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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 […]
Blockchain
November 11, 2022
SOFTSWISS Publishes Crypto Betting Report
SOFTSWISS, the first iGaming software company to work with cryptocurrencies, posted a new report about the performance of crypto coins across key products. Through this report, the company seeks to familiarize other players in the sector with the potential of crypto. SOFTSWISS Published Its Report 2022 has been a very favorable period for the company […]
Blockchain
November 11, 2022
FTX Runs into More Trouble as DoJ, SEC Launch Investigations
FTX is facing one trouble after another. The cash-strapped cryptocurrency exchange has been going through some rough times. Not only did Binance pull out of a proposed takeover deal but is the company now facing an investigation by the Department of Justice and the US Securities and Exchange Commission over criminal activity and securities offenses. […]
Blockchain
November 10, 2022
Binance Pulls Out of FTX Deal, Claims Consumer Funds Misuse
The rapprochement between Binance and FTX has hit a snag, as the former has withdrawn from a proposed bid to buy out its competitor, a Binance spokesperson has confirmed. The two companies were at each other throats over the sale of FTT tokens, minted by FTX, amid a market-wide collapse for the cryptocurrency industry, which […]
Business
November 9, 2022
ASIC Lists a Guide to Helping Australians Tackle Crypto Scams
The Australian Securities & Investments Commission (ASIC) has published a ten-point advice in which the regulator outlined how to detect and avoid scams and what to do if a consumer has already fallen for one. This publication is part of Scams Awareness Week, which ASIC is keen to address as the number of fraudulent investment […]
Blockchain
November 9, 2022
FTX Accepts Binance Offer for Buyout for “Good of Users”
Binance and FTX have decided to bury the hatchet, but judging from the days of public squabbling between the two biggest offshore cryptocurrency exchanges, it seems that one is in a more favorable position. FTX, which has been suffering the financial pinch of the “crypto winter” has reached out to Binance for a buyout, which […]
Business
November 1, 2022
BetDEX Exchange Receives Isle of Man Licensing
The global decentralized sports betting exchange, BetDEX Labs Inc., announced that BetDEX Exchange became the first licensed and regulated sports betting exchange on the blockchain. The announcement came Tuesday and sees the BetDEX Exchange gain licensing under the Isle of Man Gambling Supervision Commission (GSC). Isle of Man Issues BetDEX Exchange License Effective immediately, BetDEX […]
Blockchain
November 1, 2022
SOFTSWISS Lists Nine FIAT Currencies for Crypto Conversion
SOFTSWISS, a provider of online iGaming solutions and an innovator in the use of digital currencies for the purposes of gaming, has released a new update for its comprehensive solution. The company has reported that it has created a new in-game currency conversion feature that is now incorporated into its dedicated casino platform which will […]
