A starup in Seattle has raised a $1 million to accelerate the growth of its assets-backed stablecoins A stabblercoins are a form of cryptocurrency that are pegged to a fiat currency for instance the US Dollar and allows prices to remain more stable compared to other options The self-developed stablecoind by Stably is called Stably USD (USDS) What..

ZenSports has come up with the news of its launch of a new ZenSports firm for business product suite, designed to give sports industry organizations the talent to harness its peer-to-peer betting and cryptocurrency technology A mobile peer-to-peer sports betting marketplace ZenSports has already established consumer product market which..

COVID-19 Pandemic has led down devastation of almost all the sectors, but we have found some hope in poker industry Various poker sites have witnessed a rise in the month of April The poker portal 888com is one such international online poker site which has recorded an incredible rise of 60% in user activity since the pandemic has taken over the..

South Africa has issued a set of financial regulations to establish a regulatory framework for cryptocurrency The top officials of the government published the framework which contains 30 recommendations which are in compliance with the standards set by the Financial Action Force, the global money laundering and terrorist financing watchdog A..

A news site in Nevada came up with a unique plan to raise funds for its company, especially in a lockdown situation like this amidst coronavirus spread The plan however, was rather tuned down before it could go in operate mode by the State Gaming Regulation Force Nevada The rules on charitable gaming prohibit online game and because of this the..

According to the office of Lottery and Gaming, the news of delaying the launch of DC sports betting has been officially confirmed The DC Sports betting lottery platform was scheduled to launch on March 31st as per earlier dates But the scenario has changed now with the risen cases of Coronavirus everywhere The global pandemic has brought..

  Caesars Entertainment UK, the casino operator, has been penalised £13m for a string of social responsibility and money laundering failures by the Gambling Commission The penalty is the largest imposed to date "Serious systematic failings" were found by the regulator at Ceasers, which runs 11 casinos in the United Kingdom The..

Microsoft recently has revealed that it is planning to work on a proof-of-work algorithm that will use the brain waves to mine for cryptocurrency The company has recently issued a patent application which has suggested that it will use brain waves and other biometric data to mine for cryptocurrency It is mentioned in the patent with the title,..

On Wednesday afternoon, the famously operating gambling site PokerStars' founder Isai Scheinberg pled guilty charges for operating an illegal online gambling business The guilty plea was addressed in a New York federal court It was initiated two months after the 73-year -old duel citizen of Canada and Israel originally surrendered to US..

On Sunday, it finally happened in Poker industry when its first player David aka “Doc” Sands tested positive for Coronavirus He revealed the news through his twitter handle Before him, Rudy Gobert was the first player in worldwide sports to test positive for COVID-19 while actor Tom Hanks and wife Rita Wilson were the cases from the..

Mississippi has been hit hard only this time it is not the floor or hurricanes responsible for their loss in Casino business but the global pandemic Coronavirus The outbreak of coronavirus which has put everyone’s life in stake has compelled the state to close down 26 state-regulated casinos The temporary closure of the casino has been..

The current discussion on whether to legalise gambling on sports events in Maryland will reach its conclusion in November where the voters will be the decisive factor The General Assembly on Wednesday has approved a measure placing a referendum on the fall ballot which will take on the final day of this year’s truncated legislative..

The major cryptocurrency exchange Bitfinex who is also a partner firm of stablecoin Tether (USDT) is listing a multi-million-dollar cryptocurrency hedge fund On March 16 the exchange declared that it has listed Bahamas-based crypto hedge fund Fulgur Alpha, which is currently worth $280 million dollars The fund which is only accessible to..

Kevin Buck becomes the new winner of the 2020 Wynn Poker Classic $1,000,000 main event The event drew a total number of 687 entries with a buy in of $1,600, but only top 71 players could earn the money and in them the largest share was bagged by Kevin Buck Kevin grabbed $166,837 after defeating Justin Bond in heads-up who also took home a huge..

Legal sport betting is ready to start in Illionis next week, with the opening of Rivers Casino in Des Plaines which will surely increase the March Madness On Friday the Illionis Gaming Board gave its approval for Rivers to start taking sports bets from Monday afternoon The first bet of the state’s first ever sports book will be placed by the..

The poker was thrilled to receive his new champion when Bradley Hinson won the recent World Series of Poker Circuit The 36-year-old, Hinson who belongs to native North Carolina became victorious after defeating a total of 747 entries in the 2020 WSOP Circuit Rio Las Vegas $1,700 buy-in no-limit hold’em main event He earned $209,216 as a..

Earlier, the citizens of the United States had little to worry about regarding the violations of US sanctions against a specific country but the case is different now and cryptocurrency has already changed the pattern Trump’s administration in an attempt to circumvent economic sanctions has given an Executive Order 13827 which forbids the US..

Oregon’s state-run sports betting company is currently aiming to boost its revenue for technology partner instead of state govt Rather than focusing on generating revenue for the state government, the Oregon sports betting operation is ready to create larger amount of revenue for its tech partner Far from the expected profit of $63 million..

Macau casinos which are known as the world’s biggest gambling hub will finally reopen on Thursday After being shut-down for two weeks because of the deadly widespread of Coronavirus will once again open but on one condition To keep everyone safe from the epidemic, all the punters and croupiers will have to wear a mask at the tables 41..

One of the world’s largest defense contractors based in United States- BAE Systems wants to hire ‘cryptocurrency exploiters’ to support their client based in Washington, DC BAE Systems, McLean, V, is advertising on LinkedIn in search for candidates who can “demonstrate proficiency in cryptocurrency” and can further to..