Counterparty – DIGIT INFO

Ordinal Inscriptions Take the NFT World by Storm: Over 50,000 Added to the Bitcoin Blockchain in 2023

DIGIT — Sat, 11 Feb 2023 17:30:47 +0000

As of Friday, Feb. 10, 2023, the Bitcoin blockchain had seen the addition of more than 50,000 Ordinal inscriptions as the trend has continued to increase daily. People are inscribing text, images, videos, audio, and software applications onto the blockchain, with some inscriptions fetching high prices via over-the-counter (OTC) trades. A clone of the popular […]

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Court sets new deadline for Celsius restructuring plan

DIGIT — Tue, 06 Dec 2022 10:58:02 +0000

Celsius halted withdrawals on the platform on Jun. 13 and filed for bankruptcy a month later on Jul. 14.

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Crypto lending platform Babel Finance reaches counterparty debt agreement

DIGIT — Tue, 21 Jun 2022 05:16:16 +0000

The firm emphasized that it will “actively fulfill its legal responsibilities to customers and strive to avoid further transmission and diffusion of liquidity risks.”

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Value Locked in Decentralized Finance Slides 17% Lower Over the Last 30 Days

DIGIT — Sun, 08 May 2022 21:00:00 +0000

The value locked in decentralized finance (defi) protocols has lost 17.77% over the last 30 days, falling from $221.67 billion to today’s $182.27 billion. Moreover, statistics show the total value locked (TVL) across a broad range of defi protocols shed significant value during the last seven days. Defi Protocols Shed Considerable Value Decentralized finance (defi) […]

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There’s an Insatiable Urge to Burn Crypto — A Look at Why Projects Burn Tokens and the Benefits

DIGIT — Fri, 29 Apr 2022 21:30:07 +0000

In recent times, cryptocurrencies that burn tokens have been very popular and a number of well known blockchain projects have destroyed large sums of digital assets. While a number of crypto projects have different burn schemes, the overall effect is usually the same, as destroying tokens reduces the circulating supply. Blockchain Projects Burn Tokens for […]

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The ‘Growth Collection’ — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday

DIGIT — Tue, 29 Mar 2022 16:30:55 +0000

Following Ross Ulbricht’s non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the “Growth Collection.” According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will be auctioned at the Bitcoin22 conference in Miami on April 6-8. Ross Ulbricht Is […]

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Value Locked in Defi Rebounds — Smart Contract Tokens CPH, LUNA, XCP Lead the Pack

DIGIT — Mon, 28 Feb 2022 00:00:32 +0000

The total value locked in decentralized finance (defi) has managed to jump above the $200 billion zone, as crypto markets have rebounded from the market downturn last week. A number of native assets from the $611 billion worth of smart contract protocols have seen double-digit gains with cypherium (CPH), counterparty (XCP), and terra (LUNA) leading […]

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Selling Lord Kek Dust — 2016 Rare Pepe NFTs See Fresh Demand Going for Thousands on Opensea

DIGIT — Tue, 03 Aug 2021 16:30:12 +0000

During the first half of the year, non-fungible token (NFT) sales surged to $2.5 billion in 2021, and trade volume shows the trend hasn’t slowed down. For instance, July saw a record $363 million spent on approximately 157,801 NFT sales. Meanwhile, as new NFTs enter the space every day, older Rare Pepe NFTs from 2016 […]

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The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million

DIGIT — Mon, 06 Jul 2020 19:15:07 +0000

On July 1, 2020, the partner of Polynexus Capital, Andrew Steinwold, detailed that the sales of blockchain-powered non-fungible tokens (NFTs) are about to cross the $100 million mark. The popularity of NFTs has grown massive since 2017, as blockchain cards, collectibles, digital artwork, virtual land parcels, and extensible virtual game items have become all the […]

The post The Tokenized Metaverse: Non-Fungible Token Sales to Surpass $100 Million appeared first on Bitcoin News.

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How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model

DIGIT — Sat, 21 Sep 2019 21:20:05 +0000

Since 2011, just after Satoshi Nakamoto left the Bitcoin project for good, networks have emerged that leverage the BTC chain in some way. A variety of projects over the last nine years have found value in anchoring some sort of feature set to BTC in order to bolster the satellite’s underlying network. The following article […]

The post How Merge Mining and Anchored Blockchain Projects Capitalize on Bitcoin’s Security Model appeared first on Bitcoin News.

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