Tag Archives: Digital currencies

26Sep/22

South African teens skip school to chase risky crypto dreams

  • Young South Africans see crypto as way to quick wealth
  • Poverty, high unemployment pushes them to crypto
  • Users not fully aware of risks, vulnerable to scams

By Kimberly Mutandiro

JOHANNESBURG, Sept 26 (Thomson Reuters Foundation) – John first heard of cryptocurrency three years ago, when the teenager came across slick YouTube videos and Facebook posts of other South Africans claiming to have become wealthy overnight with bitcoin.
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23Aug/22

Interview With Bitstamp CEO Jean-Baptiste Graftieaux: ‘Massive Crypto Interest From Our Institutional Clients’

Bitstamp is one of the oldest, if not the oldest, and most reputable of exchanges in the crypto space, having been founded in 2011. Indeed, Monday 22 August was the firm’s 11th birthday.

So what better time for Bitstamp to launch a marketing drive aimed at retail investors and the Q2 update of its Crypto Pulse Survey 2022, which will be released in full at the end of the month. Continue reading

19Jul/22

Africans turn to crypto as charity funding dwindles

  • Fundraising via crypto, NFTs grows amid funding downturn
  • Advocates say crypto donations faster, easier to access
  • Challenges include internet, power access and gender gap

By Kagondu Njagi

NAIROBI, July 19 (Thomson Reuters Foundation) – A sculpture of a giant tap spewing plastic waste greeted delegates at U.N. environment talks in Kenya earlier this year – a reminder of the urgent need for them to agree a global pact to curb plastic pollution.

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