Aave Expands to Sony Backed Soneium L2
Aave has deployed its decentralized finance protocol on Soneium, an Ethereum layer two (L2) developed by Sony Block Solutions Labs. Sony’s Soneium Welcomes DeFi Giant Aave to Its L2 Network…
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Sony’s Soneium Might Be the Answer to Mass Web3 Adoption
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…
Japan to Review Crypto Regulations, Potentially Easing Tax Burden
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…
Circle Partners With Sony to Introduce USDC on Soneium
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…
Chainlink Data Feeds go live on Soneium’s Minato testnet
Soneium's integration with Chainlink could significantly enhance blockchain interoperability and scalability, driving broader adoption and innovation. The post Chainlink Data Feeds go live on Soneium’s Minato testnet appeared first on…
Web3 Startup Startale Labs Secures Investment From Samsung Next Following Sony Partnership
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…
Sony Group acquires Amber Japan, officially steps into crypto exchange arena
Sony Group has entered the crypto exchange market by acquiring Amber Japan, expanding its diverse portfolio. The post Sony Group acquires Amber Japan, officially steps into crypto exchange arena appeared…
Sony Bank Tests Yen-Pegged Stablecoin, Taps Polygon for Pilot Project
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…
Sony Files ‘Super-Fungible Token’ NFT Patent
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,”…
Startale Labs Secures $3.5M in Funding to Boost Web3 Innovation; Gains Support From Samsung Next and UOB
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…