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Bitcoin Ordinals protocol inscription cumulative fees exceed $200 million for the first time

DuneAnalytics, the cumulative cost of the Bitcoin network's Ordinals protocol inscription casting has reached 4,617.7833 BTC, equivalent to approximately 201,685,970 US dollars. The current total amount of cast inscriptions is 50,080,325. Historical data shows that the cumulative cost revenue of Bitcoin Ordinals protocol inscriptions exceeded 100 million US dollars on November 19, which means that the value of this indicator has doubled in about a month.

INJS: Abnormal engraving activity was found, and the Memo field of the Mint rule has been updated.

The Injective Inscription project INJS has detected some abnormal inscription activities on its social platform. Users are advised to note that the inscription process has not yet begun. The Memo field in the Mint rules has been updated and users can refer to the official documentation.Injective Inscription INJS will start inscription at 23:00 tonight and will launch the inscription market.

Bitget will launch the COM/USDT trading pair at 20:00 today

Bitget will list BRC20.COM (COM) on the Innovation Zone, Inscription Zone, and BTC Ecological Zone. The recharge channel is now open, and the trading channel will be open at 20:00 today.

Slow Mist Cosine: Maliciously stuck inscription transactions are possible with low transaction fees

A user on X platform, @BTW0205, claimed that there is a malicious behavior where buyers initiate transactions with extremely low Gas to purchase inscriptions, causing them to be unable to trade in the short term. They would then accelerate the transaction after the price rises, and cancel the transaction after it falls.

Sotheby’s first auction of Bitcoin NFT series sold for about $450,000

Sotheby's auctioned for the first time a "inscription" created using the Bitcoin blockchain Ordinals protocol (from a pixelated collection called "BitcoinShrooms"), which sold for about $450,000, five times the highest estimate. The auction, which ended on Wednesday, consisted of three images created by an artist using the pseudonym Shroomtoshi. According to a spokesperson for the auction house, the three items received a total of 148 bids, with more than two-thirds of bidders being new buyers for Sotheby's.

Bitcoin Inscription CVE vulnerability does not mean it is necessary to fix it. Whether to fix it depends on Bitcoin Core's attitude

SlowMist founder Yu Xian stated on social media that the issue of the Bitcoin sequence inscription being assigned a CVE number was originally a controversial issue within the community. However, the controversy was submitted to CVE, a widely influential vulnerability platform, and NVD (which many people say is a US government agency) and other vulnerability platforms also adopted the CVE number. The entire security and even IT industry recognizes these standards. But there is an objective fact: CVE vulnerabilities do not necessarily need to be fixed, especially those with low vulnerability ratings, such as the Bitcoin sequence inscription, which has a score of 5.3 (out of 10) and is a medium-risk vulnerability. If we look at the details, there are several indicators that affect the final score, some of which have a score of 0, and the "impact" indicator is only 1.4 points. In this case, whether it is finally fixed or not depends on the attitude of Bitcoin Core, and whether it is executed after the repair depends on the attitudes of the mining pools and influential individuals.

Bitcoin Inscription vulnerability CVE was officially adopted by the US National Vulnerability Database

BlockBeats News, on December 12th, SlowMist founder Yu Xian stated on social media that the Bitcoin sequence inscription vulnerability CVE has been officially adopted by the US National Vulnerability Database (NVD), with a CVSS vulnerability level rating of 5.3, which is a medium severity level.