Blockchain Cryptocurrency and its Effects on Gambling Industry 258

Ask around, and there are few people who have not heard of cryptocurrency. A few years ago, the concept was as abstract as astrophysics, but now everyone wants in on this new phenomenon. Before we delve into the intricacies of cryptocurrency and the blockchain technology that makes it all possible, it’s important to understand what it is. In its simplest form, cryptocurrency like Bitcoin offers a decentralized alternative to traditional transactions processing. The entire blockchain – the algorithmic code – that underpins the Bitcoin markets is not governed by a regulatory authority, a central bank, or any government. It is comprised of a series of decentralized nodes made up of everyone who is on the network. Such a concept has widespread applications. For starters, it provides near zero transactions costs, fees and commissions, rapid processing of transactions, no middlemen are required, and there is virtual anonymity depending on the network that is used to transfer the cryptocurrency. For poker aficionados, gambling gurus, and slots players this is a godsend.

One of the biggest problems that exist in the online gaming arena is regulation. People who are responsible by their very nature and wish to dabble in online poker games, online blackjack games, or online slots games may be prevented from doing so by state or federal regulations. In the US, the 2006 UIGEA created many obstacles for online poker 888 players and online casino players alike. On one fateful Friday – dubbed Black Friday – the world’s leading online poker rooms closed up shop after the Department of Justice and the FBI announced they would be shutting down major online poker rooms.

Did the UIGEA Facilitate the Rise of Bitcoin for Poker Players?

According to the DOJ, they were in contravention of the Federal Wire Act and were involved in money laundering activity. The problem at the time (and it remains a federal law) is that banks and financial institutions are not allowed to process transactions to online betting sites. Leading online poker operators fled the US, returning in late 2013 after the state of New Jersey opened up online gaming to its residents.

Can Bitcoin and the blockchain technology that it is fashioned off provide the necessary solution to players wanting to enjoy real-money poker games like Texas Hold’em, Omaha Hi, Razz, Caribbean Stud Poker, 7 Card Stud and others? The answer is a definitive yes. Since Bitcoin is not fiat currency, and it is not operated by banks or financial institutions – there is no reason why it cannot be accepted by online poker rooms of the major brands. By dint of its decentralized status, it is an accepted form of digital payment.

The widespread acceptance of Bitcoin in modern-day society is it saving grace. More e-commerce transactions, more online gaming sites, more business to consumer operations are now accepting digital currencies than ever before. The explosive growth of Bitcoin in Q4 2017 has brought this cryptocurrency to the attention of the masses. From under $1,000 per coin at the start of the year in January 2017, Bitcoin rallied by almost 2,000% to hit $20,000 before retreating to $15,000 per unit.

Is Bitcoin Online Gaming Going Global? 

Figures aside, the rapid rise in cryptocurrency is due to its mainstream acceptance throughout Asia and other parts of the world. The UK, EU, Australia, US, Canada, South Africa and other countries are now dabbling in Bitcoin trading, investing, and transactions processing. Bitcoin wallets and trading platforms are now pervasive and ubiquitous. Poker players were among the first to cotton on to this idea, as they believe theirs is not a gambling game – it is a strategy-based game. As such, the concept of ‘betting’ is less of a gamble than it is a punt on one’s abilities as a skillful player.

So, what are the advantages of playing poker with Bitcoin? For starters, poker players do not have to worry about regulatory authorities clamping down on their gaming activity since Bitcoin poker is not regulated by financial institutions. This confers many additional benefits on players such as freedom to play Texas Hold’em at any time. Since no fees need to be paid while transactions are being processed, online poker rooms like 888 poker and online poker players needn’t worry about these extra costs.

Another benefit of using Bitcoin for poker is the issue of inflation. Since inflation is impossible with Bitcoin – only 21 million BTC will ever be available in circulating supply, the quantity that is currently available is limited. This means that markets can never be flooded with excess BTC – only incremental amounts (fractional amounts) will be released at a decreasing pace. We already see this with huge dollar volumes of BTC trading, and low nominal volumes owing to the high price

Why have online poker rooms been slow to adopt Bitcoin?

Remember that Bitcoin was created by an entity, individual or group of people known as Satoshi Nakamoto back in 2008. When the white paper was released and Bitcoin was offered to the markets, it was worth mere fractions of a penny per unit. The currency was mined by powerful hardware and software and computer techies. As the currency gained greater traction with users, its value steadily increased and it hit a high of around $20,000 in 2017. It is possible to exchange this digital currency for goods and services, and fiat currency as well.

We have already listed several of the benefits associated with Bitcoin use for online poker games. In addition to its store of value function (a limited supply of BTC will be made available), the anonymity and safety features of Bitcoin are sacrosanct. Bitcoin poker games suffer from several problems including cryptocurrency thievery, fierce competition from other cryptocurrencies such as Ethereum, Litecoin, Ripple, Bitcoin Cash etc., and a low acceptance rate owing to its prohibitive transactions processing speed. Currently, only 7 transactions per minute can be processed by Bitcoin, while other options like Ripple can process thousands of transactions per second. Poker rooms also have to deal with the bureaucracy – the paperwork needed to maintain the books.

So, how will Bitcoin and online poker gel in the future? To put it mildly, top online poker rooms will be looking at ways of incorporating cryptocurrency in their range of accepted payment options if all the checks and balances add up. Bitcoin may not be the most efficient digital currency to use, given its slow processing times. However, poker players appear to be more interested in using their credit cards and their cold cash to fuel their strategic gameplay than pie-in-the-sky concepts like the bubble that may be Bitcoin.

Is BTC Ironclad?

The issue of counterfeit activity is impossible with BTC given that each Bitcoin has a unique signature (code) attached to it. Since poker aficionados are dealing with finite quantities of authentic non-fiat currency, there is no risk of fraud with the cryptocurrency being used. A caveat is in order for poker fans – the security of Bitcoin wallets and cryptocurrency data must be safeguarded at all times. And if you’re rushing to cash in on a poker tournament, you don’t need to worry about a bank wire being processed – Bitcoin transactions and other cryptocurrency options can be processed immediately. Withdrawals are a lot quicker from your online poker account as well.

Several leading poker rooms now facilitate Bitcoin (BTC) transactions processing for the many benefits that it confers upon players. Bitcoin casinos and poker rooms are rapidly growing in number, and for good reason. It is important to understand that cryptocurrency is inherently volatile, and winnings of X amount of Bitcoin can be worth significantly more or less in fiat currency at any given time. Currently, there are well over a dozen leading online casinos providing gaming options with BTC. Many of these online casinos and online poker rooms offer exclusive payments processing with Bitcoin, while others have included it as part of their range of payment options. We are on the cusp of major change in the gaming arena, and it is largely thanks to the widespread adoption of BTC in countries like South Korea, Singapore and the Philippines.

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Legit Security Releases MCP Server, Adding Trust and Security to AI-Led Coding 356

Legit Security, a global leader in AI-native application security posture management (ASPM), today announced a major new feature that furthers its commitment to better serve the AI-first developer community: Legit MCP (Model Context Protocol) Server. With this new offering, Legit brings ASPM to AI-led development, making vulnerability management as simple as asking a question.

Through the Legit MCP Server, AI code assistants like Cursor, GitHub Copilot, and Windsurf leverage Legit to determine the security of generated code, enforce guardrails to prevent issues, and drive automated remediation. Acting like an “API” to interface with AI agents, the Legit MCP Server provides development teams with the ability to run in-code vulnerability checks during the pre-production development process within numerous code editors and IDEs. As an open standard supporting different AI systems, MCP can universally connect with any AI-agnostic code editor and directly with the data source.

Why This Matters for Developers

AI is revolutionizing how software gets built — faster, smarter, and more autonomously. But it also introduces more risk than we’ve ever seen and upends application security, which wasn’t designed for AI-driven development processes. Legit ASPM is the first and only AI-native ASPM platform purpose-built to secure today’s development workflows, including those with AI at the core. The Legit MCP Server gives developers real-time security insights and remediation embedded directly into their AI-powered assistants — no learning curve, no context switching, all in natural language.

“AI has completely changed the way engineering teams build software and created an opportunity to bring security directly into that process,” says Liav Caspi, co-founder and CTO at Legit. “Additionally, empowering security teams to leverage AI through Legit’s application security data fabric holds enormous untapped potential that we are just beginning to uncover. The ability to extract any security posture report you want just by asking your favorite AI chat is a game changer. Legit MCP empowers developers and AppSec with the ability to run security checks on the go, with no learning curve, while making secure coding 100 times easier, faster and just more enjoyable.”

Why Now

Developing software at speed and in a cost-effective way has arrived, but real-time integration of security has lagged behind. Legit MCP enforces enhanced quality and security at every stage of development, guaranteeing AI-generated code is automatically investigated, remediated, and verified.

For more details on the Legit MCP, visit https://www.legitsecurity.com/blog/meet-legit-mcp.

To see the Legit MCP Server in action, join us on Tuesday, July 15th, for an interactive session and demo: https://info.legitsecurity.com/legit-mcp-server-empowers-ai-led-development.

About Legit Security

The Legit Security ASPM platform is a new way to manage application security in a world of AI-first development, providing a cleaner way to manage and scale AppSec and address risks. Fast to implement, easy to use, and AI-native, Legit has an unmatched ability to discover and visualize the entire software factory attack surface, including a prioritized view of AppSec data from siloed scanning tools. As a result, organizations have the visibility, context, and automation they need to quickly find, fix, and prevent the application risk that matters most. Spend less time chasing low-risk findings and more time innovating.

Bitcino Casino Joins Forces with AI Powerhouse ‘Mr.House’ — The Future of Crypto Gambling Is HERE! 379

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In a bold move that redefines the future of online gambling, Bitcino Casino has integrated Mr.House a groundbreaking AI-driven management platform into its crypto casino infrastructure. Built as a fully autonomous operational layer for iGaming platforms, Mr.House is an independent, intelligent entity now being deployed by Bitcino to automate, optimize, and scale every aspect of casino operations.

As the first casino to adopt Mr.House’s full suite of tools, Bitcino is leading the charge in bringing AI-powered automation to the crypto gambling industry blending performance, innovation, and user-centric design in a way no traditional platform can match.

What is Mr.House?

Mr.House is an advanced network of AI agents purpose-built for online casinos and sportsbooks. Designed to run 24/7 with zero downtime, Mr.House handles everything from dynamic marketing and SEO to risk management, player engagement, and affiliate automation all without human intervention.

Bitcino is the first casino to fully integrate Mr.House’s capabilities, instantly setting a new standard in the world of decentralized online gambling.

Core functions include:

  • Targeted marketing across Telegram, Discord, and Twitter/X 
  • Personalized live chat support and player interaction 
  • Real-time sportsbook odds and automated betting suggestions 
  • Custom bonus delivery based on player behavior and game history 
  • Automated affiliate and referral program tracking 
  • Intelligent content generation for SEO growth 
  • Ongoing fraud detection and risk-managed bankroll allocation

Bitcino: The First Mr.House-Powered Crypto Casino

Bitcino is a fully anonymous, no-KYC, crypto-based casino and sportsbook offering high-speed gameplay, fast crypto transactions, and global access. With Mr.House embedded into its core systems, Bitcino now delivers a completely reimagined online gambling experience smarter, faster, and more responsive than ever before.

Bitcino’s standout features include:

  • A rich library of provably fair casino games, including slots, blackjack, roulette, live dealer tables, and crypto-native games like Crash and Plinko 
  • Support for major cryptocurrencies with instant deposits and withdrawals 
  • Fully AI-managed referral and affiliate programs, allowing users to earn from every dollar wagered by players they invite 
  • A unique revenue-sharing token model, distributing 50% of platform profits to token holders 
  • Real-time platform optimization, bonus tuning, and content updates — all powered by Mr.House

Referral Rewards Reimagined

With Mr.House overseeing Bitcino’s affiliate and referral infrastructure, both users and partners can benefit from a seamless, performance-driven system. Affiliates earn up to 30% of profit generated by their referred players, while regular users earn a share of total wagering volume creating a sustainable, long-term incentive for community growth.

This smart referral structure offers a competitive edge over traditional casino affiliate programs, thanks to its real-time tracking and transparent payouts.

Mr.House and Bitcino: A New Era for Crypto Casinos

As Mr.House prepares for broader deployment across the iGaming space, Bitcino stands as the flagship example of what’s possible when AI is given full operational control of a casino platform. The partnership doesn’t just improve efficiency it redefines the player experience, removes human bottlenecks, and enables Bitcino to scale globally with minimal friction.

By integrating bleeding-edge technology and focusing on key concepts such as:

  • Crypto casino 
  • Bitcoin gambling 
  • No KYC casino 
  • Fast payout casino 
  • Online casino referral program 
  • Decentralized sportsbook 
  • AI-powered online casino

.. Bitcino is rapidly establishing itself as a dominant force in the online gambling space, building a strong and unmistakable identity that resonates with players worldwide.

Try Bitcino Today Powered by Mr.House, Built for the Future

Whether you’re a player looking for fast, private, and fair crypto gambling, or a partner ready to monetize your traffic with real earning potential, Bitcino Casino offers an experience like no other fully optimized by AI, fully built for Web3.

Check out Bitcino and stay connected:

Visit the official site: bitcino.com
Explore the latest sports insights on the blog: betting.bitcino.com/
Follow us on Twitter/X for real-time updates: x.com/bitcinocasino

Choosing Your Right Trading Partner with SignalPlus 533

SignalPlus, founded in 2021 and headquartered in Hong Kong, is an industry-leading provider of trading software and infrastructure. Trusted by institutional partners across the ecosystem, the company delivers advanced analytical tools for options, perpetuals, and spot markets to traders worldwide.

Key features designed for high-pressure decision-making include:

  • Smart Dealing – live P&L visualisations with one-click order management
  • Risk Scenario – instant stress tests that model extreme market moves
  • Trading Compass – AI-curated news flow and alt-coin signals highlight emerging trends
  • RFQ for Block Trades – transparent and competitive pricing for large trades executed on Deribit

Backed by the recent closing of its $11 million Series B round led by AppWorks and OKX Ventures, SignalPlus reaffirms its commitment to building the best-in-class infrastructure that brings institutional-grade tools to the public domain. Looking ahead, SignalPlus will continue to scale R&D and compliance operations from our Hong Kong base, delivering durable, globally relevant infrastructure for the next chapter of digital-asset markets.

Torram launches dApp challenge with 3M tokens up for grabs to bring institutional DeFi apps natively to Bitcoin 540

Torram is putting out the call to builders: launch real DeFi applications on Bitcoin L1 and win up to 1 million Torram tokens each. The team behind Bitcoin’s first complete middleware stack has kicked off the 1M Token Developer Challenge – a multi-phase competition rewarding developers building Bitcoin-native dApps. With Torram Testnet V2.0 now live, the network unlocks programmability and a new token standard natively on Bitcoin – no bridges, no L2s, and no wraps.

With Bitcoin hitting all-time highs above $110K and mainstream momentum building, there’s never been a better time to build. Developers can now deploy on Bitcoin with block times as fast as 60 seconds without bridges or L2s.

“Torram network cures Bitcoin’s limitations and amplifies its strength. Our BUIDL thesis has been – do what’s possible on Bitcoin, and leave the rest to Torram. Now, you can witness that with Torram network V2.0,” Lee Raj, Co-Founder & CTO said.

Torram Momentum

  • 30+ validators live on testnet including BitGo, Allnodes, Stakely, Validation Cloud, Republic
  • 20+ dApps committed including Ordinal Hive, bitSmiley, and Sundial
  • Backed by Draper Associates, Blockchain Founders Fund, Side Door Ventures, Deep Ventures, Boost VC, Trive Digital, Silvermine, MH Ventures, and Bitcoin Ai Startup Lab

The 1M Token Developer Challenge: Build Fast, Win Big

*Phase 1: 30-Day Testnet Sprint (July 1–30)
Be early, be rewarded. The first 10 dApps deployed to Torram earn 200,000 tokens each.

*Phase 2: 90-Day Testnet Marathon (Aug 1–Oct 31)
Build big, scale fast. Rank in the top 3 for usage and earn 1 million tokens each.

Eligible categories include: stablecoins, RWAs, DEXs, collateral lending & borrowing, trading and institutional-grade Bitcoin apps.

Built for Builders

Torram Network 2.0 is the result of over a year of R&D to deliver what Bitcoin has been missing: expressive programmability, real-time on chain price data, and ERC20 behaviour to Bitcoin native assets.

Today’s Bitcoin-native stack is fragmented and modular. But Bitcoin itself is monolithic by design, and Torram believes its surrounding infrastructure should be too. This reduces complexity and eliminates common failure points seen in modular stacks.

This is Bitcoin’s Ethereum moment. With Torram, builders can finally unlock the functionality of Ethereum and other chains without leaving Bitcoin’s trust layer.

“Torram gives builders not just tools, but a foundation: smart contracts, oracles, and a programmable token standard. We’re creating the layer devs need to launch scalable DeFi applications,” Vakeesan Mahalingam, CFA, Co-Founder & CEO said.

Start Building on Bitcoin Today

  • Join the @torrambuilders Telegram
  • Apply to the Token Developer Challenge
  • Mainnet Launch: Q1 2026 – Early builders get priority for grants and spotlight.

About Torram

Torram has pioneered the first complete end-to-end full stack infrastructure & middleware solution for institutional use cases & applications natively on the Bitcoin network making Bitcoin more useful than just a store of value, and solving fragmented infrastructure for dApps and builders.

Gelato and Morpho Partner To Offer Embedded Crypto-Backed Loans for Wallets, Brokers, and Fintech Apps 537

The partnership offers white-labeled, non-custodial, and Web2-like stablecoin loans embedded directly in your wallet or application.

Gelato, the web3 developer cloud platform, together with Morpho, the decentralized lending protocol behind some of the most trusted lending infrastructure in Ethereum, today announced the launch of Embedded Crypto-Backed Loans.

The new partnership enables Wallets, Brokers, and Fintech Apps to allow their users to instantly borrow stablecoins, like USDC, using their crypto assets as collateral. The borrowing flow has a simple, Web2-like experience that is non-custodial and fully onchain. By combining Gelato’s Smart Wallet SDK with Morpho’s permissionless lending markets, the two teams offer a complete borrowing flow that platforms can securely integrate in days.

Crypto-backed loans are fully non-custodial and onchain, governed entirely by smart contracts. Users can initiate loans in an onchain bank account powered by embedded wallet infrastructure, 7702-powered smart accounts, gasless transactions, and the ability to execute multiple transactions in a single click.

Morpho, which Coinbase recently partnered with to enable similar BTC-backed loans, brings proven lending infrastructure with over $6.5 billion in total value locked. Gelato’s Smart Wallet SDK, used by companies such as Safe, Infinex, and Gnosis Pay, handles account abstraction, one-click onboarding, and gas sponsorship, enabling applications to deliver modern, web2-style user experiences.

“We’re excited to see more platforms bring crypto-backed loans to users in a self-custodial way,” said Paul Frambot, CEO of Morpho Labs. “Morpho is built to be integrated, and Gelato makes it easy to deliver a seamless UX on top.”

Embedded Crypto-Backed Loans are designed to meet the needs of both consumer and institutional users, offering a simple, intuitive interface while preserving the non-custodial guarantees that users and platforms increasingly expect.

Key Features

  • Borrow USDC in one click using crypto assets like BTC as collateral
  • Fully non-custodial and onchain
  • No credit checks required
  • One-click wallet creation via email, social login, or passkeys
  • EIP-7702 powered Smart Wallet Account
  • Embedded UX with full brand control
  • Gasless transactions across +50 EVM chains

Later this year, Gelato will introduce new security and recovery features to extend the smart wallet stack. These include passkey authentication, multi-signer two-factor approvals using regulated custodians, and onchain recovery modules tied to email or social logins. All upgrades are implemented at the smart contract level to maintain full decentralization.

A full demo of the product is available at: https://morpho-aa.demo.gelato.cloud, showcasing the end-to-end borrowing experience from wallet creation to BTC collateralization and loan issuance.

Embedded Crypto-Backed Loans are now available in beta on Polygon, Arbitrum, Optimism, and Scroll, with support for Katana coming soon. Gelato and Morpho are working closely with additional chain teams to expand deployment in the months ahead.

About Morpho

Morpho is a decentralized lending protocol, powering open, onchain money markets. It enables pooled and peer-to-peer borrowing with programmable risk parameters and oracle-based pricing. With over $6.5 billion in total value locked, Morpho is one of the most widely adopted lending platforms in Ethereum.

Users can learn more at https://morpho.org/

About Gelato

Gelato is Web3’s Developer Cloud, providing enterprises with critical infrastructure to build web2-like non-custodial applications at scale. It offers developer tooling for smart wallets, gas abstraction, and deploying enterprise-grade rollups. Gelato is used by leading apps, wallets, and protocols across the EVM ecosystem to deliver seamless, secure, and fully onchain user flows.

Users can learn more at https://gelato.cloud/

Oomnitza Unveils Product Release: Supercharging Asset Lifecycle Visibility, Compliance, and Data Center Control 519

AI-powered compliance, smarter SaaS governance, and modern DCIM expand enterprise IT resilience and operational velocity

Oomnitza, a recognized leader in AI-era IT Asset Management (ITAM), today announced its latest product release, delivering powerful advancements across SaaS governance, audit readiness, integration reliability, and infrastructure management. The update introduces Doc Agent, an AI-powered audit documentation engine; expanded SaaS and software lifecycle automation; and a new Data Center Infrastructure Management (DCIM) solution purpose-built for modern data center needs.

“As hybrid infrastructure expands and AI workloads explode, IT teams need more than visibility—they need velocity and control,” said Donna Wilczek, Chief Product Officer at Oomnitza. “With this release, we’re embedding intelligence so our customers can automate audit processes, rein in SaaS sprawl, and manage their entire infrastructure lifecycle – endpoints to data centers – from a single syndicate of record.”

Release Highlights

  • Smarter Compliance & Documentation – AI-generated, always-current documentation for workflows, integrations, and configurations, plus IP-level activity logs; and migration tagging for full audit traceability.
  • Unified Software & SaaS Lifecycle Management – Centralized SaaS-user views with license forecasting, usage tracking, one-click offboarding, and automated ingestion of role and activity data from SaaS platforms.
  • Asset-Centric DCIM – New Data Center Infrastructure Management delivers lifecycle tracking, predictive workflows, and warranty automation—built for GPU-intensive AI clusters and hybrid environments.
  • Reliable, Scalable Integrations – Enhanced diagnostics, version-change logs, and field mapping preservation across 1,500+ turnkey connectors ensure resilient, low-risk integrations.
  • Platform Experience Boosts – Detailed import logs, expanded custom object capabilities, and a shopping-cart-style request portal streamline clean data entry and self-service workflows.

All features are now generally available to Oomnitza customers.

About Oomnitza

Oomnitza turns technology investments into a competitive edge. We deliver complete visibility across the entire IT ecosystem, ensuring accurate data, enhanced security, and optimized performance. With agile workflow automation and an asset-centric approach, Oomnitza helps organizations reduce costs, improve operational efficiency, and unlock profitability in a technology-driven world. Learn more at www.oomnitza.com.