Bitmart Loses $200 Million in Hack Performed by Unknown Attackers

By DoingCoin – Crypto Community Bitmart, a cryptocurrency exchange, suffered an attack yesterday that exploited some security vulnerabilities in order to gain access to the funds of the exchange. The attack targeted the hot wallets of the platform, specifically the Ethereum and Binance Smart Chain-based wallets. The hackers managed to take almost $200 million in […]

Malta Gaming Authority’s General Counsel resigns to take job in the private sector

The Malta Gaming Authority announced Friday that its General Counsel, Dr. Yanica Sant, has resigned and will be taking up a role in the private sector.  According to a statement released by the MGA, Sant will remain in office until February 2022, fulfilling functions that the Authority’s management considers to not give rise to any […]

Washington sees second and third tribe launch sports betting at their casinos

The Stillaguamish Tribe’s Angel of the Winds Casino and the Kalispel Tribe’s Northern Quest Casino in Washington are now live with sports betting, the Washington Indian Gaming Association (WIGA) said on Friday. The news follows the September launch of sports betting at the Snoqualmie Tribe’s casino. A total of 16 Washington tribes have now received approval […]

Vietnam uncovers $3.8B illegal cryptogambling ring; 59 people arrested

Vietnam’s Ho Chi Minh City police have detained 59 people linked to the biggest illegal online gambling ring ever uncovered by Vietnamese authorities. The cryptocurrency gambling ring had transactions totaling more than US$3.8 billion, which includes the total gamblers put in the ring but excludes reciprocal money from the dealer. According to the report from […]

Ontario’s Auditor General sees legal risks, potential conflict of interest in new online gambling framework

Ontario’s Auditor General Bonnie Lysyk released a 12-page report Wednesday, titled “Internet Gaming in Ontario”, which questions whether online gambling and sports betting “may be open to legal challenge under Canada’s Criminal Code”. After examining the legality of Ontario’s proposed internet gaming model under the criminal code, the governance structure for internet gaming in the […]

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