Business/Financial
Asia Coin Cryptocurrency Rallies While The Bitcoin Price Index Struggles
![Asia Coin Cryptocurrency Rallies While The Bitcoin Price Index Struggles Asia Coin Cryptocurrency Rallies While The Bitcoin Price Index Struggles](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Asia-031118.png?itok=3Ajy0NpA)
The Bitcoin Price Index has been struggling over the past week since Coinbase established a publicly traded fund on the U.S. Stock market.
Google Cracking Down on ICO Ads?
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Google-031118Home.png?itok=Zu1zxKFv)
While Google claims not to have any official policy against cryptocurrency advertising, some reports suggest that may no longer be the case.
BetOnline Looks to Restore Service Following Ongoing DOS Attack - UPDATES
![BetOnline Looks to Restore Service Following Ongoing DOS Attack BetOnline Looks to Restore Service Following Ongoing DOS Attack](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/BetOnline-030918Home.png?itok=oSjLIoPb)
BetOnline.ag, one of the world's largest online gambling sites, released a statement late Friday concerning ongoing outages that have crippled the popular website over the past six days.
Crypto Values Drop to Lower Vantage Points
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/cryptocurrencies-010718AHome_3.png?itok=8PL7sB9A)
The price of cryptocurrencies across all markets has been dropping in value quite a bit over the past 48 hours. BTC/USD markets started tumbling on March 5, after the price reached a high of $11,650 during the evening trading sessions.
How Do Online Bookies Switch Their Bettors to Bitcoin?
![How Do Online Bookies Switch Their Bettors to Bitcoin? How Do Online Bookies Switch Their Bettors to Bitcoin?](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/bitcoinswitch.png?itok=ULxLOPL7)
Some online bookies are having trouble getting their sports bettors to switch to Bitcoin. If you’re one of the bookies, you need to give your players a reason. Market the right message to bettors with these 3 reasons why cryptocurrency is best for betting.
Japan Penalises Several Cryptocurrency Exchanges Following Hack
![Japan Penalises Several Cryptocurrency Exchanges Following Hack Japan Penalises Several Cryptocurrency Exchanges Following Hack](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/hacking-cryptocurrency-030818.jpg?itok=o5DL5-e-)
The Japanese government is slapping penalties on several cryptocurrency exchanges in the country, after JPY 58 billion ($530 million or roughly Rs. 3,250 crores) of virtual coins were lost earlier this year from hacking.
Bittrex Exchange Adds Tether Competitor TrueUSD
![Bittrex Exchange Adds Tether Competitor TrueUSD Bittrex Exchange Adds Tether Competitor TrueUSD](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/True-USD-030718.png?itok=Pcuirax0)
As the saying goes, don’t keep all your stablecoins in one basket. Over-reliance on tethers could prove costly to an exchange such as Bittrex if U.S. regulators were to crack down on the controversial stablecoin.
Report: Hacked Mt. Gox Funds Linked To UK ‘Shell’ Company
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/hackers-061417Home_3.png?itok=WzgJOfcC)
The now defunct cryptocurrency exchange Mt. Gox allegedly used a UK “shell” company to launder some 650,000 BTC (equal to about $6.9 bln at press time) prior to its abrupt closure.
CNBC: Bitcoin Exchange Coinbase Launches the Dow Jones of Cryptocurrencies
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bitcoin-01318Home_0.jpg?itok=t0E2Ho0e)
Coinbase has announced it is launching a weighted index fund for cryptocurrencies.
PayPal to Expand Into Cryptocurrency Market?
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/PayPal-030518Home.png?itok=NPmcuTvf)
A recent patent filing reveals that Paypal might be considering expanding its exposure to the cryptocurrency ecosystem with a new system for speedy transactions, Bitcoin.com News reported late Monday.
This Week in Bitcoin Courtroom Drama
![This Week in Bitcoin Courtroom Drama This Week in Bitcoin Courtroom Drama](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bitcoin-Courtroom-Drama-030518Home.png?itok=ooSZ7lhi)
Get your popcorn at the ready as we prepare to chew over the highlights from This Week in Bitcoin and a series of potential courtroom dramas unfolding.
Class Action Complaint Filed Against Bitcoin Exchange Coinbase: Claims 'Insider Trading'
![Class Action Complaint Filed Against Bitcoin Exchange Coinbase: Claims 'Insider Trading' Class Action Complaint Filed Against Bitcoin Exchange Coinbase: Claims 'Insider Trading'](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/coinbase-120917_1.png?itok=-NSv6UIw)
A class action lawsuit was filed against Coinbase this past Thursday on March 1 accusing the exchange of ‘insider trading’ for the bitcoin cash launch last December.
Bank of England Chief Slams Cryptocurrencies; Urges Action
![Bank of England Chief Slams Cryptocurrencies; Urges Action Bank of England Chief Slams Cryptocurrencies; Urges Action](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bank-of-England-Bitcoin.jpg?itok=mnsWl92x)
Bank of England Governor Mark Carney on Friday launched a withering attack on cryptocurrencies such as bitcoin and urged regulators around the world to monitor them in the same way as other financial assets.
600 Computers Used for Bitcoin Mining Stolen in Massive Heist
![600 Computers Used for Bitcoin Mining Stolen in Massive Heist 600 Computers Used for Bitcoin Mining Stolen in Massive Heist](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bitcoin-030218Home.jpg?itok=nM68TR0N)
Some 600 computers used to "mine" bitcoin and other virtual currencies have been stolen from data centers in Iceland in what police say is the biggest series of thefts ever in the North Atlantic island nation.
JPMorgan Chase Fears Cryptocurrencies to be Disruptive to Competition
![JPMorgan Chase Fears Cryptocurrencies to be Disruptive to Competition JPMorgan Chase Fears Cryptocurrencies to be Disruptive to Competition](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/JPMorgan-Bitcoin-030218Home.png?itok=D8S_ounZ)
An internal report suggests that JPMorgan Chase is feeling threatened by decentralized currency in digital form.
Experts Break Down Future of Cryptocurrencies
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bitcoin-052217JHome_2.jpg?itok=UDrPxZas)
“What we’re talking about here is a technology that has the ability to disintermediate some of the trusted participants in a transaction,” one expert said at a gathering held by the Chicago Sun Times Thursday night.
Online Bookie Tips: Learn How To Protect and Store Bitcoins
![Online Bookie Tips: Learn How To Protect and Store Bitcoins Online Bookie Tips: Learn How To Protect and Store Bitcoins](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/bcpph.png?itok=xKggwWG7)
Bitcoin continues to be favored by online bookies. So, as a bookie, you should know how to protect and store your Bitcoins. Continue reading to find out short-term and long-term storage for your online bookie business.
How To Start A Successful Sportsbook
![How To Start A Successful Sportsbook How To Start A Successful Sportsbook](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/legal-sports-betting-US-donald-trump-executive-order-012617Home_3.png?itok=n8aPMSec)
You might already be running a bookies and possibly have an online presence. But, are you getting everything out of your business that you could be?
Another Class Action Lawsuit Filed Against Cryptocurrency Exchange
![Another Class Action Lawsuit Filed Against Cryptocurrency Exchange Another Class Action Lawsuit Filed Against Cryptocurrency Exchange](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/bitcoin-class-action.png?itok=YywSkm6G)
132 Coincheck customers have banded together asking for a refund of 228 million yen ($2Mn) following a $530Mn USD hacking of the Japanese cryptocurrency exchange. The hacking occurred on January 26.
SEC Investigating Cryptocurrencies
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The U.S. Securities and Exchange Commission is looking into the cryptocurrency market, the Wall Street Journal reported.
Coinbase Experiencing Intermittent Delays in Bitcoin Sells and Buys
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Coinbase-012218Home_0.png?itok=BLAZP2wI)
One of the world's largest cryptocurrency exchanges, CoinBase, announced Wednesday it had been experiencing some delays in buys and sells of Bitcoin.
Man Tried to Launder €11.5m in Bitcoin Drug Money While in Amsterdam
![Man Tried to Launder €11.5m in Bitcoin Drug Money While in Amsterdam Man Tried to Launder €11.5m in Bitcoin Drug Money While in Amsterdam](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/amsterdam-bitcoin-022818Home.png?itok=e9QyoJ6q)
A 38-year-old British man while living in Amsterdam allegedly tried to launder approximately €11.5 million in Bitcoin between 2014 and 2016.
Bill Gates: 'I Don't Think Bitcoin's Anonymity is a Good Thing'
![Bill Gates: 'I Don't Think Bitcoin's Anonymity is a Good Thing' Bill Gates: 'I Don't Think Bitcoin's Anonymity is a Good Thing'](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bill-Gates-Bitcoin-022718Home.jpg?itok=e_gt5Phy)
Microsoft founder Bill Gates commented on bitcoin, initial coin offerings, and cryptocurrencies more generally during a Reddit AMA on Tuesday.
DraftKings Hires Head of Sportsbook in Anticipation of U.S. Legalized Sports Betting
![DraftKings Hires Head of Sportsbook in Anticipation of U.S. Legalized Sports Betting DraftKings Hires Head of Sportsbook in Anticipation of U.S. Legalized Sports Betting](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/DraftKings-110717Home_2.jpg?itok=xPhdlyzy)
Daily Fantasy Sports giant DraftKings has announced the hire of Sean Hurley to head up its new sportsbook division.
U.S. Justice Dept Ramps Up Efforts to Regulate Bitcoin, Other Cryptocurrencies
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Justice-Department-011518Home_0.jpg?itok=_qk3Ox8q)
Speaking before a caucus filled with American bankers, Deputy Attorney General Rod Rosenstein said cryptocurrencies are a “new challenge” and the agency is planning on tending to the issue soon.
When Should You Be Using Pay Per Head Services?
![When Should You Be Using Pay Per Head Services? When Should You Be Using Pay Per Head Services?](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/payperhead-061717_3.jpg?itok=WaOcJ4jl)
If you are considering starting an online sportsbook or online casino then the best option for you to get started is by using a service that is known as Pay Per Head.
Bitcoin Millions Story Was 'Fake News' Rapper 50 Cent Now Claims
![](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/50-Cent-Bitcoin-Millionaire-012418Home_0.jpg?itok=NUCvEQ4O)
The rapper and entrepreneur told TMZ.com he had recently "discovered" earnings of $8.5 million from proceeds of a 2014 album received in Bitcoin and not immediately converted into U.S. dollars.
FundFantasy Simulated Investing Contests Enhances Bonus Structure
![FundFantasy Simulated Investing Contests Enhances Bonus Structure FundFantasy Simulated Investing Contests Enhances Bonus Structure](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/FundFantasy-022718.png?itok=M49o4Mzq)
With FundFantasy’s presale having been sold out, and their public token sale concluded, the FundFantasy project has made tremendous advancements, and have made some interesting changes to their bonus structure. The new model is simpler and is designed to avoid congestion on the Ethereum network.
Steve Wozniak loses $75K worth of BTC in Bitcoin scam
![Steve Wozniak loses $75K worth of BTC in Bitcoin scam Steve Wozniak loses $75K worth of BTC in Bitcoin scam](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Bitcoin-Scam-022718.jpg?itok=fw1fhlX9)
Apple co-founder Steve Wozniak has become the latest victim of an elaborate Bitcoin scam, taking the tech millionaire for $70K.
Cryptocurrency Exchange Poloniex Has Been Bought by Circle
![Cryptocurrency Exchange Poloniex Has Been Bought by Circle Cryptocurrency Exchange Poloniex Has Been Bought by Circle](https://www.gambling911.com/files/styles/story_thumbnail/public/publisher/Poloniex-022618Home.png?itok=iEGJs3z4)
Goldman Sachs-backed cryptocurrency startup Circle has acquired digital token exchange Poloniex, Circle said on Monday, as it aims to cement its position as one of the leading players in the booming market.