Rhonda Kampert used her recovered Bitcoin to help her daughter, Megan, through universityShe bought six Bitcoins in 2013, when they cost about $80 each, and were the chatter of niche corners of the internet.
But when she saw headlines late in 2017 announcing that the value of Bitcoin had risen to nearly $20,000 she excitedly went to her computer to log in and cash out.Except there was a problem. She was missing some of the login details for her Bitcoin wallet - a computer program or device that stores a set of secret numbers, or private keys.
Rhonda is hoping the coins, currently worth $43,000 each, will go up in value again. She describes them as her retirement fund for when she wants to quit her job as a day trader in stocks and crypto-currencies.One estimate from crypto researchers Chainalysis suggests that out of the 18.9 million Bitcoins in circulation, as many as 3.7 million have been lost by owners.
"I was on a break from college, and I had done some travelling but was just home workshopping business ideas with my dad," says Charlie, now 20. "Cracking the wallet open was a huge adrenaline rush - I guess it's like a technical version of treasure hunting", Source: Joe Grand, Source description: Hardware hacker, Image: Joe Grand holding a crypto-wallet"Most of the time we can't actually tell what's inside the wallet so we have to trust the client that there is an amount that's worth the work we put in," Charlie says.
Another is Joe Grand, who started hacking as a teenager and is well known in the hacking community for testifying before the US Senate in 1998 about early internet vulnerabilities under his internet handle, Kingpin.He recently made aof a crypto-currency called Theta.
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