Can the pioneer of blockchain gaming survive the crypto winter?

Q: How long will it take to read this news story?

The story "Can the pioneer of blockchain gaming survive the crypto winter?" has 2700 words across 112 sentences, which will take approximately 12 - 23 minutes for the average person to read.

Q: Which news outlet covered this story?

The story "Can the pioneer of blockchain gaming survive the crypto winter?" was covered 1 months ago by Financial Times, a news publisher based in United States.

Q: How trustworthy is 'Financial Times' news outlet?

Financial Times is a fully independent (privately-owned) news outlet established in 1888 that covers mostly markets, finance, and investing news. The outlet is headquartered in United States and publishes an average of . It's most recent story was published 8 hours ago.

Q: What do people currently think of this news story?

The sentiment for this story is currently Neutral, indicating that people are not responding positively or negatively to this news.

Q: How do I report this news for inaccuracy?

You can report an inaccurate news publication to us via our contact page. Please also include the news #ID number and the URL to this story.<ul><li>News ID: #5181446</li><li>URL: https://beamstart.com/news/can-the-pioneer-of-blockchain-16755772091116</li></ul>

Financial Times 1 mo ago

Can the pioneer of blockchain gaming survive the crypto winter? - Financial Times

Quick Summary:

Yat Siu has become the pre-eminent investor in this hyped field.

But the collapse in the crypto market was as dramatic as its rise, and the impact has been clear in the token markets on which Animoca built its success.

The accountancy firm, which had audited Animoca since it listed, painted a picture of undocumented and opaque dealings, including with related parties, and said there was “little if any documentary evidence available [to] support the investments made” by Animoca.“Our audit procedures to date have indicated significant risks of management override of controls, potential for undisclosed related party transactions and undisclosed commitments for expenditure,” it added.