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TechFlow, August 5 — According to The Block, UK IT engineer James Howells stated he has ceased efforts to excavate the hard drive containing 8,000 bitcoins from the Newport landfill, but clarified that he has not relinquished his claim to these bitcoins.
Howells plans to tokenize the court-recognized legal ownership of his 8,000 bitcoins by launching a Bitcoin Layer 2 smart token called Ceiniog Coin (INI).
According to The Block, UK IT engineer James Howells said he has ceased efforts to excavate the hard drive containing 8,000 bitcoins from the Newport landfill, but clarified that he hasn't abandoned his claim to those bitcoins. Howells plans to tokenize the legal ownership of the 8,000 bitcoins—confirmed by court—as a Bitcoin Layer 2 smart token called Ceiniog Coin (INI).
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