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On April 1, 2022, PrimeBlock announced its merger with 10X Capital Venture Acquisition Corp. According to the press release, this was done in order to support and expand on PrimeBlock’s current emphasis on technologies in the blockchain ecosystem. PrimeBlock provides infrastructure for various blockchain technologies and runs a Bitcoin
Canadian oil and gas company, Bengal Energy, prepares to launch Bitcoin mining efforts in Australia. The company will be setting up a portable building for the purpose of housing 70 mining rigs as part of its up-and-coming pilot program. These rigs will be close to gas wells that were previously
A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT. “It’s my ambition to make the UK a global hub
News • Bitcoin • Apr 04, 2022
A statement from the Treasury pointed to several immediate action items. Measures included bringing stablecoins within regulation to pave the way for their future use as currency, as well as working with the Royal Mint to create an NFT. “It’s my ambition to make the UK a global hub
News • Bitcoin • Apr 04, 2022
On April 1, 2022, PrimeBlock announced its merger with 10X Capital Venture Acquisition Corp. According to the press release, this was done in order to support and expand on PrimeBlock’s current emphasis on technologies in the blockchain ecosystem. PrimeBlock provides infrastructure for various blockchain technologies and runs a Bitcoin
News • Bitcoin • Apr 02, 2022
Canadian oil and gas company, Bengal Energy, prepares to launch Bitcoin mining efforts in Australia. The company will be setting up a portable building for the purpose of housing 70 mining rigs as part of its up-and-coming pilot program. These rigs will be close to gas wells that were previously
News • Bitcoin • Mar 31, 2022
A street party in Portland, Oregon celebrating the Bitcoin Lightning Network turned heads, and provided real-world use cases for the technology. The Bitcoin Beach-style street fair featured vendors, artists, and food trucks, all accepting payment via the Lightning Network. Fiat money, naturally, was banned from the event. Clay Graham, founder
News • Bitcoin • Mar 31, 2022
Kraken users can now instantly deposit and withdraw up to 0.1 Bitcoin with virtually zero fees using the Lightning Network. According to Pierre Rochard, who is a Bitcoin product manager at Kraken, “Adoption will come from people who have fiat in their bank account, and need to get it
News • Bitcoin • Mar 31, 2022
Citizens School, an educational institution in the UAE, will accept Bitcoin and Ethereum as a form of payment for tuition starting in September 2022. The school decided to adopt Bitcoin and Ethereum payment rails to aid parents by providing flexible payment options. The payment processor the school will use automatically
News • Bitcoin • Mar 30, 2022
On March 29th, 2022 MicroStrategy CEO Michael Saylor announced that MacroStrategy, a subsidiary of MicroStrategy, will use all proceeds from a Silvergate Bank loan to acquire more Bitcoin. At a current Bitcoin price of $47,500, MacroStrategy would be able to acquire around 4,315 BTC for their company balance
News • Bitcoin • Mar 29, 2022
I’m old enough to remember when the Lightning Network was supposed to solve Bitcoin’s transaction limitations. Instead of being slow and traceable, Lightning payments would be quick and private. Nocoiners would finally be forced to eat their FUD. It’s been five years since its initial launch, but
News • Bitcoin • Mar 24, 2022