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Jack Dorsey Says Square Is Considering Making Hardware Wallet for Bitcoin

In a Twitter post today, Jack Dorsey said that Square Inc. is mulling the idea of making a hardware wallet for bitcoin (BTC).  The co-founder of Twitter and Square announced Square’s intentions to look into a BTC hardware wallet. “If we do it, we would build it entirely in the open, from software to hardware…

government | introduce

SA government to introduce policies to limit impact of third Covid-19 wave

*This content is brought to you by One Touch PropertyAll South African provinces showing a surge in infectionsTwo weeks ago, it was reported that Covid-19 cases had increased by 46 per cent, with all provinces experiencing dramatic rises. Covid-19 related deaths also rose by 18 per cent. Ministers are at odds with how to limit the impact,…

Capital’s | Corion

Corion Capital’s CIO David Bacher on asset classes and fund performances for May

Corion Capital chief investment officer David Bacher formed part of last night’s BizNews Power Hour, unpacking the firms monthly asset class and fund performance report for the month of May (attached below for ease of reference). The report is an informative summary of the best and worst performing asset classes and funds and is a…

Briefing | Flash

Flash Briefing: SA asks Interpol to bring back the Guptas; ANC lacks support for EWC; UK vaccines for SA variant

Listen on iTunes The ANC plans to change the constitution to make it easier to seize land without paying but this week hit a stumbling block, reports Bloomberg. The ANC plans to change the constitution to make it easier to seize land without paying but this week hit a stumbling block: it has failed to pin down…

makes | Prosus

Alec Hogg: Prosus makes big move to silence critics

“Prosus $1.8bn acquisition of 100m-a-month-visitor edutech business Stack Overflow may quieten the shrill voices”, says Alec Hogg.”Prosus $1.8bn acquisition of 100m-a-month-visitor edutech business Stack Overflow may quieten the shrill voices”, says Alec Hogg.This article is exclusive to Biznews Premium. Members please login here. Not yet subscribed? Taste before you eat by signing up here for a half…

Group’s | Purple

Purple Group’s Mark Barnes on selling R200m stake

Purple Group founder Mark Barnes is selling his 17.5% share in the company. Barnes unpacks the deal for BizNews, telling founder Alec Hogg that he will remain a significant investor in Purple Group.Mark Barnes on the EasyEquities deal:[EasyEquities] was brought to me by Charles Savage and his team. I became principal investor in what was…

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AK-47 Gunmaker Sets Sights on Digital Currency

Kalashnikov firearms manufacturer has expressed its desire to switch to settlements using digital currency. Digital currency continues to be a hot topic in Russia and now, one of the country’s most well-known brands is getting into the fray. While the Kalashnikov firearms company might not exactly be a household name, their most famous product, the…

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Banking and Financial Services Reignite the European Industry Region

Digital technology firms such as Backbase, SmartMessage, Abaka, and Creatio joined the foremost edition of Finnovex Europe to formulate evolutionary strategies for re-igniting the banking and Financial Services Industry (FSI) of the European Region. The Leading Summit on Financial Services Innovation and Excellence, which kicked off from May, 24 – 25, 2021 on the host’s…

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Polygon Saw 1,102% Growth in TVL, BSC TVL Recorded 50% Decrease in May

DappRadar’s latest report shines a light on a number of key areas of the decentralized finance (DeFi) sector, including the popularity spike of Polygon (MATIC) and the continued success of non-fungible tokens (NFTs).  A few general market numbers from the report include one million unique active wallets in the blockchain industry. Of those one million…