@DustinB3403 said in Miscellaneous Tech News:
Digital exchange loses $137 million as founder takes passwords to the grave
A cryptocurrency exchange in Canada has lost control of at least $137 million of its customers’ assets following the sudden death of its founder, who was the only person known to have access to the offline wallet that stored the digital coins. British Columbia-based QuadrigaCX is unable to access most or all of another $53 million because it’s tied up in disputes with third parties.
Cryptocurrencies present a whole new opportunity for going from rich to nothing in an instant. With traditional banking, it's essentially impossible for large sums of money to just cease to exist in that way.