A German programmer has two guesses to unlock bitcoin worth $240 million

Stefan Thomas, a German-born programmer living in San Francisco, has two guesses left to figure out a password that is worth, as of this week, about $220 million. The password will let him unlock a small hard drive, known as an IronKey, which contains the private keys to a digital wallet that holds 7,002 Bitcoin. While the price of Bitcoin dropped sharply on Monday, it is still up more than 50 percent from just a month ago, when it passed its previous all-time high of around $20,000. The problem is that Mr. Thomas years ago lost the paper where…

Turn Marketing Goals Into Wins for Your Business

January 12, 2021 5 min readOpinions expressed by Entrepreneur contributors are their own. If your company achieved one million social media impressions, was featured twice in “The New York Times,” and earned a new celebrity endorsement last month, you might think your marketing campaign was a tremendous success. However, if your marketing goals aren’t linked to your overall business goals, all of these numbers are actually more about vanity and less about growth. They sound good, but ring hollow in terms of forwarding your organization’s goals and priorities. Your marketing department will best support business strategy when working in…

Do you really want a CEO to be a role model?

When Fortune magazine named Elon Musk as the 2020 Businessperson of the Year, its CEO, Alan Murray, announced the news with palpable distaste: “I have never been a Musk fanboy; he is a mix of some of the worst characteristics of today’s leaders — more messianic than Adam Neumann, as allergic to rules and governance as Travis Kalanick, nearly as narcissistic as Donald Trump.” So why honor Musk? He has been extraordinarily successful at turning bold visions into successful companies. As a result, Tesla’s stock is up more than 1,000 percent since the summer of 2019, making its CEO and…

Nifty achieves another milestone as valuation hits all-time high of 40x

The benchmark Nifty50 index on Tuesday reached another milestone in its journey to scale fresh peaks. The index price-to-earnings (P/E) multiple reached an all-time high of 40x on Tuesday when it made an intra-day high of 14,590.65. The index closed the day with a P/E multiple of 39.9 and earnings per share (EPS, or earnings per unit of the index) of Rs 364.6. This is first time in 25 years that a benchmark equity index in India is trading at a P/E multiple of 40x or higher. The BSE Sensex had last traded at 40x or…

How to Make Money With Your Own Email Newsletter

January 11, 2021 6 min readOpinions expressed by Entrepreneur contributors are their own. It’s not fair, but it’s a fact: business-to-business (B2B) newsletters don’t get as much attention as business-to-consumer (B2C) emails. According to the DMA, B2B newsletters have an average open rate of 20.6 percent, which is 1.8 percent lower than B2C emails. On the other hand, it’s fascinating to look at these stats: When it comes to ROI, email reigns supreme in both B2B and B2C industries: the average return is $42 for every $1 spent. Nonetheless, B2B newsletters can be a challenge for many companies. What…

India’s digital-first banker

The Inside the Mind of the CEO interview series explores a wide range of critical decisions faced by chief executives around the world. For more insight, see PwC’s CEO Survey. When Prime Minister Indira Gandhi nationalized India’s banking system in 1969, more than 80 percent of the country’s bank assets were brought under government control. With liberalization in the early 1990s, the balance began to shift, and today private banks claim about 35 percent of the market — a figure that is poised to grow in coming years. At the center of this activity is Uday Kotak, CEO of…

Bitcoin falls more than 19{bce2ac57dae147ae13b811f47f24d80c66c6ab504b39dda4a9b6e8ac93725942} to face biggest one-day drop since March

Bitcoin plunged more than 19 per cent to a one-week low on Monday, putting the cryptocurrency on track for its biggest one-day drop since March as its recent red-hot rally hit the buffers. Bitcoin and other digital coins tanked on Monday, wiping some $200 billion off the cryptocurrency market. Bitcoin slumped $30,699, its lowest since January 5, after extending earlier losses in Asian trading hours and was last down 15 per cent at $32,675. If sustained, the one-day drop would be the biggest since Covid-19 caused chaos in financial markets in March. …

Strike first, daddy! Las Barras Praderas ‘train’ at Mexico’s Cobra Kai dojo

Netflix knows that Mexico is its second most important market and that is why it recruited a new “sensei” from the famous community gym located in Naucalpan de Juárez.Free Book Preview Ultimate Guide to Facebook Advertising Get a glimpse of how to use Facebook’s marketing resources to your business’s advantage. January 8, 2021 3 min readThis article was translated from our Spanish edition using AI technologies. Errors may exist due to this process. Netflix knows that its second-largest consumer market is Mexico ( according to Kantar’s figures ) and that is why it has always had special marketing…