In 2018, a U.S man named Andrew Schober fell foul to a malware hack, resulting in the loss of 16.4 Bitcoin, around $800,000 at today’s price.After spending $10,000 to hire forensic specialists, Schober thinks he’s tracked down the culprits. But it turns out the alleged perpetrators are thousands of miles away, in England. The real kicker is that the suspected pair were minors … [Read more...] about Malware victim robbed of 16 Bitcoin to sue parents of young hackers
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NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act
One small step for NFTs...Two companies teamed up to stream a recording of composer Claude Debussy’s “Clair de Lune” to, and from, the International Space Station on July 28, reportedly marking the first instance in which a nonfungible token (NFT) has orbited the Earth.The orbital NFT expedition is the product of a partnership between Artemis Music Entertainment and space … [Read more...] about NFTs in space, defunct CryptoPunks, Ernst & Young gets in on the act
Young Koreans’ debt soars as they turn to crypto, stocks and real estate
Household debt for younger Koreans — those born from the 1980s onward — has surged to $22.7 billion, up from $3.9 billion from last year. Data from South Korea's Financial Supervisory Service (FSS), released today by Representative Kim Han-jeong of the Democratic Party of Korea, reportedly indicates that the high levels of lending are attributable to an increase in investments … [Read more...] about Young Koreans’ debt soars as they turn to crypto, stocks and real estate
Young Arabs are more ‘bullish’ on crypto investments than Westerners
News › United Arab Emirates › Adoption UAE investors were more upbeat on the future of the broader crypto market than Western expats, a survey found. Shaurya Malwa · May 18, 2021 at 5:00 pm UTC · 2 min read A recent survey by market research company YouGov in the United Arab Emirates (UAE) found young Emiratis were overall ‘more bullish’ than Western expats about the … [Read more...] about Young Arabs are more ‘bullish’ on crypto investments than Westerners
Young Koreans hooked on Bitcoin trading sparks “crypto addiction” fears
An article today from the leading South Korean newspaper Chosun Ilbo detailed the phenomenon of obsessive Bitcoin tracking and mentioned the impact of price fixation on the lives of young Koreans, even to the point of interfering with their work commitments.Psychological experts warn that compulsive price tracking may be part of a wider problem with cryptocurrency addiction, … [Read more...] about Young Koreans hooked on Bitcoin trading sparks “crypto addiction” fears