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The Impact of Economic Recession on Land-based Casinos
Economic recession impacts numerous industries. In this article, you’ll learn what research shows about its link with land-based casinos and the gambling industry. Nowadays, you must consider different factors, including the existence of online betting sites and land-based places availability. ... -
US Could Lose Crypto Pole Position to UAE, Korea, Australia, and Switzerland: Ark Invest
As the regulatory whirlwind continues to blow in the crypto space, Ark Invest’s analyst, Yassine Elmandjra, boldly claims that the US could end up playing second fiddle to countries like the UAE and Korea. Hostility Breeds Contempt In a newsletter... -
Bitcoin Mining Landscape: Record High Network Difficulty Poses Challenges for Miners
Bitcoin's difficulty level reached a record high on May 18, 2023. This difficulty level determines how hard it is for miners to find new blocks and receive rewards. Notably, the difficulty rose by more than 3% on Thursday, reaching an... -
Apple Reportedly Restricts External AI for Employees Over Fears of Data Leaks
The Wall Street Journal reported that Apple has restricted the use of external AI apps like ChatGPT for employees amid fears of data leaks. Sources told the Wall Street Journal that along with AI apps, Apple has also barred the... -
Coinbase Introduces Subscription Service With Expansion Focus on Europe
Coinbase, one of the world's largest cryptocurrency exchanges, has announced the expansion of its subscription service to the United Kingdom, Germany, and Ireland. The subscription service, Coinbase One, which offers zero fees on each trade in return for a monthly... -
Binance Suspends Deposits and Withdrawals for Australian Users Due to Payment Disruption
Binance Australia announced on May 18 that it could not process PayID AUD deposits for its users anymore. This is because a third-party payment service provider "Westpac" has decided to stop supporting the cryptocurrency exchange. They're searching for a new... -
Australia Ramps up Its CBDC Pilot Program With First FX Settlement
World’s smallest continent, Australia, is proceeding with its CBDC program. According to recent reports, the sixth-largest country has recently settled a foreign exchange (FX) transaction using its eAUD currency. Settlement Sponsored by Layer-2 Blockchain Canvas DeFi According to an announcement,... -
The Resurgence of Dormant Bitcoin Wallets: Unprecedented Activity and Transfers
In a surprising turn of events on May 11, 2023, an inactive Bitcoin wallet created on June 19, 2011, suddenly became active again. The revival of this wallet grabbed widespread attention as it initiated a significant transaction, transferring a substantial... -
Tesla Stock Surges as Markets Cheer New Models and Advertisement Plans
Tesla stock (NYSE: TSLA) closed sharply higher yesterday after the company’s CEO Elon Musk teased two new models at the annual meeting. He also said that Cybertruck is on track for 2023 production and added that Tesla might also start... -
UK Lawmakers Call for Regulation of Retail Crypto Trading as Gambling
The Treasury Committee has advocated for consumer cryptocurrency trading in the UK to be regulated as gambling. According to the legislators, consumers should be cautious due to the volatility and alleged lack of inherent value of most crypto assets. Lawmakers...