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Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times. Why is the Bitcoin Network Congested? The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity. Additionally, the limited block size of 1MB means that only a fixed number of

Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain Read More »

Stripe Brings Back Cryptocurrency Payments Via Circle’s USDC Stablecoin

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a

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Blackrock’s Bitcoin ETF Wallets Hold Over $20,000 in Runes Tokens, Arkham Data Shows  

Amid the excitement of Bitcoin’s new Runes protocol, Blackrock’s exchange-traded fund (ETF) wallets now contain over $20,000 worth of RSIC•GENESIS•RUNE tokens. Blackrock’s IBIT Benefits From Airdropped Runes Tokens On Thursday, Arkham, an onchain intelligence firm, revealed on social media platform X that two of Blackrock‘s IBIT bitcoin addresses possess tokens based on the Runes protocol.

Blackrock’s Bitcoin ETF Wallets Hold Over $20,000 in Runes Tokens, Arkham Data Shows   Read More »

Crypto Influencer ‘Jay Mazini’ Receives Seven-Year Jail Sentence And $10M Asset Seizure

In a Brooklyn federal court, a crypto-influencer on social media sites such as Instagram, Jebara Igbara, also known as “Jay Mazini,” was sentenced to 84 months for wire fraud, wire fraud conspiracy, and money laundering.  According to the United States Attorney’s Office for the Eastern District of New York, Igbara’s schemes resulted in substantial financial

Crypto Influencer ‘Jay Mazini’ Receives Seven-Year Jail Sentence And $10M Asset Seizure Read More »

Recognizing Recent Efforts By Volunteer Contributors on the Translation Team

Through continued donations and support from the community, we’re thankful to have recently been able to send out over $15,000 USD worth of bitcoin as a gesture of gratitude to people who volunteer to help translate bitcoin.org and spread the word about Bitcoin. Each month, contributors are helping localize bitcoin.org so that more people around

Recognizing Recent Efforts By Volunteer Contributors on the Translation Team Read More »

Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain

The Bitcoin network is currently experiencing significant congestion, leading to high transaction fees and delays in confirmation times. Why is the Bitcoin Network Congested? The growing popularity of Bitcoin has resulted in an increased number of transactions, straining the network’s capacity. Additionally, the limited block size of 1MB means that only a fixed number of

Understanding Bitcoin Network Congestion: High Fees, and What to Do | by Blockchain.com | @blockchain Read More »

Bitcoin (BTC) Mining Pool ViaBTC Sells ‘Epic’ First Post-Halving Sat

In the three previous halvings, there was little up for grabs other than bragging rights for mining the first block. However, the advent of the Ordinals protocol meant sats – the smallest denomination of bitcoin, equal to 0.00000001 BTC – could be identified and traded as if they were unique tokens, similar to non-fungible tokens

Bitcoin (BTC) Mining Pool ViaBTC Sells ‘Epic’ First Post-Halving Sat Read More »

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