New York-based online marketplace SecondMarket has announced its plans to launch later this year a professional-level Bitcoin exchange service targeted at institutional traders. This exchange will allow Bitcoin transactions of a minimum of 25 BTC, which is equivalent to more than US$12,000, emphasizing that its full-service trading platform is directed toward investors aiming to move large blocks of the virtual currency.
The Revolution, which is set to host the Atlantic League of Professional Baseball in April, officially became the first pro baseball team to accept bitcoins as a method to purchase this season’s tickets through its partnership with Crypto Coin Consulting, an online currency consulting group based in York.
Bitcoin casino Betchain has further expanded its gambling services by optimizing most of its games for mobile gaming, giving avid bettors who are always on the go more reasons to enjoy wagering on its popular titles regardless of their location.
After talks with the Malta Lotteries and Gaming Authority (LGA), the operator of the first regulated and licensed Internet casino to accept Bitcoin payments has decided to discontinue processing the online currency for the meantime after the successive blows Bitcoin currently suffers from.
After becoming the feature sponsor at the kickboxing event in Panama held on May 10, Bitcoin is poised to support an Ultimate Fighting Championship (UFC) competitor in his upcoming fight. Massachusetts-based UFC fighter Joe Lauzon is being considered by the Bitcoin community to represent the virtual currency on the fighting arena, but no official announcements have been made about this effort, especially since a debate within the community has ensued on Reddit.
Leading casino software developer BetSoftGaming has launched new Bitcoin support for all licensed casinos that have partnered with BTC Poker Network. Providing top-quality gaming products for several years already, BetSoftGaming has expanded the reach of its high-definition casino games by including the peer-to-peer digital currency, Bitcoin, into the accepted currencies for payment purposes.
Online poker software provider Enterra is launching a new Bitcoin network that comes with an array of features, including an option to run poker rooms that accept Bitcoin deposits and withdrawals. The software development company, which is known for its turnkey software Enterra Poker, is providing clients a new opportunity to enter the Bitcoin online gambling industry without spending large amounts and waiting several days to get the gambling site up and running.
BTC.sx expects a total of $250,000 in funding, which is reported to be the largest investment to date made by Seedcoin, a start-up accelerator that provides investments to digital currency companies still in their early stages of growth.
New York-based Bitcoin exchange Atlas ATS has partnered with the National Stock Exchange (NSX) to become the first fully regulated US-based digital currency trading platform. The two parties have recently signed a Memorandum of Understanding that enables NSX, a self-regulatory organization recognized by the Securities and Exchange Commission, to develop and enact rules that will regulate the operations and transactions on the Atlas ATS exchange.
A Singapore-based startup launched May 7 in two separate events the world’s first Bitcoin prepaid cards in aim to make the acquisition of the virtual currency easier and simpler. 8pip, a CoinPip-affiliated company, unveiled the Bitcoin prepaid cards at Startup Asia Singapore 2014, a two-day conference showcasing new tech startups, and at Boost: Bitcoin event, Singapore’s first event focused on celebrating and promoting the use of cryptocurrencies.
In the advent of anti-gambling laws in different countries like the US, Bitcoin is still expected to flourish and to continue providing more ways to enjoy wagering anonymously online. Making up about half of the overall Bitcoin transactions, Bitcoin gambling can be perceived as one of the digital currency’s lifeblood. This explains, then, the efforts of some authorities to restrict or control gambling activities performed on the web.
Seals With Clubs launched Big BTC, a weekly Bitcoin poker tournament pegged to be the largest in the world. Held every Sunday, this poker tournament features a guaranteed prize pool of 20 BTC or 20,000 chips in equivalent.