Crytpo Gaming

These Online Casino Trends Set to Take Hold for Remainder of 2020

These Online Casino Trends Set to Take Hold for Remainder of 2020

2020 is the year we all want to escape, unless of course you are an online casino operator, run a virtual meeting platform, or food/grocery delivery app.

Submitted by Aaron Goldstein on, Aug/10/2020

ESPN Online Gaming Allows Bitcoin Deposits, Withdrawals

ESPN Global has now launched a blockchain-powered gaming platform.  Individuals will now be able to make deposits using Bitcoin and other cryptocurrencies.

Submitted by Aaron Goldstein on, Jul/28/2020

Bitcoin Continues to Surge Past 11K, Bitcoin Cash Up 13.8 Percent

Bitcoin Continues to Surge Past 11K, Bitcoin Cash Up 13.8 Percent

Bitcoin once again was trading above the 11K mark Tuesday as the digital currency continues to surge.

Submitted by Aaron Goldstein on, Jul/28/2020

Bitcoin Back Up Above $10K Sunday

Bitcoin Back Up Above $10K Sunday

After several weeks of trading in narrow ranges, bitcoin breached $10,000 on Sunday for the first time since early June.

Submitted by Reuters on, Jul/26/2020

Wozniak Sues YouTube Over Bitcoin Scams, Did Twitter Employees Aid Hackers?

Wozniak Sues YouTube Over Bitcoin Scams, Did Twitter Employees Aid Hackers?

Apple co-founder Steve Wozniak announced he will be filing a lawsuit against YouTube, claiming the site failed to remove a series of scam videos that used his name as a means of enticing viewers to send Bitcoin to a specific wallet.

Submitted by Aaron Goldstein on, Jul/26/2020

Probe Into Ladbrokes Parent Company Expands, $890K in Bitcoin Seized

Probe Into Ladbrokes Parent Company Expands, $890K in Bitcoin Seized

The United Kingdom tax authorities have widened their ongoing investigation into online sportsbook operator GVC Holdings allegedly regarding the activities of its former Turkish subsidiary.  GVC Holdings is the parent company of Ladbroke, PartyPoker and Bwin.

Submitted by Jagajeet Chiba on, Jul/22/2020

FBI Hunts for Bitcoin Scammers in Massive Twitter Hack

FBI Hunts for Bitcoin Scammers in Massive Twitter Hack

The Federal Bureau of Investigation is leading an inquiry into the Twitter hacking, according to sources familiar with the situation, as more Washington lawmakers raised alarms about the breach of high-profile accounts on the social media platform.

Submitted by Reuters on, Jul/16/2020

High-Profile Twitter Accounts Swept Up in Wave of Apparent Hacking Demanding Bitcoin

High-Profile Twitter Accounts Swept Up in Wave of Apparent Hacking Demanding Bitcoin

A wave of tweets in apparent hacking swept through Twitter (TWTR.N) on Wednesday, with more than half a dozen high-profile accounts - belonging to U.S. presidential candidate Joe Biden, billionaire Bill Gates, and rapper Kanye West, among others - used to solicit bitcoin donations.

Submitted by Reuters on, Jul/15/2020

Lithuania Dabbles in Crypto-Coin as Central Banks Look for Ways to Fend off Facebook

Lithuania Dabbles in Crypto-Coin as Central Banks Look for Ways to Fend off Facebook

Lithuania is about to issue the first central bank-produced digital coin in the euro zone, part of a project to trial state-backed digital currencies and blockchain technology in everyday use.

Submitted by Reuters on, Jul/05/2020

'Sophisticated' Hacker Plunders $450,000 From Defi Protocol Balancer

'Sophisticated' Hacker Plunders $450,000 From Defi Protocol Balancer

In two separate transactions, an attacker targeted two pools containing Ethereum-based tokens with transfer fees – or so-called deflationary tokens.

Submitted by Aaron Goldstein on, Jun/29/2020

Lobbyist Abramoff Charged in Cryptocurrency Fraud Case

Lobbyist Abramoff Charged in Cryptocurrency Fraud Case

Jack Abramoff, a once-powerful lobbyist who spent time in federal prison for fraud and corruption, has been charged in a San Francisco court in an investor fraud case involving cryptocurrency and lobbying disclosure, federal authorities announced Thursday.

Submitted by Associated Press on, Jun/26/2020

Casinos Push for Cashless Gambling Payments, Citing Virus, A Boost for Bitcoin?

Casinos Push for Cashless Gambling Payments, Citing Virus, A Boost for Bitcoin?

The American casino industry wants gambling regulators to make it easier to adopt cashless payment transactions on the casino floor, citing a desire to help customers avoid handling money during the coronavirus outbreak. 

Submitted by Aaron Goldstein on, Jun/16/2020

Canadian Crypto Firm Collapsed Due to Ponzi Scheme by Late Founder, Regulator Says

Last year’s collapse of Canadian cryptocurrency trading platform Quadriga CX was due to a Ponzi scheme operated by founder Gerald Cotten, who died suddenly in December 2018, the country’s biggest securities regulator said on Thursday.

Submitted by Reuters on, Jun/14/2020

User Pays $2.6 Mil in Transaction Fees to Send $134 of Ether

User Pays $2.6 Mil in Transaction Fees to Send $134 of Ether

Wynn reportedly is in good hands, even as the worldwide pandemic rages on.  Forbes estimates that "it may take until Q3/Q4 for the demand slump to recover, which could reduce the company’s revenue by at least 30% from $6.6 billion to $4.2 billion.

Submitted by Aaron Goldstein on, Jun/11/2020

The Benefits of Crypto Casino Gambling

Crypto has emerged as the banking method of choice for millions of online casino players in recent years. Most of the leading casino sites now accept Bitcoin and other cryptocurrencies for deposits and withdrawals. These are the seven key benefits of using crypto for online casino gambling:

Submitted by Payton on, Jun/09/2020

Hackers Move $800K, $1.4 Bil in Crypto Stolen, $5M Reward for Crypto Superintendent

77.644901 BTC (796,638 USD) of stolen funds was transferred from a Bitfinex Hack 2016 to an unknown wallet this past week.

Submitted by C Costigan on, Jun/06/2020

Bitcoin Shoots Over $10K

Bitcoin Shoots Over $10K

The price of Bitcoin has hit an important milestone June 1, 2020, crossing above the $10,000 mark.

Submitted by Aaron Goldstein on, Jun/01/2020

New Bitcoin Bug Could Wreak Havoc, YouTube Censorship Blockchain Alternative Lbry.tv

New Bitcoin Bug Could Wreak Havoc YouTube Censorship Blockchain Alternative Lbry.tv

Bitcoin's timelocked transactions used to discourage miners were found to be bugged.

Submitted by Aaron Goldstein on, Jun/01/2020

North Korea Accused of Cyber Attacks on Crypto Exchanges

The Justice Department has accused a network of North Korean and Chinese citizens of secretly advancing North Korea’s nuclear weapons program by channeling at least $2.5 billion in illicit payments through hundreds of front companies.

Submitted by Associated Press on, May/28/2020

Man Charged in Scheme That Used Bitcoin to Buy Personal Data

Man Charged in Scheme That Used Bitcoin to Buy Personal Data

A New Hampshire man has been charged in a fraud scheme that involved using Bitcoin to buy stolen personal data belonging to people across the country, officials said. 

Submitted by Associated Press on, May/27/2020

Does a Higher Bitcoin Value Mean More Bitcoin Casinos?

Does a Higher Bitcoin Value Mean More Bitcoin Casinos?

Bitcoin is one of the most baffling currency concepts ever created in the 21st century. While others are keener to continue transacting with traditional currency, others have shifted to using bitcoin in their daily transactions. Some have even gone so far as playing in online casinos using this cryptocurrency. 

Submitted by Payton on, May/27/2020

Did Bitcoin's Creator Just Move 50 BTC? First Time Since 2009

Rumors that Satoshi Nakamoto, Bitcoin's creator, had moved 50 BTC remain unsupported, claims Zack Voell of CoinDesk.

Submitted by Aaron Goldstein on, May/21/2020

The Fed’s Unlimited Ammo Highlights Importance of Bitcoin’s Digital Scarcity

The Fed’s Unlimited Ammo Highlights Importance of Bitcoin’s Digital Scarcity

In a follow-up interview, last night on 60 Minutes Powell made comments that underscore the importance of the digital scarcity hard-coded into the Bitcoin protocol. 

Submitted by Aaron Goldstein on, May/18/2020

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving

More Than $220M in Bitcoin Withdrawn from Crypto Exchanges Since the Halving

So much of the end of the world coming following Bitcoin's third ever halving.  As of Wednesday night Eastern Standard Time, the largest cryptocurrency was trading at just over $9300, peaking at $9411 earlier in the day.  This represented an increase of more than 4%.

Submitted by Aaron Goldstein on, May/13/2020

Bitcoin Goes Through Third Halving, Blockchain Solution for Provably Fair Gaming

Bitcoin Goes Through Third Halving, Blockchain Solution for Provably Fair Gaming

Bitcoin slid on Monday in volatile trading, after it went through a technical adjustment that reduced the rate at which new coins are created, but the outlook remained upbeat as the increase in supply slows down. 

Submitted by Aaron Goldstein on, May/11/2020

Whales Sink Price of Bitcoin

The price of Bitcoin fell from a high of $9990 to $7995 before rebounding to $8656 late Saturday.  This represented at 15% drop.

Submitted by Aaron Goldstein on, May/09/2020

Bitcoin Miners See Price Move Towards 12K But Will Bloodbath Follow?

Bitcoin Miners See Price Move Towards 12K But Will Bloodbath Follow?

The price of Bitcoin hit just shy of $10,000 Thursday and had been hovering around the $9800 mark by mid-afternoon Eastern Standard Time.

Submitted by Jagajeet Chiba on, May/07/2020

Bitcoin Up 4% Today As Halving Approaches

Bitcoin Up 4% Today As Halving Approaches

The price of Bitcoin hit a high of $9430 over the last 24 hours ahead of upcoming halving.

Submitted by Aaron Goldstein on, May/06/2020

Investigators Search for 'Crypto Queen' as Part of OneCoin Lawsuit

Investigators Search for 'Crypto Queen' as Part of OneCoin Lawsuit

In mid-April, news.Bitcoin.com reported on the unsealed indictment tied to the Onecoin cofounder Sebastian Greenwood. At the same time, U.S. Judge Valerie Caproni had placed a stay order on the case against Greenwood, Konstantin Ignatov, Mark Scott and David Pike.

Submitted by Aaron Goldstein on, May/04/2020

Bitcoin Price Hits Resistance at $9,050? JP Morgan Tells Clients Stay Clear

Bitcoin Price Hits Resistance at $9,050? JP Morgan Tells Clients Stay Clear

The price of Bitcoin continued to soar this week, reaching over $9000 ahead of Friday.  The price Friday morning hovered around the $8800 mark.

Submitted by Aaron Goldstein on, May/01/2020

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