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Blockchain
May 30, 2024
Crypto Casino MyPrize Goes Live After $13M Funding Round
MyPrize, a crypto gambling specialist, has launched its international real-money gaming platform in international markets alongside a US-oriented social gaming site. The launches follow two funding rounds which helped the company secure $13 million, raising its enterprise value to a whopping $140 million. Thanks to backing from Dragonfly, Boxcars Ventures and ex-Blockchain.com CEO Peter Smith, […]
Blockchain
May 28, 2024
Donald Trump Grows Lead over Biden with Support from Crypto Voters
Betting on the outcome of political events has been gaining increasing popularity over the last few years. The activity got increased attention from bettors, who also favored other strange bets that deviated from the outcome of sports competitions, including wagers for crypto developments, music concerts and other real-world events. In the last week, Donald Trump, […]
Blockchain
May 15, 2024
Cypher Protocol Contributor Admits to Stealing $260K to Gamble
A core contributor to the Solana exchange Cypher Protocol has stolen hundreds of thousands of dollars to fuel their gambling addiction. The thief, hoak, eventually admitted to the wrongdoing, saying that they don’t expect to be forgiven. Hoak’s crime came to light when another Cypher contributor by the nickname Barrett alleged that the former person […]
Blockchain
May 6, 2024
Man Tied to Alleged ZKasino Scam Arrested in the Netherlands
Authorities in the Netherlands have been alerted to the possibility of the ZKasino scam being conducted out of the country. As a result, a person who is related to the online gambling platform, has been arrested. The Fiscal Information and Investigation Service (FIOD) has confirmed that a 26-year-old man was arrested on April 29, and […]
Blockchain
April 12, 2024
CoinGames Introduces Fully Decentralized Gambling Site
CoinGames, the gambling platform that has taken the iGaming world by storm by leveraging the latest in blockchain technology and using innovation in Web3 development and adoption, has created the world’s first fully licensed decentralized gambling site. What Users Can Expect The recently launched web3 casino platform is now providing users with secure and well-streamlined […]
Blockchain
December 1, 2023
CoinDesk: Polygon Labs Gave Special Treatment to DraftKings’ Validator
American gambling giant DraftKings served as a member of Polygon Labs’ validator community. What the latter company did not disclose, though, is that the operator was not truly an “equal member” of the community. As outlined in a report by CoinDesk, a crypto news outlet, Polygon had signed a deal that was incredibly lucrative to […]
Blockchain
November 29, 2023
Bitline Offers Casino Patrons Access to Digital Assets
The growing popularity of online gambling activities creates new challenges for gambling operators across the globe. With the evolution of iGaming, more consumers show interest in using cryptocurrency for online gambling and many casinos online already accept such forms of payment. But while there are crypto-focused casinos, one new application seeks to enable casino patrons […]
Blockchain
November 24, 2023
Singapore Unveils Plans for Stringent Crypto Regulations
Currently, gambling is strictly regulated in Singapore. With online gambling prohibited, residents and visitors can participate in lottery, retail gambling or wagering on horses. However, Singapore residents are subject to additional fees when visiting casinos, an effort by the government to deter them from such activities. In contrast, tourists in Singapore do not need to […]
Blockchain
October 18, 2023
France Passes Sorare Law, Awaits Approval from the Constitutional Council
French blockchain enthusiasts have a reason to rejoice as the Sorare law was passed with overwhelming support. Under the new law, which would provide the foundation for a regulatory framework for games using NFT and crypto features, such titles will not be classified as gambling. Backed by 437 voters and opposed by 77, the so-called […]
Blockchain
October 10, 2023
M88 Mansion Confirms Launch of Online Cryptocurrency Casino
The leading online gaming entertainment platform with a strong presence in Asia, M88 Mansion, announced the launch of its latest venture. The company confirmed Tuesday it launched M88.io, a new cryptocurrency gambling platform that seeks to revolutionize the betting and gaming vertical by delivering unique experiences. M88 Mansion explained that M88.io is a subsidiary of […]
