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Ordinals
Africa Moves to Lightning, Stablecoins as Bitcoin Transaction Fees Soar
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
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’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
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
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 Resumes Bitcoin Withdrawals After Second Pause, Says It's Adjusting Fees and Integrating Lightning Network
The second pause came less than eight hours after the first.
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
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
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
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly fivefold in two weeks, thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like “inscriptions” on the increasingly popular Ordinals project.
Bitcoin Ordinals Surge to 3M Inscriptions, but Most Are Just Text
Over $8 million in fees have been paid to the network by inscription creators since their inception.
'Bitcoin Request for Comment' Tokens Surge to $137M in Market Value
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.
