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Sony subsidiary rebrands to S.BLOX, expands crypto trading

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Sony Group’s subsidiary, Amber Japan, has rebranded to S.BLOX as of July 1, aiming to enhance WhaleFin’s user interface and features, reflecting Sony Group’s growing crypto ambitions. This rebranding follows the acquisition of WhaleFin by Quetta Web, a wholly-owned subsidiary of Sony Group Corporation, in August 2023. The Tokyo-based company, known for managing WhaleFin, plans to collaborate with various Sony Group businesses to expand its crypto trading efforts.

S.BLOX announced significant plans to renew its WhaleFin service amid the rebranding, including a complete overhaul of the user interface and the release of new applications. These updates aim to make the service more user-friendly and expand its features, aligning with Sony’s strategy to remain competitive in the crypto market.

Established on January 10, 2018, S.BLOX is wholly owned by Quetta Web, demonstrating Sony Group’s full investment in the crypto exchange company. The latest financial data indicates that S.BLOX’s capital is approximately 1.7 billion yen (around $10.5 million). The company is registered under the Kanto Local Finance Bureau Director No. 00015 and is a member of the Japan Virtual Currency Exchange Association (JVCEA), which oversees the regulation and compliance of cryptocurrency trading within Japan’s regulatory framework.

In a related development, Sony recently issued warnings to over 700 entities, including OpenAI, Microsoft, Google, Spotify, and Apple Music, against the unauthorized use of its copyrighted material in AI applications. This action underlines Sony’s commitment to protecting its intellectual property and ensuring appropriate compensation for the firm and its artists.

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Source: cointelegraph.com

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Blockchain

ZBD and Finfare partner to offer gamers cash rewards for their everyday purchases!

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Finfare Connect, a market-leading rewards platform empowering businesses to engage and retain customers through personalized offers, has announced an innovative collaboration with ZBD, a leading payments company at the forefront of digital economies.

Finfare Connect is a part of Finfare Inc., a thriving fintech company with offices in Irvine, California and London.

Through this strategic alliance, Finfare will provide ZBD users with access to affiliate, card-linked, and instant cashback offers, enabling them to earn Bitcoin through everyday purchases, above and beyond those already earned via the ZBD app.

Beginning today, ZBD users will have the option to link their payment card or multiple payment accounts to start automatically earning rewards while shopping online or at in-person stores. Card linking involves connecting a single payment card, while account linking occurs when a user connects multiple bank accounts to earn highly customized rewards.

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In terms of rewards,  ZBD users who sign up for the program will have access to offers from thousands of well-known brands such as Nike, Adidas, Asics, Crocs, Tommy Hilfiger, Urban Outfitters, Cole Haan, Steve Madden; and popular retailers such as Nordstrom, Brookstone and Best Buy, among many others.

ZBD’s innovative app immerses users in a world of games and apps, allowing them to earn Bitcoin while enjoying diverse entertainment experiences.

Now, US-based ZBD users will be able to seamlessly earn Bitcoin through their everyday purchases simply by linking their payment accounts via the ZBD app. Then, they will automatically earn Bitcoin whenever they purchase an item that’s promoted by FinFare.

“We are thrilled to launch this exciting offering with ZBD,” said Alan Zrado, Executive Vice President, Finfare Connect. “Through this alliance, we are enhancing the way ZBD users engage with digital payments, offering them unparalleled opportunities to earn Bitcoin through their everyday transactions. This partnership also underscores our commitment to empowering businesses by providing their customers with compelling, customized, and valued rewards.”

“We are excited to join forces with Finfare Connect to give ZBD users greater value by giving them more ways to easily earn Bitcoin rewards,” said Ben Cousens, Chief Strategy Officer of ZBD. “By combining Finfare Connect’s expertise in personalized offers with ZBD’s cutting-edge payments technology, we are providing our users with a great way to earn Bitcoin by shopping as they  normally would anyway.”

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Blockchain

Keabank Launches World’s First Payment Intelligence Service to Simplify Global Payments

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Blockchain

Hata, a dual-licensed digital asset exchange in Asia raises $4.2 million to make digital assets more accessible

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