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Online Casino MetaWin hacked for $4 million — ZackXBT
3.11.2024
According to cybersecurity firm CertiK, losses from digital asset scams and cybersecurity exploits topped $129 million in October
Ethereum Investors Eye Gambling Token Mpeppe for New Profit Opportunities
14.10.2024
Ethereum (ETH) remains a leading cryptocurrency in the DeFi space, holding the second-largest market capitalization after Bitcoin. However, recent price fluctuations have made it unstable, influenced by U.S. election trends, economic indicators, and global geopolitical situations. As a result...
Crypto Firms Eye Top Football League Sponsorships as Gambling Platforms Get Ousted
12.10.2024
Crypto firms are making a big entrance into the Premier League this year, reaching an all-time high in the money spent on sponsorship deals. These firms, including high-profile crypto exchanges and decentralized finance platforms, aim to replace traditional gambling brands that are being ousted...
Bitcoin retraces to $59K amid altcoins stagnant with ‘regulatory hurdles’
10.10.2024
Bitcoin has fallen below the crucial $60,000 price level. Meanwhile, a crypto analyst highlights that altcoins with strong fundamentals aren't seeing price spikes due to "regulatory hurdles."
Only 12.7% of crypto wallets report profits on Polymarket
9.10.2024
Only 12.7% of Polymarket users have made a profit in prediction markets, with the majority earning less than $100, according to onchain data
UK Gambling Commission charges Sorare for unlicensed facilities
27.9.2024
The French website offers NFTs for fantasy sports team competitions and as collectibles.
Fantasy Sports Company Sorare Charged With Providing Unlicensed Gambling Facilities in U.K.
27.9.2024
Sorare was charged with violating the Gambling Act 2005 in the regulator's first move against a blockchain-based platform
Will Trump pardon SBF? 6 weird Polymarket betting pools on US politics
24.9.2024
As the US elections approach, crypto policy betting surges on Polymarket. From traditional political predictions to quirky, unexpected wagers, users are placing bets on what’s to come
FBI Cracks Down on Illegal Gambling Network Using Fake Crypto
19.9.2024
A Denver resident has been convicted of running an illegal gambling business involving several parlors across Colorado. The scheme involved electronic games and a fake cryptocurrency to conceal the exchange of credits for cash, revealing fraud and money laundering. The only function of this crypto...
‘Explosion’ in election gambling will harm public interest: CFTC
16.9.2024
The US commodities regulator says prediction markets can be vulnerable to “spectacular manipulation.”
'An Explosion of Election Gambling' Is Nigh, CFTC Warns Appeals Court
15.9.2024
The regulator pleaded with the court to halt Kalshi's political prediction markets for the duration of the CFTC's appeal
Indonesia considering Telegram ban over lack of moderation
29.8.2024
Telegram has reportedly failed to improve moderation and issue a resolution over illicit content distribution after several requests from Indonesia
Clucoin Founder Pleads Guilty to Crypto Fraud, Confesses to Personal Use of Investor Funds
23.8.2024
The founder of cryptocurrency project Clucoin has pled guilty to wire fraud, admitting to diverting $1.14 million in investor funds for personal use, including gambling. Despite promoting the cryptocurrency for charitable causes, Taylor used his social media influence to attract investments, which...
CluCoin Founder Pleads Guilty to Stealing $1.1M of Investor Funds for Online Gambling
22.8.2024
The founder of Miami-based crypto project CluCoin has pleaded guilty to stealing over $1 million from investors and spending the money at online casinos
Memecoin casino: $100 bet on Pump.fun has worse odds than roulette
14.8.2024
Traders are disillusioned with the ultra slim chances of picking a memecoin winner
Canadian crypto exchange gambled away $9.5M of 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
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