brc-20

According to a report by the blockchain analysis platform Chainalysis, the economic and financial police department of Foggia, Italy, recently uncovered a tax evasion case. The individuals involved are suspected of using the Bitcoin Ordinals protocol and the BRC-20 token standard to create and resell tokens, concealing approximately $1.1 million (€1 million) in capital gains on-chain, with the profits continuously reinvested into new inscription operations.Chainalysis pointed out that although such emerging technological means may seem covert, the inherent transparency of blockchain leaves a permanent and immutable record of transactions. Blockchain intelligence can effectively track tax evasion by reconstructing financial networks and cross-referencing exchange declaration data. The agency warned that as new categories of digital assets continue to emerge, the gap between real on-chain wealth and declared tax status will become a key investigation target for global law enforcement agencies.

According to Coingecko data, several tokens in the BRC-20 sector are experiencing slight pullbacks while still rising. Currently, the overall market capitalization of this sector has dropped to approximately $19.2 million, with a 1-hour decline of 2.7%.Among them: MUBI is currently at $0.001196, with a 1-hour decline of 6.2%; ORDI is currently at $7.11, with a 1-hour decline of 3%; SATS is currently at $0.00000001901, with a 1-hour decline of 5.3%; TURT is currently at $0.0002513, with a 1-hour decline of 15.4%; 1000SATS is currently at $0.00001899, with a 1-hour decline of 3.8%.

According to Coingecko data, multiple tokens in the BRC-20 sector are still rising, with the current market capitalization of this sector exceeding 237 million USD, a 24-hour increase of 135.2%, and a 24-hour trading volume of nearly 1.6 billion USD.Among them: MUBI is currently priced at 0.001429 USD, with a 24-hour increase of 398.9%; ORDI is currently priced at 9.15 USD, with a 24-hour increase of 144.7%; SATS is currently priced at 0.00000002266 USD, with a 24-hour increase of 60.8%; TURT is currently priced at 0.0002204 USD, with a 24-hour increase of 36.6%; and 1000 SATS is currently priced at 0.00002215 USD, with a 24-hour increase of 59.8%.

UniSat officially stated on social media that the team has noticed recent changes in the Bitcoin ecosystem (Magic Eden will close its Bitcoin and EVM markets). However, for UniSat, it will continue to firmly support the development of the Bitcoin mainnet ecosystem and will keep investing in the infrastructure for Ordinals, Runes, and brc-20.The following phased adjustments and upgrades will be implemented in the future: UniSat Marketplace: gradually lowering the market participation threshold. Starting from March 1, 2026, UniSat Marketplace will implement a 90-day zero service fee policy across the platform. UniHexa: expanding the current invitation round. Next week, the early access invitation scope for UniHexa will be expanded. UniHexa is a unified on-chain exchange service for brc-20 and Runes. brc-20: a technical discussion on single-step transfers will soon begin. The team will soon share detailed technical discussions on implementing brc-20 single-step transfers on the Bitcoin mainnet. For developers: UniSat API upgrade. The UniSat API is expected to be upgraded to a fully functional MCP soon, capable of providing commercial-grade Bitcoin on-chain data. Long-term participation in the Fractal standard indexing service. UniSat will gradually purchase FB from the market to participate in the Fractal standard indexing service, which is planned to launch in Q2. The initial phase will purchase no less than 500,000 FB, and the first phase deployment will start and complete within 15 days. These FB will be used for long-term participation in index staking.

ChainCatcher message, according to the Web3 asset data platform RootData X tracking data, in the past 7 days, the extended wallet for Ordinals and brc-20 UniSat has been the project with the most unfollows from X (Twitter) top figures. The new influential figures on X who unfollowed this project include well-known cryptocurrency trader Hsaka(@HsakaTrades), crypto KOL Kuai Dong(@_FORAB), and Sea(@Sea_Bitcoin).

ChainCatcher news, according to the official announcement, OKX Wallet is upgrading its services for the Fractal BRC-20 protocol. During this period, related services for Fractal BRC-20 will be temporarily unavailable, and the affected services are expected to resume normal operations in mid to late June 2025.After the service upgrade is completed, you will be able to view and manage assets related to the Fractal BRC-20 protocol normally within the wallet.

According to ChainCatcher news and the official announcement, OKX Wallet is undergoing an upgrade of the Fractal BRC-20 protocol service. During the upgrade, related services for Fractal BRC-20 will be temporarily unavailable, and the affected services are expected to resume normal operations on May 30, 2025. After the service upgrade is completed, users will be able to view and manage assets related to the Fractal BRC-20 protocol normally within the wallet.

ChainCatcher news, the BRC-20 inscription project Ω has recently reached a historic high, with a price of 0.00013 sats and a 24-hour increase of up to 80%. The number of holding users has exceeded 7000+.Recently, Ω has attracted participation from multiple communities including the United States, Japan, South Korea, Malaysia, Thailand, Hong Kong, and Taiwan, further expanding its global influence.

ChainCatcher news, UniSat CEO Lorenzo posted on the X platform that over the past year, the decentralization of BRC-20 has been higher than expected. Currently, the community's various views on UniSat's so-called influence in the BRC-20 ecosystem can be temporarily set aside, focusing solely on the technical development and impact of BRC-20. As an index service provider, UniSat's actual impact on the BRC-20 standard can be considered negligible.Over the past year, UniSat's understanding of this has gradually changed, investing a lot of effort to advance the standard through proposals and iterations. However, as observed over the past 12 months, it has proven that UniSat's progress in standardization has been both slow and challenging.

ChainCatcher message, UniSat has released PizzaSwap Pre-Launch update notes on platform X, including:Fractal's brc-20 will recognize PizzaSwap module events, and if the index does not handle the related inscription events, it may lead to inconsistencies between the index and the results;It is strongly recommended that platforms supporting brc-20 on Fractal temporarily disable the brc-20 market and related transfer functions during the PizzaSwap launch. Once the inscription event integration is complete and the index results are aligned, these functions can be re-enabled;Proposed solution: Other indexing service providers should interact with withdrawal inscription events, and relevant APIs can be used to determine whether the withdrawal inscriptions are valid.ChainCatcher previously reported, according to the official announcement, UniSat stated that PizzaSwap will go live on Fractal on September 30, supporting assets bridged through Bool Bridge and SimpleBridge. On September 25, UniSat will open source the brc-20 indexing implementation on Fractal.

ChainCatcher news, Fractal Bitcoin stated on social media that it has open-sourced the Fractal-based BRC-20 protocol. Following the open-source release of Ordinals on September 14, the Fractal-based implementation of the brc-20 protocol has now been released. This release aims to help developers easily analyze and build applications related to brc-20.Open-source implementations based on Ordinals, brc-20, and other protocols will continue to be released in the future, such as the Runes protocol indexing component, gradually creating a developer-friendly source code framework.

ChainCatcher message, the BRC-20 hard fork led by the BRC-100 protocol, was successfully activated at Bitcoin mainnet block #859490. BRC-20 asset holders have already obtained 1:1 forked assets under the BRC-100 protocol, which can be queried, listed, and traded on the BRC-100 Marketplace and indexed at inbrc.org. The BRC-100 protocol is a scalable DeFi protocol based on Ordinals. Mikael, the founder of the BRC-100 protocol, stated: "This BRC-20 fork is the first meta-protocol fork, aimed at reactivating the inscription ecosystem."

ChainCatcher news, according to official sources, UniSat has announced the official launch of the BRC-20 minting service on the Fractal Bitcoin testnet, an extension network for Bitcoin.To avoid conflicts with existing assets on the Bitcoin mainnet, the rules for BRC-20 on Fractal have been specifically customized. The token code names on this public testnet will be limited to 6 - 12 bytes. Token codes with 4 or 5 characters are not allowed, as they are already in use on the mainnet. For BRC-20 on Fractal, token code names can include letters (both uppercase and lowercase: az/AZ), numbers (0-9), and underscores (_). A total of 63 different characters are available for use. All BRC-20 assets on Fractal support fair issuance and self-issuance.