Tag: cryptocurrency

Binance CEO on COVID-19 impact & trading crypto currency in Africa

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.

How COVID-19 is reshaping the crypto industry

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.

Coronavirus updates: China reports 8 new cases, wife of Canadian PM tests positive

Global cases: At least 125,288, according to the latest figures from the World Health Organization

Over $26 billion wiped off cryptocurrency market in 24 hours after massive oil price plunge

Bitcoin, the biggest cryptocurrency by value, fell 10% in 24 hours.

Bitcoin vs Libra: Here are the key differences between the two cryptocurrencies

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 leads consortium creating Libra digital currency, launches Calibra digital wallet

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.

Cryptocurrencies shed $10 billion in an hour on worries over ‘stablecoin’ tether

The entire market shed about $10 billion in value in the space of an hour.
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