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 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

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

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

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

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

Wasabi announced that it will bar certain Bitcoin transactions from its service using CoinJoins. Wasabi’s Bitcoin Wallet is known for its mechanism that helps users coordinate CoinJoins. CoinJoining is a method of mixing coins to protect users’ privacy on the public ledger by essentially conducting multiple transactions into a

When Bitcoin was announced as legal tender in El Salvador, thousands of Salvadorians eagerly downloaded the Chivo wallet furnished by the countries government. However, many users experienced challenges and the hyperbitcoinization dream was slowed. After several user complaints about the Chivo wallet, El Salvador reached out to Alpha Point, which