Whether it is poker, sports or other casino gambling styles, digital currency has been a vehicle for change in the industry. Of course, that much of this change came from new outside enterprises, however, now the traditional online gambling industry is slowly starting to recognize the true value and utility of bitcoin.
From the simple Bitcoin gambling site to the magnificent and complex world of Dragonâs Tale, the online gambling industry is re-inventing itself with the help of the digital currency technology. And itâs not only financial businesses that have recognized the popularity and huge utility of Bitcoin, the online gambling industry is also one of the most influential industries when it comes to put digital currency to good use. Every day we have been watching new gambling sites popping up and offering digital currency users all over the world the chance of freely enjoying online casinos once again.
The online gambling world has been preparing to accept Bitcoin and take the industry to a next level. The online gambling industry has been the subject of relentless persecution by regulators all around the world, so online gambling is still illegal in many parts of the world. Bitcoin means gambling sites can circumvent certain restrictions and regulations and still be able to offer gamblers the chance of freely enjoying online casino gambling.
The Online Gambling Industry has always been in constant development. But now with the advent of digital currency, a new revolution is bound to shake the boundaries of every online business. The Bitcoin gambling Industry is growing faster than ever before. From what before was considered to be a tool for illegal activities, Bitcoin is today on the verge of completely disrupting the online space, and the online gambling industry seems to be the first industry where this is already happening.
With Bitcoin gambling, casinos pay-out instantly so players donât have to wait to enjoy their earnings. Aside from streamlining all the funding process, for the first time players are able to determine whether or not a casino offers fair odds and verify its behavior through the blockchain.
Brazil Moves to Probe Banks After Crypto Exchanges Denied Services
Brazil's antitrust watchdog is investigating whether the major banks in the country worked together to close off access to cryptocurrency services.
The Administrative Council for Economic Defense (
Japan Lost $540 Million to Crypto Hacks in First Half of 2018
After news broke yesterday of yet another hack of a cryptocurrency exchange in Japan, the country's police authority has released figures revealing the rise in such attacks this year.
Coinbase Refutes Claims in New York Attorney General's Exchange Report
A recent report published by the New York Office of the Attorney General (OAG), which claimed several cryptocurrency exchanges it investigated are vulnerable to market manipulation, has drawn backlash
Singapore Central Banker: No Tokens We've Reviewed Need Securities Rules
The Monetary Authority of Singapore (MAS), the city-state's de-facto central bank, believes that no tokens it has seen need to be regulated under its securities laws.
During a fireside chat at Coi
Messaging Giant LINE Unveils Ambitious Plan for Crypto Token Ecosystem
LINE, the messaging app giant from Japan, has unveiled plans that will see it launch an ambitious, token-powered ecosystem by the end of 2018.
Aimed at capitalizing on the company's big user base –
Crypto Advocate Cody Wilson Charged With Child Sexual Assault
Cody Wilson, founder of the 3-D printed gun company Defense Distributed and cryptocurrency advocate, has been charged with sexually assaulting a minor.
According to an affidavit obtained by CoinDes
Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft
Yet another Japan-based cryptocurrency exchange has been hacked with a loss of total 6.7 billion yen, or $60 million worth of cryptocurrency, including 6,000 bitcoin.
The exchange, called Zaif, ope
Coinbase Hires Fannie Mae Executive as Chief Legal Officer
Crypto exchange Coinbase has hired a new chief legal officer in its ongoing push to grow its leadership team.
Brian Brooks, a former executive vice president, general counsel and corporate secretar