šØāš« The teacher who gifted his students bitcoins
š Year: 2013 š« Location: USA š° Gift amount: 0.1 BTC each (about $10 at that time) šØāš« A computer science teacher from the USA named Andreas Sandstrƶm decided to make the lesson memorable by giving students bitcoins. He explained the principles of blockchain, digital signatures, and the use of cryptocurrencies. At that time, 1 BTC was worth about $100. The teacher transferred funds to mobile wallets that the students installed on their phones or computers. He also explained how blockchains, digital signatures, and mining work.
The recent news of $15 billion worth of Bitcoin being sold has two main sources: Mt. Gox and the US government.
Mt. Gox: This cryptocurrency exchange, which went bankrupt after being hacked in 2014, has begun the process of distributing Bitcoin to its creditors. At the time of the hack, the exchange had around 141,690 BTC in its addresses. Currently, the platform has around 44,899 BTC left in its wallet, which is equivalent to $2.64 billion. The remaining Bitcoin is expected to be distributed by October 31, 2024.
US Government: US authorities are holding over 203,000 BTC worth $12.1 billion. These Bitcoins were confiscated as a result of various anti-crime operations. If these assets are sold on the open market, this could put significant pressure on the price of Bitcoin. These two sources could significantly affect the cryptocurrency market, increasing the supply of Bitcoin and potentially lowering its price. However, analysts believe that the market will be able to cope with this pressure without significant structural problems. #BTC
Current situation in the cryptocurrency and Bitcoin market Introduction The cryptocurrency market continues to be one of the most dynamic and volatile areas of the financial world. In 2024, we are seeing significant changes and events that impact the value and perception of cryptocurrencies, including Bitcoin.
The Styx Stealer virus is a new threat to cryptocurrency owners. It was discovered by researchers at Check Point Research and is capable of stealing browser data, Telegram and Discord messenger sessions, and cryptocurrency.
Styx Stealer is based on an older malware called Phemedrone Stealer. The virus steals passwords, cryptocurrency wallet data, and cookies from websites. It can also replace recipient addresses when making cryptocurrency transactions.
The creator of the virus offers it for rent for $75 per month or $350 for unlimited use. The virus uses sophisticated methods to bypass antivirus programs and is distributed through spam campaigns.
Be careful, anyone can afford it and use it as they please.
#MyFirstSquarePost I am new to Binance Square and am looking forward to sharing and interacting with everyone here!
There is a slight decline in the cryptocurrency market today. The global market capitalization is around ā½185.64 trillion, up 0.94% from the previous day. The total trading volume over the past 24 hours has decreased by 20.53% and is around ā½5.3 trillion.
Some of the leading cryptocurrencies are showing the following changes:
Bitcoin (BTC): ā½5,110,475.65 (+3.51% over the past 24 hours). Ethereum (ETH): ā½222,922.45 (+1.61% over the past 24 hours). Solana (SOL): ā½12,424.12 (+7.54% over the past 24 hours).