14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days
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14 Years Ago, an Individual Offered 10,000 Bitcoins for 2 Pizzas, Finalizing the Deal in 4 Days

Approximately 14 years ago today, Laszlo Hanyecz posted on bitcointalk.org, offering 10,000 bitcoins for “a couple of pizzas.” However, most people are not aware that it took him four days to finalize the transaction, which is now worth $670 million. The Famous Bitcoin for Pizza Offer That Took 4 Days to Complete In May 2010, […] Source: https://news.bitcoin.com/14-years-ago-an-individual-offered-10000-bitcoins-for-2-pizzas-finalizing-the-deal-in-4-days/

Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013
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Silver Squeeze: Precious Metal Soars 11.8% in 5 Days, Reaching Its Highest Price Since 2013

This week, the price of one ounce of silver has seen a significant rise. Over the past five days, silver has increased by more than 11% against the U.S. dollar, surpassing gold’s 2.3% five-day gain. Silver reached $31 per troy ounce for the first time since February 2013. Silver Hits $31 per Ounce, Outperforms Gold […] Source: https://news.bitcoin.com/silver-squeeze-precious-metal-soars-11-8-in-5-days-reaching-its-highest-price-since-2013/

Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees
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Bitcoin’s Runes Protocol Hype Falls Short: Significant Drop in Activity and Fees

It has been 29 days since the halving and the launch of the Runes protocol, and since May 1, Runes activity has been underwhelming, falling short of the expectations set months prior. Similarly, the trend of Ordinals inscriptions has significantly declined over the past month. Runes Protocol’s Initial Excitement Dwindles Amid Decreased Activity Before the […] Source: https://news.bitcoin.com/bitcoins-runes-protocol-hype-falls-short-significant-drop-in-activity-and-fees/

Zimbabwe Government-Appointed Committee Aims to Understand Local Cryptocurrency Ecosystem
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Court Approves Crypto Lender Genesis’ $3 Billion Payout to Customers

Crypto lender Genesis Global obtained court approval Friday to return approximately $3 billion to its customers as part of its bankruptcy liquidation. U.S. Bankruptcy Judge Sean Lane approved Genesis’ Chapter 11 plan, overruling an objection from its equity owner, Digital Currency Group (DCG), which argued that repayments should be based on January 2023 cryptocurrency values. […] Source: https://news.bitcoin.com/court-approves-crypto-lender-genesis-3-billion-payout-to-customers/

Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions
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Mid-May NFT Sales Drop by 8.97%, Top 4 Chains See Reductions

Between May 10 and May 17, non-fungible token (NFT) sales totaled $150.56 million, marking an 8.97% decline from the previous week’s figures. NFT sales have consistently decreased on a weekly basis, as four out of the top five blockchains by sales volume experienced reductions during this period. NFT Market Sees Consistent Decline In February, from […] Source: https://news.bitcoin.com/mid-may-nft-sales-drop-by-8-97-top-4-chains-see-reductions/

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What is the Ethereum (ETH) burn address

The Ethereum burn address is a null address where ETH and other Ethereum-based tokens are sent to be permanently removed from circulation. Source: https://cointelegraph.com/explained/what-is-the-ethereum-eth-burn-address