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UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia

UNODC: Surge in Cryptocurrency Misuse and Technology-Driven Crime in Southeast Asia

The UN Office on Drugs and Crime's latest report reveals an alarming increase in cryptocurrency misuse and advanced technological crime in East and Southeast Asia. The study focuses on the challenges faced by law enforcement against the backdrop of evolving online casinos, cyberfraud, and tech-driven underground banking networks.

Top 5 Bitcoin Casino Sites in 2020

Top 5 Bitcoin Casino Sites in 2020

As we delve into this year's best online Bitcoin casinos, you'll discover the most worthwhile bonuses, the best selections of games and where to play safely.

How The Casino Industry is Gaining Profit Amid The COVID Lockdown

How The Casino Industry is Gaining Profit Amid The COVID Lockdown

Analysts from Morgan Stanley have predicted in a recent online publication that the impact of Coronavirus in the U.S., which has led to the shutdown of casinos, could lead to faster growth of the online sports betting industry, and online casinos. The countrywide lockdown that was instituted to control the spread of Covid-19 has spurred an interest in online gambling for individuals involved in the industry, as well as attracting new customers.

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Gambling Rings Use Cryptocurrency to Transfer $145.5 Billion of Funds Outside China Every Year, Official Report Reveals

Government officials identified that cryptocurrencies are used to collect and transfer 1 trillion yuan out of China to online gambling and casinos every year.

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

Two Canadian Nationals Face Two Years in US Prison for Alleged Bitcoin Fraud

The US Department of Justice has sentenced two Canadian nationals to two years in the US federal prison for using a fake Twitter account to steal Bitcoins from an innocent US victim.

Poker Players Are Improving Their Winning Odds with Bitcoin Cash Outs

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.

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

Huobi COO Reportedly Under Investigation, with $400M Sent to Crypto Exchange

According to Chinese Media, crypto exchange Huobi Chief Operating Officer (COO) Robin Zhu was under investigation by the Chinese police.

MintDice—Rolling the Dice on Trust

MintDice—Rolling the Dice on Trust

MintDice is an online cryptocurrency casino that leverages the immutable trust-machine Blockchain. No, blockchain does not magically turn losers into winners or improve their odds, but players on the site will be able to know for certain that the odds didn’t change mid-spin, the game was played properly, and the stakes were real on both ends.

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair’s New Crypto Wallet Intended for Blockchain Mass Adoption

FunFair, a decentralized gaming platform has developed a new non-custodial crypto wallet, intended for propelling blockchain mass adoption.

MintDice Bitcoin Casino—Bringing Trust to the World of Online Gambling

MintDice Bitcoin Casino—Bringing Trust to the World of Online Gambling

Online gambling is one of the fastest-growing markets in the world since the mass adoption of smartphone technology and increased global internet access. The industry is very divisive however and its opponents cite the high levels of fraudulent sites and scams.

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

US Justice Department Charges Six People for Laundering Drug Cartel Money Using Crypto

The US Eastern District Court of Virginia has charged six people for allegedly involved in laundering millions of dollars for Mexican drug cartels using cryptocurrency.

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament Considers Petition for Crypto Fraud Victims Fund

European Union Parliament is considering a petition from a consortium of individuals and companies to establish a restitution fund for victims of crypto-fraud.

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