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China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

China’s Digital Yuan Launch Could Threaten Macau’s Gambling Industry

Gambling businesses in Macau fear that the launch of digital yuan would render them obsolete.

The Truth Behind Crypto and Online Gambling

The Truth Behind Crypto and Online Gambling

Internet proliferation has enabled cryptocurrencies to emerge as convenient payment avenues in online gambling as hundreds of betting sites offer this option acting as the icing on the cake in this sector.

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.

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.

Dutch Authority Seizes €12 Million in Gambling Platform Scam Investigation

Dutch Authority Seizes €12 Million in Gambling Platform Scam Investigation

The FIOD has arrested four people and seized €12 million in an investigation into a major online gambling platform scam.

Father of two facing the dire prospect of losing his family forever

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.

The Top 10 Bitcoin Exchanges for Casino Players

The Top 10 Bitcoin Exchanges for Casino Players

Exploring the 10 best Bitcoin exchanges for online casino players, mostly looking for newcomer-friendly sites and a couple of more advanced propositions.

Betmatch Employs Blockchain to Revolutionize Sports Betting

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.

Nansen CEO Predicts Six Key Trends in Crypto

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.

SEC Charges Crypto Project Unikrn $6.1M for ICO Violations

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).

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese Authorities Caution Against Crypto Betting for 2024 Presidential Election

Taiwanese authorities warn against using cryptocurrency betting platforms for the January 2024 presidential election, amid ongoing investigations and multiple arrests.

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

Mobius Capital Partners CEO Says Trying to Predict Bitcoin Price is "Loser's Game"

CEO of Mobius Capital Partners, Mark Mobius has become the latest Bitcoin critic to slam the unpredictable nature of BTC, comparing investment in cryptocurrency to gambling.

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.

Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco

Barred from Leaving China? Tron Founder Justin Sun Surfaces in San Francisco

Justin Sun was on the border control list by the Chinese government that can restrict him from travelling abroad due to alleged illegal fundraising, money laundering, gambling and involvement in pornography according to Caixin. However, on a live video broadcast on Justin Sun’s Twitter, he shows the Bay Bridge in the background, which meant he appeared to be in San Francisco.

New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme

New York Man Charged with Defrauding Investors $4.5 Million in Cryptocurrency Investment Scheme

A New York man has been charged in US federal court with defrauding investors out of millions of dollars in crypto assets that he used on offshore gambling sites. A criminal complaint was filed on July 9, and the US Attorney’s Office charged Douglas Jae Woo Kim, 27 years old, with wire fraud in which he allegedly conned three investors out of over $4.5 million of Ethereum and Bitcoin.

Ethereum Express Establishes Two Pilot Projects Encompassing Over 48,000 Users

Ethereum Express Establishes Two Pilot Projects Encompassing Over 48,000 Users

Ethereum Express (EEX), a community-driven decentralized ecosystem, has revealed the launching of two pilot projects that will comprise of more than 48,000 users. These initiatives are utilizing the Proof-of-Authority-based Ethereum Express blockchain to boost the productivity of their business procedures.

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.

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.

UK Tax Authority Updates Its Guidelines for Crypto Taxation

UK Tax Authority Updates Its Guidelines for Crypto Taxation

HMRC updates its guidelines for crypto – taxation, relating to both individuals and businesses. The new guidelines explicitly state that crypto-currencies are not considered as ‘money.’

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