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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.
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.
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.
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.
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.
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).
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.
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.