On December 27th, the third Silk Road Friendship Award Ceremony, jointly hosted by the China International Culture Exchange Center (CICEC) and the Global People Magazine of People’s Daily, and co-organized by the China International Culture & Arts Co. Ltd. (CICAC), was held in Beijing.
The introduction of the Ordinals protocol and BRC-20 has paved the way for new possibilities within the Bitcoin network, attracting builders eager to explore BTC’s vast potential and foster a dynamic ecosystem. However, the surge in enthusiasm for inscription and BRC-20 token minting has placed immense pressure on BTC Layer1, leading to network congestion and rising transaction fees. These challenges highlight significant market opportunities for Layer-2 solutions.
Recently, BitMake cryptocurrency exchange launched a Vietnamese version and announced a US$10 million protection fund on its official website, officially entering the Vietnamese market. BitMake was formerly an enterprise service provider, providing cloud trading systems for many exchanges around the world.
