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Apple co-founder Steve Wozniak says the hype around blockchain signals a bubble

Apple co-founder Steve Wozniak says the hype around blockchain signals a bubble

Finance
Apple co-founder and noted bitcoin bull Steve Wozniak says the hype around blockchain is similar to what he saw in the dotcom era, with companies going belly-up at a rapid rate. “It was a bubble, and I feel that way about blockchain,” Wozniak said Tuesday on stage at the NEX technology conference in New York. A good portion of the companies promising to do life-changing things on the internet quickly went bust, Wozniak reminded the audience. Still, he said blockchain technology has real implementation potential, because it’s “decentralized a...
Chris Brown caught putting his hands around woman's neck

Chris Brown caught putting his hands around woman's neck

Entertainment
TMZ/MEGASPOTTED: Chris was pictured placing his hands around a woman's neckThe Freaky Friday singer was seen placing his hands around the brunette's neck while in Miami.However, Rihanna's ex has taken to his Chris Brown Instagram page to insist the incident was just horseplay between himself and a pal.The photo saw the topless star, who was wearing an orange baseball cap, put his hands around the female's throat as she leaned backwards and had her hand over his.Meanwhile, another brunette in a red and leopard print dress seemed as though she was trying to intervene.INSTAGRAM/CHRIS BROWNSPEAKING OUT: The Freaky Friday singer said there is no need to defend himself “There is no need to even defend myself on the matter” Chris Brown The incident comes nine years after
SBI tightens noose around borrowers in jewellery sector

SBI tightens noose around borrowers in jewellery sector

Finance
State Bank of India, India’s largest lender, is tightening the noose around borrowers in the gems and jewellery sector by telling them to either bring in more collaterals to back the existing borrowings or reduce the size of it in a time-bound manner. The decision was driven by the board which directed the management to plug the gaps in risk mitigation system, especially for borrowers in the jewellery sector which has been in the eye of the storm after the Nirav Modi-led Rs 12,300 crore fraud was detected in Punjab National Bank. SBI has reviewed all loans given to jewellers in the wake of the Nirav Modi scam to find out whether adequate safeguards were taken while giving the loan. In case of divergence, the bank has written to its borrowers to raise the collateral level to at least 40-50%
Israel reveals plans for 40-mile underground wall around Gaza

Israel reveals plans for 40-mile underground wall around Gaza

World
Jan. 18 (UPI) -- Officials in Israel on Thursday gave journalists a tour of a destroyed militant Islamist tunnel and a peek at construction of an underground wall they hope will thwart terrorist groups from digging their way into Israeli territory.The massive underground barrier is the first of its kind in the world. The project, scheduled to be finished by the end of next year, is made of reinforced concrete walls that will run for 40 miles along the entire Israeli-Gaza border.The wall will have underground sensors to help to detect any future tunnels and a fence almost 30 feet tall will help prevent crossings over ground.As construction progresses, Israeli military expects to find and destroy several more attack tunnels that enter Israel from Gaza. During the last three months, Israeli f...