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nChain Announces Agreement With Crucial Compliance

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nChain Announces Agreement With Crucial Compliance
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nChain AG announced it entered into an agreement whereby Crucial Compliance Limited (Crucial Compliance), a provider of compliance and software solutions to the online gaming industry, will engage Kensei, the Company’s blockchain interface platform. Integration with Kensei will enhance Crucial Compliance’s existing Crucial Player Protection (“CPP”) system, which monitors player behaviour to ensure player protection from gambling-related harm.

Kensei, launched in July 2021, provides a powerful set of APIs that allow seamless integration between a customer’s existing data management processes and the BSV blockchain. Kensei eliminates the need for complex blockchain development, thus developers can focus on their core expertise while simultaneously enhancing their offering with data integrity characteristics such as a tamper-proof audit log.

CPP tracks and logs key events in player behaviour, which are then used to create a hard history of player review, interaction, and intervention throughout the customer lifecycle. By leveraging Kensei, CPP will offer a secure and cost-effective solution that creates an independently verifiable log of key actions and interactions, which will comply with the drive for data integrity from international regulators.

The auditable and immutable record of timestamped data provided by Kensei integration will increase a gaming operator’s confidence when replying to requests to prove they have discharged their responsibilities. In addition, it provides an irrefutable evidence base for an operator to challenge alleged breaches of their license conditions and/or defend against litigation.

“We are excited to partner with Crucial Compliance to bring data integrity to the online gaming industry’s responsible gaming efforts,” said David Washburn, nChain’s Chief Executive Officer. “Kensei enables tamper-proof data notarization, which is critical for gaming operators to prove they are acting responsibly and in line with all regulatory requirements.

The addition of data integrity capabilities offered by Kensei requires no change to an operator’s existing workflow so provides an attractive solution to the challenges faced by the industry.”

“This is a marked step-change for the gaming industry, using relatively new but proven technology in a way to mitigate corporate risk and also to give regulators peace of mind that what they are shown is absolute and undeniable,” said Paul Foster, Crucial Compliance’s Chief Executive Officer.

“Partnering with nChain allows us to offer a cost-effective solution for gaming operators and to provide regulators a single undeniable version of the truth, eventually across all operators.”

Crucial Compliance will work with existing customers and regulators to bring Kensei-enabled data integrity to responsible gaming activities.

Blockchain

Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto

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A brand-new online lottery portal built on blockchain technology is shaking things up in the world of chance. Metalottery, the first-ever decentralised blockchain lottery platform, officially launched, introducing a new era of transparent, thrilling and rewarding lottery gaming. By combining cutting-edge blockchain technology with the excitement of lotteries, Metalottery offers players unprecedented fairness, security and the potential to win life-changing prizes.

“Metalottery is not just another lottery; it’s a paradigm shift. We’re giving power back to the players by offering a transparent, secure, and exciting lottery experience that’s built for the web3 age,” Dioni Bouropoulos, COO of Poollotto Finance, said.

Unlike traditional lotteries, Metalottery uses Chainlink’s Verifiable Random Function (VRF) to ensure provably fair and unbiased results for every draw. And with new lottery rounds starting every 8 hours, players can enjoy the thrill of winning more often than ever before.

At the heart of Metalottery is the PLT token, the fuel of the platform’s ecosystem that players can use to purchase tickets. Metalottery makes purchasing Pool Lottery Token (PLT) available and straightforward on their website. Players can also spin the “Wheel of Fortune” for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.

Bouropoulos added: “Our platform is designed to be inclusive and accessible to a global audience. By combining innovative technology with a user-friendly interface, we empower players to take control of their lottery journey. We are charging no fees for participation and all proceeds from tickets go towards the jackpot. Our goal is to build the biggest lottery community in the world.”

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Blockchain

Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity

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Kore Digital Mining Ltd, a UK based Bitcoin mining company, announces that effective 1st May 2024, an additional 14 PH/s mining capacity will be added to its existing infrastructure.

This additional capacity will be provided by a major Bitcoin mining corporation and will be operational until 30th June 2024.

Derek Nisbet, Kore’s Founder & CEO, said – “We are pleased to work with a leading Bitcoin Miner in securing a large amount of mining capacity, for a 2 month trial period. We look forward to hopefully extending this period and engaging more with major mining corporations offering Bitcoin hashing opportunities, in the future.”

This additional 14PH/s Bitcoin mining capacity adds to the existing 2 PH/s currently operational with Kore’s own infrastructure and an additional 4 PH/s is due to be added over the next quarter, totalling 20 PH/s.

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Blockchain

After Crossing 100,000 Active Users, Hypeloot.com Announces The Launch of Its Utility Token $HPLT

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Hypeloot was established in 2022 and has processed over 50 million bets for over 100.000 Users worldwide, being one of the fastest growing Cryptocurrency casinos, releasing new game modes almost every week and a recent surge in growth which is likely to accelerate.

Hypeloot Originals cross 50 million bets mark

With new game mode additions, the number of daily bets and also bets placed per user is increasing by the day. Hypeloot adds some of the most popular Casino games but is also not afraid to add an innovative touch to the platform by developing new games that are gaining a lot of popularity, for example, the Plinko game with a 100.000X multiplier, making it the first-ever Plinko game with this high of a multiplier which is not only something innovative for the Gambling industry but also a great marketing tool as users always try to chase high multipliers.

Hypeloot .com profit share with $HPLT holders

All $HPLT holders will indirectly profit from the rampant Hypeloot .com growth and its already increasing profitability via daily buyback & burn events. Hypeloot profits will automatically go towards purchasing $HPLT tokens on the open market and burning them right after – on a daily basis!

The Hypeloot $HPLT Token

The $HPLT Presale will start the 1st of February at 15:00 UTC directly on presale.Hypeloot .com, the presale is split into different stages in which the first investors get the cheapest possible price and are also eligible for the Hype NFTs which will be tradable right on token launch. 40% Of the total supply will go towards Presale contributors, rest is split between liquidity, marketing, team, airdrops and more. All Team tokens will be locked and vested on a transparent level.

 

 

Fueling The Hypeloot Ecosystem

Hypeloot is one of the only Crypto casinos offering Fiat payment gateways and all major payment providers making it easy for every user. On top of that, Hypeloot also currently offers all major Cryptocurrencies for deposits and withdrawals. All Games are 100% provably fair with an open and transparent guide on how to check each roll, the EOS and Chainlink Blockchain hashes are being used to generate 100% randomness.

 

 

Hype NFTs

Hype NFTs are the official NFTs of Hypeloot .com ($HPLT), it will initially only be available to presale contributors, on launch, these NFTs can then be traded, bought, sold and used on Hypeloot .com for free bets, staking pools, increased rakeback and much more. These NFTs are strictly limited and will not be minted more than the given supply.

Hypeloot .com Numbers and Outlook

Hypeloot has generated over $1 Million in revenue in 2023, given that regular slot and live casino games will be added soon, it is expected to have a significant surge in the coming weeks as this is anticipated by a lot of current users, this new addition also open the door to a lot of new user acquisition as well as higher profit per user given all the new game modes.

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