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Sale of MTI Bitcoins in South Africa Briefly Wipes out Premium Buyers


The premium or arbitrage gap on bitcoin in South Africa recently turned negative following the offloading of coins worth over $75 million by liquidators of MTI. As a result of the temporary supply glut, buying bitcoins on local South African exchanges briefly became cheaper than buying on overseas...

Singapore Crypto Exchange Bityard to Launch Its First Global Trading Contest


PRESS RELEASE. Singapore crypto exchange Bityard will launch its first trading contest before May 2021, with up to 60,000 Tether prize pool. The contest registration for each team’s captain is now open. As mainstream cryptocurrencies such as Bitcoin and Ether have been increasing gradually...

Chat App Giant Kakao ‘Owns 23% of Crypto Exchange Operator’


The South Korean internet giant Kakao reportedly owns “around” 23% of Dunamu, the operator of the nation’s market-leading crypto exchange Upbit, per South Korean media outlets. Two of the country’s biggest financial newspapers – Maeil Kyungjae and Money Today – made mention of the company’s...

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