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Blockchain
September 27, 2024
Binance Collaborates with India Authority, Brings Down Massive Scam
The largest cryptocurrency exchange, Binance, recently helped law enforcement in India to bring down a large-scale scam valued at nearly $50 million. Pig-Butchering Scheme Dismantled The fraudulent action involved an app called Fiewin that lured users into an infamous “pig butchering” scheme by offering easy earnings and low risk. The scammers used a range of […]
Blockchain
September 23, 2024
Motherland Casino by Iggy Azalea Set to Boost MOTHER Token
Iggy Azalea, the famous singer, entrepreneur and recognizable artist, announced the upcoming launch of its new online casino called Motherland. The singer uncovered details regarding the new online casino during her “Motherland Rodeo” event taking place in Singapore on Friday. The Motherland Platform Brings a Range of Casino Games The new online casino is expected […]
Blockchain
September 19, 2024
Trump Becomes the First US President to Complete a Bitcoin Transaction
Ex-POTUS Donald Trump has once again made headlines, this time for becoming the first US president in history to conduct a Bitcoin transaction. Trump, who remains an avid businessman, has long demonstrated interest in the crypto world, hoping for further backing as the November election looms. Trump Made History at the PubKey Crypto Bar The […]
Blockchain
September 12, 2024
New Memebet Casino Token Presale Targets Degen Gamers
Meme coins are the hype of 2024 and while some downturn was seen during the summer, the market for the popular coins that many select as investment is expected to rebound later this year. In the first few minutes of its initial coin offering (ICO), the upcoming GameFi-driven online casino platform, Memebet Casino, was able […]
Blockchain
September 3, 2024
Telegram CEO’s Arrest Reveals Platform’s Channels Ties to Crypto Gambling
The investigation of Telegram chief executive officer Pavel Valeryevich Durov who was recently taken into French police custody triggered serious concerns regarding the promotion of illegal crypto-based gambling sites on the platform “Politically Motivated Arrest” The Russian-born CEO was arrested at an airport north of Paris under a warrant for offenses in relation to the […]
Blockchain
August 26, 2024
Vitalik Buterin Says Polymarket Isn’t Gambling Amid DeFi Discussion
Vitalik Buterin, Ethereum’s co-founder, has opposed the claims that Polymarket constitutes gambling. According to the blockchain expert, this belief marks a significant misunderstanding of the nature of prediction markets. Polymarket Is Not Gambling, Buterin Says Polymarket, for context, is the world’s largest prediction market, offering trading markets on the world’s most hotly debated topics, including […]
Blockchain
August 13, 2024
B.C. Crypto Trading Firm Accused of Defrauding Customers of $13M
The B.C. Securities Commission, the independent provincial government agency that oversees investment markets that benefit the public, released details regarding a probe into a B.C.-based crypto trading platform. The B.C. Securities Commission (BCSC) panel alleged that ezBtc, a platform incorporated by then-B.C. resident, David Smillie, was responsible for diverting approximately CA$13 million of customer assets […]
Blockchain
July 31, 2024
DraftKings to Shut Down NFT Marketplace and Reignmakers
American betting giant DraftKings had decided to shut down its non-fungible token (NFT) marketplace and cease the operation of its NFT-based fantasy sports game, Reignmakers. The decision comes amid legal challenges against NFTs’ status as investable securities. The End of an Era The ongoing challenges the NFT sector faces could have made DraftKings liable in […]
Blockchain
July 16, 2024
Founder of Crypto Casino Admits to Misusing Investor Funds, Resigns
The founder of an up-and-coming crypto casino that seeks to deliver customers odds equal to the ones with the house, reportedly admitted to gambling away a solid sum belonging to investors. The case involves the crypto casino platform, Zero Edge and its founder, Richard Kim. Besides the founder of Zero Edge, Kim was formerly a […]
Blockchain
June 18, 2024
Gambler Charged for Betting on Taiwan Election via Crypto Site
A man in Taiwan has been accused of allegedly using a crypto betting site to wager on this year’s elections. According to prosecutors from the Shilin District Prosecutor’s Office, a man with the surname “Chen” used the Polymarket platform to wager on the result of the elections that ended on June 13. The same Prosecutor’s […]
