Bitcoin Ordinals have become the latest layer-2 solution to enable storing of art directly on the Bitcoin blockchain, allowing users to migrate their Ethereum ERC-721-based non-fungible tokens (NFTs) onto the Bitcoin blockchain.
Cryptocurrency exchange Bybit has revealed plans to withdraw from the Canadian market as early as May 31, following several other trading platforms that have departed the country.
The company behind the popular USDT stablecoin, Tether, has recently announced its expansion into the renewable energy sector and sustainable Bitcoin mining in Uruguay, in a move that sees it diversify its operations.
Top stories in the Crypto Roundup today:
- Ethereum NFTs Can Now Be Bridged to Bitcoin
- Bybit Announces Plans to Cease Operations in Canada
- Tether Diversifies into Renewable Energy and Bitcoin Mining in Uruguay
- Chart of the Week: BTC-AUD Sees Major Discount on Binance