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UK Crypto Exchange Receives Approval From FCA

UK-based cryptocurrency exchange Coinpass received approval from the country’s Financial Conduct Authority (FCA) to operate as a crypto assets company.Sponsored Sponsored This makes Coinpass among the first UK-based crypto exchanges to have fully registered with the FCA, according to Coinpass Chief Executive Jeff Hancock. FCA registration The FCA became the anti-money laundering and counter terrorist financing supervisor of crypto asset firms in January. Since then, crypto firms have had to register with the FCA before doing business. Until now, the FCA had only registered six firms with dozens more still

Memenopoly Announces Strategic Partnership with Babylons NFT

Atlanta, United States / August 21, 2021 / Memenopoly, a new coming of age gaming NFT solution, has announced a strategic partnership with the first community-owned NFT marketplace Babylon. The partnership would allow Meme-themed Memenopoly NFTs to be auctioned on Babylons NFT marketplace. Memenopoly is a yield generating blockchain “play to earn” game. The platform aims to bring the next evolution of gamified yield generation, leveraging the power of NFTs to reward players and farmers. Memenpoly has made the game of Monopoly more interesting, offering earning opportunities with an NFT

Cardano Founder Charles Hoskinson Calls For Mass Rally Against U.S. Crypto Taxation Bill

Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting rules for cryptocurrencies. “I think it’s about time we get a rally going in

Polkadot Passes Bitcoin Cash as 6th Largest Crypto

Polkadot and its native cryptocurrency, DOT, have overtaken Bitcoin Cash (BCH) as the sixth largest cryptocurrency by market cap. According to CoinGecko, a cryptocurrency market capitalization aggregator, Polkadot has a market cap of $7.63 billion. It now ranks sixth by market cap, compared to Bitcoin Cash’s $6.35 billion market cap. What has many impressed is the short time frame it took for Polkadot to reach this level. Polkadot is less than a year old. While Polkadot was hitting this milestone, co-founder Gavin Wood released an updated road map for the

Flare Network Review: Smart Contract Network For XRP

As the third largest cryptocurrency most people familiar with the space have heard about Ripple and they understand that it is a global payment and foreign exchange network that was designed to replace the outdated SWIFT banking network. And while it works great for that specific use case, otherwise it has shown limited usefulness in other functions.That might all be fixed however as the Flare Network has been created with the goal of improving the utility of XRP tokens by creating a network with smart contract capability for the XRP

Curve Finance Launches Ethereum Swapping Liquidity Pool

Decentralized finance protocol Curve Finance has launched a new pool for Ethereum and synthetic Ethereum (sETH) swaps and liquidity provision. The pool allows liquidity farmers to deposit Ethereum and synthetic Ethereum in order to earn additional yields. sETH is essentially a soft peg of standard ETH, designed to stay as close in value as possible, though it often trades slightly lower which allows for arbitrage opportunities. The newly launched pool contained 65% ETH and 35% sETH at the time of press, worth a combined estimated total of around $155,000 at

How to Restore Your Faith in Government

Images courtesy of MIT Video Productions Here’s the announcement of the new blockchain education program with the Massachusetts state government. It’s a big deal. We have a vision for where this kind of partnership can go, when governments begin educating themselves on the power of bitcoin and blockchain. That vision can be summed up in two words: Kendall Square. Kendall Square, then. The Kendall Square neighborhood lies next to the Massachusetts Institute of Technology, stretching along the Charles River that separates Cambridge from Boston. (Here’s a map.) Although you’d think

Here are the Levels Analysts are Watching That Will Determine Bitcoin’s Future

Bitcoin has been trading within a large  range throughout the past several weeks This has done little to offer investors with insights into the cryptocurrency’s mid-term trend That being said, bulls are now striving to break above the upper boundary of this range, with a confirmed and sustained break being an incredibly bullish sign for BTC Top traders are still expressing caution when it comes to the cryptocurrency’s short-term outlook One trader is noting that a failure for BTC to post a new high above $12,000 would be a grim