Arena

The post Sony Steps Into Crypto Arena with Amber Japan Acquisition appeared first on Coinpedia Fintech News Sony, the global tech giant known for its music, gaming, and camera work, is boldly moving into the cryptocurrency market. A shocking revelation: The company announced its acquisition of Amber Japan, a prominent crypto trading platform, marking its official entry into the cryptocurrency exchange sector. Sony’s New Cryptocurrency Venture According to the local news, Sony, with a $100 billion market cap, has taken…

Fidelity, the leading asset management firm, has announced that pension funds are considering investing in cryptocurrencies. The engagement of major asset management firms like Fidelity and BlackRock suggests a growing acceptance of cryptocurrencies among institutional investors. Pension plans are cautiously considering the potential of investing in cryptocurrency assets, though at a measured pace. Manuel Nordeste, vice president of Fidelity Digital Assets, unveiled this during an event in London. He highlighted that pension plans are initiating discussions with their investment committees…

MicroStrategy, a US-based business intelligence and software company, has introduced a new decentralized identification protocol named Orange. This innovative protocol was unveiled at the annual MicroStrategy World event in Las Vegas on May 1. Orange stands out by employing a novel method of using inscriptions as Ordinals on the Bitcoin (BTC) blockchain to store data related to decentralized identities (DID). The protocol utilizes the Segregated Witness (SegWit) feature of Bitcoin. It also enables documents to be created and updated with…

Landesbank Baden-Württemberg (LBBW) – Germany’s largest federal bank – is poised to offer digital asset custody services and has teamed up with the crypto exchange Bitpanda. The main goal is to meet the increasing demand for digital asset management among institutional and corporate clients and it is scheduled for release in the latter half of 2024. According to the official announcement, LBBW will leverage Bitpanda Technology Solution’s advanced “Investment-as-a-Service” (IaaS) infrastructure to provide cryptocurrency custody and procurement services to its…

[PRESS RELEASE – Bankstown, Australia, March 25th, 2024] Xuirin Finance is an exciting new project in the world of cryptocurrency that’s all about bringing fresh ideas, being flexible, and having a clear plan for the future. The Xuirin Finance team views the Xuirin Finance (XUIRIN) as a significant milestone in decentralized finance. The project came to inception after MATIC (now Polygon) entered the crypto scene to make Ethereum more scalable. Since then, a lot of competition spurred up with different…

The crypto lending industry is built on the dedication to recreating traditional financial markets on the blockchain with the purpose of making them easier to access. Kelexo (KLXO) is a new entrant into this market, offering a Web 3 marketplace for lenders and borrowers to interact without needing a middle man. As a new entrant into this market, Kelexo (KLXO) is yet to make a name for itself as a prime crypto lending platform. However, it is designed with the…

On the 9th of March 2020, the Human Rights Foundation (HRF) announced it would begin accepting charitable donations in BTC via Twitter. HRF also revealed that it would use the BTCPayServer platform, a completely open-source program, making it impossible to censor transactions. BTCPayserver is a code. In this case, it ensures the transaction’s privacy, and it preserves the qualities of bitcoin that distinguishes it from fiat currencies. UNICEF and Save the Children Charitable Organizations, Accepts Crypto In October 2019, UNICEF…