Blockchain
Cloudbet Opens Dogecoin Casino And Adds Litecoin
Cloudbet has introduced Dogecoin and Litecoin on its site after the two coins drew the most votes in a recent survey of almost 10,000 customers about which new currencies to add.
“The people have spoken,” Cloudbet spokesperson Camilla Wright saaid. “We will only add currencies that our customers hold and use: That’s been the central part of our integration philosophy since we opened for business. More new coins are coming soon.”
First-time players seeking the most engaging experience in Dogecoin and Litecoin betting are eligible for a “much generous” welcome bonus of up to 10,000 Doge or 5 LTC.
Dogecoin was started purely as joke fodder, but its 13,000% surge this year has caused crypto and mainstream audiences alike to sit up and take notice. Its more than $80 billion market cap (as of May 5) far exceeds Ford Motor Co. and Twitter. This weekend the self-professed Dogefather, Tesla chief Elon Musk, pushes further into mainstream popular culture, when he hosts Saturday Night Live.
Litecoin meanwhile is up 150% this year. The coin, which is based on the bitcoin protocol, was designed with the aim of lower block confirmation times and fees than bitcoin.
The inclusion of Dogecoin and Litecoin on Cloudbet takes the number of cryptocurrencies supported by the operator to 12. The dozen coins collectively account for more than 80% of the total market capitalization of all cryptocurrencies.
Born in 2013 (the same year as Dogecoin), Cloudbet embraced blockchain technology to give players privacy and financial freedom like never before. Since then, the site has taken millions of bets, earning a reputation as the most trusted and secure name in the crypto-gaming space.
The operator continues to innovate, having just completed a banner year of new features and upgrades aimed at attracting a more diverse audience to what was once a bitcoin-only product. In 2020, Cloudbet launched a revamped website followed by a record six new cryptocurrencies, esports, politics betting, virtual sports, social bet sharing, and easy credit-card coin purchases.
Photo – https://mma.prnewswire.com/media/1504077/Cloudbet_Dogecoin_Litecoin.jpg
SOURCE Cloudbet
Blockchain
Ebang International Reports Financial Results for Fiscal Year 2023
Blockchain
FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers
A recent warning from the FBI regarding a crypto money transmitter seems to be aimed at the Samourai Wallet. This development highlights the increasing scrutiny and regulatory challenges faced by privacy-focused cryptocurrency wallets and services.
The FBI warning raises concerns about the use of certain cryptocurrency wallets that prioritize user privacy and anonymity, potentially enabling illicit activities such as money laundering and terrorist financing. While the warning does not explicitly name any specific wallet or service, the language used suggests that the Samourai Wallet may be the target of the advisory.
Samourai Wallet is known for its focus on privacy and security features, including coin mixing and stealth addresses, which aim to enhance user privacy and protect against surveillance and tracking. However, these features have drawn the attention of law enforcement agencies and regulators, who are increasingly concerned about their potential misuse by criminals.
The FBI warning underscores the challenges faced by privacy-focused cryptocurrency wallets in navigating regulatory compliance and law enforcement scrutiny. While these wallets aim to empower users with greater control over their financial privacy, they must also address regulatory requirements and law enforcement concerns to avoid legal and reputational risks.
As the cryptocurrency industry continues to evolve, privacy-focused wallets like Samourai Wallet will need to strike a balance between privacy and compliance, ensuring that they can provide robust privacy features while also addressing regulatory concerns and maintaining transparency with authorities. This delicate balance is essential to foster trust and confidence among users and regulators alike, ultimately enabling the continued growth and adoption of privacy-enhancing technologies in the cryptocurrency space.
Source: cointelegraph.com
The post FBI warning against crypto money transmitters ‘appears’ to be aimed at mixers appeared first on HIPTHER Alerts.
Blockchain
Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets
Pantera Capital is reportedly planning to raise $1 billion for a new fund that offers exposure to various crypto assets, as reported by Blockchain.News. This ambitious fundraising initiative underscores Pantera’s continued confidence in the potential of the cryptocurrency market and its commitment to providing investors with diversified investment opportunities in the digital asset space.
The new fund from Pantera Capital aims to capitalize on the growing demand for exposure to cryptocurrencies and blockchain-based assets among institutional and retail investors. By offering a comprehensive portfolio of crypto assets, the fund seeks to provide investors with access to a wide range of investment opportunities, spanning cryptocurrencies, tokens, and other digital assets.
Pantera’s decision to raise $1 billion for the new fund reflects its optimistic outlook on the long-term growth prospects of the cryptocurrency market. With increasing mainstream adoption and institutional interest in cryptocurrencies, Pantera sees significant potential for value creation and capital appreciation in the digital asset space.
As one of the leading blockchain-focused investment firms, Pantera Capital is well-positioned to attract capital from investors seeking exposure to the cryptocurrency market. The firm’s track record of successful investments and its experienced team of investment professionals are likely to bolster investor confidence and support for the new fund.
Pantera Capital’s plans to raise $1 billion for its new fund underscore its commitment to driving innovation and growth in the cryptocurrency market. As the fund attracts capital and deploys it into promising investment opportunities, it is poised to play a key role in shaping the future of the digital asset ecosystem.
Source: blockchain.news
The post Pantera Capital Plans to Raise $1 Billion for New Fund Offering Exposure to Crypto Assets appeared first on HIPTHER Alerts.
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