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MyPrize Unveils Groundbreaking Multiplayer Online Casino with Crypto Integration

Alongside its US counterpart, MyPrize, the pioneering multiplayer online casino, has officially debuted in several international markets. MyPrize offers a novel twist on the online casino experience by fusing the excitement and big stakes of online gaming with the interpersonal communication and communal aspects of social media and live broadcasting.

The innovative Bet Together feature on MyPrize lets users communicate with one another while streaming their games, opening a direct line of communication between producers and their followers. Thanks to this feature, online gambling is transformed into a social experience that is both dynamic and engaging.

Anticipating the platform launch with great anticipation, more than 150,000 people had previously signed up for MyPrize and MyPrize US during the early access period. Streamers and gamers alike can now come together to enjoy plenty of fan-favorite casino games, such as blackjack, slots, roulette, Plinko, scratch cards, crash, mines, and more.

A Haven for Creators

Creators may monetize their material and reach new audiences with the help of the tools available on the platform. One cool thing about this platform is that it lets creators set up special areas where their fans can come to watch live streams and play games with them. The new multiplayer game style lets fans join in and support their favorite creators.

With no limits on how much money producers can make on MyPrize, they may maximize profits off of user acquisition and engagement. There is zero dependence on ad revenues, so creators can focus on growing and supporting their community.

“MyPrize is a platform that leans into the strengths of online communities – these massive communities that have managed to forge deep interpersonal connections within message boards and chat rooms.  I can’t wait to see what these creators can accomplish with tools built specifically for them that let them interact with their fans on a new, deeper level.”

MyPrize founder and CEO Zach Bruch

TSteezy, Solace, Atomic, AsianAndy, WesBTW, and KingWoolz are just a few of the well-known creators on MyPrize’s roster at launch. Partnerships with creators from 100 Thieves, a leading lifestyle brand, are also included.

A Solid Payment System

US users of MyPrize can join sweepstakes for the potential to win actual prizes, including cryptocurrency, while users of MyPrize may withdraw their in-game USD to cryptocurrency. Moreover, to increase the crypto space’s mainstream awareness and recruit a broad user base, MyPrize plans to host large-scale activations and form collaborations with streamers, celebrities, and big companies to encourage new users to join the Web3 ecosystem.

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March’s Crypto Market Crash and the Gambling Industry

The crypto market saw a phenomenal rise last week, but already today, bears gained over and the charts turned red. After breaking the desired $69,000 barrier on March 6, 2024, Bitcoin saw a dramatic 8+% decline at the same time as this slump.  Over the previous day, the total market value of the cryptocurrency industry fell notably.

What’s Happening?

In total, the market capitalization of all cryptocurrencies fell by 1.00%, reaching $2.47 trillion. Notwithstanding this decline in market worth, the overall volume of the cryptocurrency market increased dramatically, rising 26.72% to $250.19 billion in the last 24 hours. With $17.11 billion, decentralized finance (DeFi) was a major player in this volume, while stablecoins remained a major player with $225.84 billion, demonstrating their dominance in the present market reality.

The latest fall has not dampened investors’ overbearing greed. Someone with this outlook may be hopeful about a future recovery or see the present market situation as a chance to purchase assets at a bargain.

The Implications for Crypto Gamers

It goes without saying that this will impact the booming crypto-gaming industry. Crypto holders may reevaluate their gaming choices during market downturns, looking for venues that provide stability and security. Players who are in search of safe gaming environments would likely be drawn to cryptocurrency casinos with transparent operations and solid risk management systems.

To compensate for the decline in activity, crypto casinos may take advantage of the market by offering attractive bonuses and promotions. Promos like special tournaments, cashback incentives, or reduced deposit bonuses may help bring in players even when the market is tough.

Changes in the value of cryptocurrencies may also impact how players choose to fund their accounts. There may be less activity on crypto gambling platforms as a whole if players become wary of spending their digital currency due to the volatility in pricing. Alternatively, while some may be hesitant to deposit cash out of concern for further market drops, others may be in a hurry to withdraw to limit their losses.

Not All Doom and Gloom

Though short-term swings influence player actions, crypto casinos’ capacity to adjust to shifting market conditions and government regulations will determine their fate in the long run. Ultimately, when it comes to the ever-changing world of cryptocurrency gaming, casinos that exemplify resiliency, creativity, and compliance with laws are in a better position to prosper.

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Loopholes Emerge Amid the Intricacies of the UK’s Crypto Gaming Restrictions

Sky News has recently uncovered a vibrant underground world in the UK’s crypto community, as enthusiasts find loopholes to navigate the complex crypto casino bans. With pre-verified accounts from renowned cryptocurrency havens, like the ethereal Stake.com, people in this underground world can effortlessly immerse themselves in the action of unregulated gambling.

In the face of tightening regulations on cryptocurrency casinos in the UK, clever gamblers there are quietly rising and coming up with new ways to gamble online for big money while disregarding the rules and regulations. A shadowy web has formed, fueled by popular personalities and celebrities, that looks like an underground society where pre-verified accounts are auctioned off as valuable relics.

With the help of open-source technologies, daring gamblers can work around the intricate crypto terrain. When new accounts are created, platforms insist on seeing visual proof as part of their unwavering dedication to regulatory compliance. However, for as little as 8 pounds, buyers often succumb to the allure of pre-verified accounts, which allow them to elegantly avoid these legal obstacles.

Shared on various social media sites, these digital gems reveal orchestrators running complex operations with specialized sales teams and mysterious “middlemen” that covertly arrange safe transactions in exchange for a small cut of the crypto goodies.

Echoes of Concern

Over months, Sky News delved into the mystery behind cryptocurrency gambling and uncovered the significance of Stake.com accounts. A Discord server had over a hundred Stake.com accounts, while Facebook was filled with promotions for nearly two hundred. Crucially, a shroud of mystery envelops these revelations, as there is no evidence implicating the casinos in these covert activities, leaving room for speculation and intrigue.

Regulated casino watchdogs are stepping up their efforts to prevent fraud, but the possibility of player funds getting into the wrong hands is a growing concern. Proponents of strict gambling laws in the UK bring out the issue of addiction, which is made worse by the fact that these crypto gambling havens do not use any restrictions on betting or time.

A heated discussion looms over the UK’s crypto sector as the discrete examination takes shape, with cryptocurrency casinos and social media platforms balancing in a show of accountability. There is a hint of a forthcoming transformation in the world of crypto and the UK might just be at the forefront considering how hard the issues of regulation and consumer safety are knocking on their doors. Perhaps it will be part of what shapes the crypto gambling landscape in 2024.

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2023’s Defining Crypto Trends

Looking back on the major themes that impacted the world of crypto gambling in 2023, it is crucial for both experienced players and newbies to remain ahead of these evolving trends. This piece analyzes some revolutionary changes that have changed the face of online crypto gambling and created conditions for an unmatched gaming experience.

AI and ML Integration

The integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies has ushered in a new era of personalized gaming experiences. By leveraging user preferences, these advancements curate tailored gaming recommendations, enhancing user engagement and fostering continued exploration of gaming varieties.

Evolving Game Dynamics

In the dynamic world of crypto casinos, the relentless pursuit of innovation has birthed a gamut of modern and captivating games. Collaborations with industry-leading software providers like Microgaming and Pragmatic Play ensure an ever-expanding repertoire of engaging and diverse gameplay experiences.

The advent of live dealer games has revolutionized the online gambling sphere, offering an immersive and lifelike gaming environment for aficionados of blackjack, roulette, and poker. The integration of Bitcoin into poker platforms has ushered in a new era of convenience and flexibility, expanding the horizons of online gaming possibilities.

Moreover, the social fabric of Bitcoin casinos pulsates with vibrant interactions and community-driven engagements. Encouraging group participation, these platforms foster an environment for collaborative gaming experiences, amplifying the thrill and camaraderie among players.

Tailored Interfaces for User Accessibility

Acknowledging the varied expertise levels within their user base, top-tier crypto casinos have endeavored to offer user-friendly interfaces. Focusing on simplicity and ease of navigation, these platforms facilitate a seamless onboarding experience for newcomers while providing a familiar and intuitive interface for seasoned players.

Globalization

The resounding appeal of cryptocurrencies has orchestrated a widespread global adoption, enticing both seasoned and novice players to explore the realm of crypto gambling. Regulatory frameworks implemented by nations like Switzerland, Japan, and Malta have accelerated the integration of cryptocurrencies, recognizing their potential benefits and paving the way for their widespread acceptance.

Better Security Measures

The inherent security and privacy afforded by cryptocurrency’s decentralized network and blockchain technology are cornerstones of top-tier BTC casinos. Provably fair gameplay systems, robust encryption, two-factor authentication (2FA), and secure cold wallet storage mechanisms fortify the security and integrity of crypto gambling platforms, safeguarding user data and financial information.

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Exploring Crypto in the Realm of Crash Gambling

Crash gambling has always had its die-hard fans. What is not to love about games of chance? They are the ultimate test of your luck, promising that exhilarating chance to hit the big jackpot.

The beauty of crash games lies in their simplicity, and you do not need to be a hawk-eyed strategist to join in the fun. It is all about betting on a multiplier that steadily multiplies your potential winnings until it unexpectedly comes crashing down, forcing you to make a swift exit with your winnings in tow.

The intriguing twist here is that there is no crystal ball to predict when the crash will happen. It’s all about luck. These online games run on random number generators, making it futile to try and chase losses.

Enter Crypto

But the real game-changer here is the introduction of cryptocurrencies, particularly Bitcoin, into the mix as a payment option. Crypto crash gambling mirrors the traditional fiat currency version in terms of gameplay. The rules stay the same, and it is all about Lady Luck determining your fate. However, what makes it extra exciting is the array of advantages that come with using cryptocurrencies.

First, cryptocurrencies do away with traditional banking procedures, granting you a level of privacy that’s hard to find elsewhere. All it takes to get started is an email address, and for now, no crash gambling sites are demanding you to show your ID. It’s a gambler’s dream come true!

They also know no bounds, making it possible for players from even the most restricted gambling regions to sneak their way into crash gambling sites using VPNs. As online gambling gains steam in places with a burgeoning middle class and extra cash to spend, cryptocurrencies offer a straightforward gateway to the action.

All those all sound familiar, right? Well, what really sets crypto crash games apart is the “provably fair” aspect. The odds of winning are etched in the blockchain code, ensuring automatic payouts when you strike it big and decide to cash out. This level of transparency is unmatched.

A Fad or a Growing Trend?

Crash gambling has always been a crowd-pleaser, thanks to its sheer simplicity and the tantalizing chance to strike it rich through sheer luck. With more cryptocurrencies now at the helm, this thrilling game takes on a new dimension, offering speed, safety, and anonymity like never before. Many players are automating their Bitcoin crash gambling for a smoother ride, all while employing clever strategies to up their odds. It might just be the next big thing for avid gamblers.

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Bets.io Expands Portfolio with SOFTSWISS Sportsbook Integration

In an exciting development, the SOFTSWISS Sportsbook has expanded its network of clients through a strategic partnership with Bets.io, a prominent crypto casino. The purpose of this partnership is to improve the Bets.io user experience by providing a new, exciting product, and to increase the variety of services offered by this modern online casino.

Bets.io is widely hailed as a casino built by crypto fans, for crypto fans, and it offers a huge selection of games and operates with a Curaçao license. To attract users who prefer digital currencies to fiat money, it offers wagering in a broad variety of them, such as Bitcoin, Bitcoin Cash, Litecoin, Ethereum, Dogecoin, US Dollars Tether, TRON, XRP, ADA, BNB, DAI, and TRX.

With the seamless integration of SOFTSWISS’ sports betting platform, Bets.io’s players can now enjoy a comprehensive selection of over 200 sports, including esports. The betting odds are sourced from respected providers like Betradar and Oddin.gg, ensuring a top-tier betting experience. Furthermore, players will gain access to a range of enticing bonuses, such as Freebet and Comboboost.

The SOFTSWISS Sportsbook is an integral element of the overall product suite, providing players with access to a variety of incentives that are “unique to the iGaming industry” and the option to run jackpot campaigns on sporting events.

The Terms

Throughout this partnership, Bets.io will receive invaluable support and technical assistance from SOFTSWISS. This support extends to tailoring the platform to meet specific customization requirements and incorporating new functionalities as per the client’s needs. Moreover, Bets.io will benefit from a suite of player management tools, including betting statistics, flexible odds, event settings, and top-notch customer support.

“Using our sports betting platform, Bets.io will strengthen their business through enhanced engagement and a broader market reach, while players will have access to a wide range of sports, events, leagues, and tournaments.” Alexander Kamenetskyi, Head of SOFTSWISS Sportsbook

The team at Bets.io has also expressed their enthusiasm, noting that they are looking forward to learning more about the features of the Sportsbook Platform so that they may provide their customers with something unique. The process of collaborating with SOFTSWISS was smooth, and they anticipate excellent outcomes. Their new partner has been quite helpful throughout the whole process of integrating their systems.

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Twitch’s Gambling Ban Sparks Competitions As Kick Rises to the Challenge

In September 2022, Twitch, Amazon’s live-streaming platform, made headlines with its decision to ban gambling content.

This action was taken in response to calls from prominent streamers to address the problem of potentially dangerous gambling streaming, which might have a negative impact on viewers under the age of 18. On October 18, 2022, Twitch officially began blocking broadcasts involving illegal gambling games, which would have affected sites like Stake.com, Rollbit.com, Duelbit.com, and Roobet.com.

Although the decision was supported by some, the ban was met with strong opposition from others who saw the platform’s attractiveness in large part due to its gambling content. However, as a result of the prohibition, Kick had the chance to enter the market and become a formidable competitor.

To differentiate itself from rivals, the service made the calculated decision to allow material linked to gambling and was backed by a cryptocurrency casino. The addition of cryptocurrency and these gambling components to the Kick platform has the potential to completely change the streaming experience, turning it from a passive to an interactive one

A Show of Might or An Industry Norm?

Several popular broadcasters have moved from Twitch to Kick, among them Felix ‘xQc’ Lengyel and Drake. And, together with Stake.com, the site provided a way for users to gamble on cryptocurrencies while watching popular broadcasts.

This rapid ascent of Kick exemplified the ever-changing nature of the streaming market and posed a threat to the dominance of Twitch. But this analysis runs even deeper.

Long-term, the effects of Twitch’s gambling restriction and the rise of competitors like Kick might cause significant shifts in the streaming market. The restriction intended to make Twitch a more welcoming place for all users, but it might have the unintended consequence of driving users looking for gambling content to competitors like Kick, which would hurt Twitch’s income and user base. Kick’s success showed there was a market for gambling-related material, but the site could only attract a niche audience.

Where Do We Go From Here?

The emergence of services supported by cryptocurrencies like cryptocurrencies and live-streamed casino games brings a new element to streaming. Although there are benefits and drawbacks to this novel method, it has the potential to completely change the way we see streaming media. As the environment changes, platforms, streamers, and viewers alike will need to adjust to make their way through new and interesting seas.

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The Rise of Cryptocurrency Gambling in Manchester

Every nook and corner of Manchester is now aware of the astounding benefits that come with doing financial transactions with digital currencies. Many of the city’s casinos have started accepting Bitcoin as currency and are using Blockchain Technology to process transactions.

Quite simply, the effect has been phenomenal.

This shift to online gambling has been revolutionary since it has made financial transactions between gamblers and crypto casinos simpler and safer, ending the age of fraud and ushering in a new one of increased security and transparency in casino operations.

Manchester’s online casinos are seeing an influx of tech-savvy gamers and crypto aficionados from all over the world due to Bitcoin and other cryptocurrencies. The result? Foreign investment has flooded into the city, completely altering its economic landscape.

Banks and the fees they charge to process financial transactions of any kind are becoming a thing of the past. Not only does this streamline the banking systems of online casinos, but it also solidifies Manchester as a thriving center of tech innovation in the gaming industry. Jobs have been created, and ancillary industries like bitcoin exchanges and blockchain development firms have grown as a direct result of the booming gaming business.

Same Old Goodies

Blockchain’s distributed nature ensures the safety of all transactions, keeps customer information private, and makes fraud almost impossible. Crypto offers instant and trouble-free trade by removing middlemen and drastically cutting down on processing times.

Reduced Transaction Fees Eliminate costly financial middlemen. More of a player’s profits may be kept thanks to the cheaper transaction fees associated with cryptocurrency transactions compared to more conventional payment options.

Navigating The Challenges

There are several upsides to utilizing cryptocurrency at online casinos, but players should also be mindful of the risks they face. Due to the unpredictability of cryptocurrency pricing, it might be risky for both casinos and their customers to use cryptocurrencies.

Not to mention, navigating the regulatory environment around cryptocurrencies may be a bit of a roller coaster ride with all the unknowns and differences across countries. This may cause problems meeting Know Your Customer (KYC) and Anti-Money Laundering (AML) standards. Despite these obstacles, several crypto gamblers have made significant gains, demonstrating the immense potential of this intriguing business.

The digital transformation of Manchester’s casino industry shows no signs of slowing down. Brace yourself for what lies ahead! The integration of advanced technologies such as Virtual Reality (VR) and Artificial Intelligence (AI) will take the casino experience to unimaginable heights. VR will transport players to immersive and realistic gaming environments, bidding farewell to the need for physical casinos. AI, combined with gameplay, will pave the way for more personalized experiences, tailored to each player’s preferences.

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ezBtc Under Investigation for Massive Crypto Fraud Scheme

According to the British Columbia Securities Commission (BCSC), the Canadian crypto trading platform, ezBtc, has been engaging in fraudulent activities for the past three years. It has come to light that ezBtc has lied to its consumers about the protection of their personal assets and has instead been funneling the customers’ money to online gambling websites. That is right, instead of keeping their customers’ assets safe and secure, ezBtc transferred incoming Bitcoin and Ether to two crypto gambling websites, and the assets were worth a staggering $13 million as of mid-2019.

However, things only get worse. According to the BCSC’s findings, ezBtc did not maintain custody of its client’s money, and most of the holdings reported by the platform did not exist. To put it another way, to trick its customers, ezBtc has been pretending on its website to have real holding thus acting just like a bank would.

But wait, there’s more bad news! EzBtc has been running under the auspices of a numbered corporation known as 1081627 B.C. Ltd. since 2016, when David Smillie, the only director of the firm, registered it. Furthermore, Mr. Smillie’s whereabouts are unknown as of at least the year 2021.

Early Red Flags

In November 2019, customers noticed something was wrong when the ezBtc.ca website stopped working and they were unable to make any transactions or withdraw any funds. They were led to think that their funds were being stored offline, in “cold storage,” safely under ezBtc’s watchful eye.

The BCSC has issued a summons to ezBtc, instructing the business to attend at its offices on June 27 ahead of any planned hearing. That is if the company wants its side of the story to be heard. The authority claims that ezBtc has committed securities fraud since the contracts it offers to clients are technically futures contracts, which are classified as securities. These accusations, however, have not been proved in a court of law.

Tough Times for Crypto

Even as the cryptocurrency industry reels from the collapses of FTX Trading Ltd. and Celsius Network LLC, it seems that crypto fraud is on the rise. Doug Muir, director of enforcement at the British Columbia Securities Commission, has seen many instances like ezBtc as Canadian regulators crack down on cryptocurrency services.

For crypto users on such platforms, this calls for even more diligence. If you are thinking about getting involved in cryptocurrency, it is imperative that you do your research and comprehend how the industry functions before you do so. In case something seems to be too good to be true, then there is a strong chance that it is not what it claims to be.

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Snoop Dogg Partners with Roobet and Becomes Chief Ganjaroo

Snoop Dogg, music artist and entrepreneur, has been named Chief Ganjaroo at Roobet and is working with the startup and its parent company, Raw Entertainment, to change the face of online entertainment forever. Together, Snoop’s unprecedented worldwide reach and deep industry knowledge, and Roobet’s cutting-edge technology and enthusiasm for the crypto frontier will provide a gaming experience unlike any other.

The online entertainment business is set for a major shakeup as a result of this revolutionary partnership. The partnership is Snoop’s newest foray into the web3 area, although he is already a well-known metaverse enthusiast and avid collector of digital real estate.

“These guys are doing something different. This partnership just feels natural, and we’re going to blaze a trail for the future of online entertainment. I been sayin’ Roooooo for a long time now – they bring the ultimate player experience, we share the love of doing new things, and we care about our fans – so together we’re gonna change the game and do it better than it’s ever been done,” Snoop Dogg expressed his excitement about the partnership.

Co-founder of Roobet Matt Duea agreed with Snoop, adding that the company’s goal from the start was to expand the possibilities of what a gaming brand might be and that Snoop is a true visionary. Together, they are ready to bring about a genuine change in the way that entertainment is experienced online.

Everything that matters to them is making sure their community has access to the best online casino experience possible. The company’s prospects for the future of digital entertainment are looking better than ever now that Snoop is on board.

Lots of Goodies

Roobet and Snoop are preparing several exciting community-wide events to mark the beginning of their collaboration. They’re holding a raffle for $100,000 in cash and prizes including meet-and-greets with Snoop Dogg, backstage access to one of his concerts, special deals for new users, and more. Those who meet the requirements may sign up by going to roobet.com or the soon-to-be-launched roobet.fun website.

With over 3,300+ games from world-class iGaming studios and a fully-featured Sportsbook, Roobet provides a next-generation entertainment experience on an innovative and secure platform accessible to eligible gamers worldwide. What started as a niche casino for crypto enthusiasts has hit the mainstream, with over 3 billion wagers abroad. With over 300M views on TikTok, Roobet is a casino “for the internet, by the internet.” More details on the platform will be made available in the coming weeks.