Connect with us

Blockchain

YOLOdice

The post YOLOdice appeared first on Bitcoin Millionaire.

Published

on


Overview

YOLOdice is one of the most popular Bitcoin dice sites and is relatively new to the market. It is a very simplistic and easy to navigate site that appears extremely professional. They also have a faucet so for any players who are unsure you can always claim BTCs from here and play with that if you desire.

One of the biggest draw cards to YOLOdice is the 1% house edge. In addition to this the site is provably fair and doesn’t require proof of identity. The bankroll has been crowdfunded and from an investment point this site is a good option.

Yolodice game play

Gameplay

The YOLOdice interface is very easy to use and is a simple website. It is a straightforward game in the sense that you can choose the size of your bet and roll the dice. Check out the image for what you can expect to see as well as the how to play instructions.

They also have a chat option if you would like to chat to other players during play. You can also watch players betting and see their results.

Bonuses

YOLOdice offer a rakeback. After you level up your account you are then entitled to 30% of the site edge back to your balance. Players are eligible for this when they reach level 7 but once unlocked you can rakeback all bets wagered up to then.

How can you Level Up at YOLOdice?

  • Play- gain XP (experience points) simply by wagering BTC.
  • Invest — gain XP while your investments are being wagered by players.
  • Refer new players — you get XP when your referrals play.
  • Get followers — the more followers you have (and the higher level they are), the more XP you get!

Also, be sure to follow YOLOdice on Twitter as they tend to share promotions on this platform as well.

Invest Option

There is an investment option at YOLOdice and this is how it works:

– All investments have the option of leverage from 1x kelly and increasing (in whole numbers) to 10x kelly.

– Once you invest you will be instantly added to the bankroll and will enjoy profits and loses as players bet against you!

– You can withdraw from the bankroll anytime by clicking the divest option (and there are no fees).

I must say that YOLOdice will take 10% of any profits from investors. This is used to manage and keep the site running but it is actually the lowest amount compared with others.

Depositing and Withdrawing

Deposits and withdrawals are both quick with no proof of identity required. Transactions are confirmed very quickly (within 10-20seconds) this is also even if it is not included in any block.

How are withdrawals processed?

Withdrawals are either instant or batch. Instant withdrawals are processed immediately but in some cases the withdrawal will be marked as pending which can take anywhere from a few minutes to a few hours. This occurs if the withdrawal is too large and YOLOdice don’t have enough funds in the game hot wallet. Check out the FAQs section for more on this. I think it would only be a problem if you are trying to withdrawal large amounts.

The other option is a batch withdrawal which means they are sent in a single Bitcoin transaction. This means the fee is lower but sometimes it can take a few hours.

Source: https://bitcoin-millionaire.com/yolodice/

Blockchain

Indian Olympic Medal Winners to Get Free Bitcoin (BTC) and Ethereum (ETH)

Published

on

The cryptocurrency platform Bitbns intends to open a systematic investment plan (SIP) in digital assets for Indian athletes who win medals at the ongoing Tokyo Olympics. The exchange will reportedly grant around $2,700 in crypto for gold medal winners.

‘Faster, Higher, Stronger’ And Earn Crypto

The Economic Times reported that Indian athletes at the Olympic Games could receive cryptocurrencies as a gift if they manage to win a medal at the tournament in Tokyo.

The trading venue that will reportedly provide the offer is Bitbns. The first athletes that can get cryptocurrency exposure for free are the winners Mirabai Chanu and PV Sindhu. The former won a silver medal in 49 kg women’s weightlifting while the latter acquired bronze in the women’s singles badminton at the Tokyo Olympics.

Bitbns plans to roll out a SIP account and grant nearly $2,700 in digital assets for Olympic champions, $1,350 for silver medal winners, and $675 for bronze medalists. It will transfer the amount into their accounts, and after completing the Know Your Customer (KYC) norms, the athletes will have exposure to cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH).

The trading venue explained that it would structure the SIP for a 3-5 year period, and thus the medal winners will be able to generate profits in the long term through Bitbns. Gaurav Dahake – the Chief Executive Officer at the platform – noted:


ADVERTISEMENT

“Bitcoin and Ethereum have been the best-performing assets in the last decade, and have given exceptional returns and we aim to get our winners indulge in this rewarding journey.”

Indians Love Cryptocurrencies

According to a recent research, Indian residents increased their digital asset investments from $200 million in 2020 to $40 billion for the first six months of this year, indicating that their appetite for cryptocurrencies surged significantly.

What is even more impressive is that Indians, who are well-known gold admirers, started switching their investment strategies from the precious metal to virtual currencies. A local investor explained:

“I would rather put my money in crypto than gold. Crypto is more transparent than gold or assets and yields higher returns in a shorter period of time.”

The survey added that the number of people who trade cryptocurrencies in India is 15 million. It significantly surpasses a well-developed country such as the UK, for example, where 2.3 million individuals have entered the market. Sandeep Goenka – the co-founder of the platform ZebPay – revealed the reasons why the second-most populated country saw this massive increase:

“They find it easier to invest in crypto than gold because the process is so much simpler. You go online, you can buy crypto, you don’t have to verify it, unlike gold.”

SPECIAL OFFER (Sponsored)

Binance Futures 50 USDT FREE Voucher: Use this link to register & get 10% off fees and 50 USDT when trading 500 USDT (limited offer).

PrimeXBT Special Offer: Use this link to register & enter POTATO50 code to get 50% free bonus on any deposit up to 1 BTC.

You Might Also Like:


PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://cryptopotato.com/indian-olympic-medal-winners-to-get-free-bitcoin-btc-and-ethereum-eth/

Continue Reading

Blockchain

Coinbase halts Bitcoin SV trading after yet another 51% attack

Published

on

Bitcoin SV is in trouble once again after Coinbase announced that it will be halting BSV trading on the platform. This update came on the back of a string of attacks the network has been facing since late June. As per the announcement made by the exchange,

“Due to the 51% attack that has occurred on BSV today we are stopping all BSV trading.”

Bitcoin SV was the target of a massive 51% attack early on Tuesday, an attack which was called “the largest since launch” by Blockchair developer Nikita Zhavoronkov. He further claimed on Twitter that the reorganization was 100 blocks deep and wiped out 570k transactions.

The attack was first brought to the community’s notice by CoinMetrics’ Lucas Nuzzi. Arguing that “some serious hashing power” was unleashed on the network early on Tuesday, he revealed that up to three versions of the chain were being mined simultaneously across pools.

Coinmetrics later confirmed that the firm’s own blockchain security monitoring tool FARUM identified the attack.

The Bitcoin Association also confirmed the incident on Twitter, recommending node operators to mark the fraudulent chain as invalid. It’s worth noting, however, that at the time of writing, the Association had released yet another statement on the same.

It said,

“…. believes that this is the same attacker that previously initiated block re-organisation attacks against the BSV network on June 24 and July 1, 6 & 9, 2021.”

Coinbase’s action made waves in the community. However, such steps are perhaps routine for the network now. In the past, BSV has been dropped by top exchanges like Gemini and Binance. It also saw several exchanges block withdrawals and deposits for the asset as liquidity providers suspended access to the token’s liquidity. This was preceded by more attacks in the last week of June and the first week of July.

As far as Coinbase is concerned, the exchange is yet to reveal when it might restart trading services for Bitcoin SV. With many in the community at sixes and sevens, it’s unlikely it’s going to be anytime soon.

Where to Invest?

Subscribe to our newsletter

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://ambcrypto.com/coinbase-halts-bitcoin-sv-trading-after-yet-another-51-attack

Continue Reading

Blockchain

Looking To Pull An El Salvador, Spain Considers Bill To Allow Mortgage Payments In Crypto

Published

on

Looking To Pull An El Salvador, Spain Considers Bill To Allow Mortgage Payments In Crypto

Advertisement &  & 

Cryptocurrency and blockchain are becoming quite mainstream as of this year and it’s likely that just about any financial transaction will be able to be completed via the use of crypto in the next few years. Of course, there are bodies pushing against the integration given the lack of regulations and the fact that it could help finance illicit acts.

However, the crypto wave is continuing to grow despite all of the recent adversity. And, according to Spanish paper 20 Minutos, Spain could begin to allow persons to pay their mortgages with crypto pretty soon.

The publication reports that Spanish lawmakers are perusing a proposal that would see to the above. The Digital transformation Law, as it’s called, would make it so that crypto and blockchain become legitimized, while tax incentives are being considered for institutions keen on working under the artificial intelligence umbrella, which would include blockchain tech.

Spain’s incumbent People’s Party is intent on having the country’s banking infrastructure catch up to the times in terms of tech and will promote the use of digital currencies, as well as various other transformative technologies. The proposal suggests that the country’s whole mortgage system should undergo reform, in addition to having crypto payments possible.

El Salvador Took The Lead

This comes on the back of El Salvador’s move to accept bitcoin as legal tender. The Central American nation is very pro-crypto in such regard and it appears they have set the stage for other countries to naturalize digital assets, so to speak.

Advertisement &  & 

Where Spain is concerned, the current proposal advises that banks use blockchain as a means of operating the mortgage system while making use of smart contracts for insurance.

“Introduction into the mortgage system – it also proposes that banks use Blockchain technology to manage mortgages, insurance and speed up compensation – it proposes to extend it to insurance policies, with ‘smart contracts’ with conditions depending on the procedures to be followed, the verification processes and potential incidents.“

El Salvador making bitcoin legal tender was a huge move and we aren’t yet to see the full scope, although the country’s population stands at just 6.5 million so they aren’t expected to have that great of an impact on a worldwide scale. Spain is a different case, however.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.

Click here to access.

Source: https://zycrypto.com/looking-to-pull-an-el-salvador-spain-considers-bill-to-allow-mortgage-payments-in-crypto/

Continue Reading
Blockchain5 days ago

Bitcoin’s Back to $40K, Millions of Shorts Liquidated: The Weekly Crypto Recap

Blockchain5 days ago

$45B Asset Manager GoldenTree Has Reportedly Bought Bitcoin

Uncategorized4 days ago

Don’t Listen to the Experts Saying Bitcoin Price Can Drop to $15K or Reach $100K. Do This Instead.

Blockchain5 days ago

Binance Completes Polygon Mainnet Integration For Deposits and Withdrawals

Blockchain5 days ago

Mastercard Has to Be in the Cryptocurrency Space, Says CEO

Blockchain5 days ago

The Bullish and the Bearish Case For Bitcoin Following the Rally to $40K (On-Chain Analysis)

Blockchain5 days ago

Are Axie Infinity, ENJ, ALICE’s performances proof that ‘gaming summer’ is upon us

Blockchain5 days ago

New buyers beware: What Ethereum looks like ahead of the London hard fork

Blockchain4 days ago

MicroStrategy Secures A Whopping $1.4 Billion In Bitcoin Gains – Not Dumping Anytime Soon

Blockchain3 days ago

Ethereum: Are you wrong to expect ‘changes’ from London

Blockchain4 days ago

eToro Listed Shiba Inu (SHIB) While ShibaSwap TVL Drops Almost 80% in Two Weeks

Blockchain4 days ago

Ethereum: These will be the signs of ETH rallying to a new ATH

Uncategorized5 days ago

Commercial Paper Reserves Of Tether Under Heavy Regulatory Scrutiny

Blockchain4 days ago

German Institutional Funds Can Now Invest 20% of Portfolios in Crypto

Blockchain4 days ago

What you should know about Paraguay’s push to welcome Bitcoin miners

Featured4 days ago

Robinhood Stocks Closed First Week Of Trading Down By 7.5%

Blockchain5 days ago

The GBA Annual Achievement Awards

Blockchain5 days ago

MicroStrategy to Buy More Bitcoin Despite Q2 Impairment Loss

Uncategorized4 days ago

DeFi in style? Here’s how women can break into the game

Blockchain4 days ago

Six years on, this is how Ethereum is REALLY faring on these counts

Trending