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 […]
Among a number of revelations about the big companies in the cryptocurrency industry, from Crypto.com holding 20% of its reserves in the meme token Shiba Inu, and FTX holding $9bn in liabilities against just $1bn of cash on hand, a new report outlined how Binance is managing its own funds. Primarily seen as the last […]
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 […]
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. […]
The rapprochement between Binance and FTX has hit a snag, as the former has withdrawn from a proposed bid to buy out its competitor, a Binance spokesperson has confirmed. The two companies were at each other throats over the sale of FTT tokens, minted by FTX, amid a market-wide collapse for the cryptocurrency industry, which […]
The Australian Securities & Investments Commission (ASIC) has published a ten-point advice in which the regulator outlined how to detect and avoid scams and what to do if a consumer has already fallen for one. This publication is part of Scams Awareness Week, which ASIC is keen to address as the number of fraudulent investment […]
Binance and FTX have decided to bury the hatchet, but judging from the days of public squabbling between the two biggest offshore cryptocurrency exchanges, it seems that one is in a more favorable position. FTX, which has been suffering the financial pinch of the “crypto winter” has reached out to Binance for a buyout, which […]
The global decentralized sports betting exchange, BetDEX Labs Inc., announced that BetDEX Exchange became the first licensed and regulated sports betting exchange on the blockchain. The announcement came Tuesday and sees the BetDEX Exchange gain licensing under the Isle of Man Gambling Supervision Commission (GSC). Isle of Man Issues BetDEX Exchange License Effective immediately, BetDEX […]
SOFTSWISS, a provider of online iGaming solutions and an innovator in the use of digital currencies for the purposes of gaming, has released a new update for its comprehensive solution. The company has reported that it has created a new in-game currency conversion feature that is now incorporated into its dedicated casino platform which will […]
