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Business
April 8, 2024
Rivalry Is Interested in B2B Licenses and More Crypto Options
In February, the globally licensed sportsbook and industry underdog built through the love of gaming and internet culture, Rivalry, announced plans for a strategic expansion as a result of the success recorded by its in-house online casino. Now, the company that wishes to “establish the future of betting entertainment for the next generation of consumers […]
Business
March 27, 2024
MyPrize Closes Funding Rounds, Enjoys Enterprise Value Soar to $140M
The first online crypto casino, promising to revolutionize the gambling industry thanks to multiplayer capabilities, MyPrize, is preparing to launch its platform and technology this spring. Ahead of the launch, the company confirmed it completed two funding rounds, raising some $13 million. Thanks to the recently completed funding rounds, MyPrize’s enterprise value soared to a […]
Insider
December 7, 2023
Kalin Kalinov: “We are actively contributing to the evolution of crypto payments”
In this Conversation with CoinPayments CMO Kalin Kalinov, we take an extensive look into the iGaming industry and its adoption of digital currencies in the face of cryptocurrencies. The company further outlines its own time-tested and resilient approach that allows it to carry forth despite the challenges in the sector, delivering an impactful and business-defining […]
Blockchain
December 1, 2023
CoinDesk: Polygon Labs Gave Special Treatment to DraftKings’ Validator
American gambling giant DraftKings served as a member of Polygon Labs’ validator community. What the latter company did not disclose, though, is that the operator was not truly an “equal member” of the community. As outlined in a report by CoinDesk, a crypto news outlet, Polygon had signed a deal that was incredibly lucrative to […]
Blockchain
November 29, 2023
Bitline Offers Casino Patrons Access to Digital Assets
The growing popularity of online gambling activities creates new challenges for gambling operators across the globe. With the evolution of iGaming, more consumers show interest in using cryptocurrency for online gambling and many casinos online already accept such forms of payment. But while there are crypto-focused casinos, one new application seeks to enable casino patrons […]
Blockchain
November 24, 2023
Singapore Unveils Plans for Stringent Crypto Regulations
Currently, gambling is strictly regulated in Singapore. With online gambling prohibited, residents and visitors can participate in lottery, retail gambling or wagering on horses. However, Singapore residents are subject to additional fees when visiting casinos, an effort by the government to deter them from such activities. In contrast, tourists in Singapore do not need to […]
Legal
November 22, 2023
Binance and CZ Plead Guilty to Money Laundering
The world’s largest cryptocurrency exchange, Binance Holdings Limited, and its founder and CEO, Changpeng Zhao, pleaded guilty to violating anti-money laundering regulations in the United States, the US Attorney’s Office, Western District of Washington announced Tuesday. The guilty plea seeks to resolve an investigation by the Justice Department into violations of the International Emergency Economic […]
Industry
November 6, 2023
Unlocking the Future of iGaming: Visit CoinPayments at SiGMA World Malta 2023
In the fast-moving world of iGaming, staying ahead of the curve is not just an advantage; it’s a necessity. The landscape of iGaming is constantly evolving, and to thrive, businesses must embrace innovation and cutting-edge technology. One such revolutionary force making waves in the iGaming industry is cryptocurrency, and there’s no better place to understand […]
Legal
October 20, 2023
Miami Man Sentenced to Prison for Cryptocurrency Fraud
A growing number of scams seek to attract investors with lucrative offers for low risk and high return. Amid the increasing popularity of crypto, more scammers emerge with new and innovative ways to trick people, taking their money away and this is precisely the case of a Miami man who was recently sentenced to prison. […]
Blockchain
October 18, 2023
France Passes Sorare Law, Awaits Approval from the Constitutional Council
French blockchain enthusiasts have a reason to rejoice as the Sorare law was passed with overwhelming support. Under the new law, which would provide the foundation for a regulatory framework for games using NFT and crypto features, such titles will not be classified as gambling. Backed by 437 voters and opposed by 77, the so-called […]