Coinbase, the leading cryptocurrency exchange in the United States, has taken a critical step in its legal battle with the Securities and Exchange Commission (SEC) A federal judge has allowed Coinbase to challenge key aspects of the SEC’s allegations before the case moves forward Judge Katherine Polk Failla of the Southern District of New..

Gemini, the cryptocurrency exchange founded by the Winklevoss twins, has agreed to settle with the Commodity Futures Trading Commission (CFTC) by paying a $5 million penalty The settlement addresses allegations that Gemini provided misleading information to the regulator during its efforts to launch the first regulated Bitcoin futures contract in..

The creator of PlayerUnknown's Battlegrounds (PUBG), Brendan Greene, is creating Artemis, a brand-new metaverse focused on gaming With its emphasis on user-driven innovation and multiplayer interactions, this ambitious project promises to completely transform how users interact with digital worlds No NFTs, But Blockchain Could Play a Role Greene..

The parent business of sports betting odds comparison website OddsJam, Odds Holdings, Inc, has formally been acquired by Gamblingcom Group Completed on January 1, 2025, the transaction went "as planned and on schedule," representing a major turning point in the group's expansion strategy The purchase supports the Gamblingcom Group's long-term..

Citing a poor showing at the 2024 Las Vegas Grand Prix, analyst Joseph Greff of JP Morgan has revised his cash-flow projections for Caesars Entertainment for the fourth quarter Projections for the Strip and digital segments were revised as a result of the event's failure to match the excitement and financial impact of its 2023 debut Revised..

Hunter Horsley, the CEO of Bitwise Asset Management, recently emphasized the potential effects of Trump administration economic policies on the cryptocurrency market Horsley recently made the argument in a tweet that deregulating mergers and acquisitions (M&As) would change the dynamics of the market and hence increase demand for decentralized..

MGM Resorts International is looking to its online platform, BetMGM, as a key driver of growth for 2025 Deutsche Bank’s analyst Carlo Santarelli highlighted MGM’s pivot to digital operations, citing challenges in its traditional casino business due to rising costs and competition Recent fee hikes at MGM’s Las Vegas properties are expected..

FTX has officially started its repayment process after the cryptocurrency exchange’s reorganization plan became effective on Friday, January 3 The company, still undergoing bankruptcy proceedings, announced that users eligible for repayments should prepare to receive funds, but also warned about phishing attempts targeting claimants FTX..

Several Tribal nations in California have initiated legal action to stop private casinos from offering “banked” games, which the Tribes claim violate their exclusive rights under state agreements The lawsuit has been brought forward by the Agua Caliente Band of Cahuilla Indians, Barona Band of Mission Indians, Pechanga Band of Indians, Sycuan..

A potential leak in X’s latest software code has ignited discussions about the launch of X Money, Elon Musk’s anticipated payment system The rumored feature could mark a significant step forward for the platform, blending financial tools with its social media ecosystem X Money's Licensing Progress X has actively sought money transmitter..

Do Kwon, co-founder of Terraform Labs, has denied criminal fraud charges in a Manhattan federal court following his extradition from Montenegro The charges are linked to the 2022 collapse of the TerraUSD (UST) and Luna cryptocurrencies, an event that wiped out around $40 billion in market value Misleading Investors About TerraUSD's..

The defunct cryptocurrency loan platform Celsius has filed a lawsuit after a recent court ruling rejected its claims for damages from FTX In a notice of appeal, the business has contested Judge John T Dorsey's decision to deny its claims during the ongoing bankruptcy proceedings At first, Celsius had demanded a staggering $2 billion in damages,..

The North Carolina Court of Appeals upheld law enforcement's crackdown on sweepstakes casinos in a landmark ruling The decision focused on Robeson County video game kiosks run by No Limit Games, escalating the discussion about whether or not these games are permitted by state law Efforts to Close Loopholes in Gaming Laws Sweepstakes gaming has..

A comprehensive punishment strategy has been unveiled by the Netherlands Gambling Authority (KSA) to enforce greater compliance among gambling providers and operators The new framework contains penalties that range from warnings to heavy fines of up to €4 million, and it goes into effect immediately on January 2 The maximum punishments for..

Legislators in Minnesota are getting ready to consider legalizing sports betting in early 2025; talks will begin prior to the start of the legislative session on January 14 In order to address issues like gambling addiction, Senator John Marty has invited specialists to a pre-session informational hearing on internet betting Senator Matt Klein,..

With the launch of KuCoin Pay, a cutting-edge payment system, companies can now easily incorporate bitcoin transactions into their daily operations This platform, which was created to close the gap between digital assets and traditional commerce, gives businesses an easy and affordable way to accept borderless payments Unlocking New Opportunities..

Vitalik Buterin, a co-founder of Ethereum, has kindly given 50 ETH, or roughly $170,000, to help Tornado Cash developers Alexey Pertsev and Roman Storm with their legal defense Buterin's efforts to help people who are suffering legal issues in the bitcoin industry are continuing, and this gift is the most recent On December 31, the Free Pertsev..

The December figures from Macau's Gaming Inspection and Coordination Bureau show a significant change in gross gaming revenue (GGR) Monthly GGR fell year over year for the first time in two years, indicating a shift in the course of the region's recovery However, the numbers were different and better in November December Figures and Annual..

Mohegan has made public its fiscal year-end September 30, 2024, and Q4 financial figures Although the business had significant revenue development in certain regions, its overall performance was impacted by increased expenses and global difficulties Mohegan's net revenue for the fourth quarter was $4977 million, a 12% rise over the previous..

More than 2,000 Bitcoin have just been added to MicroStrategy's expanding digital asset portfolio, making it the largest publicly traded corporate holder of Bitcoin (BTC) For the software development company, this acquisition is a major step that further demonstrates its dedication to bitcoin investing New Bitcoin Purchase In a statement,..