Tag: obitx

  • Weird and Non-Trivial Ways of Using Blockchain

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    By Vladimir Potapenko The blockchain has been around for a decade now, and today, few would deny that it’s a groundbreaking invention. When it first emerged, it was the underlying technology that powered Bitcoin, but since then it has evolved to become so much more. From its early beginnings as a fringe technology, the blockchain is now […]

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  • Bad News Day for Bitcoin: It’s Destroying the World and Bank Accounts

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    You won’t believe how much energy it takes to get just $1’s worth. Even though cryptocurrencies technically have no physical presence, they really do a make a impact on the environment — and even could affect the amount of money people have in their accounts. From January 2016 to June 2018, the Oak Ridge Institute […]

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  • Thailand’s Tax Authority Taps Blockchain to Fight Tax Evasion

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    In its fight against tax evasion Thailand’s tax collection agency will turn to blockchain technology among other measures to fight the vice. According to the director-general of the Revenue Department, Ekniti Nitithanprapas, the government agency will employ blockchain technology in verifying whether owed taxes were paid in the correct amounts. Per the Bangkok Post, distributed ledger technology […]

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  • Fake Elon Musk Crypto Giveaway Scam Gets 0.4 BTC as Twitter Fails to Vet Advert

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    On November 6, a paid advertisement emerged on Twitter, showing a verified account Tweeting out a fake crypto giveaway scam. A verified account with Twitter handle “@patheuk,” the official account of a UK-based film studio Pathé UK, began to Tweet out fake Ethereum (ETH) and Bitcoin (BTC) giveaway scams, claiming to be Tesla and SpaceX […]

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  • Apple’s ‘Recycled’ Macs Aren’t What They Seem

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    The company’s move to recycled aluminum is good PR… and that’s about it Apple is washing itself green. The tech company announced Tuesday that it will build its new MacBook Air and Mac Mini computers using “100 percent recycled aluminum.” The move is part of a goal Apple set in 2017 to use only renewable or recycled materials in […]

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  • Two Things You Should Focus On Instead of Social Media

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    By John V.M Two Things You Should Focus On Instead of Social Media If you want to be successful. Every Monday and Wednesday, I pay a guy to push my heart rate into the stratosphere and turn my muscles into mush. His name is Tyler, and he’s my personal trainer. For years, I worked out on […]

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  • 5 Things to Do When You Have Too Many Ideas and Never Finish Anything.

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    What do you do when you’re overwhelmed with too many ideas? Do you abandon them, or do you finish what you start? Juggling multiple ideas and goals — to write, exercise, read more, wake up early and so on — is a tough gig that often begins with excitement, but ends with procrastination, and failure to finish any one […]

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  • Satoshi Nakamoto Released Bitcoin Ten Years Ago — Why It Was Important

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    10 years ago today, Satoshi Nakamoto announced to a cypherpunk cryptography mailing list a new thing called “Bitcoin.” For those in the crypto world it goes without saying why this was important, but after a decade most of the world is still struggling to understand what this meant. Indeed even those “in the know” still […]

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  • Ripple vs Ethereum

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    By Patrick H Ripple overtook Ethereum three times in the second half of September 2018 in terms of market capitalization. Although it was for a brief time, Ethereum lost its place as the 2nd largest cryptocurrency. Eventually, Ethereum powered back to re-take its position. Let’s analyze the cause and effect of this episode. Cause: Ethereum is […]

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  • Bank of America Has the Most Blockchain Patents, But Is It Actually Going to Use Them?

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    On October 30, Bank of America (BofA) added yet another cryptocurrency-related patent to its collection of more than 50 applications filed within the same field. The second-largest bank in the US has been leading in the informal blockchain patent race, sidestepping such players as IBM and Alibaba. However, that does not mean that BofA is being bullish — the company has […]

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