The price of a single Bitcoin just reached $10,000 on some exchanges, two months after it topped $5,000 for the first time. That’s a stupendous and unprecedented uptick, given that the Dow Jones Industrial Average in its biggest year (1915) went up 82 percent, which equates to one-tenth of Bitcoin’s rise. The price has been pushed upwards by new buyers from around the globe — Japan and South Korea are hotspots — enticed with the idea of storing money outside of the control of governments and companies. Continue reading Bitcoin and Virtual Currencies Skyrocket, Skeptics Concerned

Virtual reality startup Nomadic is integrating real-world physical objects, such as a flashlight, into its VR experiences. Among the other physical objects are leaky pipes that let off real hot air, a file cabinet that has to be opened to retrieve a real gun replica, and a virtual door with a real doorknob. The idea, according to Nomadic chief executive Doug Griffin, is that such real objects can add a feeling of magic to virtual reality. The company demonstrates these capabilities with an Oculus Rift VR headset. Continue reading Bringing Modular Sets and Physical Objects to VR Experiences

Four iconic movie sets recently received a 3D makeover by Dutch artist Siebe de Boer. The artist created fully three-dimensional computer models of the Greenwich Village courtyard from “Rear Window,” the modernist living room of “Gattaca,” the Shangri-La towers of “Brazil,” and the War Room from “Dr. Strangelove.” While the original sets used optical illusions to appear three-dimensional, de Boer’s versions use detailed artistry to allow viewers to look at the sets from any angle. Continue reading Artist Offers New Views of Iconic Movie Sets with 3D Models