The U.S. may ban lawmakers from betting on Kalshi and Polymarket
Congressman Bryan Steil introduced the Stop Lawmakers from Predicting Act. The document bars members of Congress, their spouses and minor children from wagering money on politics and government decisions using prediction markets. Steil is a Republican from Wisconsin; he chairs the Committee on House Administration. The reason for…
Microtransactions account for 80% of bitcoin activity
A surge in microtransactions has become the main driver of the increase in bitcoin network activity. The share of transfers worth less than 0.01 BTC rose to about 80% of the daily number of transactions, CryptoQuant reported. For comparison, in 2023 the figure was around 44%. The use of the OP_RETURN code rose to record levels. Researchers linked the trend to…
Microtransactions accounted for 80% of bitcoin activity
A surge in microtransactions became the main driver of increased bitcoin network activity. The share of transfers of less than 0.01 BTC grew to roughly 80% of the daily number of transactions, CryptoQuant reported. For comparison, in 2023 the figure was around 44%. The use of OP_RETURN code rose to record levels. Researchers linked the dynamics to…
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