Bitcoin’s Moment? DraftKings & FanDuel Lose Major Payout Provider

Bitcoin’s Moment? DraftKings & FanDuel Lose Major Payout Provider

Cryptocurrency is a better choice for online betting on future events and sports. Popular fantasy sports betting platforms like DraftKings and FanDuel should consider Bitcoin’s lower transaction fees and quicker settlements, particularly after a major payout processor pulled its services, leaving these two companies high and dry. Online gambling grew....


Related News

DraftKings Launching An NFT Ecosystem & Exchange

DraftKings has announced the ‘DraftKings Marketplace’, a new initiative from the firm to enable consumers to “buy, sell and trade digital collectibles across sports, entertainment, and culture.” Users already onboarded with DraftKings accounts are expected to be able to use their already-established sign-in credentials to access the new marketplace when it is available. “Sign” Me […]

Tom Brady’s NFT Platform Inks Deal With Draftkings and Lionsgate

On Wednesday, the non-fungible token (NFT) platform called Autograph, co-founded by the Super Bowl champion, Tom Brady, announced a strategic partnership with the companies Draftkings and Lionsgate. Draftkings Inc. also revealed on Wednesday that the publicly listed company is launching an NFT marketplace dedicated to NFT digital collectibles. Tom Brady’s Autograph Brings Star-Studded Lineup, Signs Deal With Lionsgate and Draftkings The company Autograph is an NFT platform that aims to meld iconic brands and well-known names from sports, entertainment, and culture into digital....

Bitcoin: The New Reality in Fantasy Sports

In the wake of a clampdown on daily fantasy sports operators in New York State, Nevada and elsewhere, the benefits of Bitcoin are receiving attention once again as a potential deal-breaker. Fantasy sports players create sports teams, the success of which is measured against the real-life success of each athlete, and often bet money on this success. The....

DraftKings CEO Jason Robins On Why He Can’t Add Cryptocurrencies

During a live town hall hosted by stock trading app Public Wednesday, DraftKings CEO Jason Robins said he had looked into adding cryptocurrencies as a form of payment on his online sports betting platform but that regulations have so far prevented him from doing so. He explained that the payment methods that they can accept […]

Authorities Going After Fantasy Sports Gambling, Blockchain to Step in?

If you’re a sports fan of any kind, then you’re probably familiar with the concept of fantasy sports. Advertisements by web-based prediction companies constantly bombard viewers during commercial breaks — you couldn’t get away from them even if you tried. It has become so bad that even some public figures have expressed their complaints about it, with....