Day: January 24, 2021

Digital ID solves the privacy dilemma

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A year unlike any other, when much of life went online, created a compelling case for digital identity. Talk of “immunity passports,” privacy-protecting contact tracing apps and even a potential move to online voting systems all speak to the need for robust digital identities. In July 2020, the World Economic Forum published a briefing paper covering the risks and opportunities around “the internet of bodies.” From wearable technology to connected medical implants, it’s evident that our future digital identities could comprise more data than we ever thought possible. But the…

Bitcoin (BTC): THE TOP IS NIGH! {Davincij15 talks about what's next}

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Bitcoin [BTC] near a short-term top I am seeing the signs that Bitcoin [BTC] will retrace. Ethereum [ETH] has done nothing as bitcoin sees new highs what does that mean? Bitcoin is a digital crypto and global money system currency. I talk about technical analysis of Bitcoin(BTC), Ethereum(ETH), and crypto and how I make money trading BTC. Bitcoin allows people to send or receive money across the internet, without a third party. I talk about how to make money trading cryptocurrency/altcoins along…

The United States updates its crypto AML/CFT laws

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Against great push back from the crypto industry and as the price of Bitcoin (BTC) reached new all-time highs several times during the last couple of months, the United States has updated its cryptocurrency Anti-Money Laundering/Combating the Financing of Terrorism laws. Related: COVID-19 pandemic spurs crypto law updates in J5 countries The Anti-Money Laundering Act of 2020 and the Corporate Transparency Act Last December, the Senate approved the National Defense Authorization Act and, as part of that legislation, passed the Anti-Money Laundering Act of 2020 and the Corporate Transparency Act.…

China’s Dominant Position as Hash Rate Leader Under Threat – Mining Bitcoin News

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The ongoing global shortage of chips that are used in the production of bitcoin mining rigs is now causing manufacturing disruptions. According to one report, these disruptions are causing a shortage of rigs on the market and subsequent price increases. Already, the report suggests that the prices of new mining rigs have doubled while second-hand machines saw their prices go up by more than 50% in the past year. Chipmakers Shunning Bitcoin Rig Makers Fueled by the rising value of bitcoin, the demand for mining rigs has been rising as…

Empty stadiums get blockchain and soccer to play together

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In a first for professional soccer, Spanish team DUX Internacional de Madrid has used crypto to buy a new player. Ex-Real Madrid player David Barral is a new acquisition for the club facilitated by the cryptocurrency trading company Criptan. Although technically this is not the first recorded Bitcoin (BTC) transfer, amateur Turkish club Harunustaspor bought 22-year-old player Omer Faruk Kiroglu back in 2018 for 0.0524 Bitcoin and 2,500 Turkish Lira. This move was performed to gain attention for the club in international media for doing “something new” but not necessarily…

The circular economy blockchain

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Making the most of our resources for a sustainable production, to preserve the key elements of our environment. This is the aim of CircularChain, the circular economy blockchain. Perfect example of SUEZ’s ability to innovate, CircularChain collects key data for the environment, secures information through blockchain technology and provides reliable and forgery-proof information to the various actors. A first proven traceability chain that paves the path for many other sectors. Subscribe to our YouTube channel: Check out our website: Follow us on…

It’s time for Hollywood to move to blockchain. Yes, you read that right

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The greatest empires over the course of history have come and gone — the Romans, Greeks, Babylonians, Mongols, Persians, Egyptians, Ottomans and, most recently, the British. Much in the same way that history has recycled the powers of the world, so do cultural and economic institutions around us fall to the same fate.  Like these empires that governed their corners of the world, Hollywood dominated its own — the film industry. Audiences have enjoyed the fruits of this cultural empire just as they have enjoyed perks produced from other exclusive…

A Reading of Satoshi’s Bitcoin White Paper

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The document that started it all, in audio form. This episode is sponsored by Nexo.io. For this week’s Long Reads Sunday, NLW reads the document that started it all – the Bitcoin White Paper. Interestingly, this document was released under an MIT open-source license, available free to all. Image credit: Emir Hoyman/Getty Images Plus Original

ETHEREUM 2.0 – DAS solltet ihr über das Update wissen!

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▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io ETHEREUM 2.0 – DAS solltet ihr über das Update wissen! 👀 Website: 👀 Heute geht es um das große Update bei Ethereum und die Roadmap zu ETH 2.0. Wir schauen von Phase 0 bis Phase 2 und erklären euch, wie die Phasen ablaufen und was du vielleicht als HODLer beachten solltest. Viel Spaß! Timestamps 00:00 : Intro 01:47 : Status Quo 05:08 : Ethereum 2.0 Phasen 09:23 : ETH 2 Coins? 11:45 : Phase 1 – Sharding 23:11 : Phase 2 25:16…

The impact of Bitcoin hacking incidents in the crypto market

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In the 2013–2017 period, 29 hacks occurred in the Bitcoin market where a total of 1.1 million Bitcoin were stolen. Noting that the average price for Bitcoin (BTC) in December 2020 exceeded $20,000, the corresponding monetary equivalent of losses is more than $22 billion, which strongly highlights the societal impact of this criminal activity.  What did crypto exchanges do to address this problem? Nowadays, about 90% of exchanges use some kind of cold storage system, which means that digital assets are stored offline. Keeping Bitcoin offline considerably reduces the threat…