Blockchain

Greenspin Casino’s Loyalty Program is an Industry Leader

Greenspin Casino’s Loyalty Program is an Industry Leader Greenspin casino is a new online gambling platform… read more

The post Greenspin Casino’s Loyalty Program is an Industry Leader appeared first on BitcoinChaser.

Published

8 months ago

July 16, 2020

Republished by Plato

Greenspin Casino’s Loyalty Program is an Industry Leader

Greenspin casino is a new online gambling platform which launched at the start of 2020. It’s owned and operated by New Wave Entertainment and Direx N.V, and licensed by the government of Curacao. Amongst other things, this platform has a slew of generous bonuses and promotions that are sure to keep even the most avid online gambler ticking over nicely. Let’s take a look at why Greenspin casino’s loyalty program is an industry leader, and exactly what this platform has to offer.

About Greenspin Casino

Greenspin casino is definitely a fresh platform. Everything about it screams “2020”. From its stellar user interface and design to its commitment to social responsibility, Greenspin is clearly a platform for the contemporary gambler.

Greenspin casino has a range of some of the world’s top games, from the very best game providers. Some of the most popular titles come from legendary game providers like legendary game developers Bgaming, Big Time Gaming, Booming Games, Booongo Gaming, Evolution Gaming, Endorphina, iSoftBet, NetEnt, Playson, Push Gaming, Quickfire, Quickspin, Yggdrasil Gaming, Microgaming, 1x2Games, Lightning Box, 2 By 2 Gaming, Amatic Industries and Play’n GO.

The games on offer at Greenspin fall into a variety of different casino categories, including online slots, jackpot games, live casino games, and more. Greenspin’s table games cater to traditional casino players, with titles like Texas Hold’em Poker, and Roulette.

Live casino games have become increasingly popular, and they’re on offer at Greenspin too. You’ll play with a dealer, either via webcam or live chat, in a kind of virtual casino setting.

GreenSpin casino accepts both fiat currencies and cryptocurrencies. Deposit methods include Visa, MasterCard, Maestro, Skrill, Neteller, WebMoney, Alfa Click, iDebit, Rapid Transfer, QIWI, EcoPayz, MTC, Megafone, Yandex Money, Bitcoin, Bitcoin Cash, Dogecoin, Litecoin, Tether, Ethereum, Paysafecard.

The withdrawal methods are Visa, MasterCard, Skrill, Neteller, WebMoney, Neosurf, EcoPayz, QIWI, Rapid Transfer, Paysafecard, iDebit, instaDebit, Yandex Money, Bitcoin, Bitcoin Cash, Dogecoin, Litecoin, Ethereum, Tether, Bank Wire Transfer.

GreenSpin Casino’s Loyalty Program is an Industry Leader

Casino loyalty programs come in all shapes and sizes, and Greenspin’s packs a particular punch. All you need to do to take part in this loyalty program is sign up and start playing on the site.

GreenSpin’s loyalty program works on a points-basis. As you play on the various online slots on the platform, you accumulate more Comp Points (CP). To track this, the platform uses a point counter which encourages you as you accumulate them along the way.

For every 100 USD, 100 EUR, 7000 RUB, 1000 NOK, 150 AUD, 10000 JPY, 160 NZD, 150 CAD, 500 PLN, 0.015 BTC, 0.15 BCH, 0.25 ETH, 1.8 LTC, 40000 DOG, 100 USDT you get 1 CP.

You can only accumulate them by playing on slots, none of the other games on the platform count towards it.

The minimum number of Comp Points you may exchange is 50.

This loyalty program is revolutionary in that it puts the control back into the player’s hands. Greenspin casino truly is a platform for the modern casino player, and you can feel it in everything that platform has to offer.

What Bonuses Does GreenSpin Casino Offer?

Before playing at a casino, you’ll first want to find out what bonuses they have on offer. Luckily, the bonuses at Greenspin casino are incredibly generous. Not only is their loyalty program ingenious, but the promos and bonuses are seemingly endless.

When you sign up for Greenspin casino, you’ll receive a Welcome Package that has been divided into 3 different deposit bonuses. For their first three deposits, players can choose 1 of 3 options. Essentially, the bonuses are customizable and personalized – one more box ticked for Greenspin casino.

Each Monday, players can score 50 free spins on deposits of 25 EUR or more. They’ll need to activate this bonus with the promo code: GREEN MONDAY.

Every Friday, you can score a 100% cashback bonus on your deposits of the week – with a minimum deposit of 25 EUR necessary to win.

Score a 25% deposit bonus on 25 EUR
Score a 50% deposit bonus and 50 free spins on a deposit of 50 EUR
Score a 75% deposit bonus and 75 free spins with a deposit of 75 EUR
Score a 100% deposit bonus and 100 free spins with a deposit of 100 EUR or more

Overall Experience of Greenspin Casino’s Loyalty Program and Bonuses

Greenspin casino’s loyalty program is an industry leader, but this platform has so much more to offer too. An extensive range of games make this casino a top choice amongst players new and experienced alike, and the bonuses are truly generous in a way that you don’t often see anymore.

Online slots, table games, live casino games, jackpot games and more, make up the bulk of the experience at Greenspin casino, but it has to be noted that this platform also has a whole lot to offer in the ease of use department.

Greenspin casino has an excellent mobile platform, which makes it easily accessible to players anywhere, anytime. No download is required to use it on your mobile device, and it functions basically the same as the desktop version.

Greenspin casino is a cryptocurrency and fiat casino, which means that you’ll be able to pay in US dollars, Euros, Canadian Dollars, Japanese Yen, Rubles, New Zealand Dollars, Australian Dollars, and more. As far as cryptocurrencies go, you can play with Bitcoin, Dogecoin, Ethereum, Litecoin, Bitcoin Cash, and Tether.

GreenSpin casino’s commitment to social responsibility, stellar loyalty program, huge range of games, excellent mobile platform, and large range of available cryptocurrencies and fiat currencies, make this the ideal platform for the modern player.

If you’re looking for a new online casino to try out, Greenspin could be it for you. To find out more about exactly what Greenspin casino has to offer, or to sign up and start to benefit from the various bonuses and loyalty programs of Greenspin, you can click here.

Source: https://bitcoinchaser.com/greenspin-casino-loyalty-program/

Blockchain

Nym: The World’s First Generic Incentivized Mixnet Releases its Whitepaper

Published

2 mins ago

February 27, 2021

Republished by Plato

[PRESS RELEASE – Please Read Disclaimer]

In a time when mass surveillance and data harvesting are ever present and not a day goes by without news of companies selling user data for profit, Nym Technologies is building a next generation privacy network that can change the way people use the internet.

Chelsea Manning, a famous whistleblower and technologist, says “As methods for network traffic analysis have dramatically improved in the last decade, I have frequently called for research (most notably in 2016) into alternative methods to Tor that avoid exposing the data within the network to such analysis. Nym is one such viable alternative worthy of research, and developmental implementation.”

Nym was conceived in 2017 and was the first privacy project to receive funding from Binance Labs in 2018, followed by a $2.5M raise from other well known investors. Today, the actual design of Nym has been made public after extensive review by technologists like Chelsea Manning, academics like Carmela Troncoso, and venture capital firms like Polychain Capital.

Carmela Troncoso (EPFL) notes “I spent a long part of my career working on improving mix-based anonymous communications systems. It is thrilling to see how the Nym team, a unique combination of expert software engineers and privacy experts, have made mixnets a reality.”

The Nym network is a generic, decentralized, and incentivized infrastructure that provides privacy to a broad range of applications and services, including any blockchain. A core component of Nym is a mixnet that protects the metadata of the internet packets sent to it with privacy superior to both VPNs and Tor.

Metadata is “data about data”, and includes IP addresses of the users, geolocations, information about who talked to who, when, and how often. All of this metadata can be monetized or used without users knowledge. Now it can be protected by Nym.

Anyone can join the network by running a node and get rewarded in NYM tokens for providing privacy to the network. Nodes do useful work anonymizing packets for users and services.

NYM tokens can be transformed into anonymous credentials that allow users to privately prove their “right to use” of services in a decentralized and verifiable manner. This allows users to be private at the network level as well as the application layer. Cosmos and the European Commission are amongst the many who have been supporting the use of Nym’s anonymous credentials.

The 3rd-party applications and services that can integrate their systems to the Nym network to protect their users from malicious actors and preserve their privacy range from crypto apps (wallets or DeFi projects) to messaging applications, IoT devices, or literally any data transfers over the internet that can leak metadata.

Currently, Nym is running an incentivized testnet with a 1500 capped number of nodes on the Liquid network, but this limit will raise in the next major release due to the high demand of people who want to join the network and test its features out.

Throughout human history, privacy has been considered a great asset and a prerequisite for freedom. However as privacy was not built into the fabric of the internet, power is now in the hands of a few powerful players. Nym is setting off to change this and give power back to users so they can decide if and how they reveal their data. To know more about the technicalities, read the whitepaper or join the Nym Telegram channel to stay up to date.

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Source: https://cryptopotato.com/nym-the-worlds-first-generic-incentivized-mixnet-releases-its-whitepaper/

Blockchain

This bullish Bitcoin options strategy lets traders speculate on BTC price with less risk

Published

38 mins ago

February 27, 2021

Republished by Plato

Historical data shows that it is nearly impossible to consistently predict Bitcoin’s price action and many traders that attempt this end up losing money. Now that Bitcoin trades near $50,000, the ultimate goal for most traders is to hold on to their current holdings and incrementally add to them in a way that is not terribly risky.

Options strategies provide excellent opportunities for traders who have a fixed-range target for an asset. For example, using leveraged futures contracts might be a solution for a scenario where one expects a price increase of up to 28% over the next month. Of course, using a tight stop loss lessens the viability of the trade.

On the other hand, using multiple call (buy) options can create a strategy that allows gains that are four times higher than the potential loss. These can be used in both bullish and bearish circumstances, depending on the investors’ expectations.

The long butterfly strategy allows a trader to profit from the upside while limiting losses. It’s important to remember that options have a set expiry date; therefore, the price increase must happen during the defined period.

The Bitcoin (BTC) calendar options below are for the March 26 expiry, but this strategy can also be used on Ether (ETH) options or a different time frame. Although the costs will vary, its general efficiency should not be affected.

*Profit / Loss estimate. Source: Deribit Position Builder*

The suggested bullish strategy consists of buying 1 BTC worth $48,000 call options while simultaneously selling double that amount of $56,000 calls. To finalize the trade, one should buy 1 BTC worth of $64,000 call options.

While this call option gives the buyer the right to acquire an asset, the contract seller gets a (potential) negative exposure.

As the estimate above shows, if BTC is trading for $48,700, any outcome between $49,380 (up 1.5%) and $62,630 (up 28.6%) yields a net gain. For example, a 10% price increase to $53,570 results in a $4,000 net gain. Meanwhile, this strategy’s maximum loss is $1,350 if BTC trades below $48,000 or above $64,000 on March 26.

This allure of this butterfly strategy is the trader can secure a $4,050 gain, which is 3x larger than the maximum loss, if BTC trades from $53,550 to $58,460 expiry.

Overall it yields a much better risk-reward from leveraged futures trading considering the limited downside.

The multiple options strategy trade provides a better risk-reward for bullish traders seeking exposure to BTC’s price increase and the only upfront fee required is the $1,350 which reflects the maximum loss if the price is below $48,000 or above $64,000 at the expiry date.

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision.

Source: https://cointelegraph.com/news/this-bullish-bitcoin-options-strategy-lets-traders-speculate-on-btc-price-with-less-risk

Blockchain

Transaction batching protocol Furucombo suffers $14 million “evil contract” hack

Published

1 hour ago

February 27, 2021

Republished by Plato

The latest “evil contract” exploit has netted an attacker over $14 million in stolen funds.

Furucombo, a tool designed to help users “batch” transactions and interactions with multiple protocols at once, fell victim to the attack which centered on token approvals from users.

The attacker’s address currently has $14 million worth of various cryptocurrencies, but the attack appears to be larger as they have been transferring ETH to privacy mixer Tornado Cash in batches over the last hour.

This attack is conceptually similar to the $20 million “evil jar” attack that struck Pickle Finance last year, as well as the $37 million “evil spell” exploit that hit Alpha Finance earlier this month. In these “evil contract” exploits, an attacker creates a contract that fools a protocol into believing it belongs there, giving them access to protocol funds.

So what happened to Furuсombo

An attacker using a fake contract made Furuсombo think that Aave v2 has a new implementation.
Because of this, all interactions with ‘Aave v2’ allowed transfers approved tokens to an arbitrary address. pic.twitter.com/gQVxJqiAmL

— Igor Igamberdiev (@FrankResearcher) February 27, 2021

In this case, the attacker ‘tricked’ the Furucombo protocol into thinking that their contract was a new verison of Aave. From there, instead of draining funds from the protocol as in previous evil contract exploits, the attacker instead leveraged the ability to transfer the funds of every user who had given the protocol token permissions.

“Infinite permissions means you can wipe everyone who interacted with Furucombo,” said whitehat hacker and co-founder of DeFi Italy Emiliano Bonassi in a statement to Cointelegraph.

This type of exploit appears to be growing increasingly popular, now accounting for over $70 million in user funds lost in just a few months.

The team confirmed the attack in a Tweet, saying that they “believed” they’d mitigated the exploit but recommended revoking permissions “out of an abundance of caution:”

Today at 4:47 PM UTC the Furucombo proxy was compromised by an attacker. We have deauthorized the relevant components and believe the vulnerability to be patched but we recommend users remove approvals out of an abundance of caution.

— FURUCOMBO (@furucombo) February 27, 2021

Users can leverage tools like revoke.cash to do so.

The attack comes during a period of wider reflection in the DeFi world on security and the utility of auditing companies. In the last three months, three different auditing and code review services have emerged, each with a different incentive model designed to encourage more thorough and dynamic security practices.

Source: https://cointelegraph.com/news/transaction-batching-protocol-furucombo-suffers-14-million-evil-contract-hack