US President-elect Donald Trump met with Crypto.com chief executive officer (CEO) Kris Marszalek the same day the company dropped its lawsuit against the US Securities and Exchange Commission (SEC). Marszalek flew down to meet Trump at his residence in Mar-a-Lago to discuss policies potentially affecting the crypto industry. Crypto.com CEO and Trump held discussions surrounding[…]
Metaverse casinos combine virtual reality (VR), cryptocurrency, and web3 technology to create a life-like and immersive online gambling experience. Gamblers no longer need to travel to Las Vegas to experience the thrill of in-person table and slot games; the Vegas experience can now be convincingly recreated in their living room. However, this concept is only[…]
On June 11, 2024, Australia enacted a ban on the use of cryptocurrency and credit cards for online gambling, as part of the amendments to the Interactive Gambling Amendment Bill 2023. This new regulation has sparked concerns within the industry regarding its potential effects on both domestic and offshore online casinos. Protecting players The Australian[…]
Crypto token presales have emerged as a significant trend within the gaming industry, offering early investors unique opportunities to capitalise on new gaming ventures. These presales allow developers to raise funds for their projects while giving investors the chance to buy tokens at a lower price before they hit the broader market. This model is[…]
As the popularity of crypto casinos grows, so does the need for efficient and fast transaction processing. The core blockchain networks, such as Bitcoin and Ethereum, face scalability issues due to their limited transaction throughput and high fees during peak usage times. Layer 2 solutions have emerged as a critical innovation to address these challenges,[…]
The emerging tech field is a dynamic and rapidly changing area of expertise. As a leader in this contemporary and increasingly impactful industry, the AIBC Summit has hosted the very best, most intriguing, seminal key figures, who generously afforded the international Event their veritable wealth of knowledge. From sensational keynote speeches to insightful panel discussions,[…]
Citadel Securities has declared a hefty 5.5% stake in troubled bank Silvergate Capital, worth around $25 million, according to a new filing with the US Securities and Exchange Commission (SEC). Ken Griffin’s behemoth market maker disclosed that it bought up 1.6 million shares in the struggling crypto-friendly bank on Dec. 31. Silvergate suffered heavy losses[…]
Best Crypto Exchanges for 2024 Finding a crypto exchange that meets all your needs can be overwhelming; that’s why we’ve put together a list of crypto exchanges you can trust. Whether you’re trading on your desktop or using crypto apps, this table offers a snapshot of platforms that excel in security, features, and user experience.[…]
“Islamic Coin has a huge potential in Malta”, says Malta-based Islamic financial expert Reuben Buttigieg speaking with AIBC News. “The main thing is that the mechanisms of how crypto functions are very much in line with the principles of Islamic finance provided that no speculation is done on the particular gain.” he adds. Sheikh Hazza bin[…]
Modern technologies, especially the AI ChatGPT and Tesla’s autopilot are advancing so fast that it becomes harder and harder for the average person to catch up with it. Because of this, alternative ways to make money become more and more important. Cryptos recently gained popularity, and it becomes crucial to understand how they work. Below,[…]
A new report by the United States’ highest authority on defense and security, The Pentagon, is intensely critical on the emerging technology. The main criticisms include issues of centralization, outdated software and vulnerability to attacks. The difficulties of Decentralization The report “Are Blockchains Decentralised, Unintended Centralities in Distributed Ledgers”, has galvanized debate on Blockchain’s role in[…]
Romex Jha, CEO International of ZB Group, served as a moderator for a panel discussion that took place on March 21st during the AIBC Dubai Summit. The panel was about the necessity of payment providers for the mass adoption of cryptocurrencies in a fruitful debate with other key leaders in the cryptocurrency space. Paving the[…]