Blockchain
June 17, 2024
Drake Could Lose $1M in Bitcoin Bets on Stake
In February, Canadian rapper, songwriter, and singer Drake announced he placed a massive bet on the Kansas City Chiefs to beat the San Francisco 49ers at the Super Bowl. This raised concerns among Chiefs’ fans who were familiar with the so-called “Drake curse.” The latter is a belief that all teams backed by the artist […]
Blockchain
June 13, 2024
NHS Wants Crypto Trading to Be Regulated to Curb Addiction
NHS England’s chief executive, Amanda Pritchard, has expressed concern regarding the growing number of youngsters seeking support after getting addicted to cryptocurrency trading. During the NHS ConfedExpo conference held in Manchester following a visit to an NHS addiction center, Pritchard said she wants to see crypto trading be regulated by the government so the harms […]
Legal
June 3, 2024
Convicted Broker Gambled with Money from $1.5M Crypto Scheme
Rashawn Russell, an ex-investment banker and former registered broker with the Financial Industry Regulatory Authority, has been sentenced to prison. The 28-year-old was found guilty of engaging in a cryptocurrency-related scheme that defrauded multiple investors. Court documents show that the Brooklyn man convinced multiple investors to give him money, promising them that he would use […]
Blockchain
May 30, 2024
Crypto Casino MyPrize Goes Live After $13M Funding Round
MyPrize, a crypto gambling specialist, has launched its international real-money gaming platform in international markets alongside a US-oriented social gaming site. The launches follow two funding rounds which helped the company secure $13 million, raising its enterprise value to a whopping $140 million. Thanks to backing from Dragonfly, Boxcars Ventures and ex-Blockchain.com CEO Peter Smith, […]
Industry
May 29, 2024
Bitcasino.io Player Wins $5M Jackpot from Slot
A fortunate Bitcasino player has demonstrated the benefits of consistency, winning three big prizes over the course of the same week. After grabbing two smaller prizes, the player won a huge $3.2 million jackpot, taking their total winnings to over $5 million in USDT stablecoin cryptocurrency. The player won all three prizes playing the Gates […]
Blockchain
May 28, 2024
Donald Trump Grows Lead over Biden with Support from Crypto Voters
Betting on the outcome of political events has been gaining increasing popularity over the last few years. The activity got increased attention from bettors, who also favored other strange bets that deviated from the outcome of sports competitions, including wagers for crypto developments, music concerts and other real-world events. In the last week, Donald Trump, […]
Blockchain
May 15, 2024
Cypher Protocol Contributor Admits to Stealing $260K to Gamble
A core contributor to the Solana exchange Cypher Protocol has stolen hundreds of thousands of dollars to fuel their gambling addiction. The thief, hoak, eventually admitted to the wrongdoing, saying that they don’t expect to be forgiven. Hoak’s crime came to light when another Cypher contributor by the nickname Barrett alleged that the former person […]
Blockchain
May 6, 2024
Man Tied to Alleged ZKasino Scam Arrested in the Netherlands
Authorities in the Netherlands have been alerted to the possibility of the ZKasino scam being conducted out of the country. As a result, a person who is related to the online gambling platform, has been arrested. The Fiscal Information and Investigation Service (FIOD) has confirmed that a 26-year-old man was arrested on April 29, and […]
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 […]
