softswiss-betsio

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.

stake

Ethereum and BNB Theft at Stake.com Crypto Casino Sends More Shockwaves Through the Industry

Stake.com, a popular crypto casino, was hit by a massive heist involving Ethereum (ETH) and Binance Coin (BNB), which amounted to tens of millions of dollars, in a shocking turn of events.

Stake’s Ethereum and Binance Smart Chain (BSC) hot wallets were compromised, but the business assures customers their money is safe. Bitcoin, Litecoin, XRP, EOS, and Tron wallets, among others, are safe for the time being.

An Analysis

On-chain transaction analysis reveals a startling $16 million in stolen Ethereum (ETH), USDC, USDT, and DAI from an Ethereum wallet. Apparently, to avoid any blocking by Tether or Circle, these stablecoin holdings were changed to ETH. In this fraud, almost 6,000 ETH were stolen.

In addition, tokens worth $17.8 million were illegally gained from the BSC chain, and another $7.8 million came from the Polygon wallet. Both of these amounts are referred to as the total amount stolen. Collectively, attackers got off with somewhere about $40 million.

Speculation that Stake.com’s platform has been systematically infiltrated has been fueled by comments from MetaMask’s Product Manager, Taylor Monahan, who noted that the transactions were precisely organized.

This lends credence to the hypothesis that the theft was carried out straight from the internal systems of the platform, most likely via the unauthorized acquisition of private keys. Important to remember is that they were “hot wallets,” meaning they lacked the extra protection of offline keys. Still, it has not been possible to determine who was responsible for this daring heist yet.

What This Means for Stake.com

Stake.com, established in Curacao, promotes itself as the premier crypto casino by offering an online gaming platform for cryptocurrency betting. Since its 2017 debut, Stake.com has enabled users to gamble on sports and online games using cryptocurrencies such as BTC, ETH, and DOGE. Bets in fiat currencies, like as the US dollar, are also accepted on the site. The company has had legal problems before, but nothing like what happened yesterday.

It is part of the growing industry of cryptocurrency casinos, which has seen success in part because of its customers’ need for privacy. Because they do not need users to reveal their identities via the Know Your Customer (KYC) process and accept cryptocurrencies for deposits and withdrawals, these sites have opened anonymous worldwide betting.

Despite the serious breach in security, Stake.com has continued to operate normally. The corporation has assured customers that their money is safe and is once again processing withdrawal requests. It seems likely at this point that the stolen goods belonged to the business, rather than specific consumers.

On the other hand, withdrawals have been enabled again, suggesting that Stake.com is confident in its capacity to make up the lost funds. Without these guarantees, customers are hesitant to make withdrawals for fear of going bankrupt. Thankfully, it does not seem that this is an issue with Stake.com.

kick-streaming

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.

roobet

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.

softswiss

SOFTSWISS Casino Platform Debuts In-Game Currency Conversion

In-game currency conversion, a much-requested function of the popular SOFTSWISS Casino, has finally been made available to users. Players may now change their cryptocurrency holdings into up to 9 different fiat currencies using the Casino Platform, an online casino management system.

A cryptocurrency-focused addition to video games, In-Game Currency Conversion made its official debut in the spring of 2022. The project’s goal was to provide customers with additional options for growth and to provide participants with greater leeway in how they played.

Both players and operators benefit from this integration since players may now wager on games that do not traditionally accept cryptocurrency and operators have access to SOFTSWISS’ whole library of games.

There was previously just one preset currency that crypto could be exchanged for before the upgrade. Extra fiat currencies (USD, EUR, AUD, RUB, CAD, NZD, NOK, JPY, and BRL) are now accessible for conversion in-game thanks to SOFTSWISS’s special features.

According to Darya Avtukhovich, Head of the SOFTSWISS Casino Platform, users previously could only exchange cryptocurrency for US dollars. The type of currency that could be spent restricted the games that could be played. The problem is that different games elicit different feelings and reactions from players.

That is why they included support for many currencies this time around. A wider range of games is now accessible to players who can convert their cryptocurrency assets into more traditional currencies.

Huge Step Forward

SOFTSWISS has taken a major step toward its big aspirations with the release of its new currency conversion tool.

As a result of the players and the diversity of operators fighting with one another to obtain their goods on this platform, the firm is creating solutions that are in accordance with market needs.

The corporation has thrived thanks to its ability to continually adjust to shifting consumer preferences. At the next SiGMA Europe expo in Valletta, Malta (November 14-18), it will showcase its cutting-edge technologies including the Casino Platform and its capabilities. Developers, operators, players, and the general public involved in iGaming will get the opportunity to learn about the company’s most recent innovations at this event.

These enhancements are all part of SOFTSWISS’ long-term plan to deepen its presence in existing markets while entering new ones and bolstering the breadth and depth of its product offering.

 

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CryptoGames Races to Take on Fast-Paced Crypto Gambling Space

The crypto betting business is booming, but there’s always an opportunity for new entrants to increase competition and usher in new ideas. CryptoGames is gaining popularity as a trusted place to gamble online using crypto. Featuring state-of-the-art safety protocols and entertainment options, the casino caters to customers from all over the globe. It also offers the newest and greatest cryptographic implementations of traditional casino games, a delight for cryptocurrency consumers.

A major selling point is that gamers from all around the globe may enjoy the Curacao casino without leaving their homes. That means that players may use any modern mobile device to have free and unlimited access to the casino.  The site also consistently promotes safe and fair crypto gaming alternatives for players of all skill levels.

A Well-Rounded Package

When it comes to financial systems and providing a level playing field for crypto aficionados, CryptoGames leverages cutting-edge technology to ensure both. The casino features a complete collection of classic games, all of which provide modern crypto gaming experiences. Blackjack, Keno, Roulette, the Lottery, and six more standard casino games are all featured inside the casino’s sleek design.

As a whole, the platform’s games are designed to be simple to play and understand to appeal to the largest possible number of casual gamblers. All ten games are simple to pick up and play, but each has its own flavor and its own set of rules for how bets are handled.

As a result, CryptoGames is now recognized as a platform that consistently exhibits its commitment to fair and responsible gaming, therefore ensuring that all players may enjoy themselves in a risk-free environment. The 10 games all have distinct goals and features, so they are up to par with today’s requirements for video games.

After registering for an account, gamers may use their Play Money to try out nine different games at no cost.

A Solid Payment System

For a company like CryptoGames, which operates in the cryptocurrency industry, having a reliable payment system is essential. There are ten different cryptocurrencies available for use in the country’s financial system, which may be used for everything from transaction processing to playing games.

Even better, either fiat currency or cryptocurrency may be easily deposited into the system. Credit cards and an advanced monetary exchange system may also be used to make deposits and make trades.

Exchanges between other cryptocurrencies are also supported in CryptoGames, with the help of reliable aggregators. The casino also maintains an open and accessible list of services on its website, including things like the casino’s safety and privacy regulations, as well as its promotions, bonuses, and affiliate programs. Players who sign up for a free account at Play Money get instant access to the site’s rewarding system.

DefiXBet

DefiXBet Launches World’s First DeFi Casino Platform

The future of P2P gaming platforms is looking very bright thanks to all the amazing innovations that are coming to the space. One of the most recent developments in this regard is from DefiXBet which has announced its very first decentralized casino that has integrated Decentralized Finance (DeFi) features. In addition to being an amazing offering with P2P functionality, the site claims to deliver the cleanest, transparent, secure and anonymous betting experiences in the industry.

Many crypto gamblers will be aware of centralized casinos and all the challenges that they are associated with. Many gaming operators have been trying to solve this problem. Some of the solutions including DefiXBet’s are very impressive. Instead of relying on gaming scripts that are easy to manipulate, the platform uses smart contracts. This contributes to the transparency and trustworthiness that the platform boasts of.

To further affirm its commitment to trustworthiness, the platform also supports decentralized betting. Through its “Custom Decentralized Bet” or CDB, the leaders of the site will have access to real-world and real-time data like API. This goes a long way in increasing user trust on the platform.

Opportunities For Players to Share Profit

Now, gambling can be fun but as always, winning is not guaranteed regardless of the game that you are playing. This is not really a problem as it is the very nature of all games of chance. However, DeFiXBet seems to found a way of letting the customers share a piece of the casino’s profit even if they lose at the gaming tables.

One of the features that make DefiXBet so attractive is its utilization of the DeFiProtocol to share casino profits with holders of its DXB token. That profit is distributed in such a manner that 40 percent goes to the stakeholders of the DeFi platform while another 40 percent goes to the DeFi platform itself. The remaining 20 percent is then channeled towards token buy-back and half of this will get burned.

“The DXB token value is designed to grow rapidly by scaling the platform while token holders can gain passive income by staking DXB or by creating their own casino games as a 3rd party developer,” one of DXB’s developers elaborates.

The inclusion of 3rd party games is a particularly exciting concept. This will not only mean more games for users but also presents an opportunity for more revenue generation from the additional profits gotten from the third parties.

bcgames

BC.GAME Receives License from Curacao

Fast-rising crypto-first gaming operator BC.GAME has recently checked off a huge milestone in its quest for expansion. The operator now has a gambling license and is now one of the very few officially regulated crypto-powered iGaming platforms. This license is from the jurisdiction of Curacao.

Anyone who has been paying even slight attention to the gambling sector will be familiar with Curacao. Officially referred to as the Curacao Interactive Licensing N.V. (CIL), it is one of the leading and most popular casino gambling licenses. Lots of operators often apply to be licensed and regulated by the body. Players trust its license thanks to the great reputation it has as a third-party regulatory body. It is best known for having a trustworthy, responsible, and stringent but fair licensing protocol.

Since BC.GAME now has a license from Curacao, it is safe to say that the company has proven that it adheres to all the rules and complies with all of Curacao’s applicable gambling regulations. This put the gambling operator in a unique position. First, the license further strengthens its beliefs and mission to provide outstanding security features. It also further affirms the company’s plans to deliver an optimal and provably fair gambling experience to the users.

“We have achieved a huge milestone by getting our gaming license and we are very optimistic about the future. Our new status as a regulated online casino allows us to offer 1000s of third-party games from the world’s top online casino slots and game providers. The gaming license means that we can also run a sportsbook and host live dealer games as well. We couldn’t be more excited.”

Chris Butler, the BC.GAME COO.

The license has been published on the Interplanetary File System (IPFS).

Huge Leap Forward for Crypto Gambling

While there has been massive growth in the crypto and gambling spaces, iGaming platforms that solely rely on digital currencies have found lots of difficulties when it comes to getting licenses. That said, BC.GAME’s achievement in this regard creates represents a lot of new enthusiasm for the future of the sector.

BC.GAME currently supports over 50 cryptocurrencies. Most of the other operators do not support that many digital currencies for either deposits or withdrawals. We should probably see more influx in terms of online casinos that get licenses from regulators across the globe. Moreover, this is an indication that more and more people are now warming up digital currencies.

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Update: Atari Crypto Casino Finally Launches with Virtual Party

Last Thursday, renowned Japanese video game company Atari followed through with its plans to launch a cryptocurrency casino. This was through a virtual launch party that was hosted in Decentraland. Needless to say, the launch was a pretty huge milestone for the company as it doubles down on its efforts to become a huge player in the world of crypto gaming.

One of the biggest highlights of the launch event was the amazing performance of Dillion Francis, one of the world’s most popular DJs, record produces, and accomplished electronic musicians. He performed a DJ set via a live stream in the Casino Quarter of Vegas City on Decentraland. Atari was so impressed with this performance that they have gone on to say that it broke every record for a launch party.

The NFT Sale

Dillion Francis was one of the people that were behind the special non-fungible tokens (NFTs) that were auctioned off during the launch event. For that, the DJ and musician teamed up with MERDA, a popular visual artist. They then created three amazing NFT’s all of which were inspired by Gerald the Pinata

Dillon’s and MERDA’s NFTs were auctioned off on OpenSea and other platforms during Atari’s launch party. One of them featured a “3D Pixel Gerald,” and it sold for 6.42 ether (ETH) – this is the equivalent of $17,788 as of the time of this writing. Also worth noting is that the launch party began with a doubled prize pool which then brought the total prize pool for the launch to a whopping $20,000.

More to Come

Atari also recently announced plans for the formation of a blockchain division known as the Atari Blockchain. This move further solidifies the company’s venture into the world of crypto. Likely, the move will also nudge other companies to work towards similar initiatives.

paxgold-cloudbet

Cloudbet Now Allows Betting with Gold

Pioneering crypto casino and sportsbook Cloudbet has been known for pushing some of the biggest developments in the crypto betting industry. The company has been working very hard to push its business forward and in mid-October, it debuted yet another significant feature that has sent ripples through the sector. Cloudbet customers will are now able to bet online with gold.

Pax Gold otherwise referred to as PAXG, will be one of the many forms of payment that will be available to the platform’s users. Every unit of PAXG is backed by one fine troy ounce of a gold bar. The physical gold assets are in this case held in custody by the Paxos Trust Company. For many people, this makes the gambling platform more attractive since the virtual currencies in use are tied to physical assets and are therefore inherently more stable.

The historical decision to allow crypto users to bet using gold is, without a doubt, a very unique milestone for the evolution of the crypto sector especially with regards to the tokenization of physical assets. This simply means that gold has been made divisible, tradeable, and much easier to exchange on the online space thanks to smart contracts and blockchain technology.

According to a spokesperson from Cloudbet, this decision is definitely customer-centered in as much as it is also going to benefit the company significantly. The goal is to allow their users to “express their spending habits through the assets they choose to hold, rather than having to use currencies to which they hold no philosophical or economic attachments.”

The Stablecoin Revolution

PAXG is not the only stablecoin that Cloudbet customers have access to. The online gambling platform has already integrated USD Tether and USD Coin which are by far the most popular stablecoins on the planet at the moment. Clearly, Cloudbet is going all-in on when it comes to these rather special virtual currencies.

The reason for this is pretty simple. As hinted earlier, while stablecoins also offer all the best traits of cryptocurrencies, they are most popular because they are tied to physical assets or fiat currency. This makes them a much safer bet for just about anyone. Newbies are more likely to trust these than opt for other forms of cryptocurrency that are infamously volatile.

All in all, since they are the fastest-growing types of digital currencies at the moment, it will not be too surprising to see Cloudbet and other iGaming operators integrate even newer stablecoins in the near future.