>"The Sandbox continues its rally, with SAND rising 244% this week on metaverse hype and news of a fresh $93 million funding round."

"Digital Currency Group announced today a $700 million investment from big-name investors, pushing the crypto conglomerate’s valuation to $10 _...Read More_

Insight Partners and Softbank Vision Fund 2 co-led the funding round, according to an Oct. 21 press release. Additional participants include former NFL quarterback Peyton Manning, Connect Ventures, Will Ventures, Gaingels, Com2Us, and _...Read More_

"SoftBank Vision Fund 2 led the funding, which also included Matrix Capital Management, Sapphire Ventures and Morgan Creek Digital."

"In the venture capital world, a privately-held startup company becomes a “unicorn” when its valuation exceeds $1 billion."

>"The Japan-based chat app operator Line will offer customers handouts of its cryptoasset as a bonus when they make fiat payments using _...Read More_

"LINE PLUS has released a blockchain for central banks to issue their own digital currencies."

The firm currently has around 4 billion reais (almost $76 million) in assets under management. Hashdex, a Brazilian crypto asset manager, has raised $26 million in _...Read More_

[https://www.businessinsider.com/softbank-masayoshi-son-doesnt-understand-bitcoin-sold-stake-price-distraction-2020-11?amp&__twitter_impression=true](https://www.businessinsider.com/softbank-masayoshi-son-doesnt-understand-bitcoin-sold-stake-price-distraction-2020-11?amp&__twitter_impression=true) >"The SoftBank CEO invested close to $200 million of his own money into bitcoin, but _...Read More_