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In-nft-sales,-bitcoin-jumps-to-no.-2-spot-in-a-matter-of-months

In NFT Sales, Bitcoin Jumps to No. 2 Spot in a Matter of Months

Bitcoin-based non-fungible tokens (NFTs) have risen to second place for NFT sales per blockchain, according to Web3 data platform CryptoSlam, which is remarkable considering Bitcoin NFTs didn’t effectively exist before the enabling of inscriptions on the Bitcoin mainnet in January 2023.The data shows that in the past thirty days, Bitcoin NFTs have grossed about $167…
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Bitcoin-developer-introduces-ark,-a-layer-2-protocol-for-fast-and-efficient-payments

Bitcoin Developer Introduces Ark, A Layer 2 Protocol For Fast And Efficient Payments

A Bitcoin developer by the name of Burak recently unveiled Ark, a Layer 2 protocol designed to enable fast and secure transactions. According to a post on the Bitcoin dev mailing list, Ark offers an alternative scaling approach that allows users to send and receive funds without liquidity constraints, making it easier for recipients to…
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Us.-lawmakers-can-get-crypto-regulations-right-if-they-act-now

U.S. Lawmakers Can Get Crypto Regulations Right if They Act Now

The digital asset industry is at a major crossroads. Regulators around the globe are moving to enact rules for the 15-year-old industry. The EU Parliament in April approved a slate of regulations called Markets in Crypto Assets (MiCA), the most comprehensive multi-jurisdictional framework for digital assets ever. Hong Kong (with the tacit approval of China)…
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Vitalik-buterin-promotes-preservation-of-ethereum-blockchain’s-‘minimalism’

Vitalik Buterin Promotes Preservation of Ethereum Blockchain’s ‘Minimalism’

Ethereum co-founder Vitalik Buterin has warned against ‘”overloading” Ethereum’s social consensus – which, if discouraged or resisted – could bring “high systemic risks to the ecosystem.” While admitting the “natural urge” to try to extend the Ethereum blockchain’s core functionality, Buterin added that such actions could end up making the consensus layer more fragile. Risks…
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Bitcoin-spurs-5th-consecutive-week-of-outflows-at-crypto-investment-funds:-coinshares

Bitcoin Spurs 5th Consecutive Week of Outflows at Crypto Investment Funds: CoinShares

Digital asset investment products have witnessed outflows for the fifth consecutive week as bitcoin (BTC), the world’s largest cryptocurrency by market capitalization, has traded down in May.Outflows last week came to $32 million, pushing the total during the streak to $232 million, according to a report from CoinShares. Investors withdrew $33 million from bitcoin products…
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