Monthly Archives: February 2015

Bitcoin firm goes dark, and funds are missing

Posted: February 11, 2015 at 3:48 pm

Computer software engineer Mike Caldwell created these physical representations of Bitcoins, but in truth the currency exists only in the digital realm. AP Photo

Bitcoin is again drawing scrutiny following an apparent theft of $387 million in client funds from a Hong Kong exchange that trades in the virtual currency.

Hong Kong police are reportedly investigating the disappearance of the money at MyCoin, which allowed users to buy and sell Bitcoin. The company appears to have suspended its service. Calls to MyCoin could not be connected, while calls to its customer service line were not answered, according to Reuters.

In wake of the incident, Hong Kong's central bank cautioned consumers against investing in virtual currencies.

"Authorities are fumbling around trying to regulate these things," said Steve H. Hanke, a professor of applied economics at The Johns Hopkins University and a senior fellow at the Cato Institute. "Hong Kong has a very good, regulated banking system. It does not want the authorities in Beijing coming down on them hard because something happened in some Bitcoin exchange."

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Erik Finman, a 15-year-old from northern Idaho, founded an online education program that links students with instructors around the world. Michel...

But the latest cloud over Bitcoin, and the largest since the 2014 bankruptcy of Tokyo-based Mt. Gox exchange, has less to do with the pros and cons of using or investing in virtual currencies and more to do with an old-fashioned scam.

"Reports say this wasn't a traditional exchange that was hacked, like Mt. Gox, but instead a business that provided some sort of contract that promised you a return, and some are surmising MyCoin was really running a Ponzi scheme based on Bitcoins," said Reuben Grinberg, an attorney at Davis Polk & Wardwell who started writing about the digital currency in law school.

"Oftentimes with new technology, where regulators haven't clamped down yet, scammers or people with bad intentions come in and start harming investors," said Grinberg, who cited as example the U.S. Securities and Exchange Commission action last year against Trendon Shavers and Bitcoin Savings and Trust, or BSCST, the online entity he created.

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Bitcoin firm goes dark, and funds are missing

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SSTV from the International Space Station 31 01 2015 – Video

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SSTV from the International Space Station 31 01 2015
Slow Scan TV (SSTV) received in Southern England (West Sussex) from the International Space Station on the evening of 31 January 2015. The point of this vide...

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SSTV from the International Space Station 31 01 2015 - Video

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space station 13 (PS) part 46 that’s actually a cult – Video

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space station 13 (PS) part 46 that #39;s actually a cult
this time on ss13 w/ commentary: the thumbnail answers two things: squishy couldn #39;t be saved and the leather jacket was in the cult base. anyway (PS) = parad...

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space station 13 (PS) part 46 that's actually a cult - Video

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International Space Station Timelapse for Mon, 2nd February 2015 UTC – Video

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International Space Station Timelapse for Mon, 2nd February 2015 UTC
This is a image taken from the live feed from the International Space Station.

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International Space Station Timelapse for Mon, 2nd February 2015 UTC - Video

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Cell Phone Repair Chip Level By SIE GUNTUR Lecture 3 – Video

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Cell Phone Repair Chip Level By SIE GUNTUR Lecture 3
The MSS is composed of the actual arm called Space Station Remote Manipulator System (SSRMS), the Mobile Remote Servicer Base System (MBS) and the Special Purpose Dexterous Manipulator ...

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Fluids Slosh in Strange Ways Aboard the Space Station | Video – Video

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Fluids Slosh in Strange Ways Aboard the Space Station | Video
More space news and info at: http://www.coconutsciencelab.com - astronauts are performing experiments to examine the strange way fluids slosh and bubble in t...

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SpaceX Dragon Cargo Ship Departs the Space Station | Video – Video

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SpaceX Dragon Cargo Ship Departs the Space Station | Video
More space news and info at: http://www.coconutsciencelab.com - after spending nearly a month at the International Space Station, the unpiloted SpaceX Dragon cargo spacecraft departed on February.

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SpaceX Dragon Cargo Ship Departs the Space Station | Video - Video

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Traveller Character Interviews – Sheridan – Video

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Traveller Character Interviews - Sheridan
In this video we cover what it #39;s like to be a character using the role playing system, Traveller. Lyric brings her character Sheridan Kingsley to life by portraying him going through an interview...

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SpaceX's Dragon to return from International Space Station

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SpaceX's robotic Dragon capsule is headed back to Earth after spending one month attached to the International Space Station, marking the start of a big day for the private spaceflight company that also includes a satellite launch and bold rocket landing attempt.

The uncrewed Dragon supply ship carrying hardware and experiments back from the station cast off from the space station at about 2:10 p.m. EST today, Feb. 10. Dragon will splash down in the Pacific Ocean at 7:44 p.m. EST, where a recovery ship is standing by to retrieve the capsule. If all goes according to plan, the splashdown should occur just hours after SpaceX is due to launch a Falcon 9 rocket carrying Deep Space Climate Observatory (DSCOVR) space weather satellite into orbit. SpaceX also hopes to try toland the rocket on a drone ship in the Atlantic Ocean after delivering the satellite to space.

"Tuesday will be a busy day, but SpaceX has planned and prepared for this scenario," SpaceX representatives told Space.com via email on Monday. "We have separate operations and recovery teams on both coasts, so we are equipped to handle both events [the Dragon and Falcon 9 landings] simultaneously." You can watch the launch of DSCOVR live on Space.com via NASA TV starting at 5 p.m. EST today. SpaceX is also expected to carry a live webcast of the launch. [See photos of the Dragon cargo launch]

Dragon launched to the space station atop a Falcon 9 rocket from Florida on Jan. 10. The capsule linked up with the laboratory about two days later, delivering fresh supplies to the crewmembers onboard.

SpaceX attempted to land the first stage of Dragon's Falcon 9 rocket on the drone ship in the Atlantic in a reusable rocket test similar to the one the company is attempting today. The rocket stage landing wasn't successful. The Falcon 9 exploded when it crash-landed on the drone ship.

The Dragon capsule is currently the only robotic cargo spacecraft capable of bringing items back to Earth from the International Space Station. Other spacecraft, such as Europe's ATVs and Russia's Progress vehicles, deliver supplies to the station, but those vehicles burn up harmlessly in Earth's atmosphere after departing the laboratory.

Today will mark the end of SpaceX's fifth official supply run to the station once Dragon splashes down in the Pacific. The company currently holds a $1.6 billion contract with NASA to fly 12 uncrewed missions to orbit using the Dragon and Falcon 9.

The private spaceflight company Orbital Sciences Corp. also holds a cargo contract with NASA; however, Orbital's flights are currently on hold due to a rocket accident that destroyed one of the company's Cygnus spacecraft seconds after launching toward the station in 2014.

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SpaceX's Dragon to return from International Space Station

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The Hidden with Angle HD – Video

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The Hidden with Angle HD
Angle HD channel https://www.youtube.com/channel/UCwsIbBp_ysGFSTPj7ktB3aA What Hidden is. "In the early 1950s human genetics experimentation was taking its first, tentative steps. Amongst...

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