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Betchain Exclusive CryptoClarified Bonus: 150% Deposit Bonus +200 Free Spins, Earn Up to 1 BTC Free

 BetChain Exclusive Cryptoclarified reader bonus: 150% deposit bonus match up to 1BTC on the first deposit + 200 Free Spins! 1st: 150% up to 1 BTC + 200 Free Spins Total: 2.5 BTC + 200 Free Spins No deposit: 20 Free Spins Total with High Roller bonus: 5.25 BTC ETH, LTC, DOGE and BCH bonuses available VIP PERKS ABOUT BETCHAIN BetChain was established in […]

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 BetChain

Exclusive Betchain Cryptoclarified reader bonus: 150% deposit bonus match up to 1BTC on the first deposit + 200 Free Spins!
Exclusive Betchain Cryptoclarified reader bonus150% deposit bonus match up to 1BTC on the first deposit + 200 Free Spins!

Exclusive Cryptoclarified reader bonus150% deposit bonus match up to 1BTC on the first deposit + 200 Free Spins!

  • 1st: 150% up to 1 BTC + 200 Free Spins
  • Total: 2.5 BTC + 200 Free Spins
  • No deposit: 20 Free Spins
  • Total with High Roller bonus: 5.25 BTC
  • ETH, LTC, DOGE and BCH bonuses available

VIP PERKS

ABOUT BETCHAIN

BetChain was established in 2013 when the Bitcoin casino industry was just starting to gain traction. At first glance, the Bitcoin casino seems like a very professional and trustworthy platform to play in – and that’s basically what the company offers: reliable, quality and secure gambling platform.

The Bitcoin casino is duly licensed under the Curacao eGaming agency. BetChain offers games that are developed by several gaming providers including SoftSwiss, BetSoft, Ezugi, NetEnt, Booming Games, iSoftbet, GameArt, NYX, Habanero, Pragmatic Play, Mr. Slotty, EGT, Belatra, BGaming, Endorphina, Microgaming and Amatic.

Like with any other casino platform, BetChain only accepts players that are at least 18 years of age. Players from all over the world are welcome to play at BetChain – that includes Americans who are often barred from playing at online casinos.

BITCOIN CASINO GAMES

BetChain offers a wide selection of games that are designed with high quality graphics. BetChain has various games to choose from which are categorized in 8 classifications: Cards, Casual, Lottery, Poker, Roulette, Slots, Table Games and Video Poker.

REGISTRATION IS FREE & TAKES LESS THAN A MINUTE TO COMPLETE

REGISTRATION IS FREE & TAKES LESS THAN A MINUTE TO COMPLETE It’s very easy to set up an account at BetChain
It’s very easy to set up an account at BetChain

It’s very easy to set up an account at BetChain and it would simply take about a minute or two to get started. Simply fill in the necessary information (email, password), confirm your email address and you should be done with registration process.

Once your account is confirmed you can then fund your account with Bitcoin.

BETCHAIN SUPPORTED CRYPTO CURRENCIES & FIAT CURRENCIES

BETCHAIN SUPPORTED CRYPTO CURRENCIES & FIAT CURRENCIES
BETCHAIN SUPPORTED CRYPTO CURRENCIES & FIAT CURRENCIES

When BetChain first started its operations in 2013, it was merely a Bitcoin-only online casino. But as the days go by, it started accepting other forms of fundings like, Litecoin, Ether, Dogecoin and Bitcoin Cash as well as digital payments and even fiat currencies like EUR, RUB, ZAR, CAD, AUD, SEK, NOK.

Aside from Bitcoin, BetChain also accepts Cubits, MasterCard, Visa, Maestro, iDEAL, Neteller, PugglePay, Skrill, PaySafeCard, Yandex money, Comepay, Mobile Commerce, Svyaznoy and Qiwi wallet.

To deposit funds to your BetChain account, simply click the “Add Currency” button on your account dashboard, choose between EUR or other fiat options and then select the payment method you wish to extract funds from.

You can fund your account with as much as you want as there are no miminum deposit requirement at the moment. You can withdraw your earnings back to your Bitcoin wallet without providing additional documents.

If you deposited using a fiat payment method, you will need to provide documents in order to be able to withdraw your earnings. All withdrawals are subject to a 24-hour review period before they are processed for release.

DOES BETCHAIN OFFER A NO DEPOSIT BONUS, WELCOME BONUS, HIGH ROLLER OR RELOAD BONUSES?

Deposit Bonuses:

  • CryptoClarified Exclusive 150% Welcome Bonus – 150% up to 1 BTC/200 EUR + 200 Free Spins
  • Highroller Bonus – 75% deposits up to 3.75 BTC/1,500
  • Second Deposit Bonus – 50% up to 0.5 BTC/500
  • Third Deposit Bonus – 75% up to 0.5 BTC/500

​​Weekly Bonuses:

  • Cashback Tuesday – 10% for deposits made on Monday (bonus up to 0.1 BTC/50)
  • Reload Wednesday – 25% on the 1st deposit of the day (bonus up to 0.25 BTC/25 + 25 Free Spins credited the next day)

BETCHAIN AFFILATE PROGRAM

You can also earn from BetChain’s affiliate program. Earn up to 50% in commission by simply referring players to the casino. Check out how to qualify for the affiliate bonus HERE.

OVERALL RATING: ⭐⭐⭐⭐⭐

5 Stars. Our #1 Bitcoin Casino for over 2 years in a row. Easy to deposit, play and withdraw winnings. Affiliate payments available monthly like clockwork. Classy operation. Our #1 Pick for Bitcoin Casinos.

Pros:

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  • more than 2900 games
  • Secure & Reliable
  • 24/7 Live Support
  • Generous bonus
  • VIP club
  • Support for 10 languages
  • Bitcoin + other major currencies

Cons:

  • Customer support could be better
  • No sportbook

JOIN NOW

Blockchain

Bitcoin Maintains $48k Amid Another Minimal Trading Volume Weekend (Market Watch)

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Bitcoin neared $49,000 for the first time in over a week but failed to breach it and has returned to around $48,000. Most alternative coins are slightly in red, except for Solana, which has jumped by 4% in a day to above $160.

Bitcoin Maintains $48K

After the volatile start of the week, in which bitcoin surged by $1,500 and dropped by $3,000 in minutes, the cryptocurrency enjoyed a steady price increase. In a matter of days, it bounced off the $43,300 low reached on Monday and added more than $5,000 until Friday.

After a brief retracement, the bulls stepped up once again yesterday and pushed the asset north. This time, BTC broke above $48,000 decisively and kept climbing to a daily high of around $48,900 (on Bitstamp).

As bitcoin was preparing to challenge the $49,000 price line, though, the situation changed, and the subsequent rejection drove it down to a daily low of $47,600.

Since then, BTC has recovered several hundred dollars and currently stands above $48,000. This comes even with the minimal trading volume during the weekend. Bitcoinity data shows that the trading volume in the past several weekends has been substantially lower than during the weekdays, and this time is no exception.

BTCUSD. Source: TradingView
BTCUSD. Source: TradingView

Solana Reclaims $160

Most alternative coins have mimicked their leader’s performance since yesterday, with many of them slightly in the red. Ethereum failed at $3,500, and a 1.5% retracement in a day has driven the second-largest crypto to about $3,450.

Cardano, Binance Coin, Ripple, Polkadot, Dogecoin, and Chainlink have also marked minor losses in a day. Avalanche (-5%) has lost the most after two consecutive days of painting price records. However, AVAX is still above $70.

Solana is the only coin with more impressive gains from the larger caps. A 3% daily increase has driven the token above $160.

Cryptocurrency Market Overview. Source: Quantify Crypto
Cryptocurrency Market Overview. Source: Quantify Crypto

The lower- and mid-cap altcoins are also untypically stable. Cosmos is the only double-digit daily gainer with an 11% surge. Moreover, ATOM is up by 40% in a week and is close to $40.

The cryptocurrency market cap has also remained relatively stable in a day at around $2.150 trillion.

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Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk. See Disclaimer for more information.

Cryptocurrency charts by TradingView.


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Source: https://cryptopotato.com/bitcoin-maintains-48k-despite-minimal-weekend-trading-volume-market-watch/

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Blockchain

$4.5 Billion Allocated to Expand the Hedera Hashgraph Ecosystem

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The Hedera Governing Council recently announced that it had allocated 10.7 billion HBAR, Hedera Hashgraph’s native token, to fund the development and expansion of the ecosystem.

The official announcement revealed that the amount worth approximately $4.5 billion at the current market price ($0.42) represents 20% of the token’s total supply.

Interestingly, the value of the 10.7 billion HBAR has more than doubled since the Governing Council approved the allocation at a July 14 meeting. The tokens were worth about $2 billion on that date.

DeFi, NFTs, CBDCs and iGaming on Hedera

The Hedera council said it had already designated half of the funds to its recently established independent HBAR Foundation. The autonomous organization would be responsible for the distribution of the remainder.

As per the announcement, the remaining half of the fund currently held in Hedera treasury accounts will be deployed to partnerships and other initiatives that will strengthen the ecosystem.


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The foundation will oversee the administration and development of the Hedera ecosystem by providing grants to developers, startups, and other organizations with the goal of expanding the network across products like DeFi, NFTs, CBDCs, and iGaming.

Hedera’s Governing Council also picked Shayne Higdon to lead the foundation. Higdon is a serial blockchain executive with significant experience in venture capital and private equity and has led 40+ M&A and corporate venture transactions in related fields.

Commenting on the development, Shayne Higdon noted that Hedera is the most widely used public ledger globally and the newly established HBAR Foundation will help foster adoption.

“Our mission is to fund a future where entrepreneurs form digitally-native economies and ecosystems, controlling their own assets, identities, data, marketplaces, and more. We are excited to engage with and support organizations and teams that share this vision,” he added.

Promoting a Decentralized Economy

Hedera’s Governing Council is a group of diverse organizations that currently consists of 23 members worldwide, including LG, Google, IBM, and Boeing. The council is responsible for governing the network, its funds, and operating nodes.

“In our mission to make the Hedera network the de facto standard for the decentralized economy, it is now time to empower additional organizations to speed up network adoption.

We are pleased that the Hedera Governing Council has made such a significant commitment to accelerate the decentralized growth and usage of the network,” said Mance Harmon, CEO of Hedera Hashgraph.”

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Source: https://cryptopotato.com/4-5-billion-allocated-to-expand-the-hedera-hashgraph-ecosystem/

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Crypto Fraudster Gets Seven Years in Prison for Stealing $90 Million in a Ponzi Scheme

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The 24-year-old Australian national – Stefan He Qin – will spend the next 90 months in federal prison for defrauding his customers out of $90 million. The courts also ordered him to forfeit nearly $55 million from the embezzled money.

The Road to Prison

According to a press release from the United States Department of Justice, Stefan Qin received a prison sentence for seven and a half years after stealing nearly $90 million from his clients.

The Australian was in charge of two cryptocurrency investment funds – Virgil Sigma and VQR as their headquarters were in New York. Both companies’ operational structure was to collect money from investors, which later to employ in arbitrage trading strategies. What’s more, they promoted themselves as “market-neutral,” meaning that the volatility of the digital market does not expose their clients to any risks.

Per the marketing reports, Virgil Sigma has had only one month where it did not register profits – March 2017. Qin was also in constant relation with his customers, often bragging about the success of his investment funds. He even reached the Wall Street Journal pages after Virgil Sigma had yielded an annual return of 500% in 2017.

However, it all sounded too good to be true, and “Qin’s investors soon discovered that his strategies weren’t much more than a disguised means for him to embezzle and make unauthorized investments with client funds.”


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The 24-year-old actually used the money for his own purposes, such as services, food, and renting a luxurious penthouse apartment in New York. Qin did not stop there – he also used a substantial portion of the investors’ capital to make allocations in other entities that are not related to cryptocurrencies at all.

The investigation revealed that he received a prison sentence of seven and a half years and the court also ordered his investment funds to cease operations. Apart from this jail time, Qin would have to restore almost $55 million of the stolen funds.

Even More Time Behind Bars

While the aforementioned court decision of more than seven years in federal prison might sound like a long time, it is not the largest ever given for crimes involving digital assets.

As CryptoPotato reported, the Swedish resident – Roger Nils-Jonas Karlsson – was sent to prison for 15 years after luring more than 3,500 people into a fraudulent Bitcoin investment scheme.

Assuring investors that their money (mainly in cryptocurrencies) was in safe hands, he used the funds entirely for his personal enrichment, acquiring a resort in Thailand, luxurious condos, and even a racehorse.

Karlsson’s prison sentence could have been longer, but he pleaded guilty to all charges against him. In addition, the US authorities ordered him to forfeit the Thai resort alongside other properties as part of the punishment. He also had to restore all the money he stole from his victims.

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Source: https://cryptopotato.com/crypto-fraudster-gets-seven-years-in-prison-for-stealing-90-million-in-a-ponzi-scheme/

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