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Bitcoin hard drive loss

James Howells Shifts Focus to Bitcoin Layer-2 Project After Failing to Recover $905M in Lost BTC

James Howells, who lost 8,000 Bitcoin (BTC) worth approximately $905 million in 2013 after accidentally discarding a hard drive containing the cryptocurrency, has abandoned recovery efforts to pursue a new decentralized finance (DeFi) venture. The British IT professional will develop… Read More »James Howells Shifts Focus to Bitcoin Layer-2 Project After Failing to Recover $905M in Lost BTC

Long-standing Bitcoin Loss Highlights Critical Importance of Secure Crypto Storage

A decade-long cautionary tale serves as a stark reminder of the irreversible risks associated with cryptocurrency storage. In 2013, James Howells inadvertently discarded a hard drive containing private keys controlling 8,000 Bitcoin during an office cleanup. The lost Bitcoin, initially… Read More »Long-standing Bitcoin Loss Highlights Critical Importance of Secure Crypto Storage