Cryptocurrency

Electroneum is adapting and changing.

A look at a rare ICO-era survivor: Electroneum, adapting and evolving

By: Olivier Acuña Barba • Published: 06 May 2025 • 15:31 • 4 minutes read Photo: NWM Press| Photo: NWM Press Eight years have passed since ICOs were a booming industry. The ICO boom was an era when crypto projects raised billions of dollars, mostly based on the hype surrounding blockchain technology. The unfortunate fact is that 90 percent of those projects …

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Kidnappers increasingly target crypto millionaires in France, Spain

Kidnappers are increasingly targetting crypto millionaires in France and Spain

By purchasing, you can: Olivier Acuña Barba • Published: 04 May 2025 • 22:43 • 2 minutes read Photo Volodymyr Jamborak/Shutterstock| Photo: Volodymyr Yamborak / Shutterstock The French police are investigating kidnappings involving millionaire cryptocurrency investors. A 60-year old man was stabbed in the finger by attackers demanding that his son, who is a crypto-rich investor, pay a ransom. The Guardian reported …

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The new favourite coin of crypto players has nothing to do with bitcoin

The new favorite coin of crypto players is not bitcoin We can see from online gambling that the trends are usually not loud. The changes are gradual and quiet, but they do creep up on you. Ethereum is currently experiencing the same thing. Bitcoin has been the center of attention for many years. Ethereum, however, was working behind the scenes to create something much more useful. This is not just another crypto coin, but a system. Ethereum has become more than just a payment option. As crypto gambling sites improve, Ethereum will be a preferred method of payment. Many players have made it their top choice. Ethereum is the most popular coin for many reasons. Many people like the speed of Ethereum, while others prefer the flexibility. Smart players have begun to notice the differences. They aren't looking back. Soon, we will see more Ethereum-based casinos. Ethereum and its system You need to look beyond the price charts if you want to understand why Ethereum is so good for gambling. The real power is in the way it works. Ethereum was not built to just store value. It was designed to do things. Smart contracts can be run on its network automatically under certain conditions. It is faster to use the system because no human approval is required. There is also no need to wait for a third-party to process the request. Instant action is possible. This is ideal for online gambling, where timing, trust and clarity are key. Ethereum allows casino platforms to run games that are provably fair, with outcomes recorded and verified in the blockchain. No longer do you have to take the word of the casino. You can verify the evidence yourself on the blockchain. Bitcoin's gambling edge is decreasing Bitcoin is too important to ignore, even if you wanted to. In many places, it still has a dominant position. It's getting old in terms of utility. Bitcoin is slow. Bitcoin is slow. Blocks are verified every 10 minutes and fees can increase without warning. When you're trying to cash out or deposit during a busy time, it can be frustrating. Ethereum can now handle thousands of transactions every second, at much lower costs, thanks to upgrades such as Layer 2 scaling. The experience has become smoother and the delays between updating balances and betting have virtually disappeared. This is a big difference for players who bet frequently or play more often. What's really changing? You must connect your crypto wallet when you log into any crypto gambling platform. You can play within seconds after you have sent over your Ethereum. These platforms are very advantageous. There is no need to verify your card as in other online casinos. No "pending" or under review status. Your bank did not like the direction in which your money was being sent. What if I win and decide to withdraw? Same deal. Same deal. This kind of experience is becoming more and more common. Ethereum is a driving force behind the development of this type of experience. Image: freepik.com Smart contracts are transforming the world Ethereum is a leader in many fields. Smart contracts have been integrated into betting processes on some gambling sites. This means: The blockchain is the only place where you can bet. When results are verified, payouts are automatically made. No room for error or manipulation. The whole process can be automated. You don't have to wait for a payout request. You won't have to wonder if anyone is holding up your withdrawal. It's happening. It's a game that players swear by. , the future of cryptocurrency gambling with Ethereum, is moving towards automation, fairness and complete transparency. Note on anonymity and access Ethereum is not just about the technology. It also offers more privacy. It's not in a shady way, but rather in a practical sense. Today, many players are tired of having to give away their personal information just to play a game. Ethereum does not require you to reveal your financial or personal information. You only need to use your wallet as an access point. Ethereum is a decentralised system, so you don't have to worry about where you live and what currency your bank will accept. The system is global, opening up new gambling opportunities. Keep these things in mind when using Ethereum Ethereum gambling is a game that requires players to learn. If you follow these steps, it will be easier. Create a safe wallet. Learn how to calculate gas taxes (they've dropped but are still there). Blockchain transactions are not reversible. These are minor trade-offs for most players compared to the speed, freedom and transparency Ethereum provides. Why players choose utility over hype Ethereum is not a meme currency. It is not about wild speculations or overnight moonshots. It's all about creating something that works. It's finally being recognized by the gambling industry. Ethereum is a stable, reliable alternative for those who do not want to just hold their crypto but also use it. It's about being practical, not trendy. Practicality is the key. It's already happening quietly, but quickly You will notice the shift in preference soon if you haven't already. Ethereum gambling is not a niche anymore. It is becoming the standard. It's especially true for those who are looking for higher speeds and more trust. No loud revolution is taking place. There are no dramatic headlines. Slow, steady progress towards something better. It's something that works. Ethereum has taken the lead in online gaming, as well as in crypto. You'll soon discover that it can be used for fun. Start playing as a modern internet gambler by checking its details.

We can see from online gambling that the trends are usually not loud. The changes are gradual and quiet, but they do creep up on you. Ethereum is currently experiencing the same thing. Bitcoin has been the center of attention for many years. Ethereum, however, was working behind the scenes to create something much more useful. This is not just another crypto coin, but …

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Trump’s DoJ disbands Crypto Unit – CSN News

Trump’s DoJ disbands crypto unit - CSN News

The Justice Department has started dismantling a unit that investigated crypto-related scams, claiming it was not their job to regulate the sector.  The crypto community was elated to hear that the digital asset markets had recovered 7% in price after several weeks of steep declines. During his campaign, Donald Trump promised to disband the DoJ’s crypto-enforcement unit in order to …

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White House Crypto Summit “This is very important in your lives”, CSN News

White House Crypto Summit: “This is a very important day in your lives” - CSN News

Credit: Shutterstock and Waqas. Credit: Shutterstock & Waqas Creatives The first White House Crypto Summit was held on March 7 by President Donald Trump. It brought together industry leaders from around the world to discuss digital assets. Trump said to attendees that “this is a very significant day in your life”, highlighting his administration’s commitment to the industry. The event …

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Trump announces U.S. Crypto Reserve, sending digital assets soaring. – CSN News

Trump announces U.S. crypto reserve, sending several digital assets soaring - CSN News

Credit: Shutterstock. Credit: Shutterstock, miss.cabul Donald Trump, the U.S. president, announced that he would be creating a “strategic cryptocurrency reserve” which will include five major digital currencies. Crypto markets surged after the announcement made on Truth Social. The post said: “A U.S. Crypto Reserve would elevate this vital industry after years of corruption attacks by the Biden Administration. This is …

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Bitcoin’s price falls to its lowest in 3 months following the Bybit hack, CSN News

Bitcoin hits lowest price in 3 months after Bybit hack - CSN News

Bitcoin’s value is falling again. Credit: Shutterstock, leksiv Bitcoin has tumbled below $90,000 (around €85k), marking its lowest point since November 2024, according to numerous reports, including The Standard You can also find out more about the following: Reuters. The largest cryptocurrency in the world saw a steep drop of up to 7.5% on February 25, before stabilising around $89,314. …

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CSN News: Norwegian authorities expose a crypto-Ponzi scheme worth millions of dollars

Multimillion crypto Ponzi scheme exposed by Norwegian authorities - CSN News

Crypto scam exposed in Norway. Credit: Pexels, Alesia Kozik Norwegian authorities have accused four men of orchestrating an extensive cryptocurrency fraud scheme, which deceived tens of thousands in several countries. The Norwegian Economic Crime Unit has a report on the subject. Økokrim, the fraudulent operation amassed over 900 million kroner (€77.3 million), with more than 700 million kroner (€60 million) …

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