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Solana NFT Sales Drop 80%, Bybit’s New Inscriptions Marketplace + More NFT News
6.2.2024
The non-fungible token (NFT) market has seen a significant drop today. The sales volume has dropped 25.2% in 24 hours to $25,976,386. Also, buyers are down 21.3%, sellers 12.75%, and transactions 34.2%. Among the top 10 collections per sales volume, Gods Unchained Cards increased the most: 11,113%...
Taproot Wizards’ Quantum Cats NFTs Leap Past Technical Glitches to Amass $11.3M in Bitcoin
6.2.2024
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has so far successfully amassed 268.3 bitcoin, equating to $11.3 million at the current market value. This achievement comes despite earlier hurdles that delayed the sale due to technical issues, resulting in 2,681 Quantum...
Binance Inscriptions Marketplace launches on Bitcoin Blockchain
2.2.2024
Binance launches the Binance Inscriptions Marketplace on the Bitcoin blockchain, allowing users to purchase, sell, and mint inscription tokens. This will be accomplished by utilizing the self-custody Binance Web3 wallet in the Binance application. This announcement comes eight months after Binance...
Binance Launches Inscription Marketplace for BRC-20 Tokens
1.2.2024
Digital asset exchange, Binance has launched its inscription marketplace that will allow users to trade and inscribe BRC-20 tokens and other related assets. According to a Feb 1 announcement, Binance noted that the marketplace will be a one-stop solution for inscription-based tokens with...
Okx Adds Four Inscription Standards to Its Web3 Wallet and Marketplace
30.1.2024
Okx has said it will be adding support for four inscription token standards to its Web3 wallet at the beginning of and in late February. The Web3 firm has said the addition of inscription standards to its Web3 wallet and marketplace helps Okx drive the adoption of Web3 and power its next growth...
Sotheby’s Breaks New Ground with First Bitcoin Ordinals Poem Sale
29.1.2024
Sotheby’s has sold an Ordinals inscribed poem titled “Cord” by Ana Maria Caballero for 0.28 Bitcoin or $11,430. The sale, which took place last week, was part of the Natively Digital auction, an online event featuring Bitcoin Ordinals inscriptions. The Natively Digital collection...
Crypto Mystery Deepens with 21,000 Ordinal Inscriptions Airdropped in Enigmatic Bitcoin Game
23.1.2024
In a mysterious development, someone has airdropped 21,000 digital inscriptions, known as RSICs, to the Bitcoin Ordinals community as part of a Bitcoin game promotion. The message on one of the inscriptions suggests a “technological arms race” related to securing a bag of runes has begun, and...
Bitcoin’s Ordinal Inscriptions Soar Beyond 55 Million, Achieving Third Highest Daily Record
16.1.2024
Following the weekend, the tally of Ordinal inscriptions on the Bitcoin blockchain surpassed 55 million. Notably, on Jan. 13, 2024, the blockchain witnessed its third-highest day of inscriptions, settling an impressive 477,751 inscription-based transactions on Saturday. Additionally, from...
BRC-20 Inscription Growth Key for Bitcoin’s Continued Dominance in 2023 – Binance Research
15.1.2024
The cryptocurrency market witnessed a remarkable recovery in 2023 with a staggering 109% year-over-year (YoY) surge. However, what captured the attention of the Binance Research team was the notable growth of the BRC-20 token standard throughout the year. In their 140-page report, the research...
Less Than 15,000 Blocks to Halving: ETF Hopes and Ordinal Inscriptions Serve as Life Preserver for Bitcoin Miners
9.1.2024
As of Jan. 9, 2024, fewer than 15,000 blocks remain before the fourth Bitcoin halving event. This milestone will halve the block reward from 6.25 to 3.125 bitcoins per block. Expected to occur in April 2024, this event will render bitcoin increasingly scarce. However, it may exert considerable...
Reviving Retro — Ninjalerts CEO Unveils SNES Emulator on Bitcoin Blockchain to Preserve Classic Games
8.1.2024
The chief executive officer of Ninjalerts announced on Monday that a functional Super Nintendo Entertainment System (SNES) emulator has been successfully encoded onto the Bitcoin blockchain. The head of Ninjalerts emphasized that the inscription of the emulator on the Bitcoin network was motivated...
User Spends $64,000 in Fees to Encode 9 Megabytes of Data on Bitcoin Blockchain
8.1.2024
Image Source: Pixabay An unidentified Bitcoin (BTC) user has invested approximately $64,000 in fees to inscribe nearly 9 megabytes of raw binary data on the Bitcoin blockchain. According to a post on X (formerly Twitter) from the Ordinals explorer Ord.io on January 7, more than 1 Bitcoin...
‘Controversial’ Bitcoin Proposal to Curb Inscriptions Ignites Fierce Debate, Ends Without Resolution
7.1.2024
On Friday, Jan. 5, 2024, the debate surrounding Bitcoin developer Luke Dashjr’s proposal to restrict all varieties of data-bearing transactions concluded as the topic veered into “controversial” territory. Bitcoin Core custodian and Blockstream staff member Andrew Chow...
Protocol Village: EOS-Focused VC Invests in EZSwap for Gaming and 'Smart Inscriptions'
4.1.2024
The latest in blockchain tech upgrades, funding announcements and deals. For the period of Jan. 4-10
Bitcoin Ordinals Founder: Market Forces, Not Censorship, Should Shape Future
4.1.2024
Bitcoin developer Casey Rodarmor opposes censoring blockchain transactions enabled by his bitcoin ordinals project, sparking community debate. Image by Fareed Mindalano, DALL-E 3. Bitcoin protocol developer Casey Rodarmor has strongly reiterated his opposition to censoring transactions on...
Ordinals Founder Casey Rodarmor Warns Bitcoin Maxis That ‘Whining’ Makes Them ‘Look Weak’
3.1.2024
Casey Rodarmor, the developer of the Ordinals protocol, has called out ideological Bitcoin maxis for their views on inscriptions and censoring transactions on the Bitcoin blockchain. Rodarmor stated that the “whining” around the protocol and its usage of block space make them...
New Year’s Eve Sees Bitcoin Network Break Daily Transfer Record With Over 731,000 Transactions
1.1.2024
As 2023 drew to a close on New Year’s Eve, the Bitcoin network eclipsed yet another record by verifying a significant 731,351 transactions in a single day. This achievement outstripped the previous high set on Dec. 24, 2023, or Christmas Eve, where miners confirmed a total of 723,459...
Elon Musk Criticizes NFTs, Gives Nod to Inscriptions: ‘At Least Encode the Jpeg on the Blockchain’
28.12.2023
Elon Musk, the chairman of X, has referred to non-fungible tokens (NFTs) and the defects of their implementation, indirectly making the case for inscriptions. Answering a post on X on the topic of NFTs, Musk suggested saving the jpeg (an image format) of the NFT on the blockchain, like inscriptions...
Taproot Wizards Contributor Launches Script To Remove Bitcoin Ordinals Inscriptions
27.12.2023
Source: Pixabay A contributor to Taproot Wizards has launched a script to reject Ordinals inscriptions. In an X post published on Tuesday, Rijndael, Taproot Wizards’ chief technology officer, announced that he had published a script to “rid your node of inscriptions.” “Merry Christmas,...
Bitcoin Breaks Records: Christmas Eve Sees Lifetime Surge in Daily Transactions and Hashrate
25.12.2023
On Dec. 24, 2023, Bitcoin shattered yet another daily transaction milestone, with miners confirming 723,459 transfers in a single day. The transaction rate on Christmas Eve exceeded the former peak of 710,579 verifications on Nov. 19, 2023. Bitcoin’s Festive Feat — Record Transactions...