Softbank News

Operated by SoftBank, the backer of one of the world’s top 10 public Bitcoin holders, PayPay is integrating with Binance Japan ahead of its expected US IPO in December.

SoftBank’s mobile payment service PayPay acquired a 40% stake in the Japanese subsidiary of Binance after applying for US listing in August.

Twenty One Capital, backed by Cantor Fitzgerald and Tether, may begin issuing US dollar loans using Bitcoin as collateral.

Tether added another 4,812 Bitcoin to Twenty One Capital’s Bitcoin holdings, currently trading under Cantor Equity Partners until the firms finalize a merger.

Bitcoin bears are at risk of deep losses as soaring inflows to the spot BTC ETFs highlight the return of institutional investor demand.

Twenty One Capital has grand plans to dethrone Michael Saylor’s Strategy as the leading Bitcoin treasury firm, receiving investment support from industry heavyweights.

Bitcoin corrects after a shocking CPI print, potential BTC miner sell pressure and concerning macroeconomic developments.

The Stargate project will be led by OpenAI, SoftBank and Oracle, while Microsoft and Nvidia will be key initial technology partners.

The announcement came at President-elect Donald Trump’s Mar-a-Lago estate in Florida.

SoftBank’s tender offer allows OpenAI employees to cash out up to $1.5 billion worth of shares as it takes a larger stake in the company.

Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion.

Billionaire finance mogul Masayoshi Son also said that AI will be 10,000 times smarter than humans by 2035.

The SoftBank-owned research and development firm Arm said it will develop its own AI chips as its owner reports profits after shifting focus to AI.

Exciting times lead to exciting posts, many of which bring up valid questions, and maybe some less valuable answers.

In a court filing in Singapore, 3AC’s liquidators seek to slow down an expected onslaught of suits while they figure out the company’s complex financial dealings.