The GambleFi platform raised 420 ETH for a presale token, but those funds have now disappeared.
Gambling News
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Crypto gamblers who bet on “YES” for spot Bitcoin ETF approval before Jan. 15 are now counting their winnings, while the losers have been seen quibbling over terminology.
6247Redditors reacted to the betting, with one saying they were about to lose their kid’s college fund, while another described the bet as “putting up dollars to win dimes.”
13441Three gaming executives believe mainstream audiences will play a factor in the overall success and future of Web3 games.
1527The online crypto casino reported unauthorized transactions from its hot wallets on Sept. 4 with blockchain security firms estimating at least $41 million pilfered from hackers.
6465Unusually large withdrawals were reportedly made from Stake to an account with no previous activity, with funds stolen including Tether and Ether.
12223The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.
13573CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach must be considered.
9342The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed.
5003For a lucky few, memecoins can provide a “path to wealth”; but for others, they’re simply a “risky gamble,” Matrixport’s Markus Thielen tells Cointelegraph.
3540Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine, enabling creators to make generative “game-ready” 3D assets and art collections.
8306What began as a Redditor “just dabbling” two years ago blew into full-blown crypto trading addiction that all came to a head three weeks ago.
9085Explaining 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.”
4964“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.
2273Casinos and iGaming are coming to Web3 — with an exclusive new pass granting VIP access and a range of perks.
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