The synergy of AI and blockchain can revolutionize the music industry by enhancing artists' creative capabilities while preserving transparency and fair revenue distribution among creators. AI is increasingly being used as a tool for creating new songs or imitating existing music content. That is why distinguishing human-generated music from AI-generated content is becoming increasingly difficult. Moreover, AI content is often trained on p...
The Internal Revenue Service (IRS), the agency responsible for tax collection in the United States, released proposed regulations on the sale and exchange of digital assets by brokers. Under the rules, brokers would be required to use a new form to report to simplify tax filing and cut down on tax cheating.The proposed Form 1099-DA would “help taxpayers determine if they owe taxes, and avoid having to make complicated calculations or pay d...
In an era where technology is driving the evolution of everything, including art, at an unprecedented pace, artists are in search of platforms where they can not only exist but thrive despite ever-changing algorithms.One such platform, born amidst the tumultuous backdrop of a global pandemic is HUG, which has shown itself to be a beacon for equal representation and opportunity for all – a platform that provides a platfo...
Since 2021, rappers Earl Sweatshirt and The Alchemist have teased the existence of a mysterious music album that has been hidden in plain sight for fans to uncover.
Sweatshirt, whose real name is Thebe Kgositsile, is most known for working alongside Tyler, The Creator beginning in 2009.
The Alchemist, whose real name is Alan Maman, kicked off his rapping and DJ career in 1991 (age 14) when he formed The Whooliga...
Investors of the popular meme coin, $PEPE, were (understandably) alarmed on Thursday after millions of dollars worth of $PEPE were suddenly transferred to crypto exchanges, including Binance, OKX, and Bybit.
Interestingly, this incident marked the first instance in which the project’s essential multi-sig wallet participated in sending out PEPE tokens.
Thursday’s sudden surge of over 16 trillion $PEPE tokens natur...
Meta, formerly known as Facebook, announced the launch of its new, free state-of-the-art AI tool that is able to take text prompts that streamline the process of code creation and debugging, according to a company press release on August 24th.
Named ‘Code Llama,’ the tool leverages Meta’s Llama 2 large language model (LLM) to essentially make workflows faster and more efficient for developers and for those beginners...
Bitcoin BTC $26,339 open interest has been ascending for months, suggesting the market’s resilience even though the largest cryptocurrency by market capitalization hasn’t consolidated above the psychological level of $30,000.At the beginning of August 2023, Coinalyze data showed that the Bitcoin open interest figure returned to break above $10 billion, maintaining close to the highest level since the beginning of May 2022. The figure upd...
Shares of computer chip manufacturer Nvidia soared nearly 10% in after-hours trading as surging demand for AI chips saw the firm post Q2 earnings that significantly beat Wall Street estimates.In its Q2 earnings report, the company posted a whopping $13.5 billion in revenue for the quarter — an 88% increase from Q1. The revenue figure came in at over $2 billion more than the $11.2 billion that analysts had predicted for the company. Addition...
Hours after the DOJ announced that OpenSea’s former product manager Nathan Chastain would be sentenced to three months in prison, it just announced another major indictment — this time, against the crypto mixing service, Tornado Cash.
And for its two founders, ominous clouds loom, signaling an impending storm.
On Wednesday, Roman Storm, 34, and Roman Semenov, 35, the founders of the Russian cryptocurrency mixer pl...
Bitcoin Ordinals were the talk of Crypto Twitter in the first half of 2023. Now, as the initial fervor surrounding them begins to settle, many are curious about its future, with questions like, “what happened to the orange backgrounds?” CEO and Co-founder of Metagood Danny Yang, a prominent voice in the industry, has stepped forward to assert that Bitcoin Ordinals are far from fading into obscurity. Instead, they stand...
