Arabic AR Chinese (Simplified) ZH-CN English EN French FR German DE Japanese JA Portuguese PT Russian RU Spanish ES Turkish TR
Connect with us

Hi, what are you looking for?


More than $94,000 has been raised for charity ahead of a poker tournament hosted by proprietary trading firm MGNR.

Crypto poker tournament feauturing Tom Dwan raises $100k for charity

The ultimate cryptocurrency and poker crossover starts next week, with a charity tournament hosted by quant trading firm MGNR featuring the likes of Tom Dwan

Players confirmed entry to the tournament by paying $1,000 in popular stablecoin USDC, with 50% of all buy-ins being put aside for the FTX Foundation. The Foundation has raised $10.8 million for numerous charities over the past year.

The tournament field is comprised of professional poker players including Tom Dwan, as well as traders from leading quantitive trading firms like Three Arrows Capital, CMS Holdings, Folkvang and Alameda.

It will also be streamed live on Twitch via CryptoCobain, who hosts the weekly UpOnly podcast alongside LedgerStatus.

The amount of money raised for charity demonstrates yet another key cross over between poker and trading, with both fields being underpinned by an astute knowledge of risk/reward and expected value (EV).

Traditional poker websites are beginning to warm to the idea of accepting cryptocurrencies as a form of payment, with America’s Cardroom allowing deposits from a wide range of coins and tokens, while PokerStars and PartyPoker enable deposits via third party providers like MuchBetter and Luxon. is another venue that facilitates the deposit of cryptocurrencies to play poker, with functionality that broadens out to Bitcoin’s layer two solution, the Lightning Network.




Worldwide music and entertainment giant Warner Music Group (WMG) has joined forces with OpenSea to introduce dedicated landing pages for their artists. The WMG roster will...


Though the recent months haven’t been very good for the crypto industry, this could not deter some crypto investors from being bullish about this...


The down-trending market that took its resistance from $1.35134 on the 10th of September did not go too far before it begins to face...

Crypto News

Robinhood, a leading investment app, has rolled out its newest product — a crypto wallet that charges zero transaction fees to its users. For...