Sony To Launch Crypto Exchange

Alpha Team
July 01, 2024

🔄 Sony Revives Whalefin Crypto Exchange

Sony Acquires Whalefin Exchange: Sony's Quetta Web purchased Amber Group's Whalefin in August 2023, rebranding Amber Japan to S.BLOX. The financial terms of the acquisition have not been disclosed.

Upcoming Launch Plans: Sony plans to relaunch the crypto exchange with a new app soon. This move signifies Sony's deeper entry into the crypto space, following its previous Web3 investments and NFT-related patents.

Background and Comments: Amber Japan, formerly DeCurret, was taken over by Amber Group in 2022. Sony and Amber were not available for comments. Bloomberg noted Amber's intent to sell due to Japan's strict regulations. Read More.

️ On today's Top Picks:

🔜 Ethereum ETF issuers to resubmit S-1 forms by July 8th.
⚡ Linea launches Culture SZN Campaign on Layer3.
🪂 Kinto launches $K Airdrop claim.
🐾 Roaring Kitty discloses stake in Chewy $CHWY.

Read time: ⏰ 5 minutes

Crypto News

• ⭐️ Sony acquires Amber Japan (Whalefin), to launch crypto exchange in Japan.

• ⭐️ US SEC returns S-1 forms to Ethereum ETF issuers with few comments, to resubmit by July 8th.

• Circle acquires EMI license to issue $EURC & $USDC in the EU in compliance with MiCA.

• German Government transfers out 1500 Bitcoin $BTC (~$95M), still holds 44692 Bitcoin.

• Gemini signs 5-year sponsorship deal with Real Bedford football club.

Alpha

• ⭐️ Linea launches Culture SZN Campaign on Layer3.

• Union launches Farming Volume 1 Quest on Metaverse.

• Pirate Nation launches Season 2 BOOTY Points.

• ICYMI Weekly Crypto Update by Lightning X Drop.

Airdrops

• ZERϴ Network Testnet by Earndrop.

• ⭐️ Kinto launches $K Airdrop claim until August 15th.

• Exchange Art launches $ART Airdrop eligibilty & allocation checker.

• Six Free Airdrops by Aram Z.

• ICYMI Weekly Claims & News by Earndrop.

Finance News

• Coinbase $COIN selected by US Marshals Service to safeguard & trade its digital assets.

• ⭐️ Roaring Kitty (Keith Gill) discloses 6.6% stake in Chewy $CHWY.

• Metaplanet buys 20.2 Bitcoin $BTC (~$1M) as part of $6M strategy to boost Bitcoin holdings.

• Silvergate Bank pays $63M to settle charges with US SEC.

• BlackRock $BLK to acquire UK data group Preqin for $3.2B.

• Boeing $BA to buy Spirit AeroSystems $SPR for $4.7B all-stock deal.

Security and Exploits

• SlowMist releases 2024 Mid-Year Blockchain Security & AML Report.

• Deepfakes Crypto Crime projected to exceed $25B this year.

• Transparent Tribe targets Android users with CapraRAT spyware disguised as popular apps.

• Mac Stealer “Poseidon” spreads via malicious Google ads for Arc web browser.

Token Unlocks

• Galxe / 3M $GAL / ~$6.7M / JUL 05
• Hashflow / 13.62M $HFT / ~$2.9M / JUL 07
• Ethena / 14.89M $ENA / ~$7.9M / JUL 07

Funding

• Mamoria, an ML-enabled Pathfinder for Blockchain Value Extraction, raises $5M in Seed funding led by Blockchain Capital.

• Nubila, an ESG data network for the DePIN ecosystem, raises $2.5M in funding led by IoTeX, VeChain, & Boston Consulting Group.

• Tomarket, a marketplace to trade new assets, raises an undisclosed amount in funding from Bitget Wallet & Foresight Ventures.

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PROTOCOL	ASSETS	APY
Abracadabra Spell (Arbitrum)	MIMUSDCUSDT	44.13%
Notional V3 (Ethereum)	NUSDC	40.92%
BFX (Blast Futures) (Blast)	USDB	34.89%
Indigo (Cardano)	IUSD	30.80%
Azuro (Polygon)	USDT	29.53%
Turbos (Sui)	USDTUSDC	26.85%
Umami Finance (Arbitrum)	GMUSDC(WBTC)	25.94%
Ekubo (Starknet)	USDCUSDT	25.25%

. . .

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. . .

That’s it for today’s edition! See you soon.

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