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Ripple price prediction- what is the XRP forecast

FTX UK ban expected, FCA iterates unlicensed status

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SUKU crypto: Everything You Should Know

Ripple's place in the crypto market

Wintermute victim of $160 million scam

BNB Chain introduces a new security system

Firepin Token: A comprehensive review

A simple AstroSwap guide for beginners

What are Blue Chip NFTs?

Ethereum the Merge: Price plunge & investor sentiment

NFT news: The Sandbox game wedding and much more

Akita Inu Coin Review

What is wETH, its protocol, use cases, and benefits?

Terraform Labs CEO and co-founder Do Kwon [has been arrested in Montenegro](/news/article/do-kwon-hiding-in-serbia). He oversaw the multi-billion dollar collapse of the TerraUSD-LUNA ecosystem and has been [charged with fraud](/news/article/terraform-labs-accused-of-fraud-by-sec) by US prosecutors.

## Do Kwon arrested: Series of events

In early 2023, Do Kwon and Terraform Labs [were accused of](/news/article/do-kwon-red-notice) "orchestrating a multi-billion dollar crypto asset securities fraud", with eight charges announced against him by US prosecutors.

He was arrested on 23 March in Montenegro, travelling under a false name and in possession of fake documents. South Korean authorities released a separate arrest warrant for him in September 2022. They were at the scene to confirm his identity through official fingerprint records.

## Do Kwon arrested: Why did the TerraUSD-LUNA ecosystem collapse?

The Terra ecosystem was created in 2018 by Terraform Labs and is largely known for its decentralised algorithmic stablecoin, TerraUSD (USD), and reserve asset cryptocurrency, Luna (LUNA). The (now defunct) algorithmic stablecoin system is simple to understand:

•	1 UST = $1 LUNA.

•	If UST<$1, burn UST and mint LUNA. Burning will raise UST's price.

•	If UST>$1, burn LUNA and mint UST. Minting will decrease UST's price.

What [made this system a Ponzi scheme](/news/article/terra-luna-collapse) was the unsustainable interest rate of nearly 20% offered upon staking UST on the Anchor Protocol.

## The system was built to fail.

Upon shifting from a fixed interest model to a dynamic one, UST began its downfall on 7 May, 2022, when a UST whale sold an enormous amount of the stablecoin.

To compensate for the de-pegging of UST, mass burning of the stablecoin began, leading to a surplus of LUNA on the open market. Both cryptocurrencies collapsed and more than $40B in UST-LUNA market value was wiped out. Even a $3.5B Bitcoin reserve fund failed to control the downslide of the value of both crypto tokens.

In a nutshell, the model was based on minting an endless supply of LUNA to maintain UST at $1 and keep investors happy with an unsustainable interest rate model.

It should be noted that Do Kwon and the algorithmic stablecoin system were called out by a renowned economist Frances Coppola well before all this unravelled. Do Kwon mocked her publicly.

![dokwon.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/dokwon_f0af2d76e8.png)
 
Source: [Twitter (@stablekwon)](https://twitter.com/stablekwon/status/1410491186196795398?s=20)

I hope that [Do Kwon’s arrest is one step](/news/article/do-kwon-terra) towards a safer and better crypto space for all.


do kwon beind bars in montenegro with red filter

Terraform Labs CEO Do Kwon Arrested

US regulators have accused eight well-known personalities, such as Lindsay Lohan and Jake Paul, of engaging in an illicit cryptocurrency scheme. The charges claim that these celebrities used their social media presence to enhance the value of two [crypto](/news/article/cryptocurrency-news-predictions) tokens without disclosing that they received payment for promoting them.

The US Securities and Exchange Commission (SEC) [officially announced](https://www.sec.gov/news/press-release/2023-59) the charges on Wednesday.
The SEC claims celebrities used social media to share their cryptocurrency promotional messages.

## Lindsay Lohan Charges

On February 11, 2021, Lindsay Lohan, who has more than 8 million Twitter followers, tweeted that she was already liking Justin Sun's cryptocurrencies, which included $TRX.

In the tweet, she praised the currencies' super-fast speed and lack of fees while commending Justin Sun. In March 2021, she [advertised](https://twitter.com/lindsaylohan/status/1377647992639954945?s=20) an auction for an [NFT](/news/article/nft-tax-uk-rules-explored) of one of her songs and tweeted about it on April 1, 2021, saying there were just over 9 hours left to bid.

SEC Chair Gary Gensler stated that the Lindsay Lohan charges and associated cases highlighted the significant risks investors are exposed to when crypto asset securities are marketed and sold without adequate disclosure.

## Other celebrities charged with illegally promoting crypto assets

Charges have been brought against several famous individuals, including musician Soulja Boy (real name DeAndre Cortez Way), aged 32; singer Austin Mahone, aged 26; porn actress Michele Mason (better known as Kendra Lust), aged 44; musician Ne-Yo (real name Shaffer Smith), aged 43; rapper Lil Yachty (real name Miles Parks McCollum), aged 25, and Senegalese-American singer Akon (real name Aliaune Thiam), aged 49.

According to the [SEC](/news/article/looming-coinbase-sec-probe-upsets-coin-price), they are accused of illegally promoting TRX and [BTT](/news/article/btt-crypto-price) crypto assets without disclosing their compensation.

Additionally, crypto investor and Grenada diplomat Justin Sun is accused of fraud for manipulating the trading activity of the two tokens to make it appear as if they were being actively traded. This practice is known as "wash trading".

Except for Mr. Cortez Way, Akon, and Mr. Mahone, all the celebrities, including Lindsay Lohan, have collectively paid over $400,000 to resolve the charges.


red image of crypto coins with celebrities Lindsey Lohan, Jake Paul, Ne-Yo and Akon standing in foreground

Lindsay Lohan Faces Charges from SEC 

If you have ever wondered, "where can i buy LOOM crypto?", this article will outline some of the exchange the Loom Network native token is available on, and explain how to buy it.

Loom Network, launched on 1 October, 2017, is a platform as a service built on [Ethereum](/news/article/ethereum-shanghai-upgrade) that enables developers to operate decentralised applications on a large scale. Its primary objective is to provide developers with smart contracts for greater computing power as needed or to maintain the same level of power while reducing costs for specific tasks, such as user onboarding trials or applications that don't require full blockchain security.

It facilitates the execution of Ethereum Solidity apps via side chains, providing specific consensus mechanisms and enhanced security. It streamlines the scaling process of decentralised apps on the Ethereum network, utilising DPoS side chains. LOOM token serves as a membership token, granting access to all apps, allowing for seamless transfer of digital assets and data between Ethereum and Loom DAppChains.

## Where can I buy Loom crypto?

The most popular trading platforms for Loom Network are [Huobi](/news/article/huobi-exchange-who-owns-it), VCC Exchange, Coinbase Pro, Upbit, Bilaxy, Bittrex, Bithumb, Binance, and HitBTC.

## Step-by-step guide on buying LOOM on Coinbase

Step 1:
To begin using [Coinbase](/news/article/coinbase-singapore-approval), complete the sign-up process by downloading the app or signing up on its website. It's important to have a valid ID and proof of address readily available, as these may be required for transactions. Remember that ID verification times may vary based on your location and could take longer than a few minutes.

Step 2:
To incorporate a payment method, click the payment method field and link a payment option. You can opt for a bank account, debit card, or initiate a wire transfer.

Step 3:
Initiate a transaction by selecting Buy & Sell on Coinbase.com or tapping the ( + ) Buy option on the Home tab of the Coinbase mobile app.

Step 4:
Choose Loom Network from the list of available assets. To find and select Loom Network on Coinbase.com, click the Buy panel. For Coinbase mobile app, type "Loom Network" into the search bar to find it. Once you see Loom Network in the search results, tap on it to access the purchase screen.

Step 5:
Specify the desired purchase amount. Use the number pad to indicate the amount you wish to spend in your local currency. The application will then convert it into an appropriate crypto amount. The arrow keys positioned to the right of your chosen money amount can be clicked to switch it to the corresponding token amount.

Step 6:
Complete the acquisition by tapping "Preview buy" when you're prepared. Examine the specifics of your purchase to ensure everything is in order, then validate your acquisition by clicking "Buy now". Following the completion of your order, you will be directed to the confirmation page, indicating that you have successfully purchased this cryptocurrency.

## Buying Loom Network crypto on Binance

After creating a free account on the Binance website or app, click on the "Buy Crypto" link on the website to view the available options in your country. Binance recommends purchasing a stablecoin like USDT or BUSD first for better coin compatibility and then using it to buy $LOOM.

You could pay using:

- Credit Card and Debit Card.

- Bank Deposit.

- Third-Party Payment.

You are given 60 seconds to confirm your order at the present price, or the order will be updated in accordance with the current market value. By clicking the Refresh button, you can check the revised amount of the order.

After purchasing your cryptocurrency, you can keep it in your personal crypto wallet or leave it in your Binance account. Additionally, you can trade it for other cryptocurrencies or earn passive income by staking it on Binance Earn. If you wish to trade it on a decentralised exchange, Trust Wallet could also be a great option as it supports a wide range of assets and blockchains.

## Choosing the right order type for buying Loom crypto

Market order: This type of order is executed immediately at the current market price of the coin or token. For instance, if LOOM is currently trading at $0.05, a market order will purchase LOOM tokens at approximately $0.05 per token.

Limit order: A limit order is a buy order that is executed at or below the price you specify. For example, if you set a limit order to buy 100 LOOM tokens with a limit price of $0.08, you will not pay more than $0.08 per token. If the broker is unable to fill the order at or below $0.08, the order will remain open indefinitely.

## What is the circulation of Loom Network digital token?

This digital token is utilised for Proof-of-Stake to secure Basechain. It can be staked by token holders to earn rewards. Additionally, developers can use the token to pay for DApp hosting on Loom Network without any transaction costs for users.

It operates on the Ethereum platform and follows the ERC-20 standard, serving as a means of payment for services on the network. It's important to note that LOOM isn't mined but acquired through user participation in DApps. The maximum quantity of tokens is limited to 1 billion.

## LOOM price predictions 

[CryptoGround](https://www.cryptoground.com/loom-network-price-prediction)'s price prediction for this token in 2022 was bearish. 

However, the site predicted that the token could rebound to $0.0607 in March 2023 and potentially rise to $0.0743 by August. The forecast also projected a token price of $0.1197 in 2024 and $0.3088 in 2025, with a potential value of $0.4789 by September 2027.

According to [PricePrediction's](https://priceprediction.net/en/price-prediction/loom-network) forecast, the token price could increase to $0.081 by 2023 and $0.12 by 2024. The site also predicted that the token may reach $0.17 by 2025, $0.24 by 2026, and $0.35 by 2027. By 2028, the estimated price was around $0.52, potentially rising to $0.75 by the decade's end. PricePrediction also forecasts that the price could hit $1.15 by 2030 and $1.73 by 2031.

[WalletInvestor's](https://walletinvestor.com/forecast/loom-network-prediction) prediction was more pessimistic, predicting that this project may face challenging times and that the token's value could decrease significantly to approximately $0.0692 by September 2023.

It's important to note that predicting the price of a token is challenging due to the highly volatile nature of cryptocurrency markets. Short-term and long-term predictions can be incorrect since market fluctuations can occur within hours. Therefore, it's important that you make your own judgments and not rely on any predictions before making any investments.


green image of loom crypto logo over abstract tech art

Where Can I Buy LOOM Crypto?

Recently, there has been an explosion of new cryptocurrencies and blockchains. It has caused the need for interoperability, as you have to send your tokens between different networks. One innovative decentralised platform which is solving this issue is [THORChain](https://thorchain.org/). 

The network offers a cross-chain infrastructure that allows you to swap tokens across multiple blockchains. It is designed to smooth out the peer-to-peer exchange of digital assets. Along with its interoperability, it maintains immutability and does not need wrapped tokens for swaps. 

Curious to know how the THORChain works? This article covers the blockchain’s unique features, the working mechanism, and crypto RUNE.  

## What is THORChain?

THORChain is one of the leading cross-chain architectures which offer a secure path for token exchange. It is an entirely decentralised platform that is compatible with eight popular chains. It can support swaps between [Bitcoin](/coins/btc), [Ethereum](/coins/eth), Avalanche, Binance Smart Chain, [Dogecoin](/coins/doge), Bitcoin Cash, [Litecoin](/coins/ltc), and Cosmos Hub. 

Leveraging its interoperability, you can swap the native tokens of its supported blockchains. It creates a frictionless experience and is used for various [DeFi](/news/article/what-is-a-defi-token) needs. 

In the beginning, THORChain was deployed on the [Cosmos network](/news/article/cosmos-crypto-explained). However, in April 2021, the network introduced an update that transformed it into an independent blockchain. Its mainnet provides an environment where non-compatible currencies can be exchanged without intermediaries. 

The blockchain also provides you with more liquidity. Because of this, its network poses a more secure option than the various centralised and decentralised exchanges.

In addition, you can also earn yields on the network. It has liquidity pools where you can deposit your assets and gain profits. The THORChain DEX brings you [crypto lending](/news/article/crypto-lending) services too. It also allows you to secure digital asset funding almost instantly. 

## How does the THORChain work?

THORChain is a cross-chain DEX protocol that works like an Automated Market Maker (AMM). Its mechanism involves Tendermint software, Threshold Signature Scheme (TSS), and the Cosmos SDK. 

It follows the Proof of Stake (PoS) consensus mechanism. It involves validators [staking](/news/article/what-is-staking-crypto) their RUNE tokens in the network to validate transactions and run the nodes. Among these, the operative nodes are also responsible for creating liquidity pools.
 
The blockchain works with the same principle as the Bancor DEX. It includes the pool liquidity ecosystem where users deposit their cryptocurrencies. The pool also includes the native token of the chain, which is RUNE. Then the protocol behind it uses algorithms to evaluate the value of the assets against RUNE.

The process facilitates the exchange of non-native tokens. So, for instance, when you swap Bitcoin for Ethereum, the protocol exchanges BTC with RUNE first. Then it moves on to swapping RUNE with Ethereum. 

This double-swapping process allows instant completion of transactions. Besides, it enables non-custodial exchanges to work freely with the THORChain protocol.

## What are the benefits of using THORChain?

One of the main goals behind the creation of THORChain is to offer deep liquidity to the users. It was built on the premise that centralisation removes economic safety from exchanges. That’s why there needs to be decentralised exchanges that offer more [economic security](/news/article/cryptocurrency-and-the-economy) because of locked assets. 

The liquidity of THOR, along with its cross-chain abilities, makes it an exceptional choice for users. It allows them to swap tokens back and forth between different blockchains. Moreover, it does not need intermediaries for swapping, keeping the system swift and secure. 

In addition to that, you can be part of different liquidity pools on the network. It allows you to earn yields on your funds and get crypto loans. 

Overall, the THORChain blockchain provides a single interactive interface from which you can securely access multiple assets. It not only offers interoperability but also has features like crypto lending, yields, etc.

## THORChain ecosystem
 
![thor1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/thor1_18f2cb48bf.png)

[Source](https://thorchain.org/ecosystem)

The network ecosystem involves a range of different decentralised applications (DApps). According to the THORChain website, there are a total of 41 projects offering various services to its users. These include both THOR’s own as well as third-party apps.

The list of DApps involves various self-custody wallets like Trust, Edge, and ThorWallet. It also introduces digital asset trading platforms like ShapeShift DAO, [THORSwap](/news/article/what-is-thorswap), and Rango Exchange. 

You can also get analytical insights on the platform with the projects like THORChain explorer, THORCharts, and Nansen Portfolio. Other categories include NFT, Launchpad, Support, Community, and more.

## THORChain crypto (RUNE)

RUNE token is the native crypto in the THOR network. It plays a crucial role in the cross-chain exchange of different tokens. It serves as a settlement asset and offers deep liquidity. The high liquidity RUNEs provide you with economic safety on the network. Due to its mechanism, you do not need wrapped tokens or several cryptocurrency pairs.

Crypto is also used as the governance token on the network. When you use crypto, you will gain governance rights for choosing your liquidity pool. The network also uses RUNE to provide incentives to the users. 

## RUNE tokenomics and price

The economics of the THORChain crypto is reasonably straightforward. According to [CoinMarketCap](https://coinmarketcap.com/currencies/thorchain/), the max supply of the tokens is 500,000,000, from which around 327,056,566 RUNEs are in circulation. The project's market cap is more than $500 million.

![thor2.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/thor2_21cbd803b0.png)
 
[Source](https://thorchain.org/)

It is designed to lock RUNE's $3 against each $1 of the non-native assets in the liquidity pool. The network's total value-locked (TVL) is $132,570,726.

As for the price of the coin, it directly depends on the usage of THORChain. Currently, one RUNE is priced at around $1.67, with a trading volume of $52,092,701 in the past 24 hours. 

## THORChain price prediction 2023, 2025, & 2030

According to the forecast from [DigitalCoinPrice](https://digitalcoinprice.com/forecast/thorchain), RUNE shows bearish long-term trends. Its data suggest that the coin will likely capitalise on its current price and maintain an average of $3.28 in 2023. In addition, the coin may hit the $6 mark in 2025. However, until 2030, its price will be around $17, even less than its current all-time high value. 

On the other hand, data from [PricePrediction.Net](https://priceprediction.net/en/price-prediction/thorchain) shows slightly bullish trends. It predicts that the THORChain crypto may reach the maximum of $2.95 in 2023, whereas it will likely average $2.62. Moreover, in 2025 its price may grow to $6.57, and it may average around $5.54. Meanwhile, till 2030, RUNE’s price may cross the $30 mark and will likely average $33.81.

## Closing thoughts 

THORChain network is a unique take on DEX. It follows the AMM model and is backed by high liquidity, providing enhanced security. It is an all-in-one platform where you can perform multi-currency exchanges frictionlessly. Besides, it gives you access to the most popular currencies like BTC, ETH, and DOGE. 

Meanwhile, the platform is still seeing growth. Many third-party applications are becoming a part of THORChain, which will help the RUNE crypto to grow as an investment.


Thorchain logo on blue image of lightening strike on mountain

THORchain Explained 

[Rocketpot](https://rocketpot.io/) is a licensed crypto casino that operates under the regulations of Curacao eGaming. It features a mobile and desktop-friendly platform for users to enjoy gambling activities.

The casino prioritizes the privacy and safety of its users. Players can use Bitcoin and other cryptocurrencies to play in the casino, ensuring safe and secure entertainment. Utilizing blockchain technology and Bitcoin, the casino provides advanced security methods and more opportunities for players to win jackpots and earn Bitcoin.

## Rocketpot - The online casino

Rocketpot casino is a leading provider of Bitcoin games, offering a vast selection of almost 3,000 slot games, more than 300 table games, and live casino games.

Players can win guaranteed prizes through a reward system as they explore the website and play more. On reaching level 500, players can even win more than 20 BTC and enjoy the best Bitcoin blackjack games, classic slots, and more.

With several slot games available, players can easily choose their favourites and start playing. The only main requirement for wagering is a cryptocurrency wallet followed by registration on the platform. 

The crypto casino offers several top-tier live dealer games, providing a unique and engaging gaming experience. With a commitment to dedicated customer support and accessible tools, RocketPot constantly updates its offerings to provide the best user experience. Players can even use different crypto coins to play their favourite games.

## User-friendly gaming experience 

Rocketpot casino provides a user-friendly interface, allowing players to enjoy a wide range of Bitcoin games. With a focus on responsible gambling, the casino offers games, such as jackpots, playable with various cryptocurrencies. Available on desktop, iOS, and Android devices, users can download the casino or play directly from their mobile browser, providing convenient access from any location.

The platform features a simple and easy-to-use UI, including two-factor authentication and multiple cryptocurrency options for in-game interactions and placing bets. With high-quality graphics, players can enhance their gameplay experience by accessing different functions and selecting fast-paced gaming options. Rocketpot casino is optimized for players seeking a seamless, enjoyable gaming experience.

## How to register with Rocketpot

Rocketpot casino offers a swift sign-up process for new users. Before registration, it's advisable to check the casino's wagering requirements and bonuses and be aware that the services may not be available in certain jurisdictions.

To sign up, visit the Rocketpot website and click the sign-up button. 

Customers can enjoy various games the casino offers after registering and depositing Bitcoins. The platform offers Bitcoin bonus rounds to players who deposit and play with Bitcoins through their accounts.

Compared to other crypto casinos, the registration process on Rocketpot is quick and doesn't require extensive verification procedures. It typically takes less than a minute to register and get started.

Users must provide basic personal information such as username and email address to complete the registration process. The e-casino ensures that every Bitcoin transaction is processed within 10 minutes so that users can start gambling without any delay.

## Payment method

Rocketpot offers a range of payment options to ensure inclusivity. As a cryptocurrency casino, it provides more extensive payment options for crypto users. However, fiat payment options are also available. The accepted cryptocurrencies are Bitcoin, Bitcoin Cash, Litecoin, [Ethereum](/news/article/ethereum-pow-price-prediction), Dogecoin, NEO, Tron, USD Coin, [Ripple](/news/article/sec-vs-ripple-news), Cardano, Binance Coin, and Tether USD.

For those without cryptocurrency, depositing on Rocketpot is simple. The third-party payment provider, UTORG, allows you to buy BTC, ETH, LTC, or TRON using USD. This fast and user-friendly process enables players to begin playing and potentially win quickly.

## Withdrawal method

The platform offers various withdrawal methods to its users. Players must click on the website's withdrawal tab to withdraw their cryptocurrency and select a coin. They should then enter their crypto wallet address and the desired withdrawal amount. A verification link is sent to the user, and upon clicking the link, the withdrawal is processed. Rocketpot applies a withdrawal fee deducted from the withdrawal amount. Players should ensure they check the withdrawal limits before initiating a withdrawal.

The processed withdrawal is sent to the user's wallet. The withdrawal fee for Bitcoin is 0.0006, with a minimum deposit fee of 0.001 BTC. Additionally, Rocketpot offers customers a daily 10% cashback reward for a certain period. For example, if a player loses $100, they will receive a return of 10% the following day.

## Casino game offerings

Rocketpot provides new users a demo mode to familiarize themselves with the various live games. Users can enjoy [Bitcoin](/news/article/bitcoin-bull-or-bubble-debate) slots and live dealer variants of table games, which offer a thrilling gaming experience with reduced wagering requirements. 

Below is the list of online casino games provided by Rocketpot:

### Slots

Players have access to a diverse array of slot machines. With more than 3,000 games available, 2,600 of them are dedicated to various types of slot games. The platform also offers crypto video slot machines, which can be conveniently accessed via the slot menu.

### Jackpot games 

The casino offers jackpot games that allow players to contribute a small portion of their wagers to a collective prize pool. Some popular jackpot games available include Mega Moolah Goddess, Cash Splash 5 Reel, and Major Millions. These games were developed by the renowned game developer MicroGaming and offer some of the biggest winning potential.

### Table games 

Rocketpot provides its users with an array of crypto table games, with separate tabs for roulette and blackjack games.

### Live casino

This platform offers a selection of high-quality live casino games powered by top software providers. It provides a wide range of games, with more than 700 options available through Evolution Gaming. Popular options include live blackjack, live roulette, live baccarat, and several live game shows, like Dream Catcher.

## Rocketpot Sports and esports betting 

### Sports betting

Sports enthusiasts can place their bets using Bitcoin or other preferred cryptocurrencies, which offers more advantages than other deposit methods in the casino. Transactions through these digital currencies are secure, fast, and safe, just like other top Bitcoin casinos, allowing users to deposit or withdraw funds within minutes. Users can head to the crypto sportsbook betting section to place a bet, deposit their preferred cryptocurrency with a few clicks, and start placing their wagers.

### Esports Bitcoin betting 

Rocketpot is a casino that allows users to place bets on its sportsbook if they excel in Rocket League, DOTA 2, FIFA, NBA 2K, or tennis. The casino also features esports Bitcoin betting, a wide variety of matches, and tournaments sure to pique users' interest.

### Bonuses and promotions

This online casino regularly introduces new promotions to keep long-term and new users engaged. Players can click on the bonus tab to learn about these offerings. For a limited time, the casino is providing a list of promotions, bonuses, and rewards that it currently offers. Below are the details of these limited-time offerings:

### BTC welcome bonus

This platform offers a BTC welcome bonus that doubles a user's first deposit. Additionally, players receive 10% cashback as bonus money and can earn other prizes upon starting their gameplay. The platform also provides instant withdrawals, allowing players to withdraw their winnings anytime.

### Super boosted monthly race

Each wager counts as one point on a leaderboard, with prizes paid out in Bitcoin. Additionally, users can receive 2,000 free spins.

Newcomers to Rocketpot can enjoy a range of bonuses, such as the Rocketpot casino gift card, welcome bonus, and deposit bonus. Adding an initial deposit can double their funds, allowing them to explore the various games offered on the platform. Additionally, players can benefit from 10% cash back on all their wagers.

Apart from these incentives, players can also receive a unique treasure chest with a guaranteed prize after clearing each level. In a nutshell, the platform offers an appealing gaming experience with numerous opportunities for users to win big.

### Affiliate program

Rocketpot offers an affiliate program enabling its users to invite their family and friends and earn up to 45% commission as an affiliate, making it the most lucrative compared to other cryptocurrency casinos. It supports 30 different types of cryptocurrency that offer minimal transaction fees and are user-friendly.

### Customer service

Customer service is a vital aspect of any casino, and Rocketpot casino prioritizes customer satisfaction by providing various contact options, including 24/7 live chat and email support. In addition, its mobile-friendly website ensures usability for a wider range of users, allowing them to enjoy the Rocketpot experience on almost any mobile device. The casino also offers language support for English, Spanish, Japanese, and German-speaking customers, with plans to add more options. The e-casino offers a hassle-free experience through live chat support, with friendly and informative representatives providing all the necessary answers.

## Is the platform safe?

Rocketpot is a legitimate online casino that provides an enjoyable gaming experience to its players. The casino has partnered with several well-known game providers in the iGaming industry, including Pragmatic Play, Evolution Gaming, Push Gaming, Microgaming, EvoPlay entertainment, and more. As of the writing time, there are zero complaints raised for the platform, adding to its credits of a legit e-casino. Its 2-factor authentication feature is ideal for keeping the user's information safe and secure. 

With more than 3,000 games available, players can use Bitcoin, Litecoin, Ethereum, Bitcoin Cash, or their preferred currency to bet and win. Therefore, Rocketpot is a top choice for anyone looking for a reliable and entertaining online casino.


Purple image of Rocketpot logo on purple background

Rocketpot Bitcoin Casino Review 

The CBUAE (Central Bank of the United Arab Emirates) has revealed its strategy for introducing the UAE CBDC. The CBUAE will likely launch its digital currency by mid-2024.

On March 23, the CBUAE released an [official statement](https://www.centralbank.ae/media/lpoilyue/cbuae-launches-the-central-bank-digital-currency-strategy-the-digital-dirham-en.pdf) regarding its strategy for the digital Dirham. The statement mentioned that the CBUAE has signed an arrangement with the [R3](https://r3.com/) and [G42 Cloud](https://www.g42cloud.com/) firms to launch its CBDC. 

## UAE CBDC: The three pillars of the first phase

The announcement further stated that the first stage for implementing the digital Dirham would likely be concluded in the next 12 to 15 months. The central bank has set three main pillars or goals for the first stage.

Firstly, the CBUAE is aiming for the soft launch of its pilot project, mBridge. It is a cross-border payment with several central banks and authorities. They include the Bank for International Settlements (BIS), the Bank of Thailand, the Hong Kong Monetary Authority, and the Digital Currency Institute of the People's Bank of China. 

The second goal of the CBDC's first stage is to collaborate with India for virtual currency bridges. India is among the UAE's top trading allies. The two countries will work on a bilateral virtual coin bridge to facilitate trade. Meanwhile, India itself is implementing its [digital Rupee](/news/article/reserve-bank-of-india-cbdc).

Lastly, the Proof of Concept work will also be implemented for the domestic Dirham. It is to facilitate the wholesale and retail uses of the currency.

## Financial infrastructure transformation

Introducing a digitized version of the Dirham is a key step toward financial infrastructure transformation in the country. The FIT program in the UAE is looking to catch up on the global trend of introducing CBDCs.

Many countries, including India, [Russia](/news/article/putins-blockchain-payment-system), [Iran](/news/article/iran-accepting-crypto-payments), the UK, and others, are working on their virtual fiat currencies. Therefore, the digital currency of the UAE can be a significant step toward a transformation in the country's financial system.


Yellow image of UAE flag in front of Dubai skyline

UAE CBDC to Complete First Phase by 2024 

Chainlink is a [decentralised network of oracles](/news/article/chainlink-news) that allows smart contracts to interact safely with real-world services and data beyond the realms of blockchain technology. But can LINK, its native currency, reach a value of $10,000?

![link1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/link1_9a7f58580e.png)
 
Put simply, Chainlink enables current, traditional, and modern economies to securely, efficiently, and transparently connect to the emerging blockchain space in social and business processes.
Can Chainlink reach $10,000 by 2030? Will LINK have a solid 2023?

## What is Chainlink?

The crypto and blockchain space is ever-growing. [Research suggests](https://www.grandviewresearch.com/industry-analysis/blockchain-technology-market) that the global blockchain technology market size will reach $1431.54B by 2030, at a CAGR of nearly 88% between 2023-2030. To put it into perspective, the industry was valued at $10.02B in 2022!
 
Currently, the largest chunk of the global blockchain technology market is dominated by financial services, with government, healthcare, media and entertainment, retail, transport and logistics, and travel commanding significant traction.

Chainlink has established itself as a key constituent of numerous blockchain applications. The Web3 services platform is poised to grow further as more players enter the industry. What is Chainlink exactly, and why should you know about it? Here is what makes the blockchain platform stand out.

## What makes Chainlink stand out?

As blockchain enthusiasts, we all know the primary purpose of blockchain technology is to eliminate the middleman through decentralised architecture and enjoy the benefits of reliable and secure data computation and storage systems.

Blockchain technology, however, is much more than the simple moving and recording of funds on a decentralised ledger.

Some high-level programmable blockchains allow for the execution of commands that are more expressive in nature through applications built on the chain that execute actions based on predefined, consequential events.

An example of such a command set is: if Pizza Delivery X is not delivered within 30 minutes, issue a Refund of Y to Customer Z.

These blockchain applications are called 'smart contracts' and have been the subject of major blockchain development since Ethereum (ETH) introduced them on an enormous scale in 2015.

Now, the problem is that much of the data required by [smart contracts to execute commands](/news/article/smart-contracts-blockchain) is not readily available on the blockchain. Blockchain technology does not allow for external data fetching either, as there is no ability built-in permitting smart contracts to connect with the external world.

Hence, real-world datasets such as enterprise systems, web data, Internet of Things (IoT) sensors, sports scores, and asset prices (and pizza delivery details!) are simply unavailable on decentralised ledgers. This deficiency severely impacts smart contract development.

However, there is a silver lining. This is where Chainlink comes into the picture (big time!). A software constituent called an 'oracle' can provide this data to the blockchain. The oracle mechanism, however, must possess the same reliability and security properties of the blockchain to avoid counterparty risk.

A single centralised oracle is a single point of failure - if the oracle fails to deliver accurate results or results at all, the entire smart contract is at risk.

Chainlink, with its decentralised oracle network, comes to the rescue. The Web3 services platform was built to allow smart contracts to automatically transfer data between blockchains and external systems securely and reliably.

A decentralised network of oracles gathers data from numerous sources, aggregates it, and delivers a validated, solitary data point to a smart contract, enabling the contract to execute a set of commands accurately. This eliminates the possibility of a single point of failure.

Furthermore, Chainlink provides several layers of security that extend the boundaries of decentralisation, thereby ensuring that users can trust the platform. [These features include](/news/article/chainlink-staking-to-boost-oracle-security):

•	Generalised architecture.

•	Data signing.

•	High-quality data.

•	Blockchain agnostic.

•	Service-level agreements.

•	Reputation systems.

•	Oracle and data privacy.

•	Advanced oracle computations.

You can think of a Chainlink oracle as a composable piece of architecture. In today’s blockchain sphere, interoperability is the need of the hour. Along with being blockchain agnostic, Chainlink oracles ensure a high level of composability. Here is what Stani Kulechov, CEO of Aave, had to say about the same:

“Part of composability is that you don’t have to build everything by yourself. Chainlink’s oracle is very good, and it’s part of this whole composability idea, it’s vital.”

High words of praise indeed. To put it into perspective, the company itself has outlined a massive [77 smart contract use cases](https://blog.chain.link/smart-contract-use-cases/) it enables, the primary ones being decentralised finance (DeFi), insurance, gaming, and traditional systems.

If it has not been made evident yet, technologies like Chainlink will play a massive role in shaping what the projected $1T+ global blockchain technology market is meant to be in years to come. 

That said, what role does LINK, the blockchain’s native cryptocurrency, have to play in the grand scheme of things?

## Can Chainlink reach $10,000 in 2023?

### LINK price prediction: basics of the cryptocurrency

LINK is an ERC-677 token (an extension of ERC-20), and it plays a crucial role in the ecosystem. The ecosystem is supported by many smart contract developers, security auditors, node operators, and data providers. Anyone can become a node operator on Chainlink.

LINK compensates these node operators for retrieving data from external data sources, converting it into a blockchain-readable format, off-chain data computation, and uptime guarantees. LINK first caught the public eye when it stormed to $52.7 in May 2021.

Of course, several keen investors had their eyes on the token long before that. According to [Coingecko data](https://www.coingecko.com/en/coins/chainlink), at the time of writing, the cryptocurrency's price is $8. The market cap of the crypto token is just over $3.93B, with a 24-hour trading volume of nearly $720M.

The crypto asset has a total supply of 1B tokens and a circulating supply of over 491M tokens. As mentioned, LINK reached an all-time high of 52.7 on 10 May, 2021, and an all-time low of $0.149 on 29 November, 2017. Let us see how the cryptocurrency has fared in the past 12 months.

![link.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/link_3a6a1a8187.png)
 
Source: [Coingecko](https://www.coingecko.com/en/coins/chainlink)

If we look at the above chart, 2022 was quite a rocky year for the digital asset (the same holds true for the entire industry!). After reaching the summit of $18.08 on 4 April, the cryptocurrency slumped to $6.58 on 13 May. That said, LINK has had a great start to 2023.

The crypto asset started the year at $5.57, and at the time of writing, it is at its highest yet (this year, of course), at $8.

## LINK price prediction 2023

It is near impossible to predict the price LINK could reach in 2023. That said, the signs are positive and the market is showing signs of recovery after a horrid end to 2022 [following the SBF saga](/news/article/sam-bankman-fried-bail-co-signers-revealed).

LINK has already crossed the $8 barrier. With the [Ethereum Shanghai Hard Fork](/news/article/ethereum-shanghai-upgrade) around the corner, we could see a push toward $10 very soon. Will LINK match its all-time high levels in 2023? Unlikely. But we may see LINK push towards $20, as it did in April 2022.

Anything is possible, and if macroeconomic conditions ease up and we head into a bull market (never say never), the sky's the limit. We advise you to trade wisely and follow market updates on a daily basis before making a long-term investment decision.

## Can Chainlink reach $10,000?

Okay, let us do the maths. At LINK's current supply of 491M tokens, for each token to be valued at $10,000 would mean that the cryptocurrency's market cap is a crazy $491B!
Impossible? No.

Likely? Probably not.

To put it into perspective, the world's most valuable crypto asset, Bitcoin (BTC), has a market cap of just over $460B at the time of writing. LINK is ranked 23rd on the list of crypto assets with the highest market cap.

LINK is more likely to hit the three-digit mark in the future than the five or even four-digit mark. Historically speaking, LINK seems to be a sound investment, as it does not abide by usual altcoin movements, meaning it is relatively less volatile than other cryptocurrencies. That said, DYOR at all times, and hope for the best.


Can Chainlink Reach $10,000?

If you need to know how to connect Uniswap and your Ledger device, read on.

Started by Hayden Adams, Uniswap works as a finance protocol on Ethereum for swapping or exchanging ERC-20 tokens.

[Uniswap](/news/article/obama-aide-uniswap) is great because it lets people trade tokens of their liking without needing a middleman. However, users have expressed concerns about the high gas fees that come with using Uniswap, along with the security of their tokens. This is where Uniswap Ledger connect comes into play. It is a tool that allows you to interact with the Uniswap Decentralised Exchange of DEX through your hardware ledger wallet.

## What is it?

Uniswap Ledger connect is a powerful tool in the form of a browser extension and a website/application that lets you interact with the Uniswap DEX using your hardware Ledger wallet. It works by using the Ledger Live app installed on your computer or mobile. You can sign in to the app and broadcast transactions securely. With this integration, you never have to worry about your private keys being exposed to the public, as there is an extra layer of security when you swap tokens on Uniswap.

## How does it work?

To use connect Uniswap and Ledger, you need to have a Ledger hardware wallet and the Ledger Live app installed on your computer or mobile device. Once you have these set up, you can connect your Ledger wallet by adding your Uniswap portfolio to the app and start trading.

When you initiate a transaction on Uniswap, it is sent to your Ledger wallet for confirmation. You will need to review and approve the transaction using your Ledger device, which confirms that you are the wallet owner and that the transaction is valid. Once you confirm the transaction, it is signed and broadcast to the blockchain, completing the trade.

## How to connect Uniswap with Ledger

To connect your Uniswap account with Ledger, follow the steps listed below.

•	First, you need to set up your [Ledger hardware wallet](/news/article/nanoledger-essential-for-2023) if you don't already have one. If you don't, buy one and follow the instructions provided by Ledger to set it up and make a new Ethereum account.

•	Install the Ledger Live app, which is available for both desktop and mobile. This is the app that you will use to manage your hardware Ledger wallet.

•	Now, go to the [Uniswap Ledger connect website](https://www.ledger.com/coin/wallet/uniswap) and connect your Ledger wallet to the platform. Next, you will follow the instructions given on the website and approve the integration using your Ledger device.

•	You can now start trading.

Lastly, to ensure secure trading, keep your Ledger firmware and app updated, double-check transaction details, monitor gas fees, and protect your device and recovery phrase.



blue image of uniswapand ledger logos on pile of cryptocurrency tokens

Uniswap Ledger Connect Guide

Ben Armstrong, a crypto Youtuber, is facing legal scrutiny following allegations that he sent threatening messages to the lawyers leading a class action lawsuit against promoters of the [collapsed crypto exchange FTX](/news/article/is-crypto-dead). Armstrong, also known as "[BitBoy Crypto](/news/article/bitboy-crypto)," is among several FTX influencers facing a [$1B class-action lawsuit](https://cointelegraph.com/news/ftx-influencers-face-1-billion-class-action-lawsuit-over-alleged-crypto-fraud-promotion) for alleged [crypto fraud](/news/article/guo-wengui-accused-of-crypto-fraud) promotion.

The suit alleges that the influencers failed to disclose that they were paid to endorse FTX accounts to their substantial online following, which includes the BitBoy Crypto YouTube channel with 1.45 million subscribers.

## BitBoy crypto faces legal scrutiny over alleged threats

According to court documents [filed](https://www.courtlistener.com/docket/67017199/5/garrison-v-paffrath/) on 20 March, the lawyers heading the class action suit claim that Armstrong has been harassing one of the plaintiffs since the lawsuit was filed last week. They accuse him of making "endless phone calls, Tweets, and emails" to the plaintiff and posting "insulting and threatening posts" about him on social media.

Furthermore, in the court filing, the lawyers accused Armstrong of making 21 calls within 45 minutes from an unknown number to the lawyers' office and leaving a voicemail containing a warning that "First Amendment protesters" would surround the lawyer's house "24/7 day and night".

In another voicemail, he claimed that the "home addresses" of the "lawyers" were being circulated on Reddit.

The filing alleges that he also sent profanity-laced emails to Adam Moskowitz - one of the attorneys in the FTX class action suit - and a message warning him that he was "choosing war with an anonymous community while you yourself are not".

It also claims that BitBoy posted a YouTube [video](https://www.youtube.com/watch?v=dp1F5lJUBf4) on 16 March directed at lawyers and individuals who bought the lawsuit against him and warned them that he was "coming at them with full force".

In another alleged message to Moskowitz, Armstrong reportedly warned him that "these people are dangerous" and that they could result in "you and your family shot".

The filing also included an email that Armstrong allegedly sent to Moskowitz in which he referred to him as a "b*tch" and an "unbelievably dumb mother f*cker”.

![Picture 1.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Picture_1_80ec6a5484.png)
  
## BitBoy Crypto's response to accusations

In a statement to Cointelegraph, BitBoy denied making calls, tweeting, or emailing the FTX class-action lawyers. Furthermore, in his video, he denied promoting [FTX](/news/article/ftx-funds-political-donations-to-be-recovered) and threatened Moskowitz with a countersuit.


red image of bitboy crypto youtuber holding his tweet about threatening lawyers

BitBoy Crypto Accused of Threatening Lawyers 

[Enter the Metaverse London](https://techcircus.io/en/events/enter-the-metaverse-london-2) was an event that aimed to introduce a new world of digital to its attendees.

The event featured thought leaders and inspirational designers leading the audience through a technological paradigm shift. The event took place on 28-29 November 2022 and explored exciting developments in VR, AR, and regulatory and legal movements. It delved into the future of e-commerce and gaming in the [Metaverse](/news/article/how-to-buy-land-in-metaverse-worlds) and decentralised commerce.

One of the event's primary focuses was gaming in the Metaverse. 

According to the presenters, wherever gaming goes, innovation follows. A lot of the original innovations in hardware and software were spurred by video games, and [Web3](/news/article/uquid-web3-integrates-with-polygon) is no different. When it is made entertaining and rewarding to engage with new technology, more users adopt it. The event discussed how blockchain empowered players and developers and some exciting models in the gaming world. The panel also discussed significant technological advancements in the gaming industry.

## Introduction to emerging technologies

The occasion introduced its attendees to the latest developments in emerging technologies. These technologies are rapidly gaining traction and are poised to be a major part of the future, like [Augmented Reality](/news/article/augmented-reality-tokens-explained) (AR) overlays digital elements in the real world, enhancing the users' experience. Extended Reality (XR) combines VR and AR, delivering a more immersive experience. The event also explored haptic feedback suits, which allow users to feel like they are in the game.

The Metaverse is an exciting development that aims to create a fully immersive virtual world. It is poised to be the next big thing in e-commerce, and the event delved into its future. It is a shared virtual space where users can interact together in a 3D world. It provides endless possibilities for businesses to engage with customers and deliver immersive experiences.

The occasion featured various presenters, including the Chief Medical Metaverse Officer of AIMEDIS, Professor Shafi Ahmed, Co-Founder of The Sandbox, Sebastien Borget, Director Of Business Development - EMEA of Niantic, Sarah Burslem, CEO of Singularity.net, Ben Goertzel, Sophia the AI, and Blockchain Product Marketing Manager of EX-SHOPIFY, Nicole Sandford. The occasion included various panels, including Web 3.0, the Metaverse, the Future of Gaming, and DeFi's Significance in Enabling Efficient Financial Transactions in the Metaverse.

## Conclusion

Enter the Metaverse London was an informative and exciting occasion that showcased the latest developments in emerging technologies. It left attendees with a deeper understanding of the possibilities and challenges of the digital world and the potential of emerging technologies to shape our future.


pink image of london and metaverse VR headset above

Enter the Metaverse London Explained 

MyLiquidityPartner is a rewards token that relies on liquidity pools. Liquidity providers contribute crypto assets like ETH/USDC/BTC to their liquidity pools to support trading. Here's our review.

A liquidity pool is a group of cryptocurrencies that gather fees from trading activities. These pools are created through smart contracts that secure and lock the tokens for decentralised exchanges (DEX) trading. [Decentralised finance](/news/article/instrumental-finance-defi) (DeFi) platforms commonly use automated market makers (AMMs) to facilitate trades, allowing digital assets to be traded automatically using liquidity pools instead of the traditional buyer-seller markets.

## How could liquidity partners earn? 

Partners can earn up to 2.5% each week based on the value of funds they contribute to the pool. The firm reduces the risk for its partners by allocating matched coins. The platform absorbs all the permanent risks associated with pool management, so the individual partner doesn't bear any risk. The Total Value Locked (TVL) is currently $350M and steadily increasing. The 24H trading volume is over $50+M and is trending upwards. This presents a chance to earn $400K in fees from a single pool.

In addition to receiving weekly 2.5% payouts, partners can opt to re-stake their commissions. Re-staking involves using the weekly payouts to buy more assets, thereby increasing the total asset count in the pool. The MyLiquidityPartner pool is designed for hyper compounding, with returns of 117% APR & 218% APY.

In addition to weekly payouts, partners receive an MLP Token, a loyalty reward token for existing pool partners. The MLP Token serves as an appreciation gesture for their participation in the program. It allows those who cannot afford to join the pool to participate and enjoy the platform's rewards while having access to immediate cash flow. Token holders can choose to donate their tokens to the Ruby Family Foundation. This fully transparent blockchain-based foundation allocates 100% of its funds towards global outreach programs for mothers and children. By making donations of reward tokens to the foundation, partners can directly support its mission efforts.

## Trading and fees on the Uniswap platform

Trades on the [Uniswap](/news/article/uniswap-exchange-nft-aggregator) platform are executed between USDC and ETH. Transaction fees are charged whenever these trades occur, and liquidity providers earn a percentage of these fees as passive asset growth proportional to their pool contribution. 

Liquidity Partners receive a weekly partnership fee, which begins at 0.75%, on their [Ethereum](/news/article/ethereum-pow-price-prediction) (ETH), Bitcoin (BTC), Shiba (SHIB), Ape Coin (APE), and USDC. Partners can choose between receiving weekly payouts or the "Hyper-Compounding" option.

For those who want to participate in a larger yield pool, MyLiquidityPartner also operates a BTC pool. It has a minimum deposit of 1 BTC. Before contributing, each partner must complete a full KYC approval, and there is no lock-in period.

## MyLiquidityPartner review: The pros

It is a fully decentralised platform that has been gaining popularity lately. With a surge in market price, a project white paper readily available, and an active community of 13.2K on Twitter, it is not surprising that many investors are flocking to invest in this platform. The contract on Ethereum ensures that the platform is secure and transparent, while being listed on [coinmarketcap.com](https://coinmarketcap.com/) provides credibility to the forum. Moreover, the website is easy to navigate, which is a plus for investors looking to get started with the platform.

## MyLiquidityPartner review: The cons

This cryptocurrency is still in the research and development stage. There are multiple issues with its synchronisations between ledgers, which is a cause of concern. Moreover, it must be listed on some exchanges, making it difficult for investors to buy and trade. One of the significant drawbacks shown in a MyLiquidityPartner review is the lack of a GitHub profile, which is essential for transparency and community involvement. 

Additionally, the absence of a Reddit account and Bitcointalk thread further hinders its popularity and reach. Furthermore, there are no traceable features on Tradingview, making it challenging to analyse the coin's performance.

Overall, this MyLiquidityPartner review shows it has a long way to go in establishing itself as a reliable and trustworthy cryptocurrency.


blue image of my liquidity partner logo on blue background image of US dollars and cryptocurrency coins

MyLiquidityPartner Review: Pros and Cons 

Bitsler is a gambling platform that offers casino, sports, and esports betting options. Established in November 2015, it is owned and operated by OYINE N.V. and registered in Curacao with license number 8048/JAZ. This multi-crypto casino platform aims to provide a simple and transparent online gambling experience.

It offers a wide selection of classic casino games from reputable providers such as Evolution, Big Time Gaming, Pragmatic Play, Playtech, and NetENT. In addition to its casino offerings, it has sports and esports betting options, allowing players to participate in various sports events worldwide.

The casino games available at Bitsler include live games, jackpot games, card and table games, and other provably fair games. This feature allows players to verify the fairness and randomness of the games. 

Bitsler is a [crypto-friendly](/news/article/crypto-friendly-banks-uk) platform that accepts payments in 20 different cryptocurrencies, including [Bitcoin](/news/article/bitcoin-fear-and-greed-index), Ethereum, Litecoin, Dogecoin, Bitcoin Cash, Stellar, and more.

## How to create a Bitsler account

Creating a Bitsler account is a straightforward process that can be completed quickly. To begin the process, players must visit the official website of [bitsler.com](https://www.bitsler.com/) and locate the green "register" tab in the top right corner of the landing page.

![bitsler.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/bitsler_3d8f87452c.png)
 
Upon clicking the "register" tab, players will be directed to a registration field that requires them to enter their email ID and date of birth. Alternatively, players can also register using their Google or Twitch accounts.

After entering the necessary information, players must click "Register" to proceed. A verification code is then sent to the provided email address. Players must enter the code to confirm their account.

The next step requires players to provide personal information, including their name, country of residence, gender, etc. While verification is not mandatory at Bitsler casino, the security team may require a full KYC process before customers can withdraw funds from their casino account.

## Payment methods

Bitsler is a casino that operates solely on cryptocurrencies, meaning it accepts deposits only in this form. There are no set minimum or maximum limits for depositing crypto coins, but gamers should take into account that there are minimum bets for each game and a minimum withdrawal amount.

Players may be eligible for instant deposit options depending on the cryptocurrency chosen. Usually, a deposit takes around 5 to 10 minutes to process, but this depends on the load on the blockchain.

The casino supports a range of cryptocurrencies for its users to make transactions. The list of supported cryptocurrencies includes Bitcoin (BTC), [Ethereum](/news/article/ethereum-shanghai-upgrade) (ETH), Litecoin (LTC), Bitcoin Cash (BCH), Bitcoin Cash SV (BSV), Ripple (XRP), Dogecoin (DOGE), Dash (DASH), ZCash (ZEC), Ethereum Classic (ETC), Neo (NEO), Bitcoin Gold (BTG), Stratis (STRAT), Komodo (KMD), Lisk (LSK), Digibyte (DGB), Quantum (QTUM), Waves (WAVES), Stellar (XLM), EOS (EOS), and TRON (TRX). This range of supported cryptocurrencies allows users to make transactions using the cryptocurrency they prefer.

## Customer service

Bitsler provides multiple ways for customers to access support. Customers can refer to the FAQ page for answers to common questions. Alternatively, they can utilize the live chat feature to speak with a live chat agent. Another option is to email support@bitsler.com, and the support team will aim to respond promptly. Lastly, customers can engage with the community chat by clicking on the blue chat box icon in the bottom right corner.

## Games 

Below is the wide range of games offered by Bitsler. 

### Slots

The platform provides a selection of more than 3,000 online slots that can be enjoyed with Bitcoin, Ethereum, and other cryptocurrencies accepted by the casino. The best crypto slots offer various giveaways and rewards from well-known game providers such as Pragmatic Play, Belatra, Mascot, Evolution Gaming, Evoplay Entertainment, and BGaming.

Players can easily sort the games alphabetically or in terms of popularity. Some of the favorite slots offered by Bitsler include Cara Y Cruz, Dream Catcher, Ice Mania, Money Train, Cash Patrol, Fruit Monaco, Mermaid's Baby, Elvis Frog In Vegas, Sweet Bonanza, Icy Fruits, Hot Sevens, and Big Bass Splash.

### Game shows

The casino offers 23 game shows provided by Playtech, Pragmatic, and Evolution. These shows feature various table games, including Lightning Roulette, Texas Casino Holdem, Deal Or No Deal, Lightning Dice, Quantum Roulette, and Live Spin A Win. Popular titles such as Crazy Time, Sweet Bonanza, Age Of The Gods, Dream Catcher, and Gonzo's Treasure Hunt are available. Many games feature live dealers on the screen, providing an authentic land-based casino experience.

### Table games

Bitsler, Playtech, and BGaming are the primary providers of 46 table games. These games include some of the most popular options such as Blackjack, Baccarat, Roulette, Video Poker, Jacks Or Better Poker, Three Card Poker, Buffalo Blitz, American Poker, Dice and Roll, Craps, Lightning Dice, Diamond Legend, Diamond Master, Joker Dice, Golden Joker Dice, 100 Spinning Dice, Keno, Darts, and several other crypto options.

### Provably fair games

Bitsler casino provides numerous provably fair games that utilize blockchain technology-based algorithms to ensure fairness, in contrast to the conventional RNG (random number generator) mechanism. Each game developed by Bitsler has its outcome verified for fairness. Some of the provably fair games offered by Bitsler include Keno, Twist, Plinko, Burn, Blast, Fruitsler, Roulette, Blackjack, Crypto Thugs, Flash Roulette, Baccarat, Hilo, Dice, Multicolour, and Dicey 7s. Playing these games allows players to avail themselves the daily promotions, win rewards, and instantly withdraw their winnings.

### Sports games

The Bitsler Sportsbook offers a platform for placing wagers on various sports events, ranging from soccer, beach volleyball, rugby, cricket, American football, athletics, Aussie rules, baseball, basketball, boxing, cycling, darts, e-soccer, Gaelic football, Gaelic hurling, golf, handball, ice hockey, MMA, rugby, tennis, and many more. It is possible to engage in sports betting at Bitsler in pre-match and in-play modes.

Each event has several betting options, competitive odds, visual representation, and statistics. Although live streaming is not currently available, it is expected to be introduced. The sportsbook section also offers a VIP Loyalty program, enabling users to rank up, earn chest rewards and rakeback, and be eligible to win prize pools of $35,000 per chest.

### Esports games 

Along with a wide range of sports betting options, the platform includes an impressive selection of esports promotions. The esports betting section offers a variety of popular games, such as Counter-Strike, Dota 2, Call Of Duty, League Of Legends, Starcraft II, Rainbow Six, Valourant, and Overwatch. In addition to these popular games, players can also enjoy placing bets on FIFA, NBA2K, Rocket League, and other games that are typically harder to find in esports betting markets.

One of the most impressive features of Bitsler casino is the ability to deposit Bitcoin and other cryptocurrencies, which allows for a seamless gaming experience in a crypto-friendly environment.

### Bonuses 

The casino provides its players with various bonuses and promotions. Players can find many types of bonuses, including casino promotions, sports promotions, and esports promotions. Additionally, the casino runs several contests and giveaways, enabling players to earn free money. 

### Registration bonus

New registrants are rewarded with a bonus amounting to 0.00000005 BTC upon sign-up. This may seem small, but it can be used to explore a range of provably fair games available on the platform.

### VIP program

Bitsler Casino has an excellent VIP program in which players can advance by wagering on various casino games. They can also win exciting chests and rakebacks with prizes worth $35,000. Players can gain XP by betting with any cryptocurrency of their choice on selected games and sports with odds greater than 1.4. different VIP levels, including bronze, silver, gold, platinum, and diamond, offering keys to open the chest. Rakeback percentages increase as players level up and can be claimed every two minutes.

### XP contests

Participants in the XP contest can earn XP and win promotion prizes by playing any eligible game with their preferred cryptocurrency. Depending on the contest, XP can be earned by placing a bet in specific currencies or games. The contest will determine the number of winners and the prize pool.

### Hourly Lottery

Bitsler Hourly Lottery promotion offers up to $100 lottery prizes for VIP players with Gold 5, Platinum, and Diamond VIP statuses. All they have to do is place a qualifying bet and submit the details of their bet to the Hourly Lottery. Players can only participate in eight of every 24 lotteries.

## Is the platform legit?

Bitsler casino is a popular online gambling platform that experts have extensively reviewed. One of the main concerns raised in such reviews is whether the website is legitimate. It is worth noting that Bitsler casino is a licensed and secure online casino that operates under the Curacao Government's jurisdiction. This makes it a legitimate platform to place bets and play casino games.

It is available in several countries worldwide, except for restricted regions such as the Netherlands, the US, Portugal, the UK, Sweden, Malta, and France. Apart from licensing, online [casino](/news/article/review-rollbit-exchange) operators employ various measures to ensure the platform is secure for their clients. For instance, Bitsler casino utilizes a standard two-factor authentication system to protect clients' data from unauthorized access. The 2-factor authentication feature can be activated from the account settings by manually putting a secret key or scanning the QR code.

The casino also uses advanced SSL encryption to safeguard clients' personal and financial information. This ensures that all data is encrypted and secure. Additionally, the platform promotes responsible gambling and uses provably fair games to ensure that game outcomes are random and fair.

Players who place bets and play games on Bitsler casino can rest assured that they will enjoy a seamless gambling experience. The website is secure and licensed and promotes responsible gambling, making it a trustworthy platform for online gambling.


bitsler casino logo on purple background image of hand holding globe

Bitsler Casino: Is the Gambling Legit?

If you're considering making money from your crypto holdings in 2023 and beyond, this guide discusses Raydium staking and shows you how to make money from it.  

There are different ways to make a fortune from the burgeoning cryptocurrency market. Most people have only heard about buying and HODLing crypto traditionally while waiting for prices to improve, but staking to earn passive income on idle cryptocurrencies in an ingenious method.

## What is Raydium?

[Raydium](https://raydium.io/) is a decentralized automated market maker (AMM) built on the Solana blockchain. It draws its liquidity from the Serum decentralized exchange (DEX). The platform facilitates trading digital currencies, like cryptos, via liquidity pools, which remain a significant feature in the Decentralized Finance (DeFi) circles.

Liquidity pools are made of individuals (liquidity providers) who lock their crypto in a smart contract to be used as trading pairs in markets for traders on the DEXs. An AMM protocol guarantees liquidity in a digital market, such as a cryptocurrency exchange. AMMs are designed to set asset sales and purchase prices automatically and are primarily used in predictive markets. 

As an AMM, Raydium plays two fundamental roles. Apart from providing access to Serum’s order book, its algorithm is based on CFAMM (constant function automated market maker), a continuous function whose architecture is anchored within Solana and Serum.

## What is RAY and how does it work?

RAY is the native token of the Raydium ecosystem. It was launched on 21 February, 2021, with an initial supply capped at 555 million tokens. The RAY development team apportioned and locked up 20% of the supply that couldn't be sold for three years. One-third of the total RAY token supply (188 million tokens) is available for mining, and it's estimated that block rewards will be halved every six months. In the same vein, 0.03% of transaction fees earned on the platform are reserved for Raydium staking rewards.   

## What can RAY tokens be used for?

Holders of the RAY token can generate interest, totaling up to 0.03% of the platform's total trading fees, via Raydium staking, besides getting some limited rights to intervene partially in the protocol's governance. RAY holders can also vote for proposals on amendments and issues submitted to the community. The size of a user's voting power is determined by the amount of RAY tokens they own. You can buy RAY from numerous leading cryptocurrency exchanges where it's listed or directly from the Raydium website.

## What is Raydium staking?

[Staking in crypto](/news/article/what-is-staking-crypto) is a process similar to the mining function. Participants are selected to add blocks and establish the validity of transactions for which they get rewarded in crypto. While the exact implementation may differ for different projects, participants lock in their tokens for a specified period to guarantee that they will act in good faith and not violate the rules.  
  
If you're a long-term crypto holder, Raydium staking can work for you by generating passive income instead of you letting your digital assets gather dust in your wallet.

Moreover, staking contributes to the security of the Raydium protocol, making it resistant to attacks as you strengthen its transaction processing ability. Staking Raydium in its farms of fusion pools also enables you to earn more RAY tokens. Currently, stakers can make an annual percentage return (APR) for staking RAY at [9.84%](https://raydium.io/staking).

## How to stake RAY 

Raydium staking is a straightforward process that takes three simple steps:

1.	Select your favorite crypto exchange.

2.	Buy RAY tokens or transfer your coins to your [crypto wallet](/news/article/cryptocurrency-hardware-wallet).

3.	Stake, and wait to start earning.

You can also stake directly on the Raydium website by clicking the STAKE tab and confirming the transaction.

Your RAY token rewards will grow depending on the current APR against the RAY vault. You can collect your accrued rewards at intervals. At this point, you withdraw your original staked amount plus the earned rewards.

## Is staking Raydium a good investment? 

Since the character of cryptocurrency experiences a wavelike motion, there's every chance that the price of RAY can appreciate and get to an all-time high as the crypto winter thaws. Should the price of Raydium increase, it could generate good returns, giving Raydium staking a good long-term earning potential.


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