A leading Chinese cryptocurrency mining enterprise announced today a restructuring of the business to de-consolidate subsidiaries related to its lottery operations. VIE Structure Eliminated Bit Mining Limited is eliminating its variable interest entity (VIE) structure and related Chinese lottery business for nil consideration, the New York Stock Exchange (NYSE)-listed company revealed in a press release. […]
Sports betting and tech company DraftKings is expanding into yet new ambitious sector with a dedicated NFT marketplace. DraftKings Set to Build an NFT Ecosystem with Marketplace DraftKings has always had a bit of a soft spot for technology. Now, the company is breaking away from its fantasy and sports betting realms to branch out into […]
In episode seven of Hashing It Out, Transmira founder Robert Rice reveals what benefits augmented reality, together with Bitcoin SV technology, may bring for casino operators. Rice acknowledges the importance of BSV’s high scalability. Furthermore, he predicts that augmented reality (AR) may be used in the future for marketing campaigns, as well as bridging the […]
Elas Digital, a software company in the blockchain space, has submitted a report to the Australian Senate detailing the capabilities of Bitcoin SV. The paper was submitted as part of a larger batch of 60 papers from industry reps, including crypto exchange Kraken, banking and insurance firms, regulators, and even Australia’s central bank. Elas argues […]
Sorare is reportedly sitting on top of a fresh $532-million investment, per a report by Business Insider released on Wednesday. Sorare Potentially Supercharging Offer with $532m Investment Paris-based NFT digital collectibles platform Sorare continues to build upon its offering, with the company expected to announce a $532-million capital raise, part of its latest efforts to secure additional […]
The world’s first crypto gambling lottery, Crypto Millions Lotto, is now looking for affiliate partners through a newly-minted program. Draw Your Lucky Numbers, Get Paid in Crypto Gaming with cryptocurrencies is slowly but steadily gaining traction. While offshore operators tend to use Bitcoin payments as a way of circumnavigating strict regulations, there are, in fact, plenty of […]
The latest episode of Hashing It Out show with host Becky Liggero Fontana features Alex Shore, CTO at BitBoss, and Lin Zheming, founder of DotWallet. In the fifth episode of Calvin Ayre’s show, the two industry professionals reveal the importance of BSV’s Dynastic update and how the iGaming industry can benefit from BSV wallet apps. […]
Would-be Dogecoin millionaire Glauber Contessoto is convinced that DOGE is a HODL even after the crypto token’s price crashed further this week. HODL to Your Dogecoin, Says Contessoto How much would you have made off your cryptocurrency investment if you were Glauber Contessoto? The young New Yorker made headlines earlier this year when Dogecoin soared to […]
Following an order by Iranian President Hassan Rouhani to temporarily suspend Bitcoin mining in the country, police have stepped in to get offenders in line. Illegal Bitcoin Miners Raided in Police Operation Iran seemed to be giving crypto miners a warm welcome that, in fact, turned out to be the cold shoulder. The country’s electricity crisis […]
President Biden’s nominee for the Treasury Department’s terrorism and financial intelligence arm, Brian Nelson, vows to create the necessary crypto regulations to meet AML goals if confirmed. Regulating AML and Crypto Is Nelson’s Main Objective After the US Securities and Exchanges Commission (SEC) recused itself of regulating cryptocurrencies, or at least stated that it would not be looking too […]
