Crypto Hunt may be the Pokémon Go of cryptocurrency, mixing augmented reality and blockchain technology to expose people to digital coins through a game.
“We’re going to have our own token,” Joe Blackburn, head advisor at Crypto Hunt, told Cheddar. “That’s going to allow the user to be able to take that token and exchange it on an exchange. And on the roadmap, we’re also going to have debit cards available.”
Pokémon Go, which was developed by Niantic in partnership with Nintendo, became a hit mobile game in 2016. Crypto Hunt hasn’t been released yet, but Blackburn hopes to strike similar gold when it is.
“I anticipate that we’re going to have a lot of interest, and not just from crypto,” he said. “Let’s say you’re a coffee shop in New York City, and you want to host a Crypto Hunt tournament. We place one of the chests right in front of the coffee shop...The owners of these shops want us there because it’s going to bring people in.”
Crypto Hunt will raise funds for its launch in an ICO on March 1.
For the full interview, [click here](https://cheddar.com/videos/the-pokemon-go-of-crypto).
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Spain's government has fined Airbnb 64 million euros or $75 million for advertising unlicensed tourist rentals. The consumer rights ministry announced the fine on Monday. The ministry stated that many listings lacked proper license numbers or included incorrect information. The move is part of Spain's ongoing efforts to regulate short-term rental companies amid a housing affordability crisis especially in popular urban areas. The ministry ordered Airbnb in May to remove around 65,000 listings for similar violations. The government's consumer rights minister emphasized the impact on families struggling with housing. Airbnb said it plans to challenge the fine in court.
Roomba maker iRobot has filed for Chapter 11 bankruptcy protection, but says that it doesn’t expect any disruptions to devices as the more than 30-year-old company is taken private under a restructuring process. iRobot said that it is being acquired by Picea through a court-supervised process. Picea is the company's primary contract manufacturer. The Bedford, Massachusetts-based anticipates completing the prepackaged chapter 11 process by February.
Serbia’s prosecutor for organized crime has charged a government minister and three others with abuse of position and falsifying of documents related to a luxury real estate project linked to U.S. President Donald Trump’s son-in-law Jared Kushner. The charges came on Monday. The investigation centers on a controversy over a a bombed-out military complex in central Belgrade that was a protected cultural heritage zone but that is facing redevelopment as a luxury compound by a company linked to Kushner. The $500 million proposal to build a high-rise hotel, offices and shops at the site has met fierce opposition from experts at home and abroad. Selakovic and others allegedly illegally lifted the protection status for the site by falsifying documentation.
Wealthfront’s CFO Alan Iberman talks the $2.05B IPO and the major moment for robo banking as the company bets on AI, automation, and “self-driving money."
A rare magnum of Dom Pérignon Vintage 1961 champagne that was specially produced for the 1981 wedding of Prince Charles and Lady Diana has failed to sell during an auction. Danish auction house Bruun Rasmussen handled the bidding Thursday. The auction's house website lists the bottle as not sold. It was expected to fetch up to around $93,000. It is one of 12 bottles made to celebrate the royal wedding. Little was revealed about the seller. The auction house says the bids did not receive the desired minimum price.
