Ethereum blockchain

NYRA Bets Holding, LLC, a subsidiary of NYRA Bets, LLC, the official online wagering platform of the New York Racing Association, Inc., and Game of Silks, the online game connected to the real world of Thoroughbred horse racing, announced Wednesday a new partnership resulting in NYRA Bets Holding, LLC acquiring a minority equity ownership position in Game of Silks. In addition to this strategic investment, the partnership establishes Game of Silks as the Official Blockchain Game and Metaverse Partner of NYRA. The agreement will enable the global horse racing industry...

There's an adage in poker playing that says if you take a look around the card table and can't tell who the sucker in the game is, it's you. There's also an old saw about never investing in any business transaction you don't fully understand or can't explain to someone else (or yourself) in fewer than 30 seconds. Nevertheless, the cryptocurrency-styled racehorse trading spree rages on at Zed Run, the online global marketplace that went live in 2018 and has since sold 11,000 "Thoroughbreds" that exist only as digital assets...