Micah first discovered Bitcoin in 2018 but remained a skeptic on the sidelines for too long. Since 2021, he has covered crypto and business and now works as a news reporter for Bitcoin Magazine, based in North Carolina.
A solo bitcoin miner was charged by the SEC for misappropriating $48.5 million from investors by selling bogus mining hosting agreements that promised passive income.
ICE, owner of the NYSE, is in talks to invest in crypto payments firm MoonPay, which is targeting a $5 billion valuation and recently strengthened its regulatory standing in New York.
Taiwan’s Ministry of Justice disclosed it holds over 210 bitcoin seized from criminal cases, placing the country among the world’s top government bitcoin holders.
The bitcoin price briefly surged above $89,000 on Thursday after a sharply cooler-than-expected U.S. inflation report, before pulling back to around $88,374.
BitGo will now offer Bitcoin Lightning Network access directly from its qualified custody platform. The move makes it one of the first companies to provide Lightning payments for institutional custody.