Tags: Gambling

Redditors 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.”

South Korean Customs Service Swoops on Int’l ‘USDT-Gambling Ring’

Three gaming executives believe mainstream audiences will play a factor in the overall success and future of Web3 games.

Faucet casinos are a novel and interesting development in online gambling. These websites, which combine aspects of traditional casinos with cutting-edge cryptocurrency technology, are known as Bitcoin faucets or cryptocurrency casinos and provide a novel take on online gambling. 

Rollbit Price Prediction as RLB Rockets Up 10 in 24 Hours – Will RLB Reach $1 Per Coin?

The 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.

Unusually large withdrawals were made from Stake to an account with no previous activity, including $3.9 million in Tether and $9.8 million in Ether.

The on-chain sleuth ZachXBT claims to have found an additional $37 million in losses suffered from the unconfirmed attack.

ECB Executive Fabio Panetta: Cryptocurrencies Hold No Societal Benefits, Likens to Gambling

UK Mps feel trading crypto is as addictive as gambling.

CryptoUK, a trade body based in the United Kingdom, argued that a much more nuanced and tailored approach needs to be taken into consideration.

Influential UK MPs Push for Crypto Trading to be Classified as Gambling

The volatility and purported lack of intrinsic value of most crypto assets make it particularly risky for consumers, the politicians claimed.

Despite sweeping changes in the 244-page UK‘s recent gambling proposal, crypto will face no new restrictions.

For a lucky few, memecoins can provide a "path to wealth," for others it‘s simply a "risky gamble" Matrixport‘s Markus Thielen tells Cointelegraph.

Palm NFT Studio has also launched a new tool via Epic Games’ Unreal Engine that enables creators to make generative “game-ready” 3D assets and art collections.

What 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.