Blockchain
May 4, 2022
NFT-Betting Platform Stakes Receives $5.3M Investment
Stakes has landed a $5.3-million seed investment which will result in the further development of the free-to-play social gambling platform. Powered by Web3 technology, Stakes wants to become one of the go-to options for innovative recreational gaming over the internet. Web3 Technology Coming to Sports Betting Space Previously operating under IAC, a prominent New York […]
Blockchain
May 3, 2022
Crypto Investment Is Gambling Cybersecurity Expert Says
Investing in cryptocurrency has been all the rage, especially after the endorsement by Visa, PayPal, and Tesla of popular digital assets such as dogecoin, bitcoin, and ethereum. Yet, to cybersecurity expert Bob Seeman investing in crypto is no better than gambling. He described any investment moves in the space not as making down a prescient […]
Blockchain
April 25, 2022
Crypto Traders Recount How They Developed Gambling-Like Addiction
Stevie Rojas recently spoke to Bloomberg going into detail about how he got hooked on crypto trading and how a gambling-like addiction took over his life choices. Now, though, Rojas is clean and has quit what he considers a bad habit in retrospect. Rojas’ introduction to cryptocurrencies followed a familiar formula. He is one of […]
Blockchain
April 25, 2022
Man Arrested in New York over $1.8m Crypto Mining Fraud
Cryptocurrencies are associated with fraud, but law enforcement is getting increasingly better at cracking down on fraud on all levels of the blockchain. The case of Chester J. Stojanovich is another example of how efficient the US Department of Justice has become in cracking down on financial crime pertaining to the sector. Man Promises Unlimited […]
Blockchain
April 22, 2022
Crypto Gamble Pays Out $163B to Investors in 2021
Cryptocurrencies are a gamble. Their value may go up, but then again – it may go down. Much of the value of crypto seems to be unpegged to any central authority and prone to sudden swings, and therefore much more akin to gambling than investing in the stock market, for example. However, 2021 was a […]
Blockchain
April 21, 2022
Monero Remains Most Used Ransomware Cryptocurrency
A new report by crypto and blockchain analytics firm CipherTrace has taken a look at the increased use of privacy-oriented cryptocurrencies such as Monero that are continuing to be a preferred payment option for criminals who launch ransomware attacks on civil and governmental infrastructure across the world. Monero Is Go-To Cryptocurrency for Ransomware Hackers Monero […]
Blockchain
April 21, 2022
US Secret Service makes crypto busts worth $102M since 2015
The US Secret Service (USSS) has been busy for sure. Since 2015, the USSS, which is known for protecting the nation’s presidents and elected officials, has been hunting down fraudulent cryptocurrency transactions. A total of $102 million in crypto assets has been seized since the USSS got on the job, working on more than 254 […]
Blockchain
April 18, 2022
Porn Star Cherie DeVille to Teach Men about Crypto in New Adult Scene
Cherie DeVille is an adult actress, social media influencer, and an Onlyfans model. Known as “the internet’s stepmom,” she has been a part of the adult entertainment industry for ten years. Besides entertaining men, DeVille is now determined to educate men on how to invest responsibly and avoid crypto, NFTs, and other fads. She is […]
Blockchain
April 13, 2022
Scarlet Pearl Casino Resort Now Accepts Crypto Payments
Blockchain and cryptocurrency have long been touted as friends to casino gaming. Many operators have taken this concept and realized it successfully online. But few have ventured into the retail space, let alone introduce crypto payments on-site. Well, one property is bucking the trend and defying skepticism as of today, the Scarlet Pearl Casino Resort […]
Blockchain
April 8, 2022
NetGaming to Release Mutant Ape Yacht Club-branded Slot in Q2, 2022
NetGaming, the up-and-coming online casino developer and supplier, has made another groundbreaking move in the world of digital assets and iGaming. The company has announced that it has joined the Mutant Ape Yacht Club, a first foray into the non-fungible or NFT world. NetGaming’s approach in the sector is two-pronged with the company also working […]
