Blockchain

To da moon? Bitcoin Average Transaction Fees Per a BanklessTimes.com report, average BTC transaction fees were around $1.5 on February 10, 2023. But these had jumped to $15.56 on May 10, 2023. The primary reason behind this drastic increase is the introduction of Ordinals onto the Bitcoin Network. Ordinals are a new integration into Bitcoin’s blockchain, supporting the creation of non-fungible tokens (NFTs) and BRC-20 tokens. The latter is central...

Bitcoin bietet eine Reihe von Vorteilen gegenüber traditionellen Währungen und Zahlungssystemen. Hier sind einige der wichtigsten Vorteile von Bitcoin: Dezentralisierung: Bitcoin ist dezentralisiert und wird von keiner zentralen Behörde oder Institution kontrolliert. Dies bedeutet, dass es keine Einmischung von Regierungen oder Finanzinstituten gibt und Benutzer volle Kontrolle über ihre Gelder haben. Schnelle und billige Transaktionen:...

Da Bitcoin eine dezentralisierte digitale Währung ist, müssen Benutzer besondere Vorsichtsmaßnahmen ergreifen, um ihre Bitcoins sicher aufzubewahren. Hier sind einige Möglichkeiten, wie Benutzer ihre Bitcoin-Wallets sicher halten können: Verwenden Sie eine Hardware-Wallet: Hardware-Wallets sind physische Geräte, die private Schlüssel sicher aufbewahren und Transaktionen offline signieren können. Diese Wallets sind schwerer zu hacken als...

Due to the recent failures and flaws of the traditional banking system, Bitcoin’s potential to foster a more secure global economy may have come to light in a new way. River, a Bitcoin technology and financial services startup, has completed a $35 million Series B funding round. This follows after its $12 million Series A round in 2021. The new round was led by Kingsway Capital and also saw participation from contributors such as Alarko Ventures, Valor Equity Partners, Goldcrest, Cygni,...

Makers of Axie Infinity are hopeful that launching the game on the Apple platform will spurt growth. They are also hopeful of Apple making policies friendlier for NFTs in the future. In the latest development, Sky Mavis, the creator of the popular blockchain-enabled Axie Infinity video game, announced that the video game will be now available for download on the Apple App Store. Axie Infinity is a play-to-earn crypto game that allows gamers to battle one another while collecting or...

The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore. Crypto exchange Coinbase is looking into relocating to Singapore as the United States Securities and Exchange Commission rejects the company’s requests for regulatory clarity. The US SEC recently asked the judge to deny Coinbase’s bid to coerce the agency to answer Coinbase’s rulemaking petition. The petition was submitted last year asking for clarity on how...

It’s been a big week for Worldcoin, the blockchain brainchild of OpenAI CEO Sam Altman. The blockchain biometrics project is closing a $100 million funding deal. The investors in this round include new backers in addition to previous ones. Worldcoin’s $100 Million Seed Round Past seed round investors in Worldcoin include a16z (Andreessen Horowitz), Coinbase’s venture capital division, Khosla Ventures, and even Sam Bankman-Fried. (The disgraced FTX founder is currently...

As speculators flocked to mint BRC-20 tokens via text inscriptions, Bitcoin blockspace saw an explosion in demand in recent weeks. This dramatic shift in network activity triggered a surge in transaction fees to levels not seen in the last two years. Signs of Strain A new report published by Bitfinex observed that the inception of BRC-20 and Bitcoin-based smart contracts is transforming the blockchain into a more “dynamic, smart-contract-enabled chain” from its traditional...

Crypto hardware wallet provider Ledger is receiving major backlash from its online user base after releasing a controversial update that many fear exposes major security flaws with the manufacturer.  Ledger has claimed that the new functionality is both safe and entirely optional, but security experts and crypto holders are already distancing themselves from the company.  Ledger’s Controversial Recovery Service Concerns began to swell late on Monday after Reddit user...

Optimism, a popular layer-2 blockchain, is set to release its long-awaited Bedrock upgrade on June 6th at 16:00 UTC. The Bedrock release – which is a complete rewrite of an entire rollup stack – is expected to be the largest upgrade ever released on OP Mainnet with a focus on reducing fees and improving Ethereum compatibility. Bedrock Upgrade According to the official announcement, the upgrade will require 2-4 hours of downtime for OP Mainnet, during which there will be...