I noticed from the LEDs that turn off and on again at equal intervals of time.
That does sound like a bootloop.
Have you attempted any firmware updates?
but I realized that I can not even reset it.
I have a vague recollection that there is a reset button under the small hatch under the sun cover.
If so - power off, press the button, power on and keep the button pressed for at least 20 seconds.
Have you allowed access in to the camera from the internet? eg 'port forwarding' or UPnP enabled on both the router and camera.
If so - it may have been hacked.