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The cryptocurrency market has experienced notable growth this week. Bitcoin has surpassed $41,000, achieving its peak levels for the year. Altcoin prices have also increased alongside the leading cryptocurrency. Notably, the meme coin sector and BRC-20 tokens have shown significant activity.
A Bitcoin Core developer referred to digital artifacts created on the Ordinals protocol and BRC-20 tokens as spam. He accused their developers of executing regulatory DDoS attacks on the Bitcoin network. The Bitcoin team intends to eliminate the ability to embed data into transaction signatures in 2024, which could adversely affect the Ordinals protocol.
Several advancements in distributed ledger technology (DLT) have been introduced or announced over the past week. For instance, a prominent Brazilian bank has launched a blockchain platform for cryptocurrency trading, while the UAE has developed a blockchain platform for carbon credit trading. IBM and Block, the company founded by Jack Dorsey, showcased their solutions for enhanced cryptocurrency storage security. Circle developers revealed a novel concept for recoverable transactions, and Coinbase has rolled out a feature allowing users to send crypto through link generation. CoinsPaid Media provides daily coverage of these and other significant updates in the cryptocurrency market.
Additionally, the website includes various materials related to the Web3 industry, and our weekly digest highlights some of these resources.
- Step-by-Step Guide: How to Use Trust Wallet
Trust Wallet is among the most widely used cryptocurrency wallets. To enhance understanding of its functionalities, we have created a step-by-step guide for newcomers on how to navigate the app. Previously, we discussed the journey of Trust Wallet from a startup to the leading crypto application.
Related Posts
- SOFTSWISS Executes Secure and Rapid Migration for iGaming Operators
SOFTSWISS, a prominent software provider in the iGaming sector, successfully migrated over 100 TB of data in just five hours. The project team shared their achievements and disclosed the factors that contributed to this success. This week, the company also received the “Brand IDOL of the Year” award for its marketing efforts within the iGaming industry.
- Video Tutorials on Our YouTube Channel
This week, two videos were published on our YouTube channel as part of the “Learn with Academy” series:
- Cryptocurrency Volatility — discussing the fluctuations in cryptocurrency values;
- P2P Networks: What Are They? — explaining peer-to-peer blockchain networks.
Subscribe to ensure you don’t miss upcoming episodes!
The post Trust Wallet Guide, Successful Case by SOFTSWISS, and New Videos by CP Media appeared first on CoinsPaid Media.
