Saturday July, 21st 2018

Bitconnect, the lending and exchange platform that was long suspected by many in the crypto community of being a Ponzi scheme, has announced it^s shutting down. In a release on its website the platform said the shutdown is attributed to "continuous bad press" surrounding the platform, two cease and desist letters from both Texas and North Carolina^s securities boards, and continuous DDoS attacks on the platform. While the platform says they^re refunding all outstanding loans at a rate of $363.62 USD (an average of the token^s price over the last 15 days), the Bitconnect token is currently trading down ~80% and worth less than $40, so while users may have been made whole on a BCC-equivlent, many are certainly suffering severe financial losses in terms of USD or Bitcoin (which is how they made their original investment). Many in the cryptocurrency community have openly accused Bitconnnect of running a Ponzi scheme, including Ethereum founder Vitalik Buterin. The platform was powered by a token called BCC (not to be confused with BCH, or Bitcoin Cash), which is essentially useless now that the trading platform has shut down. In the last The token has plummeted more than 80% to about $37, down from over $200 just a few hours ago.

The Windows 10 April Update is causing more stress for users, with many claiming their PCs were wiped clean after they hit OK on the update prompt.
Windows message boards were bombarded with complaints after users found that the "restart and install" prompt for the Windows 10 update led to a blank screen with a message saying:

C:\WINDOWS\system32\config\systemprofile\Desktop is unavailable. If the location is on this PC, make sure the device or drive is connected or the disc is inserted, and then try again. If the location is on a network, make sure you^re connected to the network or internet, and then try again. If the location still can^t be found, it might have been moved or deleted.

The screen has no icons and a few users were only able to remedy the problem with the help of another PC, a luxury many do not have access to.