A demo video was published with the released of Google Gemini showing off some amazing capabilities. Yet, the video was edited to make it look like one seamless interaction shot in real time, which is wasn’t.
Tag: Crypto Transactions
TON blockchain crippled by Bitcoin Ordinals-style token transactions
The “most scalable blockchain ever” experienced a spike in activity, causing its network to experience delayed settlements.
DWF Labs buys $1.25 million of FLOKI, coin sees 18% growth in 24 hours
DWF Labs has further solidified its alliance with the FLOKI ecosystem by substantially acquiring FLOKI tokens valued at $1.25 million.
Bitcoin Hits Second-Highest Transaction Day Amid Price Surge, Record Influx of Ordinal Inscriptions
Bitcoin marked its second most active day for transactions on December 3, 2023, as the cryptocurrency’s value soared past the $40K mark. This surge in activity comes closely after the record-setting day of November 19, 2023, when bitcoin miners validated 710,579 transactions. On Sunday, bitcoin miners authenticated a total of 707,876 transactions during the 24-hour […]
Bitcoin Transaction Fees Dip Amid November’s Surging Miner Revenues
Transaction fees for Bitcoin have eased, following their surge to more than $18 per transaction on two separate occasions last week. As of November 24, 2023, the average fee per transaction stood at roughly $5.89, with the median fee per transfer being $2.86. Bitcoin Fees Cool Down — November’s Mining Revenue Has Already Outstripped October’s […]
Bitcoin Achieves Lifetime Record With Over 710,000 Daily Transactions Confirmed on Sunday
On Sunday, November 19, 2023, Bitcoin achieved a historic milestone, registering the highest number of daily transactions ever confirmed within a 24-hour span. A significant 710,579 transfers were confirmed by miners that day, including a significant portion of 475,249 Ordinal inscriptions. Bitcoin Hits Lifetime Peak: 710K+ Transactions in 24 Hours This recent weekend marked a […]
Bitcoin Transaction Fees Skyrocket, Reaching Second Highest Point of 2023 Amidst Backlog Woes
On Thursday, November 16, 2023, Bitcoin saw its average transaction fees peak at $18.69 per transfer, marking a high of 0.00051 BTC. This surge represented the second-largest increase in 2023. However, the following day saw a reduction in onchain fees. Despite this, as of 8:13 a.m. Eastern Time, there was a considerable backlog of approximately […]
Polygon hits 2023 peak in transaction volume
According to a Nov. 15 post from WuBlockchain, a Chinese Reporter that typically reports crypto news in Asia, the Polygon network hit a peak in transaction volume, surpassing 6.1 million transactions.
Bitcoin Hits 40 Million Inscriptions Milestone and Second-Highest Day of Confirmed Transactions
Data reveals a milestone in the Bitcoin blockchain, with a tally of 40 million Ordinal inscriptions etched into its ledger. Inscription records were shattered on November 12, 2023, when a daily peak saw 505,345 inscriptions created in a single day. This burst of activity propelled Bitcoin to new heights, with the day marking a new […]
Bitcoin Fees Climb 150% in 3 Days as Block Space Grows More Expensive
Transaction fees within the Bitcoin network have surged considerably, eclipsing the figures recorded merely three days prior. A transfer deemed high-priority, which formerly cost an average of $3.38, now demands a fee of $8.46. This significant increase was recorded on Thursday, November 9, 2023, at precisely 9:52 a.m. Eastern Time. This upsurge coincides with a […]
Bitcoin’s Transaction Backlog Swells With Latest Inscription Wave, Pushing Fees Up 4,000%
After a quiet period post-September 15, Bitcoin transaction backlogs are surging anew, with a noticeable resurgence of Ordinal inscriptions starting October 24. The number of pending bitcoin transactions in the mempool has surpassed 157,000, prompting a rise in high-priority transaction fees to $3.38. Bitcoin Sees Renewed Congestion, With Transaction Fees Hitting New Highs As of […]