An Interest In:
Web News this Week
- April 26, 2024
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
Some of Our Sources
View All SourcesCryptocurrency-rich make magic internet money rain in Vegas
It was late Saturday night at Caesars Palace in Las Vegas, and an extremely stoned man was trying to bribe his way into the city's hottest cryptocurrency party — and it wasn't working.
To get to that point, he'd have already waited in a line for 30 minutes just to ride the elevator up to room 6116 in the hotel's Forum Tower. It was clear he was past ready to start celebrating — this was Saturday night at the DEF CON hacker convention, after all — and someone else was footing the bill.
That would be Monero, the popular privacy-focused cryptocurrency that's been on a wild ride since it was released in 2014. It had skyrocketed in value from around $1 in the summer of 2016 to a high of almost $500 in January of this year, before falling back to about $80 today — making a host of early adopters incredibly wealthy in the process. Read more...
More about Blockchain, Def Con, Cryptocurrency, Monero, and TechOriginal Link: http://feeds.mashable.com/~r/mashable/tech/~3/7dNx0Xt5yZw/
Mashable
Mashable is the top source for news in social and digital media, technology and web culture.More About this Source Visit Mashable