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 […]
Slots
December 19, 2022
BetU Releases NFTreasure, an NFT-Inspired Slot
BetU, an online gambling company claiming to be the most rewarding crypto sports betting and casino platform, has launched a new NFT-inspired slot called NFTreasure. The fresh title features famous NFTs from the world’s most popular collections. BetU and Zillion Games Released NFTreasure BetU’s new title is a 5×3 slot that features many famous NFTs […]
Blockchain
December 15, 2022
2022’s AFF Championship Features New NFT-Based Project
Gamification solution developer Low6 joined forces with Web 3.0 technology company Be Media and marketing agency SPORTFIVE to create a new NFT-based fantasy soccer game ahead of the upcoming 2022 ASEAN Football Federation (AFF) Championship. The companies will produce digital collectibles featuring highlights from the AFF Mitsubishi Electric Cup. The NFTs will seamlessly integrate with […]
Blockchain
December 2, 2022
Eastern Shawnee Tribe of Oklahoma Goes Metaverse with Casino Project
The Eastern Shawnee Tribe of Oklahoma and Lucky Lady Games have teamed up to create a metaverse-powered online gaming experience that will be available in the state and linked to the tribe’s land-based operations. To make this a reality, the two companies are working on a project that will add flair and excitement to the […]
Blockchain
November 24, 2022
BetDex Exchange Launches with Solana Mainnet for Better Wagers
BetDex has launched its exchange on the Solana mainnet blockchain platform and is already accepting real money wagers just in time for the ongoing 2022 FIFA World Cup in Qatar. BetDex argues that its platform offers sports fans a much better experience as it won’t charge any fees placed on FIFA World Cup games, thus […]
Casino
November 21, 2022
Binance Holds 20% of Reserves in BUSD
Among a number of revelations about the big companies in the cryptocurrency industry, from Crypto.com holding 20% of its reserves in the meme token Shiba Inu, and FTX holding $9bn in liabilities against just $1bn of cash on hand, a new report outlined how Binance is managing its own funds. Primarily seen as the last […]
Blockchain
November 17, 2022
FTX ex-CEO, Celebrities and Backers Hit with Class-Action Lawsuit
A class action lawsuit filed by attorney Adam Moskowitz has been filed against FTX’s former chief executive and a host of celebrities in a court in Florida. The complaint argues that the defendants had perpetrated a Ponzi Scheme. A Ponzi Scheme Perpetrated on American Consumers Among the people named in the complaint are Sam Bankman-Fried […]
