James Howells, who lost a hard drive containing 7,500 bitcoins in a landfill more than a decade ago, is now in a legal battle to recover it. The bitcoins are currently valued at around £500 million, prompting Howells to sue Newport City Council, which claims that anything in the landfill belongs to them. Howells asserts ...
Bitcoin has seen a significant increase in inflows to centralized exchanges since December 1, indicating a potential selloff. Data shows a jump from a net outflow of $69 million to a net inflow of $326 million, with a major influx of $230 million on December 3. Overall, over $562 million entered these platforms recently. Activity ...
A UK man named James Howells is attempting to sue his local council for access to a buried hard drive that he claims contains a Bitcoin wallet worth £600 million (over $1.1 billion). Howell’s girlfriend accidentally discarded the hard drive in 2013, which ended up in a landfill managed by Newport County authorities in Wales. ...
A man from the UK is suing his local council over a Bitcoin hard drive that was buried in a landfill more than ten years ago. James Howells believes the Bitcoin wallet could now be worth £600 million, or over $1.1 billion. He claims that his girlfriend accidentally threw out the hard drive in 2013. ...
On December 3rd, Stratos Jets, a top private jet charter service in the U.S., announced a new partnership with BitPay to accept cryptocurrency payments. This means customers can now book private jet charters using Bitcoin and over 100 different cryptocurrencies through the BitPay app. This innovative payment method not only enhances the customer experience but ...
James Howells, a man from Newport, is in court trying to recover a hard drive containing Bitcoin worth around £600 million, which he claims was mistakenly thrown away by his ex-partner and is now buried in a landfill. He has alleged that the council is refusing him access to the site and is seeking either ...
MicroStrategy, a major player in business intelligence, is energetically working towards raising $21 billion through stock sales to finance its Bitcoin purchases. Within a month of announcing this plan, the company has already secured about half of this amount, according to Bloomberg. Recently, MicroStrategy sold 3.7 million shares, using the $1.5 billion earned to buy ...
Billionaire Tim Draper believes that Bitcoin might be on a significant rally, potentially reaching $250,000 by the end of 2025. This projection follows a recent surge in Bitcoin’s value, which is currently around $97,000. Draper views Bitcoin as a superior payment technology that could revolutionize the financial system if mainstream adoption increases. He mentions the ...
Bitcoin ETFs are now holding a substantial amount of Bitcoin, nearly equal to what Satoshi Nakamoto, Bitcoin’s creator, has in their wallet. US-based ETFs own over 1 million Bitcoin, accounting for about 5% of the total supply, driven by remarkable Market performance. There are discussions in the Senate about potentially purchasing another million Bitcoin by ...
In 2021, El Salvador became the first country to adopt Bitcoin as legal tender under President Nayib Bukele. This bold move aimed to integrate cryptocurrency into the nation’s economy, promoting financial inclusion and innovation. Since November 2022, the government has been executing a “1 Bitcoin per Day” program, where they commit to purchasing one Bitcoin ...
