Blockchain
February 22, 2023
Hong Kong Considers Crypto Trading, Launches Consultation on Rules
Currently, China has tough regulations when it comes to crypto trading. In fact, the country has cracked down on the activity and banned such transactions in an effort to protect its population from speculative transactions and fraud attempts. This crackdown resulted in many Chinese crypto-focused web3 businesses giving up on the opportunity to operate within […]
Blockchain
February 21, 2023
Bet2Bank Introduces a New and Unique Betting Experience
The project confirmed Monday that the new unique betting experience seeks to eliminate different shortcomings of the traditional centralized wagering platforms. Such deficiencies include a lack of security, high fees, as well as lack of transparency. Bet2Bank users can benefit from accessing different features thanks to holding quantities of BXB tokens. Moreover, the project itself […]
Blockchain
February 20, 2023
World Wide Web Inventor Says Crypto Is Gambling
Tim Berners-Lee was talking to “Beyond The Valley” podcast, a CNBC production, last Friday when he shared his thoughts on the industry and how he felt about cryptocurrencies. He didn’t hesitate to highlight the high-risk profile of such assets – whether when considered as an investment or as part of the broader financial system. Crypto […]
Blockchain
February 17, 2023
Charlie Munger Slams Crypto, Calls it “Stupid Gambling”
Cryptocurrency is a modern phenomenon that has captured the hearts of many people within the gambling industry and beyond. However, recent events have disheartened many crypto enthusiasts and now not everyone is convinced of the potential of cryptocurrency and blockchain technology. Billionaire Charlie Munger for one definitely isn’t. Munger Says Crypto Is “Worthless Shit” During […]
Blockchain
February 3, 2023
Charlie Munger: Cryptocurrencies Are “Gambling Contracts”
Charlie Munger, the right-hand of Warren Buffett, has shared his thoughts about crypto in a new piece for the Wall Street Journal. In it, one of the world’s most successful investors has called the entire sector a “gambling contract” and assured that “the house” had a 100% edge on players. No Winners in Crypto, Says […]
Blockchain
January 30, 2023
W2 Signs Partnership with Crucial Compliance and nChain
The leading provider of regulatory compliance services for the gambling industry has inked the iconic partnership with technology supplier nChain and the one-stop shop for all compliance, regulatory, corporate responsibility, and professional service options for Distributed Ledge Technology. The latter will offer blockchain-powered compliance options to global gaming operators. Together, the trio hopes to strengthen […]
Blockchain
January 26, 2023
Irish Top Banking Official Likens Crypto to Gambling
Makhlouf did not entirely rule out cryptocurrencies as part of finance, but he warned that there should be certain safeguards and that consumers must approach this sector with a few caveats in mind. Cryptocurrencies as Ponzi Schemes The top Irish banker said that crypto that is not linked to any underlying asset is essentially a […]
Blockchain
January 17, 2023
Better Fan Launches Innovative P2E Betting Platform
Better Fan, a Web3-based platform for sports betting, seeks to further capitalize on the popularity of blockchain solutions through its new platform. The company unveiled a project that combines the best of blockchain with play-to-earn (P2E) mechanics. Better Fan Leveraged Web3 Solutions to Create a Novel Platform P2E games have long been popular among fans […]
Blockchain
January 4, 2023
Streamer and Crypto Guru Gambles Away Investor Funds, Issues Apology
DNP3 is the founder of several projects, including the metaverse platform Gridcraft Network, the charity-oriented CluCoin project, and not least, the Goobers NFT. This all sounds good so far as you don’t consider the streamer’s apology which came via a Twitter message on Tuesday. Twitch Streamer Gambles Investor Funds Because of Addiction In it, DNP3 […]
Blockchain
January 4, 2023
BetConstruct Obtains MGA License to Provide Crypto Solutions
The license was issued to Vivaro Limited, which operates the brand. As a result, BetConstruct will be able to benefit from the Virtual Financial Assets mandate and push forward with the adoption of crypto in iGaming and the gaming industry in general. Pivoting Towards Crypto Future for iGaming BetConstruct is similarly interested in bringing to […]
