United Kingdom | ForkLog

ForkLog 13 01.04.2025

Alleged Bitcoin-Loaded Flash Drive Discarded, Community Suspects Hoax

The Daily Star reported a story about Ellie Hart, a teacher from Market Harborough, UK, who allegedly discarded a flash drive containing bitcoins worth approximately $3.8 million. However, the article has raised doubts within the community. According to the newspaper, the 34-year-old woman was unaware that the device held a fortune. She purportedly threw it […]

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ForkLog 45 26.03.2025

Scientists Develop AI Model for Accurate Weather Forecasting

Researchers from the UK and Canada have developed the AI model Aardvark Weather for weather forecasting. The results are presented in a report in Nature. The traditional approach to prediction involves modeling the physics of the atmosphere using complex equations. Scientists from the University of Cambridge, the Vector Institute at the University of Toronto, and […]

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ForkLog 17 17.03.2025

British Man to Appeal to ECHR Over Lost Hard Drive Containing 7500 BTC

The Royal Court of Appeal in the United Kingdom has rejected James Howells’ request for permission to search a landfill for his hard drive containing 7500 BTC (approximately $621.9 million). The plaintiff announced this on X. Appeal request to the Royal Court of Appeal: refused The Great British Injustice System strikes again… The state always […]

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ForkLog 22 14.03.2025

British Officer Accused of Stealing Seized 50 BTC

Paul Choulas, an officer of the UK’s National Crime Agency, is suspected of stealing 50 BTC that had been seized. This is reported on the CPS website. According to law enforcement, the crime occurred in 2017 during an investigation into organized crime on the internet. At the time, the stolen assets were valued at approximately […]

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ForkLog 19 03.03.2025

Fraudsters Deceive Britons Out of Seed Phrases, Steal $1.2 Million in Cryptocurrency

Fraudsters exploited a personal data leak of Kent (UK) residents to steal approximately $1.2 million in cryptocurrency from nine individuals, as reported by local police. According to the warning, the perpetrators used personal information to create fake crime reports. After preparing the documents, the scammers contacted the victims, posing as law enforcement officers, […]

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ForkLog 28 26.02.2025

British Man’s Odds of Finding Bitcoin Hard Drive in Landfill: A Mere 0.00000011%

The likelihood of retrieving a hard drive from a landfill and extracting data from it is nearly zero. This conclusion was reached by Mark Hall, a specialist at Business Waste, while commenting to The Block on the search initiative by Briton James Howells, who lost access to 7500 BTC (approximately $666 million at current prices). […]

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ForkLog 34 12.02.2025

Russian Provider Zservers Sanctioned for Aiding LockBit

The United States, Australia, and the United Kingdom have imposed sanctions on the Russian secure hosting provider Zservers for offering services to the LockBit ransomware group. ? SANCTIONED: Russian cyber entity ZSERVERS, the launchpad for crippling ransomware attacks, and their UK front, XHOST Internet Solutions LP. The UK is cracking down on the Russian cybercrime […]

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ForkLog 38 11.02.2025

British Man Seeks to Buy Landfill in Quest to Recover 7500 BTC

The UK authorities plan to close and seal a landfill in Newport, where a hard drive containing 7500 BTC (approximately $738 million at current prices) was discarded in 2013. The device’s owner, James Howells, intends to purchase part of the site to continue his search, reports BBC. According to a statement from the municipal government, […]

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ForkLog 35 31.01.2025

British Cryptocurrency Extortion Gang Sentenced to 76 Years in Prison

Seven members of a British gang who kidnapped, tortured, and extorted cryptocurrency from an investor have been sentenced to prison terms of up to 20 years. This was reported by the Warrington Guardian. The victim was repeatedly attacked and over several months transferred £100,000 in digital assets to the criminals. Convicted gang members: Scott Armstrong, […]

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ForkLog 34 14.01.2025

Britain unveils ambitious plan to turbocharge AI

Britain has announced a sweeping plan and a hefty bet on artificial-intelligence investment to deliver a “decade of national renewal”. The “Plan for Change” envisages investment in neural networks to raise public-sector efficiency, the creation of geographic “AI growth zones”, and support for key infrastructure including data centres and research clusters. Private firms have, it […]

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ForkLog 26 25.12.2024

Where is it Cheaper to Invest? Cryptocurrency Taxation in the US, EU, and UK

As the crypto industry evolves, governments have been compelled to develop specific tax legislation. We examine the current state of affairs in major jurisdictions. United States In the US, cryptocurrencies are taxed similarly to traditional securities. The specific rate depends on how the assets were acquired and how long they are held. Profits from investments […]

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ForkLog 17 20.12.2024

Craig Wright Receives Suspended Sentence for Contempt of Court

On November 19, a UK court sentenced Craig Wright to a 12-month suspended sentence for contempt of court. He is also required to pay approximately $180,000 in legal costs within 14 days. The decision by Judge James Mellor follows a complaint from the Crypto Open Patent Alliance (COPA) lawyers in response to another lawsuit by […]

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