The Stern School to launch Cryptocurrency Course

The Stern School plans to offer a new undergraduate course to learn about blockchain and cryptocurrencies
01 December 2017   824

New undergraduate course

The New York University Leonard N. Stern School of Business was the first major university to launch a course in the nascent field of blockchain and cryptocurrencies. Now Stern plans to offer a new undergraduate course to learn about the field as well.

Challenges

Universities that intend to offer classes about bitcoin, blockchain and cryptocurrency face two major problems.

First, this field is changing at an incredible speed.

Year over year we’ll change well over half the course material. It keeps you young to be reading half the night just to keep up with the latest innovations.

 

David Yermack

Professor of finance, the NYU Stern School of Business

Secondly and more importantly, the field is lacking in professionals.

Our biggest challenge is finding enough people to teach the courses.

 

David Yermack

Professor of finance, the NYU Stern School of Business

Alternatives

There are already scores of internet tutorials, many of them available free as massive open online courses. Coursera, an education-focused tech company, has joined with Princeton University to offer an 11-week online cryptocurrency technologies course. At the other end of the spectrum is B9lab, a fee-charging institution based in London and Hamburg offering a 40-hour online course in blockchain for technical executives and analysts spread over 9 weeks at a cost of €2,350.

Crypto Investor to File Lawsuit Against AT&T

Michael Terpin believes that AT&T helped scammers to still his $24M worth crypto
16 August 2018   120

In the Los Angeles District Court, a 69-page lawsuit was filed by BitAngels founder Michael Terpin against the American telecom giant AT&T. Terpin claims that the operator assisted fraudsters in "stealing digital personal data" from the account on his smartphone, which is why he lost $ 24 million in cryptocurrency, according to an official release.

According to Terpin, for seven months, there were two hacks. Initially, an attacker got access to his phone number without providing a password or correct identification data. Later, the phone number was used to steal crypto.

AT&T’s studied indifference to protecting its customers’ privacy and financial assets is a metastasizing cancer, threatening hundreds of millions of unsuspecting AT&T’s customers. Our client had no idea when he initially signed up, nor when later he was promised the highest level of security for his account, that low-level retail employees with access to AT&T records, or people posing as them, can be bribed by criminals to override every system that AT&T advertises as unassailable.
 

Pierce O’Donnell
Lead counsel for Terpin in this complaint

Michael Terpin requires AT & T to pay him $ 224 million - $ 200 million for moral damages and $ 24 million for actual theft.