Blockchain
August 2, 2022
Alleged $300M Crypto Ponzi Scheme Targeted by US SEC
A pyramid scheme is not a sustainable business model on the blockchain either and Forsage is about to come to the same conclusion. Multinational Operation Worth More Than $300M On Monday, August 1, 2022, the United States Securities and Exchange Commission (US SEC) issued a press release about charging 11 people relating to the alleged […]
Blockchain
July 29, 2022
Apple and Google Asked How They Review Bogus Crypto Apps
Apple and Google are once again in the midst of it, caught in the latest controversy over cryptocurrency scams. While the companies are said to bear no direct responsibilities for nefarious partying using their solutions to conduct unlawful business, Sen. Sherrod Brown begs to differ. Senator Addresses Tech Giants for Explanation on Scammy Apps The […]
Blockchain
July 25, 2022
Sorare Signs Multi-Year NFT Fantasy Football Partnership With AC Milan
Sorare and AC Milan have announced an exciting multi-year deal in which the company that mixes fantasy sports with digital collectibles will turn into the Italian club’s official Non-Fungible Tokens (NFT) fantasy football partner. The exclusive partnership will benefit both parties, along with the over 500 million AC Milan fans spread all over the world. […]
Blockchain
July 25, 2022
Coinbase Employee and Brother Indicted on Inside-Trading Charges
A trio of fraudsters with ties to Coinbase have been busted by the FBI and the Department of Justice, following reporting by a Twitter account by the name of Cobie. Cobie consistently criticized the way listings at the cryptocurrency exchange were happening over the years, and said that many of them appeared suspicious. In fact, […]
Blockchain
May 12, 2022
Five US States Switch Lights on Metaverse Flamingo Casino
The Metaverse is once again under attack from US law enforcement. This time, the Russian Flamingo Casino Club has been targeted by authorities as the Metaverse casino failed to disclose ties with Russia, prompting five states to act against the casino and force it to shut down. Flamingo Casino Club Not What It Claim to […]
Blockchain
May 5, 2022
Theo de Vries: “People Are Addicted to Cocaine and Crypto”
Gambling addiction is creeping on crypto traders in almost imperceptible ways and then it’s too late. The story of Dr Theo de Vries, the managing director of The Diamond Rehab, which focuses on drug and alcohol treatment, in Thailand is one that should resonate with people around the people. According to de Vries, people are […]
Blockchain
May 4, 2022
DraftKings to Release a New Set of Baseball NFTs Alongside Metabilia
DraftKings continues its foray into the world of blockchain, cryptocurrency and non-fungible tokens with the introduction of a new line of NFTs. DraftKings Marketplace Will Get New NFTs The new offering will launch as a collaboration between the betting operator and the digital collectibles store Metabilia. As per the agreement between the two parties, a […]
Blockchain
May 4, 2022
Lucky Block to Offer Seven-Figure in Daily Crypto Prize Draws
Cryptocurrency gaming platform Lucky Block is going ahead with a dedicated daily jackpot prize which will be introduced at some point in mid-May. The total prize pool available in the lottery will start at $2.40 million, the company explained. The company has been gaining traction with players in some of the world’s biggest gaming markets, […]
Blockchain
May 4, 2022
NFT-Betting Platform Stakes Receives $5.3M Investment
Stakes has landed a $5.3-million seed investment which will result in the further development of the free-to-play social gambling platform. Powered by Web3 technology, Stakes wants to become one of the go-to options for innovative recreational gaming over the internet. Web3 Technology Coming to Sports Betting Space Previously operating under IAC, a prominent New York […]
Business
May 2, 2022
Munger Blasts Robinhood for Short-Term Gambling
Berkshire Hathaway vice chairman Charlie Munger has been an outspoken firebrand and as the right-hand of Warren Buffet, his words have had gravitas. He has blasted Robinhood over the weekend for what he described as “disgusting practices” which are now forcing the company to “unravel.” Munger on Robinhood: Too Much of a Good Thing He […]
