Search Results for "gambling industry"
South Korea to Pump In a Whopping $12.8 Million into Blockchain Industry
The adoption of blockchain technology is set to reach unprecedented levels in major countries, as recently announced by China’s President Xi Jinping. South Korea intends to follow suit based on the revelation made by the Ministry of Science and ICT that USD 12.8 million will be channeled to blockchain projects in 2020.
Argentina Adopts Blockchain Technology for Traceability in the Citrus Industry
The citrus supply chain is one of the most fragmented and complex of all supply chains. The production is found all over the world, thus making several intermediaries and producers difficult to identify and trace. The Argentine Citrus Federation (Federcitrus) incorporated blockchain into the agency’s informatics system to provide traceability of fruit export products.
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.
Will Bitcoin Ever Get Widespread Adoption in the iGaming Industry?
Bitcoin is now over a decade old, although it has only been known and talked about among the general public for the last few years. During the Bitcoin boom of late 2017, we saw endless reports of the ever-growing value of the token and much speculation of how it would continue to rise to tremendously as time goes on.
China Tightens Regulation on Tech Industry, Sinking Alibaba and Tencent Stocks on Single’s Day
China's regulatory clampdown on the technology industry has resulted in Chinese tech shares' underperforming on the stock market.
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.
Bitcoin, Crypto and Porn: Will the Adult Industry Boost the Market?
The adult porn industry is a massive sector. Will it give crypto adoption a boost in the right direction? With many coins already in use, what has happened?
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.
G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence
According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.
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.
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.
Present-day Blockchain Industry Hindered by Structural Scarcity of Talents
The growth of the current blockchain sector is being hampered by the lack of enough structural expertise.