In 2018, the Supreme Court of the United States repealed the Professional and Amateur Sports Protection Act (PASPA) that blocked 46 states from passing laws to allow domestic sports betting. The repeal ended a 26-year ban that prevented US domestic sports betting to all but 4 states; Nevada, Oregon, Delaware, and Montana. Even before the federal ban was lifted, many states started drafting and passing laws to allow domestic sports betting in their state in preparation for the Supreme Court decision. In May, the decision finally came to the public when the SCOTUS decided that the PASPA ban was unconstitutional and violated states rights. Since the SCOTUS lifted the PASPA ban, professional and college sporting enterprises have been rallying for federal regulation of sports betting in the United States. [Read more…]
Ethereum Joke Could Turn Into Reality
Anything said on April Fool’s Day must be taken with a grain of salt, but in the case of Ethereum creator Vitalik Buterin, his joke has turned into quite the talking point. The young founder released a series of tweets entertaining the idea of possibly putting a hard cap on the amount of Ether that can be created. As things stand now, there is no limit to how much Ether can be produced. [Read more…]
Dallas Mavericks Will Start Accepting Ether
The Dallas Mavericks owner Mark Cuban just announced that his NBA team will start accepting cryptocurrencies for tickets and merchandise this upcoming season. The team will start by accepting Bitcoin, Ethereum’s ether, and CyberMiles tokens. The Mavericks will become one of the first professional teams to accept the new currency and the only professional team to accept Ethereum and CyberMiles tokens. [Read more…]
Ethereum Gambling Now Available At BetOnline & Sportsbetting.ag
What began as an open source platform for development has now emerged with its own financial ecosystem with Smart Contracts enabled for Ethereum gambling sites and secure online transactions. Ethereum is the system which has produced its own cryptocurrency known as Ether or ETH. This platform has humble beginnings since its launch in 2015 yet has been making large waves on the cryptocurrency front. Gamblers love to utilize the coin for online Ethereum sportsbooks, poker and casinos that accept Ether, this is because no verification or documentation is required, which retains totally anonymity for players. [Read more…]
A Look At Ethereum’s Future in 2018
Ethereum is experiencing the same highs and lows as Bitcoin did before its huge explosion into the public eye, and many market analysts are expecting Ethereum to have its own spotlight soon. The cryptocurrency has expanded its marketability by becoming business-friendly through enabling features that allow for the execution of real estate contracts, collection of insurance compensation, and instant online transactability. Ethereum works differently than competing cryptocurrencies such as Bitcoin, by building beyond their limitations and utilizing smart contracts and applications to maintain a sustainable alternative digital currency. [Read more…]