Bitcoin Ordinals Launchpad Introduces BRC-69 Standard, Promising 90% Cost Reduction
Luminex, a launchpad platform for Bitcoin Ordinals, has proposed a new BRC-69 standard which promises a staggering reduction of more than 90% on inscription costs. Ordinal inscriptions are digital assets similar to NFTs,...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Ordinal inscriptions are digital assets similar to NFTs, inscribed on a Satoshi, the lowest denomination of a Bitcoin (BTC). Bitcoin Ordinals are on-chain, directly written on the Bitcoin network. Ordinals previously had a 4-megabyte limit on inscriptions....
Read More: Bitcoin Ordinals Launchpad Introduces BRC-69 Standard, Promising 90% Cost Reduction
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CryptonewsRelated market context
Banking Giant Standard Chartered Expands Crypto Custody to Singapore
Standard Chartered is preparing to bring institutional crypto custody to Singapore, expanding its digital asset operations into an...
EU Securities Regulator Wants Crypto Platforms to Wind Down Non-MiCA Stablecoin Services
The European Securities and Markets Authority (ESMA) issued an opinion dated Oct. 8 saying licensed crypto platforms should stop s...
Bitwise finds 5 US wealth platforms restrict Bitcoin ETP access
Limited access to Bitcoin ETPs on major platforms may hinder widespread adoption, affecting potential capital inflows and industry...
MiCA rejection forces German crypto platform into operational overhaul
Bitcoin.de is rebuilding its operating model after German regulators rejected its MiCA authorization, forcing it to outsource trad...
EU crypto platforms given 3 months to remove unauthorized stablecoins
The ESMA's directive may reshape EU crypto markets by limiting non-compliant stablecoins, potentially altering global regulatory t...
UK sanctions crypto platforms suspected of supporting Russian financial networks
The UK sanctioned Cryptomus, Heleket and TokenSpot in a Russia sanctions package, with TRM Labs identifying links to Grinex and Ga...