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Brc 20

The explosion of BRC-20 tokens has put Bitcoin to the test. (Jose A. Bernat Bacete/Getty Images)
Technology
Bitcoin
Bitcoin’s ‘BRC-20’ Explosion Sends Users Scrambling for Options, Including Lightning
The effects of the BRC-20 mints range from halting of bitcoin withdrawals on Binance to frustration with the sudden high costs of making bitcoin payments in places like Africa...
The explosion of BRC-20 tokens has put Bitcoin to the test. (Jose A. Bernat Bacete/Getty Images)
By Frederick Munawa
May 8, 2023 at 11:32 p.m. UTC
May 8, 2023
BitcoinOrdinals protocolOrdinalsBrc 20Lightning NetworkBinance
Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump
Video
Binance
Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump
Binance resumed bitcoin withdrawals after a second pause, as the Bitcoin network suffers from congestion. This comes as fee rates on the bitcoin blockchain surged to a 2-year...
Binance Resumes Bitcoin Withdrawals as Bitcoin Blockchain Fees Jump
By CoinDesk Inc
May 8, 2023 at 7:47 p.m. UTC
May 8, 2023
Binancecdtvaab clipTaprootSam reynoldsBrc 20
Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs
Video
Blockchain
Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs
Fees on the Bitcoin blockchain have surged to two-year highs as the ‘Bitcoin Request for Comment’ (BRC-20) tokens and the rising popularity of the Ordinals protocol drives dem...
Here's Why Bitcoin Blockchain Fees Have Surged to 2-Year Highs
By CoinDesk Inc
May 8, 2023 at 5:44 p.m. UTC
May 8, 2023
BlockchainBitcoincdtvHash clipOrdinals protocolBrc 20
(Danny Nelson/CoinDesk)
Markets
Bitcoin
Bitcoin Network Congestion Causes Binance to Pause Withdrawals
The world’s biggest crypto exchange has now resumed withdrawals, but problems continue to linger for the Bitcoin protocol.
(Danny Nelson/CoinDesk)
By Sam Reynolds
May 7, 2023 at 7:06 p.m. UTC
May 7, 2023
BitcoinbtcOrdinalsOrdinals protocolBrc 20Binance
BRC-20 is a new proposed standard for minting tokens on Bitcoin. But the standard's author has warned against speculating in the new kind of coin. (Andre Taissin/Unsplash, modified by CoinDesk)
Consensus Magazine
Opinion
Pump the BRCs: The Promise and Peril of Bitcoin-backed Tokens
A new way of issuing tokens on Bitcoin is growing fast. So why did their creator warn that they “will be worthless?"
BRC-20 is a new proposed standard for minting tokens on Bitcoin. But the standard's author has warned against speculating in the new kind of coin. (Andre Taissin/Unsplash, modified by CoinDesk)
By David Z. Morris
May 5, 2023 at 4:27 p.m. UTC
May 5, 2023
OpinionThe NodeNewslettersBitcoinBrc 20Ordinals
(Glassnode)
Technology
Brc 20
Bitcoin’s Frenzy of Activity Pushes Average Transaction Fee Over $7, Nearly 2-Year High
The average transaction fee on Bitcoin has shot above $7, pushing total fees up nearly fivefold in two weeks, thanks to a surge in Ethereum-style “BRC-20” tokens and NFT-like...
(Glassnode)
By Sage D. Young
May 4, 2023 at 9:30 p.m. UTC
May 4, 2023
Brc 20BitcoinNFTOrdinalsMinersFees
'Bitcoin Request for Comment' Tokens Skyrocket to $137M in Market Value
Video
Cdtv
'Bitcoin Request for Comment' Tokens Skyrocket to $137M in Market Value
Interest in "Bitcoin Request for Comment," or BRC-20, tokens built with Ordinals and stored on the Bitcoin base blockchain, has skyrocketed, lifting their market value by seve...
'Bitcoin Request for Comment' Tokens Skyrocket to $137M in Market Value
By CoinDesk Inc
May 2, 2023 at 6:48 p.m. UTC
May 2, 2023
cdtvHash clipBrc 20