Sony Bank’s Crypto Push Sparks Fierce Opposition From US Banking Group
The Office of the Comptroller of the Currency (OCC) has been pressured to turn down Sony Bank’s bid to enter US crypto banking. According to reports, letters from banking and community groups filed in early November have raised sharp opposition about the plan and its possible effects. Related Reading: Visa Taps Stablecoins To Eliminate Payment […]
Related News
Sony Group Corporation has revealed it has partnered with Theta Labs in order to launch 3D non-fungible token (NFT) assets. The upcoming NFTs will be crafted for the Sony Spatial Reality Display and are designed for three-dimensional viewing. Sony 3D NFTs to Enhance Spatial Reality Display Features The Japanese multinational conglomerate corporation Sony is working with Theta Labs, the creators of the Theta blockchain. The Theta project is described as a decentralized video streaming network or video delivery network with its own native crypto asset, theta network (THETA). According to....
Sony, the global electronics giant, has announced it will take a more focused approach when it comes to metaverse experiences as part of its entertainment strategy. The company that owns the Playstation brand revealed that prior investments in Epic, makers of the Fortnite game, and Bungie, another gaming studio, are part of this new push.
Sony to Take Metaverse Seriously
Gaming and entertainment brands are now trying to integrate metaverse experiences to entice more users to enter their ecosystems. Sony, one of the most influential companies when it comes to entertainment and....
The Federal Bureau of Investigation (FBI), in collaboration with Citibank, Sony, and Japanese law enforcement, has taken action to “return more than $154 million in funds that were allegedly stolen from a subsidiary of Tokyo-based Sony Group Corporation.” The U.S. Department of Justice detailed: “As a result of this coordinated effort, investigators obtained the ‘private key’ … needed to access the bitcoin address.”
Citibank and Sony Help FBI Seize Bitcoin Worth $180 Million
The U.S. Department of Justice (DOJ) announced this week....
Ken Kutaragi, father of the Sony Playstation, has issued his opinion about the metaverse narrative currently developing on the market. The former executive of Sony stated that he saw no point in the metaverse idea of separating the real world from the virtual one.
Playstation Inventor Bashes Current Metaverse Conception
Ken Kutaragi, one of the inventors of the Sony Playstation, has criticized the conception of the metaverse that some companies are currently pushing. Kutaragi stated in an interview with Bloomberg his opinion about how the metaverse is being conceived, declaring....
Non-fungible tokens are going 3D, and Sony Electronics – the Japanese tech juggernaut – wants to be the company that takes them into a whole new experience. Sony is collaborating with Theta Labs, the operator of the blockchain-based video streaming platform Theta, to produce two types of 3D NFTs designed specifically for use with the Sony Spatial Reality […]