Search results for Soneium
Crypto
Soneium to hand blockchain operations to OP Enterprise
OP Enterprise, a blockchain infrastructure and operations service released for businesses by Optimism developer OP Labs, will be used to run Soneium, Sony’s layer-2 blockchain. The Optimism Foundation and OP Labs will support operations in a fully managed model, covering deployment, upgrades, sequencer and node infrastructure, daily monitoring and incident response. The parties set a 99.9 percent monthly uptime target under an SLA and will respond 24/7 in emergencies.
Crypto
Aave to remove low-adoption reserves, end services on six small blockchains
DeFi protocol Aave has put forward a governance proposal to remove low-use assets from its reserves and end services deployed on six smaller blockchain networks. The move affects $98.10 million in deposited assets and $15.60 million in outstanding debt, The Block reported. The proposal recommends removing 50 low-adoption reserves across 11 Aave V3 deployments and 21 maturing Pendle principal tokens, and fully shutting deployments on Sonic, Scroll, zkSync, Metis, Soneium and Aptos.
Crypto
Japan\'s SBI nears launch of yen stablecoin JPYSC, targeting institutional trading
Japan\'s SBI Group plans to issue its yen-pegged stablecoin JPYSC as early as this week after securing approval from the Financial Services Agency, The Defiant reported. The token would be the first yen stablecoin issued by a financial institution using a trust-bank structure under Japan\'s Payment Services Act. SBI said JPYSC is a trust-based stablecoin issued by Shinsei Trust Bank, with distribution handled by SBI VC Trade and development with Singapore-based Startale Group.
