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India’s Enforcement Directorate has exposed a massive $48 million scam linked to the online gaming app Fiewin, connected to Chinese nationals. Following an in-depth investigation, an equivalent of about $3 million has been frozen in accounts tied to these individuals. The scam lured users with quick earning schemes but blocked fund withdrawals. The investigation also … Read more
Hamster Kombat, one of the games capitalizing on the “clicker” mania of applications distributed via Telegram, has updated its roadmap after its airdrop on Thursday. The roadmap outlines the inclusion of new elements, such as NFTs, into the game and the release of major gaming titles tied to the game’s token economy. Hamster Kombat to … Read more
The new “Gameshift” service will serve as a Web2-to-Web3 bridge for developers. Go to Source
Puma’s latest partnership could be a “pivotal moment for mainstream crypto adoption” and play-to-earn gaming. Go to Source
Chinese authorities’ recent actions to define crypto as a money laundering tool could influence the performance of its billion-dollar gaming industry. SCMP’s Hugh Harsono argues that these measures may affect games like Metacene, which has introduced cryptocurrencies as in-game currency. In addition, games that include play-to-earn components and non-fungible tokens (NFTs) could also be impacted … Read more
Consumers fall prey to many deceptive practices when buying and using in-game currencies in video games, claims BEUC. Go to Source
CCP games says it isn’t a blockchain game; it’s a game that utilizes blockchain. Go to Source
Some of the CARV accelerator’s top partners already include Arweave, Litentry and Alibaba Cloud. Go to Source
Mini-dApps, microgames, and the burgeoning prediction markets sector appear to be the most popular methods for retaining engagement. Go to Source
The firm claims to have 30M total users and the top revenue spot among Telegram apps. Go to Source
