Tuesday, March 28, 2023
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Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents – Technology Bitcoin News

The Rollkit development team has announced that Bitcoin has been integrated as a means for sovereign rollups to store and retrieve data. The developers have stated that it is now possible to run the Ethereum Virtual Machine (EVM) on Bitcoin as a sovereign rollup. However, some Ethereum proponents have expressed

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‘Scammers dream’ — Yuga’s auction model for Bitcoin NFTs sees criticism

Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Bitcoin Ordinals, over how it plans to auction its new Bitcoin NFT collection. On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using

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Solana Faces Renewed Criticism After 10th Downtime and Bumpy Restart, but Developers Remain Optimistic – Bitcoin News

Following the initial incident on Feb. 25, Solana resolved the blockchain’s performance degradation after validators decided to restart the network. According to an outage report following more than 24 hours of downtime, Solana developers detailed that the “root cause is still unknown and under active investigation.” Social Media Mocks Solana’s 10th

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Original Bitcoin Wizard Artist Raises Nearly $150,000 in BTC via Lightning, Despite Criticism From Bitcoin Maximalists – Bitcoin News

On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and the r/bitcoin moderator

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Yellen’s Comments on Zambia’s Debt Restructuring Draw Criticism From Chinese Embassy – Economics Bitcoin News

The Chinese embassy in Zambia denounced the United States over its debt limit and the “extraordinary measures” Treasury secretary Janet Yellen has implemented to stave off a U.S. debt default. Yellen said on Monday that it was very important that Zambia restructure its debt, but Zambia sees it differently. The

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Game of Thrones NFTs Sell Out Quickly, But Draw Criticism for ‘Poorly Drawn’ Characters – Bitcoin News

The cryptocurrency community is discussing the new “Game of Thrones” non-fungible token (NFT) assets that were launched on the NFT marketplace niftys.com. The “Build Your Realm” collection sold out on Jan. 10, the day it was released. However, there have been complaints from fans, with some calling the NFTs “poorly

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Binance joins lobbying group as criticism of the exchange ramps up

Binance has joined the Chamber of Digital Commerce, a United States crypto industry lobbying group, according to a Dec. 20 press release from the exchange. The move comes after Binance has been criticized for allegedly being unregulated.Binance’s vice president of public affairs Joanne Kubba expressed hope that the partnership would

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