19 million Bitcoin have been mined, less than 2 million left

    The 19th millionth Bitcoin (BTC) was mined on Friday, a landmark occasion for the world’s first and biggest cryptocurrency. Yet 2 million Bitcoin to be mined until about the year 2140. Meanwhile, Bitcoin network difficulty reached a new all-time high. The Bitcoin (BTC) network reached a milestone on Friday, April 1, 2022, after records show…

    EU lawmakers vote for new KYC rules, roiling the crypto industry

    European Union lawmakers voted on Thursday in favor of controversial measures to outlaw anonymous crypto transactions, a move the industry said would stifle innovation and invade privacy. Coinbase, Gemini, and other companies denounced the EU’s anti-money-laundering requirements. According to Reuters, the proposals are intended to extend anti-money laundering (AML) requirements that apply to conventional payments…

    Binance Blockchain Week 2022: Web3, GameFi, NFTs and mass adoption of crypto

    Binance Blockchain Week 2022 was held in Dubai on 28-30 March 2022. The three days of the annual conference involved the brightest and most influential minds in the blockchain ecosystem and the leading crypto industry speakers all over the world. Among hot topics discussed at the various panels, fireside chat sessions, and thoughtful keynotes were…

    Beginner’s Guide: What is Polygon (MATIC)?

    Polygon is one of the most popular Ethereum layer-2 scaling solutions with a booming DeFi ecosystem. Everything you need to know about it writes Jose Oramas on CryptoPotato. Polygon, formerly known as MATIC network, is a layer-2 scaling solution created in 2019 to address several limitations in the Ethereum blockchain, such as transaction speed, throughput,…

    IMF says sanctions on Russia could boost the use of crypto

    As the Russian invasion of Ukraine enters its second month, Gita Gopinath, the International Monetary Fund (IMF) official, has warned that the financial sanctions imposed on the invading country, including restrictions on its central bank, could have some wide-reaching effects on currencies. With this, the Chinese yuan and cryptocurrencies could see their adoption accelerate with…

    Dubai’s crypto regulator grants BitOasis a virtual asset license

    BitOasis, a Middle East-focused crypto exchange based in the UAE, has received provisional approval from Dubai’s new crypto regulator (VARA), while the UAE pushes to become a global hub for the virtual asset sector. Earlier this month, Dubai enacted its first law governing digital assets, establishing the Virtual Asset Regulatory Authority (VARA) to oversee the…