Landfill containing $750 million in Bitcoin hard drives to be permanently closed
the Newport City Council in Wales plans to permanently close and seal a landfill site during the 2025-26 period. The landfill contains a hard drive mistakenly discarded by IT engineer James Howells in 2013, which stores 7,500 Bitcoins worth about $750 million at current prices. The council plans to convert part of the site into a solar power generation field to supply power to the municipal electric vehicle fleet.
Earlier news reported that Howells' lawsuit to search for the hard drive had been dismissed by the Welsh court.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
IMF overhauls balance of payments standards to integrate Bitcoin and digital assets
Share link:In this post: The IMF has updated its payment standards to incorporate cryptocurrencies. The BPM7 manual grouped digital assets according to whether or not they have a corresponding liability. The IMF also acknowledged the complexity of staking and the essential role of validators in confirming transactions.
AAVE drops below $180
Circle Co-Creation: Digital currency application GCash already supports USDC
Opinion: Crypto de-banking may continue until January 2026
Trending news
MoreCrypto prices
More
