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Legal
November 22, 2023
Binance and CZ Plead Guilty to Money Laundering
The world’s largest cryptocurrency exchange, Binance Holdings Limited, and its founder and CEO, Changpeng Zhao, pleaded guilty to violating anti-money laundering regulations in the United States, the US Attorney’s Office, Western District of Washington announced Tuesday. The guilty plea seeks to resolve an investigation by the Justice Department into violations of the International Emergency Economic […]
Industry
November 6, 2023
Unlocking the Future of iGaming: Visit CoinPayments at SiGMA World Malta 2023
In the fast-moving world of iGaming, staying ahead of the curve is not just an advantage; it’s a necessity. The landscape of iGaming is constantly evolving, and to thrive, businesses must embrace innovation and cutting-edge technology. One such revolutionary force making waves in the iGaming industry is cryptocurrency, and there’s no better place to understand […]
Legal
October 20, 2023
Miami Man Sentenced to Prison for Cryptocurrency Fraud
A growing number of scams seek to attract investors with lucrative offers for low risk and high return. Amid the increasing popularity of crypto, more scammers emerge with new and innovative ways to trick people, taking their money away and this is precisely the case of a Miami man who was recently sentenced to prison. […]
Blockchain
October 18, 2023
France Passes Sorare Law, Awaits Approval from the Constitutional Council
French blockchain enthusiasts have a reason to rejoice as the Sorare law was passed with overwhelming support. Under the new law, which would provide the foundation for a regulatory framework for games using NFT and crypto features, such titles will not be classified as gambling. Backed by 437 voters and opposed by 77, the so-called […]
Blockchain
October 10, 2023
M88 Mansion Confirms Launch of Online Cryptocurrency Casino
The leading online gaming entertainment platform with a strong presence in Asia, M88 Mansion, announced the launch of its latest venture. The company confirmed Tuesday it launched M88.io, a new cryptocurrency gambling platform that seeks to revolutionize the betting and gaming vertical by delivering unique experiences. M88 Mansion explained that M88.io is a subsidiary of […]
Blockchain
September 19, 2023
UK Health Secretary Concerned about Illegal Crypto Gambling
Amid the growing popularity of cryptocurrencies across the globe, a new form of gambling entertainment emerged, online crypto gambling casinos. While some users buy cryptocurrencies as a form of investment, others would gladly use them to gamble online. Clearly, this raises eyebrows in light of crypto scams and other crypto-related crimes and what happens when […]
Blockchain
September 5, 2023
Stake.com Impacted by Cyberattack, Loses $41 Million
The iGaming and crypto betting giant, Stake.com, was the latest victim of an attack from hackers that resulted in losses of some $41 million in cryptocurrencies. The crypto betting and online gambling platform confirmed that it has identified unauthorized transactions on Monday via a post on X, formerly Twitter. Stake revealed that unauthorized transactions were […]
Blockchain
August 18, 2023
Fastex Secures VARA Approval in Dubai
SoftConstruct’s Web3-driven ecosystem Fastex is breaking ground in the Middle East. The company announced that it is about to make a foray into the United Arab Emirates after securing initial approval from the Virtual Assets Regulatory Authority of Dubai (VARA). The cryptocurrency exchange will thus expand in the Middle East, which remains a largely untapped […]
Casino
August 10, 2023
SOFTSWISS Says Crypto Gambling Market Remains Strong in H1 2023
The purpose of the half-year cryptocurrency report is to see how likely cryptocurrencies are to remain part of the gambling industry. The results have been so far promising, with cryptocurrency gambling posting a 16.5% year-over-year in the first half-year of 2023. Another Successful Period for Crypto Gambling There were 83.6% more crypto bets placed in […]
Blockchain
July 25, 2023
Hackers Reportedly Steal $31M in Crypto from Alphapo
Alphapo is globally recognized as an instant payment solutions provider that supports more than 30 digital currencies and serves as a payment gateway for multiple gambling platforms. Despite the robust efforts of the company’s security team, media reports suggest that it may have become the latest victim of a massive hacker attack that resulted in […]