Blockchain technology is now to gambling what the internet or social media was to marketing a few years back. For sure it has been a game changer because of the fairness, transparency, and safety it brings. Take a look at this overview with the key contributions of this technology to the gambling industry! 1. Decentralized…
There’s no doubt cryptocurrencies offer uncountable benefits for gambling online. No wonder why the cryptosphere has revolutionized the industry. Take a look at the top Bitcoinx reasons for using crypto while gambling online. 1. Safety It’s no secret that cryptocurrencies rely on blockchain technology to operate. Because of this, transactions are safe and transparent. There’s…
Using cryptocurrencies when depositing or withdrawing money from online casinos is a very popular activity these days. It’s a no-brainer. It’s simple, fast, cheap, and safe. Follow these Bitcoinx steps for deposits & withdrawals with BTC. 1. Open a BTC wallet A BTC wallet is a place where your BTC cryptos are stored. There are…
Knowing how to select the Best Crypto Casino out there is imperative, especially with Crypto Casinos gaining that much traction. Tackle casino choice making with these simple-yet-effective top 7 tips. 1) Go for renowned and licensed casinos A quick search on the internet will let you know what the casino’s reputation is. Start by looking…
According to a report published in South Korean business publication The Bell, electronics giant Samsung has partnered with a Taiwan-based hardware manufacturer TSMC to produce a new line of ASICs for the cryptocurrency mining market. The report states that prototyping and development began last year, with mass production of the chips starting earlier this month.
Hardware wallets are one of the greatest deals in the cryptocurrency world, providing substantial security for a reasonable price. At least, that’s how it’s supposed to work. But a new eBay scam is turning those dreams of safe, secure crypto coins into a nightmare for some unwary users.
There’s no getting around the fact that Bitcoin Cash (BCH) — the controversial bitcoin hard fork promoted by equally controversial personalities Roger Ver and Jihan Wu — made a name for itself in 2017. Leaving aside the technical discussion around Bitcoin Cash, and its long-term viability as a rival to Bitcoin Core, the BCH fork…
According to a report published by Reuters, Israel’s central bank is giving serious consideration to a plan that would create a new, state-backed cryptocurrency for the country. The report includes few specifics about the proposed digital currency, and cites only a single, anonymous source within the Bank of Israel. Should the Bank of Israel approve…
Last week, a new fork of the bitcoin blockchain was brought to our attention here at BitcoinX.com. Under normal circumstances, we likely wouldn’t report on a relatively unknown hard fork like this — one of many to come, given the relative success of the Bitcoin Cash (BCH) fork — but in this case we really…
While it might not have the headline-grabbing appeal of bitcoin’s recent price surge, a new Ethereum-powered bank-to-bank data-checking platform may just be the start of a major innovation in blockchain technology. Swiss financial services giant UBS recently announced the project, known as Madrec (Massive Autonomous Distributed Reconciliation platform), which aims to streamline data verification processes…