Ordinals
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.
Bitcoin Set New Record of Daily Transactions the Same Day the U.S. Government Quietly Engineered a Bank Buyout
The events are unconnected, but crypto has a role to play in the wider political realignment questioning the sanctity of central banks and established powers.
Consensus 2023: Spotlight on Ordinals
CoinDesk is live from Consensus 2023 in Austin, Texas, taking deep dives into the top crypto projects to watch, the stories behind them, and the developers and leaders building the next generation of the web and finance. Nakamotor and Ordinals contributor Charlie Spears, along with Ordinals contributor Brandon "Psifour" Conley, join the conversation.
OpenSea Goes Pro, Ralph Lauren Takes Crypto
Plus, investments in blockchain games and metaverse projects totaled $739 million for the quarter.
Magic Eden Rolls Out Bitcoin Ordinals NFT Creator Launchpad
After releasing a Bitcoin NFT marketplace in March, the company is expanding its resources for creators to securely mint their inscriptions before selling to collectors.
New Project Bitcoin Stamps Renews Debate Over Bitcoin NFTs
Somewhat similar to Ordinals, Bitcoin Stamps is the latest project to pop up and is gaining buzz. It's also adding to the growing debate on whether or not NFTs should be stored on the Bitcoin blockchain. "The Hash" weighs in on the pros, cons and potential impact on the Bitcoin ecosystem.
Web3 Should Be Built on Bitcoin
The Bitcoin community must eliminate its anti-innovation attitude to fulfill the first cryptocurrency's potential, or risk losing talent and capital to developer-friendly chains like Ethereum.
Crypto Custody Firm BitGo Releases Security Features Aimed at Bitcoin Ordinals
Custody provider BitGo has released a security tool for protecting Bitcoin Ordinals Inscriptions from accidental transfers.
