Tap Protocol overtakes BRC20 in 24 hour Bitcoin Ordinals transaction activity

Tap Protocol, designed to support DeFi applications on Bitcoin Ordinals, has become the most active protocol on Bitcoin’s Ordinals network over the past 24 hours. Genii Data indicates Tap Protocol handled nearly... Read more »

Bitcoin Braces for Record Difficulty Surge Ahead of Retarget as Miners Push Network to New Heights

Scheduled for Feb. 15, 2024, the upcoming Bitcoin difficulty retarget is poised to mark a notable upswing in the network. Current projections forecast an estimated difficulty surge ranging from 8.45% to 9.2%,... Read more »

Ethereum, Solana see gains as Bitcoin’s rally above $50,000 causes $184 million liquidations

Bitcoin’s surge past $50,000 catalyzed a broader market upswing, propelling numerous large-cap alternative digital assets such as Ethereum (ETH), Solana (SOL), and others to significant gains. According to data from CryptoSlate, Ethereum... Read more »

Ethereum Co-Founder Vitalik Buterin on Tackling Deepfake AI Risks: ‘Ask Security Questions’

Vitalik Buterin, a co-founder of the cryptocurrency project Ethereum, has raised an alert on using deepfakes, videos created using artificial intelligence (AI) to try to impersonate human beings, to persuade others about... Read more »

Franklin Templeton files for spot Ethereum ETF, becoming ninth applicant overall

Franklin Templeton has become the latest asset manager to apply for a spot Ethereum exchange-traded fund (ETF) with the publication of a Feb. 12 filing. The company detailed its plans in an... Read more »

US Lawmakers Press Treasury Secretary Janet Yellen on Crypto Oversight Gaps

Four U.S. lawmakers have pressed Treasury Secretary Janet Yellen regarding crypto oversight gaps. The Financial Stability Oversight Council (FSOC), which Yellen chairs, has issued “repeated warnings about the lack of oversight of... Read more »

Sora Ventures launches $2 million Liquid Fund for Bitcoin Ordinals ecosystem

Venture capital firm Sora Ventures has launched a $2 million liquid fund focused on projects building within the TTP ecosystem. This ecosystem comprises several assets, including $TRAC, Tap Protocol, and  $PIPE, and... Read more »

California’s 8.2 million crypto owners poised to influence 2024 elections – Coinbase

A recent study conducted by Toluna for Coinbase reveals that crypto users in California are poised to significantly influence the state’s political direction in the 2024 elections. With an estimated 27% of... Read more »

Solana outage was caused by infinite loop bug previously seen on devnet

Solana Labs said that the recent outage that halted blockchain transactions for five hours on Feb. 6 was caused by a bug developers caught a week earlier. Solana Labs published a detailed... Read more »

NYAG raises DCG, Genesis lawsuit to $3B amid conflicting settlement reports

The New York Attorney General’s Office (NYAG) raised its fraud claims against Digital Currency Group (DCG) and related parties on Feb. 9. The NYAG’s lawsuit originally alleged over $1 billion in losses;... Read more »
Dip Your Toes in Crypto Blog