Blockchain
Trump vs Biden I: Cloudbet Markets Give it to Not-So-Sleepy Joe
![Trump vs Biden I: Cloudbet Markets Give it to Not-So-Sleepy Joe](https://europeangaming.eu/portal/wp-content/uploads/2020/09/cloudbet-US.jpg)
Joe Biden, the Democratic candidate for the U.S. presidency, won support from the betting public as he withstood a hail of bluster and interjection from President Donald Trump during a combative and fiery first presidential debate.
Odds on a Biden win shortened to 1.65, meaning betting markets give him a 61% chance of being elected, according to prices compiled by crypto sportsbook Cloudbet. That compares to 1.73 (58%) just before the debate. Trumpâs odds drifted to 2.28 from 2.16, amid indications that bettors had taken significant positions on the president ahead of the debate.
Biden had managed to mostly fend off Trumpâs constant interruptions and aggression, as part of his campaignâs ongoing attack on the Democratâs mental acuity and cognitive abilities, commentators on both sides of the political spectrum said after the debate. Others said the chaos of the encounter blurred any attempt at messaging on key issues, and did little to sway undecided voters who are crucial for victory in key swing states.
Cloudbet is tracking the two candidatesâ price movements closely as part of its comprehensive politics offering that allows customers to bet on the election winner as well as on state-by-state outcomes. The operatorâs politics page features a superbly designed electoral college map integration that gives users an instant opinion on which party is likely to win the election, based on real-time odds presented for each state.
Cloudbet saw a significant pick-up in betting activity ahead of the debate: About 10% of the value of all bets on the U.S. election were placed in the 24 hours leading up to the event, a spokesperson for the crypto operator said. Bets on Trump accounted for 90% of the new positions.
âSome people thought that Bidenâs weaknesses were going to get clearly exposed in the debate,â the spokesperson said.
The election map significantly amplifies whatâs on offer at Cloudbet for players seeking the best odds for bitcoin politics betting from the comfort of their homes or on the go. Since it relaunched its website in April, the operator has unveiled a swathe of bold new features to attract a more diverse audience, including esports, USDT betting, and easy credit-card coin purchases.
Founded in 2013, Cloudbet is one of the worldâs longest established bitcoin operators. The site also accepts ethereum and bitcoin cash.
The operator grabbed the attention of industry observers in June with an ambitious English Premier League campaign, under which its sportsbook charged no margin on pre-match bets for all games left in the season. That allowed customers to access the fairest prices — and therefore the highest returns — in the market.
The campaign was an extension of Cloudbetâs long-standing âbest oddsâ campaigns on sports including soccer, basketball and tennis.
Blockchain
MultiversX Unveils Breakthrough In Blockchain Sharding; Enables Hyper-Scalability and Interoperability For Top Network
![](https://europeangaming.eu/portal/wp-content/uploads/2024/06/MultiversX-Unveils-Breakthrough-In-Blockchain-Sharding-Enables-Hyper-Scala_20240610_143935_0000.png)
MultiversX (EGLD), leading smart contract platform known for sharding, has announced the launch of Sovereign Chains, its breakthrough Blockchain-as-a-Service solution for the Web3 ecosystem. The new solution for layer 2s (L2s) inherits and extends further the outstanding capabilities provided by MultiversX, and offers developers a simplified setup process that only takes a few commands.
Beyond industry-leading performance and extended configurability, it also unlocks for the first time seamless interoperability for L2s built atop leading blockchains such as Bitcoin, Ethereum and Solana, solving the issues around fragmentation and isolation. To encourage development on the new Sovereign Chains infrastructure SDK, MultiversX has additionally announced a US$1 million grant program for builders.
In a live demo of the platformâs capabilities, the first Sovereign Chain ever deployed reached a constant throughput of over 70,000 transactions per second. To put this in perspective, existing L2 solutions shifting to Sovereign Chains will be able to see their throughput increase up to 100X. Sovereign Chains make all these leaps in terms of hyper-scalability and interoperability possible with the unique cross-shard module MultiversX operates on, modified and improved for native cross-chain operations, as well as a new consensus mechanism, new execution models and significant VM improvements.
Speaking on the successful rollout of Sovereign Chains, Beniamin Mincu, Co-Founder and CEO of MultiversX, said, âThe Web3 world is encumbered by fragmentation and siloed ecosystems that limit interoperability and suffer from scalability issues. Through Sovereign Chains, we have taken the core capabilities of the MultiversX network – scalability, usability and security – and extended them to create the first truly unified Web3 ecosystem in a developer-friendly interface.â
Developers can leverage the powerful Sovereign Chainsâ stack to create customized private or public blockchains, with a maximum degree of flexibility. They have the possibility to set, for example, gas fees in the token of their choice and build using any virtual machine, including EVM and the MultiversX VM, to suit their needs. Sovereign Chains can communicate natively with each other without external bridges and their associated risks & complexity, thus being ideal for intuitive and secure solutions for diverse sectors, such as healthcare, education, government services, financial systems or supply chain management.
As one of the most robust blockchain architectures globally, MultiversX boasts an ecosystem of 8200 dApps, with a close-knit community of developers & users spanning 40 countries.
One such developer, Alex Jilavu, Co-Founder and Lead Developer at OneFinity Chain, expressed confidence in the potential of Sovereign Chains to streamline both the development process and adoption, adding, âAs a builder, the task of building a project from the ground up is extremely demanding. Sovereign Chains provide the foundational strengths of MultiversX, giving us the room to focus on developing whatâs important for our product.â
OneFinity is working on an EVM-compatible platform, looking to open the Sovereign Chains ecosystem to Ethereum users and developers. It joins other companies such as CyberNetwork (GameFi), and Pi Squared (ZK Tech), leveraging MultiversXâs network sharding technology.
In addition to enhancing performance across blockchain networks, Sovereign Chains further inherits MultiversXâs on-chain 2FA capabilities, offering one of the most powerful security layers for users in all of Web3.
Blockchain
Metalottery Launches Blockchain Lottery Revolution: Zero Fees, Instant Wins and Life-Changing Jackpots in Crypto
![](https://europeangaming.eu/portal/wp-content/uploads/2024/05/9-2.jpg)
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.
âMetalottery is not just another lottery; itâs a paradigm shift. Weâre giving power back to the players by offering a transparent, secure, and exciting lottery experience thatâs built for the web3 age,â Dioni Bouropoulos, COO of Poollotto Finance, said.
Unlike traditional lotteries, Metalottery uses Chainlinkâs 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 platformâs 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 âWheel of Fortuneâ for additional rewards as well as participate in a growing community of lottery enthusiasts on Telegram and Discord.
Bouropoulos added: âOur 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.â
Blockchain
Kore Digital Mining Ltd Announces Additional 14 PH/s Bitcoin Mining Capacity
![](https://europeangaming.eu/portal/wp-content/uploads/2024/04/20-1.jpg)
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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