SoftBank will reportedly expand its investment in Sam Altman-led OpenAI to strengthen its position in the AI race. AI cryptocurrencies have, so far, responded positively to this development; however, there are multiple factors, like Gold prices, that could eventually cause a surge or decline in their values. SoftBank and OpenAI
PayPay, a payment service from SoftBank Group, has acquired a major minority stake in Binance’s business in Japan, allowing the Findex ecosystem to make strides into crypto services. This investment recognizes PayPay as an influential player in Japan’s rapidly evolving digital asset market, and it increases Binance’s footprint in the
Cantor Fitzgerald is stepping forward to create a Bitcoin investment vehicle. The son of the US Commerce Secretary, Howard Lutick, leads the firm and plans to initiate a $3 billion Bitcoin venture. This initiative gathered support from other industry giants such as SoftBank, Tether, and Bitfinex. The Financial Times reported
Blockchain security services have been a significant focus for venture capitalists. CertiK wants to make its security audits and verification solutions accessible to everyone. In addition to the $290 million it has received in the last nine months, the unicorn blockchain security business CertiK has raised $60 million from SoftBank
Claure stepped down as Softbank’s CEO at the end of January. Bitcoin has been down 1.25% in the last 24 hours. Marcelo Claure, a former CEO of Tokyo-based Softbank, has revealed that he currently allocates 10% of his assets to Bitcoin (BTC). According to Claure Capital’s CEO, he decided because
NFT platform Sorare closing in on $532M funding round The recent fundraising round, supposed to be led by SoftBank. Sorare positioned 6th on the list of top NFT collectible projects. Sorare, a global fantasy football game where players can play with officially licensed digital cards, closing in on a $532
