Several former FanDuel executives have banded together to launch BetDEX – a new betting product that aims to be the first-ever decentralized sports betting protocol. The company has raised $21 million to jumpstart its operations. BetDEX to Revolutionize Sports Betting BetDEX is being developed by notable people, each with years of experience in the gambling […]
In the fifteenth episode of CoinGeek’s Hashing it Out crypto series, the series’ host, Becky Liggero, traveled to the Esports Insider London and Betting on Sports Europe events. She moderated panels at both events and was happy to welcome Kal Suurkask as a speaker on both. The Integrity Advantages of Blockchain Suurkask is the chief […]
Technology company Lottery.com is expanding its scope of operation with the announcement of a platform that will enable the company to pursue other forms of online gambling, including lottery, sports betting, and sweepstakes. The platform, which is powered by blockchain technology, is still in its early days of development, the company explained. Early Development of […]
CoinGeek has released the 14th episode of its crypto informational series Hashing it Out. In the new episode, seasoned payments and gaming veteran Christian Solomine spoke about the B2B gambling blockchain solutions company BitBoss and the cashless solutions it provides. Cashless Solutions as a Way to Create a Seamless Omnichannel Solomine became a Board Advisor […]
Polymarket, a New York-based cryptocurrency wagering platform, is under investigation by the US Commodities and Futures Trading Commission (CFTC) for breaking financial rules, Bloomberg reported over the weekend. Trading with Derivatives Tasked with regulation for derivatives trading, the CFTC launched a probe into Polymarket, investigating whether the platform is allowing its customers to trade swaps […]
FanDuel former CEO and co-founder Nigel Eccles revealed his latest project, a decentralized sports betting exchange by the fitting name of BetDEX Labs Inc. DEX is short for “decentralized exchange” in blockchain talk and it’s where Eccles’ next venture is heading. He is not alone and is joined by what he describes as two of […]
In the new episode of CoinGeek’s crypto show Hashing it Out, Lloyd Purser, the chief operating officer of FunFair Technologies, spoke about his company’s approach to blockchain and NFTs. FunFair is Developing an NFT-based Racing Game In the interview with Hashing it Out’s host Becky Liggero, Purser explained more about FunFair’s vision. FunFair began its […]
DraftKings Marketplace, a marketplace for non-fungible tokens (NFTs) launched by Boston-based DraftKings, announced today a new collaboration with Ethereum-based platform Polygon. NFT Drops and Secondary Trading The blockchain collaboration between Web 3.0 provider Polygon and the digital collectibles ecosystem built by DraftKings will support custom NFT drops, as well as transactions related to secondary-market purchases […]
Cryptocurrency information and news outlet CoinGeek has held a conference in New York where various industry specialists gathered and provided insights into the past, present and future of crypto. Coingeek’s specialist reporter Becky Liggero Fontana held a panel about how blockchain solutions can revolutionize iGaming and help operators in terms of regulations and compliance. During […]
Two Canadian financial regulators have issued a warning to crypto trading platforms, citing obligations related to marketing, advertising, and social media use in the country. The Canadian Securities Administrators (CSA) and the Investment Industry Regulatory Organization of Canada (IIROC) produced a joint guidance letter on the safe uses of marketing efforts and warned against “gambling-like” […]
