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Blockchain
November 16, 2022
California’s AG Releases Site to Protect Consumers from Crypto Scams
California Attorney General’s office launched a new website on Tuesday in a bid to inform consumers about the risks associated with cryptocurrency and more importantly, educate as many people as possible on how to spot and steer clear of cryptocurrency scams that beguile citizens to purchase cryptocurrencies. Open Season on Crypto Scams in California The […]
Blockchain
November 16, 2022
Bitcoin Retail Investors Make Smaller Return Than They Would on Slots
A new survey by Basel, Switzerland-based Bank for International Settlements has revealed that retail investors who chose Bitcoin as their preferred option have made a smaller return in the period 2015-22 than they would have if they were simply playing online slots. An estimated 73-81% of all retail investors actually ended up losing money, the […]
Blockchain
November 11, 2022
Crypto Exchange FTX Filed under Chapter 11 of the Bankruptcy Code
Troubled cryptocurrency exchange operator FTX Group has filed for protection under Chapter 11 of the US Bankruptcy Code in the District of Delaware, revealed a statement posted on Twitter by the exchange. Filing for Bankruptcy Over 130 affiliated companies, including FTX Trading, West Realm Shires Services, and Alameda Research commenced the voluntary proceedings seeking protection […]
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 […]
Legal
November 8, 2022
Robber Pleads Guilty to Stealing Billions in Crypto
Billions of dollars in Bitcoin were seized and their owner finally admitted to acquiring them illegally. The wrongdoer stole more than 50,000 Bitcoin from a shady dark web website. Law Enforcement Uncovered Zhong’s Cache As announced by Damian Williams, the US attorney for the Southern District of New York, and Tyler Hatcher, the special agent […]
Industry
November 8, 2022
FATF to Reportedly Include Cryptocurrencies as Graylisting Factor
Skirting international sanctions and bypassing financial crackdowns has been made somewhat possible by the use of cryptocurrencies. Now, the Financial Action Task Force (FATF) wants to make sure that this is not happening moving forward. This is why the international watchdog is reportedly going to add cryptocurrencies to its list of criteria when it considers […]
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 […]
Blockchain
October 28, 2022
Hong Kong Making a U-Turn on Retail Crypto Trading
Hong Kong may be moving away from China in terms of what the Special Administrative Region does with its cryptocurrency industry. A new report by Bloomberg suggests that the city is planning to go ahead with retail cryptocurrency trading. Digital asset trading took a hit last year amid strong opposition from cryptocurrency and blockchain industry […]
Blockchain
October 25, 2022
Binance Keeps on Track of Hackers Who Stole $570M
Binance has been doing well in the wake of a security breach that resulted in the theft of $570 million worth of BNB tokens. Now, the company’s boss, Changpeng Zhao, referred to CZ on the Internet, has offered some assurances that his company is on top of the problem and police authorities and Binance sleuths […]
Blockchain
October 25, 2022
Turkey’s President Says Crypto Gambling Should Be Shut Down
Recep Tayyip Erdogan’s gung-ho approach towards cryptocurrency is not exactly newsworthy. Then again, the president has made a slight U-turn from his belligerent stance on cryptocurrency, realizing that there are aspects of the industry that he can use. Speaking on Friday last week, Erdogan said that young people should refrain from “turning to crypto money […]
