Montana lawmakers rejected a proposal that would have allowed the state to invest in Bitcoin as a reserve asset The bill, which aimed to create a special revenue account for investments in digital assets and precious metals, failed by a narrow margin Forty Republicans and one Democrat supported the legislation, but 41 Democrats and 18 Republicans..

Bitcoin’s price fell sharply to just above $86,000, triggering over $106 billion in liquidations across the crypto market Long traders took the biggest hit, with losses reaching $873 million, according to Coinglass data from February 26 Open interest dropped 5%, reflecting a wave of deleveraging, while exchange inflows climbed 142%, suggesting..

New rules that force cryptocurrency companies to reveal the identity of significant token holders will be introduced by Dubai's Virtual Assets Regulatory Authority (VARA) Enhancing transparency and safeguarding investors in the city's growing virtual asset market are the goals of the program VARA Seeks Greater Transparency in Crypto..

In response to claims of possible connections to sports gambling, Fresno State and the NCAA have opened an inquiry into the men's basketball program An ESPN story claims that the investigation was sparked by a tip, which resulted in internal reviews and NCAA participation Two players have already been suspended as a result of the probe, while..

According to the Michigan Gaming Control Board (MGCB), the state's iGaming industry generated $2482 million in January 2025, setting a new monthly revenue record In comparison to January 2024, this is a 365% increase The state made $3312 million from online sports betting and iGaming, a 443% rise from the previous year This increase took place..

As it deals with legal action from the Australian Transaction Reports and Analysis Centre (AUSTRAC), Entain, a prominent player in Australia's gambling sector, is going through major leadership changes A number of executives have left the company after the regulator accused it of violating anti-money laundering and counter-terrorism financing..

One of the most well-known retail trading platforms, Robinhood, is the subject of an inquiry that the US Securities and Exchange Commission (SEC) has chosen to end The agency's Wells Notice, a formal warning of possible enforcement action, was sent to the corporation almost a year prior to this judgment In a recent announcement, Robinhood..

Brian Armstrong, CEO of Coinbase, thinks memecoins are more than a passing fad According to him, they are a precursor to a broader trend toward the tokenization of digital assets, culture, and identity In a recent CNBC interview, Armstrong discussed how memecoins highlight a shift where more aspects of everyday life—such as votes, identities,..

$14 million worth of cryptocurrencies connected to a sophisticated "pig butchering" fraud has been seized by Loudoun County, Virginia, authorities The recovery was confirmed by the Loudoun County Sheriff's Office, making it one of the biggest crypto-related seizures in the state Sheriff Mike Chapman underscored the department’s dedication to..

A pioneer in Bitcoin mining, Riot Platforms, Inc (NASDAQ: RIOT), has revealed outstanding financial statistics for 2024 The business made a record $3767 million in revenue and $1094 million in net profitability These successes were emphasized by CEO Jason Les, who pointed out that they occurred in spite of the Bitcoin network's halving in April..

The Philippines has taken a major step to improve its anti-money laundering procedures by being removed from the Financial Action Task Force's (FATF) gray list Alejandro Tengco, chairman and CEO of Philippine Amusement and Gaming Corp (Pagcor), highlighted the regulator's contribution to this accomplishment and promised to keep working to stop..

Bally's Corporation, a casino operator based in the United States and owned by Standard General, is considering investing in Star Entertainment, a struggling gaming business in Australia Bally's management, including Chairman Soo Kim, recently traveled to Australia to hold talks with Star's executives, bankers, and significant shareholders,..

Waukegan, Illinois, and the Forest County Potawatomi Community have reached a settlement in a long-running court battle According to the Chicago Tribune, the tribe's lawsuit contesting the city's casino licensing decision was dismissed by the US Court of Appeals for the Seventh Circuit The nearly six-year struggle is probably over with this..

The well-known author of Rich Dad Poor Dad, Robert Kiyosaki, has expressed fresh worries about the state of the American economy On February 22, he conjectured about the potential of missing gold reserves at Fort Knox in a post on X (previously Twitter) “What if What if Trump finds gold in Ft Knox is missing” Kiyosaki wrote “I doubt gold is..

Coinbase announced on February 21 that the US Securities and Exchange Commission (SEC) is expected to dismiss its lawsuit against the crypto exchange it started back in 2023 (!) Analysts at HC Wainwright & Co called the development a major win for both the company and the broader crypto industry The lawsuit, filed in June 2023, accused..

With a sports betting handle of around $685 million in January, Washington, DC, had a great start to 2025 Additionally, players in the district won more than $652 million, giving sportsbooks a monthly revenue of approximately $8 million Due to its affiliation with the DC Lottery, FanDuel was the only mobile sportsbook accessible in DC for the..

In its legal dispute with the Michigan Gaming Control Board (MGCB), TwinSpires has won a decision from a federal judge in Michigan TwinSpires is granted a preliminary injunction by the ruling, which permits the business to carry on with its operations within the state The MGCB filed the case, alleging that Churchill Downs Incorporated..

Sam "SBF" Bankman-Fried, the former CEO of FTX, has spoken out from behind bars about his financial donations and political views during the 2020 US elections He outlined his reasons for contributing to the Democratic Party in an interview with The New York Sun, pointing to reservations about the party's ideological stance Political Shift and..

The US Securities and Exchange Commission (SEC) has introduced a new enforcement unit, the Cyber and Emerging Technologies Unit (CETU), appointing Laura D’Allaird as its chief This move replaces the previous Crypto Assets and Cyber Unit, signaling a shift in how the SEC approaches digital assets and cybersecurity concerns Strengthening..

Illuvium has announced a major restructuring to reduce expenses and extend its operational lifespan This decision aligns with a broader shift in development, as the company focuses on transforming its flagship title, Overworld, into an MMO Lite later this year Co-founder Kieran Warwick revealed on X that Illuvium aims to bring its monthly burn..