Gambling

Reddit user discovers 61.3 million LRC moved to Loopring Exchange

Investors and market observers are speculating that a recent Loopring transaction is linked to a GameStop (GME) float.  On Tuesday, a deposit of 61.3 million LRC ($164.8 million) was made on the Loopring Exchange. In addition, the assets were transferred from layer 1 to layer 2. This transaction was discovered by a Reddit user u/Prof Dankmemes, who claimed that the address that initiated the transfer had “connections.”  The connection in question is said to have previously been linked to Loopring’s Chief Executive Officer and founder, Daniel Wang. This might be

Can a Convicted Art Forger Become Next Big Thing in NFTs?

Wolfgang Beltracchi is a well-known and previously convicted art forger. Beltracchi is also the most recent member of the non-fungible token (NFT) creators club. The German faker of fine arts has previously served prison time for his crimes but is putting his skills to good use with a digital art collection. Sponsored Sponsored Artist Wolfgang Beltracchi has a long history of creating paintings for high-end clients worldwide. But, not the way most artists do. The notable difference is that Beltracchi spent decades forging works from history’s greatest artists and collected an

McDonald’s China Celebrates 31st Anniversary With Big Mac NFT

The non-fungible token (NFT) from McDonald’s will be the first from the company. 188 examples will be gifted to employees and consumers. Sponsored Sponsored The “Big Mac Rubik’s Cube,” was announced by McDonald’s China to celebrate 31 years in the mainland market. In addition to the three decades in business in China, the NFT marks the opening of a new Shanghai-based headquarters.  “McDonald’s is a young and trendy brand that always pays attention to fashion trends and cutting-edge technology,” says CEO of McDonald’s China Zhang Jiayin. He adds that “At this

El Salvador Powers Crypto Mining with Volcano Power

The President of El Salvador, Nayib Bukele, posted a video of the groundbreaking of a crypto mining project via power from a local volcano.Sponsored Sponsored According to a Tweet from President Bukele, the nation started an ambitious project which utilizes renewable energy to power massive Bitcoin mines. The post reads “First steps…” and shows an aerial view of a massive power plant at the foot of a volcano. Moreover, the video reveals shipping containers which house massive crypto mining rigs. An operator begins to plug in the machines as the

Steve Cohen Invests in Crypto Trading Firm Radkl

The hedge fund magnate and owner of the New York Mets continues his support, vocally and financially, for the crypto industry. Sponsored Sponsored Cryptocurrency trading frim Radkl has secured a high-profile investor in Steve Cohen. Cohen has invested an undisclosed about of financial support for the new firm, which launched on Tuesday. According to the Wall Street Journal Cohen is investing with his personal assets rather than using capital from his Point72 Asset Management LP.  According to a spokesperson from Radkl, Cohen “won’t be involved in Radkl’s day-to-day operations.” The move

Launchpool Labs Debuts Football-Based NFT Card Game ‘NiftyFootball’

Launchpool Labs announced their latest venture NiftyFootball, a non-fungible token platform for Football collectibles. Sponsored Sponsored NiftyFootball, a new football-based NFT collectible game, has been announced by Launchpool Labs. Through the game, players buy and sell random packs of digital cards for collecting and trading. Akin to the traditional paper trading card experience. Each NFT represents a fictional player with various traits which make up the “DNA” of that trading card. The platform utilizes the same ERC-721 standard used in other NFT games like CryptoKitties. Sponsored Sponsored Unlike similar platforms like Sorare,

Dallas Mavericks Announce Rewards for Using Dogecoin to Buy Merch

Dallas Mavericks owner Mark Cuban continues to support Dogecoin (DOGE) by announcing rewards for those spending the meme coin on merchandise. Sponsored Sponsored The team was the first in the league to accept Dogecoin payments for both merchandise and ticket sales. Now, Cuban wants to further grow the number of sales from DOGE by adding incentives to the program.  The Mavs Cryptomania program gives fans cashback for purchases made with Dogecoin on the official Maverick’s online merchandise shop. The program will run from Aug 13 until Sept 20. Fans can earn

Pranksy Drops $336,000 on Fake Banksy NFT

Well-known NFT collector Pranksy has been the victim of an elaborate hoax that cost him more than $300,000.Sponsored Sponsored Twitter was ablaze with rumors of an official Banksy NFT being posted for sale on OpenSea on Tuesday. The listing caught the eye of famous British NFT collector and Co-Founder of NFTBoxes, Pranksy. Pranksy currently owns more than 39,000 NFTs on OpenSea. The listing gained further traction when it was discovered that a subpage on Banksy’s official website appeared with NFT information on it earlier in the day. The page featured

Topps Announces 2021 MLB Inception NFT Collection

Topps is celebrating baseball’s newest rising stars with an MLB non-fungible token (NFT) collection on the ToppsNFT platform.Sponsored Sponsored Legendary trading card company Topps has announced its latest NFT collection to debut on the ToppsNFT platform. The 2021 Topps MLB Inception NFT Collection is being released on its NFT marketplace that is powered by the Avalanche blockchain. The digital trading cards are based on and inspired by the physical product that bears the same name. The NFTs differ in a number of ways, however, including motion animations, facsimile signature editions,

Adoption of Crypto by South American Countries and Implications for Gambling

South American nations are becoming more receptive to cryptocurrencies, with some attempting to legalize Bitcoin. The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.The continent may be leapfrogging everyone else in cryptocurrency adoption as a result of its leaders’ acceptance.El Salvador and Paraguay are grabbing attention in the world of BitcoinCryptocurrencies have gained widespread adoption in almost every country on Earth. No country, however, has elevated Bitcoin’s status to that of legal tender. El Salvador aims to be the very first country