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While China cracks down on inter-state gambling by its own citizens, they may be using gambling firms to spy on rival nations. That’s the suggestion by an Indian security agency, who’ve tied increased gambling activity to recent frictions with their neighbor. The Indian Times reports local police authorities think Chinese gambling firms may be using their apps to help phish information during times of friction.

RAFI'S MARKETS

Daily fantasy sports doesn’t exactly fit the profile of booming business right now, but that hasn’t kept the main publicly traded DFS stock from skyrocketing in the meantime. CalvinAyre.com’s Rafi Farber talks about why it make sense that DraftKings (DKNG) has more than tripled since all sports took a sledgehammer to the knees.

FROM OUR FRIENDS AT COINGEEK

The Court in charge of the Wright v McCormack trial has informed both parties that Peter McCormack’s late strike-out application will be heard on November 23, 2020. The application, though not yet publicly available, will ask the Court to dismiss Craig Wright’s libel suit against McCormack.

DAILY ROUNDUP

PRESS RELEASE

Centi, the Switzerland-based Bitcoin SV payments processor, has announced that it had closed its first funding round headlined by Dr. Jürg Conzett, founder of Zurich’s MoneyMuseum & technology entrepreneur Calvin Ayre, founder of the Ayre Group and CoinGeek. Founded by long-time Bitcoin advocate Bernhard Müller, Centi is a system that enables merchants to accept digital currency payments through existing Point of Sale (POS) infrastructure.

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