What is going on with Crypto-currencies?
Mt. Gox bitcoin exchange goes bankrupt after theft/loss of clients’ funds.
Now deaths and scams are being reported within the crypto-coin community.
Can we discuss this with financial icon Max Keiser to hear his information and research?
Are the Crypto community deaths related to the trend of unexpected financiers’ deaths? ~Ron
See Full episode: Keiser Report: The FUBAR World Economy (E570)
Crypto Community Mourns The Loss Of Autumn Radtke, Still Remembers Mikhail Sindeyev
Posted 5 days ago 28/02/2014
Singaporean police reported the death of Autumn Radtke, CEO of First Meta Exchange, late on February 26th. The news traveled fast on the wings of tweets and First Meta Exchange’s blog confirmed the death the next day and offered these consoling words:
“The First Meta team is shocked and saddened by the tragic loss of our friend and CEO Autumn Radtke. Our deepest condolences go out to her family, friends and loved ones. Autumn was an inspiration to all of us and she will be sorely missed.”
Autumn Radtke in an interview, Image from ABCNews
As of now, the cause of death has not yet been completely confirmed by police, though some sources claim that the death was a suicide.
First Meta Exchange first caught the attention of the Crypto community when Jon Matonis publicized First Meta’s receiving of nearly $500,000 in venture capital from Silicon Valley’s Plug and Play Tech and Singapore’ National Research Foundation. First Meta Exchange was not a Bitcoin exchange in the way that Mt. Gox was. First Meta would accept all different types of virtual currencies both centralized and decentralized. Bitcoin was but one of the many options that First Meta offered to its customers.
First Meta plans to continue operations.
A few weeks ago, the Crypto community at large, was also shocked with the all too sudden death of Mikhail Sindeyev aka ‘thecoder’. Mikhail Sindeyev was just one year younger than Autumn Radtke at the tender age of 27. He passed away due to a stroke, as relayed by his department at MSU in Russia:
“Mikhail Sindeyev, researcher of our lab, has died February 14, 2014 from stroke at 27. He was one of the most talented graduates of our laboratory and active participant of many research projects. In May 2013 he successfully defended his PhD thesis “Research and developement of video matting algorithms”. Our sincere condolenses to his parents. We will deeply miss him.”
Beyond the Sindeyev’s PhD work in Academia, his C++ work on Huntercoin and Namecoin is being utilized at the bleeding edge of technology.
Sindeyev was a Namecoin and Huntercoin developer and continually redefined what we thought was possible with a blockchain. Namecoin and Huntercoin are two examples of altcoins that are leading true innovation in altcoins. The then nascent Huntercoin community, led by Huntercoin developer snailbrain, gathered in the days after his untimely death to mourn the passing of a Crypto great.
Huntercoin’s in-game chatlog following the news of Mikhail’s death
Here at CCN, we’d like you to join us in a moment of silence for our fallen colleagues: Autumn Radtke and Mikhail Sindeyev.
Bitcoin bank Flexcoin shuts down after $600,000 theft
Published on Mar 4, 2014
More info at link:
Bitcoin bank Flexcoin shuts down after $600,000 theft
Thieves steal several hundred thousand dollars worth of digital currency
A second online bitcoin bank has shut down after a security breach allowed thieves to steal a large quantity of bitcoins.
Flexcoin, a bitcoin exchange based in Alberta, made the abrupt announcement on its website Tuesday, admitting that it had been robbed of 896 bitcoins after a thief or thieves managed to collect them from Flexcoins servers and transfer them to two bitcoin wallets — a unique string of numbers and letters that function similarly to an email address, and bitcoin’s equivalent to individual bank accounts where customers store money.
At current market rates, the theft amounts to more than $600,000 US. The figure represents the bank’s entire bitcoin holdings online, effectively wiping out any customers who held assets there.
sad story, her profile is impressive, I found many of her pics here http://dailyentertainmentnews.com/tv/autumn-radtke-american-bitcoin-firm-ceo/
Indeed a sad story, unfortunately it is still unfolding as part of the global financial crisis that is slowly grinding to a collapse in spite of the institutional manipulations.
Thank you for sharing and thank you for being here!
REALIST NEWS – Flexcoin Wallet Shuts Down Due To theft Of 800+ Bitcoins
Posted on Mar 5, 2014
Keiser Report: New Crypto Phenomenon Ethereum (E569)
Published on Mar 1, 2014
In this episode of the Keiser Report, Max Keiser and Stacy Herbert discuss the Jon Corzine of bitcoin trying to concern troll his way into a bailout and failing. And while 6 percent of all bitcoins allegedly went missing via MtGox, every year 3 percent of China’s GDP goes missing into property and bank accounts in the US, Canada and Australia.
They also look at a recent study that friends of Timothy Geithner were rewarded by the stock market as much as friends of Suharto were in Indonesia.
In the second half, Max interviews Charles Hoskinson, a cryptographer and one of the people behind a new crypto start up called Ethereum.
They also discuss cryptography, bitcoin and maxcoin.
REALIST NEWS: 28 Year Old Bitcoin Exchange CEO Found Dead
Latest Finance Suicide
Wednesday, 47-year-old Edmund Reilly, a trader at the Vertical Group, jumped in front of a Long Island Rail Road Train, and was pronounced dead at the scene.