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Bitcoin Lightning Network Hackathon By BOLT FUN Begins June 16

Shock The Web 2 is BOLT FUN’s follow up to its debut Bitcoin Lightning Network hackathon held this past March, meant to on-board new builders into the ecosystem.

MicroStrategy CEO Sheds Margin Call Woes As Bitcoin Nears $21,000

Michael Saylor took to Twitter to assure investors that MicroStrategy’s balance sheet is well-positioned to avoid a margin call in its bitcoin-backed loan.

Bitcoin Falls Below $23K, Celsius Network Pauses Withdrawals

The price of bitcoin fell in response to Celsius Network pausing all transactions off-platform in response to a liquidity crisis and other market disruptions.

Jack Dorsey’s TBD Presents Bitcoin-Based Decentralized Web5

TBD’s Web5 takes a different approach than Web3 on how to build a properly decentralized internet, with Bitcoin being the single blockchain used in the project.

Inflation Hits Unexpected 40-Year High Of 8.6% As Bitcoin Holds $29,500

Inflation data shows a 106% increase in fuel oil year-over-year with an unexpected 40-year high Consumer Price Index report of 8.6% as bitcoin dips to $29,500.

Luxury Retailer Farfetch To Accept Bitcoin Payments

The luxury retailer will begin accepting bitcoin as payment in select locations as a trial with plans to extend to the whole customer base.

Blockware Estimates 10% Global Bitcoin Adoption By 2030: Report

Blockware’s report uses data provided by Glassnode to provide estimates on global Bitcoin adoption relating to the standard S-curve of disruptive technology.

Caitlin Long’s Bitcoin Bank Custodia Is Suing The Federal Reserve

Custodia’s lawsuit states “unlawful” delays in the bank’s approval process to gain a master account with the Federal Reserve which would lessen cost and risks.

GEM Mining Releases Bitcoin Mining Update For May

The mining company increased total miners and hash rate, but increasing difficulty and a lower average BTC price drove metrics down for the month of May.

Jack Dorsey and Jay-Z Announce The Bitcoin Academy In Brooklyn, New York

The Bitcoin Academy will help those in financial hardship with free courses, devices and data plans for residents of Marcy House in Brooklyn, New York.
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