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🌙 Sony’s Blockchain Sonieum Launches Amidst Debates

Developed by Sony Block Solutions Labs and based on the OP Stack from the Optimism Foundation, Sonieum aims to provide a more accessible Web3 experience.

Author

Mike Gavela
January 14, 2025

Crypto Roundup - January 14

Sony’s new blockchain platform, Sonieum, has launched to both industry excitement and scrutiny over potential security and data privacy issues. Meanwhile, Mango DAO—a decentralized governance collective—has voted to shut down after reaching a settlement with the SEC, marking another example of heightened regulatory oversight in the DeFi space. Finally, on the political front, Donald Trump’s first-day executive order on crypto heralds a potentially more assertive government stance on digital assets, pointing to increased regulation ahead.

Top Stories

  • Sony’s new blockchain draws scrutiny for its security and privacy measures.

  • Mango DAO shuts down following an SEC settlement that raises DeFi regulatory questions.

  • Trump’s crypto order signals a more aggressive regulatory approach to digital assets.

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TOP STORIES

Sony's Blockchain Sonieum Launches Amidst Debates And Security Concerns - EGamers.io - P2E NFT Games Portal

Sony has officially launched the mainnet of Sonieum, its Layer-2 blockchain platform, with a vision to revolutionize Web3 interactions and enhance fan

egamers.io/sonys-blockchain-sonieum-launches-amidst-debates-and-security-concerns

Mango DAO votes to shut down following SEC settlement

The votes mark the end of a turbulent, months-long saga at the DAO.

www.dlnews.com/articles/defi/mango-dao-votes-to-shut-down-following-sec-settlement

Trump’s Day-One Crypto Executive Order Likely First of Many: Sources - Decrypt

Trump is likely to follow up an initial crypto executive order with several more that impact the SEC, State Department, and more.

decrypt.co/300809/trump-day-one-crypto-executive-order-likely-first-many

FUNDRAISING

OTHER HEADLINES

UK government proposes ban on crypto ransomware payouts

The UK government is planning to ban public sector bodies, including schools and the NHS, from paying crypto ransomware payments.

protos.com/uk-government-proposes-ban-on-crypto-ransomware-payouts

Bank of England takes next step in CBDC exploration with Digital Pound Lab

The Bank of England launches the Digital Pound Lab, exploring a CBDC to complement cash and foster innovation in the UK payments ecosystem.

cryptobriefing.com/digital-pound-exploration-cbdc-lab

Morpho TVL Up 150% Since its Token Launch - "The Defiant"

Morpho Protocol, the third- biggest lending protocol by assets held in smart contracts, is at a new all-time high total-value locked (TVL) of $3.65 billion, a 150% increase since its token launch.

thedefiant.io/news/defi/morpho-tvl-up-150-since-its-token-launch

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