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Canadian crypto exchange gambled away $9.5M users’ Bitcoin and Ether
13.8.2024
The British Columbia Securities Commission reveals how ezBtc’s founder misappropriated millions in customer funds for personal use, leading to significant investor losses
US Lawmakers Push for CFTC Action Against Election Gambling Amid Polymarket’s Rise
6.8.2024
A group of Democrat lawmakers, including Massachusetts Senator Elizabeth Warren, has penned a letter to Commodities and Futures Trading Commission (CFTC) Chairman Rostin Behnam, urging the agency to prohibit all forms of election-related gambling in the United States. This appeal is timely,...
DraftKings Dumps NFT Business, Citing Legal Developments
30.7.2024
The sports gambling company faces a class action lawsuit alleging its NFTs are securities
Founder's Gambling 'Struggles' Spur Crippling Loss at Crypto Casino Backed by Galaxy
15.7.2024
Galaxy is one of several investors who have accused Richard Kim of misappropriating at least $3.67 million of company funds belonging to Zero Edge, his crypto casino
BetFoxx: Revolutionizing Online Gambling with Innovative Crypto Gaming
26.6.2024
PRESS RELEASE. As a pioneer in the world of cryptocurrency casinos, Betfoxx is transforming the online gambling landscape with its cutting-edge approach to crypto gaming. By offering a wide variety of games, enticing promotions, and exceptional customer service, BetFoxx has established itself...
Polymarket gambler face charges after Taiwan election bet
18.6.2024
A man in Taiwan faces charges for using the crypto betting platform Polymarket to wager on the 2024 elections
Drake on Brink of $1M Bitcoin Loss as NHL and NBA Bets Sour
14.6.2024
Canadian singer Drake is on the cusp of losing $1 million worth of crypto after he placed two individual $500,000 bets on the Edmonton Oilers and the Dallas Mavericks to win their respective Stanley Cup and NBA finals
Britain’s public healthcare chief flags rise in crypto trading addiction
13.6.2024
NHS boss Amanda Pritchard called for action, saying specialist clinics are seeing a rise in young people with crypto trading addictions
Australia cracks down on online gambling with crypto, credit card ban
11.6.2024
The government warned betting companies that failing to comply with the new rules could result in a fine of up to 234,750 Australian dollars ($155,000)
Ethereum’s next upgrade: Prague-Electra (Pectra), explained
11.6.2024
Ethereum is gearing up for its next major upgrade in the first quarter of 2025, codenamed “Pectra,” which will combine the Prague and Electra upgrades
Gambling is on the rise — So why is investing still restricted?
30.5.2024
Americans aren't allowed to make certain investments unless they earn $200,000 annually or they're worth more than $1 million — but they are free to gamble
ZKasino Gives Users 72 Hours to Retrieve Their Ether
29.5.2024
Aggrieved users have been given a 72 hour window to bridge their ether {{ETH}} back to the Ethereum blockchain after having deposits locked up for more than a month
Shiba Inu Holders Shift Funds to This New Crypto Gambling ICO, Eyeing 100x Gains in 2024
24.5.2024
As the Shiba Inu (SHIB) price struggles to escape the magnet pull of its 21 and 50DMAs and remains locked within recent ranges, Shiba Inu holders are shifting funds to a new crypto gambling ICO called Mega Dice (DICE) as they eye potential 100x gains in 2024.
The post Shiba Inu Holders Shift Funds...
FaZe Clan Gets Into Bed With Sports Gambling After Massive Member Purge
16.5.2024
FaZe Clan, the massively popular conglomerate of pro gamers, streamers, and online personalities, is trying to reinvent itself after a catastrophic IPO and recent purge of a majority of its members. It’s now partnering with DraftKings to do that, taking $11 million from the sports betting app...
Crypto casinos can onboard millions of users into Web3 — MyPrize CEO
16.5.2024
On the latest episode of The Agenda podcast, MyPrize founder Zach Bruch makes the case for crypto casinos and online gambling as a path toward mass adoption
Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away
15.5.2024
A pseudonymous developer at Solana-based Cypher Protocol has confessed to stealing approximately $300,000 worth of user funds and gambling them away.
The post Cypher Protocol Developer Confesses to Stealing $300,000 in User Funds and Gambling Away appeared first on Cryptonews
Solana-based Cypher developer confesses to gambling away $300K of user funds
15.5.2024
The insider’s exploit went unnoticed for months, despite over 36 individual transactions
Cypher core contributor admits to stealing $260K and gambling it away
15.5.2024
The contributor, “hoak,” said their actions were due to a “crippling gambling addiction” and “psychological factors that went by unchecked.”
ZKasino scam suspect arrested, $12.2M seized by Dutch authorities
3.5.2024
Authorities seized $12.2 million worth of digital assets, real estate, and luxury cars during the arrest
Dave & Buster's Will Soon Let You Place Bets On Arcade Games
30.4.2024
Starting later this year, popular family entertainment restaurant chain Dave & Buster’s will offer its customers (who are 18 years or older) the ability to place “friendly wagers” on various games using the company’s app. Read more