Pitt Lake float plane crash kills 1

CBC

One person has been killed and another is in hospital with undetermined injuries after a small plane crashed into Pitt Lake, east of Vancouver just after 4:30 p.m. PT Monday.

The Rescue Co-ordination Centre in Victoria says the Cessna 172 had taken off shortly before the crash from the nearby Pitt Meadows airport. Initial indications are the float plane was on a training run at the time of the crash.

Captain Eric Niemi said the injured person was picked up by a pleasure boat that was on the lake at the time.

A rescue helicopter that was training in Squamish at the time then arrived and dropped a search and rescue technican into the water, who swam to the plane and pulled one body out.

It'sA German telecommunications trade organization has published a new survey that shows little enthusiasm for bitcoin among financial executives.

The survey, carried out by the research arm of the German Association for Information Technology, Telecommunications and New Media (Bitkom), was put to 77 CEOs and 25 members of the board from a series of German financial services.

The group said that 95% of those surveyed believe digital currencies like bitcoin will see niche applications in the next ten years. Two percent of respondents said they believe bitcoin will become an widely accepted payment method, with the remaining 3% arguing that bitcoin will disappear by 2025.

The survey was conducted in July, the organization told CoinDesk.

The findings come after another Bitkom survey, carried out earlier this year, found that 36% of German