The music industry is currently experiencing a profound shift, driven by the emergence of digital innovation. In this changing landscape, one technology stands out as a catalyst for transformation: blockchain. This technology is the way artists create and distribute their…
Web3 Music Accelerator Program: A Collaboration Between Polygon Labs and Warner Music Group
Polygon Labs and Warner Music Group (WMG) have joined forces to launch the Web3 Music Accelerator program, with the aim of fostering innovation at the intersection of Web3 and music. This program, which was introduced in June 2023, has already…
NFTs and Music Reshaping Artist-Fan Connections and Monetization in a $31.2 Billion Industry
The non-fungible token (NFT) phenomenon, set to exceed $1.6 billion in 2023, is colliding with the robust $31.2 billion global music industry. This fusion is reshaping the landscape, creating a seismic shift in how musicians create, engage, and monetize their…
Tornado Cash Receives $3.3M in Ether Following Poloniex Hack Theft
In a shocking incident that sent shockwaves through the cryptocurrency community, a skilled hacker managed to steal a staggering $125 million from Poloniex’s hot wallets in November. The audacious heist, which exploited vulnerabilities in the popular exchange’s security systems, showcased…
Bitcoin’s Long-Term Investors Now Possess More Than 76% of All BTC for the First Time. Details below
In the ever-fluctuating world of cryptocurrencies, Bitcoin, affectionately known as BTC, is currently undergoing a transformation that is sending shockwaves through the market. Regardless of whether you are an experienced BTC price speculator or a newcomer to the crypto arena,…
