Multilotto: Play Transparent Online Lotteries With Equal Opportunities for Every Player

When you hear about gambling, you’ll remember some fancy Casino resorts in Las Vegas and Macau or some local brokers in your street. The gambling system has evolved beyond the traditional houses to online gambling. Online gambling is valued at US$ 46 billion, and it is projected to around US$ 96 billion in 2024. Lotteries are one of the most popular online games today. Many companies are offering different types of online lottery systems, but Multilotto is a company that is changing the way you play lottery online. Multilotto lotteries…

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Did a class-action suit play a role in Maker’s refusal to compensate March crash victims?

After multiple rounds of voting and heated discussion, the final vote to compensate losses for Maker (MKR) users that were liquidated “unfairly” during the March crash failed. About 52,500 MKR voted against any compensation, which accounted for 65% of the total votes. This amounts to about 8% of the total MKR supply, which some commentators took as a sign of low turnout. Nevertheless, Maker community member monetsupply, who was part of the working group designing the compensation proposal, told Cointelegraph that this was “fairly high for a poll vote.” He…

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Blockchain to Play Crucial Role in VR-Powered Social Media

Virtual reality media platform, Sensorium, has announced its membership in the Global Blockchain Business Council, or GBBC — a Swiss-based non-profit industry association for blockchain. Sensorium will participate in GBBC’s upcoming virtual forum on May 28, which will see the firm’s director of technology Alex Blagirev discuss his predictions for how virtual social media will change the way that people interact online. Cointelegraph spoke to GBBC to discuss the intersection between social media and virtual reality, or VR, and the role that blockchain plays in the sector’s future. DLT protects…

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