For most teenagers Minecraft remains just a hobby, but one Ukrainian schoolboy’s love for the game has meant he can now afford to buy his homeless mother a house. Lomond School pupil Maksym Gavrylenko has made a “substantial” sum after selling the server he ran from his bedroom, which allows gamers from all over the world to connect to and play together on, with friends. The 17-year-old boarding school pupil said: “I am very proud that I was able to turn my passion into a profitable business and I plan on treating my mother. “As a result of the war, she was forced to flee her home, leaving her homeless, so to buy her a property will make all the hours spent on this project worthwhile.” She is currently staying with friends in Portugal, but intends to settle close to her son. Other family members of Maksym’s remain in his war-torn homeland. His grandparents would not leave Kyiv, having lived there their whole lives, and his sister stayed in the country as her partner had to sign up to defend Ukraine. Making enough money from selling the gaming company he set up to buy his mother a house was something he never expected, the teenager said, with he and his friends embarking upon the project for fun. “We never imagined it would develop into a viable business opportunity, but with guidance from my brother who works in tech, and the school, I was encouraged to explore the possibilities to turn it into something bigger,” Maksym said. His success comes after he moved from Ukraine to Scotland in 2021 and bought a little-used Minecraft server for £1,000, and in the years that followed he and two friends made changes which resulted in a huge rise in players. Along with this, advertisers were attracted to the server, and its value increased. And because of the influx, Lomond School said a lucrative offer was made by a tech firm, which was accepted in May this year. I have no doubt that this won’t be the last we hear about one of Maksym’s business ventures Johanna Urquhart, Lomond School principal Now with one business success under his belt, Maksym wants to expand on his knowledge by going to university and has applied to a mixture of UK and overseas universities. “I don’t know what the future holds, but I’ve always had an interest in business having worked as a part-time translator and a writer in Ukraine,” said the student, who studies at the school in Helensburgh, in Argyll and Bute. “As well as having a passion for gaming, I really enjoyed the entrepreneurial side of our project, and I have applied to universities around the world to study business management.” His preferred choice for university is south of the border in England. Johanna Urquhart, Lomond School principal, said what Maksym had achieved was “absolutely incredible”. “I have no doubt that this won’t be the last we hear about one of Maksym’s business ventures,” she said. Read More Ukraine-Russia war news – latest: Putin’s troops ‘swept away’ in flooding from dam collapse, says Kyiv Watch live view of flooding in Kherson after destruction of Dnipro river dam Massive destruction after Ukraine dam collapse revealed in new satellite images

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Online gamblers bet hundreds of thousands of dollars on whether the submarine that went missing on a recent expedition to the Titanic, in what online critics called a “dystopian” use of digital finance. Since Wednesday, people wagered at least $300,000 on the fate of the vehicle using the crypto platform Polymarket, Mother Jones reports. On the site, betters buy and sell shares on the outcomes of events using cryptocurrency, and can redeem their shares for $1 each if their guesses are correct. Follow the latest updates on the missing Titanic submarine here “For the purposes of this market, the vessel need not have been rescued or physically recovered to be considered ‘found,’” reads the description page for the submarine bets. “If pieces are located, but not the cabin which contains the vessel’s passengers, that will not suffice for this market to resolve to ‘Yes.’” One user, asking only to be identified by his first name, Rich, told Mother Jones he made around $3,250 betting. He argued what he was doing was morally defensible because unlike the regular stock market, it had no impact on the fate of the entity being wagered upon. “My answer would be that markets are fundamentally immoral. There’s no ethical consumption under capitalism,” Rich said. Others weren’t so sure. Social media users racked up thousands of likes criticising such gamblers. “Actually insane,” one commenter wrote. “Imagine making money off of if someone is gonna die or not.” Polymarket defended its offerings on the submarine, arguing that it was a neutral way of calculating the likelihood of a rescue. “If the families were privy to Polymarket, they could use the market as a way to obtain the real-time, unbiased probability of the submarine being recovered,” the company said in an email to Gizmodo. “That is a far more valuable service to them than sensationalist media coverage: with our markets at least they understand the true probabilities.” Bookmakers take bets on nearly everything, from sports to sex tapes, but the industry does have some lines regarding poor taste. According to Betting Gods, a gambling industry tip site, most major bookmakers refused to take bets regarding the death of Queen Elizabeth. “Major bookmakers won’t bet on the Queen dying as it would offend most of its regular customers. Whether they all agree with Britain having a royal family or not, most people would prefer to bet on a variety of other things such as sports,” the site wrote in an article. “When asked the question of why bookmakers won’t bet on what age the queen will die, the spokespeople of all the major bookmakers were unanimous in saying that it was important that people understand where the parameters of bad taste bets can’t be crossed.” Read More US launches prosecutions of Chinese companies on charges of trafficking fentanyl ingredients Titanic sub latest - Coast Guard makes stunning admission about ‘explosion’ when submersible lost contact OceanGate CEO said he was ‘personally insulted’ by ‘baseless cries’ about Titanic sub’s deadly safety flaws Federal court halts ‘suppressive’ Florida drag ban Florida's law targeting drag shows is on hold under federal judge's order Recovery could cost millions as Coast Guard stunningly admits submersible ‘explosion’

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