News with the tag "$500 million"

Consumer-facing blockchain applications with intuitive user experiences could bring more mainstream cryptocurrency users.

James Howells is suing Newport City Council after a decade-long fight to recover a hard drive containing 7,500 bitcoins, now worth nearly $500 million, mistakenly dumped in 2013. The council has repeatedly denied excavation requests, citing environmental concerns. Howells claims the data is recovera...

In a significant move, Justin Sun, the founder of Tron, has initiated a massive $500 million transfer, causing ripples in the cryptocurrency market. The transaction, originating from the Tron-based financial platform JustLend, was swiftly directed to HTX, where Sun serves as a key advisor. This high...