HomeUncategorizedNifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more By Cointelegraph

Nifty News: BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more By Cointelegraph

April 13, 2023

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© Reuters.

(BTC) miners have pocketed over $5 million from creating nonfungible tokens (NFT) inscriptions using the Ordinals protocol.

Transaction fees for Ordinals transactions exploded 240% from $1.5 million on March 10 to 5.2 million by April 12, according to Dune Analytics data.

Transaction fees paid for Ordinals inscriptions hit the $5 million mark on April 11. Source: Dune Analytics

Reddit’s Gen 3 NFTs plagued by botting claims

Adidas (OTC:) releases first in series of dynamic NFTs

The ALTS by adidas NFTs are selling for a minimum of around 0.66 ETH. Source: OpenSea

Be nonfungible, my friend: Bruce Lee enters Web3

Cover album of “House of Lee: Genesis” NFT. Source: Manifold

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