On Thursday, the team behind BNB Chain introduced a novel Rollup-as-a-Service (RaaS) offering for the development of layer two blockchains (L2s) atop the BNB Chain. The team detailed that the service equips sizable decentralized applications (dapps), enterprises, and the BNB Chain with the essential technological framework required for launching specific L2s on BNB Smart Chain […] Source: https://news.bitcoin.com/bnb-chain-launches-rollup-as-a-service-to-bolster-l2-blockchain-development/
Month: March 2024
Memes Continue Run: Dogwifhat, Bonk, and Pepe Jump Double Digits
Bitcoin may have dipped from its new all-time high it hit yesterday—but smaller cap meme coins and tokens are up big. The biggest winner is Dogwifhat (WIF), which is up nearly 34% in 24 hours and is priced at $3.21, CoinGecko data shows at time of writing. And Pepe (PEPE), which came into existence last year, is up slightly more…
SuperRare Expands Beyond Ethereum NFTs Into Bitcoin Ordinals Artwork
Ethereum NFT marketplace SuperRare is making the jump to Bitcoin with the launch of a new collection of Ordinals inscriptions by the artist Killer Acid, the platform announced Thursday. San Diego-based SuperRare is a platform for art creators and collectors backed by the Ethereum blockchain. It specializes in single-edition, 1-of-1 digital works and is one of the longest-running platforms in…
IntoTheBlock Integrates TRON Network Analytics
PRESS RELEASE. Miami, Florida, March 14, 2024 – IntoTheBlock, a leading provider of on-chain analytics has announced the integration of the TRON network into its Market Intelligence suite. Thanks to a collaboration with TRON DAO, these advanced indicators will be available for free to the TRON DAO community. The TRON network, known for its reliability, […] Source: https://news.bitcoin.com/intotheblock-integrates-tron-network-analytics/
Federal Reserve Declares CBDC a ‘Key Duty’ to Congress
The Federal Reserve may be dead set on implementing a central bank digital currency (CBDC)—or at least continuing to study them—despite its public claims to the contrary, a new document suggests. On Wednesday, GOP Majority Whip Tom Emmer (R-MN) publicly shared a file that he says he received from central bank staff earlier that day during a presentation to Congress.…
Airdrop Hype Spurs 20% Spike in Crypto Game Players in February
The average number of daily active wallets being connected by players to blockchain games jumped 20% month-over-month in February, DappRadar and the Blockchain Game Alliance announced Thursday in their monthly industry report. The ongoing buzz around play-to-airdrop campaigns—which incentivize people to play games by dangling potential token incentives in front of them—is credited for at least some of the monthly…
Bitcoin Mining Hits Record Difficulty as Countdown to 2024 Halving Begins
On Thursday, Bitcoin’s network difficulty escalated by 5.79% at block height 834,624, signaling the year’s fourth rising adjustment. The mining difficulty now stands at an unprecedented peak of 83.95 trillion, with the forthcoming adjustment anticipated around March 27, 2024. Bitcoin Difficulty Jumps 5.79% Mining Bitcoin has reached unprecedented levels of difficulty, peaking at 83.95 trillion […] Source: https://news.bitcoin.com/bitcoin-mining-hits-record-difficulty-as-countdown-to-2024-halving-begins/
Bitcoin, Stock Prices Drop as US Inflation Data Comes in Hot
Bitcoin has dropped following news that inflation in February was hotter than expected. The price of the biggest digital asset by market cap is now down nearly 3% in 24 hours, according to CoinGecko. Its price stands at $70,920 per coin. Overnight, Bitcoin touched a new all-time high of slightly above $73,700. Data from the Labor Department’s Bureau of Labor…
Bitcoin DeFi App Sovryn Is Expanding to Ethereum—Here’s How
Bitcoin layer-2 protocol Sovryn is expanding to the Ethereum blockchain with the help of Ethereum Virtual Machine (EVM) developer Build on Bitcoin, the two companies announced on Thursday. Sovryn is a decentralized platform launched at the end of 2020 that offers lending, borrowing, and margin trading through smart contracts in the Bitcoin ecosystem. Built as a DAO on the Bitcoin…
Crypto Puzzle Game CypherClans Launches $1 Million Treasure Hunt
New crypto gaming project CypherClans is inviting elite Web3 enthusiasts to embark on a treasure hunt that harks back to the spirit of the cypherpunk pioneers—with a $1 million prize at stake. Billed as “The Da Vinci Code meets Web3,” CypherClans challenges would-be sleuths with a collection of 13,000 NFTs, divided into 13 clans. Each NFT contains clues across disciplines…