Binance, a blockchain ecosystem, has recently allowed South African bank account holders to directly trade cryptocurrencies using the rand value on its platform and is allowing other African countries to also explore and advance the use of technology in the world on cryptocurrency. The Founder and CEO of Binance, Changpeng Zhao joins CNBC Africa for more.
As we approach the fourth industrial revolution, Blockchain has been identified to have the potential to disrupt existing economic and business models. Despite this, unexpected patterns among the cryptocurrency traders have been sparked by the COVID-19 pandemic. Norbert Haguma, CEO AfricaGen spoke to CNBC Africa on how the pandemic is reshaping the crypto industry.
Global cases: At least 125,288, according to the latest figures from the World Health Organization
Bitcoin, the biggest cryptocurrency by value, fell 10% in 24 hours.
Facebook's Libra has inevitably been compared to popular cryptocurrencies like bitcoin. However, many experts question whether Libra can even be called a cryptocurrency.
Billionaire Mark Cuban calls Facebook’s digital coin Libra a ‘big mistake,’ saying it ‘could be dangerous’
Billionaire tech entrepreneur Mark Cuban criticized Facebook’s venture into cryptocurrency in a new CNBC interview.
Facebook is unveiling an ambitious plan to create a new digital currency and financial system to transform the way money moves around the world, and not just on its own apps.