Blockchain
Sony subsidiary rebrands to S.BLOX, expands crypto trading
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.
Source: cointelegraph.com
The post Sony subsidiary rebrands to S.BLOX, expands crypto trading appeared first on HIPTHER Alerts.
Blockchain
Sui’s Path Forward: Bybit Web3 and Sui Foundation to Host Exclusive Debate Live at Taipei Blockchain Week
Bybit Web3
Prosper, the leading decentralized protocol offering institutional-grade Bitcoin mining power on-chain, proudly announces its role as the official Hashrate Sponsor for Bitcoin MENA 2024. The highly anticipated conference will take place on December 9-10, 2024, at the iconic Abu Dhabi National Exhibition Centre (ADNEC), bringing together industry experts and key players from the global Bitcoin ecosystem and the wider crypto industry.
As the official Hashrate Sponsor, Prosper will feature prominently at the event and host an interactive booth where attendees can engage directly with its team and explore how Prosper is setting the standard for institutional-grade Bitcoin mining power on-chain, further unlocking Bitcoin’s full potential as the most decentralized cryptocurrency.
“As one of the most innovative community-focused projects under Animoca Brands, we are excited to showcase our unique offering at this year’s Bitcoin MENA event which aligns perfectly with our mission to democratize access to Bitcoin and its mining power,” said Milton Lam, Advisory Council Member & Launch Partner, Prosper. “Our participation underscores our leadership in institutional-grade Bitcoin mining innovation, advancing the possibilities of the world’s original and most decentralized cryptocurrency.”
Bitcoin MENA 2024 will bring together global leaders and influential voices, including Eric Trump, Prince Filip of Serbia and Saifedean Ammous, to shape the conversation on Bitcoin’s future.
Eric Trump, Executive Vice President of the Trump Organization, will deliver a keynote address at Bitcoin MENA 2024, marking a significant milestone for the event. His participation brings a wealth of business acumen and leadership experience to discussions on Bitcoin’s growing adoption in the Middle East. Following Donald J. Trump’s appearance at Bitcoin 2024 in Nashville this July, the Trump family’s growing support for Bitcoin as a solution to combat inflation in the U.S. underscores the event’s importance.
Other notable attendees include Prince Filip of Serbia, Saifedean Ammous, author of The Bitcoin Standard and Abdulla Al Dhaheri of the Blockchain Centre Abu Dhabi. Their involvement highlights Bitcoin MENA’s influence and Abu Dhabi’s emerging role as a central hub in the global Bitcoin economy.
The Abu Dhabi edition of the Bitcoin Conference promises to be a transformative event, uniting institutional investors, developers, influencers and enthusiasts to explore Bitcoin’s rapidly growing potential in the region and globally.
The post Prosper Powers Bitcoin MENA 2024 as Official Hashrate Sponsor appeared first on News, Events, Advertising Options.
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