Honey Badger Ordinals NFT Sells for $450K as Controversy Swirls Over Bitcoin Blockchain Use
• Inscription #8 from the Honey Badger Ordinals collection sold for 10.4 BTC (~$450,000) on Magic Eden NFT marketplace • The buyer was pseudonymous Twitter user "OG General" • Over 46 million Ordinals inscriptions have been created on the Bitcoin blockchain since the project launched in January • Famed auction house Sotheby's announced the first sale of an Ordinals collection called "Bitcoin Shrooms" by artist Shroomtoshi • Bitcoin Core developer Luke Dashjr has criticized Ordinals, calling them spam that exploits a vulnerability to bypass Bitcoin's data size limits