Crypto Investment Is Gambling Cybersecurity Expert Says

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Exploring the Legalities of Online Crypto Gambling

Cryptocurrency gambling has grown to become the future of the online casino industry, leaving previous standards in the dust. The legality of gambling has always been under fire from outside regulators. Centralized banking institutions can reject or block online gambling transactions to follow the law's conditions. When online casinos gained…

Crypto ・ 12 days

Irish Examiner

Cryptocurrency vs. Fiat Currency in Online Gambling: Exploring Pros, Cons, and Differences

In recent years, the online gambling industry has undergone a transformative shift with the introduction of cryptocurrencies. As alternatives to traditional fiat currencies, cryptocurrencies like Bitcoin, Ethereum, and others have gained traction in the online gambling community. While working hard to find their place, digital coins have not yet…

Crypto ・ 10 January 2024

West Island

Canadian Crypto Boom Sparks Parallel Surge in Online Casino Popularity

In the shimmering abyss of a global economic landscape shaped by unpredictable trends, cryptocurrencies have emerged as a potential game-changer. Once relegated to the quiet corners of the internet, digital currencies like Bitcoin and Ethereum have now vaulted into mainstream investing, reshaping the conversation about financial…

Crypto ・ 09 November 2023

News BTC

How Crypto Changes the Online Casino Industry

Online casinos have seen remarkable growth. They're a global entertainment giant and continue to evolve with the advancing technology. In recent years, cryptocurrency integration has been one of the most transformative elements in the industry. This innovation allows for new possibilities. Cryptocurrency has disrupted traditional financial systems.…

Crypto ・ 31 October 2023

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$5,000 Welcome Bonus

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NewsWatch

Diversify With Bitcoin, Uniswap & Scorpion Casino Token Could 10x Your Crypto Portfolio

With the ups and downs of the markets in recent times, it's crucial to stay ahead of the curve and explore opportunities that could potentially supercharge your crypto portfolio. In this article, we will delve into three dynamic digital assets - Bitcoin, Uniswap, and Scorpion Casino Token (SCORP) - each with the potential to make your crypto…

Crypto ・ 31 October 2023

Cryptomode

Winning strategies for success in crypto gambling

With the rise of cryptocurrencies and the popularity of online sweepstakes casinos, players now have the opportunity to combine the security and convenience of digital currencies with the thrill of casino gaming. In this comprehensive guide, we will explore seven key strategies to help you maximize your chances of success and enjoyment in crypto…

Crypto ・ 13 June 2023

Crypto News

Influential UK MPs Push for Crypto Trading to be Classified as Gambling

The UK Treasury Select Committee has suggested the country regulate cryptocurrency trading as a form of gambling rather than a financial service. On Wednesday, MPs said digital currencies such as Bitcoin and Ether have "no intrinsic value and no useful social purpose," claiming that they resemble gambling more than financial services,…

Crypto ・ 20 May 2023

forkast.news

UK lawmakers propose cryptocurrency regulation as gambling

A group of U.K. lawmakers proposed that cryptocurrencies such as Bitcoin and Ether should be subject to gambling regulations due to the significant financial risks they present to consumers, in a report released on Wednesday. According to the parliamentary treasury committee report, Bitcoin and Ether comprise two-thirds of all cryptocurrencies.…

Law ・ 26 September 2023

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Crypto Potato

WWW Creator Thinks Crypto Resembels Gambling

Tim Berners-Lee - the inventor of the World Wide Web (WWW) - believes cryptocurrencies are "dangerous" and investing in them is similar to gambling. However, he argued they could be useful for conducting transactions if converted into fiat when received. In a recent appearance on CNBC, the British computer scientist best known for creating the…

Crypto ・ 21 February 2023

Sigma

Bitcoin and Gambling in 2022: The Biggest Pros and Cons

Ever since that legendary Bitcoin pizza, the world's first cryptocurrency has grown to become widely accepted in the crypto world. Online casinos, companies at the bleeding edge of the tech world, were among the first to adopt crypto payments and allow their players to deposit - and win - Bitcoins. But how do things stand now, at the end of 2022,…

Crypto ・ 15 December 2022

Cryptomode

What Are Bitcoin Casinos And How Do They Work?

Investing in Cryptocurrency is a new investment. One of the advantages is that you are guaranteed anonymity. Another advantage is that the processing fees are very low. Another benefit is that you can earn a lot of money. Using a lucky crypto casino can be a lucrative way to increase your earnings. However, it can also be risky. For example, there…

Crypto ・ 08 December 2022

CoinChapter

Bitcoin: gambling or investment?

The converging worlds of cryptocurrencies and online gambling have resulted in the emerging world of crypto gambling, which by the way is transforming the scene of the world's gambling industry. This industry is growing so fast that it seems only yesterday that bitcoin was first introduced, while by now it is taking over the entire cryptocurrency…

Crypto ・ 18 November 2022

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PsyPost

Cryptocurrency users with gambling affinity are more involved mentally and financially than non-gambling users

Cryptocurrency users who also gamble tend to be more mentally involved compared to their non-gambling counterparts, according to new research published in Computers in Human Behavior. The new study provides insight into some of the psychological patterns that characterize heavy cryptocurrency users. Cryptocurrency is a digital asset designed to…

Crypto ・ 21 October 2022

Cointelegraph

Crypto 401(k): Sound financial planning or gambling with the future?

In April, United States-based retirement plan provider Fidelity Investments moved to allow 401(k) retirement savings account holders to invest directly in Bitcoin (BTC), the flagship cryptocurrency, making crypto a potential part of one's savings for the future. A 401(k) is a retirement savings plan offered by many U.S. employers that give the…

Crypto ・ 06 June 2022

Captain Altcoin

New York City Casino Will Include Crypto Trading Floor

The term "cryptocurrency" refers to a type of digital currency. It is possible to manage and exchange traditional currency online, but this is not the same as owning cryptocurrency. Cryptocurrencies are distinct because they are a decentralized and democratic alternative to government-issued currency. Governments control the supply of money in…

Land-based ・ 01 June 2022

The Union Journal

Cryptocurrency in Online Gambling: The Future of Gaming?

Cryptocurrencies are all the rage lately, and for a good reason. They offer a level of security and privacy that traditional currencies simply can't match. So it's no surprise that more and more people are using crypto to gamble online at best paying online casino 2022. But is this the future of gaming? Or is a cryptocurrency just another passing…

Crypto ・ 23 May 2022

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Cryptoassets are as risky as Vegas slot machines, says GEOFF HO

Cryptocurrencies such as Bitcoin, Luna and Ethereum have lost billions for their owners, following a sell-off sparked by fears about their safety, scams, and stability. The most famous cryptocurrency, Bitcoin, lost over 15 percent of its value last week and has fallen for six weeks in a row. Rival Ethereum has lost 26 percent, while Luna is now…

Finance ・ 15 May 2022

EconoTimes

5 Ways to Invest your crypto gambling winnings

Gambling with cryptocurrency instead of fiat money has become a trend in recent times. Of course, nothing makes gambling worth the time, aside from the possibility of winning big. Nevertheless, not everyone knows how to find the best ETH casinos or invest earned crypto from gambling. In the following sections, you'll learn about new ways to invest…

Winnings ・ 18 October 2021

CoinPedia

The Benefits of Using Crypto for Online Casino Players

Cryptocurrencies, or digital assets as many refer to them, are slowly but surely becoming more mainstream. Online gambling is one industry that's started to embrace cryptocurrency as a banking method, which makes perfect sense given the string of benefits they offer. You can for more information on making casino payments with crypto; however,…

Crypto ・ 20 July 2021

Times Of Casino

The Rise Of Cryptocurrency In Online Casinos

Casinos went online just about 20 years ago. Since then, the online gambling market has taken over a large share of the gambling industry. Now another whole new kind of online gambling is becoming popular, known as crypto gambling sites. Bitcoin began its journey quite a few years ago, in 2008. Since then, it has gradually proven its economic…

Crypto ・ 12 July 2021

Biz News

Cryptocurrencies are more dangerous than casinos

Chartered financial analyst and chief executive of IMA - a value investing firm in Denver, Vitaliy Katsenelson shares his opinions on cryptocurrencies, with the blockchain enabled currencies having taken the investment world by storm thus far in 2021. Katsenelson likens'investment' in cryptocurrencies to gambling at a Las Vegas casino - his…

Crypto ・ 25 June 2021

Texas News Today

Here's the difference between investing and gambling

I am one of the lucky ones. I invested very little money, but now I own a cryptocurrency worth over $ 350000. I'm 30 years old and rent, but I have very little savings or retirement investment other than cryptocurrencies. I'm really worried about what to do from now on. I don't know if I'll keep going or get $ 350000 to do something more practical.…

Strategy Guide ・ 09 June 2021

Bitrates

Trading Cryptocurrencies Compared to Online Gambling

Cryptocurrencies were once considered a trend, but with Bitcoin daily making new crypto believers, the opposite story has prevailed. Although many people still do not know all the crypto market's intricacies, most of us understand its basic concept. Most people know that it involves trading, like all the other currencies in the world, however, some…

Crypto ・ 07 May 2021

The African Exponet

Are Crypto Casinos a Thriving Business?

Crypto casinos are now a real thing, and you might often read about them in casino blogs. These are basically the casino platforms where you can gamble using various digital currencies. From Bitcoin to Ethereum, Bitcoin Cash, Litecoin, Dogecoin, and many other digital currencies can be used to play casino games. Furthermore, they also come with…

Crypto ・ 15 February 2021