Author: Leah

Digital art fanatic who brings a unique perspective to NFT news.

The Runes Protocol, launching in late April, is set to transform the Bitcoin landscape with a new fungible token standard. Developed by Casey Rodarmor, the creator of Bitcoin Ordinals, Runes marks his latest innovation on the Bitcoin network. Bitcoin Ordinals enable the data to be directly embedded onto individual Satoshis – the smallest denomination of Bitcoins. However, the current token standard for Bitcoin assets, BRC-20, has a drawback. It creates excess “junk” in the form of Unspent Transaction Outputs (UTXOs) that can clutter the network and lead to slower, less reliable and more expensive transactions. This is where Runes comes…

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Popular web3 farming game Pixels has announced a fresh airdrop for its native $PIXEL will start today, following the news that from tomorrow, their Farm Land NFTs will be eligible to be bridged to the Ronin Network. Sky Mavis – the creators of Axie Infinity – are facilitating the move of Pixels NFTs onto their own EVM blockchain on Ronin in order to support Pixels’ substantial player count and improve the the efficiency of transactions on the Mavis Marketplace. Ronin has proven capable of scaling Pixels explosive growth, handling over $4 billion in NFT transactions to date – a boon…

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Amid the buzz surrounding web3 game Pixels, Ronin – the blockchain network hosting the title – has seen its native token, $RON, surge to new highs. According to CoinGecko, the price of $RON hit a record high at $4.41 this week, surpassing its previous peak in 2022. The token experienced a notable 12% increase in a single day, leading to an impressive 53% growth over the past week. With a market capitalization of $1.27 billion USD, a fully diluted valuation of $4.21 billion USD, and a daily trading volume of $59.8 million USD, $RON has demonstrated remarkable growth, spurned by…

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Yesterday, Runestone, a Bitcoin Ordinals project led by anonymous collector and NFT expert LeonidasNFT, achieved a historic milestone by mining “the largest inscription ever, AGAIN!” Coming in at a whopping 3.97 MB, ‘Inscription 63,150,674’ was mined through a collaboration between Marathon Digital’s Slipstream, a service for direct Bitcoin transaction submissions via its MARA mining pool, and OrdinalsBot, which streamlines Ordinals, using Casey Rodarmor’s protocol. The project’s name, Runestone, aligns with the upcoming Runes token standard by Rodarmor. Though it does belong to the Runes ecosystem, it’s not a Runes token – yet. Leonidas explained the rationale behind the Runestone initiative…

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