A new generation of sports betting and casino platform powered by cryptocurrency is now live with BetU designed to create unique gambling sessions that will engage customers in what the company promises to be a “true VIP experience.” BetU promises to stand apart from other crypto-centered casino and betting brands as it will use its […]
California Attorney General’s office launched a new website on Tuesday in a bid to inform consumers about the risks associated with cryptocurrency and more importantly, educate as many people as possible on how to spot and steer clear of cryptocurrency scams that beguile citizens to purchase cryptocurrencies. Open Season on Crypto Scams in California The […]
Troubled cryptocurrency exchange operator FTX Group has filed for protection under Chapter 11 of the US Bankruptcy Code in the District of Delaware, revealed a statement posted on Twitter by the exchange. Filing for Bankruptcy Over 130 affiliated companies, including FTX Trading, West Realm Shires Services, and Alameda Research commenced the voluntary proceedings seeking protection […]
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 […]
Billions of dollars in Bitcoin were seized and their owner finally admitted to acquiring them illegally. The wrongdoer stole more than 50,000 Bitcoin from a shady dark web website. Law Enforcement Uncovered Zhong’s Cache As announced by Damian Williams, the US attorney for the Southern District of New York, and Tyler Hatcher, the special agent […]
An illegal betting investigation in Turkey led to authorities detaining 46 people and seizing crypto worth $40 million, reported Daily Sabah. Organized Crime behind Illegal Betting Following a detention order issued by the Office of the Chief Public Prosecutor, 46 people across eight provinces, Ankara, Batman, Bingöl, Kayseri, Kırıkkale, Muş, Van and Yozgat, were arrested […]
Twitch, the popular streaming platform where every day millions of people spend hours watching live streams from their favorite gamers or even solving math problems in real-time, has recently seen the rise of crypto gambling. Tracing Origins to Counter-Strike Commenting in a podcast for Bloomberg Crypto, Bloomberg video game reporter D’Anstasio shared her view that […]
Betswap.gg, the world’s first decentralized peer-to-peer betting exchange, had its official beta launch. The platform draws attention with its bold claims to shatter the monopoly of high-profile sportsbooks and empower its users. Players wishing to sample this new solution can follow the instructions on Betswap’s official website, though some prior knowledge of blockchain transactions is […]
A popular cryptocurrentcy trading platform accidentally transferred millions of dollars to an Australian woman and failed to notice the error for seven months. Wrongful Refund Made Someone Millionaire Crypto.com, operating as Foris GFS in Australia, made the error while processing a $100 refund in May 2021 and instead of the refund amount, transferred to Thevamanogari […]
A gambling addict from the United Kingdom stole his company’s money to wager on cryptocurrencies. However, his employers eventually learned of his schemes. Mahmood Stole over $33,000 Siraj Mahmood used to work at a JD Sports retail in Manchester. His job was to help unsatisfied customers who had issues with the company’s products or wanted […]
