Twitterpated notifications, driverless under the influence and cognitive automation + this day in history w/'Who Killed The Electric Car?' and our song of the day by Cut Chemist on your Morning Monarchy for January 23, 2018.
BitConnect has closed down its lending and trading platform. Many have called it a ponzi-scheme, because people would loan the anonymously-run site money in exchange for exorbitant interest, depending on the length of the loan. BitConnect's platform was a multi-level referral system. The site claimed it earned revenue from day-trading crypto coins. The company blamed the closure on bad press, two cease-and-desist letters from securities authorities on the basis that it lacked proper registration, and perpetual DDoS (distributed denial-of-service) attacks on its servers.
