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If Bitcoin Can’t Handle a Few JPEGs, How Can It Handle the World?
10.5.2023
Today in Crypto: Bank of Canada Opens Public CBDC Consultation, Solana' Saga Phone Available for Orders, 32% of Family Offices Investment in Digital Assets, Binance NFT to Support Bitcoin Ordinals
9.5.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: Bank of Canada Opens Public CBDC Consultation, Solana' Saga Phone Available for Orders, 32% of Family...
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
9.5.2023
Those already using stablecoins and lightning transactions are not affected, but for many in Africa, higher bitcoin fees are a problem
Binance’s NFT Marketplace Adds Support for Bitcoin NFTs
9.5.2023
The leading cryptocurrency exchange will allow NFT collectors to purchase tokens on the Bitcoin network directly through their Binance accounts – bypassing the need to create a separate wallet for inscriptions
Bitcoin ordinals hit Binance NFT Marketplace in latest update
9.5.2023
The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets
Binance Announces Lightning Network Withdrawal Implementation Amidst Bitcoin Network Congestion Issues
9.5.2023
Binance has announced its intention of implementing Lightning Network, a layer 2 Bitcoin scaling protocol, on its platform after experiencing an episode of congestion regarding withdrawals on the Bitcoin network. The exchange had to pause bitcoin withdrawals twice due to a large backlog...
Ordinals inscriptions approach 4.8M, nearly doubling in just over a week
9.5.2023
The BRC-20 token frenzy has seen the number of Ordinals inscriptions on the Bitcoin network soar 92% in 8 days
Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
9.5.2023
The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa and South America
Ordinals Upend Bitcoin Mining, Pushing Transaction Fees Above Mining Reward for First Time in Years
9.5.2023
Several mining pools such as Luxor Technologies and AntPool mined blocks on Monday where fees exceeded Bitcoin’s block subsidy of 6.25 BTC
Binance 'FUD' meets CPI — 5 things to know in Bitcoin this week
8.5.2023
A spike in transaction fees and repeated BTC withdrawal outages at Binance provide a fraught backdrop to a week of Bitcoin volatility triggers
Binance Pauses Bitcoin Withdrawals for the Second Time in 24 Hours
8.5.2023
The second pause comes less than eight hours after its first pause as the crypto exchange grapples with unprecedented Bitcoin network congestion
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
7.5.2023
The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the bitcoin protocol
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
5.5.2023
A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless”?
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
4.5.2023
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly five-fold in two weeks– thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project
BRC20 Token Standard Sparks Frenzy in Bitcoin Community With Market Cap Surpassing $95 Million
3.5.2023
As of May 3, 2023, the Bitcoin blockchain has witnessed a staggering 3.35 million Ordinal inscriptions, and a new experimental token standard known as “Bitcoin Request for Comment,” or BRC20, has garnered substantial attention in the past week. With 10,487 BRC20 tokens built using...
Bitcoin BRC-20 token standard becomes a new destination for meme tokens
3.5.2023
BRC-20 token market cap has seen a 600% rise over the past week, and its transaction volume has overtaken the standard BTC transactions on the network
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
3.5.2023
Over $8 million in fees have been paid to the network by inscription creators since their inception
Bitcoin metrics to the moon: ATH for hash rate, daily transactions and Ordinals
2.5.2023
While the Bitcoin hash rate briefly touches new highs, Bitcoin Ordinals are a contributing factor to daily transactions exceeding 500,000
'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value
2.5.2023
The BRC-20 standard sounds like the popular ERC-20, but the two are different, with the former lacking the ability to interact with smart contracts
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
1.5.2023