Monthly Archives: May 2022

Markets Recover as Ether Alternatives SOL and DOT Outperform Top Tokens – Blockworks

Posted: May 20, 2022 at 2:13 am

Cryptocurrency markets have recovered 5% over the past week, led by ether (ETH) alternatives solana (SOL) and polkadot (DOT).

Both blockchains native tokens outperformed the top 10 by market capitalization (excluding stablecoins). SOL gained roughly 22% in the past seven days while DOT rose 19%.

In fact, half of the top 10 non-stablecoin cryptocurrencies jumped more than 10% binance coin (BNB) by 15%; cardano by 13%; and XRP by 11%.

Bitcoin (BTC) and ETH were also in the green, up around 7% and 6% respectively. The total crypto market is now valued at over $1.27 trillion, up from $1.20 trillion last Thursday.

Despite the gains made by top altcoins, bitcoin dominance (which measures how much of the cryptocurrency market is BTC) has once more surpassed 45% its highest point since October when BTC was worth $61,000. At press time, BTC was changing hands for around $30,200. Ether has hovered around $2,000.

Other native tokens of crypto exchanges continue to stage impressive rallies alongside BNB. Platforms issue these tokens to reward holders. Seychelles-headquartered KuCoins (KCS) has done particularly well, up 42% over the past week, thanks to a hearty bounce on Wednesday.

KCSs price had nearly halved over the past month, dropping from almost $21 to $11.28. It now trades for $15. Meanwhile, Singapore-based Crypto.coms CRO token returned 15% in the past seven days.

Gains made by FTXs FTT and OKCoins OKB were more modest at 6%. Huobis HT traded flat while Bitfinexs Unus Sed Leo (LEO) bucked the trend and dropped 3%.

LEO is still up 30% year-to-date thanks to an advantageous seizure earlier this year of $3.6 billion BTC stolen from the platform in 2016. Cryptocurrency markets collectively lost 42% in that time.

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KuCoin Reports 491% YoY New Users Growth in Its Q1 2022 Review – Business Wire

Posted: at 2:13 am

VICTORIA, Seychelles--(BUSINESS WIRE)--The global cryptocurrency exchange KuCoin has released an extensive review of the platforms performance in the period of Q1 of 2022. The document outlines some of the major milestones the exchange achieved and highlights some general performance statistics.

The report indicates that KuCoins cumulative trading volume exceeded $1 trillion for spot and futures trading, with an average daily volume of over $11 billion. In terms of the daily peak trading volume, KuCoin Spot exceeded $9 billion, and Futures reached nearly $15 billion.

The exchange attracted nearly 6 million new registered users in 2022 Q1, up 491% year-over-year. Asia, the Middle East & Africa and Europe ranked the top 3 in terms of user growth. Asia led the statistics with user registrations up 1,503% year-over-year. The Middle East & Africa and Europe are up 300% and 219%, respectively. User activity has also increased significantly in 2022 Q1, with the number of active users increasing by nearly 451% year-over-year.

The KuCoin community has seen a considerable boost, with the Twitter channel gaining over 320,000 new followers, reaching a total of 1.6 million. KuCoin increased the number of its global communities to 23, including 580,000 community fans.

The release of the KCS Whitepaper on March 29 is stated to have heralded a new era in the development of the exchange. The KCS Whitepaper outlined token distribution percentages, the deflationary mechanisms involved, and the essence of the self-circulating ecosystem. The development of the KuCoin Community Chain, or KCC, will become an important booster for KCS. KCC, a decentralized public chain built by the fans of KCS and KuCoins fan communities, will expand the decentralized use case for KCS, including paying KCS as gas fees or resource consumption fees, staking KCS to empower liquidity mining, and more.

On the user experience frontier, KuCoin Earn has added stablecoins, major coins and new projects in 35 assets options. KuCoin has listed 44 promising crypto gems and 59 trading pairs in Q1 of 2022, 19 of them being world premieres.

KuCoin has also achieved traction in partnerships, establishing relations with the Xangle virtual asset information disclosure and data research platform. The exchange partnered with Blocktopia, founding its first virtual office in the metaverse. KuCoin Labs has been expanding its investment footprint in Q1, including investments in nine crypto-native projects and the subscription of two crypto private equity funds amounting over ten million. KuCoin Labs also announced a strategic investment in MojitoSwap, the biggest DEX build on KCC.

With its team of talent nearing 1,000 personnel distributed across the world, up by over 200, KuCoin has performed well throughout Q1 of 2022. The data evidenced in the recent Into The Cryptoverse Reports released by KuCoin covering Germany, Turkey, and Africa also suggests that the exchange expects higher adoption and user engagement rates for the rest of 2022, despite the onset of the crypto winter.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with focus on inclusiveness and community action reach, it offers over 700 digital assets, and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.

To find out more, visit https://www.kucoin.com.

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9th Africities Summit: Official Opening of the 9th Edition of the Africities Summit – African Business

Posted: at 2:13 am

The 9th edition of the Africities Summit has been launched today in Kisumu by His Excellency, Uhuru Kenyatta, President of the Republic of Kenya.Former Seychelles head of state, His Excellency Danny Faure also took part in the official ceremony in the presence of 3500 delegates from around the world and more than 2000 local authorities. For this event, Kisumu has set up an Africities Village at the Jomo Kenyatta Stadium and its surrounding areas in order to welcome participants and exhibitors from the four corners of the world.

During the 5 days, discussions will be held around the theme of the summit: The role of intermediary cities in Africa in the implementation of the United Nations 2030 Agenda and the African Union Agenda 2063. In line with the theme, Kisumu is the first intermediary city to host the event.

His Excellency, President Uhuru Kenyatta in his speech called on the participants of the summit to make it a questioning forum for the summit to be successful. He proposed a 12-point questioning framework based on how national central governments can support a mobilization of resources to unlock effective delivery service in intermediary cities. what strategies and policies are required to combat the threats of radicalization and terrorism especially in the urban areas including our intermediary cities and what legal and policy frameworks should be established so as to foster the robust and sustainable development of intermediary cities among other questions.

Time is ripe for scaling up the role of intermediary cities as the next frontiers of African urbanization and development. An unprecedented rate of urbanization has seen 1086 intermediary cities become home to 174 million people representing 36% of our continents total urban population and contributing about 40% of our continents GDP. As we convene to deliberate on how we can establish a shift towards a new urban paradigm and unleash the potential of intermediary cities in fostering inclusive development and the realization of our SDGs and all other socio economic development initiatives we must keep in mind that Africa is becoming increasingly urbanized. The traditional rural focus within development plans risks marginalizing a growing section of our population which will soon be the majority,said His Excellency Uhuru Kenyatta, President of Kenya.

Local governments play a key role in the achievement of Agenda 2030 and SDG 13 through ensuring a paradigm shift towards low-emission and climate-resilient development pathways. Cities produce between 71% and 75% of total greenhouses gas emissions (GHG). In this regard, despite increasing levels of attention and action on climate change at city scales, much of this activity is largely decoupled from national policy framework. UCLG Africa position on climate is that the battle against climate change will be lost or won in cities and territories. UCLG Africa advocates for territorialization of NDCs and the adoption of a bottom-up approach to their definition, starting from locally determined contributions (LDCs).

The reality of our continent is reflected in the way we treat our intermediary cities. Intermediary cities are your key target of governance. Treat them well and they will treat African citizens well, treat them bad and we will fail in our progress,said Jean Pierre Elong Mbassi, Secretary General of UCLG Africa.

A dialogue between former head of states followed the official opening on financing infrastructure and urbanization in Africa to achieve the SDGs and the UN 2030 Agenda and the Africa Union Agenda 2063.

African Union High Representative For Infrastucture Development, Rt. Hon. Raila Odinga called for the establishment of an African Infrastucture Fund to fund the monetary deficit needed to build Africas infrastructure.

Africa needs 170 billion dollars per annum to be able to meet its infrastructure needs but has a deficit of about 110 billion dollars. We can work with several institutions to establish this fund because we have identified that Africa has idle capital such as sovereign wealth funds, pension funds and insurance funds. We are working towards tapping these resources to enable Africa fund its own development,he said.

Former President of Seychelles, His Excellency Danny Faure highlighted the need for bankable strategic infrastructure based on data.

It is important that we back up our interventions based on facts and data that shows us where we are in terms of development. The next step is to strategically choose the right infrastructure that will have the most effective impact on the continent and whose outcomes will be beneficial to our nations and populations. The approach on the continent concerning infrastructure needs to be co-ordinated and not fragmented,he said.

This first day of the summit was also dedicated to Diaspora. The African diaspora accounts for around 150 million people of African descent located in all the regions of the world. The African Union considers Africas Diaspora as the sixth region of Africa. Consolidating the relations between the Africa Motherland and its Diaspora and all the dimensions to give to these relations was at the heart of the discussions of the Diaspora Day. It is a key agenda to ensure the realization of the United Nations 2030 agenda and the African Union Agenda 2063. Its contribution to economic development is greater than public aid from international institutions. Also, a certain form of transmission of the Afro-descendant history gives rise to a great involvement of the new generations for a better knowledge of its identity but also an active participation in the emergence of this continent.

Synergy needs to be developed between the diaspora and the local population and local authorities need to set up programs in which the diaspora can concretely participate in for the development of the continent at local, national and continental level to make the continent shine internationally.

One of the best illustrations of the reality and weight of African Diaspora, is Ms Lupita Nyongo, who is the first Goodwill Ambassador of Africities. In her official video, Ms Nyongo expressed how honored she felt to be the Africities Goodwill Ambassador for this Year Kisumu is my ancestral home and I have witnessed its potential first hand. It has so much to offer and I can finally see its vibrant energy being tapped with the radical leadership of its governor, my father Professor Peter AnyangNyongo. I could not think of a better place to come together to discuss tangible solutions for the challenges facing Africa and its intermediary cities than the Africities Summit. Over the next 5 days, you will participate in interactive sessions, you will hear from inspirational speakers, take workshops, implement projects and dream up the Africa we want to see. One where everyone has access to food, healthcare, education, housing, public safety and peace.

Tomorrow the main sessions will include Africities Trade and invest forum, Digital Day, Culture Day, and a series of assemblies of UCLG Africa Networks to elect their office bearers. These include: the General Assembly of The Network for Locally Elected Women of Africa (REFELA), the General Assembly of Network of young local elected officials (YELO), the Assembly of Territorial Coaches, the Assembly of Permanent Secretaries/ Executive Directors of National Association Of Local Authorities, the Assembly of the network of City Managers (Africa MAGNET); the Assembly of the network of City Chief Finance Officers (Africa FINET);the Assembly of the network of City Chief Technical Officers (Africa TECHNET) and the Assembly of the network of Human Resource Managers of African Local and Regional Governments (Local Africa HR-Net); the Assembly of Territorial Managers in charge of Decentralized Cooperation; the Assembly of the African Media For Development (MADEL).

PS: Dont miss the daily press conference at the venue at 8:30 AM. Venue: Africities Media Centre

Find all the information: Presentation / Program / Speakers on: http://www.Africities.org

Distributed by APO Group on behalf of United Cities and Local Governments of Africa (UCLG Africa).

Download more images:https://bit.ly/3wl5QCy

Press contact: [emailprotected]

This Press Release has been issued by APO. The content is not monitored by the editorial team of African Business and not of the content has been checked or validated by our editorial teams, proof readers or fact checkers. The issuer is solely responsible for the content of this announcement.

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KuCoin Raises $150 Million to Further its Exploration into Web3. – TechCabal

Posted: at 2:13 am

KuCoin, a leading cryptocurrency exchange, has raised $150 million in a pre-Series B funding round led by Jump Crypto, the investment arm of US proprietary trading firm, Jump Trading, to further its Web3 presence and offerings.

This funding round also saw the participation of other investment funds, including Circle Ventures, IDG Capital, and Matrix Partners. This is the exchanges second funding round since its $20 million series A round. With this current new funding, KuCoin reaches a valuation of $10 billion.

KuCoin provides a comprehensive platform of crypto services to a global audience, which is one of the many reasons were proud to lead this round. We are pleased to support the company as it continues to grow and expand its offerings in futures and margin trading, lending, staking, and passive yield generation to support the growth of Web 3.0 and the crypto markets, said Tak Fujishima, Head of Asia, Jump Crypto.

The 4-year-old exchange with its operational headquarter in Seychelles has been on a steady rise since its inception, going from being the 49th largest exchange in 2018 to now being the 5th largest exchange based on trade volume, according to CoinMarketCap. It has also amassed 18 million users in over 200 countries and regions.

Growing from being just an exchange platform, KuCoin has also expanded into 2 financial investment arms called KuCoin Labs and KuCoin Ventures.

According to the exchange, this new funding will be used to expand its services beyond centralized trading and grow its presence in Web3 and its decentralized ecosystem. With this funding, it will broaden its portfolio with crypto wallets, GameFi, DeFi, NFT platforms, and DAOs through its investment arms.

With growing interest in Web3, metaverses, and blockchain technology, KuCoin is further staking its claim in the future of the decentralized web with this latest funding and intended projects. This comes months after the exchange, through its NFT marketplace, Windvane, launched a $100 million Creators Fund to support and incubate early-stage NFT projects.

KuCoin prides itself on being the peoples exchange, offering over 700 cryptocurrencies on its exchange, listing tokens with small to mid-sized market cap and with low trading fees. With this current push into Web3, itll live up to this reputation by banking on Web3s decentralization and openness to further its goal to make crypto and DeFi services available to anyone, anywhere.

According to KuCoins CEO, Johnny Lyu, The vote of confidence from prominent investors, including Jump Crypto and Circle Ventures, solidifies our vision that one day, everyone will be with crypto. KuCoin is built for all classes of investors, and we believe these new investors and partners will contribute to making KuCoin synonymous with a reliable and trustworthy gateway into the crypto space.

KCC, the public chain jointly built by members of the KuCoin community and KCS fans, will be a useful infrastructure to deploy resources towards these new Web3 projects and create a decentralized ecosystem.

KuCoin also plans to leverage this pre-series B funding to improve its global regulation efforts, build its core trading system for better performance, and enhance its security and risk management systems to make the platform more secure and accessible for users. It expects to launch decentralized wallet products later in the second quarter of 2022.

About KuCoin

Launched in September 2017, KuCoin is a global cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community action reach, it offers over 700 digital assets, and currently provides spot trading, margin trading, P2P fiat trading, futures trading, staking, and lending to its 18 million users in 207 countries and regions.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion. KuCoin is currently one of the top 5 crypto exchanges according to CoinMarketCap. Forbes also named KuCoin one of the Best Crypto Exchanges in 2021. In 2022, The Ascent named KuCoin the Best Crypto App for enthusiasts.

To find out more, visit the website.

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Island Green Living Named Sustainable Company of the Year by Clinton Global Initiative & Island Innovation – St, Thomas Source

Posted: at 2:13 am

In partnership with Island Innovation, Clinton Global Initiative named the USVI-based nonprofitIsland Green Living Associationthe Sustainable Company of the Year during the inauguralIsland Innovation Awardsceremony held recently (view recordinghere, 46.45-minute mark).

Chosen from among hundreds of entrants in 12 categories, the award was presented to Harith Wickrema, president of Island Green Living, by James Robinson, program manager for Clinton Global Initiative.

The Sustainable Company of the Year award recognizes an island-based organization that promotes sustainable solutions for their island and has introduced new and/or improved ecological goods, services, or strategies to help island communities become more sustainable, according to a press release announcing the award.

Judges include former President of the Republic of Seychelles James Michel; UN Secretary-General Special Envoy for the Ocean Peter Thompson; former President of the Republic of Kiribati Anote Tong; and a host of leaders in the academic, environmental, political and nonprofit worlds.

We are grateful to have this platform to extend our toxic sunscreen and other sustainable messages to a global audience. Being chosen as Sustainable Company of the Year from among the very deserving nominees is a testament to our amazing and committed staff, volunteers, and board members, said Wickrema in the press release. We thank Clinton Global Initiatives and Island Innovation for the recognition. It is our hope that our achievements will serve as inspiration to others to preserve our Earth.

When presenting the award, the Clinton Global Initiative representative cited Island Green Livings 18-year mission of turning what many would consider waste into a resource. The nonprofit got its start as Island Green Building Association with the mandate to promote green building and salvage used construction material to ensure sustainable development. In 2014, due to many environmental challenges such as overflowing landfills, accelerated coral damage due to toxic sunscreen, lack of recycling, etc., its scope was expanded to encompass all aspects of sustainable living and was rebranded Island Green Living Association.

Most recently, Island Green Living introduced the Ocean-Bound Plastics Recycling Program through a partnership with PADNOS, a Michigan-based, family-owned recycling company, the first such program on St. John, which has so far crushed 3,400 pounds of plastics since late February. It complements the organizations aluminum can recycling program, which has crushed 1.3 million cans to date; brush chipping program, which has processed 4,500 cubic yards of green and brown debris; and ReSource Depot thrift shop, which has kept nearly 700,000 pounds of material from the overburdened landfill.

The organizations advocacy campaigns have successfully banned toxic sunscreen containing the Toxic 3 Os of oxybenzone, octinoxate, octocrylene, plastic bags, straws, and the burning of vegetative debris in the territory while advancing awareness and education about these vital issues. The Ban the Burn campaign has contributed to the territorys excellent air quality, among only three places in the world meeting the WHOs clean air standards. In addition to the Sustainable Company of the Year award, Island Green Livings efforts have earned numerous accolades, including an EPA Environmental Champion Award in 2017 and a Clinton Global Initiative Commitment to Action designation in 2020.

Island Green Livings programs are made possible through the generous support of donations. Tax-deductible contributions can be made at https://islandgreenliving.org/donate/or by mail at 5000 Estate Enighed PMB #38, U.S. Virgin Islands, 00830. Phone: 340-473-7870;info@islandgreenliving.org.

Established in 2004, Island Green Living Association is a registered 501 (c)(3) not-for-profit organization on St. John dedicated to sustainability throughout the USVI. Visit http://www.islandgreenliving.org.

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New Jersey Online Casinos and Michigan Online Casinos are Neck and Neck in Revenue Battle in April 2022 – PR Newswire

Posted: at 2:12 am

ATLANTIC CITY, N.J., May 19, 2022 /PRNewswire/ -- April results are in and according to revenue numbers released by theNew Jersey Division of Gaming Enforcement and the Michigan Gaming Control Board that were compiled by OddsSeeker.com, online casinos in NJgenerated $134,628,446 in revenue versus $132,438,012 for Michigan online casinosin April 2022.

Michigan online casinos set a new revenue record in April, closing the gap, to just under $2.2 million in total revenue difference between the two states. Michigan is clearly becoming the more dominant state when it comes to revenue per online casino since Michigan only has 14 online casinos while New Jersey is home to 32 online casinos.

Michigan's online gaming market has benefited from its strong land-based gambling roots. Which can be told by the fact that over half of its online gambling revenue has been generated by two of Detroit's largest land-based casinos, Motorcity and MGM Grand Detroit. The experts at OddsSeeker.compredict that MI is still on track to become the largest online casino market in the US, as soon as May 2022.

"The popularity of online casinos in Michigan continues to impress the tax revenues taken in by the State will certainly ignite envy amongst those yet to legislate, and specifically the states that have only legalized sports betting. One thing's for sure Americans are loving this new era of freedom of entertainment & chances to win big!" said Frank Weber, Sports Editor at OddsSeeker.com

New Jersey and Michigan Online Casino Revenue by The Numbers April2022 ($ In Millions)

Here is the full breakdown for New Jersey and Michigan online casino revenue in April 2022:

Michigan

New Jersey

April

$ 132,438,012.00

$ 134,628,466

For more information,visit https://www.oddsseeker.com. Data referenced from the MGCBand the NJDGE.

About OddsSeeker: OddsSeeker.com is a leading source for iGaming news, online games, and online casino & sports betting promotions in the U.S. regulated online gaming markets.

SOURCE Odds Seeker

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Online Casinos in the UK: 7 Top Real Money Gambling Sites – HeraldScotland

Posted: at 2:12 am

The UK remains one of the vastest strongholds of casino entertainment. Old, like history itself, UK gambling thrives and grows its popularity. Moreover, modern technology and implementation tools allow diversifying the fun. Leisure in a powerful combo with big wins the online gambling industry bestows that and more.

The expected online gambling upswing has motivated the emergence of countless UK online casinos. Of course, the best betting sites started allowing online casino games in parallel with slot hubs. Yet, the copious quantity of UK casinos online confuses enjoyers who seek a reputable gambling site. Let us narrow down your choice by analysing the results of expert research. So, here are seven best online casinos that have licenses from reputable commissions and guarantee fairness:

7 of the Best Online Casinos

They all have peculiarities and unique offers, but they all also have an axiomatic feature they share. All presented options can demonstrate licenses from at least one gambling authority. That means our options have undergone various checks by professionals. Those who have determined that the casinos deserve certificates and seals of trust.

1. Yako Casino Best Overall

Yako is a small UK gambling island that has gained huge appreciation from casino enjoyers. The casino does not hesitate to mention its licenses from MGA, UK Gambling Commission, and Spel Inspektionen. That is a rare combination of seals of trust! Moreover, the UK license is one of the hardest to get, as the commission is extra strict in its control. So, what does this gambling hub offer?

Top Picks for Gamblers

The casino is the wisest choice if you prefer live entertainment, but other game sections are equally great. Live fun assortment of this UK gambling hub is stellar and diversifies classic games by providing modified games. For instance, you might enjoy:

The mentioned pieces are the best-loved games casino guests tend to prioritize due to vaster chances of winning. But also, players report the user-friendliness of each game and the convenience of playing. Still, live game diversity is not the sole focus of the casino. There are also jackpots, table games, and a comprehensive slots library. So, for diversification purposes, you might like to spin:

Sure, the lists could be longer, but the mentioned gems of the gambling industry suffice for starters.

Reasons to Try

Bonus

The casino makes your first deposit X2 up to 99 and adds 99 FS on top of the welcome gift. But, alas, there are zero no-deposit bonuses.

Note that the bonus works for newcomers only. Minimal deposit is 20. Wagering is 40X bonus (wager at least 800 before withdrawing). Maximum bet with bonus funds is 5. The bonus expires in 30 days, and free spins expire in two days.

2. Bets.io Best for Slots Assortment

Great UK gambling sites are not a rarity, but not all of them manage to collect so many fascinating slots. So, we see a rich bitcoin gambling hub that has gathered projects from more than thirty-five reputable providers. But also, the casino does not hesitate to show its Curaao license.

Top Picks for Gamblers

You are picking your piece of fun from an atheneum that counts 2937 slots and will count more when new stellar games enter the market. So, we see masterpieces from Play'N Go, NoLimitCity, Evolution Gaming, BetSoft, Game Art, and other talented providers. And the finest games to spin are:

The listed pieces combine user-friendly controls, safe gambling, and distinctive vibes. Every game amuses crypto casino guests with big wins and aesthetical immersion in a balanced mix. The RTPs of the mentioned games are not lower than 90%; thus, your bitcoin gambling session will not make you lose more than you expect.

Reasons to Try

Bonus

Your best gambling journey starts with a significant boost. The UK casino online promises (and objectively gives) 100% of your first deposit up to five BTC. You also get 20 FS as a cherry on the welcoming cake's top. But the cashback program is what fascinates gamblers the most: guests get up to 20% of it.

The bonus works for new players only. Minimum deposit is 0.6 mBTC, but there are no cashout limits. Wagering is 35X (and counts only when you play slots). Maximum bet is 0.15 mBTC. Note that the bonus expires in seven days. Free spins, in turn, have the same wagering demands, but the cashout can be no more than three mBTC. That expires in seven days too.

3. Fun Casino Best for Enjoying Table Games

Here is another triple-licensed UK gambling house that has the right to be on the list of the best casinos. There are many reasons the UK, Sweden, and Malta have given it the hard-earned licenses.

Top Picks for Gamblers

First and foremost, we must highlight that the table game collection here deserves six stars out of five. So, blackjack lovers have finally found their cove of serene gambling. But, of course, there is a diversity of games, such as:

So, you have a rich choice between classics with advanced technologies or something new and outstanding. Afresh, all the presented games are provably fair, which is a vast plus to the entertainment. But also, we must note that the gaming hub offers bright slots like:

So, the game collection allows diversification if you are energetic to go for various types of casino entertainment.

Reasons to Try

Bonus

The welcoming reward is standard: you get the deposit doubled and ready to go. The UK casino could do some work to upgrade its special offers, but even the actual promos are sufficient for fun. 10% cashback adds to a pleasant experience in parallel.

The first deposit bonus asks for a minimum 10 as a deposit. Cashout has no limitations. Wagering is 50X (and can happen only when you play slots). The bonus expires in 30 days.

Alas, you cannot do that all with Neteller and Skrill those payment ways do not win you a bonus.

4. Lucky Tiger Best for Casino Thrill on the Go

Lucky Tiger is one of the most successful young projects amidst top crypto casinos. It has been functioning since 2020 but has already demonstrated fairness and top-notch support. No wonder the gambling authorities gave it a Curaao license. So, what does the mentioned UK casino online propose?

Top Picks for Gamblers

The game bibliotheca is moderate, but some gems make gambling sessions brighter. For instance, table game lovers might enjoy:

The slots show more diversity. Still, there are only two main game providers: Realtime Gaming and Visionary iGaming. Notwithstanding, the crypto gambling enumeration demonstrates brilliants like:

There is also a separate section with poker games and gripping specialties. But also, all those games have mobile versions for the utmost comfort for the players. So, game provider scarcity did not hinder the collections' brightness and diversity.

Reasons to Try

Bonus

Lucky Tiger casino online welcomes you with 260% and 100% cash back for your first deposit. The second deposit bonus is actual, and 100% cashback works.

Note that minimal first deposit is $25. Maximum cashout is 20X depending on your deposit. Wagering is 30X (bonus+deposit), but some games do not contribute a lot to wagering. For instance, slots, scratch cards, Keno, and Bingo allow 100% wagering. Yet, Blackjack and Poker give only 20% to the wagering, while Roulette contributes 10%. If you get FS, you can use them when playing Wild Hog Luau solely. FS conditions is 40X wagering.

5. NoBonus Best for Stable Cashback

The casinos' designation is self-explanatory. And the objective reality shows that the brand's name does not lie. But gamblers still report that the hub of BTC games deserves high estimation. And that is what three gambling authorities seconded. So, this best UK online casino shows licenses from Sweden, the United Kingdom, and Malta.

Top Picks for Gamblers

The fun assortment of the NoBonus is abundant. The video slots section offers the best-appreciated games like:

But there are also roulettes, blackjacks, and numerous other table games to savour. The jackpot collection is scarce, and the video poker section could use some novelties. Still, this UK casino focuses on slots and prioritises that segment, which is understandable and tolerable.

Reasons to Try

Bonus

So, the bonus system is non-existent in this online gambling hub. Still, you get an axiomatic 10% cashback regardless of the situation. Maximum cashback has no limits. There are zero wagering demands and other conditions. But you might lose your cashback if you do not seize the opportunity to get it in 10 days.

6. CasinoCasino Best for Prompt Withdrawals

Double the fun is the slogan that describes the gaming hub at its finest. Yet, the UK online casino is more famous for its withdrawal convenience. So, every player can get their replenishments and wins on the same day if they ask for it before six PM. Moreover, that is another triple-crowned UK casino online: the licenses are from the UK, Sweden, and Malta. And what does the online casino offer in concurrence with that?

Top Picks for Gamblers

The video slot library is immense. Furthermore, the website accumulates masterpieces from the providers mentioned above. But also, there is Novomatic, PragmaticPlay, ELK, and other well-estimated creators. So, here are games that will win your heart when you win money:

But let us not neglect live casino entertainment: Baccarat C, Dragon Tiger, Live Monopoly, and other games. And remember that this UK casino allows gathering your winnings with minimal effort and waiting time.

Reasons to Try

Bonus

The casino does not have a lot to offer in terms of bonuses. The welcoming set is standard: 100% to your first deposit up to 100. Note that your first deposit cannot be less than 20 (but Skrill and Neteller do not allow you to get the bonus). This one has no cashout limits. Wagering is 40X and counts only when you play slots. Maximum bet is 5. Note that you have 30 days before the bonus expires.

7. All British Casino Best for Mild Withdrawal Limits

Now we look at the literal collection of the British favs. That is a double-crowned casino: the licensing authorities are Malta and the UK.

Top Picks for Gamblers

The UK gambling hub collects jewels of the industry from more than forty providers. The video slots section shows off great pieces like:

Moderate collections of table games, Slingo, and jackpots add to the diversity. The company focuses on games with appraisable RTPs and gamblers' appreciation.

Reasons to Try

Bonus

Yet again, the bonus set does not demonstrate anything out of the ordinary: 100% to your deposit up to 100. Also, stable cashback is pleasant. Wagering requirements here are 35X (slots allow 100% wagering, video Poker contributes 10%). Max bet is 5. The bonus expires in 30 days.

FAQ

What are the best UK bitcoin casinos?

There is no universal answer, as every company prioritises different goals. Yet, the best bitcoin casino on our list is Bets.io.

Is crypto gambling better than fiat one?

Crypto gambling ensures your safety and keeps you invisible to unwanted onlookers like banks. Moreover, bitcoin gambling enthusiasts usually get better bonuses.

Are crypto gambling sites popular in the UK?

They are growing in popularity right now. Many gamblers still prefer conventional resources because that seems stabler. Yet, crypto-havers never switch back to fiat gambling.

What license should the best casino online show?

Curacao, MGA, and UK Gambling Commission suffice. Yet, there might be other licenses that you want to analyse. Additionally, check if the presented license is authentic (click on the certificate's icon to see details).

Can UK casinos online be fake?

Yes. The general gambling industry, including the British segment, has yet to develop a mechanism that deletes fraudsters from the plane. Still, now all we can do is analyse every offer thoroughly before sending any money to a casino online.

Conclusion

Fiat and crypto gambling are equally valid, but you might need to do extra research to find a good crypto casino. Also, be attentive to licenses and seals of approval those are the signs of fairness. The presented casinos have at least one license, which is more than sufficient to know that you can win real money without drawbacks. Enjoy the casino world, and best of luck to you.

DISCLAIMER

Please do not neglect that fiat and crypto gambling is not for kids. The entertainment is for people who are older than 18 y.o. only. Also, please do not attempt to play any game if you know that you can lose control over your process. If you experience any gambling issues, you may contact:

BeGambleAware.org.

This article is supplied by Ulej Tech Ou and isnot necessarily representative of the views of The Herald.

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A look at the top online casino bonuses on offer – Amico Hoops

Posted: at 2:12 am

With online casino bonuses offered such as no deposit bonuses here and free spins there, you could be forgiven for thinking that online casinos are in the business of trying to outdo one another in terms of how much money they can give away. That doesnt sound like a great business model and the truth is a little more complicated. However, its true to say that the market is so competitive and market share is so important that gamers can certainly benefit from all these promos. At least, they can if they know how to play smart.

As we will see, some giveaways really can equate to free money, while others are not as generous as they first appear. Every casino bonus is different and has its own nuances, an independent review website like CasinoSenpai.com gives you an overview of the best online casino bonuses for new and loyal customers.

A welcome bonus is the obvious place to start. Cyberspace has even more choice when it comes to casinos than the Las Vegas strip, and its a. case of dog eat dog in the battle to get you in through their virtual doors and signed up as a member. A welcome bonus is exactly as it sounds a one-off bonus that is awarded to new members upon joining.

The exact nature of the bonus will vary from one casino to another, but the most common sort is a matched bonus, whereby they will match your opening deposit into your gambling account, subject to some upper limit. This might be as high as $500, but you can only use it once. So if you deposit $20, the casino will match it and youll have $40 to play with. If you deposit $100, they will likewise match it and youll have $200 at your disposal.

Heres a popular type of bonus, and one that might sound too good to be true. As the name implies, it is a money bonus that the casino pays into your gambling account, but unlike the matched bonus, you dont have to deposit any money out of you own pocket. On the face of it, youve everything to win and nothing to lose with a no deposit bonus.

Thats true, but there is a but. No deposit bonuses are invariably subject to all sorts of conditions. Theres typically a wagering requirement thats seldom less than 30x and can be as high as 60x. Some no deposit bonuses also have a maximum payout limit, so even if you hit the jackpot, theyll never make you a millionaire. Still, as long as you go into the game with your eyes open and understand the conditions, no deposit bonuses provide risk-free gambling.

Another common condition of no deposit bonus money is that it can only be used on certain slot games. Free spins are basically a different way in which casinos can offer exactly the same thing. Sometimes free spins are awarded when you make a deposit, so are a little like the matched bonus, and sometimes they are given away like the no deposit bonus.

In the latter case, youll find similar conditions. In other words, one casino might offer a $10 no deposit bonus that you can use on the Starburst slot. Another might offer 100 free $0.10 spins on Starburst. Essentially, the two bonuses are identical, so its a case of checking the conditions to see which is really the best deal.

Heres a relatively new type of casino bonus, and its one that has really captured the imaginations of gamblers and done wonders to promote brand loyalty. The way it works is that the casino gives those players who have had an unlucky streak a bit of a break by returning a percentage of their net loss as a cashback. Its typically set at 10 percent and it is calculated and paid out automatically at a set time and day every week.

Everyone has a bad run from time to time, and when you do, a bonus is extra welcome. Whoever invented the cashback bonus was a master of psychology!

Finally, a bonus type that is the equivalent of the welcome bonus but aimed at retaining existing customers as opposed to attracting new ones. Other than that, though, it works in the same way as the matched bonus we mentioned earlier. When you reload your gambling account with money out of your pocket, the casino will provide a bonus.

Typically, this will be less than the welcome bonus, so dont expect 100 percent. However, 25 percent is not uncommon, so in that case, if you reload $100, youll get $25 extra as a reload bonus.

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Will Canadians Embrace Regulated Online Gambling Now That It’s Here? – Logical Daily – Logical Daily

Posted: at 2:12 am

The Canadian province of Ontario started its legal and monitored online gambling sector on April 4th 2022. The formal launch comes nearly three years after the province government announced plans to lift the lotterys monopoly on online gambling in April 2019. In 2020, the government announced laws to establish a licensing system.

The new market will be regulated by iGaming Ontario, a subdivision of the Alcohol and Gaming Commission of Ontario (AGCO), which will also provide licenses to operators that apply for it and meet all the regulatory requirements and quality standards.

The province released its final criteria for online betting and gambling in September 2021. Auto play is prohibited in online gambling, and the minimum spin speed for slots is 2.5 seconds.

iGaming Ontario issued a number of licenses ahead of the markets inauguration, allowing a number of large companies to operate in the jurisdiction.

PointsBet, Rivalry, Rush Street Interactive, Bet365, FanDuel, and 888 all received online gambling licenses in Ontario, while providers including Inspired Entertainment, Playn Go, and High 5 Games were also permitted to partner with approved operators. Affiliates such as NoDepositWorld are also part of the regulation framework and they are having a very hard time with adapting to compliance rules of the new laws.

The AGCO issued a warning to operators in the process of obtaining a license in the days prior to the market opening that if they continued to operate, their application would be rejected.

The AGCO announced plans to take strong action to address any remaining uncontrolled Ontario market activity in conjunction with the Ontario Police Forces. These plans were laid out in a guide that was produced to provide direction to online game service providers seeking to apply for the Ontario license.

On the day that the market was launched, a few operators were already pre-approved and went live. This included the likes of PointsBet, a brand that offers both an online casino and online sportsbook. Another noteworthy brand that started operations on launch day is FanDuel, owned by Flutter Entertainment. FanDuel also received licenses to operate sports betting as well as online casino gaming within the province of Ontario.

In general, if a type of gambling is not regulated or supervised by either the provincial or federal governments, it is prohibited inside Canadas boundaries.

Since the provincial government gets a say in whether a form of gambling is legal or not within their jurisdiction, the legal status of online gambling may vary from one jurisdiction to another. For instance, online gambling is now legal in Ontario, but only for sites licensed by the AGCO. On the other hand, in Quebec, residents can sign up and play at any online gambling website as long as they site is willing to provide them the services and this includes government-run online gambling sites.

In Nova Scotia, there arent any state-owned online gambling services, but residents are free to sign up with any online casino or sportsbook, including offshore services.

New Brunswick also adopts the same stance as Nova Scotia. In Manitoba, government-owned website PlayNow Manitoba offers online gaming to residents.

In British Columbia, PlayNow, which is owned by the British Columbia Lottery Corporation, is the provinces sole regulated and totally legal gaming site. Launched in 2004, the site offers sports betting and various types of casino gaming.

Online gambling in Prince Edward Island is unregulated at this time. Residents can choose from thousands of offshore providers and play without getting into any legal trouble for doing so.

Land based casino gaming is not allowed in the province of Newfoundland and Labrador. Many gaming enthusiasts, therefore, look at internet-based game providers to get their gaming fix. They have thousands of offshore casinos and sportsbooks that will accept them.

In the province of Saskatchewan, online casino and sportsbook operations are not allowed if it is based in the province. So, there is nothing really stopping residents from signing up with offshore online gambling websites.

Alberta does not regulate online gambling at all. Residents are free to gamble online at their own risk.

The above covers the various provinces, but there are also the territories of Yukon, Nunavut and the Northwest. These territories are mostly governed by the Federal government.

In Yukon, Residents can lawfully place bets on the internet, whether through a sportsbook or a casino. It makes no difference whether the service is based in Canada or outside.

In Nunavut, within Nunavuts boundaries, internet gambling is legal. This is true for both online sportsbooks and casinos, albeit those in more rural areas may face difficulties due to a lack of Internet access.

As far as the Northwest Territories are concerned, all forms of online gambling are legal. Whether youre playing a slot machine or betting on the horses, you dont have to worry about getting in trouble with the law.

When it comes to laws pertaining to the marketing of online gambling sites, there are rules which apply to this as well. Paid promotions on social media websites such as Facebook and Instagram are not allowed. According to the tech giants own gambling promotion policy Advertisements for online real money gambling, skill games, or lotteries, such as online casino, sports betting, bingo, or poker, are only permitted with prior written approval. Advertisements promoting legalized gambling, skill games, or lotteries must target those aged 18 and above who live in jurisdictions where authorization has been given.

Twitter has a general gambling policy which essentially insinuates that Except for ads targeting certain nations, where it is authorized with limits as detailed below, Twitter forbids the marketing of gambling material.

As far as Twitters gambling policy in Canada goes, online gambling promotion is allowed as long as it is provided by licensed organizations within Canada and with prior approval from Twitter.

Fantasy sports ads, on the other hand, are allowed.

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Everything To Know About PayPal at Online Casinos Before Making the First Payment – Study Breaks

Posted: at 2:12 am

There are currently so many ways to deposit and withdraw money at online casinos, from e-wallets and credit cards to cryptocurrencies. Without a doubt, one of the most prevalent banking methods at online casinos is PayPal.

Still, there are so many questions regarding the use of PayPal for online gambling, such as whether its legal, where it is available, and more.

This article is here to answer all of these questions and reveal everything there is to know about PayPal at online casinos before making the first payment.

Essentially, PayPal is an e-wallet service for electronic money transfers, not used exclusively for online gambling but for any money transfer.

PayPal is one of the most well-known e-wallets globally, recognized for its ease of use, speed of transactions, security and vast number of financing options.

Naturally, an online money transfer service like this couldnt stay unnoticed in the online gambling world, so its been connected to online casinos since the early days.

PayPal has significantly influenced an entire industry of online gambling and even improved it, so its no wonder why so many casinos offer PayPal as one of the banking methods.

This is one of the most common questions about PayPal, especially when using it as the banking method at online casinos. At this moment, PayPal is available in over 200 countries and territories, supporting 25 currencies.

However, this doesnt mean that players can use PayPal for depositing and withdrawing the money at online casinos since PayPal only allows gambling transactions in those jurisdictions where its licensed.

PayPal can be used for gambling purposes in these countries:

Clearly, this shows that PayPal has strictly regulated where it can be used as an online casino payment method because these countries have stringent regulations and rules for online gambling.

If PayPal is one of your preferred payment methods, check out the best online casinos that accept PayPal and register now.

When it comes to e-wallets, PayPal is unmatched as a payment method for online gambling. As a result, many online platforms emphasize using PayPal as the main banking option, and here are some of the reasons why:

Security: PayPal is one of the most secure payment methods. The website is fully encrypted and safe, and it doesnt require any confidential information, so players may deposit and withdraw their money using nothing but an email address. PayPal also features various verification methods, so the chances of any abuse are nearly non-existent.

Low Fees: While some of the other e-wallets may take a considerable chunk out of the players transactions, this doesnt apply to PayPal, which is famous for its low fees. On top of this, there are no hidden fees, and everything is transparent.

Quick Transactions: Any conventional payment method cant even come close to PayPal when it comes to the speed of transactions. While banks can take a few business days to process the transactions, PayPal will only take a few minutes because this process is automated. Speed of transaction is a critical element of online gambling because time is money.

Unrivaled Convenience: Using PayPal is trouble-free and user-friendly, so anyone can use it without spending much time learning how. Whats more, it also features an official mobile app, so players can deposit or withdraw their funds even when on the go.

First, a player that wants to use PayPal must ensure that the gambling platform accepts PayPal, which is usually the case, but there are exceptions. Usually, the website will have a PayPal logo displayed on the website/app, so all that the player needs to do is click or tap on the logo, redirecting the player to the PayPal website.

Once there, a player must fill in the details such as name, ID (used for verification), address, and email address. Once everything is set, all that remains is to deposit the funds and connect the PayPal account to the online gambling platform for one of the most convenient and fastest methods of transactions.

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Everything To Know About PayPal at Online Casinos Before Making the First Payment - Study Breaks

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