## Fantom Network and FTM coin explained 

[Fantom ](https://fantom.foundation/)is an open-source platform that allows developers to create decentralised applications (DApps). Its native currency is the [FTM](/news/article/fantom-gbp) coin. 

The network is highly scalable, decentralised, and permissionless, making it an ideal platform for building blockchain-based applications. 

Unlike blockchains, which are composed of blocks, Fantom is a DAG-based smart contract platform that uses vertices and edges to represent transactions. This results in faster transaction times, addressing previous blockchain platforms' shortcomings. 

The platform was founded by Dr. Ahn Byung Ik in 2018. Since then, the project has become one of the most popular blockchains for DeFi transactions. The native token of the network is the FTM coin, which can be used for governance activities, compensating validators, and network security. 

## What makes Fantom different? 

Traditional blockchain systems like [Bitcoin](/news/article/rocketpot-bitcoin-casino-review) prioritize security and decentralization over scalability, making transactions slower and scaling difficult. 

A Bitcoin transaction can take up to 15 minutes to complete. However, the Fantom team aims to address this issue by utilizing a leaderless Proof-of-Stake (PoS) protocol that ensures the network remains secure and decentralised. 

The transaction on the Fantom network takes only 1-2 seconds, making it much faster than Bitcoin, and the transaction costs are also lower. 

The Fantom Opera mainnet supports full smart contract functionality via Solidity and is compatible with Ethereum Virtual Machine (EVM). 

A unique feature of the Fantom network is that it is self-contained, meaning the congestion in one area of the network does not impact other areas. Therefore, every application has its personalised blockchain with specific tokens, governance rules, and tokenomics. This high level of scalability enables an infinite number of decentralised systems that interact with each other while functioning independently in their respective zones. 

## How Fantom solves the Blockchain Trilemma issue 

Fantom's solution to the "Blockchain Trilemma", which refers to the difficulty of achieving a balance between speed, security, and decentralisation, is a significant breakthrough. 

By using a permissionless protocol and an asynchronous Byzantine fault tolerance (aBFT) algorithm called Lachesis, Fantom can achieve all three goals simultaneously. 

Lachesis, the DAG-based aBFT algorithm that underpins Fantom, outperforms both the Classical and Nakamoto models. It is a more efficient, scalable, and secure alternative that allows developers to create peer-to-peer apps without building their networking layer. 

Lachesis is asynchronous, meaning participants can process commands at their own pace without needing a leader or any special function. It is also Byzantine fault-tolerant, meaning that it can achieve consensus in the presence of problematic nodes, including malicious activity. 

Additionally, Lachesis provides immediate usability, confirming transactions in just 1-2 seconds without waiting for block confirmations. 

To connect Lachesis to other nodes and ensure that the same commands are processed in the exact order, peer-to-peer networking and a DAG aBFT consensus algorithm are utilized. This results in fewer created consensus messages, translating to a faster time to finality and lower communication overhead than synchronous BFT. 

## FTM coin - The native token 

FTM coin is the native currency of the Fantom platform. It is an ERC20 token, which is standard for creating and issuing smart contracts on the blockchain. 

It maintains the network's security through a PoS system, and users can send and receive payments and participate in on-chain governance using FTM coin. 

The token can also serve as collateral in the upcoming DeFi ecosystem of Fantom. DeFi is an emerging financial technology that eliminates the central control of banks and institutions over financial products, money, and services. 

FTM tokens can be safely stored in the platform's official wallet, fWallet, which allows users to stake their tokens, send and receive payments, and access the DeFi ecosystem. 

## FTM coin use case 

Fantom network's primary token, FTM, can be used for paying network fees, deploying smart contracts, and transacting on the platform. 

## Payments 

The Fantom network has been designed to achieve speedy finality, allowing faster payment processing that typically takes just around a second. This is made possible by the network's high throughput and low costs, which make the FTM token an ideal option for exchanging money with minimal transaction fees, typically around $0.0000001. 

## Governance 

On-chain governance in Fantom's fully permissionless and leaderless decentralised ecosystem involves stakeholders proposing and voting on modifications and improvements through governance. As the governance token, FTM is necessary for participating in the decision-making process for all network-related matters. 

## Staking 

FTM can be used for staking purposes to secure the Fantom network. Users can earn rewards through additional FTM coins without needing specialised hardware or software for staking. This process can be easily completed using a computer or a mobile phone, making it accessible and straightforward for users. 

## Network fees 

FTM coin is utilized for paying network fees on the Fantom blockchain. These fees cover a variety of activities, including the deployment of Fantom smart contracts, the creation of new networks, and transaction fees. By charging these fees, the network can deter malicious users from targeting it with spam attacks or overwhelming the ledger with irrelevant data. While the fees on Fantom are relatively low, they are designed to be sufficiently expensive to dissuade attackers from entering the system. This helps ensure the security and integrity of the network for all users. 

## Network security 

The [FTM](/news/article/how-to-buy-ftm) token uses a PoS system to ensure the network's security. To participate, stakers need to lock their tokens, while validators are required to hold a minimum of 3,175,000 FTM. By providing their services, stakers and validators can receive fees and epoch rewards. 

## Fantom partnerships and collaborations 

The Fantom Foundation has announced numerous partnerships and collaborations, allowing companies to build private or permission-based blockchain networks on the Fantom platform through its plug-and-play feature. 

This feature offers businesses access to a wide network of users and DApps, global expansion opportunities, and continual development and upgrades. 

Additionally, the Enterprise Fantom program offers a set of guidelines and technical specifications to help accelerate the adoption of blockchain technology among enterprises. 

Recently, the company rolled out a significant upgrade called Go-opera, which has greatly improved network efficiencies and increased the speed of transactions. This contribution has been highly valuable to the blockchain industry. It has also received support from notable figures, such as Formula1 driver Pierre Gasly and entrepreneur Mark Cuban, further elevating its reputation. 

In the DeFi world, the company has partnered with Clover (CLV) Finance and Superfarm to further augment its growth in non-fungible tokens. 

## FTM coin price prediction 

Fantom has been proven a good investment for its investors up to now. Currently, the market cap of FTM is $1,173,568,896, and the circulating supply is 2,783,637,366. The coin's 24-hour trading volume is $115,699,254, and the current price of FTM is around $0.4224. 

As per [cryptonews](https://www.cryptonewsz.com/forecast/fantom-price-prediction/), the FTM coin will hit $0.70 by the end of 2023 if the token can withstand government policies and market fluctuations. 

For 2025, the coin is predicted to hit a mark of $1.51. [Fantom price prediction](/news/article/ftm-price-and-predictions) by 2030 says the coin's value is set to reach $4.59 in the best case. Considering the minimum and average cases, the coin may be around $3.19 and $3.89, respectively. 

FTM Coin and Fantom Network Explained

## Binemon NFT game: A Comprehensive guide 

The blockchain industry's Play-to-Earn (P2E) genre is experiencing a significant surge with the emergence of games such as [Axie Infinity](/news/article/axie-infinity-price-prediction), [The Sandbox](/news/article/buy-sandbox-land-simple-guide), [League of Kingdoms](/news/article/league-of-kingdoms-worth-playing), and other NFT-based games over the past few years. In recent times, Binemon, an idle RPG (role-playing game) developed on the Draken blockchain, has been seeking attention for its intuitive user experience, token rewards, and land-based structure. 

The P2E game incorporates several RPG elements, offering an immersive experience for crypto enthusiasts and casual gamers. 

This article provides a comprehensive guide for beginners on how to play Binemon's NFT game. 

## What is the Binemon NFT game? 

[Binemon ](https://binemon.io/)is a popular NFT game that allows players to collect animal-inspired NFTs, called Binemons, and battle against challenging opponents to earn glory. The game uses turn-based battle mechanics, requiring players to utilise sophisticated battle strategies rather than brute force to win. 

The game is built on the Draken blockchain and provides an in-house marketplace for players to trade their NFTs and earn revenue. It is also a P2E game, which implies that players can earn rewards for interacting with different game modes. Currently, the game offers two modes of play: Player-versus-Player (PVP) and Player-versus-Environment (PVE). 

The game utilises a unique tokenomics system featuring three currencies: Apple (Ambrosia), DRK (Draken), and BIN tokens. The AMB token, also known as the Defi 2.0 token, is for utility purposes, while the BIN token serves as the native token of the universe. 

BIN token holders can become stakeholders and participate in decision-making within the ecosystem through Decentralized Autonomous Organizations (DAOs), making it the governance token of Binemon. On the other hand, DRK is native to the Draken blockchain and is used to acquire various items within the ecosystem. 

The [NFT](/news/article/imaginary-ones-nft) video game is designed to be universally accessible and can be played on any supported browser device. Although there is no dedicated mobile application for iOS users, it can still be thoroughly enjoyed using an Android device. 

## Binemon gameplay 

To participate in a Binemon battle, players must acquire five Mons. These can be purchased from the marketplace or hatched from an egg. 

Each Binemon on the market is categorised based on its cast, stage, and class. The cost of a Binemon varies according to its rank, with the lowest-ranked Mons being the most affordable and S and SR (Super Rare) Mons being quite expensive. Higher-ranked Binemons have better statistics. Since the game emphasises the strength and endurance of the troops, having higher-ranked Mons can be advantageous. 

There are five different classes of Binemons, and players must choose their team accordingly to create the most potent combination. The races of the Mons also affect their ability in battle. The most potent Mons in the Binemon universe are those that are fused and contain the DNA of two races. 

Players can earn lucrative rewards daily by participating in the PVP and PVE modes while experiencing the game's innovative P2E mechanics. 

## Player-versus-Player 

After assembling a team in Binemon, players can engage in ranked battles, which allow them to earn experience points and rewards. 

In the PVP mode, players can engage in up to five battles before their troops are exhausted. When matched with an opponent, players can select their desired opponent, with less experienced players often selected to increase the chances of victory. 

During the battle, both teams use different attacking and defensive tactics, with each troop possessing unique abilities. Players can arrange their troop combinations before the battle, giving them ample time to create the best combination. Binemon features turn-based combat tactics, with each team getting a chance to attack their opponents. Once the battle begins, the gameplay is automated, and players cannot make any changes during the attack. 

Finally, players can choose to speed up the battle and save time. When one team eliminates all the troops of the other team, the battle ends, and the winning team earns rewards. With clever strategies and careful planning, players can outwit their opponents and emerge victorious in Binemon battles. 

## Player-versus-Environment 

Binemon's PVE mode offers a captivating story mode that keeps players entertained. The battle mechanics of PVE challenges are similar to those in PVP, and experienced players will find them simpler and less challenging. 

Initially, players face low-level opponents who are not very challenging. As they progress through the campaign, the battles become more intense and challenging. 

Completing challenges in PVE mode rewards players with experience and in-game currency, which can be used to trade NFTs from the native marketplace. The marketplace currently accepts Apple (AMB) and BIN tokens. 

## Bottom line 

Binemon offers multiple gameplay options, passive earnings, property building on the land, engaging tournaments, and a dedicated marketplace. The game provides an immersive experience for players to create a community, breed pets, build houses and castles, and trade valuable items. 

Although the hype around Binemon may have dropped at the moment, the game's quality of content and sustainable ecosystem indicate a potential revival soon. The developers have laid a roadmap for significant content changes that will play a vital role in the game's future. 

Currently, the developers are focusing on launching Arena, Guild, and Tournaments modes, which are expected to entice enthusiasts further. 

Despite some flaws, Binemon offers entertaining gameplay and a chance to earn a living. As such, it is reasonable to expect the game to dominate the blockchain NFT games market soon. 

Binemon NFT Game Explained

Mathew McDermott, who is Global Head of Digital Assets at Goldman Sachs, said that 2022, the tumultuous year in the cryptocurrency market, has led to a "[flight to quality](https://www.cnbc.com/2023/02/10/goldman-sachs-digital-asset-chief-lays-out-blockchain-strategy.html)" among investors in the crypto space. 

Speaking on CNBC's "Crypto World" in February, McDermott said that the Goldman Sachs crypto trading desk only trades cash-settled derivatives, options, and futures. 

The cryptocurrency market suffered significant losses in 2022, with Bitcoin plummeting by more than 60%. The collapse of FTX, a cryptocurrency exchange, and other crypto-related companies also raised concerns about the need for federal agencies to regulate the industry. 

However, the situation has since changed, with larger investors in the space becoming more selective about which entities they trade with. McDermott noted that many of these investors now seek to trade with regulated and well-capitalised firms. He added that this trend is a direct result of the market's tumultuous year in 2022. 

## Goldman Sachs crypto focus on tokenisation and reshaping financial markets 

McDermott shared the bank's focus areas in the cryptocurrency space in the interview with CNBC's "Crypto World." According to McDermott, the bank has three main areas of focus in crypto: tokenisation, reshaping financial markets, and the impact of digital money on markets. 

McDermott emphasised the bank's excitement in exploring [blockchain technology](/news/article/alternatives-to-blockchain-technology)'s impact on the financial system and its potential commercial applications. Despite being in the early stages of adoption, McDermott sees the broad range of financial institutions building their digital asset teams and strategies, which he finds "super exciting". 

Goldman Sachs has collaborated with two other banks, [Santander](/news/article/santander-uk-news) and Societe Generale, to launch a tokenisation platform that processed a $100 million Eurobond from the European Investment Bank. In the interview, McDermott said [the bank](/news/article/which-uk-banks-allow-cryptocurrency-purchases) plans to apply the technology across all geographies and expand its global reach. 

"We've done something [in Europe](/news/article/eu-crypto-regulation-save-energy), and as we continue to build out, we're very eager to do that more broadly across the globe." 

In November, CNBC reported that Goldman Sachs partnered with crypto data firm Coin Metrics and financial firm MSCI to create a new data service called Datonomy, which seeks to classify hundreds of coins and tokens so institutional investors can understand investment better in the new asset class. 

With the new data service created, users can analyse and research data, as well as benchmark performance, manage portfolios, and create investment products based on sectors such as decentralised finance, Metaverse, smart contract platforms, and value-transfer coins. 

The Goldman Sachs crypto chief sees Datonomy as a crucial feature for the market and believes it offers clients the tools to analyse better and invest in the space smartly. 

## Goldman Sachs' optimism about the future of digital assets 

Last year, the collapse of [FTX](/news/tag/ftx) had a ripple effect on other crypto companies, ultimately leading to more realistic valuations for traditional financial institutions interested in investing in the underlying technology of cryptocurrencies, according to remarks by Goldman Sachs executive McDermott. 

Despite the significant decline in valuations of many crypto-related firms, Goldman Sachs has remained focused on the blockchain infrastructure sector and has continued identifying promising opportunities in well-managed businesses. 

McDermott highlighted that the bank had made several investments in the digital asset space, primarily focusing on blockchain infrastructure, and has seen attractive valuations in this sector. 

Speaking about crypto investments, the digital asset chief said that Goldman Sachs currently has 11 crypto-related businesses in its portfolio, including renowned Coin Metrics, infrastructure firm Blockdaemon, and the most recent investment TRM Labs. 

The Goldman Sachs crypto space strategic focus highlights the growing recognition of the potential impact of blockchain technology on the financial industry. With the bank's collaborations and investments in the space, it appears to be taking an active role in shaping the future of finance. 

Goldman Sachs: Crypto and the Flight to Quality

[Unity engine games](https://unity.com/), developed by Unity Technologies, have existed since 2005. Unity provides more developers access to game development tools, which was a groundbreaking idea during that time. The engine has undergone significant changes and expansions throughout its extensive lifespan, constantly adapting to the latest practices and technologies. 

Even today, its primary focus remains on offering a comprehensive set of tools to the game development industry and ensuring that the engine is accessible to developers of all skill levels, including beginners. 

Unity Technologies has also broadened its reach to other sectors, emphasising real-time 3D development, making it one of the most powerful engines available. 

## Unity engine games features 

Following are the key features offered by the platform to its users. 

1.    2D & 3D graphics support 

The platform provides support for both 2D and 3D graphics. It allows users to choose their preferred art style for their projects, with each graphic type equipped with specialised tools. For instance, 2D graphics offer tools such as sprite sheet cutting, while 3D graphics provide users with the ability to create custom materials, customise lighting, build shaders with the shader graph, and use post-processing effects. 

Additionally, users can create 2D tilemaps or generate 3D terrain within the engine. Various script APIs are available for each graphic type to access different physics options suitable for their preferred style. 

2.    User-friendly architecture 

The Unity development platform provides a user-friendly architecture for creating games. Unity engine games are divided into scenes containing all the necessary game objects for a particular level, such as the background, player character, enemies, bullets, and more. 

Unity also allows for parent-child relationships between objects in the hierarchy, simplifying the process of adding multiple objects, such as outfits, guns, or colliders, to one parent-player character object. 

Additionally, it offers the Inspector tool, which grants quick access to all object properties, enabling developers to make on-the-fly changes without constantly delving into the code. 

3.    Scripting API 

Unity offers a scripting API that provides developers convenient access to frequently used game features and specific engine functionality, enabling them to avoid working without prior knowledge. The scripting API covers all the elements the Unity Inspector can control, such as UI elements, audio playback, position, rotation, and materials. For instance, while modifying the text colour of UI elements from the engine itself is possible, the scripting API also offers this capability through code. Additionally, ample documentation is available to assist developers in using the scripting API to their advantage. 

4.    Animation tools 

Unity provides a comprehensive suite of animation tools that can be used for 3D and 2D graphics. While importing animations from other software is possible, Unity allows you to animate your projects directly within the engine. This includes manipulating the position and rotation of an entire object and adjusting the bones in a 3D model. Even 2D images can be rigged with bones in Unity engine games. 

These features can be accessed through the scripting API, which gives you much control over your animations. 

Unity's Animator system allows you to create animation state machines with ease. This means that animations can be played based on player actions, such as jumping, and can transition smoothly between each other. The Animator is presented in a visual graph style, making it simple to understand how everything is connected. 

5.    Cross-platform build support 

The platform enables developers to export Unity engine games to a vast range of locations by downloading the relevant development kit. Platforms include Android, iOS, Windows, MacOS, Linux, PS4, and Xbox One. 

Moreover, the engine facilitates exporting HTML5 games for web deployment, provided that the performance meets the optimal standards. 

With Unity, [game](/news/article/luna-rush-gem-of-a-game) developers can minimise the number of modifications required for different platform builds, thus reducing the need to create multiple project versions for each platform. 

6.    AR and VR support 

The platform supports VR ([virtual reality](/news/article/metaverse-vr-project-guide)) and AR ([augmented reality](/news/article/augmented-reality-tokens-explained)) technologies. For VR, it provides a range of packages that support most VR headsets, which are continuously updated to keep pace with evolving technologies. Additionally, developers can use the engine to test their VR games. 

In the case of AR, the game engine offers various packages for ARCore and ARKit. Unity has also developed AR Foundation, which enables developers to create AR apps for Android and iOS without needing separate projects. 

Unity has also introduced the XR Interaction Toolkit to simplify developing VR and AR games. 

## Top 5 Unity engine games 

1.    Cuphead 

[Cuphead](https://www.cupheadgame.com/), a video game released in 2017, is categorised as a run-and-gun game and was developed by Studio MDHR. The game utilises the flexibility of the Unity graphics engine and is designed with an aesthetic inspired by the rubber hose style popular during the golden age of American animation. The game's challenging gameplay and retro feel have amassed a dedicated following of fans. Cuphead has achieved critical and commercial success, selling over six million copies in three years and receiving numerous awards. A Netflix animated series has also been produced, highlighting the game's strong appeal to audiences. 

2.    Ori and the Will of the Wisps 

This popular 2D Metroidvania game features the player controlling the character of Ori, a white guardian spirit. [The game](https://www.orithegame.com/) involves intricate puzzles that players solve by jumping, climbing, gliding, and swimming between different platforms. It has been highly acclaimed by critics and players, who praised its engaging gameplay, art direction, story, action sequences, musical score, and environmental design. This game is a sequel to Ori and the Blind Forest, one of the earliest AAA titles to be created on Unity and achieved significant success. 

3.    Among Us 

[Among Us](https://amongusplay.online/) is a social online multiplayer game developed by Innersloth, an American game studio, in 2018. The game is influenced by the party game Mafia and is built using Unity's multi-platform publishing capabilities, making it compatible with multiple devices and even supporting cross-platform play. The game gained immense popularity during the pandemic and provided players with an enjoyable social experience, regardless of whether they were physically together or apart. 

4.    Pokémon Go 

Mobile game [Pokémon Go](https://pokemongolive.com/?hl=en) was released in 2016. Niantic developed and published the game in collaboration with Nintendo and The Pokémon Company. It utilises GPS technology on mobile devices to enable players to locate, capture, train, and battle virtual creatures known as Pokémon. These creatures appear as if they are in the player's real-world location, creating an augmented reality experience. Pokémon Go quickly became popular among players of all ages and has been enjoyed by parents and children playing together. 

5.    Beat Saber 

This [virtual reality rhythm game](https://beatsaber.com/) was created and published by Czech game developer Beat Games. The game's environment is surrealistic and set in a neon atmosphere where players use a pair of contrasting-coloured sabers to slice through blocks representing musical beats. Beat Saber's early access release on Steam saw it quickly rise to the top, becoming the highest-rated game on the platform within a week. Today, it remains a popular form of entertainment and exercise for gamers. 

unity games logo in front of purple image of gaming controller

Top 5 Unity engine games 

Web3 games and Metaverse projects have taken the industry by storm. Some of the games driving the rise of blockchain gaming include Axie Infinity, Splinterlands, Alien Worlds, Crazy Defense Heroes, Sky Mavis, and The Sandbox. Not only have these games enabled players all over the world to make money, but they have also introduced innovative mechanics and partnerships. 

Similarly, Metaverse projects have piqued people's interest by introducing ingenious ways for users to interact with one another in 3D space.

As per a report released by the data acquisition and analysis company DappRadar, Web3-based games and Metaverse projects have [raised $748 million](https://beat.10ztalk.com/2022/09/12/web3-games-and-metaverse-projects-raised-748-million-in-august-report/) since August 1, 2022. 

Axie Infinity, one of the most popular games in the field, has surpassed $4 billion in all-time NFT sales, with approximately 36,000 new daily players joining in the last three months.

Despite the ongoing market downturn, blockchain-based games continue to garner attention. According to DappRadar, companies in that field and Metaverse projects have raised approximately $748 million since the beginning of August. This is a 135% increase over July but a 16% decrease from June's figures.

Gabriel Leydon, the founder of Machine Zone, made one of the largest investments of $200 million in Web3 games.

Temasek, a Singaporean investment firm, led the latest $100 million funding round for Animoca Brands to increase the company's exposure in the sector. 

Xterio, a cross-platform publisher and developer of high-quality mobile and web3 games secured a $40 million fundraising round. 

Last year, the gaming space raised around $4 billion. This figure has already been surpassed in 2022, with investments totalling around $7 billion. If current trends continue, the figure is expected to reach $10.2 billion by 2022.

## DappRadar July report

At the end of July this year, the firm determined that blockchain games and Metaverse projects appear to be faring much better than other industry segments during the crypto winter. 

According to the report, unique active wallets (UAWs) decreased by 7% in Q2 compared to the previous quarter. This meant that people were still interacting with blockchain decentralised applications at nearly the same rate as before the [Terra collapse](/news/article/terra-luna-collapse).


Web3 games and Metaverse projects raised $748M

[Hotbit](https://www.hotbit.io/) is a global cryptocurrency exchange launched in 2018 to offer users efficiency, stability, diversity, and high-level security. 

![hotbit crypto website homepage screenshot](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/Screenshot_2023_03_31_at_14_47_15_da19bc31d5.png)


The exchange is headquartered in Taipei and Shanghai, but it offers services to users worldwide. With more than 5 million registered users, the exchange is dedicated to building an ecosystem that benefits the crypto industry. 

Hotbit offers its users 24/7 real-time online audit services and a secure trading environment through its industry-leading security system and architecture. It has not received any reports of lost funds since its launch. 

The platform provides a range of features comparable to leading exchanges, such as purchasing crypto assets, trading digital currencies, accessing NFTs, and investing money to grow portfolios. Users can sign up on the platform from over 200 countries to enjoy full access to its cryptocurrency services. 

The exchange has also collaborated with several prominent industry partners in the [blockchain](/news/article/top-blockchain-projects-2023) technology sector, including Spark Pool, Mytoken, F2pool, HashQuark, and Slow Mist. These partnerships aim to provide traders and investors with a trading environment that is secure, stable, and equipped with advanced features. 

## How to get started with Hotbit exchange 

To register for Hotbit, users must visit the website and click the "register" option to begin the sign-up process. Once registered, users must verify their email by entering their email ID and following the confirmation link sent to their email. They will then need to copy the code provided, enter their password, agree to the terms and conditions, and click the "register" option to complete the process. 

The Hotbit login process is considered easy, secure, and straightforward. Users can access their account by clicking the "sign-in" button on the Hotbit website and providing their email ID and password. 

The Hotbit exchange platform does not require KYC verification to start trading. Also, it provides two-factor authentication to secure its users' data. 

Once logged in, users can add deposits to their accounts and proceed with trading. The platform offers a beginner-friendly interface with various features that traders can easily navigate upon logging in. In addition, it provides a mobile app for traders who want to trade on the go. 

Hotbit's charting interface is offered by [Tradingview](/news/article/tradingview-uk-101), which provides traders with intuitive, smooth, and clean charts. This allows traders to utilise advanced indicators and trading tools to make informed decisions, ultimately helping to maximise profits and minimise risk. 

## Hotbit exchange platform offerings 

Hotbit provides its users with the option of spot and futures trading, demo trading, and purchasing cryptocurrency using a card. Furthermore, the exchange offers ETFs and earn products on various cryptocurrencies, including USDT, [BTC](/news/article/bitcoin-liquidations-spark-price-spike), ETH, and other altcoins. 

One of the platform's features is the availability of ETF trading, which could benefit investors seeking to diversify their portfolios. Moreover, Hotbit's earn products allow users to earn interest on their cryptocurrency holdings. 

The exchange offers maximum leverage of up to 100X on perpetual contracts, which can attract traders seeking high leverage and risk. 

## Trading fees 

Hotbit provides spot trading fees for makers, ranging from 0.05% to 0.50%. However, the fee for takers is slightly higher, ranging from 0.2% to 0.65%. Additionally, the futures trading fee for makers and takers is the same as the spot trading fee, which is relatively higher than that of the competition. 

## Is the Hotbit exchange legit? 

Hotbit is a legit [cryptocurrency exchange](/news/article/best-crypto-exchange-uk-reddit) with a vast user base spanning various countries. It has gained recognition as one of the largest and most rapidly growing exchanges globally in terms of daily trading volume, as reported by Coinmarketcap. The platform features an internal review audit team that operates around the clock, providing real-time online audit services for user assets. 

Additionally, Hotbit has partnered with major audit teams in the cryptocurrency industry, such as Beosin and Slow Mist. Through these collaborations, Hotbit conducts extensive security checks and promptly notifies users of potential security risks before they can be exploited. 


Hotbit Exchange: How to Get Started

[Binance](/news/article/binance-linked-to-bitzlato) is a renowned cryptocurrency exchange that has gained popularity among crypto traders for its user-friendly experience and low fees. The exchange has expanded its offerings to include NFT, providing a platform for people to buy and sell a variety of NFTs, including art, gaming, sports, entertainment, and collectables. 

However, it's important to note that this trading platform is exclusively accessible to Binance account holders and unavailable to US residents. This is due to regulatory requirements. For US residents, the exchange has a separate platform called Binance.US, which currently does not facilitate NFT trading. 

## Binance NFT marketplace features 

The platform enables its users to trade NFTs through its app or web browser with lower fees than many other competitors in the market. It offers a diverse selection of NFTs, specifically emphasising gaming-related items. 

#### Blockchain 

The platform facilitates three distinct blockchains - Binance Smart Chain (BSC), Ethereum (ETH), and Polygon. Recently, it [announced ](https://www.binance.com/en/support/announcement/binance-nft-marketplace-now-supports-polygon-network-eac85f662fb94fe69742584b36cb75d8)its integration with the Polygon network and mentioned that only selected ERC-721 collections are currently available. 

Although Ethereum is widely recognised as the most prevalent NFT blockchain, its high gas fees have increased the popularity of alternatives like Binance Smart Chain. Overall, deposits and withdrawals of NFTs are feasible from either of the three crypto networks. 

#### Services 

Binance NFT marketplace provides users a platform to buy and sell digital tokens. The platform enables pre-approved artists to mint their NFTs, although this feature is not presently accessible to regular users. The users can participate in auctions, purchase mystery boxes or opt for fixed prices while trading on the marketplace. The marketplace also features premium auctions, including five masterpieces from the Hermitage museum and a range of exclusive moments from the Associated Press. 

#### Supported wallets 

When purchasing NFTs, buyers must consider a safe storage location for their digital assets, where wallets come into play. Binance supports several non-custodial wallets, including WalletConnect, [MetaMask](/news/article/how-to-withdraw-from-metamask), and Binance Chain Wallet. 

While some investors may choose to store their NFTs on the platform where they bought them, known as a custodial wallet, Binance claims that its custodial wallet is highly secure and backed by the Secure Asset Fund for Users (SAFU), an insurance fund created by the platform. 

#### Payment method 

To trade NFTs on this marketplace, users are required to have Binance Coin (BNB), Binance USD (BUSD), Ethereum (ETH), or MATIC. It is important to note that direct purchase of NFTs using cash is not yet possible; however, depositing fiat money and converting it to cryptocurrency is relatively straightforward. 

#### Fees 

Transaction fees can be incurred for trading, depositing, withdrawing, or purchasing NFTs on the platform. Various factors, such as the current market conditions and the network status, determine the fee amount. 

While depositing NFTs to the platform, the gas fees depend on the blockchain used by the user. For trading, the platforms charge flat 1% of transaction fees. 

The minting fee for each [NFT](/news/article/nft-farming-explained) produced on the Binance Smart Chain is 0.000001 BNB. The amount of minting fees may vary based on the current market value of BNB. 

The platform reimburses its original creators with a 1% royalty fee every time their created NFTs sell.  

## NFT range available on the platform 

Binance NFT marketplace is a platform that acknowledges the significance of creators in the developing NFT ecosystem and strives to enhance value for all types of creators. The platform has adopted a creator-first approach to achieve this, offering some of the industry's most competitive transaction fees. Notably, Binance NFT's curated "Premium Event" collections provide artists with a 90% share of the purchase proceeds, setting a new benchmark for NFT rewards. 

The marketplace offers various NFTs across categories: premium, art, sports, gaming, entertainment, collectables, and NFT for Good. Binance's NFT for Good collection aims to raise funds for charitable causes. 

As of the beginning of 2022, more than 1,000 artists were onboarded on the platform, and more than 2.5 million NFTs have been listed. Users can filter their searches based on category, file, sale, and currency. The price is displayed in the user's native currency, eliminating the need for converting BNB, ETH, or [MATIC](/news/article/polygon-announce-hard-fork) into other currencies. 

Binance strongly focuses on gaming NFTs and claims to be the largest gaming NFT platform. The platform provides an IGO for new gaming projects, allowing early access to buying land or in-game items. 

Additionally, the Binance NFT marketplace offers mystery boxes for sale, which could contain a common or super rare NFT. Since the contents of the mystery box are not revealed until opened, purchasing them involves a certain amount of risk. 

## Platform perks 

The Binance NFT marketplace offers its users a handful of trading perks using its platform.  

#### Low fees 

The [Binance NFT marketplace](https://www.binance.com/en/nft/home) applies a fixed 1% fee for every transaction, which is comparatively lower than many other leading NFT marketplaces. While users are required to bear the gas fees associated with the transactions, which can be substantial on the Ethereum blockchain, they can minimise these fees by selecting the Binance Smart Chain. New purchasers seeking cost-effective NFTs can obtain items for as little as $1; however, it's essential to note that many less expensive NFTs are game-related. 

#### Ease of use 

A significant benefit of linking to a prominent cryptocurrency exchange is that new NFT purchasers are relieved of the concern of selecting the correct cryptocurrency and transferring it to an external digital wallet. The Binance platform manages all aspects, including depositing traditional currency and converting it to cryptocurrency. Moreover, Binance offers a comprehensive collection of NFT educational resources, such as webinars, that facilitate the process. 

#### Big-name collaborations 

The platform has the advantage of being able to attract high-profile projects. The previous year, the company launched premium auctions in collaboration with esteemed institutions such as the Hermitage museum and the Associated Press. The Associated Press collection showcased noteworthy news events from the past century, such as the fall of the Berlin Wall and the first human spaceflight. 

In addition, Binance established partnerships with prominent fashion labels, including Vogue [Singapore](/news/article/circle-paxos-crypto-approval-singapore), Balmain Paris, and Jimmy Choo, as well as renowned figures in the music and entertainment industries. 

## Bottom line 

The Binance [NFT marketplace ](/news/article/largest-nft-marketplace-2023)has gained immense popularity by capitalising on the trend of non-fungible tokens. Since its launch in June 2021, it has established itself as a leading NFT marketplace in the industry, alongside Opensea and others. 

The marketplace operates on a dual-chain architecture, which increases liquidity and enables regional and established artists to expand their reach through Binance's extensive user base and network effect. Users can access the marketplace using their Binance wallet account and view Ethereum-based NFTs on the same network as Binance.com. 

binance nft logo in front of pink image of cryptocurrency assets

Binance NFT Marketplace Explained

Imaginary Ones (IO) is a collection of 8,888 unique NFT designs that feature delightful 3D animated art.

The creators of Imaginary Ones aim to inspire individuals to embrace their creativity and pursue their dreams by transporting them to a magical world where imagination and magic combine. Additionally, more than 6,000 IOs are staked, which can lead to various exciting rewards. The collection is built on the Ethereum blockchain, and the creator earns a 5% commission.

Created by award-winning creative director Clement (Cmttat), Imaginary Ones is a brand that caters to individuals of all age groups. The collection offers a range of high-quality [NFTs](https://opensea.io/collection/io-imaginary-ones/activity?search%5BeventTypes%5D%5B0%5D=COLLECTION_OFFER) that are not only visually appealing, but also offer long-term utility within the Imaginary World ecosystem.

Holders of Imaginary Ones [NFT](/news/article/twelvefold-nft-collection-from-yuga-labs) can look forward to more exciting high-quality collections that provide long-term value. The brand's focus on creativity and innovation ensures that each collection is unique and appeals to a broad audience. Additionally, the long-term utility of the NFTs within the ‘Imaginary World’ ecosystem ensures that they remain relevant and valuable over time.

## Staking IOs for exciting rewards

[Imaginary Ones](https://imaginaryones.com/) offers a staking feature where users can stake their IOs and earn rewards. More than 6,000 IOs are staked, and users can earn rewards such as access to exclusive content, early access to new collections, and discounts on future purchases. The staking feature rewards loyal users and creates a community that shares a passion for art and creativity.

Moreover, the Imaginary Ones collection is built on the [Ethereum](/news/article/eth-shanghai-upgrade-postponed) blockchain, ensuring that each NFT is easily verifiable and tradable. This makes it convenient for collectors and enthusiasts to buy, sell, and trade NFTs on various marketplaces.

Additionally, as the creators of Imaginary Ones earn commission, it helps support the development and growth of the collection.


imaginary ones nfts in front of pink background image of more nfts

Imaginary Ones NFT: The Potential 

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 

[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 

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?

The Arbitrum Foundation has [announced](https://arbitrumfoundation.medium.com/arbitrum-the-next-phase-of-decentralization-e7f8b37b5226) that its new token, ARB, will be airdropped to community members on 23 March.
This crypto project is considered one of the most significant players in Ethereum's layer 2 scaling ecosystem. With the introduction of ARB, the foundation aims to establish itself as a decentralised autonomous organisation (DAO).

Arbitrum token holders will be empowered to vote in crucial decision-making processes governing Arbitrum One and Nova, which are networks that enable users to carry out transactions on the Ethereum [blockchain](/news/article/blockchain-use-cases) with reduced fees and increased speed.

The foundation also launched Arbitrum Orbit, a user-friendly and decentralised platform allowing developers to create their own layer 3 (L3) blockchains without permission. This platform is equipped with Arbitrum Stylus, which supports multiple programming languages, including C, C++, Rust, and Solidity, for building L3 chains.

## $ARB token distribution

There will be 10 billion $ARB tokens in circulation. Of these, 56% will be under the control of the community. Within this, 11.5% will be distributed to the community and 1.1% to DAOs that operate within the ecosystem. DAO will manage the distribution of the remaining community tokens through a treasury.

The remaining 44% of tokens will be owned by Offchain Labs, the company responsible for developing the network. The tokens allocated to investors and team members will be locked up for four years, with the first unlocking scheduled for after one year and periodic unlocking occurring throughout the following three years.

## Arbitrum token eligibility

Arbitrum Foundation and Offchain Labs collaborated with Nansen to create a set of eligibility criteria for an ARB token airdrop in the past few months. They established a point system based on different network usage metrics, which included users of both Arbitrum One and Nova.

Early users of Arbitrum One (before Nitro) received more points. Users with three or more points are qualified for the airdrop, but points were deducted from users who participated in Sybil-linked usage patterns. The [point system and eligibility criteria](https://docs.arbitrum.foundation/airdrop-eligibility-distribution) can be found.

For those wanting to be part of the network's governance without actively voting on-chain, delegation is a passive participation option.

The foundation introduced a second mechanism called DAO airdrops to extend token distribution to new and infrequent users.

Only projects built on this platform with DAO treasuries are eligible for this airdrop. The Protocol Guild, which represents [Ethereum's](/news/article/ethereum-prediction) core developers and contributors, was among the exceptions to the DAO airdrop.


Arbitrum Token: What to Expect 

PeckShield, a security company based in China, alerted British crypto lender Euler on [Twitter](https://twitter.com/peckshield/status/1635203838939652097?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1635218198042918918%7Ctwgr%5E2f837db4eb37d5b619c2b3b4b80aab66b93c455d%7Ctwcon%5Es3_&ref_url=https%3A%2F%2Fcointelegraph.com%2Fnews%2Feuler-finance-hacked-for-over-195m-in-a-flash-loan-attack) about a possible hack. It posted transaction details indicating that the hack resulted in a loss of $197 million.

PeckShield suggested that the hackers took advantage of a vulnerability in Euler's system. Euler acknowledged the situation and stated it was working with security experts and law enforcement. The lender also promised to provide more information as soon as it becomes available.

Crypto critic Molly White, who documents [hacks](/news/article/north-korea-hackers-stole-1.7b-crypto) and scams on her blog ‘[Web3 is Going Just Great’](https://web3isgoinggreat.com/), stated that the hack on Euler was the most significant this year. 

White ranked it as the eighth largest theft on the all-time list, although it pales compared to some of the crypto industry's most massive scams, reaching billions of dollars.

At the beginning of last year, the [crypto](/news/article/oxen-crypto-price-prediction) sector was on an upward trajectory, with the market for digital tokens and cryptocurrencies valued at hundreds of millions of dollars.

Crypto companies were aggressively marketing themselves through TV commercials, sports team sponsorships, and promoting their technology as revolutionary, as they aimed to attract new investors from the general public.

## Euler crypto falls victim to malicious hackers leveraging flash loans

According to a detailed analysis conducted by the blockchain security firm [Slowmist](https://twitter.com/SlowMist_Team/status/1635288972103667714?t=zUb040PYVunVm0p3pV1eGg&s=19), the recent attack on Euler crypto lender involved the use of flash loans by the attacker. The funds were deposited and leveraged twice to trigger [liquidation](/news/article/bitcoin-liquidations-spark-price-spike), after which the attacker sent the funds to the reserved address as well conducting a self-liquidation to collect any remaining assets.

The attack's success was attributed to two factors:

•	Funds were sent to the reserved address without undergoing a liquidity check, resulting in soft liquidation.

•	The soft liquidation logic was activated by the high leverage, which allowed the liquidator to transfer only a fraction of the liabilities to themselves while obtaining most of the collateral funds from the liquidated user's account.

Gustavo Gonzalez, a solutions developer at the blockchain security firm OpenZeppelin, informed [Cointelegraph](https://cointelegraph.com/news/euler-finance-hacked-for-over-195m-in-a-flash-loan-attack) that the entire incident occurred in a single transaction per pool, utilizing flash loans from AAVE.


Euler Crypto Lender Suffers $200m Hack 

[Litevault](https://www.litevault.info/) is a user-friendly online wallet for storing, sending, and receiving Litecoin (LTC). It offers the convenience of accessing your LTC from any internet-connected device without downloading the blockchain.

It ensures the safety of users' wallets by encrypting them before storing them on its servers. It provides the added security of two-factor authentication via email address. This web wallet is open source, and its software has been developed with a focus on simplicity and ease of use. Additionally, it requires no operating system for its functionality. 

Originally designed for the storage of LTC, Litevault has since added the ability to use Changelly and other options.

The platform is managed by an individual known as "Someguy123", based in the UK. They have developed various projects, such as the Litecoin Block Explorer. Presently, "Someguy123" is working on producing code for the [Litecoin](/news/article/litecoin-predictions) 2.0 exchange and a new initiative called "Coinbet".

The e-wallet provides an online service that employs in-browser cryptography, which helps to minimize the likelihood of the coin operator accessing your cryptocurrency assets without your consent.

## How does it function?

Upon logging into Litevault, the server receives your identification information from the browser. It then sends an encrypted form of your wallet and the AES algorithm. The browser decrypts this using your password (which is not shared with the server) to access your private keys for signing transactions.

The utilization of the wallet is free of charge. However, when conducting [LTC](/news/article/litecoin-price-gbp) transactions, users must consider that the Litecoin network demands a fee for each data processing activity. In addition, exchanges typically impose a service charge ranging from 0.5-2% when purchasing Litecoin.

## How to use the e-wallet

To use the Litevault [wallet](/news/article/best-crypto-wallet-uk-top-picks), one must register an account by signing up and entering their full name, email, and other necessary information. After verifying the account, users can log in and create a new wallet encrypted with their chosen passphrase and store it on the company's server. 

Users can also enable two-factor authentication to keep a backup of their passphrase for added security. Additionally, it offers Tor hidden service for users seeking anonymity. 

## Is Litevault wallet safe?

The wallet has gained a significant following in the cryptocurrency market due to its user-friendly interface and high level of security. It has maintained a flawless track record with no reported security breaches. 

This is because all data passing through the tool and the browser for accessing the wallet is encrypted. Only the user with the wallet's passphrase can decrypt this information. As a result, it is crucial to safeguard the passphrase as it is the only means of restoring and gaining access to the funds it holds.

## Bottom line

Litevault wallet is a reliable and secure tool designed specifically for Litecoin users. It boasts an open-source web-based interface that is intuitive and beginner-friendly. Additionally, its exclusivity to Litecoin is not a hindrance as it is the first and most established [altcoin](/news/article/altcoin-buzz) with a stable market cap. Moreover, Litecoin serves as a trading pair for most crypto assets, making it a convenient option for users. Litevault is also a fast and dependable light node capable of handling various Litecoin transactions.


blue image of blockchain and litevault logo

Litevault Wallet Review 2023 

[Duelbits](https://duelbits.com/) UK website is an online gaming and gambling platform offering users in the United Kingdom a diverse range of games using CSGO money or skins.

![duelbits.png](https://s3.eu-west-2.amazonaws.com/prod-monitalks-media/duelbits_4c70ccc91b.png)
 
The site has been designed to appeal to a broad range of players, attracting more and more people to the platform. The operators of Duelbits have integrated casino gaming and CSGO [gambling](/news/article/betfury-crypto-dapp) games, including a live casino section where real-life dealers play alongside the players.

## User-friendly interface and payment methods

The Duelbits UK platform has been developed with a simplistic design and easy navigation, ensuring users can use the site efficiently and maximize their gaming experience. The user interface of Duelbits has a clear layout, making it easier for users to browse the available games and choose their preferred options.

Furthermore, the platform offers standard payment methods such as PayPal and credit cards. Players can use these methods to deposit money into their CSGO gambling account. Signing up for Duelbits and using cryptocurrency payment options is quick and straightforward without undergoing KYC verification.

## Games and community chat

The Duelbits UK website's homepage showcases various live games, such as dice and roulette, that allow users to participate in [crypto](/news/article/crypto-events-to-attend-uk) sports betting. The top menu provides access to all the essential features of the platform, such as customer service, a provably fair system, and bonuses offered.

In addition to this, there is a community chat box that displays the number of online users. The website's modern design features a simple layout, allowing users to stay engaged and entertained for extended periods. The platform lets players view previous wins and gives the community a transparent and privileged gambling experience.

## Is it legit or a scam?

Duelbits is a legitimate online [casino](/news/article/review-rollbit-exchange) that offers a fair gaming experience to its players. The casino operates on a provably fair system that allows players to transparently verify the randomness and fairness of a game's results, which ensures that Duelbits' operators cannot rig the games.

The Duelbits UK platform stands out from the crowd as it has earned a great reputation in the online casino industry for not being associated with malicious activities.

It provides instant deposits and withdrawals to its players, another significant aspect proving the site's legitimacy. Duelbits processes withdrawals and deposits instantly, never blocking client funds, which allows players to withdraw lump sums of money immediately. Therefore, Duelbits is a trusted and legitimate crypto casino that players can enjoy without any concerns about being scammed.


Duelbits UK Review 

[POLi Payments](https://www.polipayments.com/index.html) is an online payment system that provides customers with a secure and convenient payment method, and allows them to buy cryptocurrencies, including Bitcoin.

This payment system is a subsidiary of Australia Post, one of the world's largest postal services. The company has been operating since 2010 and is headquartered in Melbourne, Australia.

The platform enables users to purchase [Bitcoin](/news/article/bitcoin-fear-and-greed-index) or crypto using POLi deposits through trusted exchanges regulated in Australia by AUSTRAC. It employs a direct connection to the user's bank account, meaning there is no need to provide credit card details when making a payment. The only requirement is the user's internet banking login details.

Once the user has logged into their bank account via the POLi platform, they can select the amount of money they want to transfer. The funds are transferred immediately from the user's bank account to the merchant's account.

## How to buy Bitcoin with POLi Payments

In Australia, it is advisable to purchase Bitcoin or other cryptocurrencies using POLi through a broker registered with AUSTRAC (the Australian Transaction Reports and Analysis Centre) and regulated by ASIC (the Australian Securities and Investments Commission).

[eToro](/news/article/etoro-uk-review) is a trusted multi-asset investing platform that meets these requirements, offering a broad range of more than 70 cryptocurrencies. The platform is ideal to buy Bitcoin with POLi. Below is the step-by-step process:

•	Step 1: Register an account with [eToro](/news/article/etoro-fees) and complete the verification process, whether for personal or company use.

•	Step 2: Input the desired amount in AUD that you wish to deposit on the eToro platform.

•	Step 3: Log in to your bank account via the POLi platform and deposit your preferred fiat currency.

•	Step 4: Locate the cryptocurrency you wish to purchase and execute your trade.

## Is the payment platform safe?

The platform provides a secure and reliable online payment system to safeguard your personal and financial information. The company employs cutting-edge security protocols such as 128-bit SSL encryption to ensure the safety of your data. 

Furthermore, your transactions are processed through a secure connection to your bank, and your bank login details are never stored on the server. This makes it an ideal option for online payments, particularly if you do not possess a credit card or do not wish to use one for online transactions.

## Bottom line

POLi Payments is a reliable and efficient option for individuals purchasing cryptocurrencies such as Bitcoin in [Australia](/news/article/australia-crypto-regulation). This payment method is characterized by its fast, secure, and user-friendly process. Using POLi deposits, customers can securely buy digital assets through the eToro exchange at low transaction costs.

For those searching for a viable alternative to traditional payment methods when acquiring cryptocurrencies within Australia, POLi payments could be the ideal solution.


How to Buy Bitcoin with POLi

Yuga Labs, the company behind Bored Ape Yacht Club, released new information regarding the second trial of its gamified Otherside [Metaverse](/news/article/metaverse-vr-project-guide) platform on Wednesday.

The "second trip" will [occur](https://news.yuga.com/otherside-2nd-trip) on 25 March and consist of a two-hour narrative adventure led by four team captains from Otherside.

This trip is exclusively available to holders of Otherdeed NFTs, representing land in the unreleased Otherside Metaverse. Each Otherdeed holder, known as a "voyager", can invite a companion to join them in the adventure. The live experience can accommodate up to 10,000 voyagers on a first-come, first-served basis. Non-holders can watch a live stream of the event on the company's YouTube channel.

## Yuga Labs' Otherside an intersection of the brand's umbrella projects

According to an [interview](https://www.coindesk.com/web3/2022/12/21/see-you-on-the-otherside-how-yuga-labs-is-bringing-its-billion-dollar-business-into-the-metaverse/) with CoinDesk in December, Wylie Aronow and Greg Solano see [Yuga Labs’](/news/article/yuga-labs-explained) Otherside as the nexus of all the company's brand portfolio projects. In April 2022, the company hinted at its Metaverse aspirations by introducing a platform where players could possess the land and transform their current NFTs into playable avatars. Yuga Labs launched 55,000 Otherdeed NFTs connected to virtual land ownership, generating approximately $320 million in prior sales.

In July 2022, the company held its inaugural event for more than 4,600 participants, causing significant congestion on the [Ethereum](/news/article/ethereum-pow-price-prediction) network. Those who joined the first trip and are voyagers on the second trip will have the chance to obtain a distinctive [Obelisk Piece](https://otherside.xyz/my-otherdeeds) connected to the broader Otherside storyline. As per OpenSea's data, the total sales of Otherdeed NFTs have amounted to 524,130 ETH, which is approximately $806 million. At the time of writing, the minimum price for an Otherdeed NFT is 1.9 ETH, equivalent to $2,920.

The Otherside ecosystem is built around digital communities and blockchain technology, presenting chances for individuals to own digital land and use the native currency, [ApeCoin](/news/article/ape-coin-price). This currency is critical in powering interactions and transactions within the Metaverse's economy. By possessing digital land through "Otherdeeds", users can curate their immersive events and experiences.


pink image of otherside metaverse trip by yuga labs

Yuga Labs' Otherside Sails Again 

Snoop Dogg is announced as one of the co-founders of Shiller, a Web3-based livestream platform for creators. This investment marks another Web3 collaboration for the well-known hip-hop artist.
Shiller will heavily incorporate blockchain technology, enabling content creators to "token-gate" their streams and promote non-fungible tokens or other e-commerce products. These content creators can receive payment in [Ether](/news/article/ethereum-pow-price-prediction) (ETH) or NFTs, which can be exchanged for fiat currency. 


The Snoop Dogg investment and partnership list includes one with Sandbox in April last year to introduce the "Snoop Avatars" NFT collection. He released the hip-hop track "A Hard Working Man", followed by a 50,000-piece NFT release. He also teamed up with [Yuga Labs](/news/article/yuga-labs-explained), the creators of Bored Ape Yacht Club (BAYC) and CryptoPunks, to perform on a Metaverse-transformed stage at 'MTV's Video Music Awards'. Furthermore, Snoop Dogg has recently become the "[Chief Ganjaroo Officer](https://www.prnewswire.com/news-releases/roobet-announces-partnership-with-entertainment-legend-snoop-dogg-301759861.html)'' at Roobet, a crypto casino, as announced by Roobet on 1 March.

## Shiller launches as part of growing creator economy

The launch of Shiller is likely a part of the broader creator economy movement anticipated to involve Web3 technology. Web1 allowed users to read content and write HTML, whereas Web2 facilitated user-to-user interactions, popularised by a few social media giants, including Facebook, Google, and YouTube. [Web3](/news/article/web3-games-raised-millions) seeks to remove intermediaries by empowering creators to own their content and its revenues fully. Platforms like Shiller emphasise the empowerment of creators to take ownership of their content without the intervention of any centralised intermediaries such as social networking platforms.


Shiller will enable creators to have greater control over the monetisation of their content. According to a [statement](https://shiller.io/dogg/), Snoop Dogg, the co-founder of Shiller, expressed his enthusiasm for partnering with London-based tech entrepreneur Sam Jones to launch the platform. He believes that Shiller allows creators to reach their fans in distinctive ways and monetise their content on their own terms, aligning with his philosophy of directly engaging with his fans.


Latest Moni