ordinals

The multi-chain trading platform Magic Eden tweeted that it has launched the Ordinals buyback program, where 15% of the platform's fees will be used to purchase Ordinals and store them in a permanent collection series, and the buyback will be conducted automatically.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the extended wallet for Ordinals and brc-20 UniSat has been the project with the most unfollows from X (Twitter) top figures. The new influential figures on X who unfollowed this project include well-known cryptocurrency trader Hsaka(@HsakaTrades), crypto KOL Kuai Dong(@_FORAB), and Sea(@Sea_Bitcoin).

ChainCatcher news, according to CoinDesk, the Bitcoin token protocol BRC20 has taken a step towards achieving Ethereum-style smart contracts.According to an announcement disclosed on Monday, starting from Bitcoin block 912,690, this Bitcoin token protocol has integrated the Ethereum Virtual Machine (EVM) into its core logic. This upgrade, known as BRC2, was jointly completed by Best in Slot, the developer of the Ordinals protocol, and Domo, the anonymous founder of BRC20. Best in Slot CEO Eril Binari Ezerel stated that previous meta-protocols like Ordinals relied on "calculator-style" indexers, and with the integration of EVM, BRC20 will possess Turing completeness. Domo further stated that the ultimate goal is to merge the two gold standards: Bitcoin as the most decentralized and secure network, and EVM as the most mature virtual machine, allowing users to experience Ethereum's composability and programmability while enjoying Bitcoin-level security.

ChainCatcher news, according to The Block, Bitcoin on-chain transaction activity has fallen to its lowest level in a year and a half, with the 7-day moving average transaction volume dropping to 316,000 last week, currently slightly rebounding to about 350,000, far below the mid-2024 peak of 700,000.The speculative frenzy around Bitcoin-native protocols like Runes and Ordinals has subsided, and traders' interest has shifted to other blockchain ecosystems. Since the beginning of the year, Bitcoin transaction fees have remained below $1.50, indicating minimal competition for block space and a return to traditional transfer purposes. Some users are attempting to initiate transactions with fees below 1 sat/vB, and the mining pool MARA has launched the "Slipstream" channel to handle ultra-low fee transactions, sparking debates among Bitcoin developers about network standards and censorship resistance.

ChainCatcher news, Dune data shows that the total number of Bitcoin NFT protocol Ordinals inscriptions minted has exceeded 79 million, reaching 79,335,904. The cumulative fee revenue from Ordinals inscriptions has surpassed 7,000 BTC, reaching 7,001.1448 BTC, worth approximately 671,388,934 USD.

ChainCatcher news, reported by TheBlock, the Bitcoin Ordinals project Taproot Wizards has completed a $30 million financing round, led by Standard Crypto. Additionally, the Web3 asset data platform RootData shows that it announced the completion of a $7 million financing round in November 2023, also led by Standard Crypto.

ChainCatcher news, the Bitcoin ecosystem's native technology project Nubit has announced the launch of its first unified asset protocol for Bitcoin called Goldinals.It is reported that the concept of Goldinals was proposed by Domo, the founder of the first token of the Ordinals protocol ($ORDI) and BRC20, and implemented by the Nubit team. This protocol aims to introduce trustless asset management and programmability to the Bitcoin ecosystem, addressing the lack of interoperability among existing Bitcoin asset protocols (such as BRC-20, Runes, Ordinals, etc.), which leads to fragmented liquidity and security risks.

ChainCatcher news, according to Bitcoin.com, Trump has launched his first NFT series based on the Bitcoin Ordinals protocol, "Trump Bitcoin Digital Trading Cards," with an initial release of 160 digital trading cards.This series is minted using the earliest "Alpha sats" in the Bitcoin blockchain, creating unique assets by engraving data on a single satoshi. This is Trump's first NFT series based on Ordinals; previously, he has released four "Trump Digital Trading Cards" series, including the "America First" series launched in August 2024, which includes perks such as dining with Trump and limited edition gold Trump-themed sneakers.

According to ChainCatcher news, as reported by CoinDesk, the Bitcoin inscription project OrdinalsBot claims it has minted the largest file ever on the Bitcoin blockchain: the last one in the series of 1500 "Pizza Ninjas." Such files are referred to as "four meggers," as they are close to 4 MB in size and are considered valuable items among Ordinals collectors due to their visibility on the blockchain.The 1500th "Pizza Ninjas." file has a size of 3.969429MB and was mined by the BTC mining company MARA Holdings (MARA) at block 873,893 on December 9 at 13:57 Beijing time (00:57 Eastern time). It should be clarified that, technically, it is not possible to precisely inscribe a file as 4MB, but the term "four meggers" refers to files larger than 3.5MB.

ChainCatcher news, according to The Block, WikiLeaks founder Julian Assange's Project Spartacus was launched on December 5, and will mint 76,911 files of the Afghanistan war logs on the Bitcoin blockchain through the Ordinals protocol. The minting process will span multiple blocks, with the aim not to raise funds for Assange, but to permanently record his story in Bitcoin's history.In 2010, Julian Assange released the Afghanistan war logs through WikiLeaks, and Assange along with his family and friends have always been working to maintain their accessibility.

ChainCatcher message, mempool.space data shows that Bitcoin network transaction fees have soared to over 400 satoshis/byte, with medium priority currently reported at 430 satoshis/byte and high priority at 610 satoshis/byte. The reason is that Ordinals founder Casey has deployed a new rune MEMENTO•MORI, which will start minting at block height 868186, with a total of 100 million runes, reserving 50%.

ChainCatcher message, Ordinals founder Casey posted a reminder on the X platform, urging users to upgrade their ord wallets to version 0.21.2 as soon as possible. This update fixes a critical vulnerability that could lead to the accidental loss of runes due to improperly created change outputs when using the "ord wallet send" function.Casey explained that when the input UTXO contains multiple runes (A and B), the process of sending rune A could mistakenly result in rune B being sent. This update also adds a wallet address message signing feature and fixes an issue with the display of minting progress. No reports have been received from users regarding asset losses due to this vulnerability.

ChainCatcher news, the decentralized Ordinals marketplace Ordzaar has completed a $2 million seed round financing, led by LongHash Ventures, with participation from SORA Ventures, GSR, Bitcoin Frontier Fund, PG Capital, and OIG Capital. The Ordzaar team stated that 42% of the total tokens will be distributed directly to loyal users and early supporters through a comprehensive airdrop campaign in the first quarter and the upcoming second quarter, ensuring that the community plays a core role in the future development of the ecosystem.In addition, only 10% of the tokens are allocated to key strategic investors, with a vesting period of 28 months. Ordzaar is committed to enhancing community interaction and participation through the SocialFi-driven Rune ecosystem.

ChainCatcher message, Mempool recently clarified some FUD on platform X: "The Mempool open-source project does not support 'ord' daemon integration, and mempool.space only displays data contained in the Bitcoin mempool, blockchain, and Lightning Network.This means that if users search for a transaction containing Ordinals, inscriptions, or runes, this data will be visible in mempool.space, just as it exists on the Bitcoin blockchain.We only support Bitcoin and do not support shitcoins, but if it is in the mempool or blockchain, it will be visible in mempool.space. Because displaying the blockchain (data) is essentially the role of a Bitcoin explorer."

ChainCatcher news, Or­di­nals founder Casey posted on social media that Or­di­nals version 0.21.0 has been released, fixing the issue of the database schema version not being updated in the previous version, which could cause users to experience crashes when running Or­di­nals 0.20.1 with an old database.Casey added that if users' Or­di­nals 0.20.1 version is running smoothly, they can choose to skip this update.

ChainCatcher news, according to data from Dune, the cumulative fee revenue from the Bitcoin NFT protocol Ordinals inscriptions has reached 6909.4638 BTC, approximately 432,952,750 USD. The total number of minted inscriptions currently stands at 70,185,861.