In 2023, there was a 45 percent increase in financial losses due to cryptocurrency fraud Americans lost more than $56 billion to different cryptocurrency-related scams, according to a new FBI analysis, underscoring the increasing hazards associated with digital assets The number of scams targeting investors is increasing in tandem with the rise..

In response to constant pressure from Riot Platforms, Bitfarms has rescheduled its special shareholder meeting for November The postponement gives Bitfarms' Special Committee additional time to evaluate Riot's most recent requests, which may have an effect on the board composition and future governance of the company The meeting that was..

Via its Swiss business, the massive Spanish bank BBVA has made Circle's USDC stablecoin available to its esteemed clientele According to a press release on September 9, 2024, this new solution improves BBVA Switzerland's platform and enables institutional and private banking clients to handle USDC alongside traditional assets Seamless Integration..

The former Huobi, HTX, has declared its intention to eliminate a number of USDD trading pairs On September 12, 2024, 14 trading pairs—including DOGE/USDD, NEAR/USDD, and EOS/USDD—will be delisted This modification was made soon after significant collateral withdrawals by the TRON DAO Reserve raised doubts about the USDD's stability Upcoming..

As football season kicks off, the IRS Criminal Investigation (IRS-CI) unit is reminding sports bettors to comply with state betting laws and accurately report their winnings The agency emphasized the importance of reporting all gambling income when filing taxes With nearly 50% of Americans having participated in sports betting at some point,..

At the most recent XRP Community Day, Japanese legislator Taira Masaaki and Ripple CEO Brad Garlinghouse had a meeting to talk about Japan's potential in blockchain technology This well-known gathering highlighted Japan's commitment to encouraging innovation in the cryptocurrency industry by means of transparent regulations and forward-thinking..

Coinbase's move to compel the US Securities and Exchange Commission (SEC) to divulge important information has been partially granted by a recent court decision The leading cryptocurrency exchange in the United States requested these documents last month, claiming that correspondence between the SEC and cryptocurrency issuers earlier in the year..

Steve Wynn’s long-running defamation lawsuit against the Associated Press has officially ended The Nevada Supreme Court dismissed Wynn’s claims, ruling that the case should not proceed to trial, ending a legal battle that began in 2018 The lawsuit stemmed from an Associated Press article that reported allegations from two women accusing..

The six privately held casinos in Maryland announced impressive total gaming revenue of $1739 million in August 2024 This remarkable amount is the ninth-highest single-month revenue since the state's casino program began in 2010, up 78% from the previous year The increase demonstrates how popular Maryland's casinos—which include Hollywood Casino..

Wazdan has joined forces with Rush Street Interactive (RSI) in an effort to penetrate the gaming industry in Pennsylvania An important step in Wazdan's larger plan to expand its footprint in North America has been taken with this agreement Wazdan will include its well-liked games into RSI's platforms through this partnership A selection of..

To encourage ethical social and promotional gaming, industry leaders have founded the Social and Promotional Gaming Association (SPGA) The SPGA seeks to support the moral conduct of these gaming platforms and give important information to stakeholders Players can play these social sweepstakes games—often offered by SPGA members—online for..

Former US President Donald Trump reiterated in a speech his intention to make the US the center of the world's cryptocurrency industry At an event hosted by the Economic Club of New York, President Trump mentioned digital assets in passing and shared his ambition of turning America into the "world capital for crypto and Bitcoin" if he were to win..

Brazil’s central bank (BCB) has taken a significant step forward in its Central Bank Digital Currency (CBDC) journey On Wednesday, it announced the selection of 13 participants for the second phase of its CBDC pilot, known as Real Digital This stage, called Drex, is focused on expanding the testing of financial services using advanced..

A complete measure totaling 146 pages has been presented by Ohio Senator Niraj Antani, R-Miami Township, with the goal of legalizing online casino gaming in the state The law, which was presented on Wednesday, aims to provide Ohioans access to legal online gambling alternatives, including roulette, poker, table games, and slots Although the bill's..

Since its launch in 2018, GAMSTOP, the national self-exclusion program for online gambling in the UK, has registered over 500,000 users, surpassing a noteworthy milestone Vulnerable people can prevent access to any gambling website licensed by the Gambling Commission using this free service Six months to five years are the self-exclusion durations..

Betway, a prominent name in the gaming and betting industry, has secured a new partnership with Chelsea FC, one of Europe's premier soccer clubs This collaboration marks a significant shift from Chelsea's previous choice to bypass a deal with Stake, opting instead to forge a new agreement with Betway that aims to bring fans closer to the action..

Epic Global Solutions and Bally’s Corporation have embarked on a significant three-year partnership aimed at promoting safe and responsible gaming practices This collaboration is set to enhance community well-being and foster more secure gaming environments The newly formed alliance focuses on creating impactful digital and social media..

Brazil is on the brink of a major decision that could transform its gambling sector The Senate is preparing for a crucial vote on a bill that would legalize land-based gambling, including casinos, bingo, jogo de bicho, and horse race betting If passed, this long-debated legislation could pave the way for a regulated gambling industry in the..

Caesars Entertainment has formed a new partnership with the Detroit Lions ahead of the 2024-2025 NFL season This collaboration will offer unique fan experiences for Caesars Rewards members while incorporating Detroit Lions branding into online casino games on Caesars' digital platforms The reigning NFC North division champions are teaming up..

Scientific Games has entered a multi-year partnership with Universal Products & Experiences to develop and launch Jurassic Park and Jurassic World-themed digital and retail lottery games This marks the first time these iconic franchises will be featured in lottery games Kyle Rogers, Senior VP of Instant Game Strategy & Licensing at..