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Blockchain
June 24, 2025
Sleuth Accuses Crypto Guru in Engineering Scam to Fuel Gambling Habit
ZachXBT, a popular Twitter (now X account), who has investigated cases of scam and fraud in the crypto space, has launched a dedicated thread in which it addressed the case of Christian Nieves, better known as Daytwo. Christian Nieves Named by Crypto Sleuth in Coinbase Mirror Sites Scam According to the sleuth, Daytwo is supposedly […]
Blockchain
May 28, 2025
Crypto Lobbyist and Kalshi Board Member Nominated to Head CFTC
Brian Quintenz has been tapped to be the new boss of the US Commodity Futures Trading Commission. A crypto lobbyist, Quintenz is also on the board of directors of Kalshi Inc., one of the companies he will have to regulate should he be cleared for the job at the CFTC. Trump Nominates Crypto Lobbyist for […]
Blockchain
May 27, 2025
Kalshi Expands Crypto Options with Solana
Prediction markets operator Kalshi is now accepting Solana (SOL) as a deposit option for funding user accounts, the US company recently announced. Solana Is Now Available for Kalshi Users According to the Kalshi help center, users can now instantly access their funds, allowing them to start trading right away. This eliminates the typical delays associated […]
Blockchain
April 22, 2025
Crypto Gambling Sites Rake in Over $80B Thanks to Global Legal Gaps
Online casinos that use cryptocurrencies have seen a huge jump in business, with worldwide betting profits hitting $81.4 billion in 2024, five times more than the year before. This growth happens even with lots of rules in place, as millions of players find ways around blocks to use offshore sites that are not regulated. Stake […]
Blockchain
April 16, 2025
Crypto Gaming Struggles to Onboard New Users
As the cryptocurrency sector continues evolving, an emerging trend reveals that crypto gambling platforms could face significant challenges in attracting new customers, particularly those with existing digital wallets. According to recent data by Web3 marketing firm Addressable, crypto gambling ads are among the most expensive user acquisition methods in the decentralized space. Blockchain Casinos Face […]
Blockchain
March 17, 2025
Wire Fraud Charges Lead To CluCoin Founder’s Sentencing in Florida
Over the last few years, highly volatile cryptocurrency markets have made many people millionaires. While some were fortunate enough to make the score of their life, others were not so lucky and lost everything. In one such recent case, investors who supported a charity-oriented cryptocurrency token project lost more than $1 million, after the founder […]
Blockchain
March 10, 2025
Choctaw Pioneers Crypto Gaming in the US via Everi and Bitline
At the end of last year, the Choctaw Nation’s gaming and hospitality arm, Choctaw Casino & Resorts, announced a partnership with the ATP Tour tennis competition, Dallas Open. The move came amid rumors that sports betting in the Lone Star State might materialize in 2025. In another surprising and pioneering move in the industry, Choctaw […]
Blockchain
February 20, 2025
Portnoy Profits Close to $260K from Memecoin Before Collapse
Barstool Sports founder David Portnoy is facing criticism after a memecoin venture that saw him walk away with significant profits while leaving investors empty-handed. Memecoin Drops by 99%, Portnoy Pulls the Rug The controversy erupted when Portnoy launched the $GREED token on the Solana blockchain, acquiring 357.92 million tokens (roughly 35.8% of the total supply) […]
Blockchain
January 30, 2025
BKEX Staff Sentenced over Illegal Crypto Contracts Gambling
At a time when Polymarket and Kalshi have found respite in the United States, with regulators likely to ease up the pressure, China is tightening the screws on crypto contracts. The latest case comes from The People’s Court of Pingjiang County, Hunan Province, where the judge presiding over the case against BKEX, a crypto contract […]
Blockchain
January 13, 2025
Singapore Claims Polymarket Is Illegal, Blocks Access to the Platform
Singapore’s Gambling Regulatory Authority has forced the country’s ISPs to block Polymarket over unlicensed gambling concerns. Polymarket is a decentralized prediction market platform, and although it claims to be different from traditional gambling, it has ruffled regulatory feathers in the city-state, prompting a crackdown. Singapore’s GRA Blocks Polymarket On January 12, users in Singapore who […]
