On the search for "Bitcoin" we found the following results:
Bitstamp, a European Bitcoin exchange, has temporarily suspended services saying one of its operational wallets was compromised this past weekend resulting in a loss of around 19 000 BTC (worth around US$5.3 million). The company’s online advisory requests customers not make any further deposits to issued bitcoin deposit addresses as the investigation into the incident, …
Asian online punters who like the idea of betting with Bitcoins can look forward to a new entrant in that region soon as Irish-licensed online gambling operator Flutterclub.com prepares to launch. The Irish Times reports that the English and Chinese language site will offer online casino and sports betting action with Asia its main target. …
Interesting legal questions around the use of cybercurrencies like Bitcoin by online gambling companies have been raised in Spain recently, with the Spanish Treasury advising a legal firm that providing exclusive cybercurrency services still constitutes gambling, and operators must have a licence. The issue was raised by the local law firm Abanlex, which asked the …
Previously bitcoin-only online casino BitStars.net has expanded its currency options to include the Euro. Players will now be able to select between Bitcoin or Euro when playing the Microgaming, Next Gen, Amatic, Softswiss, Leander and Betsoft games on offer as well as live casino from Ezugi. Nabelse Holdings Limited now operates Bitstars.net with game content …
Coingaming.io, the leading platform provider specialising in the provisioning of Bitcoin crypto currency solutions for the iGaming sector has revealed that it has integrated Play’n Go casino games for Bitcoin gaming operators. Under the agreement Coingaming.io is permitted to supply Play’n Go’s full range of 70+ premium casino games for desktop and HTML5 mobile games …
Bitcoin gambling firm SatoshiBet has exited the U.S. market as a preemptive measure based on the uncertain future of online gambling regulation and the Bitcoin cryptocurrency. SatoshiBet informed customers it will no longer accept business from US-based IP addresses with immediate effect. “Since SatoshiBet launched its casino in early 2013, Bitcoin gained an exponential amount …
Austrian-headquartered software provider SoftSwiss has launched a Bitcoin sports betting exchange described as a breakthrough project and the first offer of its kind. Softswiss’ gaming portal News & Score offers the instant Bitcoin betting exchange without any registration requirements and “perfect anonymity” assured. Players can place bets up to 15 minutes before the sport event …
It appears that the Russians have decided that the volatile virtual currency Bitcoin is not for them; this week the Ministry of Finance announced that it is currently drafting a bill that will prohibit the issue or use of the currency in terms of Article 27 of federal Russian law. The Ministry notes that in …
A US-Chinese partnership comprising China-based ATM producer BetOcean and Atlas ATS, a New York exchange technology provider, has ambitions in the Bitcoin virtual currency sector, according to reports in Asian media this week. Trading as BitOcean Japan, the partnership wants to start a new Bitcoin exchange, and is intent on acquiring the failed Mt Gox …
The United States Security and Exchange Commission (SEC) has issued an alert cautioning investors on the unique dangers attached to trading and using virtual currencies such as Bitcoin. In an advisory headed “Investments involving Bitcoin present unique risks” the SEC points out that governments and banks are not associated with virtual currencies and these are …
The Bitcoin-denominated online sports betting site Coinbet.cc has gone into liquidation after operational activity that lasted less than a year in which it carried out heavy marketing activity to pull in players. The website was unavailable and carried a “closed for business” notice over the Easter weekend, advising players to contact a support email address …
Online Bitcoin casino BitWin.io has launched a new online poker offer powered by CoinPoker, along with new Live Dealer facilities. A spokesman for the casino said Thursday that mobile and sportsbook facilities are priorities in Management’s plans for the enterprise.
Malta-based online casino operator Vera&John have temporarily suspended its recently announced Bitcoin payment solution on verajohn.com (see previous report). In consultation with the Maltese gaming authority LGA, the operator agreed to suspend the payment option until a regulatory framework is in place.
BitStars.net is the latest Bitcoin-only online casino to launch on the web. The company claims to be run “by an experienced team of iGaming boffins” and offers a range of games powered by Austrian-headquartered SoftSwiss Online Casino Software. SoftSwiss initially developed an online auction software product but then branched out into the development of online …
The Bitstars Entertainment Company launched a new online casino accepting the virtual currency Bitcoin under a Malta LGA licence this week. Bitstars.net is powered by SwissSoft and offers a limited number of “provably fair” games certified by iTech Labs Australia on a typically clean and minimalistic website with full player facilities. The company plans to …
The sale by Erik Voorhees of the controlling interest in Bitcoin-denominated online gambling company SatoshiDice.com (see previous reports) appears to be under investigation by the US Securities and Exchange Commission, according to a report in Bloomberg business news. Voorhees revealed last July that he had sold the shares in a Bitcoin-denominated deal to an anonymous …
Bitcoin wallet Coinbase has entered into a partnership with casual games developer Big Fish who will provide its online customer with a new method to buy games and in-app purchases with bitcoin. All Big Fish online games can now be bought directly from Big Fish with bitcoin, while several of the company’s free-to-play online games …
Bitcoin bank Flexcoin has closed its virtual doors with immediate effect following an electronic heist on its “hot wallet” on March 2, 2014. According to Flexcoin, the hacker made off with 896 BTC (valued at approx $600 000), dividing them into these two addresses: 1NDkevapt4SWYFEmquCDBSf7DLMTNVggdu 1QFcC5JitGwpFKqRDd9QNH3eGN56dCNgy6 Flexcoin said it does not have the resources, assets …
With a reported 50 to 60 percent of Bitcoin transactions involving online gambling, it is hardly surprising that the industry is keeping a close eye on developments in the highly volatile cyber-currency, which has come under DDoS attack on several sites recently, contributing to the bankruptcy of leading Bitcoin exchange Mt.Gox in Japan (see previous …
The complete anonymity of virtual currency Bitcoin transactions, allied to fast pay-outs, low transfer fees and transparency continues to attract online gamblers despite the volatile nature of its relationship to hard currencies and the recent failure of the Mt. Gox exchange in Japan. For online gambling operators, Bitcoin has some appeal because transactions are immediate …
The New York-based online gambling company Coinbet.cc splashed out with a press release Wednesday, claiming that by transacting in the virtual currency Bitcoin – not defined as legal tender in the United States – it was safe from the unwelcome attention of the Department of Justice. “Since bitcoin isn’t officially recognized as currency by the …
The growing popularity of virtual currency Bitcoin has persuaded Nevada-based Robocoin and Vancouver company Bitcoiniacs to invest in the introduction of five ATMs situated in Canada at locations to be advised. The first machine went online recently in Vancouver. Bitcoin is finding growing acceptance among online gambling operators, and the ATMs look set to deliver …
The operator of the Satoshi online casino, one of the first the introduce Bitcoin as an acceptable virtual currency, has widened its scope by introducing live dealer action at Satoshilive.com, which it claims is the first fully live Bitcoin casino. Explaining the decision to add live dealer action, a Satoshi spokesman said: “Online gaming is …
The recent success of an online punter using the virtual currency Bitcoin has once again underlined the growing influence of this virtual currency, which is becoming more widely used in e-commerce and online gambling transactions. The publication Daily Dot reports the case of internet gambler ‘Nakowa’, who used the virtual currency in gambling on the …