The Reading / Listening - Level 0

A company in Japan lost $473 million (850,000 bitcoins). The company is called Mt. Gox. It was one of the world's biggest Bitcoin companies. It said hackers stole the money. The boss said sorry to thousands of angry people. They lost their money. Bitcoin is online money. Anyone can buy and use bitcoins without a bank.

The end of Mt. Gox was not a surprise. There are no laws for Bitcoin. People say Bitcoin will be stronger. Better security will make Bitcoin safer. The boss of a Bitcoin company said Bitcoin's short history is full of hacking. He said after every hack, Bitcoin came back stronger.

Try the same news story at these levels:

    Level 1,  Level 2   or  Level 3

Sources
  • www.washingtonpost.com/business/technology/mt-gox-collapse-spurs-calls-to-regulate-bitcoin/2014/02/28/df44f5c6-a0b7-11e3-a050-dc3322a94fa7_story.html
  • http://online.wsj.com/news/articles/SB10001424052702303801304579410010379087576
  • http://en.wikipedia.org/wiki/Bitcoin


Make sure you try all of the online activities for this reading and listening - There are dictations, multiple choice, drag and drop activities, crosswords, hangman, flash cards, matching activities and a whole lot more. Please enjoy :-)

The Activities

MATCHING

PARAGRAPH ONE:

1.

A company in Japan lost

a.

sorry

2.

one of the world's

b.

money

3.

It said hackers

c.

people

4.

The boss said

d.

without a bank

5.

thousands of angry

e.

biggest

6.

They lost their

f.

$473 million

7.

Bitcoin is online

g.

stole the money

8.

Anyone can buy and use bitcoins

h.

money


MY e-BOOK
ESL resource book with copiable worksheets and handouts - 1,000 Ideas and Activities for Language Teachers / English teachers
See a sample

PARAGRAPH TWO:

1.

The end of Mt. Gox was

a.

a Bitcoin company

2.

There are no laws

b.

be stronger

3.

People say Bitcoin will

c.

came back stronger

4.

Better security will make.

d.

history

5.

The boss of

e.

not a surprise

6.

Bitcoin's short

f.

hacking

7.

full of

g.

for Bitcoin

8.

after every hack, Bitcoin

h.

Bitcoin safer

LISTEN AND FILL IN THE GAPS

A (1) ___________________ $473 million (850,000 bitcoins). The company is called Mt. Gox. It (2) ___________________ world's biggest Bitcoin companies. It (3) ___________________ the money. The (4) ___________________ thousands of angry people. They (5) ___________________. Bitcoin is online money. Anyone (6) ___________________ bitcoins without a bank.

The end of Mt. Gox (7) ___________________. There are no laws for Bitcoin. People say Bitcoin (8) ___________________. Better security will (9) ___________________. The boss of a Bitcoin company said Bitcoin's (10) ___________________ full of hacking. He (11) ___________________ hack, Bitcoin (12) ___________________.

PUT A SLASH ( / )WHERE THE SPACES ARE

AcompanyinJapanlost$473million(850,000bitcoins).Thecompanyisca
lledMt.Gox.Itwasoneoftheworld'sbiggestBitcoincompanies.Itsaidhack
ersstolethemoney.Thebosssaidsorrytothousandsofangrypeople.Theyl
osttheirmoney.Bitcoinisonlinemoney.Anyonecanbuyandusebitcoinsw
ithoutabank.TheendofMt.Goxwasnotasurprise.TherearenolawsforBitc
oin.PeoplesayBitcoinwillbestronger.BettersecuritywillmakeBitcoinsaf
er.ThebossofaBitcoincompanysaidBitcoin'sshorthistoryisfullofhacking
.Hesaidaftereveryhack,Bitcoincamebackstronger.

WRITE QUESTIONS & ASK YOUR PARTNER(S)

Student A: Do not show these to your speaking partner(s).

a)

________________________________________________________

b)

________________________________________________________

c)

________________________________________________________

d)

________________________________________________________

e)

________________________________________________________

f)

________________________________________________________

-----------------------------------------------------------------------------

Student B: Do not show these to your speaking partner(s).

a)

________________________________________________________

b)

________________________________________________________

c)

________________________________________________________

d)

________________________________________________________

e)

________________________________________________________

f)

________________________________________________________

WRITING

Write about digital money for 10 minutes. Read and talk about your partner's paper.

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

_____________________________________________________________________________

Answers

(Please check your answers against the article above.

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