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Crypto gaming: gambling with new betting tech

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Sony Interactive Entertainment is looking to add some crypto gaming tech to their home consoles.

WATCH MORE: Ticker Gaming

So what could this mean for the future of gaming?

Popularity for crypto is expected to grow exponentially.

This comes after more people, companies and sectors look to incorporate it into their regular business ventures.

It could be said that companies are looking to lay foundations for crypto engagement in the future.

If this is the case, what are the dangers of adding quick crypto betting within a network like Esports and gaming?

Naturally, it’s no surprise that Bitcoin and the gaming industry have a symbiotic relationship.

It is also more common these days for gaming publishers to add bitcoin into their corporate treasuries.

The Lightning Network layer system bypasses traditional blockchain technologies. This results in faster and cheaper transitions – perfect for digital live betting.

However, this recent patent represents a shift that goes beyond Sony’s video game platforms.

It also suggests in the future we might be able to use crypto to game and gamble across many other platforms (like a smart TV).

Crypto gambling comes as a sobering thought for parents who’ve lost money to in-game micro-transactions.

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Money

Why the meme-stock frenzy is unlikely to repeat

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GME shares surge 74%, but experts stress a meme-stock frenzy resurgence is unlikely due to fundamental differences in the company’s financial situation.

Australia’s budget unveils a second consecutive surplus of A$9.3 billion, prioritising the critical minerals industry and green energy initiatives to reduce reliance on Chinese supply.

Also, GameStop shares have surged 74%, but experts caution against expecting a repeat of the 2021 meme-stock frenzy. #featured #trending

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Money

Why are airlines after the Biden Administration?

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Major airlines are taking legal action against the Biden administration over a newly implemented rule requiring them to disclose fees upfront.

On this episode of Hot Shots – Major airlines are suing the Biden Administration, AI-piloted fighter jets, SpaceX faces funding challenges, and Apple receives crushing feedback.

Ticker’s Ahron Young & Veronica Dudo discuss. #featured #trending

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Money

The mounting pressure on Government spends

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Questions abound regarding the factors fueling this inflation surge in Australia and whether it correlates with the escalating government expenditures.

Concerns extend to how Chalmers navigates the mounting pressure amid discrepancies in spending allocations.

Moreover, as Australians grapple with the reality of rising living costs, the feasibility of cutting spending becomes a pressing issue. Additionally, amidst economic uncertainties, individuals seek guidance on managing stock market risks effectively. #Featured #Trending

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