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Chinese Police Seize $160 Million Worth of Crypto In Cross-Border Gambling Crackdown

Chinese authorities have announced the country’s first-ever case of cryptocurrency confiscation through a court ruling. Related Reading: 78% Of Bitcoin Exchange Inflows Are Coming From Short-Term Holders: Glassnode According to a report, an investigation conducted by Chinese police has uncovered a large-scale cross-border online gambling case with a turnover of 400 billion yuan (approximately $56 […] дальше »

2023-7-19 04:00


Encryption A.l Developer Rug Pulls $2 Million To Repay A $300,000 Crypto Gambling Debt

A 22-year developer behind Encryption A.l, a cryptocurrency project, has rug-pulled users of roughly $2 million ahead of the platform’s liquidity migration. In a screenshot shared on July 3 and posted on Twitter, the developer apologized, saying that while he “deeply regretted his actions and impact on users, he was battling a crypto-gambling addiction that has […] дальше »

2023-7-5 01:00


Crypto Gambling Frenzy: ‘Barbie’ Attracts Heavy Bets To Beat ‘Oppenheimer’ Flick

Crypto gamblers are eagerly rushing to place their wagers on the highly anticipated movie “Barbie,” directed by the acclaimed filmmaker Greta Gerwig, as its release draws near. In the fast-paced world of crypto gambling, the current buzz centers around the epic showdown between the iconic doll and Christopher Nolan’s masterpiece “Oppenheimer” on the popular betting […] дальше »

2023-7-1 11:06


Crypto advocacy group criticizes UK Treasury Committee recommendation to regulate crypto like gambling

A crypto advocacy group has criticized the U. K. Parliament Treasury Select Committee’s recommendation to regulate cryptocurrency trading as gambling. Treasury Select Committee lampoons crypto In a report published on May 17, the Committee urged the government to stop wasting taxpayers’ funds on innovations such as virtual assets until it shows their benefits. дальше »

2023-5-17 13:30