Magic Eden's coders prepare for bitcoin halving with Runes Platform

CNBC April 22, 2024, 09:00 PM UTC

Summary: Magic Eden's coders gathered in a San Jose Airbnb to prepare for the bitcoin halving, launching the Runes Platform. Bitcoin hit an all-time high of $73,000 in March. The event coincided with major blockchain launches. Runes, an efficient asset issuance system, aims to boost DeFi on bitcoin. VC interest in layer two bitcoin projects is growing, with $1.9 billion invested in Q4 2023. Bitcoin's ecosystem is poised for growth.

Full article

Article metrics
Significance5.6
Scale7.0
Magnitude7.5
Potential8.5
Novelty6.0
Actionability4.0
Immediacy8.0
Positivity7.0
Credibility9.0

Timeline: