700,000 Bitcoin Lost Eight Years Ago Today: Learning From The Fall Of Mt. Gox
On February 24, 2014, infamous bitcoin exchange Mt. Gox went offline after 744,000 BTC — worth billions of dollars today — was stolen.Today marks the eighth anniversary of the fall of Mt. Gox, the once-popular online exchange that at one point accounted for the majority of all Bitcoin transactions.Tokyo-based Mt. Gox, whose domain (MtGox.com) was originally registered in 2007 to host a trading site for the wildly popular “Magic: The Gathering” game cards, began operating as a rudimentary bitcoin exchange in late 2010. However, as business began to drive huge traffic, the owner sold the....
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When it comes to learning people to code, efforts have to start at a very young age. As we humans grow older, we become less keen on learning new things. Especially coding is an odd creature in that regard, as it is one of the more difficult things to learn at a later age. Fisher Price has come up with a bright solution to stimulate young children in learning to code. Learning young children the benefits of coding and developing will go a long way in creating more IT-oriented adults in a few years from now. As our society evolves into a more digital state of mind, the need for IT....
The MIT Media Lab's Learning Initiative and Learning Machine have released the first version of an open-source project that builds an ecosystem for creating, sharing and verifying blockchain-based educational credentials. The project represents the first step in a broader undertaking that is focused on creating new technologies and collaborating to evolve standards that lift the entire ecosystem. The MIT Media Lab's Learning Initiative integrates learning-related projects across different research groups, develops new technologies for creative learning, and uses the Media Lab as a platform....
Reaching 1 GBP = $1.04, the pound has crash-landed, marking a record low against the U.S. dollar following the new prime minister’s budget announcements. The Great British pound sterling has fallen to the lowest level ever against the United States dollar. In a flurry of overnight trading activity, the pound reached lows of 1 pound = $1.04. It lost 5% of its value in a spiral.The United Kingdom’s sovereign currency, the pound sterling, is the world’s oldest currency that is still in use today. It is currently clinging above USD-pound parity, since regaining $.03 cents, bouncing to 1 pound....
Crypto markets were down across the board on Tuesday, as bears re-entered the market, following strong gains on Monday. SOL was one of the tokens to fall, as it lost just over 10% of its value. NEAR also slipped by over 10% during the session. Solana (SOL) SOL was one of the most notable tokens to fall during today’s session, as crypto markets fell victim to the latest bearish wave. The world’s ninth-largest cryptocurrency dropped to an intraday low of $48.29 on Tuesday, following a peak of $54.25 the day before. As a result of this move, SOL/USD fell marginally below its....