Here’s everything you need to know about the technology powering the bitcoin cryptocurrency today and, soon, a myriad of services that will change your life. This is part of “Blockchain Decoded,” a series looking at the impact of blockchain, bitcoin and cryptocurrency on our lives. These days, we’re having a harder and harder time trusting each other. Trust is an essential part of ordinary living, whether it’s picking mechanics based on Yelp reviews, sliding credit cards into gas station fuel pumps or heeding our doctor’s advice. But our trust has…
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Nova Scotia Power Testing Tesla Batteries In Electrical System – Halifax | Globalnews.ca
Nova Scotia Power is testing Tesla batteries in a pilot project exploring how they can be used to provide a more reliable power supply. A couple dozen battery compartments, each about the size of an enclosed portable toilet, have been installed at an electrical substation in Elmsdale, N.S. The modular arrangement is called a Powerpack system; essentially a giant rechargeable battery. A smaller-scale system was installed in Australia. “The wind blows when it blows, the sun shines when it shines, but people like to watch TV at night,” Jill Searle, the NSP’s…
Read MoreDog Bites: It May Not Be Them, It Could Be You – Health – CBC News
Having a nervous personality could boost your chances of being bitten by a dog. Results from a recent survey compiled by the University of Liverpool show that those who scored as being more “emotionally stable” on a personality test were less likely to be bitten by a dog. The research could have consequences for anyone who has ever cowered in the presence of a dog, even if they may not be able to control their emotional responses enough to avoid being bitten. Experts say that although a dog’s reason for becoming excited or upset…
Read MoreForget $9,000… Bitcoin Falls Below $7,000 [Updated] | Ars Technica
Further ReadingMore bad news pushes bitcoin’s value below $9,000If there were any lingering doubts about whether the Bitcoin bubble was over, those should be gone now. After falling below $9,000 last Thursday for the first time since November, Bitcoin has fallen south of $7,500 as of this writing. Bitcoin was trading at right around $8,250 at the start of Monday, so it’s down nearly 9 percent so far today. Bitcoin had rallied a bit over the weekend, peaking at nearly $9,500 on Saturday, but Monday’s news that Lloyds Bank has…
Read MoreBanks Ban Credit Purchase Of Cryptocurrency Due To Risks – Engadget
If you use your Bank of America-, JP Morgan Chase- or Citigroup-issued credit card to buy cryptocurrency, then you’ll have to find an alternative ASAP. According to Bloomberg, the banks have banned crypto purchase using their cards due to the virtual coins’ volatile nature. BofA has already started declining credit transactions with known exchanges, though its debit cards aren’t be affected by the ban. Citigroup also announced on Friday that it’ll no longer process crypto purchases, while JP Morgan Chase’s new rule will take effect today. JPMorgan spokesperson Mary Jane…
Read MoreTesla Looks To Take Solar Mainstream With Home Depot Partnership | TechCrunch
While Elon Musk is preparing for this week’s launch of the Falcon Heavy rocket, his other company is also preparing for a launch. Tesla has made a deal with Home Depot to sell both the PowerWall and Tesla’s solar panels at 800 Home Depot locations. The retail spaces will be Tesla branded and Tesla employees will be on hand to assist with service and sales. Home Depot has some 2,200 stores across the country, but the 800-store roll out is still the largest retail presence Tesla has ever known for…
Read MoreTelecoms, CBC And Others Urge CRTC To Establish Agency To Help Locate Piracy Websites – Business – CBC News
Prominent members of Canada’s entertainment industry are calling for a new federal agency to locate and shut down websites that are portals for illegally obtained video and audio content. Bell Canada, Rogers Communications Inc., Quebecor Inc., Cineplex Inc., Canadian Broadcasting Corp. and several other organizations have banded together to create FairPlay Canada. They argue that Canadian jobs are at risk because consumers can get access to TV shows, movies and music from websites that don’t pay for the content that they stream to consumers. They want the Canadian Radio-television and Telecommunications…
Read MoreCanadian Dollar Falls From 4-Month High After Trump Boosts U.S. Dollar – Business – CBC News
The Canadian dollar retreated from a four-month high against the U.S. dollar on Thursday after comments from U.S. President Donald Trump boosted the greenback against most major currencies. During his first visit to the World Economic Forum in Davos, Switzerland, Trump stressed that he ultimately wanted to see a stronger U.S. dollar. The move comes on the back of comments made by Treasury Secretary Steven Mnuchin on Wednesday, when he said a weaker buck was good for American exporters.Those comments had sent the U.S. dollar to a three-year low against a basket of currencies. On Thursday, the…
Read MoreCanada Trialing Use Of Ethereum Blockchain To Enhance Transparency In Govt Funding – National | Globalnews.ca
The Canadian government has launched a trial to explore the use of blockchain technology in making government research grant and funding information more transparent to the public. For the trial, the National Research Council (NRC) is using the Catena Blockchain Suite, a Canadian-made product built on the Ethereum blockchain, to publish funding and grant information in real time. When the NRC creates or amends a grant, the pertinent information is stored on the Ethereum blockchain, and posted on an online database that Canadians can peruse. “Blockchains provide the ultimate in transparency and…
Read MoreGPU Prices Skyrocket, Breaking The Entire DIY PC Market – ExtremeTech
If you’re looking to build a PC today, chances are you’re in trouble. Cryptocurrency mining has driven the prices of GPUs from “inflated” to “utterly absurd.” In fact, prices are so high, they’re actually higher, in some cases, than we’d expect a person to spend on an entire computer. It’s one thing to say people shouldn’t buy in when a GPU (See on Amazon) is running $50 to $100 over MSRP (and we’ve railed against these kinds of price wars before), but the pricing here is nuts. AMD’s Vega 56…
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