ChainCatcher message, Binance announced the introduction of a new coin mining project Notcoin (NOT). As of May 9, 2024, the total supply of $NOT is 102,719,221,714, with a circulating supply of 102,719,221,714 after listing (accounting for 100% of the total token supply). A 100% circulating supply after listing does not mean that 100% of the tokens will immediately enter trading. This includes airdrops belonging to miners, which may not have been fully claimed at that time. Additionally, there is uncertainty regarding the timing of other allocated tokens entering secondary circulation.Binance's launch pool will allocate 3% of the total token supply, miners will receive 78% of the total token supply, the ecosystem fund will allocate 9% of the total token supply, community incentives will allocate 5% of the total token supply, and project development will allocate 5% of the total token supply.

ChainCatcher news, Bitcoin custody company Casa co-founder Jameson Lopp stated that due to factors such as the "block storm," the Bitcoin testnet occasionally produces over 10,000 blocks in a single day, leading to the current block height of 2,811,000 on the testnet, equivalent to the height of the Bitcoin mainnet in 2061. As a result, miner rewards on the testnet have decreased to nearly zero, making the network almost unusable for developers.Jameson Lopp suggested that Bitcoin developers and users migrate their infrastructure to "testnet4" in the coming months.

ChainCatcher news, according to OKLink data, Bitcoin completed its fourth halving at block height 840,000 on April 20 at 8:11 AM Beijing time. The price of Bitcoin at the time of halving was $63,734. After the halving, the BTC block reward was reduced from 6.25 BTC to 3.125 BTC.It is reported that a block halving refers to the process of reducing the amount of digital currency produced in a unit of time, mainly achieved by lowering the block reward. So far, the Bitcoin network has experienced three halvings in 2012, 2016, and 2020.