Runes


Tech

Bitcoin's Memecoin-Like 'Runes' Get a Boost With AMM Launch on Stacks

Bitflow's automated market maker uses Stacks' Nakamoto upgrade with the aim of addressing some shortcomings inhibiting Runes trading.

16:9 Runes (Alex Volodsky/Pixabay)

Tech

Bitcoin Startup Satflow Targets 'Mempool Sniping' in New Token-Trading Rival to Magic Eden

The project, which recently raised $7.5 million, says the new decentralized exchange (DEX) will target the market for Bitcoin-based tokens including Ordinals NFTs and Runes fungible tokens – aiming to curb unsavory transactional practices that are possible due to the blockchain's long block times.

Satflow takes aim at the practice known as 'mempool sniping' in new decentralized exchange for trading Ordinals and Runes tokens (A.B. Frost/Wikipedia, modified by CoinDesk using PhotoMosh)

Opinion

You May Not Like It, but Casey Rodarmor Proves Bitcoin Is Permissionless

The creator of the Ordinals and Runes protocols discussed his motivations on stage at Consensus 2024.

Casey Rodarmor, creator of Ordinals, speaks at Consensus 2024 by CoinDesk. (CoinDesk/Shutterstock)

Markets

Bitcoin-Based Meme Coin DOG Rockets Toward $1B Market Cap

The meme coin is the largest asset to be launched on Runes protocol.

Leonidas's DOG•GO•TO•THE•MOON token secured a coveted satoshi during the fourth Bitcoin halving. (DOG•GO•TO•THE•MOON)

Tech

Internet Computer-Based 'Bitfinity EVM' Launches as Bitcoin L2, Supports Runes

The Bitfinity EVM is designed to allow developers to Bitcoin-based Solidity smart contracts, allowing them to transfer BTC and Runes.

16:9 Bitfinity team (Bitfinity)

News Analysis

Bitcoin Runes Protocol Sees Traction Waning After Much-Hyped Introduction

User activity has plunged after a hyped run-up to the introduction of the Runes protocol, which was expected by some to mirror Solana’s meme coin ecosystem.

Leonidas's DOG•GO•TO•THE•MOON token secured a coveted satoshi during the fourth Bitcoin halving. (DOG•GO•TO•THE•MOON)

Finance

Bitcoin-Linked Stablecoin Firm OpenDelta Raises $2.5M

The startup is one of the first to build tokenized tech for Bitcoin's Runes era.

bitcoin, money, virtual. (Leamsii/Pixabay)

Tech

The Protocol: Analyzing Runes Impact as Bitcoin Fee Bonanza Fades

Last week's Bitcoin halving came and went – just as Satoshi Nakamoto programmed it. But the big surprise was the fast uptake of Casey Rodarmor's new Runes protocol, his second big hit on the original blockchain in two years.

Keyboard

Markets

Bitcoin Layer 2 Coins, STX, ELA, SAVM, Outperform BTC After Halving

Top Bitcoin Layer 2 coins have risen 5% to 20% since halving, leaving BTC behind, according to data source CoinGecko.

STX's price. (CoinDesk)

Tech

Bitcoin Miners Reap Windfall as 'Runes' Debut Sends Transaction Fees to Record Highs

The Bitcoin "halving" was supposed to dramatically chop revenue of bitcoin mining companies. Instead, the simultaneous launch of Casey Rodarmor's Runes protocol has ignited a flurry activity on the oldest and largest blockchain, driving up fees.

Screenshot from Hell Money podcast, with Runes creator Casey Rodarmor (right) (Hell Money)

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