Crypto News
Officially Licensed Audiera Surpasses 1 Million Users — Ushering in a New Era of Glory
This content is provided by a sponsor. PRESS RELEASE. With official licensing secured, the iconic music and dance game Audiera has already attracted over 1 million users and is exclusively launched on BNB Chain, setting the stage to reignite the glory of this beloved classic in the Web3 era. By combining decentralized technology with advancedSource link
New ETF Filings Hint at Broader Crypto Product Boom Ahead
Fund managers are pivoting to leveraged meme coins and active strategies as an October approval timeline nears.Source link
SBI and Chainlink Partner to Accelerate Institutional Tokenization and Stablecoin Use in Japan and APAC
SBI Group and Chainlink announced a strategic partnership aimed at accelerating institutional adoption of digital assets in Japan and key Asia‑Pacific (APAC) markets by developing infrastructure for tokenized real‑world assets, tokenized funds and regulated stablecoins. The collaboration will initially focus on Japan, leveraging SBI’s financial market expertise and Chainlink’s oracle and interoperability technologies — includingSource link
Japan’s Finance Minister Says Crypto Assets Can be Part of Diversified Portfolio
Japan's Finance Minister Katsunobu Kato said on Monday that cryptocurrencies can be part of a diversified portfolio."Crypto assets have risks surrounding high volatility, but through building an appropriate investment environment, they could be part of diversified investments," Kato said while speaking at an event in Tokyo, according to Bloomberg.The minister added that the government has been trying to ensure that innovation isn't stifled by excessive regulation.Kato's comments are particularly notable in the context of Japan's debt-to-GDP ratio exceeding 200%, which raises concerns about imminent financial repression and potential depreciation of the yen.Financial repression involves policies aimed at reducing government debt burdens through measures such as inflation, low or negative real interest rates, currency depreciation and capital controls.These policies tend to...
Crypto Giants Galaxy, Jump and Multicoin Seek $1B to Raise Largest Solana Treasury: Report
Galaxy Digital, Multicoin Capital and Jump Crypto are looking to raise $1 billion to build a treasury dedicated to Solana's SOL (SOL), Bloomberg reported on Monday.The three crypto firms have joined hands and have hired Cantor Fitzgerald as the lead banker, the report said, citing people familiar with the matter. They plan to buy out a listed firm and create a digital asset treasury company, the report added.Digital asset treasuries have become all the rage recently, with many firms copying the strategy popularized by Michael Saylor's bitcoin (BTC) holding firm Strategy (MSTR).At press time, Galaxy, Multicoin and Jump did not immediately respond to CoinDesk's request for commentThe deal is expected to close in early September and has gotten the green...