The Eastern Shawnee Tribe of Oklahoma and Lucky Lady Games have teamed up to create a metaverse-powered online gaming experience that will be available in the state and linked to the tribe’s land-based operations. To make this a reality, the two companies are working on a project that will add flair and excitement to the […]
BetDex has launched its exchange on the Solana mainnet blockchain platform and is already accepting real money wagers just in time for the ongoing 2022 FIFA World Cup in Qatar. BetDex argues that its platform offers sports fans a much better experience as it won’t charge any fees placed on FIFA World Cup games, thus […]
A new generation of sports betting and casino platform powered by cryptocurrency is now live with BetU designed to create unique gambling sessions that will engage customers in what the company promises to be a “true VIP experience.” BetU promises to stand apart from other crypto-centered casino and betting brands as it will use its […]
Sorare and the French gambling authority, Autorité Nationale des Jeux (ANJ), have come to an understanding with the popular NFT collectable issuer agreeing to expand its free-to-play product after the watchdog raised concerns about the current business model. Sorare Demonstrates Regulatory Compliance ANJ has been particularly concerned with making sure that Sorare operates a legitimate […]
A class action lawsuit filed by attorney Adam Moskowitz has been filed against FTX’s former chief executive and a host of celebrities in a court in Florida. The complaint argues that the defendants had perpetrated a Ponzi Scheme. A Ponzi Scheme Perpetrated on American Consumers Among the people named in the complaint are Sam Bankman-Fried […]
California Attorney General’s office launched a new website on Tuesday in a bid to inform consumers about the risks associated with cryptocurrency and more importantly, educate as many people as possible on how to spot and steer clear of cryptocurrency scams that beguile citizens to purchase cryptocurrencies. Open Season on Crypto Scams in California The […]
A new survey by Basel, Switzerland-based Bank for International Settlements has revealed that retail investors who chose Bitcoin as their preferred option have made a smaller return in the period 2015-22 than they would have if they were simply playing online slots. An estimated 73-81% of all retail investors actually ended up losing money, the […]
Troubled cryptocurrency exchange operator FTX Group has filed for protection under Chapter 11 of the US Bankruptcy Code in the District of Delaware, revealed a statement posted on Twitter by the exchange. Filing for Bankruptcy Over 130 affiliated companies, including FTX Trading, West Realm Shires Services, and Alameda Research commenced the voluntary proceedings seeking protection […]
SOFTSWISS, the first iGaming software company to work with cryptocurrencies, posted a new report about the performance of crypto coins across key products. Through this report, the company seeks to familiarize other players in the sector with the potential of crypto. SOFTSWISS Published Its Report 2022 has been a very favorable period for the company […]
FTX is facing one trouble after another. The cash-strapped cryptocurrency exchange has been going through some rough times. Not only did Binance pull out of a proposed takeover deal but is the company now facing an investigation by the Department of Justice and the US Securities and Exchange Commission over criminal activity and securities offenses. […]
