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Wallet providers introduce BRC-20 token support despite market drawdown

On June 21, self-custody wallet provider BitKeep announced support for BRC-20 tokens issued on the Bitcoin network. With the feature, users can view, rank and transfer BRC-20 tokens and nonfungible tokens (NFTs). Developers also stated BRC-20 in-wallet swaps are coming “in [the] future." Last month, cryptocurrency exchange OKX also announced support

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OKX introduces BRC-30 token standard for bitcoin and BRC-20 token staking

Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied OKX, a leading web3 company, has proposed the industry-first BRC-30 token standard, which enables users to stake BRC-20 tokens and bitcoin, allowing them to earn BRC-30 tokens. This open-source protocol, combined with OKX Wallet’s support, offers

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Surge in Ordinal Inscriptions Ignites Exponential Growth in BRC20 Token Economy – Bitcoin News

Over the past four days, there has been a surge in Ordinal inscriptions, and as a result, the BRC20 token economy has experienced significant growth with over 10,000 additional coins. The current value of the BRC20 token economy now stands at $497.75 million, comprising a total of 24,677 distinct tokens.

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Lightning Labs launches rebranded ‘Taro’ amid Bitcoin’s BRC-20 bottleneck

Bitcoin (BTC) users have been given a possibly more efficient way to mint new assets on the blockchain aft an updated edition of the recently-rebranded Taproot Assets Protocol was released by Lightning Labs.In a May 16 blog post, Lightning Network infrastructure firm Lighting Labs criticized the current methods by which

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Okx Introduces New Ordinals Marketplace Amid Bitcoin Inscription and BRC20 Buzz – Bitcoin News

On Tuesday, the crypto firm Okx announced the launch of a new Ordinals marketplace. The platform is accessible via the Okx Wallet and will enable users to mint and trade Ordinal inscriptions and BRC20 tokens. While the Ordinals marketplace is still in its early stages, users can take advantage of

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BRC20 Token Economy Thrives Amidst Crypto Downturn, Surging 53% in Five Days – Bitcoin News

Despite the broader crypto-economy experiencing a downward trajectory, dropping 1.59% in the past 24 hours and hovering around $1.11 trillion, the BRC20 token economy has bucked this trend, expanding from $279 million to over $427 million within five days. Impervious to Market Slump, BRC20 Tokens Defy the Odds Built atop the Bitcoin

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