What Happened on May. 24th | Bitcoin now the 2nd Popular NFT Chain
According to data from CryptoSlam, Bitcoin ordinals trading volume currently stands in second place behind Ethereum, surpassing Solana. The 30-day trading volume amounted to $171 million, a over 400% increase compared to previous month.
At the current stage, both Ordinals and BRC-20 are purely speculative assets with no real use case. It shall remain to be seen if Bitcoin NFT could sustain its position.
Biggest Gainers & Losers
Multichain Criticized for Having Cross-chain Funds Stuck: Multiple crypto KOL said on Twitter that Multichain users' funds are stuck after using the bridge for cross-chain transfers.
Jump Crypto: Celer cBridge Had a Vulnerability that Threatened $130 Million Capital: Jump Crypto found a critical vulnerability in Celer's State Guardian Network, a blockchain designed to facilitate cross-chain communication.
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