Polygon gas fees spike 1000% amid Ordinals-inspired token craze
Gas fees on Ethereum layer-2 Polygon (MATIC) surged more than 1,000% to reach a peak of $0.10 as users inundated…
Tag: #Bitcoin Ordinals
NFT sales jump to $129M, OpenSea layoffs and Elon Musk slams NFTs: Nifty Newsletter
In this week’s newsletter, we dive into the dynamic world of nonfungible tokens (NFTs) and their impact on the digital…
Inordinately high — Bitcoin Ordinals send BTC transaction fees to new 5-month peak
Bitcoin (BTC) transaction fees are at their highest in nearly six months as a new wave of inscriptions boosts competition…
Elon Musk slams NFTs but ends up arguing the case for Bitcoin Ordinals
While publicly mocking non-fungible token (NFTs) during a podcast, Tesla CEO and billionaire Elon Musk appears to have inadvertently highlighted…
Bitcoin is evolving into a multi-asset network
For more than a decade, the primary narratives surrounding Bitcoin (BTC) have focused on its role as a peer-to-peer digital…
Bitcoin needs Ethereum VM to reach its full potential — Web3 exec
Mainstream Bitcoin (BTC) adoption won’t happen until it bridges to the Ethereum Virtual Machine (EVM) — the first point of…
Ordswap urges users to recover keys after losing control of website
Ordswap, a marketplace that allows users to inscribe, auction, and trade Bitcoin Ordinals, has devised a method for users to…
UK politicians enter the metaverse, mainstream media says NFTs are worthless: Nifty Newsletter
In this week’s newsletter, check out Glassnode data that shows nonfungible token (NFT) protocol Bitcoin Ordinals may not be clogging…
Bitcoin Ordinals haven’t wrestled blockspace from money TXs: Glassnode
Despite concerns that Bitcoin Ordinals are clogging the network, there is little evidence to suggest inscriptions are taking blockspace away…
Bitcoin Ordinals creator Casey Rodarmor pitches BRC-20 alternative ‘Runes’
The inventor of Bitcoin Ordinals is proposing a new Bitcoin-based fungible token protocol as a potential alternative to the BRC-20…