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Crypto retail trading should be regulated as gambling: UK lawmakers
17.5.2023
The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed
Valve Updates Steam’s Code Of Conduct, Bans Gambling
11.5.2023
Steam’s online code of conduct just got an update and, for the most part, it’s filled with the expected language prohibiting explicitly illegal activity, harassment, use of cheat programs, and manipulation of the Steam client. But a fresh addition to the code of conduct is a strict ban...
Nifty News: Pudgy Penguins signs with WME, Bitblox to make Web3 gambling games and more....
6.5.2023
Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative “game-ready” 3D assets and art collections
Australian Government Wants To Give 18+ Ratings To Any Game With Gambling
30.3.2023
The Australian Federal Government have announced this week that they’ll be pushing to “apply an R18+ rating to all video games that contain simulated gambling”, a move that appears to be the strictest of its type we’ve seen.Read more
Rap Star Drake Loses $400,000 Bitcoin Bet on Jake Paul in Split-Decision Loss to Tommy Fury
27.2.2023
The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in a split-decision victory. Drake Loses $400K Bitcoin...
Redditor could lose young family after crypto trading addiction spirals
22.2.2023
What began as a Redditor “just dabbling” two years ago blew into full-blown crypto trading addiction that all came to a head three weeks ago
Luxury Rehab Centers Introduce Treatment for Crypto Addiction – Here's Why
6.2.2023
Addicted to watching your crypto portfolio balance? Can't stop staring at those crypto prices? There are now rehab centers for that.
The Balance is a rehabilitation center located on the Spanish island of Majorca - but is not for the empty of wallets. It reportedly cost one person a minimum...
Spanish rehab center adds crypto trading addiction to services list
6.2.2023
The rehabilitation center estimates that about 1% of cryptocurrency traders will develop an "extreme" addiction to crypto trading
ECB’s Fabio Panetta: Unbacked Cryptos Are a ‘Vehicle for Gambling’ Lacking ‘Intrinsic Value’
6.1.2023
Fabio Panetta, part of the Executive Committee of the European Central Bank (ECB), believes that unbacked cryptocurrency assets are vehicles for gambling without intrinsic value, which need to be regulated. In an opinion piece, Panetta states that while cryptocurrency regulation is a good answer...
Lucky Block Crypto Casino: The Best of Both Worlds – Casino Games and Sports Betting
21.12.2022
Lucky Block Casino and Sportsbook has been a popular destination for casino gamers and sports betting enthusiasts since its launch in November, just in time for the FIFA World Cup. Players can enjoy an array of casino games such as slot machines, blackjack, roulette and baccarat while also wagering...
Twitch Star Is Hawking A New Livestreaming Platform Owned By Banned Gambling Site
7.12.2022
A few months ago, the growing presence and influence of gambling sites on Twitch motivated the platform’s top personalities to threaten to strike. Pressure from top streaming celebrities like Pokimane pushed the Amazon-owned site to ban crypto gambling site Stake.com and others that “aren’t...
Metaverse casino served emergency cease and desist to halt NFT sales
21.10.2022
Explaining the cease and desist orders, the Texas State Securities Board in particular likened Sloties’ NFTs to something that is “similar to stock and other equities.”
Pro Poker Cheating Scandal Takes Weird Twist After Crew Member Caught Stealing Chips
10.10.2022
As the fuss following the accusations of cheating against poker player Robbi Jade Lew somehow still rumble on, an investigation by the casino in which the game took place has revealed an employee dipping into Lew’s stack as the brouhaha went down. He took $15,000, before later being caught.Read more
Crypto-Fuelled Gambling Sites Streaming Just Got Banned on Twitch
22.9.2022
Twitch, an interactive live streaming platform popular with gamers, has announced a ban on the sharing referral and promo codes of gambling sites that support placing bets in cryptocurrency.
In a statement shared on Twitter, the U.S.-based company said that the ban which will take effect...
Top Twitch Streamers Like Pokimane, Mizkif Threaten Strike After $200,000 Gambling Scam
19.9.2022
On Saturday, a Twitch streamer named Abraham Mohammed, better known to viewers as Sliker, admitted that he had scammed fans and other content creators out of at least $200,000 to fund his Counter-Strike: Global Offensive gambling addiction. In response, big-name streamers such as Imane “Pokimane”...
Australia’s Northern Territory mulls landmark crypto gambling regulation
24.8.2022
“It's clear from the draft framework that what they're looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet
Meet Blockchain Poker, The Smart And Simple Way To Gamble With Your BTC And BCH
22.8.2022
Online gambling has picked up hugely in the last couple of years, and blockchain has had its share of success with it too. Blockchain-based gambling has solved many issues with traditional online gambling, including lag timings, biased gameplay, and a threat to online transactions. Blockchain...
8 Things More Likely Than Winning The Colossal Mega Millions Jackpot Today
29.7.2022
The Mega Millions lottery is once again making headlines with a current jackpot worth $1.28 billion. It’s the kind of thing that’s nice to daydream about winning in-between scrolling TikTok and ignoring your boss, because of course you won’t win it. The chances are indistinguishable from zero....
Twitch Streamer xQc Claims He Lost Over $1.8 Million Gambling Last Month
5.5.2022
Popular Twitch streamer xQc recently admitted that he lost $1.8 million to gambling over the last month. After news of his losses spread online, his dad called him during a stream to ask if he was okay and to express how worried he was about the streamer’s gambling problems. Read more
Quantum-based random number generator for Web3 games and wallets launched
4.5.2022
The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling