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What is online gambling? online gambling news, online gambling meaning, online gambling definition - Blockchain.News
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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.

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.

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.

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.

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.

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.

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.

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

How This Startup’s Blockchain Technology Applications in Estonia Verifies Online Identities

There are so many problems in the world. I’m sure you can name them. But here is another one: online identity fraud, which is rampant these days. It’s common, threatening everyone doing business online, especially businesses involving their activities in banking/financial services, online payment services, real estate, insurance, travel, and online market industries. Now, let's take a look at how this Estonian startup utilizes blockchain technology to help protect businesses and their clients from online identity fraud.

Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus

Bitcoin Online Courses Skyrocket by 300% in The Wake of Coronavirus

Many people are enrolling for cryptocurrency and Bitcoin online courses as coronavirus (COVID-19) has necessitated measures like quarantines, social distancing and lockdowns. As the world continues grappling with this infectious disease, people have been made to change their daily lifestyles and settle for alternatives like the online space for knowledge acquisition.

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.

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.

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