GAMBLING
South Korea Investigates Polymarket Users for Illegal Gambling
South Korean police probe Polymarket users for alleged illegal gambling, marking the first enforcement action against decentralized prediction markets in the country.
Argentina Bill Restricts Crypto Use for Online Gambling
Argentina's new bill targets crypto payments for unauthorized online gambling, marking a significant step in regulating digital betting and payment systems.
Indonesia Blocks Polymarket, Citing Gambling Laws
Indonesia bans Polymarket after bets on President Prabowo’s exit, labeling it online gambling. The move reflects rising scrutiny of prediction markets.
Nansen CEO Predicts Six Key Trends in Crypto
Nansen.ai CEO, Alex Svanevik, outlined six pivotal crypto trends on Twitter, emphasizing the synergy of fintech and crypto, DeFi's potential in gambling, the growing relevance of real-world assets like T-bills, the impending rise of Web3 gaming, SocialFi's development, and Physical NFTs' retail integration. The thread also welcomed community input, reflecting on other emerging trends like blockchain in fantasy sports.
Father of two facing the dire prospect of losing his family forever
A two-year bitcoin trading addiction cost a Redditor $180,000 and maybe his wife and family.
Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs
Winning Poker Network (WPN), a major online poker site, has revealed a surge in demand for Bitcoin payouts.
SEC Charges Crypto Project Unikrn $6.1M for ICO Violations
The Securities and Exchange Commission (SEC) has charged Unikrn for conducting an unregistered initial coin offering of its native token, UnikoinGold (UKG).
Betmatch Employs Blockchain to Revolutionize Sports Betting
Betmatch views blockchain as the perfect technology needed in revolutionizing the sports betting sector based on the decentralized ledger network availed. Blockchain will provide every bettor with optimal transparency as he/she can see the entire bet terms.