A cryptocurrency ATM.
Photographer: Paul Yeung/BloombergSidhartha Shukla
The coders who maintain Bitcoin’s blockchain are clashing over whether to stamp out the meme tokens swarming the network.
A torrent of speculative coins led to a record number of transactions and an 11-fold spike in processing fees on the blockchain in May, creating a logjam and forcing the BINANCE exchange to temporarily halt Bitcoin withdrawals.