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Crypto Bro Apocalypse: Oasys and Japanese Banking Giant Join Forces to Turn Your Life Savings Into Digital Ash

Crypto NewsNewsRegulation/Negotiation 2 Doug Martinez August 30, 2024

A cartoon apocalypse scene unfolds as a giant Oasys logo looms in the background while Tokyo skyscrapers crumble into digital ash below. A lone figure of Yoshitaka Kitao, CEO of SBI Holdings, stands atop a pile of rubble holding a blockchain token aloft amidst flames and smoke.

The never-ending parade of crypto bros trying to make it big in Japan continues! Oasys, a blockchain platform for Web3 gaming (read: another way for people to lose their shirts), has partnered up with SBI Holdings, one of the biggest financial conglomerates in Japan. Because what could possibly go wrong when you combine a bunch of get-rich-quick schemes and unproven technology? The partnership includes funding from SBI Holdings to ‘improve liquidity’ (read: make it easier for people to lose money) on Oasys’s native token. Yoshitaka Kitao, the CEO of SBI Holdings, is quoted as saying he’ll do his best to expand use cases for blockchain tech – because we all know that what Japan really needs right now is more cryptocurrency nonsense.

Source: cointelegraph

Oasys partners with financial giant to boost Web3 gaming in Japan
https://cointelegraph.com/news/oasys-partnership-web3-gaming-japan
SBI Holdings, one of Japan’s largest financial conglomerates, has partnered with Oasys, a blockchain platform designed specifically for Web3 gaming. According to a press release shared with Cointelegraph, the partnership also includes a successful round of funding from SBI Holdings to improve the liquidity of the Web3 gaming platform’s native token. Yoshitaka Kitao, representative director, chairman, president and CEO of SBI Holdings, stated that the firm would “endeavour to further […]

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About the author

Doug Martinez

Doug’s foray into NFTs was a monumental disaster, losing his entire life savings on digital junk that turned out to be worthless. Fueled by a mix of rage and disbelief, Doug crafts scathing, darkly comedic articles about the NFT madness. His writing cuts through the hype with bitter clarity, exposing the folly of the NFT craze. When he's not raging about his losses, he’s probably still trying to comprehend why he fell for this ludicrous scam.

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Disclaimer

The content presented on this site is intended solely for entertainment purposes and should not be taken as factual or reliable information. This site employs satire and humor to discuss global news, current events, finance, and cryptocurrency. The views expressed here are not meant to be taken seriously and do not represent the opinions of any individuals, organizations, or entities discussed.

Please be aware that the content may be exaggerated, fictionalized, or otherwise altered to create a comedic effect. It is not intended to provide financial advice, make accurate predictions, or offer any serious commentary on current events or financial markets.

Readers are encouraged to verify any claims or statements with credible sources and should not make any decisions based on the information provided here. This blog is not responsible for any actions taken based on its content. Always consult a qualified professional before making any financial or investment decisions.

Please do not hesitate to contact us if you have any questions or concerns.

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