#Sony Launches Blockchain#

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Sony launched a universal blockchain platform called “Soneium” this week, built on Optimism’s OP Stack, aiming to bridge the gap between Web2 and Web3 audiences, particularly targeting creators, fans, and communities. However, the platform's launch sparked controversy, with some users complaining that the network blocked memecoin transactions, leading some to accuse the network of censorship. Despite this, some users found workarounds that allowed them to pass transactions to the Ethereum base network, circumventing Sony's restrictions. Other notable blockchain news this week included the launch of Bubblemaps' BMT token and the new "Intel Desk", Babylon Labs collaborating with the Cosmos Network to build a trust-minimized Bitcoin bridge, and US prosecutors demanding the return of Bitcoin stolen in the 2016 Bitfinex hack.

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Sony this week launched "Soneium," its universal blockchain platform built on Optimism's OP Stack, aiming to bridge the gap between Web2 and Web3 audiences, particularly for creators, fans, and communities. The platform supports a range of use cases, from decentralized finance applications to entertainment and gaming services. However, Sony's blockchain technology has also sparked some controversy, with some users complaining that the network has been blocking memecoin transactions, leading to accusations that the network is "censoring" certain types of trades. The controversy highlights the inevitable tension between hardcore blockchain ideals and traditional corporate interests, but also showcases the resilience of cryptocurrency, with some users finding workarounds allowing them to "force" transactions through to the Ethereum base network, making Sony's alleged transaction blocking contentious.

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Sony launched the blockchain platform Soneium, aiming to bridge the gap between Web2 and Web3 audiences, especially for creators, fans, and communities.

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The launch of Soneium has sparked controversy, with some users complaining that the network has blocked memecoin trading, leading to accusations that the network is censoring certain types of transactions.

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Sony's blockchain technology showcases the inevitable tension between traditional business and cryptocurrency ideals, but also demonstrates the resilience of cryptocurrency.

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The launch of Soneium is the latest example of traditional businesses exploring blockchain technology, indicating the increasing adoption of blockchain technology across industries.

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