Business/Financial

California Fintech, Founders Settle SEC Crypto Fraud Claims

California Fintech, Founders Settle SEC Crypto Fraud Claims

The SEC said in filings in Los Angeles federal court on Wednesday that Uulala Inc and founders Oscar Garcia and Matthew Loughran raised $9 million from investors between 2017 and 2019 through an unregistered initial coin offering.

Submitted by Reuters on, Aug/05/2021

Bitcoin Ecosystem Rallies to Repel Doomed Re-Org Attacks

Bitcoin Ecosystem Rallies to Repel Doomed Re-Org Attacks

The attacks work like this: a miner accumulates hash power and creates a chain of competing BSV blocks in secret, which contain transactions written to benefit the attacker, such as by double-spending BSV by appearing to deposit it into an exchange wallet.

Submitted by Aaron Goldstein on, Aug/05/2021

What Do Broken Down McDonald's Milkshake Machines Have to Do With a Bitcoin Mastercard Conspiracy?

If franchisees want to switch solutions, the only option that the parent corporation allows is to switch to a software “upgrade” called “Powerhouse Dynamics,” which is owned by the parent company of Taylor, so you can't really escape the system.  Enter Mastercard's similar setup with Bitcoin.

Submitted by Alejandro Botticelli on, Jul/29/2021

The Crypto Beat - July 28, 2021: Bitcoin Crosses Over $40K Again

The Crypto Beat - July 28, 2021: Bitcoin Crosses Over $40K Again

Plus EU’s ban on anonymous digital currency transfers—a deep dive....cryptocurrency won't be so anonymous any more. 

Submitted by C Costigan on, Jul/28/2021

Bloomberg: DOJ Probing Tether of Bank Fraud

Bloomberg: DOJ Probing Tether of Bank Fraud

A U.S. probe into Tether, a digital token widely used to trade Bitcoin, is looking into whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market, according to a report filed by Bloomberg News Monday morning.

Submitted by Aaron Goldstein on, Jul/26/2021

Three Important Features a Pay Per Head Should Offer

Three Important Features a Pay Per Head Should Offer

When selecting a Pay Per Head sportsbook software, there are three primary things to consider in addition to the required reporting, lines management and customer service component. 

Submitted by C Costigan on, Jul/18/2021

BSV Network Attacked: CoinGeek Explains What Happened

BSV Network Attacked: CoinGeek Explains What Happened

The BSV Network has come under attack in recent weeks, more specifically June 24, 2021 and then again on July 1, 6 and 9.  This is likely to become a trend targetting all blockchain networks and crypto sites.

Submitted by C Costigan on, Jul/15/2021

Powell Says a Fed Digital Currency Could Undercut Need for Cryptocurrencies

Powell Says a Fed Digital Currency Could Undercut Need for Cryptocurrencies

Federal Reserve Chair Jerome Powell on Wednesday said one of the stronger arguments for the U.S. central bank to set up a digital currency is that it could undercut the need for private alternatives such as cryptocurrencies and stablecoins.

Submitted by Reuters on, Jul/14/2021

Ethereum’s Virgil Griffith Violates Bail

Ethereum’s Virgil Griffith Violates Bail

Plus BSV a boon for advertising and affiliate marketing

Submitted by Aaron Goldstein on, Jul/12/2021

What Should You Be Looking At When Choosing a Pay Per Head Service

What Should You Be Looking At When Choosing a Pay Per Head Service

Running a bookie is a challenge for some operators. As a result, they prefer hiring a licensed pay per head (PPH) company to manage key gambling operations and market their betting options. 

Submitted by C Costigan on, Jul/11/2021

UFC Inks $175 Million Crypto Deal, Its Largest Sponsorship Ever

UFC Inks $175 Million Crypto Deal, Its Largest Sponsorship Ever

UFC has inked a 10-year, $175 million partnership with cryptocurrency marketplace Crypto.com, thought to be the biggest sponsorship in the promotion’s history.

Submitted by Aaron Goldstein on, Jul/07/2021

What is a Master Agent in Sports Betting?

Master agents have to have a specific skill-set in order to be a master of their sportsbook. What else do they need? They need tools that are a bit different than an online bookie agent’s. Find out the 3 main tools Master Agents need.

Submitted by Guest on, Jul/05/2021

Start a Bookie Business From The State of Wisconsin

Start a Bookie Business From The State of Wisconsin

Wisconsin will be a lucrative state for bookies as mobile is not available and the sports betting that is will take place at desigated casinos.  The regulated sportsbooks will not be permitted to take bets on college games.

Submitted by Aaron Goldstein on, Jul/03/2021

Wright v Cøbra: How Satoshi Took Back the Bitcoin White Paper From BTC

Wright v Cøbra: How Satoshi Took Back the Bitcoin White Paper From BTC

As we reported on Gambling911.com this week, Dr Craig Wright, believed to be a founder of the cryptocurrency Bitcoin, was awarded a default judgment Monday in his copyright infringement action against ‘Cøbra’. 

Submitted by Aaron Goldstein on, Jul/01/2021

Binance Banned in UK

Binance Banned in UK

One of the world's largest cryptocurrency exchanges, Binance, has been banned in the United Kingdom effective Sunday June 27, 2021.

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Britain's financial watchdog, the Financial Conduct Authority, cited the company's inability to curtail money laundering and fraud.

Submitted by Jagajeet Chiba on, Jun/27/2021

Bitcoin Decline Continues on News of Ongoing China Crackdown

Bitcoin Decline Continues on News of Ongoing China Crackdown

Bitcoin on Tuesday fell below $30,000 for the first time since January, adding to losses sparked a day earlier when China's central bank deepened a crackdown on cryptocurrencies.

Submitted by Reuters on, Jun/22/2021

Attendees Hospitalized Following Miami Bitcoin Conference

More of those who attended last weekend's Miami Bitcoin Conference have come forward to tell their stories of falling ill, some confirming they tested positive for Covid-19.  The organizers point to the fact that vaccinations have been widely available in the United States.  According to CoinDesk, most respondents to their inquiries indicated that they had gone to Miami fully vaccinated

Submitted by Jagajeet Chiba on, Jun/13/2021

What Are The Types of Sportsbook Solutions Available

What Are The Types of Sportsbook Solutions Available

Bookies, there is a comprehensive sportsbook solution, and we want to tell you why you need it, and where you can find it. The pay per head industry has turned the gambling industry on its ear, and now you can get in on the ground floor with a three-in-one website that includes a fantastic sportsbook, a world-class racebook, and a Las Vegas-style casino.

Submitted by C Costigan on, Jun/11/2021

Blockchain for Business: CoinGeek’s Zurich Conference is Live & Free With Over 100 Speakers

CoinGeek’s 7th Conference (June 8-10) will feature real use cases in BSV blockchain technology ranging from healthcare to eSports, iGaming to NFTs, and will focus on the environmental impact of digital assets and the future of money itself.

Submitted by Press Release on, Jun/07/2021

The Crypto Beat - June 7, 2021

The Crypto Beat - June 7, 2021

U.S. seizes $2.3 mln in bitcoin paid to Colonial Pipeline hackers, CryptoFights battles its way to 18.4% share of BSV network actions and El Salvador has become the first country to onboard to a non-fiat currency.

Submitted by Aaron Goldstein on, Jun/07/2021

California Man Gets 2 years in Prison for Laundering Bitcoin

California Man Gets 2 years in Prison for Laundering Bitcoin

A Southern California man who pleaded guilty to illegally operating kiosks where customers could buy Bitcoin with cash, or sell Bitcoin in exchange for cash has been sentenced to two years in federal prison.

Submitted by Associated Press on, May/31/2021

SEC Sues Cryptocurrency Promoters Over $2 billion Scheme

SEC Sues Cryptocurrency Promoters Over $2 billion Scheme

Federal regulators have accused a group of people of promoting a securities offering tied to digital currency that raised over $2 billion from retail investors without being properly registered.

Submitted by Associated Press on, May/31/2021

The Crypto Beat - May 26, 2021

The Crypto Beat - May 26, 2021

Bitcoin no longer ‘fringe asset’ as study finds that stock-market volatility rises after crypto’s ‘extreme’ moves, Canadian Regulator Alleges crypto asset exchange Poloniex Not Complying With Securities Laws, and Russian lawmakers suggest crypto ban could be lifted in country.

Submitted by Aaron Goldstein on, May/26/2021

CNBC: Bitcoin Traders Using Up to 100-to-1 Leverage Are Driving Wild Swings

CNBC: Bitcoin Traders Using Up to 100-to-1 Leverage Are Driving Wild Swings

CNBC on Tuesday attempted to dissect what is going on with the wild cryptocurrency price swings.  Nearly all have been affected, including the Mother of All Coins Bitcoin.

Submitted by Aaron Goldstein on, May/25/2021

Bitcoin SV the Most Energy Efficient of the Blockchains

Bitcoin SV the Most Energy Efficient of the Blockchains

BTC’s significantly smaller block size makes it inherently less efficient than Bitcoin SV. Plus, One River Files To Offer Carbon Neutral Bitcoin ETF

Submitted by Aaron Goldstein on, May/24/2021

Cryptocurrencies Punch Back After Sunday Sell-Off

Cryptocurrencies Punch Back After Sunday Sell-Off

Cryptocurrencies fought back on Monday, retaking ground lost during a bout of weekend selling that was fuelled by further signs of a Chinese crackdown on the emerging sector.

Submitted by Reuters on, May/24/2021

The Crypto Beat - May 23

Bug could have taken entire Ethereum network down and Musk reiterates he won't be selling any of his Dogecoin as cryptocurrency prices continue to crash.

Submitted by Aaron Goldstein on, May/23/2021

Bitcoin Falls 11.3%, Ether Down 16.6% Sunday

Bitcoin Falls 11.3%, Ether Down 16.6% Sunday

Bitcoin dipped 11.33% to $33,250 at 16:00 GMT on Sunday, losing $4,248.98 from its previous close.

Submitted by Reuters on, May/23/2021

Bet the Price of Bitcoin, Dogecoin, ETH

Bet the Price of Bitcoin, Dogecoin, ETH

BetOnline has created crypto prop bets, setting over/under odds on where popular coins like Bitcoin, Ethereum and Dogecoin will be at the end of May and at the end of 2021. 

Submitted by C Costigan on, May/21/2021

Bitcoin’s Hash Rate Has Fallen by Nearly 20% in Past Week

Bitcoin’s Hash Rate Has Fallen by Nearly 20% in Past Week

Plus Bitcoin claws back to US$42,000 following Wednesday's Crypto market meltdown, and Aron Russell on the importance of BSV having toolset and infrastructure richer than just JavaScript.

Submitted by Aaron Goldstein on, May/20/2021

Breaking News

Police ID Man Held in Calif. After Allegedly Mowing Down Casino Manager With SUV

Police ID Man Held in Calif. After Allegedly Mowing Down Casino Manager With SUV

Las Vegas police have identified a man with a criminal history who was arrested in Southern California in the death of a Las Vegas slot machine parlor manager trying to stop a purse snatching.

When Will Sports Betting Apps Be Available in the State of Ohio?

When Will Sports Betting Apps Be Available in the State of Ohio? 3000 Licensing Apps Expected?

Sports bettors in Ohio will continue to use 'ol reliable sites like BetOnline to place their wagers as the state announced its own apps will not be available until at least January 2023.

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

Dow Jones Betting Total Closing Day June 30 Now 32250.5 Points

The Dow sank 1,000 points on Wednesday, or 3.2%, as dismal results from Target renew fears that inflation is battering companies.