Subscribe to our Daily Digest e-mail
Unregistered ICO Issuer Agrees to Disable Tokens and Pay Penalty for Distribution to Harmed Investors

The Securities and Exchange Commission today announced charges against Unikrn Inc., an operator of an online eSports gaming and gambling platform headquartered in Seattle, Washington, for conducting an unregistered initial coin offering (ICO) of digital asset securities. Unikrn agreed to settle the charges by paying a $6.1 million penalty, substantially all of the company's assets, to be distributed to investors through a Fair Fund.

share

Blockchain Technology

9/16/2020

article Unregistered ICO Issuer Agrees to Disable Tokens and Pay Penalty for Distribution to Harmed Investors
(Washington D.C.) -- The Securities and Exchange Commission today announced charges against Unikrn Inc., an operator of an online eSports gaming and gambling platform...

3/26/2020

article Japanese group publishes guidelines for blockchain iGaming
(Japan) -- Gambling in Japan is still a tricky thing to do. Integrated Resorts look like they’re years away, and learning how to play pachinko isn’t for...

10/1/2019

article Will blockchain make lottery fairer in African countries?
(Kenya) -- In every African country the gambling industry continues to grow at an impressive pace. There are many factors driving this trend – from growth in...

5/6/2019

article Blockchain Technology Can Give Billion Dollar Gaming Industry A Decentralized Leg Up
(Internet) -- Since ‘Pong’ reached our TV screens in 1975, the gaming industry has never stopped growing. From that inauspicious start, with two paddles and...

4/5/2019

article VSiN’s March Madness Contest Provides Glimpse On Potential Intersection Between Blockchain And Sports Betting
(USA) -- Riding Virginia Tech as a value play against two double-digit seeds and prohibitive favorite Duke, a bettor catapulted into the upper decile of a popular off-...

3/17/2019

article Risks and rewards: The future of blockchain games
(California) -- Blockchain and games have an enticing future. Companies are setting up $100 million fund to entice developers to make games with blockchain, the secure...

10/22/2018

article DeClub Macau wants to build the world’s first blockchain casino
(Macau) -- A new partnership has been formed that could see the introduction of the next generation of casinos. DeClub, a casino management company out of Macau, has...

8/24/2018

article NEM Gaining Exposure Among Native Americans
(Montana) -- A major potential of blockchain technology is its ability to empower the underserved and disenfranchised across the world. Sovereign Native American nations...

8/11/2018

article Gambling Apps Surpass CryptoKitties as Blockchain Money Makers
(Worldwide) -- It turns out that gambling, not buying digital kittens, is one of the most popular applications on the blockchain -- the distributed ledger technology...

7/31/2018

article How Blockchain & Bitcoin are Changing Gambling
(Internet) -- As the original cryptocurrency, Bitcoin has had a large impact on several industries. Many would argue that the impact of the blockchain technology behind...

6/20/2018

article Microsoft and EY Launch Blockchain Tool for Copyright
(USA) -- Microsoft announced an ambitious plan on Tuesday to collect royalty payments for authors, software developers, and other creators using blockchain technology,...

6/19/2018

article Blockchain Sports Betting App to Predict Outcome of World Cup Matches
(Internet) -- A blockchain-based application that helps sports fans receive “reliable and transparent” betting advice has launched its main platform –...

5/29/2018

article Blockchain For Social Good Hype Requires 'Recalibration,' Ex-Treasury Official Argues
(Worldwide) -- Blockchain technology has generated enormous buzz in the international development community recently, being touted as an elixir to the thorny issues that...

5/9/2018

article Quanta’s CTO Kostantinos Farris: Gambling on blockchain
(UK) -- Kostantinos Farris, CTO at Quanta, spoke to TotallyGaming.com about why blockchain is the ideal platform from which to build online casino, sportsbook and...

4/20/2018

article What do we get when we mix big data, blockchain and casinos?
(Macau) -- The news this week that troubled data “consultant” Cambridge Analytica has been working in the crypto space again raises important issues around...

4/17/2018

press release RAcoin Raised $10 Million In 2 Days To Upgrade Global Gambling Industry
(Internet) -- The international company of RA Entertainment Inc. is building a blockchain future of the global gambling industry launching a special utility token...

4/16/2018

article Blockchain Could Make a Fair Game
(USA) -- Both online and the more traditional bricks and mortar gaming houses have always had a house edge when it comes to placing bets, from the roulette table to the...

4/7/2018

article Game, Set, Blockchain: Blowing the Whistle on Fantasy Sports
(USA) -- With over 57 million players in 2017, fantasy sports has rapidly grown and become a vital part of the electronic gaming market. Fantasy drafts across all sports...

4/3/2018

article First head for GSA blockchain technical committee
(Las Vegas) -- The chief executive of a Canada-based software company specialising in so-called cloud-based casino management systems has been appointed the first...

4/2/2018

article Gaming Standards Association (GSA) Launches Blockchain Committee, Elects Earle G. Hall Chair
(Las Vegas) -- The Gaming Standards Association (GSA) has officially launched its new Blockchain Committee and has elected Earle G. Hall, CEO of AxesNetwork, as...

3/14/2018

article Malta could transform the gambling industry through Blockchain regulation
(Malta) -- In recent years, Malta has become one of the biggest gambling hubs on the Old Continent. This small island has been a host to numerous poker tournaments,...

3/13/2018

article Blockchain gaming entrepreneurs look for casino partnerships in Macau
(Macau) -- Several foreign companies offering blockchain technology services applicable to gaming were present at this year's iGaming Asian Congress, while looking...

3/9/2018

article Federal, state execs push for blockchain expansion
(Washington D.C.) -- As blockchain technology continues to mature, some government leaders are calling for interoperable blockchain solutions from industry that can...

2/26/2018

article Blockchain-enabled cat breeding and the future of gambling
(Canada) -- The internet loves cats so much that now some people are investing tens of thousands of real-world dollars on blockchain-powered cats that don't actually...

2/13/2018

article GSA has new board chair, blockchain technology committee
(Las Vegas) -- The Gaming Standards Association (GSA) has elected a new board of directors for 2018, the organisation’s 20th year of operation. Roman Czubak, head...

2/12/2018

press release Gaming Standards Association (GSA) Creates Gaming Blockchain Committee
(Worldwide) -- The Gaming Standards Association (GSA) and Gaming Standards Association Europe (GSA Europe) have created a new Technical Committee dedicated to blockchain...

1/31/2018

article Using blockchain, this company wants to make online gambling less of a gamble
(Worldwide) -- Gambling, in one form or another, has been around for almost as long as civilization. It is a pastime, and a lucrative business, that has been able to...

1/23/2018

article The Future of Blockchain Technology in the Gambling Industry
(Worldwide) -- Blockchain technology is being introduced across a whole host of industries, from IT organizations to banks. But what is it and how could it affect the...

1/9/2018

article What about blockchain?
(Internet) -- In the madness of the daily seismographic wiggles in cryptoland, the opportunities behind blockchain technology itself seem to have gotten lost in the wind...

1/5/2018

article Gibraltar sets world-first with new blockchain laws
(Gibraltar) -- Gibraltar this month became the first jurisdiction in the world to introduce a regulatory framework for companies involved with blockchain technology. In...

12/24/2017

article Blockchain Gambling Machine Placed in the Land-Based Casino
(Europe) -- In the network appeared news that one of the offline casinos has placed a test model of the world’s first slot machine, fully working on blockchain...

11/15/2017

article This Blockchain-Powered Platform, Aims to Disrupt the Gambling Industry
(USA) -- Gambling has come a long way. This year, online gambling is expected to generate $50.65 billion dollars and jump to $56.05 billion in 2018.

11/14/2017

article The first blockchain gambling machine with unlimited bonuses announced
(USA) -- SmartPlay.tech platform announced the launch of production of SmartBox gambling machines working on Ethereum smart-contracts with the implementation of new game...

10/25/2017

article Blockchain will transform the business of gaming
(The Internet) -- The gaming industry has been experiencing major shifts for a decade now. First came broadband internet, then the rise of Steam. Before long, these...

10/24/2017

article ‘Success achieved in igaming industry will be replicated in the blockchain sector’ – Silvio Schembri
(Malta) -- Next year's budget will provide the necessary tools for Malta to become a trailblazer in the digital economy and a leader in the use of new technology,...

10/20/2017

article MGA praises blockchain technology
(Malta) -- Blockchain technology keeps growing and Malta has turned its attention to the possibilities it provides and the Malta Gaming Authority (MGA) has highlighted...
article This Blockchain-Powered Platform Aims to Disrupt the Esport Gambling Industry
(Washington) -- Esports wagering is a large — and growing — global industry at the intersection between gambling, technology and entertainment. In their 2017...

visionary sponsor advertisement

sponsor advertisement