Dossier
Bitcoin Ordinals
Coverage of Bitcoin Ordinals in the Nexus archive.
- Tax evaders are trying ‘novel digital assets’ to dodge authorities: Chainalysis
Italian authorities discovered a tax evasion scheme where an individual used Bitcoin Ordinals and BRC-20 tokens to hide approximately $1.1 million in assets. Chainalysis reports that tax evaders are increasingly turning to novel digital assets to conceal income from authorities. This represents a growing concern for law enforcement agencies monitoring cryptocurrency-based financial crimes.
- Bitcoin Ordinals explorer Ord.io to shut down alongside trading app Zap
Bitcoin Ordinals explorer Ord.io and its associated consumer app Zap will shut down on June 1. The shutdown was announced on X. This closure affects Bitcoin Ordinals browser and trading app users.