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Bitcoin user arrested for $4.5M Ponzi scheme

Bitcoin user arrested for $4.5M Ponzi scheme

Trendon Shavers, from Texas, was arrested this week and charged with several counts of fraud for running a Bitcoin Ponzi scheme that earned over $4 million. He is now facing a maximum prison sentence of 20 years each for one count of securities fraud and one count of wire fraud, in addition to civil charges from the SEC (Securities and Exchange Commission) in 2013 that resulted in the order to pay $40 million in fines.

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Foodini 3D prints food from ingredients capsules

Foodini 3D prints food from ingredients capsules

We can't yet pop a tablet to get our daily nutritional needs, but a future where food is select on a touchscreen and then printed out from ingredients capsules is looking more likely than ever. Foodini is a 3D printer that does just that, and its maker Natural Machines recently showed it off at the Web Summit in Dublin. The device first made its debut via a failed Kickstarter project, but that didn't stop the maker from moving forward, and it is already looking toward it second version.

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A modern mining disaster: Bitcoin facility goes up in flames

A modern mining disaster: Bitcoin facility goes up in flames

Modern mining for precious commodities has gone digital, and with that comes what may be the first big digital mining disaster. A Bitcoin mining facility in Thailand recently went up in flames, with three buildings burning to disastrous proportions, taking the servers with them. The mining facility is said to belong to Cowboyminers, and reportedly the hardware was not insured, making it look unlikely it'll be back up and running any time soon. According to Spondoolies-Tech, which made the hardware, the data center's wiring wasn't up to code.

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GTAT: Apple strong-armed us into deal that bankrupted company

GTAT: Apple strong-armed us into deal that bankrupted company

By now, you’re probably aware that Apple’s Sapphire provider GT Advanced went belly-up a few weeks ago. If you’re not, we encourage you to click links in this article and in our timeline below, as the meltdown is both contextual and interesting. After previously noting the deal they struck with Apple was unfair, GT Advanced is now detailing their feelings. In retrospect, GT Advanced says they’re not sure Apple’s original offer was ever really honest, and insists they were insulted through the process.

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Dinosaur skull’s 3D digital restoration brings wide access to researchers

Dinosaur skull’s 3D digital restoration brings wide access to researchers

Fossils are an important part of palaeontological research, but their fragile and precious nature makes access difficult for many. To solve this problem, researchers from the University of Bristol and more have restored a damaged dinosaur skull digitally, turning it into a complete 3D model with the damaged and missing portions corrected. With these 3D models, scientists are able to study fossils without physically accessing them, something that simultaneously helps preserve fossils and increase access to them. The work was recently detailed in the Journal of Vertebrate Paleontology.

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7 Colorado towns vote to take Internet back

7 Colorado towns vote to take Internet back

In the ongoing conversation about an open Internet, the main topic of discussion is about pipelines. Some would like the Internet to remain as-is, while some others want there to be a paid and free service; tiered Internet, so to speak. In Colorado this week, citizens took back their right to have Internet as they choose, just in a different way. A previously implemented ban on community broadband service was overturned, as a majority of voters want their Internet back.

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Virtual 4K balconies are coming to new Quantum cruise ship

Virtual 4K balconies are coming to new Quantum cruise ship

Cruises can be a bit claustrophobic if you happen to be in an interior room. The already small space is compounded by a lack of outside access, and despite efforts otherwise, can feel dim and confined at times. Royal Caribbean is addressing that issue in a unique way: with virtual balconies installed in interior rooms, which give everyone a view of the ocean and make the space feel a bit bigger. How are these virtual balconies achieved? Using giant 80-inch 4K displays mounted on the wall.

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Google “wins” Springer news tussle by complying with the law

Google “wins” Springer news tussle by complying with the law

In a somewhat amusing turn of events, Google has just emerged victorious in what could have been a major battle over licensing fees with Axel Springer, Germany's biggest news publisher. Axel Springer reinstated the tech company's ability to publish both headlines and snippets of news, citing plummeting Internet traffic after it revoked those rights for a two week experiment. The almost ironic thing is that Google practically "won" this issue not by fighting for it in court or in media but by actually complying with the new German law.

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Apple confirms new engineering office in Seattle

Apple confirms new engineering office in Seattle

Apple has nestled itself in the Pacific Northwest, joining the likes of Microsoft, Google and Amazon by opening an engineering office in Seattle. Apple has confirmed the business move to the Seattle Times, but has not elaborated on any details beyond that. This marks a first for the company, and it is expected more will be joining it in due time. No details are provided on where exactly the office is located, but a fair bit of information on what is taking place has surfaced.

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China recovers its first unmanned spacecraft to return from moon

China recovers its first unmanned spacecraft to return from moon

Saturday saw China recover its first spacecraft to take part in an experiment of flying to the moon and returning. While the craft didn't actually land on the surface, as that's what this mission was practice for, it did successfully fly around the moon on an eight-day trip, marking the first time in almost 40 years that an unmanned ship returned to Earth after making a lunar rotation.

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