News
Explaining the cease-and-desist orders, the Texas State Securities Board in particular likened Sloties’ NFTs to something that is “similar to stock and other equities.”
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Gambling News
Gambling is a game of chance that minimally depends on players’ skills, with its main purpose being to gain money or other material values. Gambling is restricted in many countries. As the use of virtual currencies has spread almost everywhere, cryptocurrency gambling has also become more popular among users. Because all digital currencies are decentralized, it seems difficult to regulate it in order to create a user-friendly environment in the games. Also, the decentralization of cryptocurrencies makes it almost impossible for governments to trace the use of money, because Bitcoins are stored on the players’ computers. There already exists some online games that accept Bitcoin with ability to exchange it for internal tokens or use it as the main currency of the game. Besides Bitcoin, there are also sites for gambling with Ethereum and other Altcoins. However, the future of cryptocurrency gambling is still uncertain.
- News
“It’s clear from the draft framework that what they’re looking at is wagering using cryptocurrency,” said Julian Hoskins, the principle of gambling law and regulatory advisory firm Senet.
1869 - Sponsored
Casinos and iGaming are coming to Web3 — with an exclusive new pass granting VIP access and a range of perks.
1472 - News
The two will launch a Budweiser-themed race track, Budweiser NFT passes, racing prize pools starting at $45,000, and three tiers of airdropped Clydesdale NFT skins that are usable in Zed Run.
4354 - News
The QRNG uses a fluctuating quantum system to guarantee unpredictable randomness, which can be used in Web3 gaming and gambling.
5286 - News
The platform is backed by World Poker Tour champion and professional poker celebrity Phil Ivey.
12354 - News
Cryptocurrency and smart contracts are redefining the future of online betting. Esports, meanwhile, represent a growing market for gambling.
6444 - Sponsored
Online gambling is a massive entertainment industry and blockchain technology is the next natural step of its development.
9778 - Analysis
The NFT gaming market is growing by leaps and bounds as gaming regulatory bodies and traditional gaming corporations shun the ecosystem.
9326 - News
Macau’s casino junket operators have already been on the rocks during the coronavirus pandemic, and some fear that they could be “faded out” following the introduction of a fully traceable digital yuan.
12248 - News
The injection of additional funding will be used to facilitate Virtue Poker’s mainnet launch slated for May 2021.
17465 - News
The bill already signed into law legalizes online sports betting in the state with bookmakers permitted to accept cryptocurrency deposits from bettors.
9202 - Altcoin Watch
WINk’s low-cost yield farming offerings are attracting retail DeFi investors who have been priced out of Uniswap due to high Ethereum gas costs.
95281 - Altcoin Watch
Blockchain gambling and gaming projects have seen their token prices triple as the COVID-19 lockdowns alter the nature of entertainment.
19706 - News
MANA's surge was followed by Atari's ATRI token, and Decentral Games' DG token — all three of which soared to new all-time highs in the wake of the news.
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