NFTs

Crypto exchange Binance has announced that its NFT marketplace will no longer support Bitcoin Ordinals.

Over the last year, Bitcoin Ordinals have taken the digital collectible world by storm, and they’ve now garnered the attention of financial titan Franklin Templeton. The digital assets division of the global investment firm today featured the rise of Ordinal inscriptions in a new prospectus.

OpenSea, the leading NFT marketplace during the 2021-2022 bull run, is now in the middle of a transition to a new “OpenSea 2.0” launch with a much leaner team following layoffs last fall.

Bitcoin Ordinals startup OrdinalsBot—which helped mine the largest-ever Bitcoin block and is working with Wu-Tang rapper Ghostface Killah on Ordinals—announced Tuesday that it surpassed its funding goal with a $3 million seed round led by DACM.

The Metaplex Foundation revealed Monday that it is launching a new non-fungible token (NFT) standard for Solana that is cheaper to mint and easier for developers to work with—and crucially, given recent congestion, it requires substantially less Solana network compute too.

After launching its first-ever tokenized asset fund on Ethereum earlier this week, BlackRock is quickly getting acquainted with life on-chain—and all the weird and wonderful things associated with it.

The creators of a popular Bitcoin Ordinals project called Runestone sent the original “parent” inscription—which they valued at 8 BTC, around $525,000 worth—to a wallet purported to belong to mythic Bitcoin creator Satoshi Nakamoto on Wednesday.

Ethereum is down this week despite recently setting its highest price in over two years, but the market lull didn’t stop someone from spending big on Wednesday: A CryptoPunks NFT was just purchased for more than $16 million worth of ETH.

Ghostface Killah, a founding member of the legendary Wu-Tang Clan, is launching a collection of music-themed Ordinal Inscriptions on the Bitcoin blockchain, the hip-hop icon announced on Twitter on Monday.