Binance, the world’s largest cryptocurrency exchange, received a long-awaited regulatory license in Dubai. Binance received its Virtual Asset Service Provider (VASP) license after co-founder Changpeng Zhao gave up his voting power in the exchange’s local entity, unnamed people familiar with the matter told Bloomberg on April 18. The Virtual Assets Regulatory Authority’s (VARA) final requirement for granting…

Solana’s native token SOL experienced a significant 21% decline over the past week, reaching its lowest point in nearly six weeks. This downturn triggered a substantial $113 million in liquidations of leveraged long SOL futures contracts since April 11, suggesting that investors may have been overly optimistic following SOL’s 61% price surge in March. This raises…

The ICO boom of 2018 was an absolute disaster. It was a Wild West that saw venture capital (VC) funds throwing money at the wall to see what stuck with little regard for due diligence. More than $7 billion was funneled into ICOs in 2018, often based on little more than a drunken conversation at…

The level of interest in the ‘Bitcoin halving’ on Google has soared to its highest point of all time, with predicted data pegging it at more than double that of the last halving in 2020. Search interest for the term ‘Bitcoin halving’ has already reached a score of 45, according to Google Trends data — with Google…

Yat Siu, the founder of Animoca Brands, spoke at WebSummit Rio on April 16 on a panel titled “Bitcoin’s Revenge: Is Web3 Making a Comeback?” At the panel, Siu said he has no doubt that Bitcoin will reach $1 million: “I do believe that Bitcoin could reach over a million dollars-plus over time. But, I believe,…

Bitcoin’s growing dominance over the last 15 years signifies the importance of the mechanisms creator Satoshi Nakamoto devised to overcome the shortcomings of the fiat ecosystem — one of them being halving. Nakamoto invented the Bitcoin halving mechanism, which reduces the BTC rewards for mining over time to slow down the issuance of the limited 21 million…