Drake spends his time betting more than a million in Bitcoin (BTC) on Super Bowl matches when he's not running through the six with his woes. The award-winning rapper recently shared that he placed BTC bets worth a total of $1.26 million on the upcoming Superbowl match between the Cincinnati Bengals and the Los Angeles Rams. Through the crypto sports betting platform Stake, the rapper bet over $471,000 for the Rams to be the winner, including overtime. Drake also expressed his confidence in the Rams' wide receiver Odell Beckham Jr. The musician placed around $392,000 on Beckham having more than …

The Nation Football League Players Association, or NFLPA, in collaboration with sports betting operator DraftKings Inc., announced the launch of a gamified nonfungible token, or NFT, collection to drop on DraftKings Marketplace during the 2022-2023 NFL season. Starting next year, fans will be able to play NFT-based games featuring their favorite NFL Players, according to the company. OneTeam, the official media business partner of the NFLPA, helped facilitate the deal with DraftKings, giving them the necessary licensing rights to use the name, image and likeness for active NFL players. In a statement shared on the Draftkings website, Beth Beiriger, SVP …

Cryptocurrency wallet Exodus has officially integrated with SportX, an online sports and crypto betting platform, giving users the ability to wager on esports games through smart contracts executed on the Polygon network. The partnership, which was announced Tuesday, gives Exodus’ more than 1 million users access to SportX’s decentralized betting exchange, where they can place bets on a wide range of sports and esports games using cryptocurrency. The minimum bet amount is $5, denominated in USD Coin (USDC), which can be sent directly to the Exodus wallet or exchanged from any of the 138 cryptocurrencies it supports. All markets created, …

Blockchain technology has already established itself as a technology with numerous applications in different industries. But according to FUN Token, the gaming industry can also benefit from it. We talked to Adriaan Brink, the CEO of FUN Token, who is an online gaming veteran with over 20 years in the industry, about the prospects of the online gambling industry and what decentralization has to do with it. 1. Why did you decide to launch a company in both gaming and cryptocurrency spaces? I have been in online gaming for over 20 years, starting with a lottery in 1995. When I …

Wyoming has passed a new law legalizing online sports betting in the state with gamblers able to fund their accounts with bookmakers using cryptocurrencies. Governor Mark Gordon signed House Bill 133 into law on Monday, with new guidelines expected to take effect from Sept. 1. The move sees Wyoming becoming the second state in the United States to permit online sports betting. As part of the bill, the state’s legislature recognized crypto as suitable means of making deposits into online sports betting accounts. According to the definitions under Article 1 of the legislation, cryptos, as well as digital and virtual …

Ultimate Fighting Championship, the world’s leading mixed martial arts, or MMA, organization, has announced an exclusive partnership with Stake.com — a leading crypto-powered online casinos and sportsbook. The partnership announced on March 7, will see Stake become UFC’s “First Official Betting Partner” in Asia and Latin America. However, the deal will exclude UFC’s key market in Brazil. The two firms began working together on March 3 — with Stake's customers receiving access to unique digital content surrounding the promotional “fight week” for UFC’s March 6 pay-per-view. An announcement states the company's will also developer exclusive promotions, VIP experiences, and social …

After just over two years of development, on Sunday a new form of gambling will be released to the Ethereum world on mainnet: hamster-powered marble races. Powered by Mia, a female djungarian or “winter white dwarf” hamster and her trusty hamster wheel, the project, dubbed “Mia & the Marbles,” is an automated marble-racing and gambling platform from a group of independent developers. While the concept behind the project may seem… whimsical, in an interview with Cointelegraph the development team for ‘M&M’ revealed how carefully the racing platform has been thought out. “We guarantee races that are provably fair, provably live …

As “digitally native” ecosystems like esports continue to synergize with blockchain technology, industries like fantasy sports could be primed for mass adoption, says digital research firm Messari. In a newly published report, researcher Mason Nystrom argues that fantasy sports are primed for significant growth due to COVID-19. He also opines that blockchain-based applications could help boost fan engagement in this rapidly expanding market. Nystrom explains: “While the peak culmination of esports and cryptonetworks waits for improvements in emerging technology and 5G connectivity, blockchain-based fantasy sports are poised for consumer adoption.” Citing PwC research, Nystrom says betting and fantasy sports are …

Eric Wall, chief investment officer of crypto hedge fund Arcane Assets, has offered a $1 million bet that the Bitcoin stock-to-flow model will be proven false before 2025. In a Nov. 12 tweet to his 32,700 followers, Wall laid out the terms of the wager, offering to pay $1 million to anyone who accepts his bet that the stock-to-flow, or S2F, model will be “broken” in less than five years. The CIO stated the definition of “broken” is if the Bitcoin (BTC) price hasn't "reached even 50% of its target range". Although he tagged in S2F model creator PlanB (@100trillionUSD) …

Blockchain platform Waves.Exchange has launched a new prediction market allowing users to bet on whether the spread of the coronavirus pandemic has passed its peak. Customers can now purchase ‘COVID-UP-SEP20’ and ‘COVID-DOWN-SEP20’ tokens to bet on whether the number of new weekly cases worldwide will exceed April 4–10’s record of 595,802 confirmed infections before September. Waves.Exchange’s tokens are purchased in exchange for the stablecoin, Neutrino Dollar (USDN). All USDN used to buy the tokens are locked in escrow until September, and then distributed among the winners. The campaign will ostensibly contribute to coronavirus charity initiatives. Making waves with their new …