DraftKings will pay a $10 million settlement to settle a class-action lawsuit focused on its Reignmakers NFTs. In late March of 2023, lead plaintiff Justin Dufoe filed the lawsuit. According to him, these NFTs fit the legal definition of an investment contract and therefore should be considered securities under U.S....
It's got that shiny, new car smell. The lure of fast returns, pseudonymous dealings and ostentatious innovation is luring them in by the thousands. Increasing the hypothetical market size from $50 million to $250 million over six years? That’s not just growth, that’s a freaking rocket launch. Lurking just beneath...
The online crypto gambling scene is a fast-changing world, characterized by innovation, regulation, and changing player tastes. By 2025, the market has jumped to a projected $250 million. This is a whopping 400% jump up from the $50 million in 2019, demonstrating how quickly digital currencies have been adopted into...
Is Bitcoin gambling electronic pawn shop a golden ticket to prosperity for the unbanked, or another golden shiny trapdoor to financial hell? This is the question I’ve been grappling with, and honestly, the answer is not a straightforward yes or no. It’s a complicated balance of autonomy, opportunity, and the...
BexBack. It’s a name that’s been flying under the radar in crypto circles, and with good reason. In a world that had become obsessed with regulation and KYC, they took an audacious step in the opposite direction. From the gamblers’ perspective, they offer 100x leverage on Bitcoin and other cryptos...
Flashy Finance, previously known with the more staid moniker Life DeFi, has really jumped off the rails, recently buying up Funny Till U Die. The goal? We want DeFi to power games, social networks, and digital life. With Trapital, we want to develop 21st century financial institutions through our culture....
The Trump family’s recent entry into the cryptocurrency world has created quite a controversy and criticism. Is it a smart long term investment, a short term gamble or simply misplaced priorities. BlockTraderHub.com is your trusted smartcrypto —CryptoIntelProvider. It examines the Trump family’s crypto investments, discussing their potential risks and rewards...
Is Metaplanet’s bold expansion into Bitcoin a masterful move, or are they risking it all? While the headlines scream "reckless gamble," I think there's a much more nuanced, and frankly, optimistic story to be told here. Forget the day-to-day price volatility, we’re thinking long term treasury for corporate treasurers.All kidding...
Michael Saylor. The name alone sparks debate. So what’s he being hailed as a modern-day Nostradamus, predicting the future of finance? Or is he a foolhardy gambler, betting it all on a cyber mirage? His persistence in the truth that Bitcoin is the future is magnetic. Even Elon Musk is...
Senator Ted Cruz may be cracking open the bubbly and crypto bros may be taking to victory laps. Trump’s signing of the Congressional Review Act reversed that IRS ruling that would’ve classified crypto developers as “brokers.” It feels like a win. Is it really? Are we celebrating a genius strategy,...
