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Bitcoin ETF Chaos Memorialized on Blockchain, With Nod to 'Chancellors on the Brink' Reference
10.1.2024
Jokester pays $2.97 to record the one-liner "SEC Chairman on the brink of second ETF approval" on the blockchain
Bitcoin Developer's Proposal to Stop 'Spam' NFTs Gets Shut Down
9.1.2024
Luke Dashjr's technical proposal sounded innocuous enough: to make the popular Bitcoin Core software "effective with newer datacarrying styles." In reality, the effort represented a sophisticated but controversial plan to block the suddenly popular "inscriptions" known as "NFTs on Bitcoin."
Crypto Exchange Listing and Delisting Announcements: January 8, 2024
9.1.2024
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here....
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...
The Bitcoin Dilemma: Ordinals Upgrade May Lead to Centralized Fork
4.1.2024
Source: DALL·E The creator of Bitcoin’s fast-rising BRC-20 token standard is worried that one of its top marketplaces is attempting a sly takeover of the entire protocol. On Monday, UniSat confirmed that it would implement the Ordinals Jubilee upgrade “to confirm that brc-20 is still on Ordinals...
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...
STX20 Protocol Demonstrates Potential for Scaling Bitcoin Ordinals on an L2 Network
4.1.2024
According to developers behind the project, the debut of the STX20 protocol on Stacks’ Bitcoin layer two (L2) has marked a pivotal moment for Ordinals-style assets. Amid growing demand for innovative use cases in the Bitcoin ecosystem, the Stacks team believes the STX20 test has shown significant...
Bitcoin Miners Profit from Transaction Fees; Algorand and InQubeta Set for Positive Trajectory
3.1.2024
The revenue that Bitcoin (BTC) miners earn from transaction fees has risen. Due to more Ordinals being signed, the projects’ network fees went up to over $37. The platform’s hash price has also increased, which is suitable for miners because it means they will earn much more from...
BRC-20 Marketplace, Creator Take Opposing Positions on Proposed Network Upgrade
3.1.2024
BRC-20 marketplace UniSat said it would follow a proposed fork in the network's token standard, which was met with opposition from Domo, the pseudonymous creator of BRC-20
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...
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 Fork Discussions Surface Over Block Space Constraints and Ordinals
24.12.2023
While no formal announcement has been made, murmurs of a potential Bitcoin fork are emerging amidst discussions on block space, Ordinal inscriptions, and escalating fees. Such speculation has led some to believe that a significant Bitcoin fork might occur in 2024. Talks of a Bitcoin Fork Appear...
Bitcoin Inscription Frenzy Hits EVM Blockchains
22.12.2023
In the wake of Bitcoin’s inscription phenomenon, Ethereum Virtual Machine (EVM)-compatible chains are experiencing a surge in similar practices, leading to unexpected service outages and a little confusion over their use. EVM Chains Face Surge in Token Inscriptions Over the past year...
Phantom Expands Web3 Wallet to Embrace Bitcoin, Ordinals, and BRC20 Tokens Amid Soaring Demand
21.12.2023
Phantom, the Web3 cryptocurrency wallet initially developed for Solana, has expanded to include Ethereum and Polygon, and is now introducing support for Bitcoin, Ordinal inscriptions, and BRC20 tokens. Users of Phantom have the ability to integrate their existing bitcoin wallets, allowing them...
Phantom Wallet Introduces Trading for Bitcoin, Ordinals, and BRC-20 Tokens
21.12.2023
Source: DALL·E Multichain cryptocurrency wallet Phantom has broadened its services, introducing support for Bitcoin, Ordinals, and BRC-20 tokens. According to a blog post, Phantom has launched the new features in a current beta phase, allowing users to opt-in for trading and transferring these...
Coinbase 2024 Outlook Marks End of Crypto Winter, Ordinals Leading NFT Shift, Heralds Era of Prosperity
19.12.2023
As the crypto market navigates through a transformative era, Coinbase’s 2024 Crypto Market Outlook provides insights and predictions. The report, encompassing data up to November 30, 2023, delves into pivotal crypto market shifts and institutional practices. Coinbase’s 80-Page 2024...
Bitcoin Fees Spike to 2-Year High as Ordinals Bonanza Gives Windfall Profit to BTC Miners
18.12.2023
Share prices of publicly listed bitcoin mining companies are "on fire" thanks to high transaction fees, one analyst said
Bitcoin Development Platform Tap Protocol Secures $4.2 Million in Funding
18.12.2023
Source: trac.network Bitcoin Ordinals-based development platform Tap Protocol has raised over $4 million in an oversubscribed round, promising more “big” news to come. “We are happy to announce our successful fund raise of $4.2m which was oversubscribed by $13m+,”...
Tap Protocol secures $4.2 million for Bitcoin Ordinals boost
18.12.2023
Trac Systems, a technology company based in Germany and also the parent organization of Tap Protocol, recently completed an unusually successful fundraising effort. The company disclosed that Sora Ventures led a financing round in which it raised $4.2 million. With this massive infusion of capital...