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Bitcoin News

Archived coverage · Forkast crypto archive

  • Bitcoin News

    China seizes over 3,500 Bitcoin mining rigs, hikes electricity rates

    The provinces of Guangdong, Heilongjiang, and Shanxi announced Bitcoin mining equipment seizures and other measures to phase out operations that have survived waves of crackdowns that followed the September crypto ban. See related article: China takes aim at corruption in underground Bitcoin mines Fast facts See related article: Bitcoin miners unwelcome in Hangzhou despite targeted […]

    Ningwei Qin

  • Bitcoin News

    Jack Mallers’ Strike to bring Bitcoin shopping to Shopify 

    Jack Mallers announced at Bitcoin 2022 Strike’s integration with Shopify to enable merchants to accept Bitcoin payments through the Lightning Network. See related article: Twitter chief says integration of BTC Lightning Network “a matter of time” Fast facts Mallers also revealed the Bitcoin payments platform bagged partnerships with NCR, one of the world’s largest point-of-sale […]

    Dylan Butts

  • Bitcoin News

    SEC comes around on Bitcoin ETFs

    Oversight by the American commodities regulator of the Bitcoin futures ETF by Teucrium helped with the SEC approval.

    Timmy Shen

  • Bitcoin News

    Bitcoin down amid crypto carnival in Miami

    News of officials planning to shrink the Fed’s balance sheet by US$95 billion a month weighed on risk assets globally including Bitcoin which dropped about 5% Thursday early morning Asia time. See related article: Bitcoin, crypto market on the rise along with global markets Fast facts Bitcoin fell as much as 4.7% on sell off […]

    Pradipta Mukherjee

  • Bitcoin News

    Lightning Labs raises $70m to bring stablecoins to Bitcoin

    Lightning Labs raised $70 million in series B funding to build a stablecoin and asset protocol on the Bitcoin network. See related article: Will the growing regulatory heat on stablecoins stifle innovation? Fast facts Investors include Valor, Baillie Gifford, Goldcrest, Kingsway, Stillmark, Brevan Howard, NYDIG, and others. Elizabeth Stark, co-founder and CEO of Lightning Labs, […]

    Pradipta Mukherjee

  • Bitcoin News

    South Korea’s Kakao to buy into Japanese crypto exchange

    Kakao Piccoma, the group’s Japanese digital-comics subsidiary, acquired a major stake in Sakura Exchange BitCoin (SEBC) as part of its global expansion. See related article: Kakao Games rebrands subsidiary to focus on crypto, blockchain, Web 3.0 Fast facts Kakao Piccoma bought out SEBC Holdings’ stake for an undisclosed amount and said it will incorporate crypto […]

    Danny Park