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Blockchain
May 5, 2022
APE Holdings Enters the Metaverse, Launches Asia Tigers Club
Asia Pioneer Entertainment Holdings (APE Holdings), a supplier of gaming equipment based in Macau, announced its entry into the metaverse with the launch of the group’s first non-fungible token (NFT). Determined as a Tiger Asia Tigers Club, an NFT collection of 8,800 Picture For Profile (PFPs) unique and fashioned images of tigers based on the […]
Blockchain
May 5, 2022
Theo de Vries: “People Are Addicted to Cocaine and Crypto”
Gambling addiction is creeping on crypto traders in almost imperceptible ways and then it’s too late. The story of Dr Theo de Vries, the managing director of The Diamond Rehab, which focuses on drug and alcohol treatment, in Thailand is one that should resonate with people around the people. According to de Vries, people are […]
Blockchain
May 4, 2022
DraftKings to Release a New Set of Baseball NFTs Alongside Metabilia
DraftKings continues its foray into the world of blockchain, cryptocurrency and non-fungible tokens with the introduction of a new line of NFTs. DraftKings Marketplace Will Get New NFTs The new offering will launch as a collaboration between the betting operator and the digital collectibles store Metabilia. As per the agreement between the two parties, a […]
Blockchain
May 4, 2022
Lucky Block to Offer Seven-Figure in Daily Crypto Prize Draws
Cryptocurrency gaming platform Lucky Block is going ahead with a dedicated daily jackpot prize which will be introduced at some point in mid-May. The total prize pool available in the lottery will start at $2.40 million, the company explained. The company has been gaining traction with players in some of the world’s biggest gaming markets, […]
Blockchain
May 4, 2022
NFT-Betting Platform Stakes Receives $5.3M Investment
Stakes has landed a $5.3-million seed investment which will result in the further development of the free-to-play social gambling platform. Powered by Web3 technology, Stakes wants to become one of the go-to options for innovative recreational gaming over the internet. Web3 Technology Coming to Sports Betting Space Previously operating under IAC, a prominent New York […]
Blockchain
May 3, 2022
Crypto Investment Is Gambling Cybersecurity Expert Says
Investing in cryptocurrency has been all the rage, especially after the endorsement by Visa, PayPal, and Tesla of popular digital assets such as dogecoin, bitcoin, and ethereum. Yet, to cybersecurity expert Bob Seeman investing in crypto is no better than gambling. He described any investment moves in the space not as making down a prescient […]
Blockchain
April 25, 2022
Crypto Traders Recount How They Developed Gambling-Like Addiction
Stevie Rojas recently spoke to Bloomberg going into detail about how he got hooked on crypto trading and how a gambling-like addiction took over his life choices. Now, though, Rojas is clean and has quit what he considers a bad habit in retrospect. Rojas’ introduction to cryptocurrencies followed a familiar formula. He is one of […]
Blockchain
April 25, 2022
Man Arrested in New York over $1.8m Crypto Mining Fraud
Cryptocurrencies are associated with fraud, but law enforcement is getting increasingly better at cracking down on fraud on all levels of the blockchain. The case of Chester J. Stojanovich is another example of how efficient the US Department of Justice has become in cracking down on financial crime pertaining to the sector. Man Promises Unlimited […]
Blockchain
April 22, 2022
Crypto Gamble Pays Out $163B to Investors in 2021
Cryptocurrencies are a gamble. Their value may go up, but then again – it may go down. Much of the value of crypto seems to be unpegged to any central authority and prone to sudden swings, and therefore much more akin to gambling than investing in the stock market, for example. However, 2021 was a […]
Blockchain
April 21, 2022
Monero Remains Most Used Ransomware Cryptocurrency
A new report by crypto and blockchain analytics firm CipherTrace has taken a look at the increased use of privacy-oriented cryptocurrencies such as Monero that are continuing to be a preferred payment option for criminals who launch ransomware attacks on civil and governmental infrastructure across the world. Monero Is Go-To Cryptocurrency for Ransomware Hackers Monero […]
