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Tag: encryption

encryption 07 May 2025

The Man Who Forgot His Password — and Lost $220 Million in Bitcoin

Imagine owning a fortune… but being locked out of it. That’s exactly what happened to Stefan Thomas, a programmer who was given 7,002 Bitcoin back in 2011 for making a video about crypto. He stored the coins on a secure USB drive called...

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bitcoin lost crypto passwords stefan thomas ironkey cryptocurrency digital security

encryption 07 May 2025

The FBI Once Tried to Ban Encryption… with a Clipper Chip

In 1993, the U.S. government proposed a small hardware chip called the Clipper Chip, meant to be embedded in phones and computers. The goal? Allow federal agencies to access encrypted commun...

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clipper chip tech history encryption privacy surveillance fbi 1990s technology