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Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee

Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee

Onchain data reveals a staggering incident where a bitcoin user inadvertently paid a fee of 83.65 BTC, amounting to a costly mistake of $3.1 millio...
Nov, 23, 2023
1 min read
by Bitcoin News
Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million

Bitcoin Witnesses Second-Highest Daily Ordinal Inscription Count as Inscriptions Near 30 Million

While Bitcoin-based nonfungible token (NFT) sales have declined, and the network has dropped to seventh out of 23 blockchains in sales this past mo...
Sep, 07, 2023
2 min read
by Bitcoin News
Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike

Bitcoin Miners Navigate Record Challenges and August’s Dual Difficulty Hike

Bitcoin miners faced another uphill battle this month, marking the second straight increase in mining difficulty. On August 22, at block height 804...
Aug, 23, 2023
2 min read
by Bitcoin News
As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

As Ordinal Transaction Dominance Soars, NFT Advocates Question Bitcoin’s Reported Downturn

Metrics reveal a significant day for the Bitcoin blockchain as 411,511 Ordinal inscriptions were minted Sunday, clinching the title of the second m...
Aug, 21, 2023
2 min read
by Bitcoin News
Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity 

Bitcoin’s Historic Surge: Record 682,281 Transactions in a Day Mark 2023 as Year of Increased Activity 

In a year marked by historic milestones, the Bitcoin network has recorded its most active period ever, processing the highest number of confirmed t...
Aug, 06, 2023
3 min read
by Bitcoin News