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Gambling – Page 16 – DIGIT INFO

Indian Government-Appointed Commission Recognizes Crypto as Means of Payment

The law commission established by the order of the Indian government has issued a report recognizing cryptocurrency as a means of payment. This is reportedly the first time that a body appointed by the government admitted cryptocurrencies have value and can be used in transactions. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government-Appointed Body … Read more

Fomo3D and PoWH3D Dominate Ethereum DApp Volume

First sparked by CryptoKitties, the Ethereum community has taken a liking to a motley crew of decentralized applications (DApps) built on the network. Recently, the network has seen huge volume spikes due to an unlikely niche: Ponzi DApps. At the time of writing, Fomo3D and PoWH3D were leading 24-hour DApp activity by a massive margin, with approximately … Read more

Trustless Bitcoin Cash Betting is Coming — Chainbet Reveals Working Prototype

Just recently, news.Bitcoin.com reported on the trustless betting concept called Chainbet designed by the Electron Cash lead developer Jonald Fyookball. Since then, Chris Pacia performed the first atomic bet on the Bitcoin Cash network and now the project is seeing contributions from other developers as well. Now the programmers have revealed they have developed a … Read more

Bitcoin and Cryptocurrencies Make Inroads in Various Industries

As we recently highlighted in our “Bitcoin in Crime” series, Bitcoin is increasingly considered to be a tool for illegal activity. Whether or not that situation will ever change is unknown. Nevertheless, there have been some positive – though largely overlooked – developments. Bitcoin Is Going Places Getting Bitcoin – or any other cryptocurrency – … Read more

Chainbet Protocol Adds Trustless Multiplayer Bets, Auctions, and Dice Rolls

Just recently news.Bitcoin.com reported on the Chainbet protocol created by the developer Jonald Fyookball, designed to add trustless betting features to the Bitcoin Cash network. Following the launch of this concept, the Openbazaar developer Chris Pacia messed around with the idea and completed the first on-chain atomic bet. Now, this week the Chainbet contributors Fyookball, … Read more

Korean Crypto Exchange Coinone and 20 Traders to Face Charges Over Margin Trading

The South Korean police are reportedly preparing to charge Coinone’s executives, including its CEO, and 20 of the exchange’s members. This follows a 10-month investigation on allegations that the exchange provided gambling services through its crypto margin trading program. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Coinone’s Investigation Concludes South Korea’s Cybercrime Investigation … Read more

Bitcoin Addicts Crave Risk, Excitement, Escape

Corner those experienced within cryptocurrency’s ecosystem, and they’ll admit something akin to addicts exist. That fine line between obsession and irrational exuberance is probably best exemplified in wild price fluxuations, furious buying and selling. At least one historic county in Scotland, Peeblesshire (Siorrachd nam Pùballan), believes they’ve identified bitcoin addicts, and are beginning to treat … Read more

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