysis E43: Raoul Pal on the Show & Graeme Looks Bullish

📊 Mkt Analysis E43: Raoul Pal on the Show & Graeme Looks Bullish

We have a BIG announcement to make! We have a huge show we're launching on Monday 11 May: The Global Crypto Podcast with Luno. In today's show, we feature one of our guests from that Podcast, Macro Ec...

8 Mai 202017min

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