We've all been there - brain fog makes us forget our password and after eight frantic attempts, we have just two left.
His plight, reported in the New York Times , has gone viral. Mr Thomas, who was born in Germany but lives in San Francisco, was given 7, bitcoins as payment for making a video explaining how cryptocurrency works more than a decade ago. After 10 failed attempts, the password will encrypt itself, making the wallet impossible to access.
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He told the New York Times: "The whole idea of being your own bank - let me put it this way, do you make your own shoes? Call me.
Mr Thomas would not be the first potential Bitcoin millionaire to be locked out of their fortune. The New York Times article also references an entrepreneur who lost about bitcoins when a colleague reformatted a laptop containing the private keys to his wallet. And in , a Welsh man desperately searched a landfill site after throwing away a computer hard drive containing 7, bitcoins.
Bitcoin has surged in value in recent months. But the cryptocurrency is volatile. And experts are divided about whether it will continue to rise or crash. All this created greatly increased interest from services, investors and others from numerous industries, creating a flurry of investments, including Fireblocks Inc. The business has also seen the rise of bitcoin wallet service companies such as Curv Inc. The company intends to spend the new capital on expanding its products and hiring new employees to support that growth.
$ 300M ni ṣiṣan Bitcoin si Binance Lati Huobi bi China ṣe nira sii lori Awọn paṣipaarọ
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Insurance company CNA Financial goes offline following a cybersecurity attack.