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Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
5.4.2024
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...
Japan’s Sony Bank Experiments with Issuing Stablecoin Pegged to Yen on Polygon
5.4.2024
Sony Bank, the financial arm of the renowned Japanese gaming and entertainment conglomerate, Sony Group, has embarked on a proof-of-concept endeavor to introduce its stablecoin, pegged to fiat currency like Yen.
The post Japan’s Sony Bank Experiments with Issuing Stablecoin Pegged to Yen...
Google Files Lawsuit Against Crypto Scammers for Launching Fraudulent Apps on Google Play
4.4.2024
Google has filed a lawsuit against a group accused of defrauding more than 100,000 individuals worldwide by uploading fraudulent investment and crypto exchange apps to Google Play.
The post Google Files Lawsuit Against Crypto Scammers for Launching Fraudulent Apps on Google Play appeared first...
Star Wars: KOTOR Remake Is Coming Along Just Fine, Says Saber CEO
3.4.2024
A lot can happen to games that get stuck in development limbo. They can get passed around like a hot potato, stopped and restarted several times, and even canceled. Saber Interactive’s Knights of the Old Republic remake has experienced many of these trials and tribulations, but has eluded the worst...
Central Bank Group Starts Tokenization Project to Enhance Monetary System
3.4.2024
The project will investigate the integration of tokenized commercial bank deposits with central bank money using smart contracts and programmability, the Bank for International Settlements said
3 Major UK Banks Bet On Blockchain Property Network With $12M Backing
3.4.2024
Lloyds Bank, Nationwide Building Society, NatWest Group, and property portal Rightmove collectively invested £10m (about $12.6m) in Coadjute, a blockchain firm focused on property transactions.
The post 3 Major UK Banks Bet On Blockchain Property Network With $12M Backing appeared first...
Exclusive: Ant Group’s ZAN Becomes Core Chain’s Validator to Fortify Blockchains’ Security in Asia-Pacific
2.4.2024
Ant Group’s Web3 security solutions provider ZAN has become a validator on Core Chain – EVM-compatible blockchain secured on Bitcoin.
The post Exclusive: Ant Group’s ZAN Becomes Core Chain’s Validator to Fortify Blockchains’ Security in Asia-Pacific appeared first on Cryptonews
Bitcoin Futures Open Interest Hits Record $37.55 Billion With CME Leading the Pack
29.3.2024
On Friday, March 29, 2024, the combined open interest in bitcoin futures reached a new all-time peak of $37.55 billion. This uptick occurs amid buoyant bitcoin markets and a growing attraction from institutional investors. Bitcoin Futures Open Interest Reaches Unprecedented $37.55 Billion Since...
Embracer Sells Borderlands Maker Gearbox For Less Than Half Of What It Paid
28.3.2024
Another company has escaped the gaping, acquisition-hungry maw that is publisher Embracer Group, as Borderlands developer Gearbox Software has been sold to Take-Two Interactive. This lines up with Kotaku’s previous reporting on the matter in February, in which sources told us Gearbox was nearing...
What Is Dragonsplague? Dragon’s Dogma 2’s Devastating Contagion Explained
27.3.2024
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Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report
27.3.2024
Barry Silbert, founder and CEO of crypto conglomerate Digital Currency Group (DCG), stands to potentially gain up to $1 billion through a sophisticated maneuver involving the bankruptcy system.
The post Barry Silbert Could Pocket $1 Billion in Personal Gains by Exploiting Bankruptcy System: Report...
Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe
27.3.2024
A South Korean court has released the son of software giant Hancom Group’s Chairman on bail as prosecutors continue to probe an alleged “crypto slush fund.”
The post Hancom Scion Released on Bail in South Korean ‘Crypto Slush Fund’ Probe appeared first on Cryptonews
UK Government-Backed Technology Group Encourages Tokenization Collaboration Among Firms
26.3.2024
A new report released on Tuesday outlines the recommendations of a technology working group supported by the UK government, which encourages companies to adopt tokenization strategies in collaboration with their industry peers.
The post UK Government-Backed Technology Group Encourages Tokenization...
DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule
26.3.2024
Crypto advocacy group DeFi Education Fund and Texas-based apparel firm Beba sued the SEC on Monday, aiming to establish that airdrops should not be classified as securities.
The post DeFi Education Fund, Apparel Firm Sue SEC Over Unwritten Airdrop Securities Rule appeared first on Cryptonews
Fortnite Now Lets You Make Your Own Lego Games Inside It
21.3.2024
The partnership between Lego and Fortnite is expanding even more. Epic announced at GDC that players can now create and share games within Fortnite using Lego-themed assets. Read more
FTX Was Down to Last 105 Bitcoins When Bankruptcy Rescue Crew Arrived: John Ray
21.3.2024
John J. Ray III Fires Back Against SBF’s ‘Delusional’ Claims Customers Lost No Money in FTX Collapse
Breaking: Ethereum Foundation Faces Investigation by Unnamed ‘State Authority’ – Will ETH Get Banned?
20.3.2024
The Ethereum Foundation, the Switzerland-based non-profit organization that created and continues to develop the Ethereum blockchain, faces investigation by an unnamed “state authority”, the group’s GitHub repository says.
The post Breaking: Ethereum Foundation Faces Investigation by Unnamed...
South Korean Political Parties Present Policy Promises as Crypto Investors Emerge Key Voting Group
20.3.2024
With only three weeks remaining until the general election, South Korea's rival political parties are vying for support from crypto investors, who have emerged as a key voting group.
The post South Korean Political Parties Present Policy Promises as Crypto Investors Emerge Key Voting Group...
Wu-Tang’s Ghostface Killah Set To Release Exclusive Music On Bitcoin
19.3.2024
Popular American rapper and member of the acclaimed hip-hop group Wu-Tang Clan, Dennis David, also known as Ghostface Killah, has revealed plans to release a collection of exclusive music as Bitcoin Ordinals. Ghostface announced this on X (formerly Twitter) on March 18.
The post Wu-Tang’s...
Bitcoin Rebounds to $65K as Investors Weigh Looming Fed Decision Risk
19.3.2024
Disappointing flows into bitcoin ETFs over the past days partly resulted from investors trimming risks ahead of Wednesday's FOMC meeting, one market observer said