Veeam cloud and service provider Probax has appointed Tony Stratton to the role of APAC sales director. "Prior to joining Probax, Stratton held si.
Bitcoin, which has been on an extraordinary and volatile eight-month run, has made a lot of its holders very rich in a short period of time, even as the coronavirus pandemic has ravaged the world economy. But the cryptocurrencys unusual nature has also meant that many people are locked out of their Bitcoin fortunes as a result of lost or forgotten keys.
Lost Passwords Lock Millionaires Out of Their Bitcoin Fortunes
Nathaniel Popper, New York Times
Jan. 12, 2021
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In this file photo taken on September 24, 2020 This photograph taken on September 24, 2020 shows a physical imitation of a Bitcoin at a crypto currency Bitcoin Change shop, near Grand Bazaar, in Istanbul.Ozan Kose/AFP via Getty Images
Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million.
The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 bitcoins. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50% from just a month ago when it passed its previous all-time high around $20,000.