In summary
- Hamster Kombat launched its HMSTR token on The Open Network (TON), attracting millions of users, but the price of the token fell significantly.
- Binance helped Indian authorities arrest four individuals suspected of a $47 million scam involving the Fiewin app.
- The new Deaddrop gameplay trailer has been released, showing notable gameplay improvements.
The Cryptocurrency and NFT gaming space is booming, with a constant stream of notable releases, token giveaways, and frenetic activity. It’s hard to take in everything that’s happening, but don’t worry! GG from Decrypt is here to keep you up to date.
We make sure to stay up to date with all the news. If you need to quickly catch up on the latest movements around cryptocurrency gaming, you’re in the right place. We are excited to present “Week in Crypto Games”.
In our weekend roundup, we round up the biggest news from the past week and give you some extra details you might have missed. Additionally, we highlight some of our most relevant original stories. Get ready to stay on top of everything related to crypto gaming!
Most Featured News
Hamster Kombat Airdrop: Ultra-viral Telegram app Hamster Kombat launched its HMSTR token on The Open Network (TON) on Thursday. The tap-to-win game attracted more than 300 million users, with 131 million of them being eligible for the airdrop, although 2.3 million players were banned for cheating.
But not everyone was happy with the “free money” they received. Several players described their HMSTR reward as “dust” as the token price fell to as low as $0.006; Pre-market trading predicted its price to be $0.095 the day before the airdrop. But traders remained interested in the airdrop, with more than $1.2 billion in trades in the first 24 hours. And TON stood firm, despite the concerns.
Ahead of the airdrop, Hamster Kombat revealed its roadmap for next year. The anonymous team plans to launch NFTs, create and launch new games, and above all begin to distance itself from exclusivity on Telegram.
Your first step in this will be to create a progressive web app (PWA) for iOS, Android, and desktop—PWAs are websites that behave like regular apps. Months later, the team will look to move away from the PWA by directly integrating Hamster Kombat into desktop games.
$47M Gaming Scam: Binance helped Indian authorities arrest four individuals suspected of defrauding victims of $47.6 million and then laundering the funds. This was linked to online betting and gaming app Fiewin, which promised users easy profits but ultimately trapped their funds, not allowing them to withdraw their money.
The investigation found that the app froze accounts once significant funds were accumulated, then transferred them across multiple cryptocurrency wallets to make the transactions harder to trace. However, Binance’s Financial Intelligence Unit (FIU) provided technical expertise to track the movement of funds.
In case you missed it
GG Highlights
Here are some of our original stories from last week that we think are worth reading over the weekend:
Edited by Andrew Hayward
GG Newsletter
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