Bitcoin Ordinals inscriptions are fast becoming the top digital collectible in the crypto market, and developers are looking for ways to make buying and trading them as simple as possible. One company on the case: Oyl, creator of an eponymous browser-based wallet that allows in-wallet swaps of inscriptions. Backed by former CEO of BitMEX Arthur Hayes’ Maelstrom Fund and pseudonymous…
Month: March 2024
Tesla and SpaceX Bitcoin Wallets Identified: Elon Musk’s Firms Hold $1.3 Billion in BTC
On-chain sleuths say they have discovered wallets containing the Bitcoin holdings of Elon Musk-owned firms Tesla and SpaceX, which collectively hold well over a billion dollars worth of the world’s top cryptocurrency. In a report published Thursday, Arkham Intelligence outlined its discovery of over $771 million worth of BTC held in wallets belonging to Tesla. Wallets linked to SpaceX, meanwhile,…
Bitcoin’s Warm-up Phase: Analyst Predicts a Market Evolution That Could ‘Shock’ Traditional Finance
As bitcoin remains close to its peak price levels, a wave of positive sentiment and enthusiastic vigor is enveloping the crypto sphere. This week, onchain analyst Willy Woo, the same market strategist who asserted in November 2023 that bitcoin will probably not fall under $30,000 again, is of the opinion that the latest surge is […] Source: https://news.bitcoin.com/bitcoins-warm-up-phase-analyst-predicts-a-market-evolution-that-could-shock-traditional-finance/
Bitcoin ‘Kimchi Premium’ Is Back as BTC Price Spikes in South Korea
The “Kimchi Premium” is back. As the price of Bitcoin soars, the digital asset is more expensive in one place in particular: South Korea. Named after a popular dish in the Asian country, the “Kimchi Premium” refers to higher prices for Bitcoin—and other cryptocurrencies—on Korean exchanges. And yesterday, the premium marked its highest in two years, data firm CryptoQuant told…
Bitcoin Ordinals Traders on Magic Eden Will Get NFT Token Airdrop
The upcoming airdrop of the “NFT” token by the Non-Fungible DAO will be offered to Bitcoin Ordinals traders on the Magic Eden marketplace—past, present, and future. The Non-Fungible DAO announced the details in a tweet on Thursday, saying that users of the Magic Eden-developed, open-source MSigner—which lets traders sign Partially Signed Bitcoin Transactions (PSBTs) to conduct Ordinals transactions—will be rewarded…
Gala Games Launches $1 Million GDC 2024 Hackathon With Alienware, AWS
Crypto gaming firm Gala Games has announced a hackathon at the 2024 Game Developers Conference (GDC), in partnership with gaming PC manufacturer Alienware and Amazon Web Services (AWS). With a $1 million prize pool, the 24-hour hackathon is open to both in-person and online GDC attendees. The hackathon will see projects leverage Gala’s GalaChain SDK, deploying the layer-1 blockchain that…
South Korea’s Bitcoin Premium Hits 2-Year High, Surpassing Global Rates by $4K
The latest data reveals that the premium on bitcoin in South Korea has escalated to its highest level in more than two years. At 7:30 a.m. Eastern Time (ET) on Thursday, the weighted global average price for bitcoin hovers between $66,800 and $67,000, whereas on the South Korean exchange Upbit, bitcoin’s price stands at $71,076 […] Source: https://news.bitcoin.com/south-koreas-bitcoin-premium-hits-2-year-high-surpassing-global-rates-by-4k/
Saga Gaming Token Airdrop Begins Across Avalanche, Cosmos, and Solana
Gaming-centric network Saga launched its airdrop claim on Wednesday following three months of play-to-airdrop competitions. Winning players from those events can now claim SAGA tokens, along with crypto users who have staked tokens on a few other blockchain networks. More than 200,000 unique wallets are eligible across chains including Avalanche, Solana, Cosmos, Celestia, and Ethereum scaler Polygon. The claims page…
Terra Founder Do Kwon Cleared for Extradition to South Korea: Report
A judge has ruled that Terra founder Do Kwon can be extradited to his native South Korea upon serving his jail sentence at Spuž prison near Podgorica, according to local media. Montenegro’s High Court announced the news to local publication Pobjeda, following the Court of Appeals’ decision to reject a request to extradite him to the U.S. Since his arrest…
Xsolla Debuts Xsolla Wallet, Empowering Developers And Creators With Access To Embedded Finance Solutions And Instant Earnings
Sherman Oaks, United States, March 7th, 2024, GamingWire Introducing a new era of simplified and flexible tools for monetizing and getting paid across the creator economy Xsolla, a global video game commerce company, announces Xsolla Wallet, highlighting its commitment to empowering the global creator economy within the video game industry. Our mission is to provide equal access for developers, creators,…