Not too long ago it was evident that Bitcoin was undoubtedly the most preferred payment method at crypto casinos. Words like Bitcoin Bonuses, Bitcoin Tournaments, and even Bitcoin Casinos were splattered everywhere we looked. It became anonymous with crypto gambling and it kind of felt that if you didn’t own any Bitcoin, you couldn’t join […]
1xBit Adds Polygon (MATIC) – The ETH Game Changer!
The ever-so-popular 1xBit Casino has added yet another crypto – Polygon (Matic) – to its expanding portfolio of crypto assets. And, it’s a pretty big deal! Why? Because it might solve Ethereum’s scaling issues! Here’s the thing, Ethereum has immensely pushed the boundaries of blockchain technologies, especially in the decentralized finance sector where many projects […]
Fast Facts About Crypto Casinos
Ever since crypto met gambling back in 2010, online casinos as we knew them, changed forever. It’s been a fast, turbulent, and thrilling ride and it is still growing at the speed of light with experts predicting that the crypto gambling industry will reach a value of $93 billion by the end of 2023. Here […]
Is it still worth playing BTC slots?
If you are a crypto follower, I’m sure you’re aware that the markets are not as rosy and steadily climbing as they used to be. And, that the number one rule about writing about Bitcoin is to not write about Bitcoin because it moves astonishingly fast and soon all the crypto fans will line up […]
I sent my crypto to the wrong address! What should I do?
It’s most likely the grimmest feeling ever when you realize that you’ve sent your precious crypto to the wrong address. Where do you start to request it back and is this even possible? If this happens to you, rest assured that you are not alone, and although it is a simple mistake to make, it […]
The 3 main types of cryptocurrency exchanges and how they operate
So you’re looking to get in on the crypto craze and you’ve been wondering how and where you can get your hands on digital currencies? The very short answer is a cryptocurrency exchange, of which there are three main types. Let’s dig a little deeper and find out which one will work for you!
Poly Network hacker returns $600 million in stolen crypto
In a bizarre turn of events, a hacker that compromised decentralized finance protocol Poly Network has begun to return over $600 million in stolen cryptocurrency. Thus far, the hackers have returned $342 million in Ethereum, BSC, and Polygon.
“Taproot” Upgrade Takes Bitcoin to a New Level of Privacy and Efficiency
Bitcoin, the world’s most popular digital currency, is due for its first upgrade in over four years, and miners across the globe have given it the thumbs up. The new “Taproot” upgrade is due to take effect in November this year and will see the currency providing a new level of transactional privacy and efficiency, according to industry experts.
1,100 Arrested in China for crypto-related money laundering and mining
A network of 1,100 people accused of laundering money by purchasing cryptocurrencies have been arrested in China. According to the Chinese Ministry of Public Security, the launderers were charging their clients a commission rate to convert proceeds obtained through illegal activities to cryptocurrency via crypto exchanges without disclosing the amount of money involved.
Bitcoin Mining Industry Seeks Refuge From Chinese Regulators
The crypto community was left in shock after the announcement of China’s latest crackdown on cryptocurrencies, which included not only the ban of financial services related to cryptos and the trading of digital currencies but also the mining of said currencies. China has been the global bitcoin mining hub throughout the years and is responsible for around 65% of all bitcoin mining worldwide, even after the recent ban. But the effects of local regulations are pushing large mining operations out of the country. Several big mining firms have ceased operations in China and are looking to move their operations to regions such as Central Asia and North America.