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The Halving Highlights Why Bitcoin Needs to Upgrade

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The Halving Highlights Why Bitcoin Needs to Upgrade Higher fees from Ordinals and BRC-20 may be good for miners but they risk pushing activity to the fragmented world of L2s and harming adoption of Bitcoin around the world. Proposals for “OP_CAT” and CTV would upgrade the network and allow more innovation at the chain-level, says Bob Bodily, CEO of Bioniq, an Ordinals marketplace.

Coindesk 473 2024-04-27

Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request

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Australian Court Hands Over $41 Million of Crypto Held by Blockchain Mining Group at Regulator’s Request An Australian federal court agreed to a petition by markets regulator ASIC to hand over some US$41 million in digital assets invested by over 450 Australians with the mining companies to specialists from advisory and restructuring company McGrathNicol.

Coindesk 1.2k 2024-04-27

First Mover Americas: BTC Holds Stable at $70K

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First Mover Americas: BTC Holds Stable at $70K The latest price moves in bitcoin (BTC) and crypto markets in context for April 12, 2024. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

Coindesk 681 2024-04-27

Ether.Fi Inks $500M Restaking Deal With RedStone Oracles

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Ether.Fi Inks $500M Restaking Deal With RedStone Oracles Under its deal with RedStone, Ether.Fi will dedicate $500 million to help secure RedStone’s data oracles, which are used to pass information between blockchains and the outside world.

Coindesk 1.0k 2024-04-27

Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl

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Top U.S. House Lawmakers Meet on Stablecoin Bill Strategy: Punchbowl The U.S. congressional effort to establish regulations for stablecoins has become an increasing longshot for passage this year, but the lawmakers who’ve pushed legislation the farthest reportedly had a meeting with Senate Majority Leader Chuck Schumer about it, Punchbowl News reported.

Coindesk 1.3k 2024-04-26