In today’s Up First newsletter, we look at the job Market‘s recent status just before economic turmoil, with a forthcoming Labor Department report expected to show solid growth despite recent federal job cuts. President Trump signed an executive order to establish a strategic bitcoin reserve, aiming to position the U.S. as a leader in cryptocurrency. ...
In Abkhazia, a breakaway region backed by Russia, authorities recently raided a cryptocurrency mining operation, discovering a cooling cabinet filled with mining equipment but no drugs or weapons. Despite cryptocurrency mining being banned in the region, it has thrived due to low energy costs, leading to significant power shortages and severe blackouts affecting residents. As ...
In a Welsh landfill lies a hard drive that could unlock nearly $800 million in bitcoin, which James Howells accidentally discarded in 2013. After years of legal battles with the local council for permission to dig it up, Howells has proposed a bold new plan to buy the landfill outright. Despite previously offering over $70 ...
James Howells, a man who accidentally threw away a hard drive containing 8,000 Bitcoins worth approximately $750 million, has faced a tough legal blow. After fighting for years to dig up the drive from a landfill, a judge has dismissed his case, leaving Howell feeling defeated and hopeless. He expressed deep disappointment about not even ...
James Howells, who mistakenly threw away $750 million worth of Bitcoin, has come to terms with the reality of his situation after a judge dismissed his request to excavate a landfill for his lost hard drive. Describing the ruling as “gut-wrenching,” the 39-year-old acknowledged it’s likely “game over” for his hopes of recovering the fortune. ...
A new proposal in Switzerland aims to change the Constitution, requiring the Swiss National Bank to hold Bitcoin as part of its monetary reserves, alongside gold. This initiative, led by the think tank 2B4CH and Tether’s Giw Zanganeh, needs 100,000 signatures by June 30, 2026, to move forward. It follows a previous attempt in 2021 ...
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 ...
Jackie Sawicky, the founder of the Texas Coalition Against Cryptomining, has decided to end her three-year fight against Bitcoin mining in Texas. She cites the recent election of Donald Trump and his pro-crypto policies as a significant factor in her decision. Sawicky’s activism aimed to address the environmental and community impacts of Bitcoin mining, including ...
The global surge in data centers is driving Big Tech to explore new energy solutions to support the growing demands of artificial intelligence. Options like nuclear power, liquid cooling, and advancements in quantum computing are on the table to meet this need. Experts caution that the environmental costs of this AI boom are often overlooked, ...
