Virtual world project The Sandbox announced its metaverse accelerator program that will push the development of the open metaverse by investing $50 million in startups. The Animoca Brands subsidiary is partnering with the venture accelerator firm Brinc to target 30 to 40 blockchain startups a year for the program.The Sandbox Metaverse Accelerator Program will allocate up to … [Read more...] about The Sandbox announces $50M fund for its startup accelerator program
Startup
Blockchain Data Startup Lukka Reaches $1.3B Valuation
Founded in 2014, New York-based Lukka offers institutional-grade crypto asset data and software that helps businesses interact with crypto assets, including asset data management, transactions and downstream services. The company's customer base spans from crypto asset exchanges to institutional trading desks to CPA and accounting firms. Source link … [Read more...] about Blockchain Data Startup Lukka Reaches $1.3B Valuation
Russia’s Tinkoff Banking Group Buys Majority Stake in Swiss Crypto Startup Aximetria
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about Russia’s Tinkoff Banking Group Buys Majority Stake in Swiss Crypto Startup Aximetria
NYDIG-Owned Payments Startup Bottlepay Obtains FCA Registration
Payments startup Bottlepay said it has been approved by the Financial Conduct Authority (FCA) to carry out crypto-asset activities in the U.K., making it the first Lightning network-based firm to win permission from the country’s financial regulator .Bottleplay, which is owned by bitcoin investment company NYDIG, allows users to make micropayments using messages on Twitter, … [Read more...] about NYDIG-Owned Payments Startup Bottlepay Obtains FCA Registration
SEC Charges Founder of Crypto Startup Crowd Machine With Fraud
“As alleged, Sproule and Crowd Machine misled investors about how they were using ICO proceeds, spending funds on an entirely unrelated scheme,” Kristina Littman, Chief of the SEC Enforcement Division’s Cyber Unit said in the statement. “We will continue to hold accountable issuers of digital asset securities who fail to provide fulsome and truthful disclosure to the public,” … [Read more...] about SEC Charges Founder of Crypto Startup Crowd Machine With Fraud