In a strategic move to enter the cryptocurrency exchange market, Sony, through its subsidiary Quetta Web, acquired Amber Japan in 2023. Amber Japan, formerly known as DeCurret, was rebranded by Amber Group, a Singapore-based entity, in 2022. With this acquisition,…
Sony Bank Embarks on Stablecoin Trial Using Polygon Blockchain
Sony Bank, the banking and financial arm of the renowned Japanese technology conglomerate, has taken an innovative step forward by initiating a proof-of-concept to issue its own fiat-pegged stablecoin on the Polygon blockchain. This move comes as part of Sony’s…
Sony Unveils NFT-Like In-Camera Digital Signature Technology at CES 2024
At the forefront of technological evolution, Sony has unveiled a groundbreaking development at CES 2024 in Las Vegas. Known for their prowess in electronics, gaming, and entertainment, Sony is now leading a bold initiative in the realm of digital content…
Sony Music Is the Newest Company In the Entertainment Industry to Adopt NFTs.
Sony Music has submitted a trademark application to utilize the Columbia Records logo for non-fungible token-backed (NFT) media. Legitimizing Its Digital Products If approved, Sony Music would be permitted to use the recognizable logo for podcast and music creation, artist…
Blockchain Animated Comedy by Fox to sell NFTs while Sony seeking Patent for Bitcoin-led eSports Gambling
World of crypto is experiencing next level innovative initiatives at a rapid phase. With an ever expanding market most organizations which introduce these are very much optimistic about their initiatives. Two of such initiatives which have been making news in…
Sony to obtain Blockchain-powered digital rights management solution patent
Japanese multinational technology giant Sony intends to patent a technology solution that will improve digital rights management (DRM). The solution is based on blockchain, and the United Stated Patent and Trademark Office (USPTO) has recently published the application. In the…
Crypto Hacks Reach $1.58 Billion as Market Values Rise
The world of cryptocurrency has always been a double-edged sword. While the decentralized nature of digital currencies offers a wealth of opportunities, it also presents significant risks, especially in the realm of cybersecurity. In 2024, the crypto industry has seen…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
