Techzim

Zimbabwe and regional technology news and updates

advertisement
advertisement

RECHARGE

Nyaradzo logo


Coinbase in a hacking scare as exchange sends emails in error

In an early article, I warned about how the ease of using wallets provided by crypto exchanges can lull you into a false sense of security. This is because it seems these days large scale crypto-heists targeting exchanges are on the rise. Users of the very popular platform Coinbase were recently reminded of this fact […]


PayPal users in the UK can now buy, hold and sell Bitcoin too

At the end of March this year PayPal pulled a surprise when it announced that US PayPal account holders could now buy Bitcoin, Litecoin and Ethereum right from their dashboards. This seemed like an experiment and if it was it seems to be going well too. Now PayPal has just extended this feature to PayPal […]


Election integrity, music royalties & other use cases for cryptos and blockchain technology

Part two of our discussion on the benefits of cryptocurrencies and blockchain technology is a more focused one. In this episode, we look at the use cases for the blockchain and cryptos that go beyond financial services. And I was joined yet again by Financial Services Lawyer and Blockchain Technology Analyst, Prosper Mwedzi. You can […]


Bitcoin price fluctuations and how Zim is being lapped in the crypto adoption race

Bitcoin and altcoin price fluctuation is a complex topic to get to the bottom of. There are a number of factors that influence their price. Some factors are apparent while others are in the realm of speculation. To shed light on what causes the dips and peaks in the price of Bitcoin we were joined […]


SA Reserve Bank says it’s illegal for South Africans to transfer locally bought Bitcoin overseas

It seems South African regulators are grappling with how to regulate Bitcoin. A lot of people, in Mzansi, are participating in the Bitcoin rush drawn in by the tantalising prospect of massive returns that even the best traditional stock traders cannot dream of getting. Here are some of the big things we have learnt about […]


Nespresso Using Blockchain Tech In Tracking Origins Of Zim Coffee

3 years ago, Nespresso announced the Reviving Origins program with the goal of restoring coffee agriculture in regions affected by conflict, climate and political issues. Zim is one of the beneficiaries of this program and has been part of the initiative since its inception. The blockchain platform traces the AAA Sustainable coffee from farms in Zimbabwe […]


You Can Now Buy HTC’s Exodus Blockchain Phone With Fiat Money Too, Instead Of Cryptocurrency Only

HTC has announced that you can now purchase its blockchain-powered Exodus 1 smartphone using your hard earned cash. Until now, the HTC Exodus 1 could only be bought using cryptocurrency but now it can be bought with U.S. dollars and other fiat currencies. The HTC Exodus 1 made its debut last year as “the world’s […]


UN Using Blockchain To Improve The World Food Programme Initiative

The hype around blockchain has slowed down drastically over the past few months but this doesn’t mean progress has also slowed down. Huge organisations are adopting and testing out the technology and seeing where exactly it fits (if it fits) in their organisations. One of the biggest organisations who has adopted the technology is the […]


Major US Federal Reserve Bank Starts To Track Cryptos: A Signal That Cryptos Are Going Mainstream?

In a huge surprise move, The Federal Reserve Bank of St. Louis (St. Louis Fed) announced that it is now officially tracking cryptocurrencies (cryptos) on their Federal Reserve Economic Data (FRED) platform.  The St. Louis Fed is one of 12 regional Reserve Banks that, along with the Board of Governors in Washington, D.C., make up […]


Golix  Temporarily Takes Down Crypto Exchange As Court Case Kickoffs Later Today

Zimbabwe’s most popular cryptocurrency exchange, Golix, has issued a statement saying they will be shutting down their “exchange’s Orderbook.” The cryptic statement they sent to their customers read: Dear valued customer. Please note that we have temporarily taken down the exchange’s Orderbook. Any developments related to this matter will be frequently updated. We sincerely apologise […]


‘Bitcoin’ Is Often Compared To Gold; A Zimbabwean Mining Company Proves It More Clearly

So the first thing to mention is that Goldchip Investments is a legit gold mining company that is already mining gold in Zimbabwe. The company was awarded by the Zimbabwe Investment Authority as a runner up in the mining sector at the 2016 Investor Awards. This is of course important to mention because the cryptocurrency […]


Step Aside Bitcoin, $3m Has Been Spent On Virtual Cats (CryptoKitties) In A Week

I know it’s still hard to wrap oneself’s head around Bitcoin and yet here we are talking about a new cryptocurrency. This time it’s not even a cryptocurrency per se but actually a game. What the heck is going on? We mentioned Bitcoin so that it is easier to explain what CryptoKitties are. Recap: Bitcoin […]


Zim based digital currencies startup, BitFinance, adds Litecoin and Dash

BitFinance, one of the few digital currencies startups in Africa, is now offering more than just bitcoin on its BitcoinFundi exchange. The startup has added Litecoin and Dash to its digital currencies. Since they launched the exchange about a year and half ago, BitFinance had been trading bitcoin only. I logged into my account today to […]


Bitcoin 101: Understanding the basics – key issues

In late 2016, I got a call from the finance director of a listed financial services company. He and his managing director wanted to take me out for lunch. Shortly before that, the media had reported of an investment I had made in a blockchain start-up. I normally charge for advisory services, but I agreed […]