Singapore-based crypto gaming startup Kandle has raised $1.7 million in a seed funding round for GameFi project. The round was led by Saama with participation from Good Capital, PointOne Capital, Cloud Capital, Seeders Fund, Founder’s Room, and CoinDCX CEO Sumit Gupta. GameFi is a blockchain-based platform for gaming and decentralised finance that lets users earn […]
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Operators of Mahadev Book illegal betting app, on the night of July 22-23, kidnapped two individuals from Bhopal, Madhya Pradesh. Reportedly, the operators made them hostages in a hotel by bringing them to Bhilai, Chhattisgarh. The arrested operators of Mahadev Book app were identified as Shahrukh Khan, Chandresh Verma, Rahul Sinha, and Akash Sahni. The […]
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The recent GST council announcement have sent gamers and gaming companies wondering how the decision will affect the industry as a whole. Further, it seems that the decision is not fully clear, as several gamers and esports players have voiced their concerns about the GST. Although revenue secretary Sanjay Malhotra clarified that only real money […]
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Bookie involved in Rs 58 crore scam was local coordinator of Mahadev Book: Nagpur Police
Following the uncovering of the Rs 58 crore illegal online gambling app scam in Nagpur, the police have started investigation on 18 other similar apps as a part of crackdown on bookie Anant Jain alias Sontu Gondia. The police believe he was the local coordinator of Mahadev Book, an illegal betting app which has many […]
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UK govt rejects Parliamentary Committee’s recommendation to regulate cryptos as gambling
The United Kingdom government has rejected a proposal made by the House of Commons Treasury Committee to regulate crypto retail trading in the same way it oversees gambling, highlighting that it “firmly disagrees” with the committee’s stance. The House Treasury Committee is headed by Harriett Baldwin from Conservative Party. The report from UK’s parliamentary treasure […]
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With online gaming becoming more and more popular, there is a growing trend of scams and people being susceptible to them. In a recent example, a 50-year-old businessman from Nagpur has fallen victim to a gambling scam, losing a humongous Rs 58 crore. The businessman came in contact with a bookie named Anant Navratan Jain […]
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Acer has launched new Nitro 16 laptop with latest gen NVIDIA RTX graphics card and Ryzen processors, and it’s time we let you know about its features. Speaking on the release, Chief Business Officer of Acer India, Sudhir Goel said, “With its cutting-edge features and a gorgeous 16-inch display, the Nitro 16 aims to revolutionize […]
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Tired of mindlessly grinding loot in a live service game, shooting opponents in a multiplayer esports title or “Getting Gud” in single-player story games? Take a break and try out some cosy games. Cosy games are casual games without any opponents, grind for in-game items or tough boos fights. These games are made to relax […]
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“India Ki Sabse Pehli Esports Aur Gaming Academy” – CarryMinati announces collaboration with MP Esports Academy
Popular Indian YouTuber and gamer Ajey Nagar aka CarryMinati recently took to Twitter to announce his collab with the Madhya Pradesh government. His gaming arm “Big Bang” has collaborated with the Govt to develop first-ever gaming and esports academy in the state capital Bhopal. He talks about how academies for various activities are present in […]
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Offshore illegal betting website FairPlay is now taking advantage of the recent announcement by the GST council to levy 28% GST on online gaming. It has now befooled users to come and play on the platform. Despite being an illegal platform, it claimed that users do not need to pay any GST and taxes on […]
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