Singapore’s gambling regulator blocked access to Polymarket, a predictions market, considering it online gambling under their law. Offenders Face Stiff Fines or Jail Time Singapore’s Gambling Regulatory Authority (GRA) has reportedly blocked access to Polymarket, a predictions market, as part of a broader crackdown on unlicensed gambling service providers. Under Singaporean law, predictions markets like […]
AI to Help Defi Platforms Combat Cybercrime in 2025, Experts Say
Proponents of decentralized finance believe that the development of artificial intelligence (AI)-powered tools could enhance security and counter cybercriminals. AI to Help Defi Platforms Combat Cybercrime According to Peckshield’s Annual Crypto Security Report, digital assets worth $ 3.01 billion were stolen in 2024. The report’s data shows losses were split nearly evenly between centralized …
Riot Platforms to Raise Funds for Bitcoin Acquisition
Riot Platforms, Inc. announced a proposed $ 500 million private offering of convertible senior notes to fund bitcoin acquisitions and corporate initiatives. Riot Announces $ 500 Million Private Note Offering Riot Platforms, Inc. (Nasdaq: RIOT), a bitcoin mining company, disclosed plans for a $ 500 million private offering of convertible senior notes …
Ether Exodus: Liquid Staking Platforms Lose 230,000 ETH in 33 Days
Last month, the amount of ether locked in liquid staking platforms surpassed 14 million, but over the past 33 days, it dipped by 230,000 ether to 13.85 million. Rocket Pool Hit Hard: Massive Outflows Highlight Liquid Staking Shakeup Liquid staking, a favored decentralized finance (defi) method, has protocols holding the largest total value in defi […]
Crypto Firms Eye Top Football League Sponsorships as Gambling Platforms Get Ousted
Crypto firms are making a big entrance into the Premier League this year, reaching an all-time high in the money spent on sponsorship deals. These firms, including high-profile crypto exchanges and decentralized finance platforms, aim to replace traditional gambling brands that are being ousted from appearing on the teams’ shirts. Crypto Firms Set to Substitute […]