Sony Dives into Crypto 🤝

Is market sentiment starting to improve?

Author

Justin
July 01, 2024 • Read Time: 6 minutes

What a weekend!

Sony Group has declared its entry into the crypto market with the acquisition of crypto exchange Amber Japan, now rebranded as S.BLOX.

This strategic move is not just a toe-dip but a full plunge into the intricate world of Web3 and digital assets. Amidst a turbulent period for its predecessor, Amber Group, Sony’s takeover points to a clear intent to redefine the crypto space.

With plans to integrate its vast network across technology and entertainment into S.BLOX, Sony is set to stir up the crypto exchange scene.

Let’s dive into what happened over the weekend. 👇

  • Sony Group expands into the crypto exchange market by acquiring Amber Japan to innovate in Web3 and digital assets. — Read More

  • Bitfinex analysts predict a significant crypto bull run triggered by a possible Q3 approval of a U.S. spot Ether ETF. — Read More

  • VanEck and 21Shares push for Solana ETPs, facing SEC's scrutiny as Solana is seen as an unregistered security. — Read More

  • Keith Gill, known as Roaring Kitty, is sued for allegedly manipulating GameStop stock prices via social media posts. — Read More

  • Venture capitalist Peter Thiel questions Bitcoin's effectiveness as a financial freedom tool, despite holding a small position. — Read More

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