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greentube-svenska-spel

Greentube Extends Footprint in Sweden With New Content Deal

Posted on by Abe Efe

Renowned online casino solutions provider Greentube has recently announced that it has signed a deal with Svenska Spel’s online gambling business. Svenska is Sweden’s state-owned gambling operator and Greentube is one of NOVOMATIC Interactive’s divisions. Both companies will be utilizing the OGS platform to integrate Greentube’s casino content with the operator’s online gaming platform.

Thanks to the new partnership, Greentube’s massively popular gaming content will be live on the Svenska Spel Sport & Casino. In addition to the very large number of online slot machine titles that will not be available on the Swedish operator’s online gambling platform, it is also set to feature a decent number of classic land-based games that have been adapted for the online gaming sector.

Competing in the Swedish Market

Before 2019 rolled around, Svenska Spel was the sole operator in the Swedish gambling industry. However, the Swedish market was reorganized at the beginning of the year and this saw a number of operators gain entry into the very lucrative market.

While this was certainly great news for the gamers, it meant that Svenska Spel had to get used to competition from a number of international operators. With that much competition, the state-owned operator has had to pursue moves that are meant to make it just as appealing or better than the competition. This is where the deal it has inked with Greentube comes in.

With Greentube’s help, Svenska Spel will be able to significantly enhance its offering. Svenska Spel Sport & Casino VP Product Casino Jonas Nygren pointed out that the operator is counting on Greentube’s massive selection of casino titles to drive more customer traffic.

“Our customer base has been extremely engaged with their catalog of games and we look forward to a longstanding partnership moving forward,” the CEO said.

The Swedish market is still coming to the recent changes in the gambling sector and therefore Svenska Spel might still be able to re-establish itself as a leading player in that space.

Greentube’s Expansion Plans

Besides Sweden, Greentube has also been keen on extending its footprint in a number of different markets across the globe. Most recently, the gaming solutions provided launched a number of its titles in Croatia with PSK.hr, an online casino that is owned by Hattrick.

Greentube has also had its sights set on Switzerland, another country whose gambling market was recently reorganized. The Swiss online gambling industry is just a few months old at this time which means there is a great opportunity that Greentube can take advantage of.

bitboss

BitBoss Launches Tokenized-Powered Casino Tokens

Posted on by Aaron Decker

 

Casino blockchain app BitBoss last month launched the very first casino tokens on the Tokenized Protocol for mobile gambling. The move, though relatively subtle, is set to completely revolutionize the gambling experience on the blockchain.

For this venture, the real money gaming solutions developer has leveraged Bitcoin SV. This has been achieved by embedding the casino blockchain app’s baccarat and lottery games within a dedicated Bitcoin SV (BSV) wallets. These games can be powered by either the native BSV tokens or custom tokens – a great example of custom tokens will be those that are created and branded specifically for use in a single casino.

Thanks to the utilization of the BSV blockchain, the platform enables provably fair gambling with both the bets and results being written to BSV transactions. On the same note, the payments are adjudicated and administered by smart contracts and to complement this, double-spend protection has been built into the platform.

How Does It Work?

Alex Shore, the co-founder, and CTO of BitBoss recently wrote a post that describes exactly how the platform makes use of smart contracts to process both bets and transactions. According to the post, as the players’ bets are sent to the Bitcoin SV blockchain, one of the smart contracts that are designed for BitBoss will process the bet before placing its results as well as the payout transaction back onto the chain.

“They include their double-spend prevention technology when using native BSV, and leverage Tokenized’s double-spend prevention when bets are placed using a custom token,” Alex Shore’s post reads.

Now, the company is focusing on integrating slot machines, a move that will allow slot machine lovers to directly send tokens between the slot machines and their device wallets. For this venture, there is a major emphasis on mobile games which have been growing in popularity all across the globe.

Bitcoin Genesis Upgrade on the Horizon

To further improve the player experience, BitBoss is also now taking steps to ensure that their software will transition smoothly and seamless into 2020. To that effect, the company has recently announced that they will be upgrading their Keyring libraries in order to support the new OP_FALSE OP_RETURN script type. As it turns out, this is a totally mandatory step since Bitcoin SV will be returning to the original Bitcoin protocol with its 2020 Genesis upgrade.

This move was primarily influenced by advice from the technical director of the Bitcoin SV node project, Steve Shadders. In many ways, by updating their own code this early own, BitBoss will be getting months of the shift while keeping its services running for their customers to enjoy.

telegram-ton

Concerns Raised Over Telegram’s Upcoming Crypto Platform

Posted on by Abe Efe

Recent reports have implied that Telegram messenger is set to begin testing TON (Telegram Open Network) its blockchain network in September. The company’s owners raised a whopping $1.7 billion in March in an Initial Coin Offering (ICO) that is one of the most successful ones of all time. Part of the proceeds from the ICO have been used to develop the platforms blockchain network which is aimed at building a universal blockchain infrastructure based on its speed as well as the inclusion of smart contracts. It is therefore very easy to see why many people are so excited about this.

The testing phase of the crypto platform is set to kick off in September and the blockchain nodes will be available as open-source alongside other blockchain database management tools like consensus and shards – these will allow a test-run of TON.

TON is slated to process transactions faster and more efficiently than both Bitcoin and Ethereum while at the same time rivaling widely accepted payment options like MasterCard and Visa. To make it even better, the platform will also be compatible with Ethereum (ETH) when it launches and hopefully, other cryptocurrencies will get support along the way. Very promising, right?

The Concerns

While the TON platform may seem like a solution to a ton of problems, not everyone is convinced that it is what it claims to be. According to a report detailing how terrorists have been using digital currencies, there has been speculation that the release of TON and the associated Gram token pose a significant security threat to the United States’ government.

Telegram seems to be aware of such concerns and has even gone as far as singling out people they believe are terrorists through their privacy policy which reads:

“If Telegram receives a court order that confirms you’re a terror suspect, we may disclose your IP address and phone number to the relevant authorities. So far, this has never happened. When it does, we will include it in a semiannual transparency report…”

Telegram’s chief executive officer, Pavel Durov, has been very adamant when it comes to compromising the security of the messaging platform. However, he has cooperated with governments after terrorist attacks were reportedly coordinated using the app. Now, there is even more scrutiny being directed at the company because of its TONPayments – there is a considerable amount of certainty that this will make it very easy for terrorists to raise funds for their operations all without a trace.

Tron Bet Crypto Gambling Expansion Set for August 8

Posted on by Aaron Decker

TronBet, one of the world’s leading blockchain-based platforms, has done a great job in its effort to bring blockchain technologies inherent anonymity, security, and transparency to the online gambling space. The company’s goal has always been to democratize an industry where the users have often raised concerns pertaining to arbitrary behavior from service providers.

The team behind the disruptive company has recently published details of its newly rebranded business model. This planned migration from platform’s native cryptocurrency ANTE to its new cryptocurrency WIN. The plans have already begun to materialize with 5 percent of the newly minted WIN token set to be released on August 8 on Binance. This move is part of the projects Initial Exchange Offering (IEO) which, in the world of blockchain startups, is the equivalent of Initial Public Offerings (IPOs).

WIN, the new cryptocurrency, has been designed to allocate winnings from TronBet’s house-edge along with profits from its advertising revenues to token holder. This is one of the world’s very first distributed earnings model that leverages blockchain technology. As expected, from now henceforth, the platform will be rebranded as WINk and the platform’s broad range of crypto gambling products and services will enjoy formal trading licenses from the government of Curacao and Costa Rica.

New Strategy

TronBet arguably only comes second to Bitcoin when it comes to being one of the world most successful blockchain-powered products. However, the TronBet is setting some very ambitious goals with the major rebrand that is currently on the way. Their plan is to take the platform to a wider user-base as it leverages strategic partnerships with both Binance and BitTorrent. The latter was just recently acquired by Tron for a whopping $126 million.

Now, as far as its strategies are concerned, the project has plans to expand its development so that it can accommodate payment for its services through the more traditional banking methods like credit cards and eWallets. In essence, TronBet’s transition from ANTE to WIN is set to change a number of aspects in the company’s business model over the long-term. In addition to that, the transition is also set to allow for a greater chance for the token’s price to rise fundamentally over time instead of relying on the same speculative movements that define price in the broader crypto environment.

It goes without saying that blockchain technology seems to be one of the leading ways of bringing much-needed improvements to the online gambling industry. In fact, some analysts believe that crypto and blockchain are going to completely redefine the space. TronBet clearly knows about this and it is working quite hard to ensure that it is a part of this revolution.

Vegas-Crest-Casino-booongo

Vegas Crest Casino Adds Booongo Slots for US Market

Posted on by Abe Efe

Online gamblers in the United States are set for a treat thanks to the addition of Booongo’s impressive online slot portfolio to the Vegas Crest Casino catalog. The Vista Gaming-owned online casino operator will be rolling out gaming content from the software developer and its US-based customers are going to be among those that will be able to access the new offerings.

Vegas Crest Casino which is licensed by the gambling authority of Curacao is among the few industry players that accept players from the United States – the country does not allow online gambling operators within its borders to offers online gambling services to its people except in a few states where the practice has been officially legalized. Regardless, gamblers in the country are still able to enjoy online gambling on international online casinos without worrying about a lot of legalities since the law mostly speaks about the operators themselves and not the players.

With the over 40 Booongo slots that it will be adding to its already existing massive library of more than 1,000 online games from some of the leading software developers in the industry, Vegas Crest Casino will be even more appealing to online gamblers both across the United States and the rest of the world. In the United States, the online gaming platform will be the exclusive source of Booongo games which means that players who like slot machines will be swarming the site to get a piece of the action.

According to the casino software developer’s chief executive, the new online slots are set to “immerse players in a rich atmosphere with exciting game features and innovative gameplay” which simply means that they are among the very best that the global online gambling industry has to offer. Very few online casinos can match up to these offerings.

Booongo’s Quest to Concur the World

Having been in the online gaming industry for years, Booongo has been able to build a strong reputation for itself as one of the best suppliers of 2D and 3D online gambling content on the planets. The content it offers does not just look good but also offers a ton of great things including unique and authentic features as well as innovative game mechanics and math models. One of the most popular features is the game spectator mode which allows players to play one-on-one tournaments live.

In addition to having some of the most polished games in the iGaming space, Booongo also boasts of catering to very large audiences in all corners of the planet. In fact, the supplier’s gamers currently support a total of 18 languages with more set to be added in the near future. Its expansion to the United States’ online gambling market is just the beginning.

bitcoincasino-io

BitcoinCasino.io Adds New Gaming Providers to Its List

Posted on by Aaron Decker

Having started as nothing more than a simple crypto casino, Bitcoincasino.io has grown tremendously and is now considered to be among the top online gambling domains thanks to the outstanding products and services that it offers both digital currency enthusiasts and fiat currency users. Licensed by the government of Curacao, the crypto casino is not only legitimate but also assures all customers of safe and secure gaming experiences.

Bitcoincasino.io has been at the forefront of the crypto gambling industry for quite some time now and this is mostly because of the partnerships that the company has formed in the past. Now, it boasts of games from a total of 26 different software providers. This number continues to grow as the crypto-powered gaming operator partners with more software providers.

Partnership with Evoplay Entertainment

Most recently, Evoplay Entertainment has signed a lucrative supply deal with Bitcoincasino.io, a move that will give the leading online gaming platform the go-ahead to feature some of the most highly sought-after games in the online gambling industry.

Over the years, Evoplay Entertainment has morphed from its relatively humble beginnings to become one of the biggest online casino gambling solutions on the planet. Last year, the company flexed its innovation muscles when it became the very first software provider to unravel a 3D/VR slots game. In addition to that, the platform also features an impressive portfolio of more than 50 slots, table games, and instant games.

For slot lovers, Evoplay Entertainment’s titles are among the best in the industry – its collection of 57 titles will undoubtedly make the gaming experience truly memorable for each and every Bitcoincasino.io customer.

Net Entertainment Games Are Available

Scandinavian-based Net Entertainment is one of the biggest software game developers in the industry and therefore the addition of its polished and extremely popular game titles to Bitcoincasino.io’s portfolio is bound to be noticed and appreciated. While slots seem to be the main priority for this particular partnership, there is the possibility that live dealer games, table games, and even progressive jackpots will also make the cut.

Yggdrasil and No Limit City Join the Fun

Already customers of the crypto casino site can access a variety of Yggdrasil’s amazing online slots – these include fan-favorite titles such as Penguin City, Rainbow Ryan, Wolf Hunters, Nitro Success, Orient Express as well as Oswin’s Jackpots which is a progressive slot title.

Last but definitely not least is renowned game developer No Limit City. Being relatively new to the online gambling industry, No Limit City has grown rapidly and the inclusion of its products on Bitcoincasino.io is proof that it is worthy of competing with the big boys of the online gaming industry. Some of the popular No-Limit City titles that are currently live on Bitcoincasino.io include Coins of Fortune, Wixx, Tombstone, Tesla Jolt and Ice Ice Yeti.

kryptium

Kryptium Brings Decentralized P2P Betting to the Blockchain

Posted on by Abe Efe

While online betting is one of the most profitable businesses on the planet, the main, if not the only, beneficiaries are the large centralized online gaming operators that run the industry. Well, not anymore. A new platform and dApp referred to as Kryptium is now allowing online gamers from all over the world to connect with each and place bets – this peer-to-peer gaming model eliminates the need for a centralized odds-makes otherwise referred to as the ‘house’. This means that is possible for almost anyone from any part of the world to connect and make bets with the new application.

How It Works

One of the most powerful features of the blockchain and crypto networks is their ability to connect people directly. The Kryptium dApp exploits this feature to allow gamblers to make event-based wagers on just about any event that they may want – these range from fantasy games, typical sporting events such as poker games to even the outcomes of popular TV shows such as Game of Thrones. Kryptium allows players to place three types of bet on upcoming events. These are:

Pool Bets. – These are the kind where players bet on the predicted outcomes with all the bets being placed into a single pool. The players whose bets correctly predict the outcome of the event then share the pool. Moreover, the odds for this type of bets are dynamic and are hence dependent on the number of players in the pool and the wager amounts that each of them places.

Head-to-Head Bets. – For this type bet, one of the players opens up a bet for which they define the odds that another player is supposed to match. This model is perhaps the purest one in existence since the gamblers are completely free from any unfavorable and centrally defined odds.

Multi-Player Bets. – If you are a high roller, then this kind of bets will best suit you. In this case, the player who defines the odds does the same as they would in the Head-to-Head bets but this time, multiple players are required to match.

The Perks

Other than the aforementioned bet options, Kryptium customers are also treated to even more perks that are not provided by the traditional online betting platforms. For instance, the players can expect top-notch security not just because the dApp is based on the Ethereum blockchain but also because the platform has gone out of its way to further enhance it to ensure that player funds are protected.

Furthermore, customers will also appreciate the platform’s transparency, the exception user interface that it offers, the extremely low commissions as well as the advanced level of control that it gives them. That is very hard to beat.

litecoin

Litecoin Gambling on the Rise

Posted on by Aaron Decker

Digital currencies have been around for quite some time now and therefore it is safe to say that at least every single person will be familiar with at least one of them. In most cases, it is bitcoin, which is considered to be the mother of all cryptocurrencies having been around for the longest time. People and businesses have used these digital currencies in different capacities as they offer an alternative to cash and cards while at the same time offering transparency and anonymity, both of which are not really readily offered by fiat currency.

While digital currencies are yet to fully replace fiat in most areas, they have grown to become very useful forms of exchange and one of the most notable applications is in gambling. Still, bitcoin is by far one of the most widely accepted cryptocurrencies on online gaming platforms. However, things are changing rapidly in this regard and even though it will be almost impossible for bitcoin to be dethroned as the king of cryptocurrencies, other digital coins are beginning to at least match up to the threshold that bitcoin has reached. One of the cryptocurrencies that are headed in that direction is Litecoin.

The Perks of Litecoin

Just like bitcoin, Litecoin relies on a specific encrypted protocol that creates and transfers the Litecoin with no central authority overseeing or managing the transactions. However, unlike bitcoin, Litecoin processes a block of the ledger every 2.5 minutes as opposed to the just a little less than 10 minutes that bitcoin takes to produce a block – in essence, this implies that Litecoin confirms transactions faster than bitcoin and this great for gamblers who prefer to have their transactions to be processed as quickly as possible.

Litecoin also utilizes a memory-based algorithm which implies that there is more memory in the Litecoin system than there is in the bitcoin system. With all these goodies that are offered by the Litecoin technology, there is bound to be a catch which, in this case, happens to be that the faster and larger memory that the digital currency boasts of are much more expensive to operate.

Even so, Litecoin has managed to offer a plethora of exclusive features that have kept users streaming in for the same. Not only did the digital currency adapt very well to new technologies, but it also introduced such features as transaction canceling which is something that other cryptocurrencies are lacking. Furthermore, player safety and security are always guaranteed but as always this may depend on whether you are playing at a reputable and recommended online gaming platform that accepts Litecoin as a form of payment.

minephone-wx

A Look at the Crypto-Mining Smartphone Trend

Posted on by Abe Efe

Smartphone innovation has been at the very top of technological trends for over a decade now and just when we thought we had seen it all, we have once again come to see that there is still more to come. From the folding phones to the 5G phones that were showcased at the recent Mobile World Congress (MWC) in Barcelona Spain, tech enthusiasts were treated to bizarre and incredibly unique takes on the gadgets that have nowadays become a part of our day-to-day lives.

That said, one of the standout presentations at the MWC this year was the world’s first ever crypto mining smartphone. There have, of course, been other crypto-related smartphone innovations in the recent past but all of them mainly involved phones that could support blockchain technology. Great examples of these included the HTC Exodus 1 which was launched at a fairly reasonable starting price and could be purchased using either fiat currency or digital currency. The company hoped the new innovation would help them to steer the mobile and crypto industries to the new era of the next internet but it remains to be seen how this will all play out – the company’s mobile division has been on the rocks for quite some time now.

Wings Mobile, an Italian company headed by Antonio Milio, an Italian entrepreneur, has however chosen to take a totally different approach with by unveiling a smartphone with crypto-mining capabilities. Dubbed the Minephone WX (Wings WX), the smartphone will reward its user with a “prize” amounting to up to 2 ETH (Ethereum) on a monthly basis. This is some serious value, especially because Ethereum (ETH) and bitcoin (BTC) remain to be the top most valuable digital currencies on the planet.

How It Works

The limited-edition Minephone WX is basically a regular smartphone that uses glasses and steel to deliver on both durability and great visual appeal. At its core is a high-performance MediaTek Helio P60 oct-core SoC that powers the phones operating system and its “mining operations”.  It also has 128 GB of internal storage, 8 GB RAM and two high resolution (24 + 16 MP) rear cameras.

Obviously, there is no specialized mining equipment that can fit it into existing smartphones in order to allow mining on the Minephone WX more efficient. As such, the actual mining occurs in a third-party mining pool which the phone is connected to through a Smart Contract. The phone then receives a daily reward based on the mining power contracted.

Now, this is definitely innovation at its best but it is still hard to see how it will all play – maybe it will be a success among crypto and tech enthusiasts, or maybe not.

binance-simplex-card

Binance Now Allowing Bitcoin Purchase Using Credit Cards

Posted on by Aaron Decker

On January 31, Binance, which is the largest cryptocurrency exchange on the planet announced that users of the platform will now be able to buy digital currencies using debit and credit cards. This will facilitate through a partnership that the exchange has recently inked with Simplex, a fully-licensed financial institution that is known for its fraud-protected payment processing services.

With this new system, the crypto exchange’s users will be able to buy Ethereum, bitcoin, and Litecoin among other currencies using Visa and MasterCard credit and debit cards with the process taking an average minimum of 10 minutes and a maximum of 30 minutes. There will also be a transaction fee of $10 or 3.5 percent of the transaction.

According to Changpeng Zhao, the CEO of Binance, the move to integrate credit and debit cards onto the platform was mainly motivated by efforts by the company to give the traders faster, easier and more accessible methods of trading digital currencies. The partnership with Simple was therefore well thought-out since it will effectively assist in bridging mainstream payments and crypto for traders all over the world.

The use of credit cards and debit cards in crypto trading is very rare since most exchanges usually refuse them altogether or charge very high transaction processing fees in order to discourage traders from using them. This is quite justifiable due to the risk of chargebacks. These occur when fraudsters gain unauthorized access to a credit or debit card then use it to buy crypto – usually, once the owner of the card regains control of their banking accounts, the credit/debit companies will issue a chargeback and the cost may then be passed on the merchant which, in this case, is the cryptocurrency exchange. Simplex is the perfect partners for Binance since it not only solves the risk problem through what they are calling a “guaranteed fraud-less payment processing” system but also because they are one of the very few companies that will absorb chargeback-related costs.

Is This the Key to Mainstream Adoption?

Binance’s long term goal has been to avail its services available to the wider public and the integration of card payments is certainly going to help with this. As parts of its global expansion plans, the company recently launched two fiat-to-crypto exchanges; Binance.je supports trading in British Pounds and Euros with crypto while Binance Uganda is supporting trading crypto with Ugandan Shillings.

“The crypto industry is still in its early stages and most of the world’s money is still in fiat. Building fiat gateways is what we need now to grow the ecosystem, increase adoption and introduce crypto to more users,” the company’s CEO pointed out.

If crypto is going to go mainstream in the near future, there is no company that is better suited to lead the industry than Binance. The fact that it remains to be the leading crypto exchange will help a lot in pushing this agenda.

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