The number of Ordinals inscriptions on the Bitcoin blockchain has exceeded 10 million, just days after the departure of the project’s creator from the leadership role. The Ordinals protocol was launched in January, and quickly emerged as a preferred method for creating assets on Bitcoin.
Bitcoin and other cryptocurrencies started trading at a discount on Binance Australia, compared to their rates on competitor platforms within the country, in a disparity that comes as the platform is set to lose access to a key local currency withdrawal service.
Russian lawmakers have abandoned their plans to establish a state-run cryptocurrency Exchange and are instead set to focus on setting up regulations for existing cryptocurrency trading platforms.
Top stories in the Crypto Roundup today:
- Bitcoin Asset Creation Protocol Ordinals Hits 10 Million Inscriptions Milestone
- Bitcoin Trades at a Discount on Binance Australia Ahead of Fiat Ramp Closure
- Russia Ditches State-Run Crypto Exchange Plan
- Stablecoin Trading Volume Drops to Yearly Lows