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Bitcoin Increases as Square’s Cash Trades in NY Square Inc., a popular fintech payment company has received a license from the New York State Department of Financial Services to trade cryptocurrency in the state. The license is known as a Bitlicense and allows New York-based traders to trade Bitcoin directly on Cash App, the company’s official web and mobile payment app. https://squareup.com/ https://www.mintdice.com/blog/cryptocurrency-terms-what-are-they-talking-about…
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Tron Currency Now Acquires BitTorrent After a rocky process of negotiations--including a lawsuit--prominent blockchain entrepreneur and Tron platform founder Justin Sun has officially acquired the file-sharing service BitTorrent for as much as $140 million. Proponents of cryptocurrency are ecstatic with the news, seeing this as an essential step toward growing the blockchain industry. The exact motivation behind this acquisition is unclear for the time being, but theories…
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itBit Exchange Adds Other Cryptocurrencies itBit is a Singapore-based Bitcoin exchange that offers cryptocurrency trading services to users, including over-the-counter exchanges. itBit entered the cryptocurrency market as a direct competitor to Coinbase in November 2013 and is regulated like a commercial bank. https://www.itbit.com/ Through its CEO, Chad Cascarilla, the company raised up to $25 million and announced its new bank regulation soon after. itBit became the first…
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What the Future Holds: Watch Out! Acquires BitWall.co Watch Out!, Inc, the company behind the eponymous safety app, has acquired BitWall, a Bitcoin-focused startup which helps online publishers maximize profits in more efficient ways using Bitcoin. According to Michael Lucas, the CEO of Watch Out! in the acquisition announcement, “We are excited to convey BitWall into the Watch Out! ecosystem. Our mission is to offer a secure consumer-protection platform while delivering…
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Crypto Investors Own 15 Percent of NY Bank Deposits While most banks are still steering clear of Bitcoin, Metropolitan Commercial Bank seems to have embarked on the road less traveled. A commercial bank based in New York, Metropolitan recently shared the fact that cryptocurrency investors and clients make more than 15 percent of their deposit transactions. Metropolitan plans to keep moving in this direction by continuing its support for digital asset traders. According to…
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Amazon Joins the Blockchain Industry with Kaleido In what has been referred to as the age of blockchain, more innovative applications continue to emerge. New needs are arising, and large corporations have been jumping on the bandwagon for a chance to fulfill those needs. This is evident in the formation of the Enterprise Ethereum Alliance, made up of companies that have adopted Ethereum in one way or the other. Such companies include J.P.Morgan, Mastercard, and even…
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Nick Szabo: A Living Crypto Legend Nick Szabo is a computer scientist, legal professional and a living legend in both the cryptocurrency and cryptography worlds for several reasons. While he has other significant accomplishments, he is most popularly known for his creation of smart contracts and Bit Gold, a theoretical predecessor to Bitcoin core. https://www.mintdice.com/blog/bitcoin-101-a-beginners-guide He graduated from the University of Washington in 1989 as a computer…
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How Plinko Probabilities & Odds Are Determined If you aren't familiar with the game of Plinko, simply put, you first start with a triangle game board that has a bunch of pegs the whole way down. A piece is often dropped at the top center (though this can vary depending on your Plinko game being used) and then the piece works it's way to the bottom of the game board. An example of a Plinko online game board may look like this: https://priceisright.fandom.com/wiki/Plinko There…
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Stellar Consensus: A Decentralized Payment Protocol Stellar Lumen is a platform that aims to integrate decentralized ledger technology with the existing financial infrastructure by decentralizing the entire process. It is the seventh largest cryptocurrency with a market cap of more than $3 billion, and its digital asset is known as XLM or Lumens. The platform is also tied to the Stellar Development Foundation; a not-for-profit organization focused on fighting poverty and…
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Block.One Startup Dwarfs Other ICOs Many people have been getting into the EOS hype for the past number of months. Leading up to their June 1st date for the end of their token sales, many have been eagerly anticipating and registering their coins. Throughout the entire process, Block.One (the company behind EOS) has orchestrated one of the most successful ICOs ever. The EOS Initial Coin Offering lasted for months, but raised $4 billion, easily dwarfing the $1.7 raised…
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ZCash 101: The Ultimate Anonymous Privacy Coin? The further you delve into the cryptocurrency world, the more and more you will become concerned about the importance of privacy. And if you’re reading this article, it’s probably because you already have questions about the privacy and security of different coins available. This article discusses one of the arguably most secure coins currently on the market, a coin known as ZCash.…
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Bitcoin Gambling Slang Infographic Want to learn more about gambling slang? MintDice has you covered. With this beautiful infographic you can learn some of the introductory terms you may need to familiarize yourself with to become one with the rest of the crowd. https://mintdice.com/ Interested in gambling? With only 100% provably fair games and some of the lowest house edge casino games in the industry, why play anywhere else? Check out the Bitcoin slots game and other…
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Waves Platform for Custom Token Creation Waves is a new blockchain platform founded by Russian physicist, Alexander Ivanov, and was developed and operated by Waves Platform AG. The unique feature the Waves platform offers is that it allows users to create, distribute and trade their custom tokens in a transparent, auditable and decentralized form. Waves launched their Bitcoin gateway in March 2017, which allowed users to hold and exchange the cryptocurrency on it’s network.…
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The Worst & Best Odds In Casino Games: A Full Review As the old saying goes, "The House Always Wins". That's partially true, but by no means a guarantee. Many lucky players will hit a large jackpot or lottery win, or may even be one of the rare controlled gamblers whom take a nice score and know when to walk away. And when it comes to walking away up money, there's no greater strategic advantage to the player than playing games with the lowest house edge or the highest…
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Luxcore to Help Increase Corporate Privacy In today’s day and age, with the plethora of data breaches happening right and left, it seems like privacy and security are officially a thing of the past. Several blockchain solutions and applications have set out to solve the issues related to privacy and security over the internet, and one that’s emerging here in 2018 is LuxCoin, as part of the Luxcore blockchain project.…
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The 101 Guide to 0x / ZEROx Everyone who trades cryptocurrencies is probably familiar with crypto exchanges at this point. Much like having an account with E-Trade, depositing money on the exchange, and then buying shares and stock through the account, crypto traders jump through the same hoops when exchanging their crypto assets on the markets. https://www.mintdice.com/blog/a-guide-to-cryptocurrency-exchanges While many first-time crypto users and traders go through one of…
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Basic Kelly Criterion Formula: Optimize Your Bankroll Betting How Much To Bet As every seasoned gambler knows, winning comes hand in hand with losing. The objective, however, is always to win slightly more than you lose to come out ahead in the end. And while there are many ways to subjectively guess how one should go around bankroll betting optimization, none has really held up to the true genius of what is widely known as the Kelly Criterion.…
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StartEngine: Invest in ICOs via Equity Crowdfunding 2017 started the massive wave of cryptocurrency adoption across the globe and sparked a new trend of startups called Initial Coin Offerings (ICO). ICOs are a cryptocurrency comparison to a stock’s IPO. It’s the first chance that regular investors have to purchase a company’s cryptocurrency. Throughout 2017, cryptocurrency startups raised $5.6 billion through ICOs.…
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Labor Day 2020 and Price Of Bitcoin Labor Day 2020 has just passed and Bitcoin prices, which have held steady over the past few months are beginning to fluctuate. This is keeping both buyers and holders on their toes. So why the change? And what does it have to do with the American holiday Labor Day? https://www.coingecko.com/en/coins/bitcoin **This History of Labor Day** Many Americans who love and celebrate the holiday Labor Day actually have no idea why it was created or…
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IOTA's Dreams For a Simpler Crypto World As the Internet of Things (IoT) becomes more advanced, smart devices require quick and simple ways to make payments and transfer data between each other. This has been difficult to achieve with blockchain due to issues of scalability, complexity, and fees. IOTA, a decentralized distributed ledger system, emerged in 2015 as the brainchild of David Sonstebo, Dominik Schiener, Dr. Serguei Popov, and Sergey Ivancheglo. The system works as…
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Esports Cheating: Following Cheaters Over Starcraft's History As has been the case for over a decade now, Esports has been a booming industry, seeing huge growth in marketshare as gamers age and vote with their money by contributing to this relatively newly found sector. This has only been furthered by the fact that Coronavirus has propelled Esports as one of the most secure entertainment platforms in the middle of a pandemic. And as long as money can be found in various…
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Blockchain Education at U.S. Universities The amount of people who currently partake in cryptocurrency investment every day shows a rise in the blockchain revolution. It has been reported that trading tokens on platforms like Bitcoin and Ethereum add more than 100,000 users each day. Global funding of blockchain-based startups has also increased from $550 million in 2016 to over $1 billion in 2017.…
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What Are The Best (And Worst) Slot Machines To Play? Introduction to Slot Machine RTP When it comes to smart slot machine play, the first thing you'll hear touted is something known as “RTP” or the Return-To-Player metric. This number should be sacred to any slot machine player looking to maximize their chances at striking it rich with those ever elusive jackpots. RTP signifies the payback to players based on the amount of money they input, on average. As a player, you…
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Stablecoin: Why We Need It The cryptocurrency market is incredibly fast-paced, with coins often fluctuating in value several times a day. This is evident in the case of Bitcoin's price, which saw an increase from a little above $5,000 to a record high of $19,783.21 in December 2017. The tendency of the market to fluctuate frequently is what draws investors in. This is because market volatility is a sign that as much as there could be a decrease in the value of a token, there…
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Which Esports Games Deal With The Most Money? Direction Of Esports As is becoming more clear in the modern day era, especially in the midst of the coronavirus, the Esports and gaming industry has been growing by leaps and bounds. There's a larger player base, companies are dedicating more attention to these types of events and things are starting to become more mainstream. Even ESPN has been hosting gamers playing sporting events in lieu of actual games due to the…
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OPEN Platform: The Future of Blockchain Payments The cryptocurrency market saw an incredible boost in 2017, with Bitcoin reaching a value of more than $18,000. Subsequently, more people began to invest in various coins, hoping to cash out with huge profits. As investors delved deep into the digital currency market, general interest in blockchain-- the technology behind cryptocurrency-- also peaked. http://www.mintdice.com/blog/bitcoin-101-a-beginners-guide…
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Online European Roulette Wheel & Bitcoin Dice Comparison If you were searching for information about European Roulette Wheels, you've come to the right place. As you are probably aware, there are two major forms of roulette wheels, American and European. For all intents and purposes, the European wheel is strictly better than the American wheel. This is because the odds profile on the European wheel only has a single green zero '0' space whereby the American version has two…
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Cryptocurrency is Changing the Gaming Industry “Georges down.” It was video arcade slang in the early 1980s, the era of standup-cabinet games. If someone was playing the only Pac-Man machine in the room, you could reach past him as he worked the controls and set your quarter in a lower corner of the screen. Then everyone knew you had claimed the next game—you had Georges down. Or if a player planned to roll on Space Invaders for the next hour, they could line up their…
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Crypto Security: Meltdown & Spectre Attack Exploits With computational systems in the evolving information era, we run a constant cat and mouse game between security researchers attempting to create secure and robust systems against hackers, governments and other prying eyes. This is a nonstop ideological war that will persist for the foreseeable future in a game of incomplete information. On the privacy side of the equation, security/data researchers will argue that your…
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GIFTO: Customized Virtual Gifts for Content Creators A new type of ‘fan economy’ is emerging with the massive popularity of live streaming and virtual gifts for fans to reward their favorite performers. To put this in perspective, the most popular show in the United States is NCIS, which pulled in an average of 14.6 million viewers in 2017. On the other hand, the most popular YouTube performer had more than 60 million followers throughout the year.…
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Online Casinos Offering Real Money With No Deposit Online gaming is a new industry which has emerged in the past twenty years thanks to the invention of the internet. However, there is still a lot of uncertainty circulating when it comes to the internet and how it works and the viability of certain websites. Because of the often-surfacing question of legitimacy, it can be nerve wrecking to put your hard-earned money on a new website, which is why it’s often best to start out…
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How Blockchain is Penetrating the Art World Since its creation in 2008, blockchain has been applied in several industries including, but not limited to finance, education, agriculture and even real estate. Now, it is being implemented in the art industry where it has the potential to disrupt the way art has previously been created, sold, verified and bought. Blockchain technology consists of a decentralized peer network where records of various transactions are recorded.…
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CryptoSmarts 1: Best E-mail Services For Privacy CryptoSmarts 1 MintDice is proud to bring you a CryptoSmarts series, a 100% unbiased/non-affiliate paid article set that will focus on relatively simple ways you can boost your privacy, take power away from overbearing governments and corporations while also doing relative good for society all at the same time with minimal effort. Rest assured that anything suggested here is solely for your own benefit. https://mintdice.com/…