Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more
Bitcoin transaction fees from Ordinals inscriptions have exploded by 240% over the last month.
Meta pulling the plug on NFTs across Instagram and Facebook
The short-lived NFT features were first launched in May 2022, but Meta’s financial technology lead said it’s “winding down” the tools to focus elsewhere.
What are Bitcoin ordinals?
Bitcoin ordinals have been the most hyped-up Web3 trend of 2023 so far. How do ordinals compare to traditional NFTs, and what are the opportunities?
Magic Eden to refund users after 25 fake NFTs sold due to exploit
Over two dozen fake NFTs were sold on the Magic Eden marketplace over a 24-hour period due to a “massive exploit” on the platform.
Marvel and DC bar comic book artists from selling superhero NFTs
The comic book publishing giants want to maintain sole control of their intellectual property in the NFT space.
Austrian Post combines NFT and NFC tech for digital postage stamp
The Austrian post is set to incorporate Near Field Communication to its award-winning nonfungible token digital postage stamp.