Crypto contagion fears spread after Celsius Network freezes withdrawals - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets.

“It’s all a house of cards.” Celsius CEO Alex Mashinsky and Celsius did not respond to Reuters requests for comment. Crypto markets have dived in the past few weeks as rising interest rates and surging inflation prompted investors to ditch riskier assets across financial markets. Cryptocurrency investors have also been rattled by the collapse of the terra USD and luna tokens in May which was shortly followed by Tether, the world’s largest stable coin, briefly breaking its 1:1 peg with the dollar.

Celsius’s token has fallen about 97% in the last 12 months, from $7 to around 20 cents, based on Coin Gecko data.Crypto lending products have surged in popularity and many companies have launched offerings within the last year.

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Russia opens rebranded McDonald's restaurants - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.It might look and smell like McDonald’s but now it’s Vkusno & tochka. The golden arches are gone, the Fillet-O-Fish is simply a fish burger. The Big Mac has left Russia. 𝘐𝘵 𝘭𝘰𝘰𝘬𝘴 𝘭𝘪𝘬𝘦 𝘣𝘶𝘴𝘪𝘯𝘦𝘴𝘴 𝘢𝘴 𝘶𝘴𝘶𝘢𝘭. Zs The owners of Vkusno & tochka have men like Joe Biden to thank. This is a big opportunity for them.
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ANC is under siege: Mantashe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.African National Congress’s (ANC) national chairperson Gwede Mantashe told party members at a meeting in Welkom that the organisation was under siege. Lol 🤣🤣🤣 Under siege from who, under siege by itself, we will not allow SA to be a mafia clan and a fail state
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LIVE: Senzo Meyiwa murder trial - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The trial of five men accused of the murder of former Bafana Bafana and Orlando Pirates goalkeeper Senzo Meyiwa is expected resume in the High Court in Pretoria on Monday morning.
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