Sony’s L2 blockchain Sonieum goes live amid community backlash
Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start. Go to Source
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Sony’s Soneium mainnet launched, aiming to simplify Web3 with NFT-driven fan engagement, but it got off to a rocky start. Go to Source
If you are unfamiliar with the launch of Soneium, you need to read this article because Sony is positioning itself as a bridge for mainstream audiences into Web3. This piece is a guest post by Blocmates. Blocmates is an invaluable crypto news and educational resource that offers clarity in the often complicated and jargon-filled crypto … Read more
Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments act provide sufficient investor protection. The review may lead to reclassifying crypto as financial instruments under Japan’s investment law, which could enhance safeguards and bring … Read more
Circle, a financial services company, and Sony Block Solutions Labs, a Sony Group company, have partnered to launch USDC, a dollar-pegged stablecoin, on Soneium, an Ethereum L2 blockchain. The collaboration includes the launch of Bridged USDC on Soneium to be part of the economy of the emergent ecosystem, becoming a primary token for value exchange. … Read more
The firm says it wants to make its stablecoin the standard for Web3 creators using Sony’s new layer-2 blockchain. Go to Source
Samsung Next has announced its investment in Startale Labs, a company at the forefront of the Web3 ecosystem. This partnership aims to address the limitations of centralized systems by providing essential tools and infrastructure for decentralized applications (dapps) and smart contracts. Startale Labs, known for its innovative solutions like the Astar Network and Soneium, is … Read more
S.BLOX aims to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions. Go to Source
According to a regional report, Sony Bank of Japan is currently exploring the potential of a stablecoin tied to the yen that could be utilized by Sony Group along with its associated entities. Insiders revealed that this endeavor’s testing phase employs the Polygon blockchain, with the crypto firm Settlemint lending its support. Polygon and Settlemint … Read more
Sony, the Japanese electronics behemoth, has filed a patent involving the use of non-fungible tokens (NFTs) as part of in-game mechanics. Sony’s patent describes the usage of a “Super-Fungible Token,” an amalgamation of a set of gaming assets, allowing the selection of only one of them per time in the gaming implementation. Sony Files Patent … Read more
Startale Labs disclosed this week that it has garnered an additional $3.5 million in funding from UOB Venture Management. This latest seed funding round elevates the startup’s total investment to $7 million, which is earmarked for enhancing the firm’s Web3 offerings. Startale Labs Bags $3.5M Capital Injection From UOB Startale Labs, known for spearheading initiatives … Read more