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“# How NFTs are empowering recording artists and helping them escape centralized platforms ” Blockchain is rapidly becoming the innovative force industry insiders have been promising for years. The number of projects and artists offering their works using it as a core technology may be shifting the current economic model under which most musicians operate….
“# CoinMarketCap hack reportedly leaks 3.1 million user email addresses ” CoinMarketCap, a price-tracking website for cryptocurrencies, has reportedly fallen victim to a hack that leaked 3.1 million user email addresses. The information came into light after the hacked email addresses were found to be traded and sold online on various hacking forums, and revealed…
“# NFT studio Mojito completes $20M seed round with help from Sotheby’s ” NFT development studio Mojito announced Friday that they have raised $20M in seed funding from a number of investors, including internationally known auction house Sotheby’s. According to an announcement published in Forbes, Sotheby’s auction house in partnership with Future Perfect Ventures, Creative…
“# Reddit may be preparing to launch its own NFT platform ” Social media platform Reddit appears to be hiring workers to support the design, build, and maintenance of a nonfungible token platform. According to a Greenhouse job posting, Reddit is looking for a senior backend engineer for a platform responsible for “millions of users…
“# Polygon pays $2M bounty on bug which could have compromised $850M in user funds ” White hat hacker Gerhard Wagner has earned $2 million after reporting a solution to a potentially costly “double-spend” bug on the Polygon network. In an Oct. 21 blog post from Immunefi, a security service that helps facilitate bug reports…
“# Hilbert Group forms COIN360 JV with Cointelegraph and Chiron Partners ” Sweden-based Hilbert Group AB, United States-based Cointelegraph and Asia-based investment group Chiron Partners will join forces to launch a new business of COIN360. Under this joint leadership, COIN360 will expand its product suite to become a full-service market data provider covering the full…
“# Crypto platform Rally commits $12M to third-party developers ” Crypto-social platform Rally has earmarked $12 million for external developers to improve the functionality of the ecosystem, potentially setting the stage for new innovations that would benefit creators. The grants program will be distributed through RLY tokens, the native cryptocurrency of the Rally ecosystem, the…
“# Valkyrie Bitcoin futures-linked ETF launches on Nasdaq, with share prices dropping 3% in first hour ” The second Bitcoin (BTC) futures-linked exchange-traded fund in the United States began trading on the Nasdaq, opening at a price of $25.52 per share. According to the Nasdaq, digital asset manager Valkyrie’s Bitcoin Strategy ETF, the second exchange-traded…
“# Blockstream raises $16M for its Bitcoin mining STO in a matter of hours ” Major blockchain technology company Blockstream has completed six tranches of its Bitcoin (BTC) mining security token offering (STO), securing a total of 30.9 million euros ($36 million). Blockstream officially announced Thursday that the company raised 13.9 million euros ($16.1 million)…
“# Web Summit returns in-person event to delve into crypto, DeFi and NFTs ” Major global technology conference Web Summit is returning to Portugal with an in-person event to delve into the world of fintech and cryptocurrency. On Nov. 1, Web Summit 2021 will kick off in Lisbon, Web Summit’s first physical conference since the…