SABC Digital News
Rank: 883 / 1843
3 selected videos
#BizPrime NUMBER OF THE DAY: $13 499
The number of the day is nearly 13 and a half thousand dollars.
Which doesn't buy you much in Zimbabwe after the armed forces seized power. Today this would have bought you one bitcoin on Zimbabwe's Golix exchange after prices jumped by 10 percent.
Now if you looked at our number yesterday bitcoin globally was only trading at just above 6000 dollars. So that means the rate for a bitcoin in Zimbabwe is almost double the rate at which it trades in international markets. That's because there's...
Related topics : bitcoins dollars exchange rate / today bitcoin rate in dollars / bitcoin price exchange rate / bitcoin trading rate
First bitcoin ATM introduced in Hong Kong
A bitcoin exchange platform company has introduced the first bitcoin ATM in Hong Kong. Bitcoins or virtual currencies have been gaining in popularity worldwide recently, but they are not governed by any financial regulator.
Related topics : virtual currency exchange bitcoin
New virtual currency called Funk launched in S.A
A new virtual currency called Funk was recently launched in South Africa. It's similar to bitcoin which was introduced in 2009. The launch comes amid warnings from the Reserve Bank that virtual currencies can be open to abuse because it is unregulated.
Related topics : virtual currency bitcoin / virtual currency
3 Resources