China orders bitcoin exchanges to close
BEIJING — Regulators have ordered Chinese bitcoin exchanges to close, two business newspapers reported Thursday, after uncertainty about the digital currency’s future in China caused its price to plunge. Regulators in Shanghai, the country’s financial centre, gave verbal instructions to exchange operators to shut down, China Business News and 21st Century Economic Report said on their websites. Bitcoin’s value tumbled 15 per cent Thursday to about $3,300. China’s central bank has yet to respond to questions about bitcoin’s future in the country but earlier warned it was traded without regulatory oversight and might be linked to fraud. The bank banned initial offerings of new digital currencies last week. Bitcoin is created and exchanged without the involvement of banks or governments. Transactions allow anonymity, which has made bitcoin popular with people who want to conceal their activity.
CAPE CANAVERAL, Fla. — SpaceX has put together a bloopers video showing “How NOT to land an orbital rocket booster.” Set to rousing music, the twominute video posted Thursday shows rockets exploding at sea and over land. The opening blast, from 2013, is synchronized to the music. SpaceX chief Elon Musk can afford to poke fun at his early, pioneering efforts at rocket recycling, now that his private company has pulled off 16 successful booster landings. The most recent occurred last week in Florida. In one shot, Musk looks over the charred rocket remains scattered over the ground with the caption: “It’s just a scratch.” After another huge fiery explosion, this one on the company’s barge, the caption reads: “Well, technically, it did land ... just not in one piece.”