Home > Latest > Body

Junk yard management expert: James Howells has almost no chance of retrieving a hard drive with $669 million worth of bitcoin

clock
2025-02-25 15:38:45
James Howells, an IT engineer from Newport, accidentally discarded a hard drive worth $669 million in bitcoins. Although he is trying to enter the landfill through legal means or buy the site outright. However, a British scrap yard management expert has questioned the possible recovery, claiming that the chances of finding the lost hard drive and recovering $669 million worth of bitcoins are almost nil.
Howells, a computer engineer from Newport, South Wales, believed his ex-wife mistakenly discarded a hard drive containing a bitcoin wallet in 2013 and took legal action, trying to enter a local landfill or asking Newport City to pay 495 million pounds ($609 million).
At the December hearing, the court learned that Howells, an early user of bitcoin, had mined more than 7,500 bitcoins in 2009, when their value was low. However, the judge dismissed the case on January 9, saying that because so much time had elapsed, the case was not well-founded and "if the case went ahead, the chances of success would be almost nil". British Commercial Waste said that even if Howells managed to get onto the site, the probability of him finding the hard drive from the landfill 1.40 million tonnes of rubbish was only one in 902 million.
Web3 Desktop Trading Tool
Stay ahead of the game in the cryptocurrency space.

7x24 Newsflash

06:03 2025-04-04
The Commonal community issues a UIP-6 proposal, proposing to raise the USD0 ++ lower limit to $0.92
The RWA stablecoin issuer, Commonal Community, has released the "Maximizing Value for USUALx Holders" UIP-6 Proposal, which proposes to increase the floor price of USD0 ++ from $0.87 to $0.92 and redistribute the 47 million USUAL tokens collected since early redemption to USUALx holders by the second quarter of 2025. The proposal states that the USUALx ecosystem faces unfair arbitrage issues, with an estimated $11.1 million in lost revenue annually through the early redemption mechanism, reducin...
05:30 2025-04-04
Real Vision analyst: high-quality counterfeit products are expected to recover in June
Jamie Coutts, chief cryptocurrency analyst at Real Vision, said that counterfeit products may only see one last increase this cycle, but only those with real utility and strong network activity will see price increases. Coutts advises traders to pay attention to "trends" in online activity as a "north star" for how to trade cryptocurrencies. Coutts expects counterfeit products to really start picking up by June, assuming that Bitcoin will return to its all-time high by then.
05:02 2025-04-04
The Nikkei 225 index fell 4.00% during the day, and Nasdaq futures expanded their decline to 1%.
According to market information, the Nikkei 225 index fell by 4.00% during the day and is now trading at 33,339.42 points. In addition, Nasdaq futures expanded their losses to 1%, S & P 500 futures fell 0.85%, and Dow futures fell 0.75%. (Jin Ten)
04:53 2025-04-04
Infected announced that it will migrate from Base to Solana, claiming that EVM expansion is limited
The chain game project Infected announced that it will be migrating from Base to Solana, saying that Base cannot handle the large number of transactions when its games go live, and pointed out that this issue is a structural scaling bottleneck facing all EVM chains. The team said that Solana is better suited to building consumer applications in terms of user base and developer culture. In response, Jesse Pollak, the head of the Base protocol, responded that the Base network was operating normall...
04:38 2025-04-04
Michael Saylor: Bitcoin has the characteristics of a risk asset in the short term because it is the most liquid
Michael Saylor, in response to the question "Bitcoin and US stocks converge" on the X platform, said that bitcoin trades like a risk asset in the short term because it is the most liquid, best-selling, all-weather asset on the planet. In times of panic, traders sell what they can, not what they want to. That doesn't mean it has a long-range dependence - it just means it's always available.
04:35 2025-04-04
Chain game platform Ultra completes $12 million financing, NOIA Capital participates
Blockchain gaming platform Ultra announced the completion of a new round of financing of $12 million, with Luxembourg-based NOIA Capital participating through its digital asset fund. The company also announced the appointment of former Circle Strategies partner Maxime van Steenberghe as chief operating officer. The new funds will be used to support its blockchain-based game publishing platform similar to Stream, and will also recruit talent, expand and upgrade the platform, and make strategic ac...
04:35 2025-04-04
A whale's internal purchase of $2.41 million worth of MKR, PENDLE and HYPE in the past 7 hours
According to Spot On Chain's monitoring, large investors with addresses of "0xe86" have actively adjusted their portfolios in the past seven hours and concentrated on buying multiple DeFi tokens. Specifically include: Purchased 953.3 MKR worth approximately 1.21 million USD Buy 230,500 PENDLE worth about 707,000 USD A total of 42,900 HYPE were ordered at $11.25 and $11.49 respectively, with a total value of approximately $488,000 It is worth noting that the investor funded the above purchase by ...
04:02 2025-04-04
Golden Noon News | List of important events at noon on April 4
7:00-12:00 Keywords: Unicoin, tariffs, Coinbase 1. Unicoin founder calls on SEC to end investigation of his company. 2. Borderless CEO: Circle IPO is facing high cost pressure; 3. Founder of Bridgewater Fund: The tariff system could exacerbate global stagflation. 4. The former CEO of Bithumb was still paid $3.50 million by the company during his imprisonment; 5. Bitcoin startup boom, raising $1.20 billion since 2021; 6. Coinbase has applied to the CFTC to launch XRP futures, which are expected t...
03:50 2025-04-04
4E: Aggressive tariff policies hit U.S. stocks and crypto markets hard, global recession fears intensify
On April 4th, according to 4E monitoring, Trump's far more aggressive tariff plan than the market expected has triggered strong concerns among investors about a full-blown trade war that could lead to an economic recession. All three major U.S. stock indexes closed sharply lower on Thursday, with the Nasdaq index falling 5.97%, the largest since March 2020.
03:50 2025-04-04
The US spot bitcoin ETF saw net outflows of $99.80 million yesterday
According to FarsideInvestors monitoring data, the US spot bitcoin ETF had a net outflow of 99.80 million dollars yesterday.
03:50 2025-04-04
The price of ASIC mining machines in the United States may rise by 5-10 times due to tariffs, and mining companies are accelerating imports to deal with the crisis
Trump's introduction of a series of tariff measures has thrown the market into chaos. Industry experts believe that domestic crypto mining companies in the United States may be affected because they are directly affected by the price of imported mining machines from the Asian market or will rise. Mitchell Askew, chief analyst at Blockware Solutions, said that due to the squeeze of overseas supplies and the rise in bitcoin prices, the price of bitcoin mining companies purchasing ASIC mining machi...
03:38 2025-04-04
Momentum Finance Completes $10 million in Pre-Seed and Seed Funding
Decentralized trading platform Momentum Finance announced the completion of a total of $10 million in Pre-Seed and seed round financing, Arcanum Capital, Coinbase Ventures, Circle, Jump, Aptos, Amber Group and other participation, the new funds will be used to support its Sui Network and Aptos ecosystem to build a new version of the v3 decentralized trading platform to participate in currency exchange, liquidity provision and other on-chain services.