There’s Less than $100k at Stake on Ethereum Gambling DApp Augur

There’s Less than $100k at Stake on Ethereum Gambling DApp Augur

Tetras Capital Founding Partner Alex Sunnarborg has revealed that decentralised gambling platform Augur is suffering from the same lack of volume that continues to plague the decentralized application (dApp) ecosystem at large. Reacting to the platform’s weekly report released on January 9, Sunnarborg stated that the total volume of active markets on Augur is, in…

Two EOS Gambling Platforms Fall Prey to $260,000 Hack

Two EOS Gambling Platforms Fall Prey to $260,000 Hack

Advertisement Smart contracts on two EOS gambling platforms have been hacked in the last four days to the tune of more than a quarter of a million dollars, with another platform paying out $600,000 to one user in an unusual-looking jackpot which EOSBet insists was simply luck. DEOSGames Hacked — $24,000 Stolen We are back…

World Cup: Chinese Police Crack Down on $1.5 Billion Bitcoin Gambling Ring

World Cup: Chinese Police Crack Down on $1.5 Billion Bitcoin Gambling Ring

Advertisement Chinese police in the city of Guangdong have arrested hundreds of individuals involved in online gambling platforms that facilitated betting with $1.5 billion in cryptocurrencies including bitcoin. A sweeping law enforcement operation involving 21 public security authorities in Guangdong has cracked down on organized football gambling during the ongoing football World Cup, resulting in…