Digital bank [Revolut](https://www.revolut.com/), fintech unicorn based in London, has been granted permission to provide cryptocurrency services in the UK after passing the FCA's (Financial Conduct Authority) requirements for anti-money laundering.

The $33 billion valued digital bank Revoult was added to the [crypto asset firm register](https://register.fca.org.uk/s/search?predefined=CA) of the UK financial watchdog on September 26. 

Revolut had been attempting to get listed on the FCA's register since January 2021. The company has been operating as an authorised electronic money institution since May 2018.

The firm had previously offered cryptocurrency buying, selling, and trading to UK customers under the FCA's Temporary Registration Regime (TRR), which was designed to allow businesses to continue operating while their applications were being reviewed.

When the approval deadline passed at the end of March this year, the FCA allowed a limited number of companies to remain on the TRR. Revolut was one of five companies listed on TRR, alongside CEX.I0, Copper Technologies, GlobalBlock, and Moneybrain. None of the other four firms were later approved.

With the addition of the Revolut bank to the UK’s crypto asset firm register, there are now 38 companies authorised to provide custodial and exchange services for crypto assets.

## Other firms to win FCA crypto regulation

The [FCA](/news/article/ftx-uk-ban) was designated as the UK's anti-money laundering and counter-terrorism financing authority at the beginning of 2020. Since then, any firm wishing to engage in crypto activity in the UK has been required to register with the organisation under the Money Laundering, Terrorist Financing, and Transfer of Funds (Information on the Payer) Regulations 2017.

[Gemini](/news/article/gemini-crypto-exchange), [Kraken](/news/article/kraken-ceo), eToro, and Archax are among the other firms that have met the FCA's anti-money laundering and counter-terrorist financing (AML/CFT) standards.

Crypto exchange, crypto.com was the most recent addition, joining the list in August.

Currently, 38 of 248 crypto firms seeking registration have met the FCA's standards and have been granted permission to operate in the UK.





Digital Bank Revolut gets approval to offer crypto services in UK

Mastercard and the crypto app 'hi' [launched the first NFT customisable debit cards](https://www.mastercard.com/news/europe/en/newsroom/press-releases/en/2022/september-2022/hi-launches-world-s-first-nft-customizable-card-with-mastercard/). With the launch of customisable debit cards, users can personalise their cards' with the NFT avatars they own.

## Crypto app and Mastercard partnership

On September 25, in a [hi blog post](https://resources.hi.com/video-announcing-the-worlds-first-nft-card-with-mastercard/), the crypto and fiat app 'hi' announced a new partnership with Mastercard to launch customisable debit cards, allowing users to design their cards with NFT avatars.

![mastercard.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/mastercard_d3ff63ad2a.png)

With this new partnership, users can now add popular NFT avatars to their cards, such as CryptoPunks, [Apes](/news/article/how-to-buy-monkey-nft), Goblins, or any other they own, as long as it meets Mastercard design standards.

The new hi [debit card](/news/article/crypto-debit-card-uk) will enable crypto enthusiasts to spend fiat and digital assets, such as $Hi, $BTC, $ETH, and $USDT, at over 90 million locations worldwide that accept Mastercard crypto payments.

It will also allow users to spend money from their IBAN accounts in various fiat currencies and cryptocurrencies. Users will receive crypto rewards when making online purchases and will have access to several digital subscriptions, travel benefits like hotel discounts, and more.

Furthermore, it will allow members in the United Kingdom and Europe to deposit their paychecks directly into the card via their banks and split fiat in their preferred cryptocurrency.

The card will operate on the buy-now-convert-later functionality, eliminating the need to convert digital assets into fiat currency. Thanks to the implemented functionality, customers won't miss out on any potential returns from the cryptocurrency market.

## How to get your exclusive NFT debit card?

The NFT customisable debit cards are exclusive for hi members only. The crypto app ['hi' released the steps to join the waitlist](https://resources.hi.com/join-the-card-waitlist/) to get the exclusive NFT debit card. 

Users can head over to the card page in the hi mobile app. They will be required to choose a card tier, each offering different benefits. 

To access the NFT card benefits, the user must purchase and stake their native token, HI. To gain access to the benefits, users must stake at least 100 HI tokens or 10 EUR and fulfil the platform's know your customer (KYC) requirements. 






Crypto app and Mastercard launch first NFT card

On Thursday, the UK government released [an Economic crime and Corporate Transparency bill](https://www.gov.uk/government/news/new-crackdown-on-fraud-and-money-laundering-to-protect-uk-economy) to tackle illicit finance funnelled through the crypto ecosystem. The UK crypto bill aims to increase law enforcement's ability to target [cryptocurrencies](/articles/learn-moni/cryptocurrency-trading-strategies) used for unlawful activities to target money laundering and fraud.

As of now, the bill is scheduled to have its second hearing on Oct 13th.

##  UK crypto bill purpose

The [UK crypto](/news/article/crypto-price-uk) bill released in Parliament on Thursday strives to keep "dirty money" out of the nation. The proposed legislation included measures to reduce "red tape around confidentiality liability" and give law enforcement the power "to compel businesses to hand over information related to money laundering or terrorist financing," including crypto.

The bill specifically targets those involved in illegal activities like money laundering, drug trafficking, and cybercrime, in addition to [cryptocurrency](/articles/learn-moni/cryptocurrency-prices), which acts as a critical enabler. This bill will help the relevant authorities in their quest for cryptocurrencies that have been used fraudulently.

The bill mandates the new upcoming companies in the UK to verify their identities. This includes cross-checking data with public and private partners and listing suspicious activity to security and law enforcement agencies.

The bill is meant to build on the previous Economic Crime (Transparency and Enforcement) Act, which helped regulators impose sanctions on Russia and freeze relevant assets in the country. Regulators are concerned that some Russians use cryptocurrency to circumvent sanctions imposed by Ukraine's invasion.

## UK government active with crypto activities

According to [reports](https://www.policeprofessional.com/news/mps-makes-record-breaking-180m-cryptocurrency-seizure/), in July 2021, the Met police reportedly seized 180 million pounds in a money laundering investigation. This incident took place just after a month when Met police seized 114 million pounds in cryptocurrency linked to international money laundering.

Cryptocurrency has been a vital ground for criminals to execute their illicit activities. But, with new reforms and bills, the UK government is preparing to tackle dirty money and target unlawful crypto activities in the nation.



UK released a crypto bill to tackle illegal finance

NFT virtual land is a digital land area that can be owned on a Metaverse platform. [Decentraland](/news/article/decentraland-price-prediction-2025), The Sandbox, and Axie Infinity are among the [most popular NFT projects](/news/article/metaverse-coin). Because each one is unique and easily proves digital ownership, they are well suited to representing digital space ownership. NFT land can be used for advertising, socialising, gaming, and work, among other things.

Typically, the landowner can use their plot to host online experiences, display content, or gain advantages in a game. Large corporations and celebrities like Adidas and [Snoop Dogg](/news/article/snoop-dogg-nft-song) are also beginning to invest in and use NFT real estate.

## What is the Metaverse?

The Metaverse is an online, virtual world that will combine aspects of our digital and physical lives, such as work, socialising, and recreation. Many tech titans, including Meta (formerly Facebook), Microsoft, and Epic Games, began developing and exploring the space in 2021. Blockchain technology is critical in the Metaverse because digital ownership, identity, and economies are all important concepts. 

## What is NFT virtual land?

Metaverse projects, as previously stated, are digital worlds that users can typically explore using 3D avatars. 
For example, SecondLive provides areas and venues for concerts, conferences, and expositions. While SecondLive does not allow users to purchase a permanent virtual reality space, other Metaverse worlds do. Developers create large maps of land subdivided into small parcels for sale on the market.

Users purchase NFTs linked to a specific digital plot to represent their unique ownership of the area. These plots can be bought directly from the project or secondary market.

## What are the use cases of Metaverse land?

Aside from speculation, landowners can use their virtual space for a variety of purposes:

1. Advertising - If your plot is in a high-traffic area or district, you can charge for advertising space.

2. Socialising - You can host events such as concerts, conferences, and community meetups on your digital plot.

3. Gaming - Your NFT land could be useful in an NFT video game. In Axie Infinity, for example, a digital plot can provide additional resources, tokens, and crafting ingredients.

4. Work - Virtual digital space that a 3D avatar can explore can be used as a virtual office space or to provide digital services. PwC Hong Kong will use the Sandbox land in their Web 3.0 advisory services.

## In the Metaverse, where can you buy land?

There are two main ways to acquire Metaverse NFT land. You can either participate in a land sale and buy directly from the project or from other users via a marketplace.

An NFT sale is an excellent way to acquire a digital plot at a lower cost than the secondary market. Most large Metaverse projects with NFT land have seen rising prices, implying that purchasing a digital plot in a sale is preferable. Some projects sell all of their plots all at once, while others sell them in stages.

An NFT exchange is the most secure and dependable way to buy land on the secondary market. As a result, both the buyer and seller are protected by a smart contract, which ensures that the transactions go smoothly for both parties. Binance NFT Marketplace and OpeaSea are two of the most widely used platforms. OpeanSea supports Ethereum, Polygon, and Klaytn, while Binance NFT Marketplace supports Ethereum and Binance Smart Chain.

## Tips for purchasing your first Metaverse land

Purchasing NFT land in the Metaverse should be treated like any other investment or financial transaction. 

Make sure to conduct your own research and consider the following points:

### 1. Purchase your NFT land from a reliable source.

If you buy a digital plot as part of a project, ensure you have the correct official link. When purchasing it from someone else, never make any direct transfers to their wallet. You should always sell through a reputable marketplace or cryptocurrency exchange. As previously stated, two possible options are Binance NFT Marketplace and OpenSea. 

### 2. Decide whether you want to buy or rent your digital land.

Depending on your requirements, you may not need to purchase land. For example, you could hold a single event in a popular neighbourhood. If the platform you're using allows rentals, your price is determined by the plot's traffic, proximity to other important plots, and size.

### 3. Consider the NFT land project carefully.

The utility and, to a lesser extent, the cost of the digital plot will be determined by the project you select. Look at the project's fundamentals, such as popularity, number of users, and team, if you want to speculate and resell your land. If you intend to sell advertising space or participate in another use case, investigate which Metaverse platforms best suit your requirements. Because not all projects will succeed, considering the financial risk before purchasing digital space. If you buy land with no use or demand, you may end up owning it perpetually.

## Bottom line

NFT virtual land is an exciting new development in the blockchain world and the virtual reality Metaverse. It's a way of owning digital property that can be used in virtual worlds and games. It opens up a new realm of possibilities for online interaction and collaboration.

We can't wait to see what the future holds for NFT virtual land – stay tuned with Latest Moni for NFT updates.


What is NFT Virtual Land?

Russia's Deputy Finance Minister described the acquisition and use of cryptocurrency in cross-border settlements through a new agreement. 

According to [Kommersant](https://www.kommersant.ru/doc/5572328), a news outlet, Deputy Finance Minister Alexei Moiseev stated on Thursday that the government department has agreed "on the whole" with the central bank on a rule that would allow residents to send cross-border payments using cryptocurrencies.

The report quotes Deputy Finance Minister, Moiseev statement: 

"Now we have a bill in this part already agreed with the Central Bank on the whole ... It generally describes how to acquire cryptocurrency, what can be done with it, and how it can or cannot be settled with for cross-border settlements,"

Russian citizens are intended to benefit from the proposed policy change by having access to digital wallets. The central bank reportedly spoke with government representatives about the issue of cross-border crypto payments, according to news agencies. However, the bank of Russia is allegedly opposed to allowing cryptocurrency exchanges to function legally and not accepting cryptocurrencies as legal tender.

## Russia's volatile relationship with crypto

It's interesting how Russia has viewed cryptocurrencies. Cryptocurrency payments were prohibited in the country in 2020. 

Vladimir Putin, the president of Russia, drafted a new law on July 16 that effectively banned using digital assets to pay for goods and services there. According to the law, cryptocurrencies and NFTs were no longer recognised as legitimate payment methods. These digital assets, though, could still be bought, sold, exchanged, and pledged.

[Russia crypto](/news/article/crypto-russia) has always had a contentious relationship. In May 2022, Denis Manturov, the trade minister, said that the country would "sooner or later" legalise crypto payments, and its position on using them for cross-border settlements shifted.

It's critical to note that 72% of Russian investors have never purchased cryptocurrency like Bitcoin, according to a July 2022 survey by the Swiss cryptocurrency wallet provider Tangem. Therefore, BTC adoption in the nation is likely to be influenced by the proposed policy change driven by the Russian bank and the Ministry of Finance.



Russia approves cross-border crypto payments

Jesse Powell, the outspoken and frequently controversial co-founder of the Kraken cryptocurrency exchange, announced [his resignation](https://fortune.com/crypto/2022/09/21/krakens-powell-steps-down-incoming-ceo-says-culture-will-not-change/) as Kraken CEO to devote more time to the company's products and broader industry advocacy.

Powell will be succeeded as chairman of the board by Chief Operating Officer Dave Ripley. Once a new COO is selected, the transition is expected over the next few months.

Powell has been a prominent player in the crypto scene since Bitcoin's inception. He has played a significant role in growing the company from a new startup to a significant exchange with a reputation for innovative products.

Kraken CEO Powell, though a prominent figure in crypto circles, has also become controversial due to his unconventional views on diversity, abortion, and vaccines.

Powell, the company's largest shareholder and chairman conducted a thorough CEO search and interviewed more than a dozen applicants before selecting Ripley.

Ripley, who plans to fully take charge of the senior role once Kraken finds a new COO, says he enjoys managing large teams and expects little to change in the company's culture.

## Shrinking company share

[Kraken](/news/article/kraken-exchange-under-investigation) has grown to be one of the largest US crypto exchanges over the years, ranking fourth among global spot exchanges as of Wednesday, according to CoinMarketCap data. Nonetheless, the current "crypto winter" has impacted the industry. According to data provider CryptoCompare, Kraken's global market share among the top 15 exchanges has dropped by about 32% since the beginning of the year.

Kraken, a remote-first company, closed its San Francisco headquarters this year. The company employs over 3,300 people worldwide.

Kraken had plans to go public, backed by significant crypto venture capital firms such as Tribe Capital and Electric Capital. Last year, the company was in talks to raise funds at a more than $10 billion valuation. Powell said the company is preparing to go public, but he couldn't give a specific timeline for when that would happen. Ripley added that the organisation currently has no active fundraising plans.

The Commodity Futures Trading Commission fined the company $1.25 million last year for offering illegal crypto margin products to US residents.


Kraken CEO steps down, succeeded by Dave Ripley

[FIREPIN](https://firepin.io/) strives to be a decentralised platform supported by an enthusiastic community, with the congregation taking precedence. It believes in bringing people from all walks of life together to create the best crypto community possible. With the power of the people and the features already laid out for FIREPIN, the only way for such an ecosystem to grow is up and to the right, which means wealth for everyone who adopts FRPN tokens.

The ecosystem incorporates future web elements such as the [Metaverse](/news/tag/metaverse), NFTs gaming, and an NFTs marketplace. It also includes a platform for exchanging FRPN and other crypto assets, an instant rewards programme, staking and yield farming and a token protection protocol.

The ecosystem includes an NFTs marketplace where you can add an NFT for trading. When you add an NFT to the ecosystem, the NFT Vault generates a token address based on your network configuration (Ethereum ERC-20, BEP-20, or Polygon ERC-20). 

You can build a flexible and efficient market to trade children's NFTs by using FIREPIN's Proactive Market Maker (PMM) algorithm. Using FIREPIN's SmartTrade and liquidity aggregation services, they can be swapped with any desired wrapped tokens within the same issued network at the best price.

The ecosystem aims to be the leading Metaverse NFT game development company for those seeking to purchase, sell, and exchange virtual goods in 3D space on Metaverse's NFT Gaming Platform. The user base for NFT gaming is expanding, and FIREPIN will position itself as the go-to platform for everything NFT gaming.

## What is the Firepin Token?

FIREPIN token (FRPN) is a new Metaverse token that runs a DAO (Decentralized Autonomous Organization), allowing users to access multiple blockchain networks. FRPN employs an algorithmic reserve currency mechanism backed by decentralised assets to ensure price stability.

The FRPN token aims to revolutionise online gaming by providing practical and low-cost solutions to issues that arise. It enables the creation of community-led protocols for NFT marketplaces, [metaverse-based gaming](/news/article/farming-games-in-metaverse), and standard virtual reality technology advancement. Players will profit the most from the ecosystem if they list the products they win in-game on the market.

FIREPIN (FRPN) will offer stake and farming options in addition to capitalising on the Metaverse and play-to-earn (P2E) games. Long-term FRPN token investors can earn passive income by being rewarded in the airdrop pool.

## Is Firepin a promising investment?

FIREPIN Token (FRPN), the next cryptocurrency sensation, was created as a "Metaverse world" currency that allows users to trade on its highly efficient blockchain. The token aims to restructure and transform the world of online gaming and NFT trading by developing efficient and cutting-edge 3D technologies.

It has proven to be a reliable investment for prospective cryptocurrency investors worldwide. It is safe to say that the token (FRPN) will make its investors wealthy shortly based on what it has to offer. Please note this is not financial advice and must instead be interpreted as the author's opinions.
 



Firepin Token: A comprehensive review

A blockchain record connected to a specific digital or physical asset is a non-fungible token (NFT). An NFT's ownership is documented in the blockchain and is transferrable by the owner, allowing the sale and trading of NFTs. If you've ever played games like CryptoKitties or Axie Infinity, you're familiar with these unique digital assets.

A top-tier NFT collection will exhibit the qualities like frequently appearing on the leaderboards for sales, must have a well-known brand in the industry, and its parent corporation must have a solid financial foundation.

In the future, digital collectables will represent some of the most sought-after items on the internet, but with so many in existence, how can you find and identify the rarest NFTs? In this guide, we'll introduce you to the top blue-chip NFTs in existence today so that you can acquire and store these digital treasures as early as possible in their life cycle.

## What is a Blue Chip NFT?

A blue-chip NFT is a well-established NFT asset with a strong team, great vision, impeccable execution, and a great name in the industry that distinguishes it from the other NFTs. The advantage of having it is that it is much more valuable than a regular NFT. In addition, these NFTs are rarer and more exclusive. For these reasons, they are becoming increasingly popular among collectors and investors.

Investing in a blue chip NFT may depend on whether you're seeking to diversify your portfolio or get better returns on your money. If you're looking for better returns on your money with less volatility, then investing in these collectables might make sense. Ultimately, these kinds of investments in digital assets are relatively new and have high risks associated with them, but if done right, they can provide substantial returns in today's economy.

## Why should you invest in a blue-chip NFT project?

Investors frequently seek out blue chip NFTs because of their long-term financial sustainability. While many projects fail after a few months, these hold their value over time. Even in bearish market conditions, the average price of BAYC is now hovering around 100 ETH.

Many people consider owning a blue chip NFT to be a sign of success, and being "part of the gang" is akin to joining a club of wealthy investors and social elites.

While these NFTs are not exclusive, owning one may grant holders intellectual property rights and the ability to commercialise their NFTs in some ways. Doodles NFTs, for example, allow owners to commercialise their NFTs for up to $100,000 each. As long as you own BAYC or CryptoPunks NFTs, you can build a business around them. NFTs are thus more than just a profile picture (PFP).

Furthermore, some of the best NFT projects will occasionally give back to their holders. Using the BAYC NFT as an example, in March 2022, the project allowed owners to claim ApeCoin tokens for free. Holders can immediately sell their tokens on the open market after claiming them.

## What are some of the best Blue Chip NFTs?

The world of NFTs is rapidly evolving, and blue-chip NFTs are at the forefront of this digital revolution. These NFTs are digital collectables that major brands and organizations back. The best examples include the Bored Ape Yacht Club, CryptoPunks, NBA Top Shot, and Art Blocks. Let’s go through some of the renowned blue-chip NFTs.

### 1.	Bored Ape Yacht Club

The non-fungible token collection, Bored Ape Yacht Club, also known as [Bored Apes](/news/article/how-to-buy-monkey-nft) or Bored Ape, was developed on the Ethereum blockchain. Cartoon apes' profile images are created procedurally by an algorithm and are included in the collection. Yuga Labs is the parent organisation of Bored Ape Yacht Club. Each Bored Ape is distinct and computer-generated. It features more than 170 different qualities, including expression, headgear, attire, and other characteristics. All apes are rarer than others, but they are all amazing.

The apes are hosted on IPFS and kept as ERC-721 coins on the Ethereum network. 

Apeholders must be logged into their Metamask Wallet in order to access places that are exclusively accessible to members, including THE BATHROOM.
 
### 2. CryptoPunks

There are 10,000 randomly generated characters in the CryptoPunks. No two are exactly alike, and each can be claimed as the sole owner on the Ethereum blockchain. On the Ethereum network, CryptoPunks is a collection of non-fungible tokens. The Larva Labs studio, a two-person team, made up of Canadian software developers John Watkinson and Matt Hall, debuted the project in June 2017.
 
### 3. VeeFriends

The NFT collection of Gary Vaynerchuk is called VeeFriends. You can immediately access VeeCon and join the VeeFriends network by owning a VeeFriend NFT. 

VeeCon is open to all holders of VeeFriends tokens. VeeCon is a multi-day gathering that is only open to NFT holders. You will receive a three-year access pass from your NFT. The conference's main themes are business, marketing, ideas, creativity, entrepreneurship, innovation, competition, and fun.
 
### 4. Azuki

Azuki is the NFT Art collection of 10,000 anime-themed avatars that was launched in January 2022 on the Ethereum Blockchain. The rarity of these avatars is determined by their distinct set of characteristics, weapons, and backgrounds.
 
### 5. Doodles

[Doodles](https://doodles.app/) NFT is a collection of 10,000 hand-drawn doodles. Each one is a one-of-a-kind combination of hundreds of exciting visual traits designed by one of the founders. There are skellys, cats, aliens, apes, and mascots in the collection, as well as dozens of rare heads, costumes, and colourways.
 


What are Blue Chip NFTs?

Blockchain-based, decentralised Metaverse, [The Sandbox game hosted the first hybrid digital-real wedding](https://cointelegraph.com/news/nifty-news-the-sandbox-hosts-its-first-wedding-hollywood-actor-auctions-photo-of-eye-as-nft-and-more).

On September 17, the newlyweds from Singapore, Joan Tam and Clarence Chan, the CEO of the music label Bandwagon, had a '70s Disco Glam' theme wedding at a digital recreation of the renowned Arkaff Mansion in Singapore.

The couple's digital avatars also existed within the Sandbox game Metaverse. They were visible to visitors who joined remotely, even though they were physically present in the actual hotel venue with some guests. Sebastien Borget, the COO and co-founder of The Sandbox, presided over the event as an online avatar.

The newlyweds shared their first virtual kiss before leaving the Metaverse to continue their celebrations offline.

The Alkaff Mansion and its distinctive architecture were recreated in The [Sandbox](/news/article/sandbox-price) by Web3's design agency, Smobler Studios, for the wedding, which was the result of a partnership between 1-Group, Smobler Studios, and The Sandbox. The mansions in the real world are managed by 1-Group.

 ## Latest NFT News

•	The PGA TOUR, which organises several men's golf competitions throughout North America, has teamed up with NFT marketplace Autograph to develop a golf-focused NFT platform.

The agreement, scheduled to go into effect in 2023, will enable golf fans to purchase digital content featuring their favourite players, historical moments, and the current FedExCup Season.

•	A new NFT eatery, the Vinyl Fish Club, has opened in downtown West Palm Beach, Florida (VFC).

The restaurant is using blockchain technology and NFTs as membership tokens to give customers access to exclusive events that are taking place on and off the venue as well as a concierge service.

•	A close-up image of Javier Bardem's iris will be "donated" via NFT as part of a fundraising effort to help people in developing nations regain sight

•	On September 29, the Ojos del Mundo (Eyes of the World Foundation) will hold an auction for the photograph of the Spanish actor's eye, with a starting bid of €9,000. Digital images will be offered in the form of Non-Fungible Tokens (NFTs), and they will be accompanied by physical photographs that the actors have personally signed and dedicated.

 For the latest NFT [news](https://prnews.io/press-release-format/), read [Latest Moni.](/news/category/nft-news)




NFT news: The Sandbox game wedding and much more

The exciting crypto gambling dApp BetFury casino aims to provide a transparent and provably fair dApp in addition to an interactive crypto casino with over 5000 different games, including live dealers, slot, table, and jackpot games, from some of the best software providers in the gambling industry as well as internally developed games. Universe B. Games B.V. operates the crypto gambling platform. The platform is licenced in Curacao, making it a safe platform for players worldwide. The project was designed to provide new games, a BFG utility token, and the chance to win real money prizes.

BetFury went live in 2019, and the platform has grown in popularity in the [cryptocurrency](/news/article/what-is-market-cap-cryptocurrency) gambling industry since then. It enables users to fund their BFG account with some of the best digital wallets, such as Tron wallet or Binance wallet, and to store BTC and ETH in their MetaMask account. Aside from the extensive game lobby, it also includes sports betting options, which allow users to stake their money and win big.

## Types of games that BetFury casino offers

BetFury is not your typical casino; it not only sources exciting games from leading software providers but also holds a valid licence from leading licence providers. This platform is well-known for its in-house developed games. BetFury's games include slots, tables, jackpots and live casino games.

With such a diverse gaming portfolio, BetFury has repeatedly proven to be the most competitive casino in the crypto gambling industry, outperforming other non-decentralized casinos.

## BetFury: Review

BetFury can be summed up by saying that the website is well-known gambling or betting venue, and users worldwide have multiple accounts. Players enjoy playing at this online casino because of the bonus boxes, exclusive sign-up bonus, first deposit bonus, tournaments, deposit-free spins, provably fair in-house games, promotions, and an overall regulated platform. The platform also claims to offer all registered users one of the best security measures and exciting bonus features.

The website has a significant social media presence. It offers exceptional welcome bonuses that give away free BTC to anyone who wagers their deposit, demonstrating the casino's strong financial stability. Based on the VIP level, this casino offers a clear cashback percentage reward.

Despite its growing popularity, this online casino is still in its early stage and has the potential to become one of the biggest crypto casinos ever.
 



Betfury: The crypto gambling dApp

The UK's currency, the Sterling, fell to 1 GBP/1.1403 USD, surpassing the trough of 1 GBP/1.1412 USD dollars seen at the start of the global pandemic in March 2020, before recovering to 1 GBP/1.15 USD. The Sterling has currently fallen 19% against the dollar since January.

The sharp drop in the pound's value could attract investors to cryptocurrencies such as Bitcoin, lift crypto price and encourage adoption in the UK. According to new research, the UK is the only major European economy that has seen massive growth in crypto adoption since the beginning of the year. Investors hope to recover from Sterling's price drop by moving toward crypto adoption.

According to Chainalysis, one of the likely causes of the UK's dominance in crypto is the city's thriving tech scene and world-class financial institutions. Decentralised finance, or DeFi, financial services operating on blockchain technology, accounts for just under half of all [crypto activity in the UK](/news/article/best-exchanges-for-crypto-uk).

The United Kingdom is ranked 17th worldwide for cryptocurrency adoption, up four spots from 2021. According to a [February 2022 survey](https://www.finder.com/uk/cryptocurrency-statistics), the cryptocurrency ownership rate in the United Kingdom is 6.1%. The number of cryptocurrency investors in the United Kingdom had increased by 103% since the start of 2018 when only 3% of the people - 1.5 million – owned cryptocurrencies.

Other than the United States, it is the only high-income country in the top 20. Other countries near the top list are emerging markets with volatile currencies and capital controls. Vietnam came in first place, followed by the Philippines and Ukraine.

## Kim Grauer Statement 

In conversation with the [Evening Standard](https://www.standard.co.uk/business/plunging-pound-could-be-lifting-uk-crypto-growth-b1025566.html), Kim Grauer, Director of Research at Chainalysis, gave the following statements:

"I don't think people think, 'the pound is down, so I'll turn to crypto,' but as the pound falls, other options may become more appealing -' my portfolio is seeing lower returns, let me think about other options.'

"One of the biggest reasons...many countries around the world push people into crypto is capital controls that make it free to transact," Grauer explained.

"Those people are happy to use crypto as an alternative, which is a different reason than in India, where people use it for NFTs."




Plunging pound could lift crypto price in the UK

[Rainicorn](https://www.raini.io/) is a deflationary NFT token that enables holders to mint special edition NFTs and trading cards designed by known and rising artists. A trading card game is in the development phase, and the actual fulfilment of NFT products will become an essential component of the platform.
 
Platform income will be used to offset all carbon emissions from innovative contract transactions within the Ethereum blockchain. Another component will be used to purchase back and burn tokens, creating upward pressure on prices.
 
It is a one-of-a-kind, multi-faceted platform that has established itself as a centre of innovation in the intersection of NFTs and [DeFi](/articles/learn-moni/what-is-a-defi-token), focusing on gamification. Holders can access various products and features by leveraging staking and liquidity provider rewards for foundational $RAINI assets.
 
Exclusive [NFT](/news/category/nft-news) drops from well-known and highly talented emerging artists, NFT staking and yield farming, and a revolutionary NFT-upgrade protocol is all part of this.
 
Play-to-earn gaming is also a big focus of the platform, with The Lords of Light coming soon and the first genesis card drop on September 19th.

## Who are the founders?

There are two founders of the network, Mindspheres and Artkin.

### Mindspheres

Mindspheres has previously developed and sold an IT Managed Services Provider to an Australian ASX-listed business. It has co-formed a fintech firm with Artkin that has become a leader in its area over the last four years.

### Artkin

Artkin has over a decade of expertise in financial services and is skilled at applying careful and systematic analysis to the many difficulties and possibilities in the NFT industry.

## What are Rainicorns projects?

There are currently four projects going on the network. They are:

### Raini's Platform

An innovative farming system where you can invest the coin to gain rainbows and unicorns, which you can then spend to redeem NFTs. 

### The Lords of Light

The Lords of Light is an interactive trading card game that combines the fantasy realm and the crypto-verse. The RTLOL genesis release date is September 19th!

### Raini Launchpad

It is a testing area for tokens and NFT projects of various sizes. 

### Raini Bridge

It is a versatile cross-chain bridge solution that connects tokens on Ethereum and BSC.

## How can you buy RAINI?

You cannot buy this coin directly with fiat money. Buying this coin is a two-step process. First, you need to buy coins like Ethereum or Bitcoin and store them in some wallet like Metamask. Then it would be best if you found the exchange on which you can trade it. You can buy it on Coinbase by exchanging the Ethereum or Bitcoin you purchased with the $RAINI.

## What can you do with RAINI tokens?

RAINI tokens, ETH/RAINI LP Tokens from Uniswap V2 (not v3), RAINI BSC tokens, and RAINI/BNB LP Tokens from Pancakeswap can now be staked. The RAINI will reward you with Rainbows, whereas Raini LP tokens will reward you with Unicorns. Both points can be redeemed on the platform for NFTs, but Unicorns have exclusive access to some NFTs and are worth more.

## Current price

The token currently trades at $0.019688, with a 24-hour trading volume of $153,215. Rainicorn crypto has increased by 0.97% in the previous 24 hours. The maximum supply of coins is 500,000,000.

## Future price prediction

In 2022, the price might drop to as low as $0.029. It may reach a maximum of $0.032 with an average price of $0.030.
 
In 2023, the coin may trade as low as $0.042 and as high as $0.050, with an average trading price of $0.043 throughout the year.
 
According to the projected price and technical indicators, the coin is expected to hit a low of $0.060 in 2024. With an average trading price of $0.063, the price may reach a maximum of $0.073. It is expected to trade around $0.090 and $0.11 in 2025, with an average price of $0.093.

## Is Rainicorn crypto a good investment?

There is a far better likelihood that the price of Rainicorn will rise to $0.76 in ten years. Within the following 8 to 10 years, the value of one Raini coin might exceed a minimum price of $0.73 and a maximum price of $0.86. It may provide gains if you hold it for the long term. Nothing is sure in the crypto world. Cryptocurrencies are highly volatile, and you should always do your research before investing in a coin.
 



Rainicorn crypto: All you need to know

In recent days, Solana has seen a significant increase in its NFT ecosystem. What's noteworthy in this environment, despite showing signs of improvement, overall demand for NFTs remained weak in September.

Meanwhile, Solana NFT mints reached an all-time high on September 7, surpassing 300,000 units. The network had only 77.79k mints at the beginning of the month and has seen a massive increase in such a short period.

However, [Solana](/news/article/solana-price-gbp) appears to differ from the recent downward market trend for cryptocurrencies. It's important to note that NFT sales on Solana managed to outpace those on Ethereum for 24 hours on May 24, making it the leading blockchain for that day. 

The introduction of the Trippin' Ape Tribe project, a collection that competed successfully against all NFT projects in the intervening hours between May 24 and 25, was the catalyst for this rise. The market sales of Solana NFTs totalled nearly $24.3 million at the time, while Ethereum sales totalled $24 million across all monitored markets. 

Returning to more recent news, the graphs depicting the number of NFTs minted on Solana on September 7 speak volumes. As stated above, 312,000 Non Fungible Tokens were minted in a single day. There has thus been a significant increase, given that the figure reached and recorded on September 4 was around 39,000.

Magic Eden, a Solana NFT marketplace, is undoubtedly a beneficiary of this rapid rise. Their NFT market share increased from 12% at the start of September to 36.6% on September 7.

## Solana NFT's notable success 

Despite unfavorable market conditions, NFTs sold on blockchain appear to finally achieve the success they deserve and have worked so hard for. 

The most popular NFT marketplaces' volumes have not recovered from a sharp decline earlier this year; however, this blockchain appears to be a minor but notable exception, surpassing its all-time high.


Solana NFT mints reached its all-time high

## How to buy Feg Token?

[FEG token](https://fegtoken.com/) has piqued the interest of investors after increasing by over 3,000% in a matter of months. The platform currently has its own exchange, FegEx, where investors can buy and sell FEG coins. The project is still working on developing liquidity pools, cross-chain bridges, and token wrapping, but these features should be available in the coming months.

## What is FEG Token?

FEG token is a decentralised cryptocurrency and payment system allowing fast and secure transactions. The project is based on the [Binance Smart Chain (BSC)](/news/article/bnb-price) and Ethereum's blockchain. The project's main objective is to make it easier for people to buy digital products and services from content creators worldwide. One of the project's primary goals is to build a community-based ecosystem where authors and consumers can easily interact.

The FEG coin is a deflationary currency, meaning the token becomes scarcer over time. This is accomplished by charging a 2% fee when investors sell their coins. Half of this fee is burned, with the remaining token holders receiving the other half. Many projects on the BSC use similar tokenomics; these tokenomics are suspect and resemble a pyramid scheme.

## How to buy FEG Token

### 1.	To start, create an online account.
Start with creating an account on an online exchange platform that supports the coin. 
For instance, Binance Smart Chain will be the best option if you want to reduce your transaction costs. You'll need BNB tokens and a software wallet connecting to PancakeSwap to purchase FEG on the platform. MetaMask is the ideal wallet to use with Ethereum or BSC. By default, MetaMask will use the Ethereum network, but you can change the network settings to enable BSC compatibility for the cryptocurrency wallet.

 ### 2. Purchase or download a wallet 

To access PancakeSwap, at the very least, you'll need to download a software wallet. There are many software wallet options, but MetaMask is the best wallet for supporting both BSC and Ethereum.
 
### 3. Make your purchase

You are now prepared to make your purchase once your wallet is connected to the appropriate network. You can find the liquidity pool that enables you to exchange Ether or BNB for the coin.
Before the transaction is processed, you must approve it from your wallet. The Chrome extension will automatically appear and ask you to confirm the transaction if you are using Metamask. Your tokens should reach your wallet shortly after being approved.
 
## Is FEG Token a promising investment?

The deflationary economic model of FEG token is appealing, and there is no limit on the number of tokens that can be burned. What advantages token can offer over existing Defi protocols like Uniswap, 1inch, and PancakeSwap is unclear, though. It is a risky investment because the token's price is solely based on speculative activity.


Beginner's guide to buying FEG Token

[Bitgert](https://bitgert.com/) is a network platform that aims to create a quick blockchain business for users. It is an engineering company with one of the fastest blockchains, processing 100,000 transactions per second (TPS). Their blockchain launched in July 2021, and in the short time since it has been in use, its popularity has increased significantly. 

It is a blockchain that provides high speed and almost no transaction fees. The fastest blockchain as of 2022, its expanding ecosystem boasts projects for Defi, NFTs, [Metaverse](/articles/learn-moni/top-metaverse-crypto-coins), Web#, and other technologies. The ecosystem also includes the BRISE Wallet, an iOS and Android-compatible wallet that supports BRC20, ERC20, and BEP20.

## The token BRISE

BRISE- the Bitgert coin is the chain's native and utility token. The BRISE dApp Wallet acts as a peer-to-peer payment method. The token's use cases for holders go beyond simply buying, selling, and holding. They want it to be used as a global utility payment system. The blockchain's buyback concept makes BRISE a very appealing token to hold. Token holders receive 5% of the contract's buyback tax. Investors tend to buy and hold the coin, increasing its demand and price. It has 420 quadrillion tokens in circulation and a maximum supply of one quintillion coins. 

## Product offerings of the Bitgert Chain

The platform promises ongoing partnerships with various chains to increase cross-chain compatibility in its ecosystem's future developments. Here is the following list of some of the chain's promising offerings:

1.  Bitgert audit solution
Bitgert Audit is a [blockchain](/articles/learn-moni/what-is-blockchain) security solution that provides free contract audits to any project wishing to secure blockchains and smart contracts.

2.  BRISE wallet
It is a DApp multi-coin cryptocurrency wallet that was introduced in October 2021 and a portal to decentralised blockchain applications. Users can currently swap, send, receive, and store a variety of crypto assets. On this wallet, trading BEP20/ERC20 compatible tokens is quick and highly secure.

3.  BRISE staking 
Staking allows users to earn passively. This programme enables BRISE token holders to stake their tokens and earn 4% of transaction fees in BUSD rewards.

4.  Bitgert bridge
Users can transfer assets from Binance Smart Chain Mainnet to Bitgert Chain using this product offering. It will also enable other blockchain developers to migrate to Bitgert, where they will benefit from lower gas fees and a faster chain.

5.  BRISE swap
It is a quick and inexpensive DEX on the Binance Smart Chain and enables users to swap and trade tokens and coins between blockchains. 

## Is Bitgert coin a worthy investment?

Bitgert is a crypto engineering firm with the fastest blockchain, processing 100,000 transactions per second (TPS). BRISE, the blockchain's native token, has seen tremendous success since it was first traded in July last year. Expectations for the token are high, as improvements to BItgert's chain should see it perform well this year. Despite the above-average performance, the token's journey to one cent remains long.
 



A comprehensive guide to Bitgert platform and coin

Chainalysis, the crypto analytics company, released a report concerning ether price prediction, which says that [Ether's price may decouple](https://cointelegraph.com/news/ether-price-could-decouple-from-other-crypto-post-merge-chainalysis) from other crypto assets after the Merge, with staking yields possibly driving significant institutional adoption.

According to a report released on the 7th of September by Chainalysis, the upcoming Ethereum upgrade will give institutional investors access to staking yields comparable to those of some securities, such as bonds and commodities, while also becoming much more environmentally friendly.

Since treasury bond yields offer much less in comparison, the report stated that ETH staking is expected to provide stakers with a 10-15% yield annually, making it an "appealing bond alternative for investors."

As per Chainalysis data, the number of institutional ETH stakers — those who have staked $1 million or more — has "been steadily increasing" from less than 200 in January 2021 to around 1,100 in August this year.

According to the firm, if this number grows faster following [the Merge](/news/article/ethereum-merge), it will support the hypothesis that institutional investors "do indeed see Ethereum staking as a good profitable strategy."

Staked ETH is currently locked up in a smart contract that cannot be withdrawn from until the Shanghai update happens around six to twelve months after the Merge.

As a result, the staked ETH market is currently illiquid, prompting some staking service providers to offer synthetic assets that represent the value of the staked Ether; however, "those synthetics don't always maintain a 1:1 peg," the firm claims.

The report states, "The Shanghai upgrade will allow users to withdraw staked Ether at any time, increasing liquidity for stakers and making staking a more appealing proposition overall."

According to the Ethereum Foundation, following the upgrade, the Ethereum blockchain's proof-of-stake transition will reduce energy consumption requirements by up to 99%.

## Ether price prediction: ConsenSys report

ConsenSys, the company behind the MetaMask wallet and founded by Ethereum co-founder Joseph Lubin, released a similar report this week examining the "impact of the Merge on Institutions."

The report expresses similar sentiments about ETH staking rewards and environmental sustainability attracting institutions. Still, it also emphasises the importance of the PoS Ethereum chain "producing stronger security guarantees for institutional investors" and ETH's potential to become a deflationary asset.
 



Ether price prediction: ETH price could 'decouple'

In the latest [Australia crypto news](/news/article/australia-crypto-regulation-plan), law enforcement is working to increase cryptocurrency expertise and [trace crypto transactions by forming a dedicated police group](https://cointelegraph.com/news/australian-state-police-sets-up-crypto-division-to-trace-transactions).

According to the Australian Financial Review, the Australian Federal Police (AFP) has established a new cryptocurrency unit to monitor crypto-related transactions.

The unit was formed after the force's criminal asset confiscation command exceeded its 2024 target of seizing $600 million in criminal proceeds within two years. 

## Australia Crypto news: AFP's officer statement

According to Stefan Jerga, national manager of the AFP's criminal asset confiscation command, the use of cryptocurrency in illegal activity has increased significantly since the AFP's first crypto seizure in early 2018. In response, the law enforcement organisation established a dedicated crypto team in August.

The increased emphasis on illegal crypto transactions comes as the AFP seizes far more criminal assets than expected. The AFP announced Monday that it had met its goal of capturing $600 million in financial crimes two years ahead of schedule. The AFP-led Criminal Assets Confiscation Taskforce initially set the target, which was expected to be met by 2024.

The organisation has seized $380 million in residential and commercial property, $200 million in cash and bank accounts, and $35 million in automobiles, boats, aircraft, artwork, luxury items, and cryptocurrencies since February 2020. 

While the amount of cryptocurrency seized was small compared to cash and property, AFP Commissioner Reece Kershaw stated that a focus on cryptocurrency provided benefits through great intelligence insights into the business models of organised crime.

 According to the AFP manager, the environment prompted forming a separate team, as opposed to many officers "picking up some of this skill set as part of their overall role." He said that the ability to trace crypto transactions across blockchains is "really, really important," alongside national security, child protection, and other considerations.

Earlier this year, an official at the Australian Transaction Reports and Analysis Centre (AUSTRAC) raised scepticism about cryptocurrency transparency. According to AUSTRAC deputy chief executive John Moss, cryptocurrencies are "attractive for criminals," including neo-Nazi groups, because they can be used anonymously, quickly, and across international borders.

The original white paper published in 2008, introducing blockchain technology, Bitcoin transactions, has been marketed as entirely anonymous and private. Although researchers have recently demonstrated traceability through unintentional patterns in Bitcoin transactional data – the larger a data set, the more patterns appear. Patterns can also be identified and tracked. Governments are strengthening their infrastructure to track cryptocurrency transactions.



Australia Crypto news: AFP forms a crypto unit

Polygonscan is a block explorer and analytics platform that lets users view and analyse any transaction on the Polygon blockchain. The Polygonscan API (Application Programming Interface) launched with various supports to provide features such as transaction tracking, gas tracker, and more, with additional features expected in the future.

Its release encourages developers to launch dApps using the [Polygon network](/news/article/polygon-crypto). As well as it also ensures that users have the best possible experience when using their favourite dApps for trading, buying and selling NFT, and a variety of other activities.

## How will Polygonscan assist?

MATIC is a blockchain scalability platform that promises to solve Ethereum's problems, such as low Tics Per Second (TPS) and high fees. When compared to Ethereum, Polygon has higher throughput. Compared to the Ethereum network, the gas fee on Polygon is relatively low.

The block explorer allows users to easily check blockchain data such as:

•	Daily transactions

•	Unique addresses

•	Average block size

•	Average gas price

•	Daily gas used 

•	Daily active ERC-20 addresses

•	Validators

•	Contract verification

•	ABI verification.

Polygonscan has capacity to handle the high transaction volume, processing 7 million transactions daily. Launching decentralised apps on the polygon blockchain will also be easier further to the networks recent upgrade.

## How to use Polygonscan to add the Polygon network in MetaMask

You can also use Polygonscan to connect Polygon to MetaMask by following the instructions below.

1.     Sign in to your online crypto account.

The first step is to ensure that you already have an online crypto account. If this is the case, install the MetaMask browser extension. When the download is finished, the Metamask page will appear, where you can log in to your account.

Click the 'Add Polygon Network' button. Then navigate to Polygonscan.com. Click on the small button with the words 'Add Polygon Network' at the bottom of the page.
 
2.     Join MetaMask and Polygon.

You will be redirected to the MetaMask page after clicking the button. Then press the "Approve" button. You have successfully connected the blockchain network to the online crypto account and will be redirected to the Polygon mainnet shortly.
 
## Is it valuable to get involved with polygonscan? 

Polygonscan comes with a variety of features that makes users' life easier. Getting involved with the block explorer can be beneficial in the long run. 



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