Connect with us

Hacking Matter

Believe It or Not, NASA Emailed a Wrench into Space

Published

on

RatchetNASA proved the rule that with the advancement of technology, things become more efficient and headlines get a little weirder each and every day.

Barry Wilmore, commander at the International Space Station, needed a wrench, and he needed it quicker than Amazon could deliver it. In response, NASA decided to forego Amazon’s new one-hour delivery service and ship it to him personally. Through email.

My colleagues and I just 3D-printed a ratcheting socket wrench on the International Space Station by typing some commands on our computer in California.

Emailing Hardware to Space

That statement was from Made In Space, a California-based company contracted by NASA for their zero-gravity 3D printing technology.

We had overheard ISS Commander Barry Wilmore (who goes by “Butch”) mention over the radio that he needed one, so we designed one in CAD and sent it up to him faster than a rocket ever could have. This is the first time we’ve ever “emailed” hardware to space.

According to Made In Space, the “space-made” socket wrench is the first object they designed at their location on the ground and emailed into space in a moment’s notice. Upon hearing Wilmore mention he needed the wrench, they took to their computers and designed the parts in CAD, converting it to a 3D printer format called G-code.

Next, Made In Space sent the file to NASA, who then transmitted it to the International Space Station. The 3D printer received the code and began printing, so Wilmore simply reached inside the machine and grabbed his new socket wrench once it was complete.

On the ISS this type of technology translates to lower costs for experiments, faster design iteration, and a safer, better experience for the crew members, who can use it to replace broken parts or create new tools on demand.

Made In Space and NASA Looking More Toward the Future

Made in SpaceWhen Made in Space and NASA first sent their zero-gravity 3D printer into space on September 20, they certainly knew they were changing the way the world works. It was the first time that a multi-purpose manufacturing device was planned to be utilized in space to create any parts or tools that might be necessary in case of an emergency.

“Everything that has ever been built for space has been built on the ground. Tremendous amounts of money and time have been spent to place even the simplest of items in space to aid exploration and development,” said Aaron Kemmer, chief executive officer of Made In Space. “This new capability will fundamentally change how the supply and development of space missions is looked at.”

But at its core, Made In Space and NASA aren’t just thinking about what’s happening now. The company said it most looks forward to colonization off of Earth upon sending the wrench into space.

“What I’m really excited about is the impact this could have on human space exploration beyond Earth orbit,” Made In Space said. “When we do set up the first human colonies on the moon, Mars and beyond, we won’t use rockets to bring along everything we need. We’ll build what we need there, when we need it.”

Images from NASA and Made in Space.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

Clay Gillespie a writer and reporter for many different platforms across the tech industry. He holds a B.S. in Public Relations from Ball State University, and freelances for different clients in technology and cryptocurrency. For more information, visit his personal website, claygillespie.com.




Feedback or Requests?

Altcoins

Crypto Market Development: South Korea’s National Policy Committee Chair Calls For ICO Legalization

Published

on

  • A member of South Korea’s governing Democratic party and the chairman of Korea’s National Policy Committee, Min Byung-Doo, is urging to ease the current regulations on Initial Coin Offerings (ICOs).
  • Min Byung-Doo wants to introduce necessary regulatory framework, allowing ICOs in the country.

Allow ICOs In South Korea

The South Korean National Policy Committee Chief, Min Byung-Doo, is calling for a regulatory framework to be explored. This would be to allow for Initial Coin Offerings (ICOs) to take place within the country. He stated that the current prohibiting of ICOs weakens the industry’s competitiveness appeal with foreign markets. Further boldly adding, this would be preventing growth.

In his statement at to lawmakers, Byung-Doo said, “We can see that the flow of investment is clearly changing compared to ICO and angel fundraising. The ICO has raised $1.7 billion for Telegram and $4 billion for Block.One, it is getting bigger and bigger.”

Further in the statement, Min Byung-Doo said, “Let the government, the National Assembly and the blockchain association quickly create a working group to block fraud, speculation, money laundering and develop the block-chain industry,”. However, he acknowledged the government’s reluctance to create the needed framework.

In September 2017, the Financial Services Commission in South Korea announced a ban on ICOs. The law has not yet been enacted.

Crypto Market Reaction

A lack of reaction has been observed for now, despite this determination to help further legitimize the digital currency market in South Korea. Crypto market developments in the country are always watched very carefully. This is given their large crypto market participation. It was reported in December 2017 that South Korea accounted for as much as 17% of all Ethereum trades occurring in cryptocurrency markets.

Market Reactions To South Korean Related News

Ripple (XRP) crashed in January, following CoinMarketCap’s decision to remove XRP price data from Korean exchange desks. This as a result largely brought down the total average.

XRP/USD Coinmarketcap update triggered drop

On 11th January, Korean crypto exchange Coinrail was hacked, and over $40 million in tokens were stolen. Bitcoin initially dropped over 11% on this.

BTC/USD Coinrail hack triggered drop

One final example, UPbit, a South Korean exchange, was investigated by authorities for illicitly moving customer funds to the account of its executives. Bitcoin initially dropped over 7% on the news.

BTC/USD UPbit investigation triggered drop

Given the above mentioned, one should keep an eye on any developments coming out of South Korea, for the foreseeable future.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.5 stars on average, based on 29 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




Feedback or Requests?

Continue Reading

Altcoins

Crypto Market Update: Japan’s Self-Regulatory Group (JVCEA) Readying Tighter Rules on Digital Assets

Published

on

  • A group of cryptocurrency exchange operators in Japan is readying to tighten up measures following recent cyber breach.
  • Action follows reported hack earlier in the month; cryptocurrency exchange Zaif lost an estimated $59.67 million.

Self-Regulatory Group Set To Tighten Rules

The Japan Virtual Currency Exchange Association (JVCEA) is exploring new rules to safeguard against cyber theft, including setting a cap on the amount of digital currencies managed online. This is citing informed sources, being reported by local news outlet, the Japan Times.

Informed sources detailed that the cap will likely to be around 10 – 20% of customer deposits. The JVCEA are said to be soon revising its rules, which were originally drawn up in June following multiple cyber attacks. These will be implemented once all has been approved by the Financial Services Agency. This is as part of the payment services law process in the country.

The move likely received large motive due to the reported hack earlier in September. The Japanese start-up Tech Bureau said that its cryptocurrency exchange, known as Zaif, had been hacked. Losses were estimated around $59.67 million of Bitcoin and two other digital currencies -Bitcoin Cash and Monacoin.

Market Reaction

No initial reaction was observed across the cryptocurrency market on this latest update, coming out of Japan as of Sunday 30th September. Despite this, however, Japan and crypto sell-off are not uncommon to have been used in the same sentence over the past years and even months. This means volatility could be in store for digital assets in the short term.

Back in January of this year, the largest reported hack on a Japanese exchange took place with Coincheck losing $530 million worth of NEM in a coordinated attack. This incident massively spooked the market, and was  a heavy contributor to the large sell-off in January. As we’ve observed over the past eight months, the market has yet to reclaim January’s peak (although this can’t be solely attributed to the theft). At the time, South Korea’s Attorney General had already spooked investors with FUD related to the possible banning of digital currencies in the country.

Against this backdrop, investors are advised to pay attention to Japan-related volatility.

BTC/USD weekly chart

Most recently, looking in the month of June, another sell-off was seen. This one came after Japan’s financial regulator ordered several cryptocurrency exchanges to improve their practices against money laundering. The action led bitFlyer — the country’s largest crypto exchange — to suspend new account creation. This was initiated to improve internal processes in order to curb money laundering and terrorist financing.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
1 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 51 vote, average: 5.00 out of 5 (1 votes, average: 5.00 out of 5)
You need to be a registered member to rate this.
Loading...

4.5 stars on average, based on 29 rated postsKen has over 8 years exposure to the financial markets. During a large part of his career, he worked as an analyst, covering a variety of asset classes; forex, fixed income, commodities, equities and cryptocurrencies. Ken has gone on to become a regular contributor across several large news and analysis outlets.




Feedback or Requests?

Continue Reading

Hacking Matter

The 2016 Nobel Prize in Chemistry Vindicates Radical Visions of Molecular Nanotechnology

Published

on

The Nobel Prize in Chemistry 2016 was awarded jointly to Jean-Pierre Sauvage, Sir J. Fraser Stoddart and Bernard L. Feringa “for the design and synthesis of molecular machines.” The award vindicates the dreams of nanotechnology enthusiasts, and points the way to the molecular nanotechnology proposed by Drexler in the eighties.

(more…)

Important: Never invest (trade with) money you can't afford to comfortably lose. Always do your own research and due diligence before placing a trade. Read our Terms & Conditions here. Trade recommendations and analysis are written by our analysts which might have different opinions. Read my 6 Golden Steps to Financial Freedom here. Best regards, Jonas Borchgrevink.

Rate this post:

Important for improving the service. Please add a comment in the comment field below explaining what you rated and why you gave it that rate. Failed Trade Recommendations should not be rated as that is considered a failure either way.
0 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 50 votes, average: 0.00 out of 5 (0 votes, average: 0.00 out of 5)
You need to be a registered member to rate this.
Loading...

Giulio Prisco is a freelance writer specialized in science, technology, business and future studies.




Feedback or Requests?

Continue Reading

Recent Comments

Recent Posts

A part of CCN

Hacked.com is Neutral and Unbiased

Hacked.com and its team members have pledged to reject any form of advertisement or sponsorships from 3rd parties. We will always be neutral and we strive towards a fully unbiased view on all topics. Whenever an author has a conflicting interest, that should be clearly stated in the post itself with a disclaimer. If you suspect that one of our team members are biased, please notify me immediately at jonas.borchgrevink(at)hacked.com.

Trending