Archives for: April 5th, 2022

The UK could soon authorize cryptocurrency as a payment method

Written by: ( April 5, 2022 )

With the unveiling of plans to allow stablecoins to become payment options in the UK, the country’s government is closer to bringing cryptocurrencies to mainstream finance. However, there is still work to be done before the plan can be realized. The Treasury announced Monday that stablecoins, a type of crypto that is tied to regular […]

Turkey wants 40,000-year prison sentences for leaders of cryptocurrency exit scam

Written by: ( April 4, 2022 )

21 suspects are wanted for their involvement in a defunct Turkish cryptocurrency exchange. If the prosecution gets its away, the suspects will each be given massive sentences exceeding 40,000 years. For the culprits accused of operating Thodex (a defunct cryptocurrency exchange), prosecutors are seeking sentences up to 40,564 years. According to Demiroren via Bloomberg, the […]

New Pragmatic Play slot offers more winnings and more volatility

Written by: ( April 1, 2022 )

Pragmatic Play, a multi-product content provider for the iGaming sector, has just launched Barn Festival, its latest slot title. It has higher volatility than some of the others, but also comes with Pragmatic Play’s pay-anywhere feature. This 5-row, 6-reel countryside escape features 20 paylines and high volatility, just like many other providers’ slots. The farmyard-inspired […]

UK’s FCA extends deadline for cryptocurrency business registrations

Written by: ( March 31, 2022 )

The Financial Conduct Authority (FCA), Britain’s financial regulator, has extended the temporary registration status to some crypto-service providers past its Friday deadline. In a statement on Tuesday, the FCA said that the UK will only allow a limited number of crypto firms to continue to hold temporary registration status. The financial regulator stated that temporarily […]

Hackers break in, steal $615 million from the Ronin blockchain project

Written by: ( March 30, 2022 )

Blockchain project Ronin announced Tuesday that hackers had stolen cryptocurrency worth nearly $615 million from its system. This would make it one of the biggest cryptocurrency heists ever recorded. Sky Mavis, a Singapore-based game studio that owns Axie Infinity, developed Ronin. According to the project, unidentified hackers stole 173,600 Ether tokens and 25.5 million USD […]

iGaming content developer Slotegrator celebrates 10th anniversary

Written by: ( March 29, 2022 )

Slotegrator will be celebrating its tenth year anniversary on March 31. The last 10 years have seen the iGaming content developer make a number of contributions to the world of online gambling innovation. It was founded in 2012 and has provided advanced technology solutions to its clients in iGaming. Each day, Slotegrator’s experts work to […]

Rio de Janeiro to start accepting cryptocurrency for tax payments next year

Written by: ( March 28, 2022 )

Rio de Janeiro announced a plan for cryptocurrency to be used in its tax payment options. The municipality’s officers announced plans to begin collecting cryptocurrency for the tax next year at a recent meeting where Mayor Eduardo Paes was present. The municipality collects this tax on the citizens’ properties and their values. Rio de Janeiro […]

Red Tiger to release slot machine based on Narcos Mexico TV show

Written by: ( March 25, 2022 )

Evolution AB, the global leader in live streaming casino games, has acquired NetEnt and Red Tiger as well as Big Time Gaming – the creators and licensors for the Megaways slots system. This is going to give it a lot of access to new gaming platforms and it continues to make waves. The latest online […]

Spain walks back cryptocurrency holdings requirement for tax purposes

Written by: ( March 24, 2022 )

The Spanish Treasury Ministry admitted that the current legal framework doesn’t include the obligation for Spaniards to declare their cryptocurrency holdings. Model 720, new tax guidance issued last year, deals with funds held overseas. However, the Spanish Tax Agency confirmed that citizens are not required to disclose their overseas cryptocurrency holdings. This is even if […]

Crypto.com is now an official sponsor of the 2022 FIFA World Cup

Written by: ( March 23, 2022 )

FIFA, the international governing body of major soccer tournaments, has announced that Crypto.com, a cryptocurrency exchange, will be an official sponsor for its next World Cup in Qatar. The association announced Wednesday that Crypto.com branding will be visible inside and outside stadiums for the FIFA World Cup Qatar 2022. As part of the sponsorship, the […]