Cryptocurrency That Claimed to Be Backed by Cash No Longer Solely Backed by Cash

Tether said its USDT token was ‘backed 1-to-1 by traditional currency’ but now adds cash equivalents, receivables from loans, and other assets to its reserves. Continue reading Cryptocurrency That Claimed to Be Backed by Cash No Longer Solely Backed by Cash

One Small Step for a Space Elevator

Space elevators belong to that class of technology that we all want to see become a reality within our lifetimes, but deep-down doubt we’ll ever get to witness firsthand. Like cold fusion, or faster than light travel, we understand the principles that should make these concepts possible, but they’re so far beyond our technical understanding that they might as well be fantasy.

Except, maybe not. When Japan Aerospace Exploration Agency (JAXA) launches their seventh Kounotori H-II Transfer Vehicle towards the International Space Station, riding along with the experiments and supplies for the astronauts, will be a very special pair of …read more

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Has Tether Been Used to Manipulate Bitcoin’s Value Boost?

According to two researchers from University of Texas, there is a particular reason that blew the price of Bitcoin out of proportion last year. Professor John Griffin and graduate student Amin Shams believe that Bitcoin’s value boost was due to….. Continue reading Has Tether Been Used to Manipulate Bitcoin’s Value Boost?

DIY Submersible Aims for Low Cost, Ease of Operation

If you’re like us, a body of water is a source of wonder and awe. The wonder comes from imagining what lies hidden below the surface, and the awe is from the fear of trying to find out and becoming one of those submerged objects on a permanent basis. So if you want to explore the depths in relative comfort and safety, a DIY remotely operated underwater vehicle might be the thing you need to build.

Most ROV builds these days seem to follow more or less similar designs, which is probably because they all share project goals similar to …read more

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Configuring Your Own Travel Router with OpenVPN – Paul’s Security Weekly #560

Sometimes you just need a router handy when traveling. This allows you to connect multiple devices, use a VPN for all of them, and allow you to connect to a network via Wifi, Ethernet or USB 4G modem/Tether. All this for just $32 and a little configura… Continue reading Configuring Your Own Travel Router with OpenVPN – Paul’s Security Weekly #560

The ‘Holy Grail’ of Cryptocurrency Looks Like the Banks We Already Know and Hate

Intangible Labs raised $133 million from established investors to create a stable coin with an “algorithmic central bank.” Continue reading The ‘Holy Grail’ of Cryptocurrency Looks Like the Banks We Already Know and Hate

Tether Hacked — Attacker Steals $31 Million of Digital Tokens

Again some bad news for cryptocurrency users.

Tether, a Santa Monica-based start-up that provides a dollar-backed cryptocurrency tokens, has claimed that its systems have been hacked by an external attacker, who eventually stole around $31 million wor… Continue reading Tether Hacked — Attacker Steals $31 Million of Digital Tokens