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PlayChip Listing Goes Live Around the World

Zoltan Tundik



PlayChip Announces Conor McGregor coach Owen Roddy as Brand Ambassador
Reading Time: 2 minutes


The Universal Gaming Token will list on cryptocurrency exchanges Independent Reserve, HitBTC and LATOKEN.

The PlayChip Foundation has announced the official listing of its PlayChip token.

The ERC20 token, PlayChip, will go live and commence trading on Australia’s first regulated cryptocurrency exchange Independent Reserve, as well as top ten exchanges HitBTC, and LATOKEN on Wednesday January 30th.

The PlayChip was one of the rare success stories in 2018 token sales, attracting participants in more than fifty countries and recognition at major international blockchain events.

The listing follows the first integration of the PlayChip into the gaming platform of operational partner PlayUp.

PlayUp operates several gaming products including one of the world’s premier fantasy sports platforms. In Q1 of 2019, PlayUp plans to activate and award over US$1 million in prizes across major sporting events such as the Super Bowl, Big Bash and Six Nations Rugby Tournament.

“This has been a fantastic week for the PlayChip,” said PlayChip Foundation Director Daniel Simic.

“The sports betting and gaming market is primed for blockchain integration. This industry was integral in driving mass adoption of the internet in the late 90’s, and with the crypto revolution upon us, punters and gamers will once again be the first to experience this next-generation technology, with the PlayChip at the forefront of this revolution.”

“We have achieved what a fraction of blockchain-based projects ever accomplish. The PlayChip has been well adopted and demonstrated mainstream appeal with a level of utility most tokens won’t see for years, if at all.”

“While we are very proud of what we’ve achieved so far, this is only the beginning. Big things are in store for the PlayChip”.

PlayChips can be purchased within Australia from Independent Reserve, and internationally on HitBTC and LATOKEN from Wednesday January 30th.

About PlayChip

PlayChip is the Universal Gaming Token for sports betting, gaming, fantasy sports, and eSports, at the centre of an incentivised, blockchain-enabled sports community and gaming ecosystem. The PlayChip Ecosystem consists of seven partner platforms with more than a million users across over 70 countries. The PlayChip ecosystem is designed to be secure, scalable, simple to use, and fun, as well as include features to incorporate provable fairness into PlayChip transactions and the partnered gaming platforms, making it the gaming token of choice around the globe.

For more information, please visit: or read the PlayChip Whitepaper:

About PlayUp:

PlayUp Limited is a Universal Gaming Platform offering Daily Fantasy Sports, sports and race betting, fantasy stables, eSports, and casino table games. PlayUp makes up the team behind the PlayChip and operates, ClassicBet, Draftstars, Betting.Club, TopBetta, & MadBookie. PlayUp Limited will deliver the world’s first fully-integrated, blockchain enabled global fantasy sports, online sports betting and gaming ecosystem.


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Kriptomat adds Zimpler as a payment option in Sweden, Finland and Germany

George Miller



Kriptomat adds Zimpler as a payment option in Sweden, Finland and Germany
Reading Time: 2 minutes


Zimpler continues their foray into the cryptocurrency market by going live with the Estonian crypto exchange Kriptomat. The fundamental idea behind Kriptomat is to bring cryptocurrencies to every household. The focus is on the simplicity of service and making sure that the users truly understand what they are doing.

“We are thrilled to get the opportunity to improve the payment experience for Kriptomats mobile customers. Kriptomat distinguishes themselves in the cryptomarket by their focus on simplicity and mainstream users. Which is amazing, because it’s such a neat alignment with Zimpler and our values”, says Jonas Persson, VP Sales at Zimpler.

Dejan Davidovic, CBDO and co-founder at Kriptomat adds
“We are at a point where classical currencies and cryptocurrencies meet, and the logical step was to introduce payment methods to make that process even more fluent. The first new payment method we chose to add is Zimpler from Sweden. Like Kriptomat, they are an innovative, trusted, secure and user-experience oriented fin-tech service. Their on-boarding process is one of the easiest I’ve seen so far and it was a logical step for us to integrate with them. People from Sweden, Finland and Germany can now enter the world of cryptocurrencies even easier, using the integration of two user trusted partners.”

Kriptomat offers 30 cryptocurrencies in pair with euro and their service is available in 20+ languages.

About Kriptomat:

Kriptomat is one of the best cryptocurrency platforms to buy, sell and store your favourite digital currencies. Designed for non-tech savvy people focused on introducing the benefits of cryptocurrencies to a wide audience.

Trust, security, and transparency are three of our core values, which is why we hold operating licenses issued by the Financial Intelligence Unit for providing services of exchanging a virtual currency against a fiat currency (License No. FVR000079) and providing a virtual currency wallet service (License No. FRK000060).

Kriptomat is a web platform, and it is available as a mobile app for Android and iOS. Kriptomat is a self-funded company and plans to open for investments in 2019.

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With the online gambling credit card ban hovering in the UK, what are the options?

George Miller



With the online gambling credit card ban hovering in the UK, what are the options?
Photo Source: Dmitry Moraine on Unsplash
Reading Time: 4 minutes


In March 2018, the UK Gambling Commission stated that it would consider banning the use of credit cards at online gambling websites. The announcement of a potential credit card ban came following the gambling authority’s report into how to make online gambling safer, deeming the removal or restriction of credit card payment options being a viable course of action to help restrict the possibility of people accruing gambling debts or gambling more than they can afford. The UK Gambling Commission found that between ten and 20 per cent of all deposits made to gambling websites are done so via the use of a credit card, which means that as much as one-fifth of online betting and gaming in the UK is being done with borrowed money. The problem is exasperated when it is considered that most credit card companies treat transactions to gambling websites as treat cash advances, which do not come with an interest-free period, entail a higher interest rate, and often incur a handling fee.

The culture secretary, Jeremy Wright, intends on holding meetings between major retail banks and online gambling operators to discuss the concern that as much as 20 per cent of deposits to gambling sites are made with credit cards using money that the players don’t own. The UK Gambling Commission seeks clarification on the statistic. They will be launching a call for evidence in February and are welcoming suggestions from the Responsible Gambling Strategy Board, which may result in increased credit card regulation or a complete credit card ban.

Up to one-fifth of online gamblers in the UK use credit cards to place deposits at online gambling websites. It appears to be very likely that the UK Gambling Commission will regulate a credit card ban, which will lead to a large number of players needing to adopt a new payment method. Online gambling websites that offer their services in the UK often accept many different payment methods, so those who are expected to soon be without their preferred method of making a deposit or withdrawal should be able to find another option which is safe and suits their needs.

Gamblers’ other options in the instance of a credit card ban

The vast majority of online gambling websites allow for the use of credit cards as a means of making deposits, and some allow for the method to be used when making a withdrawal, but not all sites will accept the entire range of other payment methods or payment services. The acceptance of specific e-wallets, instant banking methods, cryptocurrencies, payment gateways, and pre-paid cards is at the website’s discretion, so those looking for a new service with which to make payments will need to check which services can be used at each website as well as if the website allows for both deposits and withdrawals through the same service.

One of the more traditional methods is that of the bank transfer. Some players perceive the method as unsafe due to the assumption that the transfer would reveal bank details, but bank transfers do not disclose this information and also allow players to deposit very large amounts. The downside to the payment method is that it takes much longer than other methods, with players often waiting several days before the funds appear in their gambling account. Wire Transfer allows users to make deposits and withdrawals at some online gambling websites, and iDeal caters for bank transfer deposits.

The most modern method which is also deemed to be the safest due to its use of blockchain technology is that of making a cryptocurrency payment. Cryptocurrencies have become popular over the last couple of years, leading to many online gambling websites allowing for the use of different forms of crypto. Due to the decentralised nature of cryptocurrencies that utilise the public ledger system of a blockchain, users trust that their crypto and details are safe with each transaction. Crypto is tamperproof, safe, fast, cheap, and it removes the middleman between the player and the operator. The most commonly used of the cryptocurrencies is the blockchain originator, Bitcoin, but others such as Ethereum and Litecoin can also be used as payment methods. Cryptocurrencies could become the next choice for current credit card users following the news that Binance, one of the world’s largest cryptocurrency exchanges, is now accepting credit cards for crypto payments, creating a way for players to use their credit cards via cryptocurrencies at online gambling websites that accept the payment method.

At online gambling websites and across online shopping websites, e-wallet services have become commonplace, and many people who are looking to make payments online seek vendors who offer e-wallet payment services, particularly if said customers are worried about the safety of their bank details. E-wallets allow for payments from the e-wallet account or directly from a bank account online without the need to input bank or card details. PayPal is the most popular e-wallet service in the UK, with the vast majority of online gambling sites that allow for the payment method accepting it for both deposits and withdrawals. Other services such as ecoPayz, Skrill, and Neteller are also popular, but it’s more common for online gambling sites to not allow withdrawals to these e-wallet services.

People seeking alternative payment methods, should the credit card ban come into force, can also turn to pre-paid cards like PaySafeCard, electronic fund transfers through the use of debit cards or e-checks, and payment services providers like Instadebit.

The UK Gambling Commission is expected to publish its new strategy concerning the use of credit cards on gambling websites in April; the authority looks set to ban the popular payment method, so current users will need to find a new way of making deposits and withdrawals at online betting and gaming sites.

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Cryptocurrency hackers swindle $2.5M through online game chat

Niji Narayan



Cryptocurrency hackers swindle $2.5M through online game chat
Photo Source:
Reading Time: 1 minute


Turkish hackers have stolen $2.47 million worth of cryptocurrencies from unsuspecting users using the chatting platform of an online game.

The crypto exchange found out this novel mode of theft and immediately alerted the police. The police quickly intervened and prevented further damage. The hackers managed to swindle 13 million Turkish lira ($2.47 million).

They used the chatting platform of popular gaming website PlayerUnknown’s Battlegrounds (PUBG), to communicate with each other. PUBG is the fifth ranked in the list of highest selling games in the world.

The police have arrested 24 suspects from various provinces such as Ankara, Istanbul, Bursa, Antalya, Izmir, Edirne, Bolu and Afyonkarahisar.

The police have so far recovered 1.3 million lira ($250,000) in crypto and 54,000 lira ($10,300) in cash from the suspects. The recovered crypto has been returned to the crypto exchange. The police did not reveal the identity of the crypto exchange.

The police released two of the 24 suspects after they completed their legal procedures at the police station. The rest of the suspects went on to an Istanbul Courthouse. Here, the court restrained six of them, releasing the remaining sixteen “on condition of judicial control.”

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