Sony, the 78-year-old Japanese electronics giant, is the latest legacy megacorp to explore blockchain technology. On Tuesday, the company announced that it is officially launching “Soneum,” a general-purpose blockchain platform. The team behind Sony Block Solutions Labs (SBSL), a joint project between Sony Group and Singapore-based Startale Labs, describes Soneuim — technically a layer-2 network […]

Until recently, it was “green candle galore” in the crypto markets since Trump’s election win. Bitcoin momentarily broke the all-important $100,00 level, a near 500% recovery from the 2022 Crypto Winter lows, and optimism for crypto is even reaching Congress, where talks of a U.S. National Bitcoin Reserve are gaining serious steam. If stock market

MoonPay, a crypto infrastructure service provider, has bought Helio, a Solana-powered crypto payment processor. According to Fox Business, the deal is reportedly worth $175 million. The Miami-based company aims to expand its trading and marketplace volume using Helio’s products. “This acquisition is an important step in advancing our vision for the future of payments,” said

The U.S. Securities and Exchange Commission must now thoroughly “explain itself” for refusing to grant Coinbase.’s formal request that the agency write regulations for how the industry should assess whether crypto assets are securities or not, according to a circuit-court ruling on Monday. A three-judge panel for the U.S. Court of Appeals for the Third

Blockchain analytics company Chainalysis said Monday it had acquired fraud detection startup Alterya. The deal carried a price tag of $150 million, according to Business Insider. Chainalysis, the largest company tracing illicit crypto flows on behalf of financial institutions and governments, plans to bolster its scam-stopping capabilities with Alterya, CEO Jonathan Levin told CoinDesk. The

Tether, the crypto behemoth behind the $137 billion stablecoin USDT, is establishing headquarters for the group in bitcoin-friendly nation state El Salvador, the company said on Monday. The firm said the development came after acquiring all the necessary licensing as a stablecoin issuer in the country. The move will see Tether relocate incorporated subsidiaries to

The Federal Deposit Insurance Corp. will soon be under new management, and the senior Republican there, Travis Hill, has outlined some pro-crypto policy thoughts just before he’ll take over – at least on a temporary basis, if not as the permanent new chairman. FDIC Vice Chairman Hill, who is expected to be among those in

JPMorgan Chase (JPM) CEO Jamie Dimon is nothing if not consistent when it comes to his views on Bitcoin (BTC). “Bitcoin itself has no intrinsic value,” he said in an interview with CBS News on Sunday. “It’s used heavily by sex traffickers, by money launderers, ransomware. So I just don’t feel great about Bitcoin.” Similar

Non-fungible token (NFT) project Azuki has announced the release of ANIME, a Japanese cartoon-themed token described on its website as a “culture coin.” The price of the Azuki NFTs rose by 9.1% following the announcement, with the cheapest NFT selling for 13.77 ETH ($42,000), according to CoinGecko. “We acquired Anime.​com, soon to launch alongside Animecoin

One of the largest investment companies in the world with more than $2.3 trillion in assets under management, Los Angeles-based Capital Group has become one of the biggest shareholders in Metaplanet. Based in Japan, Metaplanet was a hotel industry investor that’s become notable over the past year for its bitcoin (BTC) treasury strategy modeled along